PUBLISHER: Polaris Market Research | PRODUCT CODE: 1449449
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1449449
The global Intraoperative Imaging market size is expected to reach USD 5.65 billion by 2032, according to a new study by Polaris Market Research. The report "Intraoperative Imaging Market Share, Size, Trends, Industry Analysis Report, By Product (X-ray, C-arms, Intraoperative Ultrasound); By Application; By End-User; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Intraoperative imaging has experienced significant innovation, driven by impressive technological advancements that have elevated its status in medical diagnostics. Developments like artificial intelligence, integrated multimodal imaging techniques, and augmented and virtual reality technologies are pivotal in driving market expansion. Additionally, there is increasing interest in creating portable, handheld imaging devices that are versatile enough for various clinical environments, including emergencies and trauma cases.
Regulatory policies have a substantial influence on intraoperative imaging devices, ensuring patient safety, enhancing care quality, and stimulating innovation in medical device technology. However, meeting these regulations can be expensive for manufacturers, potentially impacting the devices' cost and accessibility. Overall, regulatory policies are crucial for maintaining the safety, effectiveness, and quality of intraoperative imaging devices.
Emerging economies like South Africa, Russia, Turkey, South Korea, Brazil, India, and China present significant growth prospects for leading players in the intraoperative imaging market. Despite cost concerns in these developing nations, their large populations, particularly in India and China, indicate a sustainable market for intraoperative imaging devices. These countries also face higher incidences of chronic diseases such as cardiovascular diseases, neurological surgery, nephrology, stroke, and cancer, leading to a greater need for early detection. For example, according to GLOBOCAN data, around half of the global cancer cases were reported in developing regions. Furthermore, regulatory policies in Asia-Pacific nations are more flexible and conducive to business compared to Western countries. The intensifying competition in mature markets is expected to drive intraoperative imaging system manufacturers to focus more on emerging markets.
The C-arm segment dominated the market in 2023, driven by its ability to maneuver around the patient, ensuring optimal imaging angles while keeping the patient comfortable.
The neurosurgery segment led the market in 2023 and is expected to maintain its dominance due to the growing prevalence of neurological disorders such as multiple sclerosis, brain tumors, migraine, Parkinson's disease, epilepsy, stroke, Alzheimer's disease, and other forms of dementia.
North America holds a significant revenue share in the global Intraoperative Imaging market, driven by the widespread modern intraoperative technologies and rising per capita income.
The global key market players include GE HealthCare, Siemens Healthcare GmbH, Medtronic plc, Koninklijke Philips N.V., Canon Medical Systems Corporation, Shimadzu Corporation (Medical Systems), Brainlab AG, Ziehm Imaging GmbH, IMRIS and NeuroLogica Corp.
Polaris Market Research has segmented the Intraoperative Imaging market report based on product, application, end-user and region: