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Image Guided Surgery Devices Market Size, Global Insights, Competitive Landscape, Upcoming Trends, Exciting Business Opportunities And Future Predictions 2032 || GE Healthcare, Medtronic Plc., Olympus Corporation, Siemens Healthineers
Image Guided Surgery Devices Market
Image Guided Surgery Devices Market Size, Growth Rate, And Forecast
The global image guided surgery devices market size is expected to grow from $7.47 billion in 2022 to $8.23 billion in 2023 at a compound annual growth rate (CAGR) of 10.25%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global image guided surgery devices market size is expected to reach $12.53 billion in 2027 at a CAGR of 11.07%.
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Image Guided Surgery Devices Market Drivers
Rising neurological disorders are expected to propel the growth of the image guided surgery devices market going forward. Neurological disorders are disorders and diseases that affect the central and peripheral nervous systems. Image-guided surgery devices are used to perform minimally invasive surgeries to treat neurological conditions such as brain tumors or to conduct brain biopsies. For instance, in May 2022, according to the European Academy of Neurology, an Austria-based non-profit medical society, 1 in 3 people affected by a neurological disease at some point in their life and the number of deaths by neurological conditions has increased by almost 40% in the last 30 years. Furthermore, in January 2022, according to the American Heart Association, a US-based non-profit organization that funds cardiovascular medical research, in 2020 stroke and Alzheimer's (a neurological disorder that involves irreversible worsening changes in the ability to think and remember) were two of the leading causes of death in the USA. Therefore, rising neurological disorders are driving the growth of the image guided surgery devices market.
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Image Guided Surgery Devices Market Segments
• By Product: Image Guided Surgery Devices, Image Guided Surgery Software
• By Device Type: CT, Ultrasound, MRI, X-Ray, Fluoroscopy, Endoscopes, PET, SPECT,
• By Application: Cardiac Surgery, Neurosurgery, Orthopedic Surgery, Urology, Oncology Surgery, Gastroenterology, Other Applications
• By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Research And Academic Institutions
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the image guided surgery devices market.
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Image Guided Surgery Devices Market Key Players
Major competitors in the image guided surgery devices market are GE Healthcare, Medtronic Plc., Olympus Corporation, Siemens Healthineers, Koninklijke Philips N.V., Brainlab AG, Karl Storz Gmbh & Co. KG, Stryker Corporation, Varian Medical Systems Inc.
The Business Research Company's "Global Image Guided Surgery Devices Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Image Guided Surgery Devices Market Include:
1. Executive Summary
2. Image Guided Surgery Devices Market Characteristics
3. Image Guided Surgery Devices Market Trends And Strategies
4. Image Guided Surgery Devices Market - Macro Economic Scenario
5. Image Guided Surgery Devices Market Size And Growth
………………
27. Image Guided Surgery Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Image Guided Surgery Devices Market
29. Image Guided Surgery Devices Market Future Outlook and Potential Analysis
30. Appendix
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