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Fluoroscopy Systems/Equipment Market is expected to reach USD 4.74 billion by 2025
[June 19, 2017]

Fluoroscopy Systems/Equipment Market is expected to reach USD 4.74 billion by 2025


NEW YORK, June 19, 2017 /PRNewswire/ -- Highlights

·         The global fluoroscopy systems/equipment market is expected to reach USD 4.74 billion by 2025, according to a new report by Grand View Research, Inc.

·         The unprecedented growth is believed to be a consequence of rising patient preference for minimally invasive surgeries.

·         The growing demand is also a consequence of improved cost-efficiency, safety, efficacy, rapid recovery, and reduced hospital stay. These factors anticipated to fuel the demand for fluoroscopy equipment over the forecast period. Other advantages include fewer incision wounds and postsurgical complications that lead to higher patient satisfaction.

·         The market is also driven by technological advancements such as incorporation of radiation dose monitoring tools for optimized radiation in fluoroscopy equipment.

The global fluoroscopy systems/equipment market is expected to reach USD 4.74 billion by 2025, according to a new report by Grand View Research, Inc. The unprecedented growth is believed to be a consequence of rising patient preference for minimally invasive surgeries. These devices facilitate early diagnosis and reduce treatment duration in majority of surgical procedures.


The growing demand is also a consequence of improved cost-efficiency, safety, efficacy, rapid recovery, and reduced hospital stay. These factors anticipated to fuel the demand for fluoroscopy equipment over the forecast period. Other advantages include fewer incision wounds and postsurgical complications that lead o higher patient satisfaction.


The market is also driven by technological advancements such as incorporation of radiation dose monitoring tools for optimized radiation in fluoroscopy equipment. Other advancements include robotically controlled C-arms, integrated navigation tools, and image guidance software. These advancements have led to enhanced image guidance during interventional, ablation, and biopsy procedures as well as improved optimization of working procedures.

Further Key Findings From the Report Suggest:
• C-arms segment is predicted to witness exponential growth owing to high cost-efficiency and wide applicability in different fields such as traumatology, orthopedics, vascular surgery for intraoperative imaging, and others
• Cardiovascular emerged as the largest application segment in 2016 as a consequence of high prevalence of cardiovascular diseases, raising the clinical urgency for adoption of fluoroscopy equipment
• Hospitals held the largest share in end-use segment due to high patient volume, consistent readmissions, and easy availability of high-end equipment
North America accounted for the largest share, which can be attributed to the extensive R&D activities that are likely to provide platform for growth through consistent approvals of new product
• The market in Asia Pacific is projected to witness substantial growth over the next decade, due to growing awareness pertaining to availability and benefits of these devices, further triggering significant penetration
• GE Healthcare, Philips Healthcare, and Siemens Healthineers together accounted for a dominant share in the global fluoroscopy equipment market in 2016
• The key companies are aggressively undertaking collaborative strategies, new and advanced product development activities, and mergers & acquisitions leading to significant growth
• In May 2015, Philips Healthcare launched DuoDiagnost, an integrated radiography and fluoroscopy system. This equipment was launched to yield higher price-performance ratio in different applications and achieve a greater return on investment
Read the full report: http://www.reportlinker.com/p04946479/Fluoroscopy-Systems-Equipment-Market-Analysis-By-Product-Fluoroscopy-Devices-C-arms-Mini-C-arms-Full-Size-C-arms-By-Application-By-End-use-Hospitals-Diagnostic-Centers-Specialty-Clinics-Segment-Forecasts.html


About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

http://www.reportlinker.com


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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/fluoroscopy-systemsequipment-market-is-expected-to-reach-usd-474-billion-by-2025-300476156.html

SOURCE Reportlinker


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