Digital Fluoroscopy System Market
Regional Analysis:-
North America is expected to lead
Digital
Fluoroscopy System Market due to high prevalence of medical conditions such
as varicose veins, pulmonary embolism, peripheral artery disease, and pulmonary
embolism. According to a study conducted by Center for Disease Control and
Prevention (CDC), in 2016, more than 8.5 million people in U.S. are suffering
from peripheral artery disease, out of which more than 12% are geriatric
population. According to a survey conducted by National Institute of Health
(NIH), in 2016, more than 40 million people in the U.S. are diagnosed with
varicose veins. Such high prevalence of diseases can drive growth of the North
America digital fluoroscopy system market as digital fluoroscopy system is used
for diagnosis of these diseases.
Europe digital fluoroscopy system
market is expected to witness significant growth due to launch of innovative
digital fluoroscopy systems. For instance, in 2015, Koninklijke Philips N.V.
launched ProxiDiagnost N90 DRF system. This device is a two in one digital
radiography and fluoroscopy system, which provides high quality images with
fast supporting workflow and increases room utilization. This system also gives
high patient accessibility i.e. the system has small footprint area, open
overhead table and area this enables technicians and caregivers to be close to
the patient during the procedures causing no hindrance. Moreover, in February,
2019, Siemens Healthineers (Germany) launched the Artis icono biplane, a new
interventional angiography systems. This new product line is intended to
support both radiology and cardiology interventional procedures using a novel
detector positioning design.
Digital fluoroscopy is form of
X-ray that enables technician to visualize deep structures of the body. Digital
fluoroscopy provides detailed images of different organs such as intestine,
cardiac muscle, bladder, and stomach. Conventional X-ray records images to a film,
while digital fluoroscopy helps in recording a series of images to the
computer. Digital fluoroscopy is majorly used to check and evaluate the
gastrointestinal tract, which includes stomach, esophagus, duodenum and the
colon.
Furthermore, it is used to diagnose
tumors, ulcers, hiatal hernias, scarring, reflux, inflammation, and blockages.
It examines and evaluates kidney function in venography and angiography
procedures (placement of tubes in veins and arteries) and pain management
procedures (nerve root blocks). Procedures that use fluoroscopy are orthopedic
surgery, podiatric surgery, angiography, placement of Peripherally Inserted
Central Catheter (PICC), placement of weighted feeding tube in the duodenum,
urological surgery, cardiology, discography, lumbar puncture, and modified
barium swallow study.
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Digital Fluoroscopy System Market
Dynamics:-
Increasing number of orthopedic
surgeries and angiography are major drivers for growth of global digital
fluoroscopy system market. According to a survey conducted by American Academy
of orthopedic surgeons, in 2014, more than six million patients were reported
for knee replacement surgeries, more than three million patients were reported
for hip replacement surgeries and more than four million patients were reported
for spinal fusion surgeries.
Moreover, innovation in
fluoroscopy devices is expected to fuel digital fluoroscopy system market
growth. For instance, in 2015, Care Stream Health Corporation launched
Carestream DRX Excel and Carestream DRX Excel Plus, this devices enhance
workflow using fluoroscopy. These devices records both fluoroscopy and radiography
sequences. Approvals of new products by regulatory bodies are also driving
growth of the digital fluoroscopy system market size. For instance, in April
2018, Afga Healthcare received Food and Drug Administration (FDA) approval for
DR multipurpose imaging system. It is a solution for digital radiography,
digital fluoroscopy, and advanced clinical applications such as use of image
processing software ‘DYNAMIC MUSICA’ for both static and dynamic (moving)
images.
Furthermore, mergers and
acquisitions by key players are boosting growth of the digital fluoroscopy
system market. For instance, in 2016, Canon Inc. acquired Toshiba’s Medical
Equipment Unit. Canon is focused on developing new medical imaging, digital
radiography, and fluoroscopy solutions along with Health IT software solutions.
Collaborative agreement by key
players for service expansion is expected to drive digital fluoroscopy system
market growth. For instance, in 2015, GE Healthcare entered into a 7-year
collaborative agreement with Temple University Health System to expand
radiology-based services. This initiative was also undertaken to address
challenges pertaining to market competition, cost control and patient outcomes.
High cost of devices and novel
procedures in pipeline, which may provide better result than fluoroscopy are
restraining growth of the digital fluoroscopy system market. For instance,
endoscopic retrograde cholangioscopy procedure using spy glass rather than
digital fluoroscopy to detect bile duct stones has completed phase three
clinical trials in 2017, this is sponsored by Boston Scientific Corporation, a leading
medical device company.
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In addition, in February 2019,
Royal Philips launched Philips Zenition, its new mobile C-arm imaging platform.
Mobile C-arms are X-ray systems that are brought into the operating room (OR)
to provide live image guidance during a wide range of surgeries including
orthopedic, trauma and vascular procedures
Moreover, Asia Pacific digital
fluoroscopy system market is expected to grow at significant rate due to
advancement in digital fluoroscopy equipment i.e. C arms and innovation in
technology of digital fluoroscopy systems. For instance, in 2016, Toshiba
Corporation launched Infinix-i sky and double sliding C arm. This device helps
C arms to be positioned in many ways to perform all procedures with ease. It
helps the clinicians increase their speed, coverage, and patient access.
Digital Fluoroscopy System Market
Key Players:-
Key players operating in global
digital fluoroscopy system market include Philips Healthcare, GE Healthcare,
Siemens Health, Toshiba Medical Systems, Shimadzu Medical, Ziehm Imaging,
Hitachi Medical Systems, Orthoscan Inc. and Hologic Corporation.
In January 2016, Shimadzu
released the Xslicer SMX-6000 Microfocus X-Ray Inspection System. This was the
first System from Shimadzu that Integrated Inclined Fluoroscopy and CT Imaging
into a Single Package. Besids, in October 2015, Siemens Healthcare introduced
first Twin Robotic X-Ray system. This Twin Robotic X-Ray system enables a wide
variety of examinations in a range of clinical areas to be performed using only
a single X-ray system. In addition to this, the system also makes it possible
to perform fluoroscopy examinations.
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