Fluoroscopy Devices Market Report Explored in Latest Research 2019 - 2027

Use of Fluoroscopy Devices in Various Medical Applications to Drive Global Market

• Fluoroscopy is the study of moving body parts analogous to X-ray imaging. Fluoroscopy equipment captures approximately 25 to 30 images per second of the body part on analysis. Fluoroscopy as a medical imaging tool helps physicians study several body systems such as digestive, skeletal, urinary, reproductive and respiratory.
• Fluoroscopy equipment are extensively used for orthopedic applications such as arthrography and barium X-rays. These are also used in other diverse examinations and procedures, such as lumbar puncture, cardiac catheterization, intravenous pyelogram, biopsies, hysterosalpingogram, and for the placement of intravenous catheters into arteries and veins.

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• Fluoroscopy is either used solely as a diagnostic procedure or in conjunction with other diagnostic procedures or therapeutic measures. Additionally, fluoroscopy is also used for locating foreign bodies inside the anatomy and injecting image-guided anesthetic into joints and percutaneous vertebroplasty.
• The fluoroscopy equipment market is expanding at a rapid rate due to increase in orthopedic surgeries among the global geriatric population. According to the Centers for Disease Control and Prevention, there were approximately 779,000 knee replacements and 432,000 hip replacements in the U.S. in 2017. However, the risk to radiation exposure, which can lead to mutations and other chronic diseases such as cancer, is restraining the growth of the fluoroscopy devices market. Moreover, preference for minimally invasive surgeries and use of CT and MRI may hinder the growth of the market.

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Key Drivers and Restraints of Global Fluoroscopy Devices Market

• Factors, such as aging population, increasing preference for minimally invasive procedures, and awareness about different medical conditions will contribute to the growth of the fluoroscopy devices market
• Increase in the number of hospitals globally will generate demand for fluoroscopy devices
• New players may face certain barriers, such as high initial investment and engineering cost and need for multidisciplinary product development teams. These barriers, however, are balanced by the rising demand for refurbished equipment.

Fixed Fluoroscopes Segment to Dominate Global Market

• Based on type of product, the global fluoroscopy devices market is categorized into fixed fluoroscopes and mobile fluoroscopes
• The mobile fluoroscope segment is sub-categorized into full-size fluoroscopes and mini fluoroscopes
• The fixed fluoroscopes devices type of product segment is expected to dominate the global fluoroscopy devices market between 2019 and 2027

Orthopedic and Cardiovascular Application Segment Offer Significant Growth Opportunities

• Based on application, the global fluoroscopy devices market can be divided into orthopedic cardiovascular, neurology, gastrointestinal, pain management & trauma, urology, general surgery, and other medical applications
• Increase in prevalence of cardiovascular diseases and orthopedic disorders across the globe is one of the major factors driving the global fluoroscopy market
• Cardiovascular processes involve comprehensive fluoroscopic advice to navigate endovascular catheters. Fluoroscopy offers outstanding spatial and temporal resolution limiting patients and personnel exposure to ionizing radiation, along with bad characterization of soft tissues.

North America to Dominate Global Market for Fluoroscopy Devices

• In terms of region, the global fluoroscopy devices market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• North America is expected to dominate the global fluoroscopy devices market, in terms of market share. The trend is expected to be continue during the forecast period
• According to the Centers for Disease Control and Prevention, it is estimated that approximately 10 to 11 million pain management interventions are carried out in the United States. This, in turn, will boost the demand for fluoroscopy devices.

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Key Manufacturers Operating in Global Market

The global fluoroscopy devices market was highly fragmented in 2018. Key manufacturers operating in the global market are:

• Hitachi, Ltd.
• GE Healthcare
• Koninklijke Philips N.V.
• Shimadzu Corporation
• Hologic, Inc.
• Siemens Healthcare Private Limited
• CANON MEDICAL SYSTEMS CORPORATION
• Carestream Health
• Ziehm Imaging GmbH
• ADANI
• Other Prominent Players

Global Fluoroscopy Devices Market: Research Scope

Global Fluoroscopy Devices Market, by Product

• Fixed Fluoroscopes
• Mobile Fluoroscopes
  • Full-size Fluoroscopes
  • Mini Fluoroscopes

Global Fluoroscopy Devices Market, by Application

• Orthopedic
• Cardiovascular
• Pain Management & Trauma
• Neurology
• Gastrointestinal
• Urology
• General Surgery
• Other Medical Applications

Global Fluoroscopy Devices Market, by End-user

• Hospitals
• Diagnostic Laboratories
• Ambulatory Surgery Centers
• Others

Global Fluoroscopy Devices Market, by Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia & CIS
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa