The global intraoperative imaging market was valued at USD 1.9 billion in 2021 and it is anticipated to grow further till USD 3.3 billion by 2031, at a CAGR of 5.6% during the forecast period.
Global Intraoperative Imaging Market report from Global Insight Services is the single authoritative source of intelligence on Intraoperative Imaging Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
During surgery, the surgeon uses the intraoperative imaging system, an optical imaging device, to obtain a fast and detailed image of the surgical site. Through the use of images of the organ, tissue, or cell that the surgeon will be operating on, intraoperative imaging assists the surgeon. Intraoperative ultrasound, intraoperative CT, intraoperative MRI, intraoperative X-ray, and mobile C-arm are a few examples of intraoperative imaging equipment. These tools are utilized in a variety of surgical operations, including gastrointestinal surgery, heart surgery, neurosurgery, and cancer surgery.
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Market Trends and Drivers
Intraoperative imaging has seen considerable changes and technological breakthroughs over the past ten years in the medical device industry, including the emergence of specialized imaging technologies and portable/handheld/smartphone-based intraoperative imaging equipment. Comparatively to conventional imaging devices, technologically sophisticated intraoperative imaging systems provide faster results, better image quality, simpler consoles, and easier operations.
The major market participants in intraoperative imaging are putting more and more emphasis on releasing cutting-edge technology. The focus of innovation in this sector is on creating affordable, cutting-edge technology intraoperative imaging equipment. The noise/sound generated by intraoperative imaging devices has decreased, which is a significant technological breakthrough. Important players have consistently developed products that make a lot less noise. Such developments concentrate on enhancing the capabilities of intraoperative imaging systems and broadening their application domains, which raises end customers’ demand for these systems.
Market Restraints and Challenges
The price of and installation costs for intraoperative imaging systems are high, which raises the cost of the patient’s procedure. This has an impact on how quickly new systems are adopted, particularly in developing nations where the majority of healthcare facilities cannot afford such technologies. When healthcare organizations invest in such expensive systems, they frequently rely on third-party payers (such as Medicare, Medicaid, or commercial health insurance plans) to cover the expenses of diagnostic and therapeutic operations carried out using these systems. As a result, medium-sized and small healthcare facilities are unable to invest in cutting-edge intraoperative imaging modalities due to reasons such as ongoing reductions in reimbursements for intraoperative imaging scans and the rising cost of intraoperative imaging equipment.
Global Intraoperative Imaging Market Segmental Overview
The report analyses the global intraoperative imaging market based on the product, component, application, end use, and region.
Global Intraoperative Imaging Market by Product
Based on the product, it is segmented into iCT, iUltrasound, iMRI, and C-arm System. In 2021, the C-arm segment led the market and had the highest revenue share. This is because of its mobility, which enables it to man oeuvre around the patient to find the ideal angle for a high-quality image while keeping the patient at ease. Additionally, the segment is projected to be driven during the forecast period by technological advancements.
Major Players in the Global Intraoperative Imaging Market
The key players studied in the report are General Electric Company (US), Siemens Healthineers AG (Germany), Ziehm Imaging GmbH (Germany), Medtronic (Ireland), Koninklijke Philips N.V. (Netherlands), Canon Healthcare (Japan), Stryker (US), Brainlab AG (Germany), IMRIS (US), Shimadzu Corporation (Japan), Shenzhen Anke High-tech Co. (China), Hitachi, Ltd. (Japan), FUJIFILM Holdings (Japan), Carl Zeiss Meditec AG (Germany), and Mindray Ltd. (US) among others
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