Surgical imaging Market Overview
Surgical Imaging Market Size Was Valued at USD 3.81 Billion in 2023 and is Projected to Reach USD 5.01 Billion by 2032, Growing at a CAGR of 3.09% From 2024-2032.
Surgical imaging is a type of test that makes detailed pictures of areas inside the body, including bones and organs, before and during surgical procedures. The recent emerging role and integration of Virtual Reality (VR) and Augmented Reality (AR) in healthcare are improving the surgical experience. The rapid advancement of real-time visualization platforms is also leading toward better surgical treatments. To perform difficult surgeries with greater ergonomics, efficiency, and safety Surgical imaging has higher in popularity among surgeons in past years. The growing geriatric population and awareness regarding radiography procedures are the driving factors of the market growth. Surgical imaging includes fluoroscopy, ultrasound, X-rays, magnetic resonance imaging (MRI), magnetic resonance (MR) computed tomography (CT), guided radiation treatment, radionuclide technologies, and others. Moreover, an increase in various chronic conditions that require critical care diagnosis that boosts the market growth. Rising medical tourism will create opportunities for key players. Image intensifier C-Arm is anticipated to lead the market share in upcoming years. Also, the rise in the prevalence of sports injury, increasing government funding, and advanced hospital infrastructure will boost the market of Surgical imaging during the forecast period.
Nowadays people are more conscious about their health and people's ever-changing lifestyles and the increasing demand for minimally invasive procedures around the globe are the factors that act as a major driving factor for the growth of the surgical imaging market. The rising expansion of the patient population base increased knowledge of radiography procedures, and the number of hospitals and clinics is increasing in emerging countries creating more opportunities for market expansion. Furthermore, the increase in demand for integrated imaging systems and technological advancement in surgical imaging systems such as the new launch of O-arms n G-arms further contribute to the market growth.
Market Dynamics and Factors For the Surgical Imaging Market
Driver
Increase in the Geriatric Population Across the Globe
The increasing geriatric population worldwide is significantly driving the growth of the surgical imaging market. As the number of elderly individuals rises, the demand for surgical procedures, including minimally invasive surgeries, also increases. Older adults often experience various health conditions, necessitating advanced imaging technologies to ensure accurate diagnoses and effective treatment plans. Surgical imaging plays a crucial role in enhancing surgical precision and improving patient outcomes, making it an essential component of modern healthcare.
Technological advancements in imaging modalities, such as computed tomography (CT), magnetic resonance imaging (MRI), and ultrasound, further support the market's expansion. These innovations allow for improved visualization of complex anatomical structures, which is particularly beneficial in geriatric surgery. Enhanced imaging technologies enable surgeons to perform procedures with greater confidence and accuracy, ultimately reducing the risk of complications. The demand for these advanced imaging solutions is anticipated to rise, driven by the growing need for reliable diagnostic tools in the surgical landscape.
The surge in age-related diseases, such as cardiovascular conditions, cancer, and orthopedic issues, necessitates the use of sophisticated imaging systems during surgical interventions. Healthcare providers increasingly prioritize the implementation of advanced surgical imaging technologies to cater to the unique needs of the aging population. This trend underscores the importance of investing in surgical imaging solutions to enhance care for elderly patients and adapt to the evolving demands of the healthcare system.
Opportunity
Development of Advanced Technology
The advancement of technology presents a significant opportunity for growth in the surgical imaging market. Innovations such as 3D imaging, augmented reality (AR), and artificial intelligence (AI) enhance surgical precision and improve patient outcomes. These technologies facilitate real-time visualization of anatomical structures, enabling surgeons to make more informed decisions during procedures. The integration of AI algorithms in imaging systems also aids in automating image analysis, reducing the chances of human error and expediting the diagnostic process.
The increasing adoption of minimally invasive surgical techniques drives the demand for advanced imaging systems. These procedures require high-resolution imaging to guide surgeons through complex anatomical regions without making large incisions. Consequently, healthcare providers are investing in state-of-the-art imaging technologies, such as intraoperative ultrasound and fluoroscopy, to support these techniques. This shift towards less invasive surgeries not only enhances patient recovery times but also leads to cost savings for healthcare facilities, further propelling market growth.
The rise in the geriatric population and the prevalence of chronic diseases are fueling the demand for surgical imaging solutions. As the need for accurate diagnostics and effective surgical interventions continues to grow, manufacturers are focusing on developing cutting-edge imaging devices that cater to these needs. This trend is expected to drive the surgical imaging market forward, as healthcare providers seek to adopt technologies that improve efficiency and patient safety.
