FMI’s New Report, titled, “Fluoroscopy Market: Global Industry Analysis and Opportunity Assessment 2016-2026” offers 10-year forecast and analysis.
Valley Cottage, NY -- (SBWIRE) -- 06/10/2016 -- Fluoroscopy is the enhanced X-ray which produces the moving images of an object on the screen or television like monitor. It is mainly used for the imaging of gastrointestinal tract to diagnose the clinical conditions such as tumors, ulcers, inflammation, blockades etc. It can also be used to monitor the procedures such as angiography, venography, orthopedic surgeries, and placement of peritoneal catheters, certain biopsies and many other surgical procedures which require radiological intervention. Being a minimally invasive technique, interventional radiology is widely accepted by the geriatric population. Many open surgeries are now replaced with the minimally invasive procedures after the introduction of fluoroscopy, which resulted in minimum risks to the patients and also reduces the length of stay in the hospital. Some other uses of fluoroscopy include locating foreign bodies, image guided anesthetic injections, percutaneous vertebroplasty, cardiac catheterization etc. Fluoroscopy instruments are often used with the mobile C-arms which allows the imaging of an object from different angles.
Fluoroscopy Market: Drivers and Restraints
The global fluoroscopy market is expected to grow significantly over the forecast period due to tie ups between interventionalists and manufacturers of innovative medical devices. Growing number of government hospitals and qualified interventionalists, increasing demand for minimally invasive interventional procedures are some other reasons for the growth of global fluoroscopy market. Whereas the requirement of sophisticated medical facilities and radiation related risks associated with fluoroscopy can be the major restraints for the growth of global fluoroscopy market.
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Fluoroscopy Market: Segmentation
The global fluoroscopy market is classified on the basis of type of surgery, end use and geography.
Based on type of surgery, the global fluoroscopy market is segmented into the following:
Based on end use type, the global fluoroscopy market is segmented into the following:
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Fluoroscopy Market: Overview
The cardiovascular intervention segment is expected to dominate the global fluoroscopy market over the other segments due to large number of applications. Growing number of orthopedic surgeries due to increasing incidences of road accidents in US , advances in technology and increasing awareness among the people are some other factors which are expected to support the growth of global fluoroscopy market over the forecast period.
Fluoroscopy Market: Regional Overview
Geographically, the global fluoroscopy market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America dominated the global market for fluoroscopy in 2014 due to innovative techniques, good investments in infrastructures and good reimbursement policies for diagnostic procedures. The fluoroscopy market in the Asia-Pacific is expected to grow further with moderate rate due to expanding aging population.
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Fluoroscopy Market: Key Players
Some of the key players in global fluoroscopy market are GE Heathcare., Orthoscan Inc., Hologic Inc., Shimadzu Corporation, Siemens Medical Solutions, Philips N.V., Hitachi Ltd., Toshiba Medical Systems Corporation, Ziehm Imaging GmbH, Amico X-ray technologies, Carestream Health to name a few. The global fluoroscopy market is highly competitive as new players are entering into the market such as Canon U.S.A. Inc. because of increasing demand for new innovative techniques in X-ray and radiology.