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Surgical Imaging Devices Market by Product, Application, and Geography - Forecast and Analysis 2020-2024

Surgical Imaging Devices Market by Product, Application, and Geography - Forecast and Analysis 2020-2024

Published: Oct 2020 120 Pages SKU: IRTNTR45328

The surgical imaging devices market size has the potential to grow by USD 683.83 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (FPD and II), application (cardiovascular surgery, orthopedic surgery, neurosurgery, and others), and geography (North America, Europe, Asia, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Canon Inc., General Electric Co., Hitachi Ltd., Hologic Inc., Koninklijke Philips NV, Medtronic Plc, Shimadzu Corp., Siemens Healthineers AG, Skanray Technologies Pvt. Ltd., and Trivitron Healthcare.

Market Overview

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Market Competitive Analysis

The market is fragmented. Canon Inc., General Electric Co., Hitachi Ltd., Hologic Inc., Koninklijke Philips NV, Medtronic Plc, Shimadzu Corp., Siemens Healthineers AG, Skanray Technologies Pvt. Ltd., and Trivitron Healthcare are some of the major market participants. Factors such as the rising prevalence of chronic diseases, the increasing demand for minimally invasive surgeries (MIS), and technological advances will offer immense growth opportunities. However, the high cost of surgical imaging devices, limitations and complications associated with C-arms, and the lack of skilled RTS may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this surgical imaging devices market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this surgical imaging devices market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Canon Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • Hologic Inc.
  • Koninklijke Philips NV
  • Medtronic Plc
  • Shimadzu Corp.
  • Siemens Healthineers AG
  • Skanray Technologies Pvt. Ltd.
  • Trivitron Healthcare

Surgical Imaging Devices Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. Europe will offer several growth opportunities to market vendors during the forecast period. The increasing adoption of mobile C-arms in hybrid ORS, the intraoperative 3D imaging with mobile C-arms, and the growing demand for G-arm and O-arm devices will significantly support the surgical imaging devices market's growth in this region.

41% of the market’s growth will originate from Europe during the forecast period. Germany, France, and the UK are the key markets for surgical imaging devices in Europe. This report provides an accurate prediction of the contribution of all segments to the growth of the surgical imaging devices market size.

Surgical Imaging Devices Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will surgical imaging devices market growth during the next five years
  • Precise estimation of the surgical imaging devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the surgical imaging devices industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of surgical imaging devices market vendors

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Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Surgical Imaging Devices market growth will increase by 683.83 million during 2019-2024.

The Surgical Imaging Devices market is expected to grow at a CAGR of 3.56% during 2019-2024.

Surgical Imaging Devices market is segmented by Product( FPD, II) Application( Cardiovascular surgery, Orthopedic surgery, Neurosurgery, Others) Geographic( North America, Europe, Asia, ROW)

Canon Inc., General Electric Co., Hitachi Ltd., Hologic Inc., Koninklijke Philips NV, Medtronic Plc, Shimadzu Corp., Siemens Healthineers AG, Skanray Technologies Pvt. Ltd., Trivitron Healthcare are a few of the key vendors in the Surgical Imaging Devices market.

Europe will register the highest growth rate of 40.85% among the other regions. Therefore, the Surgical Imaging Devices market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.

US, China, Japan, Germany, France, UK

  • Increase in the prevalence of chronic diseases is the driving factor this market.

The Surgical Imaging Devices market vendors should focus on grabbing business opportunities from the FPD segment as it accounted for the largest market share in the base year.