San Francisco, 22 October 2018 , The
global image-guidedtherapy 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.
Full Research Report On Image-Guided Therapy
Systems Market Analysis:
www.grandviewresearch.com/industry-analysis/image-guided-therapy-systems-market
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.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/medical-devices
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
o
U.S.
·
Europe
o
Germany
o
U.K.
o
France
o
Russia
o
Italy
o
Spain
o
Netherlands
o
Sweden
·
Asia Pacific
o
China
o
India
o
Australia
o
Singapore
·
Latin America
o
Brazil
·
Middle East & Africa
o
South Africa
o
Saudi Arabia
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-image-guided-therapy-systems-market
www.grandviewresearch.com/press-release/global-image-guided-therapy-systems-market
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 information: www.grandviewresearch.com/
