03-15-2018 04:25 PM CET - Advertising, Media Consulting, Marketing Research

North America Intraoperative Imaging Market to experience a high growth in the coming years

Press release from: Xpodence Research

The North American region is anticipated to command the maximum market share and would lead the intraoperative imaging market during the forecast period. Owing to the presence of several large medical devices companies in this region, such as Medtronic, Siemens Healthineers,Koninklijke Philips N.V., and GE Healthcare. Moreover, the presence of highly developed healthcare infrastructure as well as the availability of expert surgeons in this region has further propelled the market growth.

The North American market was followed by owing to the high demand for innovative medical devices for surgeries and presence of major manufacturers mainly in Germany, UK, France, Switzerland, and Italy integrated with well-developed healthcare infrastructure are expected to drive growth for the market. The Asia-Pacific region is expected to register swiftest growth rate during the forecast period owing to high awareness about advanced surgical treatments and developing healthcare infrastructure in Asian countries such as China, India, and Indonesia. Additionally, the rising prevalence of chronic diseases such as Parkinson's disease, cancer, orthopedic diseases, epilepsy, and Alzheimer's disease, is analyzed to increase the adoption of intraoperative imaging.

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Increasing popularity of intraoperative imaging in developing countries such as China, India, South Africa, Brazil, and Argentina is expected to drive the market growth. Governments of these countries are taking huge efforts to deliver better quality healthcare facilities & products that support the adoption of advanced imaging for surgical applications.

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Leading players are involved in strategic collaborations, mergers &acquisitions, new product development, and regional expansions to gain the highest revenue share in the industry. Strategic collaborations and mergers & acquisitions help companies expand their existing businesses and geographical reach. For instance, in April 2012, Philips Healthcare collaborated with Brainlab AG to develop a comprehensive iMRI solution for neurosurgery procedures. The major companies that provide intraoperative imaging equipment include Deerfield Imaging, GE Healthcare, Ziehm Imaging GmbH, Siemens Healthineers, Medtronic, IMRIS, Koninklijke Philips N.V., Brainlab AG, Shimadzu Corporation, and NeuroLogica Corp. among others.

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