C-Arms Market Introduction:
According to the research report published by DataM Intelligence, the global C-arms Market size is estimated to reach USD XX million in 2029, from its recorded value of USD 2,844.8 million in 2020, growing with a CAGR of 9.8% during the forecast period.
The C-Arms market growth is driven by several factors such as the rising incidence of chronic diseases, technological advancements in imaging devices, and the growing geriatric population.
Market Dynamics
Imaging systems are a vital technology and are present in nearly all well-equipped hospitals. Specialists in applications, such as surgery, orthopedics, traumatology, vascular surgery, and cardiology use C-arms for intraoperative imaging. The devices provide high-resolution X-ray images in real-time, which help physicians to monitor progress at any point during the operation and immediately make necessary corrections. As a result, treatment results are better, and the patient’s recovery is faster. Hence, the demand for c- arms is increasing in different applications.
Imaging systems are becoming an essential technology and are present in nearly all well-equipped hospitals. Specialists in fields, such as surgery, orthopedics, traumatology, vascular surgery, and cardiology use C-arms for intraoperative imaging. The devices provide high-resolution X-ray images in real-time, which helps physicians to monitor progress at any point during the operation and immediately make necessary corrections. As a result, treatment results are better, and the patient’s recovery is also faster.
Download Sample Brochure @ https://www.datamintelligence.com/download-sample/c-arms-market
Industry Forces
Competitive Rivalry
- The competition in the industry is high with the presence of global, as well as regional companies.
- A major share of the market is grabbed by major players. This will increase the market share of the market.
- The competition will further intensify with the introduction of new technological products in the future.
- Also, the market has witnessed many m&as by large vendors to stay competitive in the market. Thus, the threat of rivalry is high.
Market Segmentation
- By Type
- By Application
- By End-User
- By Region
By Type – Fixed C-Arms
Fixed C-arms are currently being used in several areas of medicine, and their applications are expected to increase over time. These factors, along with the increasing demand for healthcare infrastructure in developing countries, are driving the fixed C-arms market. The emerging market economies include India, Mexico, Russia, Pakistan, Saudi Arabia, China, Brazil, and others. Critically, an emerging market economy is transitioning from a low income, less developed, often pre-industrial economy toward a modern, industrial economy with a higher standard of living.
Major players are consistently trying to gain a competitive advantage through product innovations and upgrades in existing product lines. For instance, GE Healthcare launched the Discovery IGS 7 angiography system which brings both extremely high-quality imaging and complete workspace freedom to the hybrid operating room. Its unique mobile platform brings all the power of a fixed imaging system to the table, yet it can be moved aside, so multi-disciplinary teams can complete procedures comfortably, with unobstructed access to patients. Its high-end fluoroscopy image guidance, advanced applications, and 3D image fusion, all come on a sophisticated gantry that travels on predefined paths with laser-guided precision.
Covid- 19 Impact Analysis
The COVID-19 pandemic is expected to have an impact on the C-arms market. C-arms are used in image-guided procedures that are mostly elective, which were postponed due to COVID 19. This may have also resulted in hospitals deterring the investments in high-cost capital equipment during the current pandemic, as they focus more on ventilators or other COVID-19 treatment supporting equipment.
However, according to the European Association of Urology guideline, while handling COVID-19 positive patients needing surgery, a specially equipped operating room needs to be designed, where a mobile C-arm fluoroscopic X-ray system for radiology and healthcare professionals will be needed for operating.
Hence, considering the rising cases of COVID-19 and its significant effect on healthcare systems across the region, it is estimated that the market will continue the steady growth rate trajectory during the forecast period.
Geographical Analysis
South America has the fourth largest share in the region. South American countries are experiencing rapid socio-demographic and epidemiologic changes and the nature of health problems is undergoing a transition from infectious to chronic diseases, including cancer.
Additionally, the South America C-arms market is consolidated and is highly competitive. Major players are consistently trying to gain a competitive advantage through product innovations and upgrades in existing product lines. Mobile C-arm segment is registering intense competition due to several new product launches. Some of the market players are GE Healthcare, Siemens Healthineers, Ziehm Imaging GmbH, Canon Medical Systems Corporation, Koninklijke Philips NV, OrthoScan Inc, Shimadzu Corporation, and Stephanix.
For instance, GE Healthcare launched a product in Brazil named OEC Elite CFD which has intuitive, powerful features designed to improve control during surgical imaging.
Thus, owing to above-mentioned factors, along with the increasing demand for healthcare infrastructure in the South American region, are driving the market.
Competitive Landscape
The global c-arms market is highly competitive in nature, with the leading players capturing a major share in revenues including GE Healthcare, Canon Medical Systems Corp., Hologic Corp., Siemens Healthineers AG, Koninklijke Philips NV., Shimadzu Corp., Ziehm Imaging GmbH, FUJIFILM Medical Systems, and Genoray.
The key players are adopting various growth strategies such as product launches, mergers & acquisitions, partnerships, and collaborations which are contributing to the growth of the C-Arms market globally. New product launches along with an increased focus on R&D are other ways the leading players improve their market presence. For instance,
With the rising technological advancements and product innovations, mid-size and small-scale companies are increasing their market presence by introducing new devices into the market.
Most Trending Reports
About Us:
DataM Intelligence was established on an elemental idea of publishing Advanced Market Research Reports with precise data points & utmost accuracy that will accelerate the decision-making in designing disruptive solutions.
Media Contact:
Name: Sai Kiran
Company: DataM Intelligence
Contact No: +1 8774414866
Email us: info@datamintelligence.com