Global Surgical Imaging Market gives a proper guidance and information toward focused changing advancement. Also, the report is estimated from future scopes, market industry point of view on various elements driving or limiting industry development.
Dallas, United States – May 16, 2018 —
The surgical imaging market is projected to grow, at a CAGR of 5.5% during the forecast period. Surgical imaging is used in image-guided surgery (IGS) is any surgical procedure where the surgeon uses tracked surgical instruments in conjunction with preoperative or intraoperative images in order to directly or indirectly guide the procedure.
Allengers Medical Systems, Eurocolumbus, GE Healthcare (A Subsidiary of General Electric Company), Genoray, Hologic, Koninklijke Philips, Medtronic, Orthoscan, Shimadzu Corporation, Siemens, Toshiba Medical Systems Corporation (Acquired By Canon) and Ziehm Imaging amongst others.
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Increasing Demand for Minimally Invasive Procedures:
Minimally invasive surgeries (MIS) have been reported to cause less post-operative pain and hence receive smaller dosages of pain killers. As there are no cuts or stiches involved, the hospital stay is relatively shorter and also patients need not visit hospital very frequently. Traditional open surgeries involve long incisions that have to be made through muscle, and these muscles take significant time to heal whereas MIS procedures involve smaller incisions leading to quicker recovery, also the body scars involved in MIS are barely noticeable. The prime advantage MIS has over traditional open surgeries is higher precision due to video-assisted equipment involved which generate a better and magnified images of the organs or body parts being operated and also wider acceptance rate in old adult population due to relatively shorter recovery time. This will boost the surgical imaging market. Increasing reimbursement cuts on analog radiography systems will further drive this market.
Stringent Regulatory Policies:
Regulatory requirements pose another hurdle to translational research and clinical investigations. In Europe, all medical devices, including diagnostic equipment and surgery devices undergo regulatory oversight by FDA. Medical devices face additional scrutiny and undergo unique regulatory and approval pathways. Sometimes, the testing poses financial burden for the investigators. Along with this other factors such as high cost of equipment is expected to act as a restraint for the growth of the market.
North America to Maintain Lead in the Market:
North American segment is expected to account for the largest share of the market in 2017. The large share of this region can be attributed to a rising number of overuse sports injuries, and rising prevalence of CVD, along with the increasing number of cardiac arrest cases, and increase in the number of minimally invasive procedures performed in Canada.
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Reasons to Purchase the Report:
• Current and future surgical imaging market outlook in the developed and emerging markets
• Analysis of various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3 months analyst support, along with the Market Estimate sheet (in Excel)
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Table of Content:
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
5.1 Current Market Scenario
5.2 Porter’s Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry Within the Industry
6. Market Dynamics
6.1 Market Drivers
6.1.1 Reimbursement Cuts on Analog Radiography Systems
6.1.2 Increasing Demand for Minimally Invasive Procedures
6.2 Market Restraints
6.2.1 Stringent regulatory Policies
6.2.2 High Cost of Instruments
6.4 Key Challenges
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7. Market Segmentation
7.1 By Technology
7.1.1 Image Intensifier C-Arms
7.1.2 Flat Panel Detector C-Arms (FPD C-Arms)
7.2 By Application
7.2.1 Orthopedic and Trauma Surgeries
7.2.3 Cardiovascular Surgeries
7.2.4 Gastrointestinal Surgeries
7.2.5 Other Applications
7.3 By Geography
7.3.1 North America
18.104.22.168 United States
22.214.171.124 United kingdom
126.96.36.199 Rest of Europe
188.8.131.52 Australia & New Zealand
184.108.40.206 South korea
220.127.116.11 Rest of Asia-Pacific
7.3.4 Rest of World
18.104.22.168 Saudi Arabia
8. Competitive Landscape
8.1 Mergers & Acquisition Analysis
8.2 Agreements, Collaborations, and Partnerships
8.3 New Products Launches
9. Key Players
9.1 Allengers Medical Systems
9.3 GE Healthcare (A Subsidiary of General Electric Company)
9.6 Koninklijke Philips
9.9 Shimadzu Corporation
9.11 Toshiba Medical Systems Corporation (Acquired By Canon)
9.12 Ziehm Imaging
*List not Exhaustive
10. Future of the Market
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