The growth of the Global C-Arms Market is mainly driven by factors such as technological development in healthcare devices coupled with increasing geriatric population.
Hyderabad, India -- (SBWIRE) -- 01/23/2018 -- The report "C-Arms Market by Device Type (Fixed C-Arms, Mobile C-Arms-(Mini C-Arms, Full-Size C-Arms)), By Application (Cardiovascular, Neurology, Urology, Orthopaedic, Pain Management and Trauma, Gastrointestinal, And General Surgery) - Forecast to 2021", The C-Arms market is expected to reach USD 3.46 Billion by 2021 from an estimated USD 2.87 Billion in 2016, at a CAGR of 3.82%. The key factors such as growth in the incidence of cancer, increase in the number of R&D activities, advances in technology and increasing geriatric population with a consequent rise in osteoporosis disease, are driving the growth of the global C-Arms market.
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By device type, the full size C-Arms segment accounted for the largest share of the market in 2016
On the basis of device type, the C-Arms market has been segmented into Fixed C-Arms and Mobile C-Arms. Mobile C-Arms are further segmented into Mini C-Arms and Full-Size C-Arms. In 2016, the full size C-Arms segment is expected to account for the largest share of the global C-Arms market and is also anticipated to grow at a higher growth rate among the two segments.
By application, the cardiovascular segment accounted for the largest share of the market in 2016
On the basis of application, the C-Arms market has been segmented into Cardiovascular, Neurology, Urology, Orthopaedic, Pain Management and Trauma, Gastrointestinal, and General Surgery. The cardiovascular segment holds the largest market share due to recent advancements in technology and its presence in the market for a longer time, followed by orthopaedic and neurology segments.
North America accounted for the largest share of the C-Arms market in 2016, followed by Europe. The large share of the C-Arms market in North America can be attributed to the growth in technology, growing disposable incomes, and the rising incidence of osteoporosis and cardiovascular ailments. Europe holds the second major market for C-Arms owing to acceptance of advanced technology in biotechnology and research sector and innovation technologies. Asia pacific is estimated to represent strong potential market growth in the C-Arms market due to fast technological advancements.
The various players in the C-Arms market include GE Healthcare Inc., Varian Medical Systems Inc., Philips Healthcare, Siemens AG, Toshiba Corp., Hologic corp., Omega Medical Imaging Inc., BMI Biomedical International, Hitachi Ltd., DMS Health Technologies, ATON GmbH, Medonica Co Ltd., Gemss Co Ltd., and Shimadzu Corp.
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