Intraoperative Imaging Market is Projected to Grow at a 9.5% CAGR, Reaching US$ 2,829.7 Million by 2034 | Fact.MR Report

The worldwide intraoperative imaging market was valued at US$ 1,145.3 million in 2024 and is projected to grow at a 9.5% CAGR during the forecast period to reach a valuation of US$ 2,829.7 million in 2034.

Ongoing developments in imaging technology, including increased resolution, real-time imaging, and hybrid imaging system development, have driven the growth of the market.

The popularity of minimally invasive procedures, including laparoscopic and robotic surgery, raises the need for intraoperative imaging. Increased investments in healthcare infrastructure, especially in developing and emerging economies, accelerate the uptake of new medical technologies, including intraoperative imaging technology.

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Which Trends Are Driving the Intraoperative Imaging Market Growth?

"Rising Demand for Robotics-assisted Intraoperative Imaging"

Applying robots in intraoperative imaging systems is a key milestone towards enhanced surgical abilities. By ensuring accurate control and versatility for surgeons throughout treatments, robotics sets a new standard for minimally invasive procedures. State-of-the-art robotic technologies are sure to drive purchasing decisions because this trend makes market companies leaders in technological innovation and emphasize their commitment to providing tools that enable surgeons.

GE HealthCare introduced the bkActiv system in April 2023 for guiding urology, colorectal, and pelvic floor procedures. The flagship intraoperative ultrasound imaging system was developed by BK Medical, which is a company within GE HealthCare. The bkActiv system has been developed to offer surgeons high-performance ultrasound guidance while ensuring an easy, intuitive user interface.

Country-wise Insights

The intraoperative imaging market in North America is expected to undergo major growth, with the intraoperative imaging market in the US taking the lead at a 9.1% CAGR until 2034. Estimates also hold that China is expected to dominate the intraoperative imaging market in East Asia with a 12.7% CAGR until 2034.

The demand for intraoperative imaging in the United States is expected to rise at a 9.1% CAGR through 2034. Patient choice and experience are becoming increasingly important as healthcare consumerism grows in the United States. By implementing intraoperative imaging technology, healthcare providers can take advantage of these advancements to gain a competitive edge.

The intraoperative imaging market growth in China is projected at a 12.7% CAGR through 2034. The rising prevalence of chronic illnesses, including cancer and cardiovascular disease, in China highlights the necessity for cutting-edge medical therapies.

Category-wise Insights

The rising deployment of robotic-assisted surgical systems has coincided with the demand for intraoperative imaging systems. These systems tend to connect smoothly with robotic platforms, offering real-time image assistance during robot-assisted treatments.

As robotic surgery becomes increasingly popular due to its precision and minimally invasive nature, the demand for intraoperative imaging systems as a vital part of such setups rises enormously in the healthcare sector.

Competitive Landscape

The primary players in the intraoperative imaging industry are E Healthcare, Siemens Healthineers, Philips Healthcare, Medtronic plc, Canon Medical Systems Corporation, Ziehm Imaging, Brainlab AG, Koninklijke Philips N.V., IMRIS, Deerfield Imaging, and Shimadzu Corporation.

The industry is extremely competitive, with a number of large players competing for domination and favorable positioning. An energetic marketplace is driven by large multinational corporations, energetic start-ups, and established companies that offer much emphasis to research and development.

Technology innovations and the growing requirement for accurate surgical interventions are fueling a steady tide of new entrants into the market. The leading competitors in the intraoperative imaging market employ aggressive strategies like strategic alliances, partnerships, and mergers and acquisitions to expand their geographic location and product line.

Recent Developments

Stryker, a leading global medical technology manufacturer, launched its Q Guidance System with Cranial Guidance Software in July 2023. The software provides surgeons intraoperative guidance and image-based planning to assist in patient anatomy identification and instrument positioning cranial surgery. The software is used for biopsies, shunt placements, transsphenoidal and skull base surgery, and craniotomies.

AiM Medical Robotics, which is a leader in the development of MRI-compatible intraoperative robotics for neurosurgery, announced in August 2022 the first-ever robotics platform prototype within the industry. The company also made the announcement that it has been funded by the Sontag Innovation Fund, a venture arm of The Sontag Foundation, which is among the leading private brain cancer research sponsors in the United States.

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Intraoperative Imaging Market Segmentation

By Component :
Systems
Services
By Application :
Neurosurgical Intervention
Orthopedic Procedures
Cardiovascular Intervention
Others
By End User :
Hospitals
Cancer Research Institutes
Academic Institutes
By Region :
North America
Europe
Latin America
East Asia
South Asia & Oceania
The Middle East & Africa

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