Orthopaedic Imaging Equipment Market Market Analysis by 2024
Pune, India -- (SBWIRE) -- 03/16/2018 -- Orthopaedic Imaging Equipment Market accounted to USD 5.57 billion in 2016 growing at a CAGR of 4.9% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Also the Global Orthopaedic Imaging Equipment Market By Product Type (X-Ray Systems, CT-Scanner, MRI Systems, EOS Imaging Systems, Ultrasound, Nuclear Imaging Systems), By Indications (Acute injuries (Sports injuries, Trauma cases), Chronic Disorders (Osteoarthritis, Osteoporosis, Prolapsed Disc, Degenerative joint diseases)), By End User (Hospitals, Radiology Centers, Emergency Care Facility, Ambulatory Surgical Centers), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024.
Orthopaedic imaging equipment are imaging devices used to diagnose specific nature of musculoskeletal injury or condition. These devices widely used in Hospitals, Radiology Centers, Emergency Care Facility, Ambulatory Surgical Centers.
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Major Market Drivers and Restraints:
- Rising preference for point-of-care devices
- Rising number of bone-related ailments, fractures and disorders
- Growing public-private investments and funding
- Rising cost of clinical trials
- Stringent regulations associated with commercialization of orthopaedic imaging devices
Orthopaedic Imaging Equipment Market Segmentation:
By product type, the market for orthopaedic imaging equipment market is segmented into X-Ray Systems, CT-Scanner, MRI Systems, EOS Imaging Systems, Ultrasound, and Nuclear Imaging Systems.
By indications, the orthopaedic imaging equipment market is segmented into acute injuries, and chronic disorders. The acute injuries segment is further sub-segmented into sports injuries, and trauma cases. The chronic disorders segment is further sub-segmented into osteoarthritis, osteoporosis, prolapsed disc, and degenerative joint diseases.
On the basis of end-users the orthopaedic imaging equipment market is segmented into hospitals, radiology centers, emergency care facility, and ambulatory surgical centers.
On the basis of geography, orthopaedic imaging equipment market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Orthopaedic Imaging Equipment Market Competitive Analysis:
The orthopaedic imaging equipment market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of orthopaedic imaging equipment market for global, Europe, North America, Asia Pacific and South America.
Orthopaedic Imaging Equipment Market Major Market Competitors:
Some of the major players operating in orthopaedic imaging equipment market are General Electric Company, Siemens AG, Koninklijke Philips N.V., Toshiba Medical Systems Corporation, Hitachi, Ltd., Esaote SpA, Planmed OY, EOS Imaging, among others.
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