ntraoperative Imaging Market Industry Forecast till 2025

Intraoperative imaging (IOI) system is a real-time modality, which is used in operating room, enabling surgeons to view body parts more deeply during surgery. It has wide application in minimally invasive surgeries including orthopedic surgery, neurosurgery, interventional neurovascular procedures, repairing congenital abnormalities, removal of traumatic blood clots, and aneurysm surgery. Minimally invasive surgery has advantages over conventional surgeries in terms of small incision, rapid wound healing, shorter hospital stays, and less number of surgical wounds.

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Intraoperative imaging coupled with minimally invasive surgery provides real-time imaging, which helps surgeons to treat precise area of interest. Intraoperative imaging helps to make better decision and increases safety while performing complex surgery, such as accurate implantation and complete tumor removal. IOI provides high quality imaging in a comprehensive range of clinical procedure, hence, IOT assesses more precise real-time monitoring and control of surgical procedures, which is in turn anticipated to fuel the growth of intraoperative imaging market over the forecast period.

According to American Brain Tumor Association, 2017, approximately 700,000 people are suffering from primary brain tumors and central nervous system tumor in the U.S. The data represent rising cases of brain tumors and growing need of surgeries as a treatment option, which is a major driving factor for the growth of intraoperative imaging market.

The global Intraoperative imaging market was valued at US$ 1.53 Billion in 2016 and is expected to witness a CAGR of 4.7% during the forecast period (2017 – 2025).

Increasing prevalence of brain tumors and the growing need for surgery as a treatment option is expected to fuel the growth of intraoperative imaging market.

According to the Cancer Research U.K, in 2014, approximately 10,981 new cases of brain tumors, CNS, and intracranial tumors were estimated. As per Cancer Research U.K, the incidence of brain tumors is projected to rise up by 6% in between 2014 and 2035, thereby accounting for 22 cases per 100,000 people in the U.K. Moreover, according to the National Brain Tumor Society, in 2017, around 550,042 cases of benign tumors and approximately 138,054 cases of malignant tumors are estimated in the U.S. As per the National Brain Tumor Society, in 2017, around 28,000 children aged 0 to 19 years are expected to be diagnosed with the brain tumor and approximately 4,830 new cases of primary malignant and non-malignant brain and CNS tumors are expected to be diagnosed in the U.S. The data represent rising prevalence of brain tumor indicating need of surgery as treatment option, in turn contributing to the growth of the intraoperative imaging market over the forecast period.

Introduction of new advanced technology in order to develop new strategies in the treatment

Manufacturers are focusing on innovation and new launches to tap emerging markets. For instance, in October 2017, ZEISS launched new technologies to enhance ophthalmic care, named - OPMI LUMERA 700, AT LARA next-generation Extended Depth of Focus (EDoF) intraocular lens (IOL), and CLARUS 500 ultra-widefield imaging system. ZEISS offers and integrated portfolio for ophthalmic diagnostic and surgical solution to provide more effective and efficient advanced technology for better outcomes for the patients.

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Furthermore, in May 2017, Colorado State University’s Flint Animal Cancer Center and Synaptive Medical Inc. have collaborated in the development of an intraoperative imaging and sensing technology. Flint and Synaptive intent to establish technology, which is expected to help in more precise detection of brain tumors and the development of new strategies in treatment. This is expected to propel the growth of the intraoperative imaging market over the forecast period.

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This release was published on openPR.