Market Size of Europe Fluoroscopy Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 1.38 Billion |
Market Size (2029) | USD 1.66 Billion |
CAGR (2024 - 2029) | 3.73 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Fluoroscopy Market Analysis
The Europe Fluoroscopy Market size is estimated at USD 1.38 billion in 2024, and is expected to reach USD 1.66 billion by 2029, growing at a CAGR of 3.73% during the forecast period (2024-2029).
The major factors for the growth of the fluoroscopy devices market in Europe include the rising demand for minimally-invasive surgeries, growing geriatric population, prevalence of chronic diseases, and increasing use of fluoroscopy in pain management.
Medical imaging has applications at various stages in patient 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 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 a significant growth, with increasing number of minimally-invasive surgeries that are of high-precision, including the devices used, resulting in better support for both patients and surgeons. The growing preference for minimally-invasive procedures is due to benefits, such as lower risk of complications, reduced cost, and lesser recuperation period, less pain, small incisions, and less scarring, which have contributed to the growth of the market. The use of fluoroscopy in pain management is expected to supplement the growth of the market.