Global Surgical Imaging Market by Device (C-arms, Angiography), by Application (Orthopedic & Trauma, Cardiovascular), by Modality (MRI, X-ray) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
Global surgical imaging market was valued at USD4.6 billion in 2017. It is expected to grow at a CAGR 5.2% during the forecast period. Market growth is attributed to the growing number of radiography procedures and the increasing awareness among geriatrics. The market will continue to grow due to technological developments.
However, strict approval processes and high prices associated with these devices could have a negative effect on market expansion. The market will grow if there is a greater acceptance of minimally invasive surgical techniques. In the future, advanced techniques will fuel the demand.
In developed countries, there are well-developed health insurance systems. More than 300 million Americans have access to healthcare. Strong insurance policies make it easier for people to have surgery. This encourages the adoption of new technologies such as robotic surgery and surgical imaging.
These factors will also drive market growth over the next few years. In developing countries like Brazil and Mexico, governments are more focused on offering cost-effective, advanced surgical imaging solutions that provide better healthcare. But, the high cost of surgical imaging equipment could hinder their adoption.
Device Insights
The market can be divided by device into laparoscopy and endoscopy. The C-arms market accounted for the largest percentage of the global market in 2017, closely followed by surgical navigation systems. C-arms will likely maintain their dominance, and they are expected to continue to grow rapidly over the forecast period.
In minimally invasive surgery, laparoscopy and endoscopy are frequently used. C-arms are used extensively in minimally invasive surgeries, including abdominal and thoracic aneurysm repairs, visualizing kidney drain, percutaneous valve replacements and vascular surgery.
Modality Insights
The market can be classified by modality into and MRI. This includes x-rays, computed tomography and optical and nuclear images. Because of the rising prevalence of chronic diseases and the need for better treatment, X-ray will be the predominant segment. Further, X-ray equipment can be divided into mobile, handheld, or stationary devices. These devices are also in high demand due to the high prevalence of Cardiovascular Diseases and dental problems. Mobile x-rays will be in high demand due to the growing elderly population and increasing need for bedside imaging.
Application Insights
The market can be divided by application into neurosurgeries and ophthalmology as well as cardiovascular, neurosurgeries and thoracic, orthopedic, and trauma. In 2017, the orthopedic and trauma market accounted for the largest share and will likely register the highest CAGR over the forecast time. To reduce complexity and costs of intrathoracic procedures, fiber-optic cameras can be used.
Video-assisted treatment can be used to treat almost any intrathoracic condition. Video-assisted thoracoscopic or inflexible bronchoscopic medical procedures can reduce pain after surgery and speed up recovery. Endoscopes, which are small, flexible, and lit, allow for minimally invasive neurosurgery. They can be used to image different parts of the skull or spinal cord. Endoscopes provide a magnifying lens that magnifies the anatomical structures and allows surgeons to view the affected areas.
Regional Insights
North America dominated the market in 2017. It accounted for the largest share of the revenue due to its high adoption rate of advanced technology, sophisticated healthcare infrastructure, and was the dominant market. Asia Pacific will see the fastest CAGR during the forecast period due to the many incentives offered by local governments and the low cost of clinical trial in the region. Germany and the Nordic countries continue to invest in surgical imaging in order to improve patient care and treatment. To carry out their research activities, the eastern part of Europe mainly depends on funding from EU.
Market Share in Surgical Imaging
Koninklijke Philips N.V., Hitachi Ltd., Shimadzu Corp., Fujifilm Medical Systems, Siemens Healthcare, Canon Medical Systems Corporation, Carestream Health, Hologic, Inc., and BioSign are some of the major players in the market. Many of these large companies are using various strategies to expand their market reach. Philips, for example, purchased Electrical Geodesics, Inc. in June 2017 to create a portfolio that includes integrated neurological imaging, therapy, mapping guidance, and other services.
