High prevalence of target disease, product launches, increasing strategic developments such as partnerships and agreements, favorable research funding scenario, and increased adoption of technological advancements in surgical procedures are the key factors contributing to high CAGR of fixed & mobile C-arms during forecast period.
According to the current analysis of Reports and Data, the global Fixed & Mobile C-arms market was valued at USD 2.09 Billion in 2018 and is expected to reach USD 2.82 Billion by the year 2026, at a CAGR of 3.8 percent. The demand for C-arms for image intensifying is driven by an increase in the geriatric population and the increase in the adoption of new technological advancements in the medical and healthcare sectors. A high rate of research and development is carried out by the manufacturers to cater to the changing demands of the market. For example, Ziehm Imaging Company focuses only on the development and production of C-arms and recently has launched a new generation ‘Vision RFD’ for hybrid theaters. Some of the key factors that are expected to drive the market growth of fixed and mobile C-arms during the forecast period include a rising number of chronic diseases among the population, an increase in air and water-borne diseases and an increased need to detect the internal injury and diseases at an early stage. Additionally, the need for on-time treatment in order to prevent future complications, increase in cases of a road accident and sports injury, growing competition in private sectors, technological advancements, and increased application of c-arms in orthopedic and urology surgeries are expected to drive the market growth.
In order to gain a competitive advantage over the other market players, the manufacturers adopt new strategies and technologies in building products that will help increase customer base and cater to a wide range of applications. For example, ‘Cios Fit’ by Siemens is a C-arm instrument that generates crystal clear images with premium technology, is simple to use, and provides high up-time with built-to-last design. However, the expansion of Flat Panel Detectors (FPDs), the government imposed rules and regulations, the high price of the equipment and harmful radiations emitted by the C-arm equipment are the major hindrance for market growth during 2019-2026.
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Key participants include
GE Healthcare, Shimadzu Corp., ATON GmbH, Philips Healthcare, Siemens Healthcare, Ziehm Imaging GmbH, Hologic Inc., Toshiba Medical System Corp., Othoscan Inc. and Hitachi Ltd
The global Fixed & Mobile C-arms market is expected to register significant growth throughout the forecast period. The pharmaceutical & healthcare sector has register significant revenue growth over the recent past. Technological advancements in the healthcare and medical sector, availability of latest tools and techniques, increasing investments in the healthcare sector and improving healthcare infrastructure are key factors boosting market growth. In addition, rising funds by several public and private sectors, high adoption of POC diagnosis and home care settings, is further fueling market growth.
The current pandemic has been very challenging for all industries including the healthcare and pharma sector. Shortage of medicines, vaccines and others healthcare facilities is expected to open lucrative growth opportunities for market players in going ahead.
Competitive Landscape:
The report offers detailed information about recent activities by market players, their market position, financial status, global standing, services and product portfolio along with license agreement. These key players are adopting various strategies such as partnerships, collaborations, merger and acquisitions, and joint ventures to gain robust footing in the market. These players are also investing in research and development activities to come up with enhanced materials and products.
Further key findings from the report suggest
Fixed & Mobile C-arms market is growing at a CAGR of 4.7% in the Asia Pacific, followed by North America and Europe, with 3.7 % and 3.6% CAGR, respectively. Expansion and enhancement of the healthcare sector are expected to drive the growth of the market.
As of 2018, Mobile C-arm is the dominating Fixed & Mobile C-arms, which holds 30.6% of the global market. North America regional market is the chief revenue-generating source for this product segment, followed by Europe and Asia-Pacific regions
Pain Management segment is anticipated to be the fastest-growing market segment during the forecast period 2019-2026 with a CAGR of 4.4% and is expected to reach USD 816 million by the end of the forecast period.
There are around more than 34,000 OEC mobile C-arms, including 10,000 OEC 9900 Elite systems, in use throughout the world. OEC possesses proprietary accuracy imaging technology using Dynamic Range Management to obtain high-quality images in almost every situation.
Demand for mobile C-arm devices for orthopedic surgical applications, such as placement of pedicle screws in the spinal cord or repositioning of dislocated bone fragments, is swiftly increasing owing to advancements in medical instruments.
Asia Pacific is expected to experience high growth based on increasing government initiatives, flourishing healthcare industry, increasing medical tourism, and growing awareness for advanced imaging procedures.
In terms of application, the orthopedics and trauma segment market is expected to cover the largest share of fixed and mobile C-arms owing to better treatment results and reduced risks.
Additionally, the deployment of such devices assists in cost reduction in procedures related to radiography.
The recent market trends show vendors are focusing on manufacturing a C-arm with the geometry that can be extensively used in a number of patient cases, along with minimizing the space it actually takes up in the OR.
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For the purpose of this report, Reports and Data has segmented the Fixed & Mobile C-arms market on the basis of device type, application type, end use, and region:
Device Type (Revenue, USD Million; 2016–2026)
Fixed C-arms,
Mobile C-arms,
Full size C-arms,
Mini C-arms
Others
Application Type (Revenue, USD Million; 2016–2026)
Gastroenterology,
Pain Management,
Orthopedics & Trauma,
Neurosurgery,
Cardiovascular
Others
End Use (Revenue, USD Million; 2016–2026)
Academic Research Institutes
Hospitals
Clinic
Nursing Homes
Others
Key findings in the report:
Information about key trends, technological developments, growing focus on drug discovery and investments in research and development activities
Detailed insights about manufactures, product portfolios, pricing analysis and financial pricing
Technological developments and detailed analysis in the volatile competitive landscape.
New strategies adopted by new and emerging market players
Estimation about manufactures, sales and import and export dynamics
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