We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress
Sign In
Advertise with Us

Download Mobile App




Events

ATTENTION: Due to the COVID-19 PANDEMIC, many events are being rescheduled for a later date, converted into virtual venues, or altogether cancelled. Please check with the event organizer or website prior to planning for any forthcoming event.

Global Fluoroscopy Equipment Market to Top USD3.5 Billion by 2031 Due to Demand for Multipurpose Imaging Tools

By MedImaging International staff writers
Posted on 29 Nov 2021
Print article
Illustration
Illustration

The global fluoroscopy equipment market is projected to grow at a CAGR of 6% from an estimated USD 1.9 billion in 2021 to surpass USD 3.5 billion by the end of 2031, driven by surging applications of fluoroscopy equipment across various medical fields such as cardiology, nephrology, urology, and others.

These are the latest findings of Fact.MR (Rockville, MD, USA), a market research and competitive intelligence provider.

Increasing adoption of multipurpose medical imaging tools such as fluoroscopy systems for real-time diagnosis, injury assessment, and during surgical procedures such as gastrointestinal, cardiovascular, and neurosurgeries is favoring the demand. Fluoroscopy equipment application is increasing across a wide range of interventional radiological procedures and treatment of conditions such as pulmonary embolism, abdominal aortic aneurysms, deep vein thrombosis, and others. In addition to this, increasing use of radiographic fluoroscopy in pain management and radiation therapy for cancer treatment is anticipated to create attractive growth opportunities for the fluoroscopy equipment market.

The growing incidence of chronic diseases and rising consumer preference for minimally invasive surgeries across most parts of the world are propelling the demand for fluoroscopy devices. The increasing use of fluoroscopy equipment in image-guided cardiovascular surgeries and the growing burden of cardiovascular diseases across the world are driving sales across the cardiology segment. However, the high risk of complications such as underlying tissue injuries and radiation-induced skin during radiographic fluoroscopy procedures is hampering the demand for fluoroscopy equipment. Moreover, the increasing inclination towards non-radiation imaging modalities such as ultrasound is a primary factor hindering the sales of fluoroscopy equipment.

On the basis on product type, the C-arms systems segment is estimated to account for nearly 40% of the global fluoroscopy equipment market and record a 1.7X sales growth through 2031. The increasing use of C-arms systems in discography, angiography, and image-guided surgeries is primarily driving the segment’s growth. The market for conventional fluoroscopy systems is also expected to grow at a CAGR of over 4% during the forecast period. Remote-controlled fluoroscopy systems market will also witness significant growth.

Leading players are focusing on product development initiatives to launch novel systems with integrated innovative tools to gain a competitive advantage. Strategic collaborations, partnerships, merger, and are some of the most adopted strategies in the industry. Geographically, the US is estimated to witness the fastest growth in the North American fluoroscopy equipment market, expanding by 1.5X over the assessment period. Germany is projected to emerge as one of the highly remunerative markets in Europe, creating absolute dollar opportunity of more than USD 400 million by 2031. Japan is forecasted to account for a high share of the Asia Pacific market for fluoroscopy equipment and grow at a CAGR of 3% through 2031. China is anticipated to emerge as one of the highly lucrative markets for fluoroscopy equipment, backed by the government’s push to the expansion and modernization of healthcare infrastructure.

Related Links:
Fact.MR 

Gold Supplier
Ultrasound Transducer/Probe Cleaner
Transeptic Cleaning Solution
New
Data Management Platform
Track-it
Motorized DR System I-Arm
Alizé BRS
Digital Radiographic System
Vieworks VIVIX-S

Print article
Radcal

Channels

MRI

view channel
Image: MRI scan showing the fetus and placental compartments (Photo courtesy of WUSTL)

New MRI Method Automatically Detects Placental Health during Pregnancy

Early monitoring of the placenta can improve detection and prevention of pregnancy complications, such as preterm birth, fetal growth disorders and preeclampsia. Currently, standard MRI analysis methods... Read more

Ultrasound

view channel
Image: The new Clarius MSK AI model speeds up diagnosis and treatment of musculoskeletal injuries (Photo courtesy of Clarius)

Handheld MSK Ultrasound Scanner Uses AI to Automatically Identify and Measure Tendons in Foot, Ankle and Knee

An artificial intelligence (AI) application for musculoskeletal (MSK) imaging that works with handheld point-of-care ultrasound devices automatically identifies, highlights, and measures tendon structures... Read more

Nuclear Medicine

view channel
Image: Tracking radiation treatment in real time promises safer, more effective cancer therapy (Photo courtesy of Pexels)

Real-Time 3D Imaging Provides First-of-Its-Kind View of X-Rays Hitting Inside Body During Radiation Therapy

Radiation is used in treatment for hundreds of thousands of cancer patients each year, bombarding an area of the body with high energy waves and particles, usually X-rays. The radiation can kill cancer... Read more

General/Advanced Imaging

view channel
Image: CZT gamma detector for SPECT imaging (Photo courtesy of Kromek)

Low-Dose Molecular Breast Imaging (MBI) Could Improve Cancer Detection in Dense Breast Tissue

Traditional mammography is often less able to clearly image tumors due to the density of the breast tissue. Molecular breast imaging (MBI) technology uses a radioactive tracer that ‘lights up’ areas of... Read more

Imaging IT

view channel
Image: The new Medical Imaging Suite makes healthcare imaging data more accessible, interoperable and useful (Photo courtesy of Google Cloud)

New Google Cloud Medical Imaging Suite Makes Imaging Healthcare Data More Accessible

Medical imaging is a critical tool used to diagnose patients, and there are billions of medical images scanned globally each year. Imaging data accounts for about 90% of all healthcare data1 and, until... Read more
Copyright © 2000-2023 Globetech Media. All rights reserved.