The global fluoroscopy system market is anticipated to grow at a significant CAGR of 4.3% during the forecast period. The fluoroscopic market is influenced by many important factors which include increased cost-efficiency, increasing number of orthopedic surgeries & angiography, real-time injury assessment, reduced radiation risks, higher visibility during surgical procedures and quick recovery. The cost efficiency of the fluoroscopy system has played important role in driving its growth in the market. It has influenced the physicians as well as patients for the treatment. In addition, the system improves the visibility of the surgeon during the surgery and helps in improved surgery. The fluoroscopy system has a wide range of applications such as traumatology, orthopedics, vascular surgery, and others which maximizes its use and helps in serving the vast market. It needs small invasive which decreases the recovery duration of the patient and reduced stay in hospital.

The fluoroscopy system market is positively influenced by various aspects; however, besides these, certain factors limit its growth. The under-developed health infrastructure in many countries still restricts them from excessing basic health facilities in the nation. The fluoroscopy system reduces the radiation risks at a certain level although, there is still a chance of skin injury and other effects of radiation.

Impact of COVID-19 Pandemic on Global Fluoroscopy System Market

In COVID-19 mainly elective surgeries were canceled and postponed across the globe due to the spread of COVID-19. hospitals at that time reduced non-emergency surgeries, such as robotic-assisted procedures, endoscopies, laparoscopies as well as minimally invasive diagnostic procedures, and patients were delaying their not necessary surgeries due to the fear of getting affected by COVID-19. Furthermore, as this fluoroscopy device are important in real-time viewing of body structure movement during surgical procedures coupled with stopped and delayed surgeries the demand for the devices was less. Additionally, it has also impacted the operation of manufacturing companies due to the functioning was limited, shortage of workforce, and delivery of products and services being affected due to the lockdowns.

Segmental Outlook 

The global fluoroscopy system market is segmented on the basis of product, application, and end-user. On the basis of product, the market is further sub-divided into fixed C-arms, fluoroscopy devices and mobile C-arms. On the basis of application, the market is further bifurcated into orthopedic, cardiovascular, pain management and trauma, neurology, gastrointestinal, urology, and general surgery. Based on the end-user, the market is diversified as hospitals, diagnostic centers, and specialty clinics. Furthermore, among the end-use, the hospital segment is expected to hold the largest share as improved infrastructure facilitates successful surgeries that mandate the use of fluoroscopy devices in the hospital.

Global Fluoroscopy System Market Share by Technology, 2021 (%)

The Cardiovascular Segment is Dominating the Global Fluoroscopy SystemMarket

Among the applications, the market is expected to be dominated by the cardiovascular segment owing to the increasing prevalence of cardiovascular diseases which is expected to fuel the demand for highly efficient diagnostic imaging tools. Moreover, cardiovascular procedures require more extensive fluoroscopic guidance for the navigation of endovascular catheters coupled with it providing temporal resolutions and also have the limitation of exposures with poor soft tissue characterization. Furthermore, in cardiac procedures, it is used by a healthcare provider to see the flow of blood by the arteries due to such factors the market is anticipated to have significant growth.

Regional Outlooks

The global fluoroscopy system market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East &Africa, and Latin America. North America has the largest market share of fluoroscopy systems in the global market due to several factors such as a large amount of research & development activities continuing in the US which is ultimately contributing to the growth of the North-American market.

Global Fluoroscopy System Market Growth, by Region 2022-2028

The Asia-Pacific Region is Predicated to be the Fastest Growing in the Global Fluoroscopy SystemMarket

The increasing Importance of healthcare in major economies such as India and China is allowing the Asia-Pacific region to grow quickly and is also one of the fastest growing regions across the globe. Additionally increasing prevalence of diseases and improving healthcare infrastructures and growing healthcare expenditure are factors contributing to the market growth. Apart from these, growing geriatric population in Japan and China and the healthcare reforms and government initiatives & investments is further likely to create significant scope for the market growth. 

Market Players Outlook

The competitive landscape includes key strategies of leading players, recent developments, and key company analysis. The major players that contribute to the growth of the market include - Carestream Health, Inc., FUJIFILM Holdings Corp., General Electric Co., Siemens Healthcare GmbH, Shimadzu Corp., Toshiba International Corp., and others., and many others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new Deployment launches, to stay competitive in the market. For instance, in October 2020, Siemens Healthineers launched a new fluoroscopy system Luminos Lotus Max it offers technology in radiography and fluoroscopy. The system is remote controlled and offers versatility in clinical examinations and combines radiographic and fluoroscopic imaging with orthopedic studies.

The Report Covers

• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global fluoroscopy system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.