Regional Analysis in Surgical Imaging Market
North America dominates the market during the forecast period. Owing to the development of advanced technology increase in healthcare expenditure in this region. Various government policies support the purchase of advanced surgical imaging devices. Also, rising sports injuries and increasing genetic diseases boost the market growth. Asia Pacific excepted to hold the largest market share during the forecast period increased urbanization and disposable income of consumers. A rise in awareness about surgical imaging among the population is boosting the market growth in this region.
Europe is a highly growing region due to the increasing geriatric population and rising awareness about radiography systems also the presence of some of the major players such as Medtronic, Siemens, Olympus Corporation, and many more companies drive the market growth. The increasing cases of surgeries and technological advancement along with the innovation of new technological products are expected to generate opportunities for the market in this region.
Covid-19 Impact Analysis On Surgical Imaging Market
The global spread of COVID-19 in the surgical imaging market led to distribution, and it had a conflicting effect on the wound care business. Different industries and sectors were affected by COVID-19. The majority of the raw materials or inputs used in various sectors are produced and supplied by China. The impact of COVID-19 on the supply chain and limited reimbursement will act as restrain the growth of the market. The surgical imaging market has been badly damaged by the pandemic. The pandemic has significantly strained the world's healthcare systems. To prevent the spread of the disease and preserve healthcare resources for COVID-19 patients, healthcare institutions and clinicians have been told to halt performing elective surgical operations and medical examinations.
Top Key Players Covered in the Surgical Imaging Market
- Medtronic(Ireland)
- GE Healthcare (US)
- Olympus Corporation (Japan)
- Siemens AG (Germany)
- Hologic Inc. (US)
- Canon Medical Systems Corporation (Japan)
- Surgical Imaging Associates LLC (US)
- Shimadzu Corporation (Japan)
- General Electric (US)
- Allengers Medical Systems Limited (India)
- CONMED Corporation (US)
- CANON MEDICAL SYSTEMS CORPORATION (Japan)
- Agilent Technologies, Inc. (US)
Key Industry Development in the Surgical Imaging Market
In March 2024, SyntheticMR is proud to announce that its next-generation imaging solution, SyMRI 3D, has received FDA 510(k) clearance for clinical use in the United States. This milestone marks a significant advancement in quantitative MRI technology, offering unprecedented resolution and accuracy in brain imaging.
In December 2023, Probo Medical a leading global provider of medical imaging equipment, parts, repair and service, signed a definitive purchase agreement to acquire Alpha Source Group in a deal that significantly expands Probo's diagnostic imaging solutions platform. Alpha Source Group is comprised of its subsidiaries, Alpha Source Biomed Solutions, BC Technical Imaging Solutions and Medical Optics Surgical Solutions.
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Technology
3.2 By Modality Type
3.3 By Application
3.4 By End User
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Surgical Imaging Market by Technology
5.1 Surgical Imaging Market Overview Snapshot and Growth Engine
5.2 Surgical Imaging Market Overview
5.3 Image Intensifier C-Arms
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Image Intensifier C-Arms: Geographic Segmentation
5.4 Flat Panel Detector C-Arms
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Flat Panel Detector C-Arms: Geographic Segmentation
Chapter 6: Surgical Imaging Market by Modality Type
6.1 Surgical Imaging Market Overview Snapshot and Growth Engine
6.2 Surgical Imaging Market Overview
6.3 Mobile C-Arms
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Mobile C-Arms: Geographic Segmentation
6.4 Mini C- Arms
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Mini C- Arms: Geographic Segmentation
6.5 Others
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Others: Geographic Segmentation
Chapter 7: Surgical Imaging Market by Application
7.1 Surgical Imaging Market Overview Snapshot and Growth Engine
7.2 Surgical Imaging Market Overview
7.3 Orthopedic Surgeries
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Orthopedic Surgeries: Geographic Segmentation
7.4 Neurosurgeries
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Neurosurgeries: Geographic Segmentation
7.5 Cardiovascular Surgeries
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Cardiovascular Surgeries: Geographic Segmentation
7.6 Gastrointestinal Surgeries
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2016-2028F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Gastrointestinal Surgeries: Geographic Segmentation
7.7 Other
7.7.1 Introduction and Market Overview
7.7.2 Historic and Forecasted Market Size (2016-2028F)
7.7.3 Key Market Trends, Growth Factors and Opportunities
7.7.4 Other: Geographic Segmentation
Chapter 8: Surgical Imaging Market by End User
8.1 Surgical Imaging Market Overview Snapshot and Growth Engine
8.2 Surgical Imaging Market Overview
8.3 Hospitals
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size (2016-2028F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 Hospitals: Geographic Segmentation
8.4 Clinics
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size (2016-2028F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Clinics: Geographic Segmentation