Market Report Scope on Surgical Imaging
Report Attribute |
More Details |
2020 Market Size Value |
USD 5.3 Billion |
Forecast revenue in 2026 |
USD 7.3 Billion |
Growth Rate |
CAGR of 5.2% between 2018 and 2026 |
Estimation base year |
2017 |
Historical data |
2014 - 2016 |
Forecast period |
2018 - 2026 |
Quantitative units |
From 2018 to 2026, revenue in USD millions and CAGR |
Report coverage |
Forecast revenue, company share, competitive landscape and growth factors and trends |
Segments covered |
Device, mode, application, and region |
Regional scope |
North America; Europe, Asia Pacific; Latin America. Middle East & Africa |
Country coverage |
U.S. Canada; Germany; U.K.; Japan; China; Brazil; Mexico; South Africa |
Key companies profiled |
Siemens Healthcare; Hitachi Ltd.; GE Healthcare; Koninklijke Philips N.V.; Canon Medical Systems Corporation; Hologic, Inc.; Medtronic, PLC; Shimadzu Corporation |
The scope of customization |
With purchase, you get free report customization (equivalent to up to 8 analysts working day) You can add or modify country, region and segment scope. |
Prices and purchase options |
You can get customized purchase options that meet your specific research needs. Explore your purchase options |
The Report Covers Certain Segments
This report forecasts revenue growth and volume growth at the global, regional and country level. It also provides analysis of industry trends for each sub-segment from 2014 through 2026. Grand View Research has divided the global surgical imaging market report by device, modality and application.
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Device Outlook (Revenue USD Million, 2014-2026)
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Endoscopy
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Laparoscopy
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Angiography
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C-arms
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Surgical Navigation Systems
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Modality Outlook (Revenue USD Million, 2014-2026)
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MRI
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X-ray
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Computed Tomography
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Opcal
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Nuclear Imaging
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Ultrasound
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App Outlook (Revenue USD Million, 2014-2026)
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Neurosurgeries
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Cardiovascular
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Orthopedic Trauma and Trauma
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Gynecological
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Ophthalmological
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Thoracic
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Urologic
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Other
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Regional Outlook (Revenue USD Million, 2014-2026)
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North America
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The U.S.
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Canada
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Europe
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U.K.
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Germany
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Asia Pacific
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China
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Japan
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Latin America
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Brazil
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Mexico
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MEA
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South Africa
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Up Market Research published a new report titled “Surgical Imaging Market research report which is segmented by Device (C-arms, Angiography), by Application (Orthopedic & Trauma, Cardiovascular), by Modality (MRI, X-ray), By Players/Companies therapy, Inc; Hitachi Ltd; Shimadzu Corp; Fujifilm Medical Systems; Siemens Healthcare; Canon Medical Systems Corporation; Carestream Health; Hologic, in June 2017, Inc; and BioSign Most of these major firms are incorporating various strategies to increase their market reach For instance, Philips acquired Electrical Geodesics, Inc to launch a portfolio with integrated neurological imaging, Koninklijke Philips NV; GE Healthcare, mapping guidance”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Surgical Imaging Market Research Report |
By Device | C-arms, Angiography |
By Application | Orthopedic & Trauma, Cardiovascular |
By Modality | MRI, X-ray |
By Companies | therapy, Inc; Hitachi Ltd; Shimadzu Corp; Fujifilm Medical Systems; Siemens Healthcare; Canon Medical Systems Corporation; Carestream Health; Hologic, in June 2017, Inc; and BioSign Most of these major firms are incorporating various strategies to increase their market reach For instance, Philips acquired Electrical Geodesics, Inc to launch a portfolio with integrated neurological imaging, Koninklijke Philips NV; GE Healthcare, mapping guidance |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 225 |
Number of Tables & Figures | 158 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Surgical Imaging Market Report Segments:
The market is segmented by Device (C-arms, Angiography), by Application (Orthopedic & Trauma, Cardiovascular), by Modality (MRI, X-ray).
