Market Size of Asia-Pacific Fluoroscopy Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 1.21 Billion |
Market Size (2029) | USD 1.56 Billion |
CAGR (2024 - 2029) | 5.11 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Fluoroscopy Market Analysis
The Asia-Pacific Fluoroscopy Market size is estimated at USD 1.21 billion in 2024, and is expected to reach USD 1.56 billion by 2029, growing at a CAGR of 5.11% during the forecast period (2024-2029).
Fluoroscopy devices market is primarily driven by rising demand for minimally-invasive surgeries, growing geriatric population, the prevalence of chronic diseases, and increasing use of fluoroscopy in pain management.
Medical imaging has applications at various stages of inpatient management processes, such as diagnosis, staging, therapy delivery, and its follow-ups. The primary role for imaging has been diagnostics, but it is increasing slowly for interventional diagnostics and therapeutic uses that are driven by minimally-invasive procedures. Fluoroscopy presents real-time moving images for the diagnostic evaluation of soft and hard tissue conditions. It is an indispensable tool for many interventional medical procedures. The fluoroscopy market is anticipated to register significant growth, with an increasing number of minimally-invasive surgeries that are of high-precision, including the devices used, resulting in better support for both patients and surgeons. In December 2017, Hologic Inc. introduced Fluoroscan InSight FD Mini C-Arm extremities imaging system at the 2017 Radiological Society of Asia-Pacific (RSNA) annual conference in Chicago. The advancemnets in the products and new roduct launches in teh region is also boosting the market. However, the side effects associated with radiation is expected to hinder the market growth over the forecast period.