Fluoroscopy is the imaging
technique, which enables the physicians to visualize body parts in detail. The
techniques works by passing X – ray beam continuously through the body to
create real time images which are transmitted to the monitor for display.
Statistics:
The global Fluoroscopy
and C-Arms Market is estimated to account for US$ 3,417.0 Mn in terms of
value by the end of 2019.
Global Fluoroscopy and C-Arms
Market: Drivers
High prevalence of cardiovascular
diseases is expected to propel growth of the global fluoroscopy and c-arms
market over the forecast period. For instance, according to the American Heart
Association's Heart and Stroke Statistics 2019 Update, around 48% of all adults
in the U.S. suffered from some type of cardiovascular disease in 2016.
Global Fluoroscopy and C-Arms
Market: Opportunities
Issuance of guidelines regarding
the use of fluoroscopy and c-arms is expected to offer lucrative growth
opportunities for players in the global fluoroscopy and c-arms market. For
instance, in April 2019, manufacturers received inquiries from facilities in
regards to The Joint Commission requirements for Organizations providing
fluoroscopy services effective on January 1, 2019. These new requirements,
specifically in regards to the performance evaluation assessment, are
understood to be purposefully non-prescriptive in order to allow a facility to
find an appropriate methodology and approach to demonstrate compliance.
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Global Fluoroscopy and C-Arms
Market: Restraints
High cost of fluoroscopy imaging
system and c-arms is expected to hinder growth of the global fluoroscopy and
c-arms market. The price of C – arms is
comparatively higher to traditional X – ray systems due to which the adoption
of these systems in low and middle income countries is low.
Key Takeaways:
The global fluoroscopy and c-arms
market was valued at US$ 3,417.0 Mn in 2019 and is forecast to reach a value of
US$ 4,897.6 Mn by 2027 at a CAGR of 4.6% between 2020 and 2027. High prevalence
of cardiovascular diseases is expected to propel growth of the global
fluoroscopy and c-arms market over the forecast period.
C-Arms segment held dominant
position in the global fluoroscopy and c-arms market in 2019, accounting for
77.0% share in terms of value, the growth of the segment is attributed to
increasing product launches during the forecast period.
Market Trends
Major players in the global
fluoroscopy and c-arms market are focused on approval and launch of new devices
to expand their product portfolio. For instance, in August 2020, Royal Philips
announced new imaging and workflow enhancements for its novel KODEX-EPD cardiac
imaging and mapping system. The system is now being used to treat patients with
Atrial Fibrillation.
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High prevalence of traumatic
diseases is expected to propel growth of the global fluoroscopy and c-arms
market. For instance, according to January 2018 factsheet of the World Health
Organization, 20–30% of older people who fall suffer moderate to severe
injuries such as bruises, hip fractures, or head trauma, in the U.S.
Global Fluoroscopy and C-Arms Market:
Competitive Landscape
Major players operating in the
global fluoroscopy and c-arms market include, GE Healthcare, Koninklijke Philips
N.V. Siemens Healthineers, Hologic, Inc., and Ziehm Imaging.
Global Fluoroscopy and C-Arms
Market: Key Developments
Major players in the global
fluoroscopy and c-arms market are focused on adopting M&A strategies to
enhance their market share. For instance, in August 2020, Ziehm Imaging
acquired Therenva, a France-based developer of planning and imaging software
tools for cardiovascular procedures.
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