Fluoroscopy Equipment Market Forecast 2024: Forecast Market Size, Drivers And Key Segments
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- Prevalence of Chronic Diseases: Chronic diseases are becoming increasingly prevalent, requiring continuous medical care and impacting daily activities.
- Real-time Assessment: Fluoroscopy equipment offers real-time functional and anatomical assessment while minimizing radiation exposure, especially with contrast administration.
- Projected Increase: By 2050, individuals aged 50 and older with at least one chronic illness are estimated to reach 142.66 million, up from 71.522 million in 2020.
- Market Players: Major companies driving the fluoroscopy equipment market include Hitachi Medical Corporation, Thermo Fisher Scientific Inc., Siemens Healthineers, and others.
Innovative Products In Fluoroscopy Equipment Market
- Product Innovation: Key trend with major companies developing innovative solutions to maintain market position.
- Fujifilm’s FDR Cross: Launched in July 2022, it’s the world’s first two-in-one fluoroscopy and digital radiography system, offering mobility and versatility.
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Fujifilm’s Strategic Acquisition Of Hitachi Ltd Enhance Medical Technologies
- Acquisition Details: In March 2021, Fujifilm Corporation acquired Hitachi Ltd.’s diagnostic imaging business for $1.41 billion, aiming to bolster its medical technology portfolio.
- One-stop Shop: With this acquisition, Fujifilm becomes a comprehensive provider of medical technologies, integrating Hitachi’s expertise in X-ray systems.
Market Segmentation and Regional Trends
- Product Segmentation: Includes fixed fluoroscopy equipment, mobile C-arms, and fixed C-arms catering to various medical needs and settings.
- Application Segmentation: Covers diagnostic, surgical, and other applications, reflecting diverse medical uses.
- End-User Segmentation: Targets hospitals, diagnostic centers, and other end-users, addressing different healthcare facility requirements.
- Regional Trends: North America led the market in 2023, while Asia-Pacific is projected to witness the fastest growth, reflecting shifting healthcare dynamics and emerging markets.
Future Outlook and Trends
- Steady Growth: The market is expected to continue growing, reaching $8.08 billion by 2028, driven by various factors including technological advancements and expanding applications.
- Technological Innovations: Continuous advancements in imaging technology will fuel market growth, enhancing diagnostic capabilities and patient outcomes.
- Remote Guidance and Collaboration: Increasing focus on remote guidance and collaboration tools will improve healthcare accessibility and efficiency.
- Data Integration and Analytics: Enhanced data integration and analytics capabilities will enable better decision-making and personalized treatments.
- Ergonomics and User Experience: Emphasis on ergonomics and user experience will enhance usability and operator satisfaction, driving adoption in healthcare facilities.
In conclusion, the fluoroscopy equipment market is poised for significant growth, propelled by factors such as the rise in chronic diseases, technological innovations, and strategic acquisitions. As market players continue to innovate and expand their offerings, the landscape of medical imaging and diagnosis is set to evolve, benefiting healthcare providers and patients alike.
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