The Global Image-guided Therapy Systems Market size is expected to reach $5.5 billion by 2032, rising at a market growth of 6.7% CAGR during the forecast period

Report Overview
Image-Guided Therapy Systems Market size was valued at USD 4.35 Billion in 2022 and is projected to reach USD 6.86 Billion in 2030, and is expected to grow at a CAGR of 6.73% from 2023 to 2032. The sector is primarily driven by the increase in the elderly population, the preference for minimally invasive surgeries, and technological developments in imaging systems. The market is growing as a result of the rising prevalence of chronic diseases like cancer as well as the increase in efforts for cancer treatment. For instance, a global organisation for cancer research estimates that there will be around 19,292,789 new cases of cancer in 2020. In response to the COVID dilemma, the industry participants are concentrating on creating remote solutions, such as cloud-based training on virtual computers, to offer remote counselling and assistance to the patients. In order to give healthcare professionals access to online training for the Philips Ultrasound Affiniti system, Royal Philips and LeQuest teamed in November 2020. Postponing non-urgent surgical procedures has negatively impacted image-guided therapy procedures.

The market is anticipated to grow as a result of the growing elderly population and the incidence of chronic diseases. The demand for minimally invasive procedures and the development of image-guided therapy systems are driving market growth. The market for cancer radiation is growing thanks to a variety of programming. The introduction of new products by well-known corporations often helps to increase demand. The market is comprehensively evaluated in the study on the global market for image-guided therapy systems. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.

Global Image-Guided Therapy Systems Market Definition
Image-guided radiation therapy is a technique for directing radiation therapy using periodic two- and three-dimensional imaging and the imaging coordinates of the actual radiation treatment plan. picture-based therapy Systematic approaches can assist in reducing the invasiveness and precision of operations, leading to shorter hospital stays and fewer procedures.

Global Image-Guided Therapy Systems Market Overview
The quality of healthcare has increased, and mortality rates have decreased because to technology. Treatment of complicated diseases, particularly cancer, has benefited from the use of computational tools in conjunction with improvements in imaging techniques. Some of the most well-liked image-driven therapeutic systems on the market today include ultrasound, CT scan, and MRI. They are helpful in making sense of challenging circumstances. picture-based therapy Systematic approaches can assist in reducing the invasiveness and precision of operations, leading to shorter hospital stays and fewer procedures.

However, the key problems in image-guided therapy were all described as workflows, use cases, application requirements, product reusability, and device interface standards. The market is anticipated to expand because to the rising geriatric population and prevalence of chronic diseases. The desire for minimally invasive procedures and the development of image-guided therapy systems are driving the market's expansion. In the field of cancer radiation, numerous programmers are also driving the industry ahead.

In order to actualize this bright future, it is imperative that the industries create an environment that permits the introduction of these cutting-edge therapeutic techniques. To start, the sector must provide cutting-edge hardware and software that give doctors quick access to all pertinent data. To ensure that we are developing solutions that benefit patients, the sector must first work with healthcare providers to ensure that technology alone cannot produce the best results.

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Market Segmentations:
Global Image-guided Therapy Systems Market: By Types
Computed Tomography (CT) Scanners
Ultrasound Systems
Magnetic Resonance Imaging (MRI)
Endoscope
X-ray Fluoroscopy
Positron Emission Tomography (PET)
Single Photon Emission Computed Tomography (SPECT)

Global Image-guided Therapy Systems Market: By Applications
Cardiac Surgery
Neurosurgery
Orthopedic Surgery
Urology
Gastroenterology
Oncology Surgery
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Global Image-guided Therapy Systems Market: Top Key Players
Philips Healthcare
Siemens Healthineers
GE Healthcare
Fujifilm Holdings Corporation

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Medical devices are produced by IGT (Image Guided Therapy) for the treatment of cancer. The medical community has recently paid a lot of attention to emerging cancer therapeutic techniques based on local tumour ablation. Thermal ablation therapy, which works on the premise that the tumour is not removed but rather killed in place by raising the temperature within the tumorous tissues to a lethal threshold, is a very promising way for treating localised cancer. Patients tolerate thermal ablation procedures very well, and as a result, they stay in the hospital for a shorter period of time. In this scenario, also known as FUS or HIFU, IGT develops image-guided ablation devices that are non-invasive, patient-friendly, and based on focused ultrasound.

COVID-19 Impact Analysis
The ongoing research builds on the research methodology to guarantee that the core COVID-19 concerns and potential future opportunities are taken into account. The new research provides insights, analyses, predictions, and forecasts as it takes the market impact of COVID-19 into account. Due to its extraordinary public health emergency, COVID-19 will probably have a long-term impact on industrial growth over the predicted period. Continuous study expands the research methodology while ensuring that fundamental COVID-19 concerns and potential future directions are covered. This revised report includes insights, analyses, predictions, and forecasts that take into account the market impact of COVID-19.

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Image-guided Therapy Systems Market Report Highlights
• North America accounted for the largest revenue share in 2021 owing to the rising geriatric population and high per capita expenditure
• Based on product, the endoscopes segment accounted for the largest revenue share in 2021 owing to technological advancements, high volume of endoscope-guided surgeries, and rising preference for minimally invasive surgeries
• On the basis of application, cardiac surgery emerged as the largest application segment in 2021 owing to factors such as rising prevalence of target diseases, preference for minimally invasive cardiac surgeries, and R&D initiatives aimed at developing real-time cardiac intervention systems
• By end-use, the hospitals segment accounted for the largest revenue share in 2021 as the hospital settings are equipped with technologically advanced devices
• The ambulatory surgery centers segment is projected to expand at the fastest CAGR of 5.9% over the forecast period

Frequently Asked Questions About This Report
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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