8.5 Others
8.5.1 Introduction and Market Overview
8.5.2 Historic and Forecasted Market Size (2016-2028F)
8.5.3 Key Market Trends, Growth Factors and Opportunities
8.5.4 Others: Geographic Segmentation
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Positioning
9.1.2 Surgical Imaging Sales and Market Share By Players
9.1.3 Industry BCG Matrix
9.1.4 Heat Map Analysis
9.1.5 Surgical Imaging Industry Concentration Ratio (CR5 and HHI)
9.1.6 Top 5 Surgical Imaging Players Market Share
9.1.7 Mergers and Acquisitions
9.1.8 Business Strategies By Top Players
9.2 MEDTRONIC
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Operating Business Segments
9.2.5 Product Portfolio
9.2.6 Business Performance
9.2.7 Key Strategic Moves and Recent Developments
9.2.8 SWOT Analysis
9.3 GE HEALTHCARE
9.4 OLYMPUS CORPORATION
9.5 SIEMENS AG
9.6 HOLOGIC INC.
9.7 CANON MEDICAL SYSTEMS CORPORATION
9.8 SURGICAL IMAGING ASSOCIATES LLC
9.9 SHIMADZU CORPORATION
9.10 GENERAL ELECTRIC
9.11 ALLENGERS MEDICAL SYSTEMS LIMITED
9.12 CONMED CORPORATION
9.13 CANON MEDICAL SYSTEMS CORPORATION
9.14 AGILENT TECHNOLOGIES INC.
9.15 OTHER MAJOR PLAYERS
Chapter 10: Global Surgical Imaging Market Analysis, Insights and Forecast, 2016-2028
10.1 Market Overview
10.2 Historic and Forecasted Market Size By Technology
10.2.1 Image Intensifier C-Arms
10.2.2 Flat Panel Detector C-Arms
10.3 Historic and Forecasted Market Size By Modality Type
10.3.1 Mobile C-Arms
10.3.2 Mini C- Arms
10.3.3 Others
10.4 Historic and Forecasted Market Size By Application
10.4.1 Orthopedic Surgeries
10.4.2 Neurosurgeries
10.4.3 Cardiovascular Surgeries
10.4.4 Gastrointestinal Surgeries
10.4.5 Other
10.5 Historic and Forecasted Market Size By End User
10.5.1 Hospitals
10.5.2 Clinics
10.5.3 Others
Chapter 11: North America Surgical Imaging Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Technology
11.4.1 Image Intensifier C-Arms
11.4.2 Flat Panel Detector C-Arms
11.5 Historic and Forecasted Market Size By Modality Type
11.5.1 Mobile C-Arms
11.5.2 Mini C- Arms
11.5.3 Others
11.6 Historic and Forecasted Market Size By Application
11.6.1 Orthopedic Surgeries
11.6.2 Neurosurgeries
11.6.3 Cardiovascular Surgeries
11.6.4 Gastrointestinal Surgeries
11.6.5 Other
11.7 Historic and Forecasted Market Size By End User
11.7.1 Hospitals
11.7.2 Clinics
11.7.3 Others
11.8 Historic and Forecast Market Size by Country
11.8.1 U.S.
11.8.2 Canada
11.8.3 Mexico
Chapter 12: Europe Surgical Imaging Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Technology
