X-rays have different energy frequencies than ultrasound. Because different tissues stop X-rays at different levels, bone stops more X-rays than muscles. Therefore, dense materials show up as white, and lighter materials are seen as darker. The imaging process takes approximately 4 minutes per body part, and four images of one body part are sufficient to obtain the information needed. The imaging equipment used by orthopedic doctors is more advanced than those used in hospitals.
X-rays are another important tool in orthopedics. X-rays have a higher energy frequency than ultrasound and produce detailed images of bone and soft tissues. The use of X-rays in orthopedics is an essential step in diagnosing and treating patients with orthopedic conditions. These tests may take 45 minutes to complete. During the procedure, the doctor may make a biopsy to see if the problem can be treated with a more effective treatment.
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The global orthopedic imaging market is estimated to account for US$ 13,061.1 Mn in terms of value by the end of 2028.
Growing prevalence of orthopedic diseases and bone injuries is propelling growth of the global orthopedic imaging market. For instance, according to the Centers for Disease Control and Prevention (CDC)’s May 2019 report, an estimated 54.4 million US adults have diagnosed arthritis, which accounted for around 1 in 4 people in the U.S.
Moreover, rise in geriatric population is again expected to support growth of the market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.
North America region held leading position in the global orthopedic imaging market in 2021, accounting for 31.2% share in terms of volume, followed by Europe.
High cost of clinical trials and stringent regulations are projected to fuel growth of the global orthopedic imaging market. Also, due to the regulatory restrictions, it has become difficult for the producer to conduct early stage trails and establish partnership with local players.
Moreover, growing pressure on healthcare budgets in the U.S is projected to hinder growth of the global orthopedic imaging market. The application of medical imaging in the U.S. has increased significantly over the last decade. As a result, certain reductions in Medicare payments have been observed in the last decade.
Growing volume of patient data is created from healthcare systems and storage of such vital data has become of significant concern. In addition to storage-related concerns, healthcare systems are witnessing challenges in accessing and sharing this data to reduce the cost of duplication. Thus, cloud storage services for medical imaging and information management is expected to offer major opportunities to hospitals in terms of better resource and cost management and easy access to medical images and related records in and across organizations and departments.
Currently, the global orthopedic imaging market is facing intense competition from re-manufactured and low cost equipment producer in developing nations. The increasing price-sensitivity in the healthcare system has created an opportunity for new low scale equipment to replace with new systems. Similarly, China made low-cost medical devices have put downward price pressure. Thus, increasing adoption of low-cost and low-end imaging devices is limiting access to advanced imaging platforms.
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Major players operating in the global orthopedic imaging market include, GE Healthcare, Siemens AG, Esaote SpA, Hitachi Ltd., Koninklijke Philips N.V., Planmed OY, EOS Imaging, and Toshiba Corporation.
In December 2020, EOS imaging SA received 510(k) clearance from the U.S. FDA for its EOSedge – a general X-ray system powered by a high-resolution photon counting detector.
Major players in the market are also focused on adopting collaboration and partnership strategies to expand their product portfolio. For instance, in December 2019, DePuy Synthes, a division of Johnson & Johnson, announced partnership with Zebra Medical Vision, the deep learning medical imaging analytics company, to supplement its artificial intelligence and imaging analytics efforts for joint reconstruction procedures.
Reasons to buy this Orthopedic Imaging Market Report
◘ Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Orthopedic Imaging Market
◘ Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the emerging Orthopedic Imaging Market
◘ Leading company profiles reveal details of key Orthopedic Imaging Market players emerging five operations and financial performance
◘ Add weight to presentations and pitches by understanding the future growth prospects of the emerging Orthopedic Imaging Market with five year historical forecasts
◘ Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Orthopedic Imaging Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Orthopedic Imaging Market are also given.
𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐅𝐥𝐚𝐭 𝐔𝐒𝐃 𝟐𝟎𝟎𝟎 𝐎𝐟𝐟 @
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Orthopedic Imaging Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Orthopedic Imaging Industry Impact
Chapter 2 Global Orthopedic Imaging Competition by Types, Applications, and Top Regions and Countries
2.1 Global Orthopedic Imaging (Volume and Value) by Type
2.3 Global Orthopedic Imaging (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Orthopedic Imaging Sales, Consumption, Export, Import by Regions
Chapter 5 North America Orthopedic Imaging Market Analysis
Chapter 6 East Asia Orthopedic Imaging Market Analysis
Chapter 7 Europe Orthopedic Imaging Market Analysis
Chapter 8 South Asia Orthopedic Imaging Market Analysis
Chapter 9 Southeast Asia Orthopedic Imaging Market Analysis
Chapter 10 Middle East Orthopedic Imaging Market Analysis
Chapter 11 Africa Orthopedic Imaging Market Analysis
Chapter 12 Oceania Orthopedic Imaging Market Analysis
Chapter 13 South America Orthopedic Imaging Market Analysis
Chapter 14 Company Profiles and Key Figures in Orthopedic Imaging Business
Chapter 15 Global Orthopedic Imaging Market Forecast (2022-2028)
Chapter 16 Conclusions
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