The global intraoperative imaging market was valued at US$ xx million in 2019. This market is estimated to be valued at US$ xx million in the year 2020, and it is expected to reach US$ xx million by the year 2025, with an estimated CAGR of xx% during the forecast period (2020−2025). High-resolution real-time pictures are offered by modern intraoperative imaging systems to enhance monitoring procedures. End-users such as hospitals are opting for latest intraoperative imaging systems as it helps in reducing the need of follow-up operations. Several comparative studies have proved that intraoperative MRI aids in improving hospital stay and net health outcome and reducing resection rate.
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Key players in the global intraoperative imaging market include: General Electric Company, Koninklijke Philips N.V., Siemens AG, Medtronic, Ziehm Imaging GmbH, Imris Inc. (Deerfield Imaging), Toshiba Corporation, Hitachi Medical Systems, Esaote SpA, Shimadzu Corporation, Carl Zeiss Meditec AG, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Brainlab AG, Neurologica Corporation, among others.
In September 2019, Brainlab, the digital medical technology company introduced the first mobile intraoperative imaging robot named- Loop-X at NASS 2019 in Chicago. Loop-X build with smart AI, big data, cloud computing, augmented reality and spatial computing technology and can be integrated with Brainlab technology as well as third-party products to assist in spinal surgeries.
By Product Type
- C-arm system
- ENT surgery
- Oncology surgery
- Trauma surgery/ emergency room
By End Users
- Ambulatory Surgery Centers
- Specialty Centers
Rising prevalence of orthopedic, neurological, and cardiac disorders is expected to propel the intraoperative imaging market growth. For instance, in January 2014, Healthcare and Utilization Project (HCUP) reported 70% increase in spinal fusion surgeries and 93% increase in knee arthroplasty performed during the time of 11 years in the U.S. hospitals. This trend is anticipated to continue with the acceptance of advanced intraoperative imaging systems. Moreover, according to American Academy of Orthopedic Surgeons, about 581,000 total knee replacements are done each year in the U.S. Therefore, for the treatment of these chronic disorders, there is a high requirement for advanced intraoperative imaging, which is expected to boost the market.
In addition, launch of new and innovative technologies by key market players is also expected to foster the market growth. For instance, in October 2019, BR Life SSNMC Hospital and Brains Neuro Spine Centre, a leading multi-super specialty hospital in India launched the Intraoperative 3D Reconstruction Medical Technology for Spine Surgery. However, technical expertise required to operate such advanced devices can act as a hindrance to market growth.
Regions Covered in this Report:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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