Press release
Intraoperative Imaging Market Expected to Reach $3.8 Billion by 2031
Intraoperative imaging market size was valued at $2.0 billion in 2021, and is estimated to reach $3.8 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031. Intraoperative phase is defined as the phase of surgery, which is considered from the admission of patient into operation theatre to completion of surgical procedure. This technology is gaining high traction in the market as a critical tool for precise and effective surgeries. It helps to improve surgical outcome and enhances the workflow and efficiencies for healthcare personnel.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/1031
๐๐ผ๐๐ถ๐ฑ-๐ญ๐ต ๐ฆ๐ฐ๐ฒ๐ป๐ฎ๐ฟ๐ถ๐ผ:
The COVID-19 outbreak is anticipated to have a negative impact on growth of the global intraoperative imaging market. During the COVID-19 pandemic period, stringent regulations were implemented by local and national governments on the delivery of products from companies. This, in turn, led to disruption in the supply chain, thus increasing the demand-supply gap. In addition, many challenges were faced by key players in manufacturing intraoperative imaging devices, thereby hampering the growth of the market. Moreover, cancellations of non-emergency surgeries during the pandemic affect the growth of intraoperative device market. According to the report published by the British Journal of Surgery, it was reported that approximately 28.4 million elected surgeries estimated to be canceled in 2020 across the globe. According to the report shared by the National Library Medicine in July 2020, after excluding emergency surgical procedures, it was estimated that about 30,000 primary and 3,000 revision knee and hip replacement arthroplasty procedures were canceled each week in the U.S. Thus, the pandemic adversely affected organ donation and organ transplantation surgeries, which, in turn, decreased the number of these surgeries. This eventually negatively impacted the intraoperative imaging market.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/1031
Moreover, according to the Journal of JAMA Network Open, in 2021, about 32% of surgical procedure in the U.S. were reported to have conducted in patients aged more than 65 years. Thus, increase in number of surgical procedure further surges the need for intraoperative devices. The global intraoperative imaging market is segmented into type and region.
On the basis of type, the market is fragmented into intraoperative ultrasound, intraoperative CT, intraoperative MRI, and others. The others segment dominated the market in 2021, and is expected to continue this trend during the forecast period, owing to increase in the use of intraoperative X-ray and mobile C-arm in surgical procedures.
North America accounted for a majority of the share in 2021, and is anticipated to remain dominant during the forecast period. This is attributed to advancements in technology in the medical device sector and rise in number of product approvals in the region. However, Asia-Pacific is expected to register highest CAGR of 7.4% from 2022 to 2031, owing to increase in number of surgical procedures, rise in geriatric population, and surge in prevalence of chronic diseases.
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By type, the others segment was the highest contributor to the market in 2020.
Region wise, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
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