Global Fluoroscopy Equipment Market 2017-2021

Fluoroscopy equipment market analysis

Research analysis of the global fluoroscopy equipment market identifies the extensive application of fluoroscopes will be one of the major factors that will have a positive impact on the growth of the market. The equipment is heavily used in healthcare industry to investigate the GI tract, which includes barium enemas, defecating proctograms, barium meals and barium swallows, and enteroclysis. They are also used for ultrasound-guided liver biopsy and by orthopedic surgeons.

Additionally, during C-arm fluoroscopy, it allows the clear image of the operative site without compromising OR sterility. Such wide application of fluoroscopes will drive the growth of the market during the forecast period. Technavio’s market research analysts predict that this market will contribute the revenue of more than USD 2.2 billion by 2021.

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Fluoroscopy equipment market share based on geography

In terms of geography, Americas will contribute the highest revenue share during the forecast period. The region has witnessed an increasing adoption of new fluoroscopy devices to improve patient satisfaction as they have low risk of side-effects due to low radiation levels. The growing use of the devices in MIS will propel the demand for mobile C-arms market during the forecast period. Moreover, the availability of favorable reimbursements for diagnostic screening will also fuel the growth of the market.

Fluoroscopy equipment market growth: Competitive landscape and key vendor

Owing to the presence of few vendors, fluoroscopy equipment market appears to be concentrated and competitive. The major vendors of the market are focusing on increasing their geographical presence as they are expanding into developing countries through mergers and acquisitions (M&A) or partnership with the regional vendors. The regional vendors of the market are confined to a particular region and have a limited product portfolio.

The leading vendors in the fluoroscopy equipment market

• GE Healthcare
• Philips Healthcare
• Siemens Healthineers
• Toshiba Medical Systems

Fluoroscopy equipment market segmentation by product type 

• Fluoroscopy devices
• Fluoroscopy C-arm devices

During 2016, the fluoroscopy devices segment accounted for the major shares of this market. The low adoption of new devices in developed countries which will generate major revenue for the market. Additionally, factors such as these devices are inexpensive and refurbished devices which are being purchased by developing countries from developed countries.

Fluoroscopy equipment market segmentation by application

• Hospitals
• Diagnostic centers

The hospital segment accounted for the major revenue share during 2016. This segment comprises of technologically advanced devices which will help patients to get better treatment. Moreover, hospitals are equipped with trained radiologists, where patients can be monitored periodically. Owing to these advantages of hospitals segment will drive the market growth.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global fluoroscopy equipment market?
• What are the key market trends impacting the growth of the global fluoroscopy equipment market?
• What are the challenges to market growth?
• Who are the key vendors in the global fluoroscopy equipment market?
• What are the market opportunities and threats faced by the vendors in the global fluoroscopy equipment market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global fluoroscopy equipment market? 

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