$1.99 Bn expected for Global Fluoroscopy and Mobile C-arms Market at 2.80% CAGR by 2020
Deerfield Beach, FL -- (SBWIRE) -- 07/05/2017 -- Zion Market Research has published a new report titled Fluoroscopy and Mobile C-Arms Market(Mini C-Arms and Full Size C-Arms) for Hospitals And Diagnostic Units, Interventional Radiology Procedures and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020 According to the report, global demand for fluoroscopy and mobile c-arms market was valued at over USD 1.69 billion in 2014 and is expected to reach USD 1.99 billion in 2020, growing at a CAGR of slightly above 2.80% between 2015 and 2020.
Fluoroscopy is an imaging technique commonly used by the physicians to obtain real-time moving images of the interior of an object. Fluoroscopy helps the physician to see the internal organs and function of patients. Fluoroscopy provides great aid to a physician for diagnosis therapy as well as image guided surgery. Fluoroscopy is widely used in orthopedic surgery, angiography, placement of catheters, and implantation of cardiac rhythm management devices. A mobile C-arm is a medical imaging device that is based on X-ray technology and can be used flexibly in various ORs within a clinic. C-arms are widely used for imaging during various critical, surgical, orthopedic, and emergency care procedures.
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The global fluoroscopy and mobile C-arms market are expected to grow at slow but steady CAGR during the forecast period. The rise in a number of hospitals and diagnostic units are key factors driving the demand for fluoroscopy and mobile C-arms. The rapidly growing aging population has resulted into increased number of orthopedic surgeries. Fluoroscopy dominated the market with around 55% share of the market in 2014. However, C-arms market is expected to exhibit fastest growth rate (CAGR) as compared to fluoroscopy. Moreover, development of innovative C-arms for multiple applications is also expected to boost the demand for C–arms. C-arms offer certain advantages over fluoroscopy such as better visibility and ease in detecting the presence of foreign bodies. Mobile C-arms market is also segmented into mini size mobile C-arms and full-size mobile C-arms. Full mobile size C-arms dominated the mobile C-arms market in 2014 with over 94% share of the total mobile C-arms market.
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The Americas were the largest regional market for fluoroscopy and mobile C-arms in 2014. It accounted for around 43% share of the global market in 2014. Demand for fluoroscopy and mobile C-arms in America is mainly driven by strong demand from North America because of insurance coverage for both C-arm and fluoroscopy systems. In addition, high expenditure on healthcare, especially on the elderly, is expected to propel market growth in the region during the forecast period. However, APAC is expected to exhibit the fastest growth in during the forecast period.
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Global fluoroscopy and mobile C-arms market is highly competitive, with the presence of well-established global vendors. ATON, GE Healthcare, Philips Healthcare, Shimadzu, and Siemens Healthcare are the key vendors in the market.
Other prominent market players operating in this market include Hitachi, Ltd., Hologic, Inc., Omega Medical Imaging, Inc., Healthcare, Toshiba Corporation and Varian Medical Systems, Inc., Ziehm Imaging GmbH and OrthoScan, Inc. This report segments the global market as follows:
Product Segment Analysis: Fluoroscopy, Mobile C-arms, full-Size C- Arms, Mini C-arms
Regional Segment Analysis: Americas (North America and Latin America), Europe, Middle East and Africa (EMEA), Asia Pacific
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