What is Surgical Imaging Market?
Surgical imaging systems are designed to meet the workflow demands of the surgical environment. These systems used for diagnosis, planning, intraoperative navigation and post-operative evaluation. It includes magnetic resonance imaging (MRI), computed tomography (CT), MR therapy (MRT), fluoroscopy and ultrasound. The factors such as an increased number of surgeries performed around the globe, rise in the surgical centers and advancements in the surgical imaging systems are the key factors responsible for surgical imaging market growth. The high cost of surgical imaging systems may restrain market growth.
The market study is being classified by Type (X-ray, MRI and Others), by Application (Orthopedic and Trauma Surgeries, Neurosurgeries, Cardiovascular Surgeries, Gastrointestinal Surgeries and Other Applications) and major geographies with country level break-up.
GE Healthcare (United States), Koninklijke Philips N.V. (Netherlands), Siemens AG (Germany), Ziehm Imaging GmbH (Germany), Hologic, Inc. (United States), Shimadzu Corporation (Japan), OrthoScan, Inc. (United States), Medtronic plc (United States), Toshiba Medical Systems Corporation (Japan), GENORAY Co., Ltd. (South Korea) and Eurocolumbus s.r.l. (Italy) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Allengers Medical Systems Ltd. (India) and Koninklijke Philips N.V..
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Surgical Imaging market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Surgical Imaging market by Type, Application and Region.
On the basis of geography, the market of Surgical Imaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Number of Surgeries Performed Worldwide
- Rise in the Number of Surgical Centres and Hospitals
- Advancements in the Surgical Imaging Systems
Market Trend
- High Demand for Minimally Invasive Procedures
Restraints
- High Cost of the Surgical Imaging Systems
Opportunities
- Growth in the Geriatric Population Worldwide
- Rise in the Healthcare Infrastructure in Developing Regions
- Increasing Demand for Data-Integrated Imaging Systems
Challenges
- Stringent Approval Procedures in Some Regions
In August 2020, Royal Philips, a global leader in health technology, has announced that it has signed an agreement to acquire Intact Vascular, Inc., a U.S.-based developer of medical devices for minimally-invasive peripheral vascular procedures.
Key Target Audience
Surgical Imaging System Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users