Image Guided Surgery Devices Market, Survey, Explanation, Forecast to 2024


Posted February 13, 2019 by vynzresearch

The global image-guided surgery devices market is predicted to grow at 7.1% CAGR during the forecast period with the market size reaching USD 6.3 billion by 2024.

 
The global image-guided surgery devices market is driven by the factors such as expanding the geriatric population, expanding the geriatric population, escalating occurrence of chronic diseases, and mounting occurrence of neurosurgery. Moreover, escalating adoption of minimally invasive surgery, intensifying healthcare expenditure, the mounting occurrence of neurological disorders, and mounting awareness of healthcare are further fuelling the growth of the market.

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The market for image-guided surgery devices is primarily driven by increasing demand and penetration of image-guided surgery devices. It visually correlates intraoperative anatomy with preoperative CT scan. Image-guided surgery devices are used for guiding surgeons during the surgery. It enhances accuracy during the surgery, decreases procedure time, reduces complexity, and insignificant surgical scar.

The different applications of, the image-guided surgery devices market are cardiac surgery, neurosurgery, orthopedic surgery, urology, gastroenterology, oncology surgery, and others. Of all these applications, the orthopedic surgery category is predicted to witness the highest CAGR during the forecast period owing to expanding the geriatric population, and mounting occurrence of road accidents.

North America accounted for the major share in the image-guided surgery devices industry in 2017, globally as the occurrence of neurological disorder is increasing, availability of a skilled professional, escalating healthcare awareness, and expanding the geriatric population.

Asia-Pacific is observed to witness the fastest growth in the image-guided surgery devices market, owing to mounting healthcare expenditure, intensifying healthcare awareness, escalating occurrence of chronic diseases, and a large population base.

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Key players in the image-guided surgery devices industry are investing in the development of advanced, which is strengthening their position in the marketSiemens AG, Koninklijke Philips N.V, Medtronic Plc, Stryker Corporation, Hitachi, Ltd., Varian Medical Systems, Inc., Smith & Nephew plc, KARL STORZ GmbH & Co. KG., Zimmer Holdings, Inc., and General Electric are some of the key players offering image-guided surgery devices.

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Last Updated February 13, 2019