Press release
Market for Fluoroscopy Equipment Is Expected to Expand at 6% CAGR by 2031
In 2020, the market for fluoroscopy equipment was valued at about US$ 1.9 billion, or about 9% of the total market for medical imaging systems.The global market for fluoroscopy equipment was estimated by Fact.MR, a supplier of market research and competitive intelligence, to be worth US$ 1.9 Bn in 2020.
The emergence of new technologies such as 3D printing, wearables, artificial intelligence, and the Internet of Things will have an impact on the market for fluoroscopy equipment. The development of numerous medical devices as well as distant radiography equipment has been significantly influenced by such technologies, and fluoroscopy equipment is no exception. The market is expected to be driven by increasing usage of radiographic fluoroscopy in pain management, expanding popularity of multipurpose imaging equipment, and rising acceptance of digital imaging.
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The readability score of the Fluoroscopy Equipment Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Fluoroscopy Equipment outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Silage Covers along with key stakeholders as well as emerging players associated with the manufacturing of product.
Competitive Landscape:
The market for fluoroscopy equipment appears to be focused and competitive due to the presence of prominent market players. Several growth strategies have been observed, including penetration into untapped regions, strategic partnerships and collaborations, and intensive product development initiatives.
Product innovations and upgrades in existing product lines are used by top companies in the fluoroscopy equipment market to gain a competitive advantage.
Recently conducted research reveals that manufacturers are integrating innovative tools including Microsoft's HoloLens and Google Glass in the wearable visual-overlay devices, which enables the end user to retrieve information for image-guided intervention.
Key Segments Covered in Fluoroscopy Equipment Industry Research:
• Product Type
o Remote-Controlled Fluoroscopy Systems
o Conventional Fluoroscopy Systems
o C-Arms Systems
o Others
FPD Fluoroscopes
Mobile C-Arms
Full Size C-Arm
Mobile Mini C-Arms
• Application
o In Cardiology
o In Urology and Nephrology
o In Neurovascular
o In Orthopedic & Trauma Surgeries
o In Neurosurgeries
o In Cardiovascular Surgeries
o In Gastrointestinal Surgeries
• End User
o Hospitals
o Diagnostic Centers
o Others
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Which are the Prominent Factors Fueling Market Growth for Fluoroscopy Equipment?
Application and adoption of fluoroscopy equipment extend beyond the healthcare industry. Fluoroscopy equipment also witnesses considerable demand in the airports to scan for hidden bombs and weapons. Medical imaging results can be viewed almost instantly using remote radiography.
Relatively lower doses of radiation as compared to the medical devices, which have a relatively low impact on the food products, and gadgets scanned, continue to drive fluoroscopy equipment sales, thereby impacting the expansion of the fluoroscopy systems market.
There has been a strong emphasis on quality in terms of manufacturing, design, and distribution among players in the market. While top manufacturers of FPD fluoroscopes are striving to pace with the level of quality, one marker of this gap is also due to the inspections conducted by the Food and Drugs Administration (FDA).
Steady pace of non-compliance suggests that the market players continue to struggle in order to match the regulatory standards.
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