The fixed and mobile c-arms market size was evaluated at $1.35 billion as of 2018. Furthermore, the forecast period 2019-2025 is projected to witness a growth in the c-arms market demand at a CAGR of 4.76%.
With the emergence of state-of-art imaging technologies that have been bringing a remarkable shift in the medical imaging industry, the c-arms market is booming. The fixed and mobile c-arms market size is significantly augmented due to the growth of minimally invasive surgery, which has gained a propitious prominence in the healthcare industry. This is because fixed and mobile c-arms enable procedural intelligence that optimize clinical operations involved in minimally invasive surgery. The fixed c-arms market is further expanding due to the synchronization of c-arms technique with the latest high-end technologies such as 3-D navigation and integration with image processing software that improves image quality. This makes it useful for a gamut of medical operations such as trauma and cardiovascular surgery. The players are coming up with the integration of the conventional x-ray technique with the latest technology to increase their fixed and mobile c-arms market share. For instance, cardiac and vascular models of GE Healthcare’s imaging systems utilize motion tolerance subtraction (MTS) which enables real-time subtraction without a masked image. This leads to a single contrast media injection that helps physicians perform complete extremity run-off in a single imaging run.
The major forces aiding to the swell in the fixed and mobile c-arms market size are the rising geriatric population and the prevalence of cardiovascular diseases. Additionally, its application in urology, neurology, and thoracic surgery is further augmenting the scope for the c-arms market companies. The growth prospects in the c-arms market can be gauged by the growing trade of healthcare imaging equipment across the globe.
In 2018, $24.04 billion worth imaging equipment was traded across the globe, and the value witnessed a considerable year on year growth of 9%. A substantial part of it is attributable to the surging demand for c-arms.
As a result of growth factors coupled with the stupendous rise of the associated market such as endoscopy, the fixed and mobile c-arms market size was evaluated at $1.35 billion as of 2018. Furthermore, the forecast period 2019-2025 is projected to witness a growth in the c-arms market demand at a CAGR of 4.76%.
· The Canadian Healthcare Industry: A Lucrative Fixed and Mobile C-Arms Marketplace –
The total healthcare spending was estimated to be $253.3 billion in 2018. This expenditure includes money spent on medical imaging and devices such as x-rays and fixed and mobile c-arms. The increase in the number of people suffering from chronic and cardiovascular diseases, the country’s healthcare expenditure industry is poised to grow further, which will create a myriad of opportunities in the fixed and mobile c-arms market.
Similarly, Mexico is also proving to be a profitable c-arms marketplace. The North America c-arms market growth can be further fathomed by the increasing import of medical imaging devices that include x-ray and c-arms. Here’s the table that shows the import of entities in the parent industry –
Table 1 – The Import of Medical Imaging Devices
|
Sr. No. |
Country |
Import Value in 2018 (USD Million) |
Share in World’s Import (%) |
|
1 |
Canada |
$370.32M |
1.5 |
|
2 |
Mexico |
$357.37M |
1.5 |
|
3 |
The US |
$4,532.28M |
18.9 |
These three countries represent a major share of 21.9% in the world’s import of the medical imaging devices such as x-rays and c-arms. Furthermore, Mexico and the US also saw growth in the import value by 4% and 7% which evinces the growing c-arms market scope in those countries.
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