PUBLISHER: The Business Research Company | PRODUCT CODE: 1415635
PUBLISHER: The Business Research Company | PRODUCT CODE: 1415635
“Fixed And Mobile C-Arms Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on fixed and mobile c-arms market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for fixed and mobile c-arms? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The fixed and mobile c-arms market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
Fixed and mobile C-arms represent advanced imaging systems employed in diagnostic imaging and minimally invasive surgical procedures. These systems are characterized by a C-shaped arm structure, featuring an X-ray source at one end and an X-ray detector at the other. They deliver high-quality real-time X-ray imaging, often equipped with advanced imaging capabilities, offering invaluable guidance to surgeons across a spectrum of medical interventions.
The primary device categories of fixed and mobile C-arms encompass fixed C-arms, mobile C-arms, full-size C-arms, mini C-arms, and others. Fixed C-arms are integral to the field of medical imaging, providing real-time X-ray imagery for surgical and interventional processes. These devices utilize various technologies, including image intensifiers and flat panels, and serve applications such as gastroenterology, pain management, orthopedics and trauma, neurosurgery, cardiovascular procedures, and more. They are utilized by diverse end-users, including hospitals, diagnostic facilities, specialty clinics, and other healthcare providers.
The fixed and mobile c-arm market research report is one of a series of new reports from The Business Research Company that provides fixed and mobile c-arm market statistics, including fixed and mobile c-arm industry global market size, regional shares, competitors with a fixed and mobile c-arm market share, detailed fixed and mobile c-arm market segments, market trends and opportunities and any further data you may need to thrive in the fixed and mobile c-arm industry. This fixed and mobile c-arm market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The fixed and mobile c-arms market size has grown strongly in recent years. It will grow from $2.72 billion in 2023 to $2.87 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to rising demand for minimally invasive surgery, aging population, increasing prevalence of chronic diseases, government initiatives, rising demand for image-guided surgery.
The fixed and mobile c-arms market size is expected to see steady growth in the next few years. It will grow to $3.49 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to demand for ambulatory surgery centers (ascs), orthopedic surgery demand, increasing demand for pain management, government initiatives, growing demand for cardiovascular surgeries, increasing demand for neurosurgery. Major trends in the forecast period include advanced imaging capabilities, healthcare infrastructure expansion, technological advancements in portability, telemedicine integration, ai-powered software for image processing and analysis, robot-assisted surgery developments, 3d imaging, expanded use in outpatient settings.
The anticipated growth of the fixed and mobile C-arm market is expected to be driven by the increasing prevalence of chronic diseases. Chronic diseases are characterized by enduring illness lasting for three months or longer, with potential deterioration over time. Fixed and mobile C-arm devices offer real-time fluoroscopic and radiographic imaging capabilities, enabling healthcare professionals to visualize internal bodily structures. These devices provide numerous advantages in the diagnosis, treatment, and monitoring of patients dealing with chronic illnesses. For example, in January 2023, as reported by the National Library of Medicine, a US-based agency, it is projected that the number of individuals in the United States aged 50 and older with at least one chronic condition will surge by 99.5%, rising from 71.522 million in 2020 to 142.66 million by 2050. Consequently, the increasing prevalence of chronic diseases serves as a driving force behind the growth of the fixed and mobile C-arm market.
The growing incidence of orthopedic disorders is poised to act as a significant driver for the expansion of the fixed and mobile C-arms market in the foreseeable future. Orthopedic disorders, which encompass various physical disabilities impacting the musculoskeletal system including bones, joints, muscles, tendons, and ligaments, are becoming increasingly prevalent. To address and treat these disorders effectively, fixed and mobile C-arms play a crucial role in modern orthopedic medical practice. These imaging systems are instrumental in enhancing the precision and capabilities of surgeons, thereby reducing patient morbidity and improving overall surgical outcomes. For example, a report published by the Centers for Disease Control and Prevention in June 2023 indicates that an estimated 25.9% of the projected total adult population, equivalent to around 78.4 million individuals aged 18 and older, are expected to be affected by arthritis by the year 2040. Furthermore, around 25.7 million adults are currently experiencing limitations in their regular activities due to arthritis, and this number is projected to rise to approximately 35 million by 2040. Consequently, the escalating incidence of orthopedic disorders serves as a driving force behind the growth of the fixed and mobile C-arms market.
Healthcare regulations are anticipated to serve as a constraint on the fixed and mobile C-arm market in the foreseeable future. These regulations encompass the laws, rules, and guidelines that govern the healthcare sector, playing a crucial role in maintaining standards and overseeing the healthcare industry to ensure compliance with public health and safety standards. Fixed and mobile C-arm devices are subject to rigorous regulatory approval processes before they can enter the market and be employed by healthcare providers and patients. For instance, as of 2021, data from the American Hospital Association, a prominent healthcare organization in the United States, indicated that meeting regulatory requirements could impose a substantial financial burden on healthcare providers, amounting to nearly $39 billion annually. These requirements can also divert healthcare professionals' attention away from patient care, impacting the efficiency of healthcare delivery. Therefore, healthcare regulations are currently impeding the growth of the fixed and mobile C-arm market.
Prominent companies in the fixed and mobile C-arm markets are introducing advanced C-Arm systems as part of their strategy to gain a competitive advantage. Advanced C-Arm systems are sophisticated medical imaging devices utilized in a range of medical specialties, including surgery, orthopedics, cardiology, and interventional radiology. For example, in May 2023, Koninklijke Philips N.V., a Netherlands-based medical systems manufacturer, unveiled the Zenition 10 mobile C-arm system for both fixed and mobile C-arms. The Zenition 10 is specifically designed to enhance patient access to routine surgical care and is built upon Philips' cutting-edge flat panel detector technology, ensuring high-quality imaging. This versatile system supports various surgical procedures, catering to multiple medical specialties, and is engineered to offer an intuitive user experience for healthcare professionals.
In March 2021, Fujifilm Corporation, a Japanese provider of imaging and information solutions, completed the acquisition of Hitachi Ltd.'s diagnostic imaging business for $1.42 billion (€1.3 billion). This strategic move by Fujifilm Corporation is geared towards the expansion of its diagnostics division, enabling the company to provide a comprehensive solution that addresses a wide spectrum of clinical requirements. Hitachi Ltd. is a Japanese company known for manufacturing both fixed and mobile C-arms.
Major players in the fixed and mobile c-arms market are Hitachi Medical Corporation, Medtronic PLC, Siemens Healthineers, Fujifilm Holdings Corporation, Philips Healthcare, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Hologic Inc., Mindray Medical International Limited, Canon Medical Systems Corporation, Shimadzu Corporation, ATON GmbH, Toshiba Medical Systems Ltd., Neusoft Medical Systems Co. Ltd., Blue Sail Medical Co. Ltd., Wandong Medical Equipment Co. Ltd., Trivatron Healthcare, Ziehm Imaging GmbH, Allengers Medical Systems Ltd., Othoscan Inc., Genoray Co. Ltd., Eurocolumbus s.r.l., Intermedical S.r.l., BMI Biomedical International s.r.l., Italray .
North America was the largest region in the fixed and mobile C-arms market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in fixed and mobile C-arms report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the fixed and mobile C-arms market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The fixed and mobile C-arms market consists of sales of fixed angiography systems, fluoroscopy machines and CT scanners. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.