The global image-guided therapy systems market size is
expected to reach USD 4.95 billion by 2025, according to a new report by Grand
View Research, Inc. The market is estimated to exhibit a healthy CAGR of 6.3%
during the forecast period. Growing geriatric population base and cases of
chronic diseases are expected to boost the market demand. Other factors
propelling the market growth include rising preference for minimally invasive
surgeries and technological advancements in image-guided therapy systems.
Various initiatives undertaken in the area of cancer radiotherapy is also one
of the important factors driving the market.
New product launches by major
companies is also having a positive impact on the market development. For
instance, in February 2017, Philips launched a next-generation image guided therapy
platform called Azurion for advancing patient care. Growing adoption of such
advanced systems is expected to drive the market. Development of this system
was aimed at optimizing interventional lab performance, thereby ensuring
superior care delivery. Increasing number of initiatives undertaken by public
and private firms in the area of cancer radiotherapy is also estimated to have
a positive impact on the market growth.
In addition, many academic
institutions are also investing in cancer radiotherapy projects for increasing
the effectiveness of treatment therapies. This is also likely to contribute
toward market expansion. The development of Image-guided Therapy Program by the
Brigham and Women’s Hospital aimed at advancing imaging and therapeutic
technologies for developing minimally invasive surgical and interventional
techniques is an example of one such initiative.
Browse full research report on Image-guided Therapy Systems Market: https://www.grandviewresearch.com/industry-analysis/image-guided-therapy-systems-market
Further key findings from the study suggest:
- Endoscopes segment accounted for the largest revenue share in
2017 owing to technological advancements, high volume of endoscope-guided
surgeries, and rising preference for minimally invasive surgeries
- Cardiac surgery emerged as the largest application segment in
2017. This growth is attributed to rising prevalence of target diseases,
preference for minimally invasive cardiac surgeries, and R&D
initiatives aimed at developing real-time cardiac interventions systems
- Hospitals emerged as the largest end-use segment in 2017.
However, Ambulatory Surgery Centers (ASCs) segment is projected to expand
at the fastest CAGR of 7.3% over the forecast period
- North America emerged as the largest regional market. Asia
Pacific is anticipated to exhibit the fastest growth rate of 7.6% during
the forecast period
- The market is consolidated with the presence of Koninklijke
Philips N.V., Siemens Healthineers, GE Healthcare, and Fujifilm Holdings
Corporation accounting for the majority market share. Analogic
Corporation; Varian Medical Systems, Inc.; Brainlab AG; Medtronic PLC; and
Stryker Corp. are several other prominent companies in the market.
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request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/image-guided-therapy-systems-market/request/rs1
Grand View Research has segmented the global image-guided therapy
systems market on the basis of product, application, end use, and region:
Image-guided Therapy Systems Product Outlook (Revenue,
USD Million, 2014 - 2025)
- Computed
Tomography (CT) Scanners
- Ultrasound
Systems
- Magnetic
Resonance Imaging (MRI)
- Endoscope
- X-ray
Fluoroscopy
- Positron
Emission Tomography (PET)
- Single
Photon Emission Computed Tomography (SPECT)
Image-guided Therapy Systems Application Outlook (Revenue,
USD Million, 2014 - 2025)
- Cardiac
Surgery
- Neurosurgery
- Orthopedic
Surgery
- Urology
- Gastroenterology
- Oncology
Surgery
- Others
Image-guided Therapy Systems End-use Outlook (Revenue, USD
Million, 2014 - 2025)
- Hospitals
- Ambulatory
Surgical Centers (ASCs)
- Clinics
- Research
& Academic Institutes
Image-guided Therapy Systems Regional Outlook (Revenue,
USD Million, 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Sweden
- Asia
Pacific
- China
- India
- Australia
- Singapore
- Latin
America
- Brazil
- Middle
East & Africa
- South
Africa
- Saudi
Arabia
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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