The global fluoroscopy equipment market is projected to surge from its current $2.21 billion valuation to $2.79 billion by 2022, growing at a compound annual growth rate (CAGR) of 4.8%.
Growth of this market is largely attributable to technological advancements in fluoroscopy systems, the growing popularity of multipurpose imaging systems, the use of fluoroscopy in pain management, the increasing demand for minimally invasive procedures, the rising geriatric population, and the growing prevalence of chronic diseases, according to Research and Markets officials, who conducted the study.
From a product standpoint, the global fluoroscopy market is segmented into fixed fluoroscopy equipment and C-arms. The fixed fluoroscopy equipment market is further segmented into remote-controlled fluoroscopy systems and conventional fluoroscopy systems.
The C-arms segment, however, is expected to register the highest CAGR during the forecast period—with the increasing demand for minimally invasive procedures and the lower amount of radiation emitted (compared to fixed fluoroscopy equipment) driving utilization.
What’s more, some of the hottest improvements currently being touted as the “latest and greatest” in the C-arm market include LCD/LED monitors, retrofit kits for existing systems, wireless DICOM, and flat-detector systems, 24×7 Magazine reported in our recent article: C-Arms: The New and the Renewed.
Click here to read more about the red-hot C-arm market.
