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Global Intraoperative Imaging Market to Rise at a CAGR of 5.3% During 2022-2027, Aided by Technological Advancements and Innovations

According to a new report by EMR titled, ‘Global Intraoperative Imaging Market Report and Forecast 2022-2027’, the global intraoperative imaging industry attained a value of about USD 2.03 billion in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 5.3% to reach nearly USD 2.77 billion by 2027.

The industry growth is aided by technological advancements and innovations, which is leading to the development of advanced intraoperative imaging devices. The deployment of 3D technology in intraoperative imaging devices is significantly contributing to the market growth. As 3D intraoperative imaging devices bolster image quality while reducing the scan acquisition period, they are increasingly preferred in various surgical procedures, which is driving the market growth. The technology offers an enhanced understanding of the anatomy of patients, hence boosting the quality of healthcare. The growing awareness about the harmful effects of radiation exposure, especially in children, is surging the demand for 3D intraoperative imaging to reduce contact with ionised radiation, which is providing further impetus to the growth of the intraoperative imaging industry.

Siemens Healthcare Private Limited (OTCMKTS: SMMNY), one of the leading companies in the market, launched a new version of its Cios Select intraoperative imaging device in March 2018. It features flat-panel detector technology to enhance accuracy and image quality with low radiation exposure. It has an intuitive and easy-to-use touchscreen interface for wide mobile C-arm opening and easy or control to enable quick positioning. It offers a 21cm x 21cm flat-panel detector to bolster grayscale resolution and provide precise visualisation of anatomical structures. Moreover, the product has various specific features for trauma, orthopaedics, pain management, urology, and peripheral vasculature. It is also cost-effective, easy to operate, and is ideal for application in physiologies and anatomies. The development of such innovative products is increasing the demand for intraoperative imaging, which is augmenting the growth of the market.

Market Analysis by Product, Application, and End-Use:

  • The industry, on the basis of product, can be divided into iCT, iMRI, iUltrasound, and C-arm system.
  • Based on application, the industry can be divided into neurosurgery, orthopaedic surgery, ENT surgery, oncology surgery, trauma surgery/ emergency room, and cardiovascular, among others.
  • The end-uses of intraoperative imaging include hospitals and diagnostic centres, ambulatory surgical centres and clinics, among others.

Key Findings of the Report:

  • The increasing demand for intraoperative imaging devices to precisely position implants and produce high-quality images in trauma and orthopaedic surgeries is aiding the market growth.
  • The market is being propelled further by the growing adoption of innovative products in the robustly growing healthcare industry.
  • The rising demand for intraoperative computed tomography (iCT) to enhance the decision-making process and prevent surgical complications in neurological surgical operations is augmenting the market growth.
  • The deployment of the latest technology such as artificial intelligence (AI) in iCT to harmonise image quality and reduce exposure to harmful radiation is fuelling the growth of the intraoperative imaging industry.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for intraoperative imaging for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the products, applications, and end uses of intraoperative imaging.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global intraoperative imaging market are Brainlab AG, Medtronic plc, NeuroLogica Corp., Siemens Healthineers AG, and Koninklijke Philips N.V., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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