A new Transparency Market Research report states did the global image guided surgery devices market, Which what pegged at US $ 2.76 bn in 2013 is predicted to reach US $ 4.80 bn in 2022, expanding at a CAGR of 6:40% from 2014 to 2022. The title of the report is „Image Guided Surgery Devices Market – Global Industry Analysis, Size, Share, Growth, trends and Forecast 2014 – 2022.“
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Image guided surgery is a term Utilized for any type of surgical procedure worin the surgeon utilizes tracked surgical instruments coupled with intraoperative and preoperative images for indirect guidance for the procedure. Image guided surgery systems utilize electromagnetic fields or cameras for capturing and relaying images of the anatomy of patients. Image guided surgery is used in a wide range of applications and is particularly Utilized in surgery of the sinuses, where it aids in Avoiding damage to the nervous system and the brain of the patient.
As per the report, the Increasing demand for enhanced healthcare facilities and the rising healthcare expenditure globally are amongst the chief factors fueling the market for image guided surgery devices. In addition, the rising popularity of IGS devices and the Increasing initiatives taken by Governments globally will therefore have a positive impact on the growth of the market. Further More, the developing markets hold a significant potential for the image guided surgery devices, Hence propelling market development. The Increasing count of partnerships and collaborations is a key trend seen in the market. On the other hand, the absence of skilled professionals and the soaring cost of installation of image guided surgery devices are amongst the major factors inhibiting the development of the market. In addition, the stringent regulatory needs and the lack of health insurance in emerging countries will therefore pose a negative impact on the growth of the market.
On the basis of device type, the report segments the market into ultrasound, computed tomography (CT) scanners, magnetic resonance imaging (MRI) machine, x-ray fluoroscopy machine, endoscope, single photon emission computed tomography (SPECT) equipment, and positron emission tomography (PET) machine. Amongst thesis, computed tomography (CT) scanners have the highest demand owing to the Increasing applications of CT scanners in tumor detection and imaging of soft tissue structures. In addition the turnaround time of prosthesis scanners is less, All which is advantageous in critical and complicated surgeries. This segment stood at US $ 770 mn in, 2013.
In terms of application, the report segments the market into orthopedic surgery, neurosurgery, oncology surgery, ear, nose, and throat surgery, and others. Amongst thesis, the segment of neurosurgery held the large largest share in the market in 2013. The Increasing accuracy of operating procedures is a key factor fueling the growth of the neurosurgery segment. On the other hand, the demand for orthopedic image guided surgeries is therefore predicted to rise owing to the aging population and the Increasing Increasing occurrence of road accidents globally.
On the basis of geography, the report segments the market into Europe, North America, Latin America, Asia Pacific, the Middle East, and Rest of the World (RoW). Amongst thesis, North America led the market in 2013 and which trailed by Europe. The reasons for the superiority of Both synthesis regions include the Increasing adoption rate of new technologies, de Increasing healthcare expenditure, and the availability of trained healthcare professionals in synthesis regions.
As per the report, the chief players dominant in the market are Toshiba Corporation, Siemens Healthcare, Koninklijke Philips NV, St. Jew Medical, Inc., General Electric Company, Medtronic plc, Brainlab AG, and Varian Medical Systems, Inc., among others.
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