12.4.1 Image Intensifier C-Arms
12.4.2 Flat Panel Detector C-Arms
12.5 Historic and Forecasted Market Size By Modality Type
12.5.1 Mobile C-Arms
12.5.2 Mini C- Arms
12.5.3 Others
12.6 Historic and Forecasted Market Size By Application
12.6.1 Orthopedic Surgeries
12.6.2 Neurosurgeries
12.6.3 Cardiovascular Surgeries
12.6.4 Gastrointestinal Surgeries
12.6.5 Other
12.7 Historic and Forecasted Market Size By End User
12.7.1 Hospitals
12.7.2 Clinics
12.7.3 Others
12.8 Historic and Forecast Market Size by Country
12.8.1 Germany
12.8.2 U.K.
12.8.3 France
12.8.4 Italy
12.8.5 Russia
12.8.6 Spain
12.8.7 Rest of Europe
Chapter 13: Asia-Pacific Surgical Imaging Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Technology
13.4.1 Image Intensifier C-Arms
13.4.2 Flat Panel Detector C-Arms
13.5 Historic and Forecasted Market Size By Modality Type
13.5.1 Mobile C-Arms
13.5.2 Mini C- Arms
13.5.3 Others
13.6 Historic and Forecasted Market Size By Application
13.6.1 Orthopedic Surgeries
13.6.2 Neurosurgeries
13.6.3 Cardiovascular Surgeries
13.6.4 Gastrointestinal Surgeries
13.6.5 Other
13.7 Historic and Forecasted Market Size By End User
13.7.1 Hospitals
13.7.2 Clinics
13.7.3 Others
13.8 Historic and Forecast Market Size by Country
13.8.1 China
13.8.2 India
13.8.3 Japan
13.8.4 Singapore
13.8.5 Australia
13.8.6 New Zealand
13.8.7 Rest of APAC
Chapter 14: Middle East & Africa Surgical Imaging Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Technology
14.4.1 Image Intensifier C-Arms
14.4.2 Flat Panel Detector C-Arms
14.5 Historic and Forecasted Market Size By Modality Type
14.5.1 Mobile C-Arms
14.5.2 Mini C- Arms
14.5.3 Others
14.6 Historic and Forecasted Market Size By Application
14.6.1 Orthopedic Surgeries
14.6.2 Neurosurgeries
14.6.3 Cardiovascular Surgeries
14.6.4 Gastrointestinal Surgeries
14.6.5 Other
14.7 Historic and Forecasted Market Size By End User
14.7.1 Hospitals
14.7.2 Clinics
14.7.3 Others
14.8 Historic and Forecast Market Size by Country
14.8.1 Turkey
14.8.2 Saudi Arabia
14.8.3 Iran
14.8.4 UAE
14.8.5 Africa
14.8.6 Rest of MEA
Chapter 15: South America Surgical Imaging Market Analysis, Insights and Forecast, 2016-2028
15.1 Key Market Trends, Growth Factors and Opportunities
15.2 Impact of Covid-19
15.3 Key Players
15.4 Key Market Trends, Growth Factors and Opportunities
15.4 Historic and Forecasted Market Size By Technology
15.4.1 Image Intensifier C-Arms
15.4.2 Flat Panel Detector C-Arms
15.5 Historic and Forecasted Market Size By Modality Type
15.5.1 Mobile C-Arms
15.5.2 Mini C- Arms
15.5.3 Others
15.6 Historic and Forecasted Market Size By Application
15.6.1 Orthopedic Surgeries
15.6.2 Neurosurgeries
15.6.3 Cardiovascular Surgeries
15.6.4 Gastrointestinal Surgeries
15.6.5 Other
15.7 Historic and Forecasted Market Size By End User
15.7.1 Hospitals
15.7.2 Clinics
15.7.3 Others
15.8 Historic and Forecast Market Size by Country
15.8.1 Brazil
15.8.2 Argentina
15.8.3 Rest of SA
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
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Global Surgical Imaging Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 3.81 Bn. |
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Forecast Period 2022-28 CAGR: |
3.09% |
Market Size in 2032: |
USD 5.01 Bn. |
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Segments Covered: |
By Technology |
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By Modality Type |
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By Application |
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By End Users |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Surgical Imaging Market research report is 2023-2030.
Medtronic (Ireland), GE Healthcare (US), Olympus Corporation (Japan), Siemens AG (Germany), Hologic Inc., (US), Canon Medical Systems Corporation, Surgical Imaging Associates LLC (US), Shimadzu Corporation (Japan), General Electric (US), Allengers Medical Systems Limited (India), CONMED Corporation (US), CANON MEDICAL SYSTEMS CORPORATION (Japan), Agilent Technologies, Inc. (US), and other major players.
The Surgical Imaging Market is segmented into Technology, Modality Type, Application, End-user, and region. By Technology, the market is categorized into Image Intensifier C-Arms, and Flat Panel Detector C-Arms. By Modality Type, the market is categorized into Mobile C-arms, Mini C- arms, and Others. By Application, the market is categorized into Orthopedic Surgeries, Neurosurgeries, Cardiovascular Surgeries, Gastrointestinal Surgeries, and Others. By End-user, the market is categorized into Hospitals, Clinics, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Surgical imaging is a type of test that makes detailed pictures of areas inside the body, including bones and organs, before and during surgical procedures. The recent emerging role and integration of Virtual Reality (VR) and Augmented Reality (AR) in healthcare is improving the surgical experience. The rapid advancement of real-time visualization platforms is also leading toward better surgical treatments. To perform difficult surgeries with greater ergonomics, efficiency, and safety Surgical imaging has higher in popularity among surgeons in past years.
Surgical Imaging Market Size Was Valued at USD 3.81 Billion in 2023 and is Projected to Reach USD 5.01 Billion by 2032, Growing at a CAGR of 3.09% From 2024-2032.
