Fluoroscopy Equipment Global Market Demand Analysis, Manufacturers Share, Regions, Risk Analysis, Driving Forces and Application, Forecast To 2033

The fluoroscopy equipment market size has grown strongly in recent years. It will grow from $6.27 billion in 2023 to $6.67 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to rise in minimally invasive procedures, growing geriatric population, expanding applications in medical diagnosis, diagnostic advancements, increased incidence of chronic diseases.

The fluoroscopy equipment market size is expected to see steady growth in the next few years. It will grow to $8.08 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to rapid growth of ambulatory surgical centers, expansion of cardiovascular interventions, focus on radiation dose reduction, increasing popularity of hybrid operating rooms, integration with other imaging modalities. Major trends in the forecast period include technological innovations in imaging, advancements in imaging technology, remote guidance and collaboration, enhanced data integration and analytics, focus on ergonomics and user experience.

Market Overview -
Fluoroscopy equipment refers to the equipment used in the fluoroscopy medical process, which involves the slow passage of X-rays through the body over some time to create a real-time video of the motions inside a particular portion of the body. Fluoroscopy can be used to diagnose medical conditions and applied in orthopedic surgery or to direct procedures like implant placement or injections.

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Chronic Disease Surge Drives Fluoroscopy Equipment Market Expansion
The increasing prevalence of chronic diseases is expected to propel the growth of the fluoroscopy equipment market going forward. Chronic diseases are problems that last a year or longer, necessitating continuing medical care, restricting everyday activities, or both. Fluoroscopy equipment provides a functional and anatomic assessment of patients in real time while minimizing radiation exposure to patients when accompanied by contrast administration. For instance, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based national library of medicine, it was projected that by the year 2050, the number of individuals aged 50 years and older who have at least one chronic illness will increase to 142.66 million by 99.5%, from 71.522 million in 2020. Therefore, the increasing prevalence of chronic diseases is driving the growth of the fluoroscopy equipment market.

Competitive Landscape -
Major companies operating in the fluoroscopy equipment market report are Hitachi Medical Corporation, Thermo Fisher Scientific Inc., Medtronic Plc., Siemens Healthineers, Fujifilm Holdings Corporation, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Agilent Technologies Inc., Terumo Corporation, Hologic Inc., Varian Medical Systems Inc., Mindray Medical International Limited, Shimadzu Corporation, Agfa-Gevaert N.V., Lepu Medical Tech Co. Ltd., Carestream Health Inc., Varex Imaging Corporation, Canon Medical Systems Corporation, Ziehm Imaging GmbH, Allengers Medical Systems Limited, Orthoscan Inc., Xoran Technologies LLC, Toshiba Medical Systems Corporation, Adani Systems Inc., Trisonics Inc.

Innovative Products In Fluoroscopy Equipment Market
Product innovation is a key trend gaining popularity in the fluoroscopy equipment market. Major companies operating in the fluoroscopy equipment market are developing innovative products to sustain their position in the market. For instance, in July 2022, Fujifilm Healthcare Americas Corporation, a US-based manufacturer of diagnostic and business imaging solutions, launched the FDR Cross, the world's first two-in-one fluoroscopy and digital radiography system. It is the cutting-edge portable X-ray and hybrid C-arm solution for medical facilities and ambulatory surgery centers (ASC). The dual-function C-arm is the first to provide mobile radiography and fluoroscopic imaging on a single platform, eliminating the need to bring additional imaging equipment for necessary image-guided procedures.

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Key Segments -
The fluoroscopy equipment market covered in this report is segmented -
1) By Product: Fixed Fluoroscopy Equipment, Mobile C-Arms, Fixed C-Arms
2) By Application: Diagnostic, Surgical, Other Applications
3) By End-User: Hospitals, Diagnostic Centers, Other End-Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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