News | Mobile C-Arms | September 27, 2021

The increasing demand for minimally invasive surgeries is set to drive market growth 

Image courtesy of Ziehm


September 27, 2021 — According to the statistics by the World Health Organization (WHO), in the year 2019, around 17.9 million people died from cardiovascular diseases (CVDs), which represented 32% of all global deaths. Further, according to the statistics by the International Osteoporosis Foundation (IOF), by the end of 2050, incidences of hip fracture in men and women are expected to grow by 310% and 240% respectively as compared to the rates in the year 1990. Besides this, in other statistics by the WHO, globally, around 1.71 Billion people have musculoskeletal conditions.

Research Nester, in its repository of market research reports, has recently added a topic on “Global C-Arm & Mini C-Arm Market” which is studied for the forecast period 2020-2028. The report elucidates the various strategies adopted by the market players and also includes a detailed analysis of the key market dynamics that are associated with the growth of the market in the coming years.

The elderly population around the world is multiplying every year. According to the statistics by the World Bank, the share of the total population aged 65 and above around the world increased from 6.874% in the year 2000 to 9.318% in the year 2020. With the growing geriatric population, there is a rising concern for the increasing incidences of different types of diseases amongst these individuals worldwide, which in turn, is raising the need for various minimally invasive surgical procedures. The rise in the number of surgeries worldwide is therefore expected to contribute to the demand for surgical equipment, and in turn, drive the growth of the global C-arm and mini C-arm market during the forecast period. The market garnered a revenue of $2170.9 million in the year 2019 and is expected to touch a revenue of USD 3050.6 Million by the end of 2028, by growing with a CAGR of 4.9% during the forecast period. 

The global C-arm and mini C-arm market is also projected to grow on account of the growing adoption of robotic surgeries worldwide, backed by the increasing effectiveness of the use of these surgical devices. Between 2012 and 2019, for all general surgery procedures, the use of robotic surgery increased from around 2% to close to 16%.

The global C-arm and mini C-arm market is segmented on the basis of region into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Out of these regions, the market in North America is anticipated to hold the largest market share during the forecast period. The market, which registered a market revenue of USD 835.78 Million in the year 2019, is further expected to garner USD 1149.77 Million by the end of 2028. The market in the region is also expected to grow with a CAGR of 4.7% during the forecast period. The market in the region is further divided on the basis of country into the United States and Canada. Amongst the market in these regions, the market in the U.S. is expected to garner the largest market revenue of USD 813.48 Million by the end of 2021. The market in the country is also expected to hold a majority of the market share during the forecast period.

The market in Europe is expected to hold the second-leading share during the forecast period and further attain a market revenue of USD 934.93 Million by the end of 2028, up from a revenue of USD 683.82 Million in 2019. The market in the region is further projected to grow with a CAGR of 4.5% during the forecast period.  The market in the region is segmented by country into the United Kingdom, Germany, France, Italy, Spain, Russia, the Netherland, and the Rest of Europe. Amongst the market in these countries, the market in Russia garnered the second-leading share in the year 2019 and registered a market revenue of USD 143.96 Million in the same year. Further, by the end of 2028, the market in the region is expected to reach USD 191.47 Million.

For more information: www.researchnester.com/sample-request-3290


Related Content

News | RSNA

July 23, 2024 — Professional registration is open for RSNA 2024, the world’s largest radiology forum. This year’s theme ...

Time July 23, 2024
arrow
News | Artificial Intelligence

July 23, 2024 — Researchers at the National Institutes of Health (NIH) found that an artificial intelligence (AI) model ...

Time July 23, 2024
arrow
News | Artificial Intelligence

July 22, 2024 — Healthcare artificial intelligence (AI) systems provider, Qure.ai, has announced its receipt of a Class ...

Time July 22, 2024
arrow
News | Radiology Business

July 19, 2024 — GE HealthCare announced it has entered into an agreement to acquire Intelligent Ultrasound Group PLC’s ...

Time July 19, 2024
arrow
News | Radiology Education

July 19, 2024 — Core tactics to address the current medical imaging and radiation therapy workforce shortage and build ...

Time July 19, 2024
arrow
News | Computed Tomography (CT)

July 18, 2024 — NeuroLogica Corp, a subsidiary of Samsung Electronics Co. Ltd., announced its latest configuration of ...

Time July 18, 2024
arrow
News | Digital Radiography (DR)

July 18, 2024 — At the Annual Meeting of AHRA (the Association for Medical Imaging Management), Agfa Radiology Solutions ...

Time July 18, 2024
arrow
News | Artificial Intelligence

July 17, 2024 — Hyperfine, a groundbreaking medical device company that has redefined brain imaging with the world’s ...

Time July 17, 2024
arrow
News | Magnetic Resonance Imaging (MRI)

July 16, 2024 — Fujifilm Healthcare Americas Corporation, a leading provider of diagnostic and enterprise imaging ...

Time July 16, 2024
arrow
News | Radiology Business

July 15, 2024 — Vizient, Inc. announced a strategic partnership with leading carbon accounting platform provider Greenly ...

Time July 15, 2024
arrow
Subscribe Now