Market Size – USD 1.07 Billion in 2019, Market Growth – CAGR of 5.2%, Market Trends – Growing adoption of mobile c-arms in emerging economies
The increasing emergence of chronic diseases over the recent past that need early assessment and on-time diagnosis for prevention of complications is mainly stimulating the growth of the market. Moreover, the growing number of road accidents which often leads to orthopedic injuries are fueling the demand for all kinds of mobile c-arm devices. Additionally, the rise in geriatric population, advancements in technology across various regions as well as the rising inclination towards minimally invasive surgical procedures are also stimulating the market growth.
Over the recent past, competition among the major players across the globe has intensified mainly in the private sector which has made private hospitals emphasize on technological advancements. Hence, usage of mobile c-arms for orthopedic surgeries, like repositioning of dislocated bone fragments as well as placement of pedicle screws in the spine lead to the growing demand of the technology. Furthermore, all the players are trying to make the technology cost effective which is further increasing the efficiency at which the market operates.
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Key Highlights From The Report.
In January 2020, Trivitron Healthcare launched digital c-arm named Elite at Arab Health 2020 conference in Dubai. Elite helps to deliver high quality images with better greyscale resolution in order to find out minute details as well as increase operational efficiency by accurately positioning movements.
The full-size c-arm devices segment held the most prominent market share in because of the increase in the area of application particularly across surgical and orthopedic procedures. The technology makes it painless for patients as well as increases the ease of diagnosis for healthcare professionals.
When it comes to the application areas, orthopedics and trauma segment accounted for the largest market share because incorporation of mobile c-arms has reduced operational risks and increased efficiency. Moreover, usage of these devices has also increased affordability associated with radiography.
Key participants include Toshiba Medical Systems, Philips Healthcare, GE Healthcare; Hologic Corporation; Shimadzu Corporation, Siemens AG, Ziehm Imaging, Eurocolumbus s.r.l., OrthoScan, Inc. and Hitachi Medical Systems among others.
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Knowing the trends influencing the industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
Regional Scope- North America; Europe; Asia Pacific; Central & South America; MEA
Type Outlook (Revenue, USD Billion; 2017-2027)
Full-Size C-Arms
Mini C-Arms
Application Type Outlook (Revenue, USD Billion; 2017-2027)
Orthopedics and Trauma
Neurology
Cardiology
Pain Management
Gastroenterology
Oncology
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