Surgical Imaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Surgical Imaging Market
Overview of the regional outlook of the Surgical Imaging Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Surgical Imaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Surgical Imaging Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. C-arms
2. Angiography
7. By Application:1. Orthopedic & Trauma
2. Cardiovascular
8. By Modality:1. MRI
2. X-ray
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Surgical Imaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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Reasons to Purchase the Surgical Imaging Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surgical Imaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Surgical Imaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surgical Imaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Surgical Imaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Surgical Imaging Market Size & Forecast, 2018-2028
4.5.1 Surgical Imaging Market Size and Y-o-Y Growth
4.5.2 Surgical Imaging Market Absolute $ Opportunity
Chapter 5 Global Surgical Imaging Market Analysis and Forecast by Device
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Device
5.1.2 Basis Point Share (BPS) Analysis by Device
5.1.3 Absolute $ Opportunity Assessment by Device
5.2 Surgical Imaging Market Size Forecast by Device
5.2.1 C-arms
5.2.2 Angiography
5.3 Market Attractiveness Analysis by Device
Chapter 6 Global Surgical Imaging Market Analysis and Forecast by Application
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Application
6.1.2 Basis Point Share (BPS) Analysis by Application
6.1.3 Absolute $ Opportunity Assessment by Application
6.2 Surgical Imaging Market Size Forecast by Application
6.2.1 Orthopedic & Trauma
6.2.2 Cardiovascular
6.3 Market Attractiveness Analysis by Application
Chapter 7 Global Surgical Imaging Market Analysis and Forecast by Modality
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Modality
7.1.2 Basis Point Share (BPS) Analysis by Modality
7.1.3 Absolute $ Opportunity Assessment by Modality
7.2 Surgical Imaging Market Size Forecast by Modality
7.2.1 MRI
7.2.2 X-ray
7.3 Market Attractiveness Analysis by Modality
Chapter 8 Global Surgical Imaging Market Analysis and Forecast by Region
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities by Region
8.1.2 Basis Point Share (BPS) Analysis by Region
8.1.3 Absolute $ Opportunity Assessment by Region
8.2 Surgical Imaging Market Size Forecast by Region
8.2.1 North America
8.2.2 Europe
8.2.3 Asia Pacific
8.2.4 Latin America
8.2.5 Middle East & Africa (MEA)
8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
9.1 Introduction
9.2 Current & Future Impact Analysis
9.3 Economic Impact Analysis
9.4 Government Policies
9.5 Investment Scenario
Chapter 10 North America Surgical Imaging Analysis and Forecast
10.1 Introduction
10.2 North America Surgical Imaging Market Size Forecast by Country
10.2.1 U.S.
10.2.2 Canada
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 North America Surgical Imaging Market Size Forecast by Device
