Fluoroscopy Equipment Market, By Product (Fixed C-Arms, Fluoroscopy Systems, and Mobile C-Arms), By Application (Orthopaedic, Cardiology, Urology & Nephrology, and Gastroenterology), By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Trends, Analysis, and Forecast Till 2029

Report Code: PMI458320 | Publish Date: May 2023 | No. of Pages: 147

Global Fluoroscopy Equipment Market Overview

The increasing proliferation of advanced technologies such as artificial intelligence, 3-D printing, and internet of things are having a significant impact on the growth of fluoroscopy equipment market. Also, the rapid advancement and development in medical equipment and devices is creating the rapid demand for fluoroscopy equipment. Fluoroscopy equipment is used in medical and clinical sector and it transforms and amplifies the glowing light into a video signal to produce real-time images. In past few years, the integration of latest technologies and continuous innovations in the medical imaging technologies is creating the huge demand for fluoroscopy equipment and therefore, due to this factor, the fluoroscopy equipment market is expected to grow significantly in coming years. Also, the growing demand for multipurpose imaging systems in healthcare sector is supporting the growth of fluoroscopy equipment market. The global fluoroscopy equipment market accounted for US$ 5.2 billion in 2019 and is anticipated to register a CAGR of 6.8%.

Impact of COVID19 Pandemic on Market

At the starting of 2020, COVID-19 disease began to spread around the world; many more peoples are infected with COVID-19 disease, and major countries around the world send the orders to companies for employee prohibition and work stoppage. Every organization is prepared for the loss by this pandemic. Hence the fluoroscopy equipment also affected by the COVID-19 lockdown scenario, as multiple countries worldwide have been facing the challenge of dealing with the coronavirus outbreak and lockdown, more businesses, especially small businesses, have been working remotely.

Global Fluoroscopy Equipment Market Drivers & Restraints

The growing number of interventional radiology procedures which demands real-time imaging is driving the fluoroscopy market. Advantages of flat panel detector over image intensifiers, increasing number of orthopedic surgeries and angiography, as a consequence of sport injuries and growing geriatric population, rising popularity of multipurpose imaging systems, use of fluoroscopy in pain management, reimbursement cuts for analog radiography systems, increasing demand for minimally invasive procedures, and the rising prevalence of chronic diseases are likely to boost growth of the global fluoroscopy equipment market over the forecast period. The rapid adoption of hand-held fluoroscopes due to its efficient facilities is creating a lucrative opportunity for the manufacturers.  The introduction of fluoroscopes in the field of sports medicine is also expected to boost the market over the coming years.

However, risk of radiation related to exposure to radiographic imaging, is one of the key factors restraining the growth of global fluoroscopy equipment market.

Global Fluoroscopy Equipment Market Segmentations & Regional Insights

The global fluoroscopy equipment market is segmented based on the product, application and region. Base on the product, the global market is segmented into fixed c-arms, fluoroscopy systems, and mobile c-arms. The fluoroscopy systems are expected to dominate the market. Fluoroscopy systems are used in various procedures such as angiography and image-guided biopsy. In addition, increasing usage of fluoroscopes in areas such as non-destructive testing of medical devices is stimulating the market. They also provide better clarity and image stability. Depending upon application the target market is segmented into Orthopaedic, Cardiology, Urology & Nephrology, and Gastroenterology. Cardiology segment shows the Growing prevalence of cardiovascular diseases which led to a demand for highly efficient diagnostic imaging tools. Rising demand for the equipment to its compatible energy projects has further boosted the presence of the market.

Regional Insights

According to the region, market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the global leader of the market. The imposition of stringent regulations alongside favorable reimbursement policy remains the key factors driving the market in the region. The growing number of government initiatives aimed at promoting efficient treatment is positively influencing the market in a country like the U.S.

