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Fluoroscopy Equipment Market Size, Outlook, Segments, Industry Insights and 2031 Forecasts

Kenneth Research has recently added a report titled Fluoroscopy Equipment Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2022-2031.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Fluoroscopy Equipment Market products.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Global Fluoroscopy Equipment Market is valued approximately USD 5.63 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.8 % over the forecast period 2020-2027. Fluoroscopy is a type of medical imaging that shows a continuous X-ray image on a monitor, performed to evaluate specific areas of the body like heart, kidneys, or lungs. Technological advancements in digital flat-panel detectors (FPDs) has brought about significant advancements in fluoroscopic imaging. FPDs are better than its predecessors (traditional X-ray image intensifier technology) as it reduces the radiation level and provides a much better image resolution. In addition to this fluoroscopy equipment are compact in size thus, more and more hospitals are adapting to this equipment. Fluoroscopy equipment have “Data-integrated imaging systems” enabling reconstruction of images and assessment of the medical condition.

This equipment combined with a software package to store patient’s information can be accessed from anywhere and would add to the growth of the market. As of 2019, Siemens Healthineers (Germany) launched the Artis icono biplane, an angiography system with special functions for neuroradiology. Similarly, in August 2015, GE Healthcare entered into a 7-year collaborative agreement with Temple University Health System to expand radiology-based services. However, this efficient technology comes at a terrific cost, Fluoroscopy procedure works by passing radiation through the body, and since this is a time-consuming process the exposure to radiation is immense which has adverse effects on the skin and other organs, prolonged exposure can result in cancer.

The regional analysis of global Fluoroscopy Equipment market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing increasing incidence of overuse sports injuries, rising prevalence of CVD, and the increasing number of hip and knee replacement surgeries. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as, growing geriatric population in Japan and China and the healthcare reforms and government initiatives & investments in several APAC countries. would create lucrative growth prospects for the Fluoroscopy Equipment market across Asia-Pacific region.

Major market player included in this report are:
Siemens Healthineers (Germany)
GE Healthcare (US)
Philips (Netherlands)
Shimadzu Corporation (Japan)
Ziehm Imaging GmbH (Germany)
Toshiba Medical Systems Corporation (Japan)
Hitachi Ltd. (Japan)
Carestream Health Inc. (US)
Hologic, Inc. (US)
Lepu Medical Technology Co., Ltd. (China)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:

By Products:
Fixed C-Arms
Fluoroscopy Systems (Remote Controlled, Patient Side)
Mobile C-arms
By Application:
Diagnostic (Cardio, Gastroenterology, Nephrology)
Surgical (Ortho, Neuro, Cardio)
By Surgical:
Ortho
Neuro
Cardio

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Fluoroscopy Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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About Kenneth Research

Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.

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