Fluoroscopy Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The fluoroscopy devices market is segmented by Device Type, Application (Orthopedic, Cardiovascular, Pain Management and Trauma, Neurology, Gastrointestinal, Urology, General Surgery, and Other Applications), and Geography.

Market Snapshot

fluoroscopy market
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 5.6 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

Fluoroscopy devises 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. The growing preference for minimally-invasive procedures is due to benefits, such as the 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. However, the side effects associated with radiation is expected to hinder the market growth over the forecast period.

Scope of the Report

As per the scope of the report, fluoroscopy refers to an imaging technique that uses X-rays to produce real-time images of internal organs. Unlike X-ray images, which are fixed still images on film, the fluoroscopy produces live moving pictures of internal organs, which can be viewed by the naked eye on a digital monitor. A typical fluoroscope has four components, which include X-ray source, X-ray image intensifier, imaging system, and a work station. A C-arm is an X-ray image intensifier. It is a C-shaped metal arm that has X-ray source fixed on its one end and an X-ray image intensifier fixed on the other end. The market is segmented by device type, application, and geography.

By Device Type
Fixed Fluoroscopes
Mobile Fluoroscopes
Full-size Fluoroscopes
Mini Fluoroscopes
By Application
Orthopedic
Cardiovascular
Pain Management and Trauma
Neurology
Gastrointestinal
Urology
General Surgery
Other Applications
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
South America
Brazil
Argentina
Rest of South America

Report scope can be customized per your requirements. Click here.

Key Market Trends

The Cardiovascular Segment, under Application, is Expected to Account for the Largest Market Share, during the Forecast Period

  • The rising prevalence of cardiovascular diseases across the world is a major factor driving the growth of the market. According to the British Heart Foundation 2017, 7.4 million people are living with heart or circulatory diseases.
  • Furthermore, cardiovascular procedures require extensive fluoroscopic guidance to navigate endovascular catheters. The fluoroscopy provides excellent spatial and temporal resolution, having a limitation of exposure of ionizing radiation to the patients and staff, along with poor soft tissue characterization.
  • In the process of cardiac catheterization, fluoroscopy is used to help the healthcare provider see the flow of blood through the coronary arteries to check for arterial blockages. Thus, owing to the rising prevalence of cardiac diseases and benefits associated with fluoroscopy, the market is expected to grow over the forecast period.
cvd.png

North America accounted for the Largest Share in the Global Market

  • North America fluoroscopy market projected to have significant market growth owing to the well-established healthcare infrastructure, the growing burden of chronic diseases and the presence of key market players actively participating in new product developments and launches. According to the Center for Disease Control and Prevention (CDC), One person dies every 37 seconds in the United States from cardiovascular disease. About 647,000 Americans die from heart disease each year.
  • In December 2019, Canon has launched a new CT Scan system Aquilion One. Features of Aquilion One / Prism include new CT fluoroscopy (CTF) interface that enables faster interventional procedures with one-person operation thanks to ergonomically-designed controls and a touchscreen tablet.
  • Moreover, growing awareness about early diagnosis and treatment and adoption of the fluoroscopy techniques in imaging is projected to boost the North America fluoroscopy market over the forecast period.
Fluoroscopy Devices Market - Growth Rate by Region - Image

Competitive Landscape

The market is consolidated, owing to the presence of a few major players in the market. The major market players are focusing on technological advancements and reducing the side effects of the procedures. Some of the major players in the market are Canon Medical Systems Corporation, Carestream Health, GE Healthcare, Hitachi Medical Systems, Hologic Inc., Koninklijke Philips NV, Shimadzu Medical, and Siemens Healthineers.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rising Demand for Minimally-invasive Surgeries

      2. 4.2.2 Growing Geriatric Population and Prevalence of Chronic Diseases

      3. 4.2.3 Increasing Use of Fluoroscopy in Pain Management

    3. 4.3 Market Restraints

      1. 4.3.1 Side Effects and Radiation Exposure

      2. 4.3.2 Rising Adoption of Refurbished Systems

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Device Type

      1. 5.1.1 Fixed Fluoroscopes

      2. 5.1.2 Mobile Fluoroscopes

        1. 5.1.2.1 Full-size Fluoroscopes

        2. 5.1.2.2 Mini Fluoroscopes

    2. 5.2 By Application

      1. 5.2.1 Orthopedic

      2. 5.2.2 Cardiovascular

      3. 5.2.3 Pain Management and Trauma

      4. 5.2.4 Neurology

      5. 5.2.5 Gastrointestinal

      6. 5.2.6 Urology

      7. 5.2.7 General Surgery

      8. 5.2.8 Other Applications

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle East & Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle East & Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Canon Medical Systems Corporation

      2. 6.1.2 Carestream Health

      3. 6.1.3 GE Healthcare (GE Company)

      4. 6.1.4 Hitachi Medical Systems

      5. 6.1.5 Hologic Inc.

      6. 6.1.6 Koninklijke Philips NV

      7. 6.1.7 Orthoscan Inc.

      8. 6.1.8 Shimadzu Medical

      9. 6.1.9 Siemens Healthineers

      10. 6.1.10 Varian Medical Systems Inc.

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Fluoroscopy Devices Market market is studied from 2018 - 2026.

The Fluoroscopy Devices Market is growing at a CAGR of 5.6% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Canon Medical Systems Corporation, Hitachi Medical Systems, Siemens Healthineers, GE Healthcare, Koninklijke Philips NV are the major companies operating in Fluoroscopy Devices Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!