10.6.1 C-arms
10.6.2 Angiography
10.7 Basis Point Share (BPS) Analysis by Device
10.8 Absolute $ Opportunity Assessment by Device
10.9 Market Attractiveness Analysis by Device
10.10 North America Surgical Imaging Market Size Forecast by Application
10.10.1 Orthopedic & Trauma
10.10.2 Cardiovascular
10.11 Basis Point Share (BPS) Analysis by Application
10.12 Absolute $ Opportunity Assessment by Application
10.13 Market Attractiveness Analysis by Application
10.14 North America Surgical Imaging Market Size Forecast by Modality
10.14.1 MRI
10.14.2 X-ray
10.15 Basis Point Share (BPS) Analysis by Modality
10.16 Absolute $ Opportunity Assessment by Modality
10.17 Market Attractiveness Analysis by Modality
Chapter 11 Europe Surgical Imaging Analysis and Forecast
11.1 Introduction
11.2 Europe Surgical Imaging Market Size Forecast by Country
11.2.1 Germany
11.2.2 France
11.2.3 Italy
11.2.4 U.K.
11.2.5 Spain
11.2.6 Russia
11.2.7 Rest of Europe
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Europe Surgical Imaging Market Size Forecast by Device
11.6.1 C-arms
11.6.2 Angiography
11.7 Basis Point Share (BPS) Analysis by Device
11.8 Absolute $ Opportunity Assessment by Device
11.9 Market Attractiveness Analysis by Device
11.10 Europe Surgical Imaging Market Size Forecast by Application
11.10.1 Orthopedic & Trauma
11.10.2 Cardiovascular
11.11 Basis Point Share (BPS) Analysis by Application
11.12 Absolute $ Opportunity Assessment by Application
11.13 Market Attractiveness Analysis by Application
11.14 Europe Surgical Imaging Market Size Forecast by Modality
11.14.1 MRI
11.14.2 X-ray
11.15 Basis Point Share (BPS) Analysis by Modality
11.16 Absolute $ Opportunity Assessment by Modality
11.17 Market Attractiveness Analysis by Modality
Chapter 12 Asia Pacific Surgical Imaging Analysis and Forecast
12.1 Introduction
12.2 Asia Pacific Surgical Imaging Market Size Forecast by Country
12.2.1 China
12.2.2 Japan
12.2.3 South Korea
12.2.4 India
12.2.5 Australia
12.2.6 South East Asia (SEA)
12.2.7 Rest of Asia Pacific (APAC)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Asia Pacific Surgical Imaging Market Size Forecast by Device
12.6.1 C-arms
12.6.2 Angiography
12.7 Basis Point Share (BPS) Analysis by Device
12.8 Absolute $ Opportunity Assessment by Device
12.9 Market Attractiveness Analysis by Device
12.10 Asia Pacific Surgical Imaging Market Size Forecast by Application
12.10.1 Orthopedic & Trauma
12.10.2 Cardiovascular
12.11 Basis Point Share (BPS) Analysis by Application
12.12 Absolute $ Opportunity Assessment by Application
12.13 Market Attractiveness Analysis by Application
12.14 Asia Pacific Surgical Imaging Market Size Forecast by Modality
12.14.1 MRI
12.14.2 X-ray
12.15 Basis Point Share (BPS) Analysis by Modality
12.16 Absolute $ Opportunity Assessment by Modality
12.17 Market Attractiveness Analysis by Modality
Chapter 13 Latin America Surgical Imaging Analysis and Forecast
13.1 Introduction
13.2 Latin America Surgical Imaging Market Size Forecast by Country
13.2.1 Brazil
13.2.2 Mexico
13.2.3 Rest of Latin America (LATAM)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Latin America Surgical Imaging Market Size Forecast by Device
13.6.1 C-arms
13.6.2 Angiography
13.7 Basis Point Share (BPS) Analysis by Device
13.8 Absolute $ Opportunity Assessment by Device
13.9 Market Attractiveness Analysis by Device
13.10 Latin America Surgical Imaging Market Size Forecast by Application
13.10.1 Orthopedic & Trauma
13.10.2 Cardiovascular
13.11 Basis Point Share (BPS) Analysis by Application
13.12 Absolute $ Opportunity Assessment by Application
13.13 Market Attractiveness Analysis by Application
13.14 Latin America Surgical Imaging Market Size Forecast by Modality
13.14.1 MRI
13.14.2 X-ray
13.15 Basis Point Share (BPS) Analysis by Modality
13.16 Absolute $ Opportunity Assessment by Modality
13.17 Market Attractiveness Analysis by Modality
Chapter 14 Middle East & Africa (MEA) Surgical Imaging Analysis and Forecast
14.1 Introduction
14.2 Middle East & Africa (MEA) Surgical Imaging Market Size Forecast by Country
14.2.1 Saudi Arabia
14.2.2 South Africa
14.2.3 UAE
14.2.4 Rest of Middle East & Africa (MEA)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Middle East & Africa (MEA) Surgical Imaging Market Size Forecast by Device
14.6.1 C-arms
14.6.2 Angiography
14.7 Basis Point Share (BPS) Analysis by Device
14.8 Absolute $ Opportunity Assessment by Device
14.9 Market Attractiveness Analysis by Device
14.10 Middle East & Africa (MEA) Surgical Imaging Market Size Forecast by Application
14.10.1 Orthopedic & Trauma
14.10.2 Cardiovascular
14.11 Basis Point Share (BPS) Analysis by Application
14.12 Absolute $ Opportunity Assessment by Application
14.13 Market Attractiveness Analysis by Application
14.14 Middle East & Africa (MEA) Surgical Imaging Market Size Forecast by Modality
14.14.1 MRI
14.14.2 X-ray
14.15 Basis Point Share (BPS) Analysis by Modality
14.16 Absolute $ Opportunity Assessment by Modality
14.17 Market Attractiveness Analysis by Modality
Chapter 15 Competition Landscape
15.1 Surgical Imaging Market: Competitive Dashboard
15.2 Global Surgical Imaging Market: Market Share Analysis, 2019
15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
15.3.1 therapy
15.3.2 Inc; Hitachi Ltd; Shimadzu Corp; Fujifilm Medical Systems; Siemens Healthcare; Canon Medical Systems Corporation; Carestream Health; Hologic
15.3.3 in June 2017
15.3.4 Inc; and BioSign Most of these major firms are incorporating various strategies to increase their market reach For instance
15.3.5 Philips acquired Electrical Geodesics
15.3.6 Inc to launch a portfolio with integrated neurological imaging
15.3.7 Koninklijke Philips NV; GE Healthcare
15.3.8 mapping guidance