Surgical Imaging Market was valued at USD 1.95 Bn. in 2022, and it is expected to reach USD 3.07 Bn. by 2029, exhibiting a CAGR of 6.7% during the forecast period (2023-2029)
Surgical Imaging Market Overview:
The goal of this study is to provide an overview of the Surgical Imaging Market industry as well as a detailed market segmentation by segments and geographies. The report contains critical information on the market positions of the top Surgical Imaging firms, as well as important industry trends and opportunities.
The study also contains company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information for the leading industry players in the Global Surgical Imaging market. This research looks into global, regional, and corporate market trends, volume, and value. This study examines the whole Surgical Imaging Market Size from a worldwide standpoint, evaluating historical data and generating estimates.
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Market Scope:
Extensive primary research was carried out to gather information and check and validate important figures once market engineering, which included market statistics computations, market size calculations, market predictions, market breakdown, and data triangulation, was finished. Throughout the market engineering process, top-down and bottom-up methodologies, as well as a number of data triangulation methods, were frequently used to obtain market evaluations and forecasts for the overall market segments and sub-segments included in the Surgical Imaging market study. Extensive qualitative and quantitative analysis is performed on all data obtained during the market engineering process in order to provide essential information throughout the report.
In order to validate the market size and estimate market size by segment, top-down and bottom-up methodologies are used. The research’s market projections are based on the selling price, minus any discounts given by the producer, distributor, wholesaler, or traders. To determine percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the stated market Size in the pertinent region or country determines the country-specific divisions of the overall market and its sub-segments.
Drivers:
The main factors propelling the growth of the surgical imaging market are the advantages of FPDs over image intensifiers, technical advancements, reimbursement reductions for analogue radiography systems, and the increased need for less invasive procedures. Surgical imaging has significantly improved as a result of the development of C-arm technology from traditional X-ray image intensifier technology to digital flat-panel detectors (FPDs). FPDs are more advantageous than picture intensifiers in a number of ways, including smaller size and reduced radiation exposure. FPDs are capable of creating a more consistent, high-quality digital image, even though resolution varies by model. With ordinary image intensifiers, the quality of the images declines with time, but not with FPDs.
Segmentation:
by Technology
1. Image intensifier C-arms
2. Flat Panel Detector C-arms (FPD C-arms)
by Application
1. Orthopedic and Trauma Surgeries
2. Neurosurgeries
3. Cardiovascular Surgeries
4. Gastrointestinal Surgeries
5. Other Applications (Urology and End bronchial & Thoracic Surgery)
by End-Use
1. Hospitals
2. Diagnostic Centers
3. Academic & Research Institutes
Key Players:
Inorganic growth tactics cited in the industry included acquisitions, partnerships, and collaborations. Because of increased demand, industry participants in the Surgical Imaging market are projected to benefit from excellent future growth opportunities. The following are a few firms involved in the global Surgical Imaging industry.
1. Ziehm Imaging GmbH (Germany)
2. Siemens AG (Germany)
3. Basler AG (Germany)
4. Koninklijke Philips N.V. (Netherlands)
5. Barco (Belgium)
6. Eurocolumbus Srl (Italy)
7. Medtronic plc (Ireland)
8. CONMED Corporation (US)
9. NDS Surgical Imaging (US)
10. Carestream Health (US)
11. GE Healthcare (US)
12. Hologic, Inc. (US)
13. New View Surgical, Inc (US)
14. Johnson & Johnson (US)
15. Abbott Laboratories (US)
16. Cardinal Health (US)
17. Stryker Corporation (US)
18. Baxter International Inc (US)
19. Boston Scientific (US)
20. 3M Health Care (US)
21. Danaher Corporation (US)
22. Imagin Medical (Canada)
23. GENORAY Co., Ltd. (South Korea)
24. Shimadzu Corporation (Japan)
25. Olympus Corporation (Japan)
26. Canon Medical Systems Corporation (Japan)
27. Allengers Medical Systems Ltd. (India)
28. BPL Medical Technologies (India)
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Regional Analysis:
After studying the political, economic, social, and technical elements impacting the Surgical Imaging market in various regions, the report offers a detailed PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, and the Middle East, Africa, and South America.
COVID-19 Impact Analysis on Surgical Imaging Market:
Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their plans to account for changing market supply. This report provides an overview of the COVID-19’s influence on the Surgical Imaging market and will assist you in developing your business in accordance with the new industry standards.
Key Questions Answered in the Surgical Imaging Market Report are:
- What will be the CAGR of the Surgical Imaging market during the forecast period?
- In the Surgical Imaging industry, which market category emerged as the market leader?
- Who are the main market participants in Surgical Imaging?
- What will the size of the Surgical Imaging market be in 2027?
- Which company dominated the Surgical Imaging industry in terms of market share?
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