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

The Business Research Company’s image guided surgery devices market report forecasts the image guided surgery devices market size to grow to $12.53 Billion by 2027, with a CAGR (compound annual growth rate) of 11%.

Learn More On The Image Guided Surgery Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/image-guided-surgery-devices-global-market-report

Image Guided Surgery Devices Market Size Forecast
The global image guided surgery devices market is expected to grow from $7.47 billion in 2022 to $8.23 billion in 2023 at a compound annual growth rate (CAGR) of 10.25%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global image guided surgery devices market size is expected to reach $12.53 billion in 2027 at a CAGR of 11.07%.

North America held the largest image guided surgery devices market share.

Key Image Guided Surgery Devices Market Driver ­– Rise In Neurological Disorders
According to the European Academy of Neurology, an Austria-based non-profit medical association, 1 in 3 persons will be affected by a neurological disease at some point in their lives in May 2022, and the number of deaths from neurological conditions has climbed by about 40% in the last 30 years. Furthermore, according to the American Heart Association, a non-profit organisation based in the United States that funds cardiovascular medical research, stroke and Alzheimer’s (a neurological disorder characterised by irreversible worsening changes in the ability to think and remember) were two of the leading causes of death in the United States in 2020. As a result, developing neurological illnesses are propelling the image guided surgery devices market forward.

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Key Image Guided Surgery Devices Market Trend – Technological Advancement
Major industry participants in the image guided surgery devices market are focusing their efforts on introducing new and sophisticated technologies in order to strengthen their market position. For example, Siemens Healthineers, a German medical device firm, introduced its latest innovation, the MAGNETOM Free. Star, and NAEOTOM Alpha, in March 2022. MAGNETOM Free. Star is a helium-free scanner with an ultra-compact footprint that is significantly easier to install than the MAGNETOM Free. The DryCool technology, which simplifies difficult MRI technologies and uses digitalization and artificial intelligence (AI) to produce high-quality results in MRI scans, is used in the gadget. With its groundbreaking direct signal conversion of its QuantaMax detector, the NAEOTOM Alpha gives high-resolution images at the lowest dose, spectrum information in every scan, and higher contrast at reduced noise. With the introduction of photon-counting CT, diagnostics in cardiology, pulmonology, cancer, and emergency care will progress towards precise, non-invasive diagnosis.

Image Guided Surgery Devices Market Segment
1) By Product: Image Guided Surgery Devices, Image Guided Surgery Software
2) By Device Type: CT, Ultrasound, MRI, X-Ray, Fluoroscopy, Endoscopes, PET, SPECT,
3) By Application: Cardiac Surgery, Neurosurgery, Orthopedic Surgery, Urology, Oncology Surgery, Gastroenterology, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Research And Academic Institutions

Image Guided Surgery Devices Market Major Players and Strategies
Major players in the image guided surgery devices market are GE Healthcare, Medtronic Plc., Olympus Corporation, Siemens Healthineers, Koninklijke Philips N.V., Brainlab AG, Karl Storz Gmbh & Co. KG, Stryker Corporation, Varian Medical Systems Inc., Hitachi Medical Corporation, Analogic Corporation, Zimmer Biomet, Smith and Nephew Plc, FUJIFILM Holdings Corporation and Shimadzu Corporation.

In December 2021, GE Healthcare, a medical technology business based in the United States, paid roughly $1.45 billion for BK Medical. The acquisition gives GE Healthcare new post-operative ultrasound capabilities and strengthens the company’s position in the rapidly growing sector of advanced surgical visualisation. BK Medical is a company established in the United States that offers surgical procedures and devices with real-time active imaging.

The Image Guided Surgery Devices Global Market Report 2023 covers regional data on image guided surgery devices market size, image guided surgery devices market trends and drivers, opportunities, strategies, and image guided surgery devices market competitor analysis. The countries covered in the image guided surgery devices 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.

Image guided surgery technologies are utilised to do surgery utilising very advanced computerised systems that offer three-dimensional images of the patient’s anatomy. During surgery, physicians employ image-guided surgical instruments to obtain real-time images of the inside of the patient’s body.

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