Technavio, a tech-focused market research firm, has published a new report on the global fluoroscopy C-arms market, which is expected to experience a slow but steady market growth rate of around 4% during the forecast period.
This latest report by Technavio covers the market outlook and growth prospects of the global fluoroscopy C-arms market for 2016-2020, considering 2015 as the base year. In addition, an overview of the market, key leading countries, vendor landscape, and a detailed analysis of the top vendors operating in this market are covered in the report.
Based on geographical division, Technavio market researchers segment the global fluoroscopy C-arms market into the following key regions: The Americas, APAC, and EMEA.
Geographical segmentation of the global fluoroscopy C-arms market for 2015 (market share %)
|
Americas |
43.50% |
|
EMEA |
35.50% |
|
APAC |
21.00% |
Source: Technavio
The Americas: largest revenue generating region for fluoroscopy C-arms
The global fluoroscopy C-arms market in the Americas was valued at almost $347 million in 2015 and is estimated to post a CAGR of around 4% by 2020. Recent advancements in technology are enabling development and innovations in product design and application; thus, leading to the growth of the market in this region. The availability of reimbursements from Medicare and the replacement of fluoroscopy and mobile C-arm components in the American market is fueling the demand for these devices. The manufacturers in the market are also implementing strategies such as product line extension and product innovation to increase their revenue shares. During the forecast period, the US will emerge as the key revenue generator in the region during the forecast period.
“The replacement of old fluoroscopy and mobile C-arm devices with newer ones is expected to fuel growth in the American market during the forecast period. The hospitals and healthcare organizations are focusing on reducing waiting time and improving the quality of services by replacing old devices with newer equipment. The manufacturers are also introducing refurbished medical devices to promote clean energy and lower cost of purchasing new technology,” says Srinivas Sashidhar, a lead analyst at Technavio, specializing in research on medical imaging.
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Fluoroscopy C-arms market in EMEA
The global fluoroscopy C-arms market in EMEA was valued at almost $283 million in 2015 and is estimated to post a CAGR of about 4% by 2020. The increasing demand for orthopedic implants coupled with the high preference for MIS procedures will boost the growth of the market in this region. The vendors in the market are also investing in the development of technology to provide high-quality care at an affordable cost. The development of medical imaging technology and diagnostic devices will help medical professionals to understand and diagnose diseases better. Countries like the UK, Germany, Spain, and France will emerge as the key revenue generators in the region. The market is also witnessing a growing requirement for X-rays and ultrasound devices in the region.
Fluoroscopy C-arms market in APAC
The global fluoroscopy C-arms market in APAC was valued at around $167 million in 2015 and is estimated to post a CAGR of about 5% by 2020. The rising expenditure on healthcare and changing lifestyle of the population will fuel the growth of the market in APAC. The APAC market is still emerging, and technological innovations and improvement of healthcare infrastructures will help in the progress of the market in this region. Countries like China, India, Singapore, and Thailand will contribute to the highest revenues in the region during the forecast period.
The top leading vendors operating in the global fluoroscopy C-arms market are:
- GE Healthcare
- Philips Healthcare
- Siemens Healthcare
- Shimadzu
Other prominent vendors in the market include Allengers Medical Systems, EcoRay, Eurocolumbus, Hologic, INTERMEDICAL, ITALRAY, Omega Medical Imaging, OrthoScan, and Toshiba Medical Systems.
A more detailed analysis is available in the Technavio report titled, ‘Global Fluoroscopy C-arms Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
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- Global Biopsy Devices Market 2016-2020
- Global Teleradiology Market 2016-2020
- Global Cancer Diagnostic Devices Market 2016-2020
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