Press release
Global Image Guided Surgery Devices Market: Market Size, 10.3% CAGR (2024-2025), 12.7% CAGR (2025-2029), Current and Future Trends
Global Image Guided Surgery Devices Market
What Is The Projected Market Size Of The Global Image Guided Surgery Devices Market And Its Growth Rate?
The Image Guided Surgery Devices Market has shown notable growth in recent years and this trend is expected to continue. Key market details include:
• 2024 Market Size: $8.87 billion
• 2025 Market Size: $9.78 billion (10.3% CAGR)
• 2029 Market Size: $15.78 billion (12.7% CAGR)
This growth can be associated to increasing awareness among healthcare professionals, healthcare infrastructure development, and ongoing market expansion in emerging economies.
What Is Driving The Growth In The Image Guided Surgery Devices Market?
The surge in neurological disorders is propelling the growth of the image guided surgery devices market. These devices, by virtue of minimizing invasive surgery, are increasingly being used to treat neurological conditions such as brain tumors or for conducting brain biopsies. According to the European Academy of Neurology, 1 in 3 people are affected by a neurological disease at some point in their life, further stating that related fatalities have increased by nearly 40% over the past three decades. This rising rate of neurological disorders is positively impacting the expansion of the image guided surgery devices market.
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Who Are the Key Players Driving Image Guided Surgery Devices Market Growth?
Key companies in the image guided surgery devices market include:
• General Electric Company
• Medtronic Plc
• Olympus Corporation
• Siemens Healthineers
• Koninklijke Philips N.V.
• Brainlab AG
• Stryker Corporation
• Varian Medical Systems Inc.
What Are The Key Trends In The Image Guided Surgery Devices Market?
Key trends driving the market include:
• Continued technological innovations
• Integration with artificial intelligence
• Technological advancements
• Global market expansion
• Rising adoption of robotics.
What Are The Segments Of The Global Image Guided Surgery Devices Market?
Market segments include:
• 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
Which Region Leads The Image Guided Surgery Devices Market?
In 2024, the North America region led the global Image Guided Surgery Devices Market. The market report encompasses Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Image Guided Surgery Devices Market Global Market Report?
- Market Size Analysis: Analyze the Image Guided Surgery Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Image Guided Surgery Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Image Guided Surgery Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Image Guided Surgery Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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