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Fluoroscopy Equipment Market: Growth Indicators, Key Players, and Market Forecast
Increasing Use and Advancements in Fluoroscopy Equipment Drive Market Growth Towards $8.57 Billion by 2029What Is The Projected Market Size Of The Global Fluoroscopy Equipment Market And Its Growth Rate?
The global fluoroscopy equipment market has seen remarkable growth in recent years. Some key statistics are:
•The market is expected to grow from $6.49 billion in 2024 to $6.84 billion in 2025, showing a compound annual growth rate (CAGR) of 5.4%.
•A rise in minimally invasive procedures, a growing geriatric population, and the expansion of applications in medical diagnosis, along with diagnostic advancements and an increased incidence of chronic diseases, contribute to the market's growth.
•The fluoroscopy equipment market is projected to see strong expansion in the next few years, reaching $8.57 billion in 2029 at a CAGR of 5.8%.
•The growth is due to the rapid development of ambulatory surgical centers, expansion of cardiovascular interventions, a focus on reducing radiation doses, integrating other imaging modalities, and an increasing interest in hybrid operating rooms.
What Is Driving The Growth In The Fluoroscopy Equipment Market?
The continual increase of chronic diseases worldwide propels the fluoroscopy equipment market's expansion. Chronic diseases, lasting a year or more, require continual medical attention and often limit daily activities. When fluoroscopy equipment is used for contrast administration, it can assess patients functionally and anatomically in real time while minimizing their exposure to radiation. The National Center for Biotechnology Information (NCBI), a branch of the US national library of medicine, projected that by 2050, the number of individuals aged 50 and older with at least one chronic illness will rise to 142.66 million. This number represents a 99.5% increase from 71.522 million in 2020. As a result, the increasing prevalence of chronic diseases fuels the growth of the fluoroscopy equipment market.
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Who Are the Key Players Driving Fluoroscopy Equipment Market Growth?
Prominent companies in the fluoroscopy equipment market include:
•Hitachi Medical Corporation
•Thermo Fisher Scientific Inc.
•Siemens Healthineers
•Fujifilm Holdings Corporation
•Koninklijke Philips N.V.
•GE HealthCare 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.
What Are The Key Trends In The Fluoroscopy Equipment Market?
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
What Are The Segments Of The Global Fluoroscopy Equipment Market?
The global fluoroscopy equipment market is segmented by:
1) Product: Fixed Fluoroscopy Equipment, Mobile C-Arms, Fixed C-Arms
2) Application: Diagnostic, Surgical, Other Applications
3) End-User: Hospitals, Diagnostic Centers, Other End-Users
Which Region Leads The Fluoroscopy Equipment Market?
In 2024, North America was the largest region in the fluoroscopy equipment market. The fastest-growing region in the forecast period is expected to be Asia-Pacific. The report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Fluoroscopy Equipment Market Global Market Report?
- Market Size Analysis: Analyze the Fluoroscopy Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Fluoroscopy Equipment 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 Fluoroscopy Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Fluoroscopy Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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