Global Fluoroscopy Equipment Market Analysis 2023: Size, Share, And Key Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Fluoroscopy Equipment Global Market Report 2023, the fluoroscopy equipment market is expected to show significant growth in the forecast period.
Key insights from the fluoroscopy equipment market forecast include:
- Market Size
The global fluoroscopy equipment market is expected to grow from $5.88 billion in 2022 to $6.27 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The fluoroscopy equipment market is expected to reach $7.63 billion in 2027 at a CAGR of 5%.
- Major Driver
The increasing prevalence of chronic diseases is expected to propel the growth of the fluoroscopy equipment market going forward. Chronic diseases are problems that last a year or longer, necessitating continuing medical care, restricting everyday activities, or both. For instance, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based national library of medicine, it was projected that by the year 2050, the number of individuals aged 50 years and older who have at least one chronic illness will increase to 142.66 million by 99.5%, from 71.522 million in 2020. Therefore, the increasing prevalence of chronic diseases is driving the growth of the fluoroscopy equipment market.
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- Key Trend
Product innovation is a key trend gaining popularity in the fluoroscopy equipment market. Major companies operating in the fluoroscopy equipment market are developing innovative products to sustain their position in the market. For instance, in July 2022, Fujifilm Healthcare Americas Corporation, a US-based manufacturer of diagnostic and business imaging solutions, launched the FDR Cross, the world’s first two-in-one fluoroscopy and digital radiography system. It is the cutting-edge portable X-ray and hybrid C-arm solution for medical facilities and ambulatory surgery centers (ASC). The dual-function C-arm is the first to provide mobile radiography and fluoroscopic imaging on a single platform, eliminating the need to bring additional imaging equipment for necessary image-guided procedures.
- Largest Region
North America was the largest region in the fluoroscopy equipment market in 2022.
- Major Players
Major players in the fluoroscopy equipment market are Hitachi Medical Corporation, Thermo Fisher Scientific Inc., Medtronic Plc., Siemens Healthineers, Fujifilm Holdings Corporation, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Agilent Technologies Inc., Terumo Corporation, Hologic Inc., Varian Medical Systems Inc., Mindray Medical International Limited, Shimadzu Corporation, Agfa-Gevaert N.V., Lepu Medical Tech Co. Ltd., Carestream Health Inc., Varex Imaging Corporation, Canon Medical Systems Corporation, Ziehm Imaging GmbH, Allengers Medical Systems Limited, Orthoscan Inc., Xoran Technologies LLC, Toshiba Medical Systems Corporation, Adani Systems Inc., and Trisonics Inc.
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Key Fluoroscopy Equipment Market Segments
The global fluoroscopy equipment market is segmented –
1) By Product: Fixed Fluoroscopy Equipment, Mobile C-Arms, Fixed C-Arms
2) By Application: Diagnostic, Surgical, Other Applications
3) By End-User: Hospitals, Diagnostic Centers, Other End-Users
The Fluoroscopy Equipment Global Market Report 2023 provides an in-depth analysis on the fluoroscopy equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the fluoroscopy equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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