The global intraoperative imaging market is predicted to grow at 6.1% CAGR during the forecast period with the market size reaching USD 2.6 billion by 2024. Different products such as mobile c-arms, intraoperative computed tomography, intraoperative magnetic resonance imaging, and intraoperative ultrasound are majorly contributing to the intraoperative imaging market size. The market has witnessed significant demand for mobile c-arm over the last few years due to the mounting occurrence of cardiovascular diseases, and expanding number of orthopedic surgeries.
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Key factors hindering the growth of the intraoperative imaging market are the high cost of the intraoperative imaging device, strict regulatory requirement, and lack of skilled professionals. In addition, risks and complications using intraoperative devices is also having a negative impact on the growth of the intraoperative devices market
Geographically, North America is the largest intraoperative imaging market as the region the demand for the minimally invasive procedure is increasing and well-developed healthcare infrastructure. In addition, the mounting occurrence of chronic diseases and lifestyle associated diseases, and expanding geriatric population are also fueling the growth of the North American intraoperative imaging market. For instance, according to GLOBOCAN in the U.S., approximately 1.6 million new cancer cases were diagnosed and there were 0.6 million cancer deaths in 2012.
Asia-Pacific is observed to witness significant growth in the intraoperative imaging market during the forecast period, as the region comprises of a large population, government initiatives in establishing innovative technologies, and refining healthcare infrastructure. Moreover, intensifying healthcare expenditure, expanding the geriatric population, growing occurrence of orthopedic disorder, demand for refined medical service, and mounting occurrence of chronic diseases and lifestyle associated diseases are also facilitating the significant growth of Asia-Pacific intraoperative imaging industry.
Market players in the intraoperative imaging industry are investing capital to develop technologically advanced systems. In November 2017, Ziehm Imaging strengthens its position in mobile C-arm imaging by the introduction of CMOS line, which completes CMOS portfolio from compact mini C-arms to powerful high-end devices. Medtronic Plc, Ziehm Imaging GmbH, General Electric Company, Koninklijke Philips NV, Toshiba Corporation, Siemens AG, Brainlab AG, and Shimadzu Corporation are some of the key players offering solutions for intraoperative imaging.
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