Overview
Orthopedic medical imaging allows clinicians to study the interior structure of the body in a non-invasive manner to help in the diagnosis of a medical issue. Medical imaging equipment provides pictures that depict interior anatomic features of the patient’s body to diagnose and monitor illnesses or accidents. Orthopedic medical imaging has shown to be a useful tool in assisting physicians in diagnosing illness and therapy efficacy. Orthopedic medical imaging provides clinicians with safe, efficient, and high-quality imaging, which is an important component in medical decision-making and can help to reduce the need for surgical treatments.
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Drivers
The global orthopedic medical imaging market is projected to expand due to an increase in orthopedic diseases and an ageing population that is more vulnerable to osteoarthritis. According to the World Health Organization (WHO), around 28.2 percent of the worldwide population aged 60 and over suffers from osteoarthritis, with an estimated 80 percent having mobility issues. According to the World Health Organization, osteoarthritis will be the fourth most prevalent cause of disability by 2020. According to the International Osteoporosis Foundation, osteoporosis causes more than 8.9 million injuries each year, with one occurring every three seconds. One in every three women over the age of 50, as well as one in every five males over the age of 50, is likely to suffer from osteoporotic fractures.
The rising number of occurrences of bone fracture injury caused by falls, motor vehicle accidents, or sports need prompt medical intervention, which is supplied by orthopedic medical imaging systems, boosting the global orthopedic medical imaging market expansion. According to the National Trauma Institute, traumatic injury was a leading cause of mortality worldwide in 2014, with vehicle accidents (29.1%) and falls accounting for the majority of cases (11.6 percent). According to the National Institute of Health, the knee is the most often injured joint among teenage athletes, with an estimated 2.5 million sports-related wounds reporting to emergency rooms each year, according to the National Institute of Health in 2012. This figure is likely to rise in the near future.
Furthermore, advances in imaging technology, along with specialized training, have allowed for quick diagnosis and action. GOKnee3D, a magnetic resonance imaging (MRI) software that decreases the time necessary to do knee diagnostics, gained FDA certification from the US Food and Drug Administration (FDA) in February 2018. In February 2018, Qioptiq, an Excelitas Technologies company, released SlimLine for X-ray diagnostics, which includes a spine mode that allows overexposed pictures to be optimized for optimum contrast and spine visibility. Furthermore, the most recent MRI technology -3T MRI employs a magnetic field stronger than any previous MRI technology, resulting in great detail that permits scanning of orthopedic diseases and ailments, such as bone bruising and spinal problems.
Key Developments
PLANMED OY’s Planmed Verity and MaxScan maxillofacial imaging options gained FDA clearance in May 2015. Planmed Verity is intended to detect minor extremities fractures at the initial clinic visit. The MaxScan imaging system is used to assess maxillofacial injuries.
Carestream Health and Cobalt Health debuted the world’s first on-site 3D Extremity system installation at Cobalt’s Imaging Centre in Cheltenham in October 2017. Cone beam technology is used in the new system to take clean 2D and 3D pictures of the patient’s limbs at the point of treatment.
At the 2019 European Congress of Radiology in February, Royal Philips unveiled their Incisive CT platform. Imaging departments and healthcare organizations may accomplish their economic, clinical, and operational goals with Incisive CT, a cost-effective imaging solution. DoseWise Port is a component of Incisive CT that gathers, monitors, analyses, and reports patient and staff exposure to radiation. It also aids in the regulation of quality care, effectiveness, and the safety of patients and employees.
Mobius Imaging and its subsidiary Cardan Robotics were bought by Stryker in September 2019. Stryker’s product range has been complimented with modern imaging and robotics, as well as a solid development pipeline, and its Spine division skills have been strengthened as a result of this purchase.
Regional Analysis
During the forecast period, North America is estimated to dominate the global orthopedic medical imaging market. Adoption of new technology in medical settings is credited with driving regional market growth. The Robotics Outpatient Clinic in Los Angeles was the first outpatient surgical center in the U.S. to use the Globus ExcelsiusGPS system in January 2018. The technology has embedded spinal navigation, which allows for real-time imaging of the patient’s anatomy, while robotics enables procedures to be conducted with more precision, ensuring greater patient safety.
The orthopedic medical imaging market in Europe is anticipated to develop at a rapid pace throughout the forecast period, due to increased adoption of innovative imaging systems and increased awareness of the need for improving imaging, diagnosis, and clinical management. VolarView portable ultrasound devices and GOPView XR2 Plus Orthopedic Package were presented at the European Congress of Radiology in February 2018 to give greater quality orthopedic pictures. In addition, Easote debuted Evolution 15 at the European Congress of Radiology in 2015. The MRI technology produces higher-quality images, which improves diagnostic accuracy. In addition, the rising frequency of bone injuries as a result of trauma and sports are driving the global orthopedic medical imaging market in the area. According to a study conducted by Imaging Technology News in February 2018, about 11,000 athletes competed in the Summer Olympics in Rio de Janeiro, resulting in 1,101 injuries, for which imaging technologies such as X-ray, Ultrasound, and CT scans were used.
Asia Pacific orthopedic medical imaging market is also projected to see substantial growth due to product releases by major players in the area. In August 2018, Kiran Medical Systems, the Radiology Division of Trivitron Healthcare, has unveiled the entire range of Advanced Digital X-Ray systems, DSA C-Arm, Modular Smart OT Solutions and Satin Touch Radiation Protection Products at Traumacon 2018.
Major Players Are: GE Healthcare, Philips Healthcare, Siemens Healthineers, Toshiba Medical Systems Corporation, Hitachi Corporation, EOS Imaging, Planmed OY, Esaote SpA, Carestream Health, and Fujifilm Holdings Corporation.
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