Detail Segmentation:

Attribute

Details

The base year for estimation

2019

Forecast Period

2019 - 2029

Market Representation

Revenue in USD Million & CAGR from 2019-2029

Market Segmentation

By Product - Fixed C-Arms, Fluoroscopy Systems, and Mobile C-arms

By Application - Orthopaedic, Cardiology, Urology & Nephrology, and Gastroenterology

By Region - North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Regional Scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered in the report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global fluoroscopy equipment market report based on product, application and region.

Global Fluoroscopy Equipment market, By Product

  • Fixed C-Arms
  • Fluoroscopy Systems
  • Mobile C-arms

Global Fluoroscopy Equipment market, By Application

  • Orthopaedic
  • Cardiology
  • Urology & Nephrology
  • Gastroenterology

Global Fluoroscopy Equipment market, By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Fluoroscopy Equipment Market Competitive Landscape & Key Players

The major key players operating in the market includes GE Healthcare, Siemens Health, Shimadzu Corporation, Hitachi Medical Systems, Philips Group, Agfa-Gevaert Group, Carestream Health Inc., Hologic Inc., Ziehm Imaging GmbH, Orthoscan Inc.

Global Fluoroscopy Equipment Market Company Profile

  • GE Healthcare
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategies
  • Siemens Health
  • Shimadzu Corporation
  • Hitachi Medical Systems
  • Philips Group
  • Agfa-Gevaert Group
  • Carestream Health Inc.
  • Hologic Inc.
  • Ziehm Imaging GmbH
  • Orthoscan Inc.

FAQs

The fluoroscopy equipment market accounted for US$ 5.2 billion in 2019 and is anticipated to register a CAGR of 6.8%.

The market report has been segmented on the basis of product, application, and region.

Emerging trends include the development of digital fluoroscopy systems, the integration of artificial intelligence for image analysis, and the expansion of applications in interventional radiology and minimally invasive procedures, presenting significant opportunities in the global Fluoroscopy Equipment Market.

Factors driving the market include the increasing demand for real-time imaging in medical procedures, advancements in fluoroscopy technology, the rising prevalence of chronic diseases requiring diagnostic and interventional procedures, and the growing adoption of fluoroscopy in orthopedic and cardiovascular applications.

The report covers regions worldwide. North America is expected to dominate the Fluoroscopy Equipment Market, driven by a well-established healthcare infrastructure, high procedural volumes, and significant investments in research and development in the region. Other influential regions include Europe and Asia-Pacific.

The prominent player operating in the global pharmaceutical membrane filtration technologies market includes GE Healthcare, Siemens Health, Shimadzu Corporation, Hitachi Medical Systems, Philips Group, Agfa-Gevaert Group, Carestream Health Inc., Hologic Inc., Ziehm Imaging GmbH, Orthoscan Inc.

The fluoroscopy equipment market accounted for US$ 5.2 billion in 2019 and is anticipated to register a CAGR of 6.8%

The market report has been segmented on the basis of product, application, and region.

Emerging trends include the development of digital fluoroscopy systems, the integration of artificial intelligence for image analysis, and the expansion of applications in interventional radiology and minimally invasive procedures, presenting significant opportunities in the global Fluoroscopy Equipment Market.

Factors driving the market include the increasing demand for real-time imaging in medical procedures, advancements in fluoroscopy technology, the rising prevalence of chronic diseases requiring diagnostic and interventional procedures, and the growing adoption of fluoroscopy in orthopedic and cardiovascular applications.

The report covers regions worldwide. North America is expected to dominate the Fluoroscopy Equipment Market, driven by a well-established healthcare infrastructure, high procedural volumes, and significant investments in research and development in the region. Other influential regions include Europe and Asia-Pacific.

The prominent player operating in the global pharmaceutical membrane filtration technologies market includes GE Healthcare, Siemens Health, Shimadzu Corporation, Hitachi Medical Systems, Philips Group, Agfa-Gevaert Group, Carestream Health Inc., Hologic Inc., Ziehm Imaging GmbH, Orthoscan Inc.