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Growing prevalence of cancer in the healthcare industry has led to an upsurge in demand for radiation therapy. Surge in demand for radiation therapy in the healthcare industry is projected to boost growth of the global market. Moreover, increasing demand for security checks at the airport will fuel demand for the fluoroscopy equipment in the aviation industry globally. A recently compiled report by Fact.MR reveals that the global fluoroscopy therapy market is expected to reflect a CAGR of 4.7% in the global market of fluoroscopy equipment throughout 2022.
Hospital to Represent a Dominant Segment
Conventional products is expected to sell more than the remote-controlled products in the healthcare industry. Sales of the conventional products is likely to generate significant revenues in the healthcare industry globally. Currently, the conventional product type segment is projected to represent more than US$ 400 Mn in the global market of fluoroscopy equipment by 2022-end.
With growing need for treatment of cancer in the healthcare industry, the hospitals are likely to represent the major end user globally. Increasing adoption for treatment of cancer in the healthcare industry is projected to rev up the sales of the fluoroscopy equipment globally. The hospital end user segment is projected to represent more than US$ 400 Mn by 2017-end. The diagnostic centres and the other end user segment will also contribute towards growth of the global market through 2022. Demand for the fluoroscopy equipment will continue to remain concentrated towards treatment of cardiology diseases. The cardiology application type segment is represent more than US$ 300 Mn by 2022-end. However, gastroenterology application type segment is projected to represent a relatively high CAGR in the global market of fluoroscopy equipment throughout 2022.
Significant Demand in the Aviation Industry
Application and adoption of fluoroscopy extends beyond the healthcare industry. Fluoroscopy devices also witness considerable demand in the airports to scan for hidden bombs and weapons. However, these devices use relatively lower doses of radiation as compared to the medical devices, which have relatively low impact on the food products, and gadgets scanned.
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Against this backdrop, there is strong need for quality in terms of manufacture, design, and distribution of these devices. While manufacturers are striving to pace with the level of quality, one marker of this gap is also due to the inspections conducted by the Food and Drugs Administration (FDA). The steady pace of non-compliance suggests that the manufacturers continue to struggle in order to match with the regulatory standards.
Leading market players operating in the global fluoroscopy equipment market include Agfa-Gevaert Group, Ziehm Imaging GmbH, Carestream Health, Inc., Hitachi, Ltd., GE Healthcare Inc., Hologic, Inc., Siemens Healthineers, Philips Group, Lepu Medical Tech Co. Ltd, Shimadzu Corporation, Toshiba Medical Systems Corporation, and Ziehm Imaging GmbH.
Table of Content:
- Global Fluoroscopy Equipment Market - Executive Summary
- Global Fluoroscopy Equipment Market Overview
2.1.1. Global Fluoroscopy Equipment Market Taxonomy
2.1.2. Global Fluoroscopy Equipment Market Definition
2.2. Global Fluoroscopy Equipment Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Fluoroscopy Equipment Market Y-o-Y Growth
2.3. Global Fluoroscopy Equipment Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. Supplier List
2.9. Key Participants Market Presence (Intensity Map) By Region
- Global Fluoroscopy Equipment Market Analysis and Forecast By Product Type
3.1. Global Fluoroscopy Equipment Market Size and Forecast By Product Type, 2012-2022
3.1.1. Remote-Controlled Fluoroscopy Systems Fluoroscopy Equipment Market Size and Forecast, 2012-2022
18.104.22.168. Revenue (US$ Mn) Comparison, By Region
22.214.171.124. Market Share Comparison, By Region
126.96.36.199. Y-o-Y growth Comparison, By Region
3.1.2. Conventional Fluoroscopy Systems Fluoroscopy Equipment Market Size and Forecast, 2012-2022
188.8.131.52. Revenue (US$ Mn) Comparison, By Region
184.108.40.206. Market Share Comparison, By Region
220.127.116.11. Y-o-Y growth Comparison, By Region
3.1.3. C-Arms Systems Fluoroscopy Equipment Market Size and Forecast, 2012-2022
18.104.22.168. Revenue (US$ Mn) Comparison, By Region
22.214.171.124. Market Share Comparison, By Region
126.96.36.199. Y-o-Y growth Comparison, By Region
- Global Fluoroscopy Equipment Market Analysis and Forecast By End User
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