According to Vision Research Reports, the global surgical imaging arms market size is expected to hit around US$ 1,660 million by 2027 and projected to expand at a CAGR of 4.9% from 2020 to 2027.
Rise in geriatric population that leads to increase in number of surgeries, which are caused due to severe diseases and performed at hospitals and clinics, and rise in the number of hospitals are likely to boost the surgical imaging arms market during the forecast period.
North America and Asia Pacific are likely to dominate the global surgical imaging arms market due to modernization of existing hospitals and rise in focus of key players on the development of new surgical imaging arms devices in the market in these regions. Increase in number of surgeries and number of hospitals in countries such as Saudi Arabia and Mexico is likely to boost the surgical imaging arms market in Latin America and Middle East & Africa in the near future.
High cost of devices to hamper market
Surgical imaging arms have high acquisition as well as maintenance cost for health care settings. Constant evolution in different surgical arms with introduction of new features and designs has fueled the prices of these products. For instance, an advanced fixed C-arm costs about US$ 1Mn to US$ 2 Mn. The high price of these devices prompts the health care setting to extend the use of the surgical imaging arms beyond their stipulated average life, and this is observed in developing countries. This is a key factor restraining the market.
C-arm surgical imaging devices equipment to lose market share
The report offers detailed segmentation of the global surgical imaging arms market based on product, application, and end-user. Based on product, the C-arm surgical imaging devices segment is projected to dominate the global market, due to the presence of major players in the segment. However, the segment is expected to lose market share during the forecast period, due to certain technical specification of these devices and availability of advanced surgical imaging arms such as O-arm, which was designed to overcome the issues with C-arm. The G-arm surgical imaging arms segment is anticipated to gain market share. Its share is anticipated to rise from 1.2% in 2019 to reach almost 1.5% by the end of 2027, due to advantages of the device such as two x-ray beams asynchronously provide the customer with bi-lateral video and images, offering the user a more comprehensive picture, as compared to that offered by the traditional C-arm.
Orthopedic: Top application of surgical imaging devices
In terms of application, the orthopedic segment is projected to account for a dominant share of the global surgical imaging arms market during the forecast period. The segment is likely to expand at a CAGR of 4.9% from 2020 to 2027, and the trend is projected to continue during the forecast period owing to the high usage of surgical imaging arms, such as C-arms, to perform the orthopedic procedure.
Hospitals & ambulatory surgical centers: Top end-user in surgical imaging arms market
In term of end-user, the hospitals & ambulatory surgical centers segment accounted for more than 60% share of the global surgical imaging arms market, in terms of value, in 2019. The segment is anticipated to expand at a rapid pace in the near future. The market share held by the segment is likely to rise to reach more than 65% by the end of 2027. Rise in number of day care surgeries and increase in number of hospitals in developing regions are likely to propel the segment during the forecast period.
Market in North America to expand at considerable pace and create high incremental opportunity
In terms of value, North America held a major share of the global market in 2017. This is due to the high rate of adoption of advanced devices in surgery and increase in focus on research and development in the U.S. Furthermore, high incidence of diseases, such as orthopedic and cardiovascular disease, in North America propels the demand for utilization of surgical imaging arms to carry out surgery. This, in turn, is projected to propel the surgical imaging arms market in North America from 2018 to 2026. Rise in healthcare investment in countries, such as China, in the region and rise in the geriatric population, which leads to several orthopedic and cardiovascular issues that require surgery, are anticipated to drive the surgical imaging arms market in Asia Pacific. Rising incidence of fractures due to low-impact accidents among the obese population in Middle East & Africa is a major factor fuelling the market at a steady pace. For instance, according to the International Osteoporosis Foundation, in Iran, 50,000 hip fractures were recorded in 2010, which is projected to grow to 62,000 by 2020 and hence, the demand for surgery is also projected to increase. These factors are likely to propel the surgical imaging arms market in Middle East & Africa. The market in the region is expected to expand at a CAGR of above 4.8% from 2020 to 2027.
GE Healthcare, Medtronic, Koninklijke Philips N.V. and Siemens Healthineers AG to dominate market
The report provides profiles of leading players operating in the global surgical imaging arms market. They include GE Healthcare, Medtronic, Koninklijke Philips N.V., Canon Medical Systems Corporation, Siemens Healthineers AG, Shimadzu Corporation, Whale Imaging Inc., Hologic, Inc., and ATON GmbH. Market players adopt strategies such as expansion of product portfolio by developing new products or through acquisitions and licensing agreements. For instance, in 2016, Canon Medical System Corporation (a subsidiary of Canon Inc.) acquired Toshiba Medical System Corporation. The acquisition of Toshiba’s medical devices, which include C-arms, is anticipated to provide more value and sales to Canon’s medical device segment market. Other key players are also adopting similar strategies.
The report analyzes and forecasts the surgical imaging arms market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2020 to 2027. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level. For the region and all segments, the sales, revenue and their market share, growth rate are key research objects; we can research the manufacturers' sales, price, revenue, cost and gross profit and their changes. What's more, we will display the main consumers, raw material manufacturers, distributors, etc.
This report first introduces the background of surgical imaging arms, including the definition, classification, application, industrial chain structure, industry overview, national policy and planning analysis of the industry, and the latest dynamic analysis. With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major surgical imaging arms companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of surgical imaging arms upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of surgical imaging arms and consumption, major regions and consumption, major global producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global surgical imaging arms market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the surgical imaging arms market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides size (in terms of volume and value) of surgical imaging arms market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
Companies Mentioned in Report
The report also profiles major players in the market in terms of various attributes such as company overview, financial overview, devices portfolios, business strategies, and recent developments. Major companies profiled in the global surgical imaging arms market include GE Healthcare, Medtronic, Koninklijke Philips N.V., Canon Medical Systems Corporation, Siemens Healthineers AG, Shimadzu Corporation, Whale Imaging Inc., Hologic, Inc., and ATON GmbH.
Report Segmentation:
Global Surgical Imaging Arms Market, by Product
Global Surgical Imaging Arms Market, by Application
Global Surgical Imaging Arms Market, by End-user
Global Surgical Imaging Arms Market, by Region
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.
Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
The study objectives of this report are:
Chapter 1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
Chapter 2. Assumptions and Research Methodology
Chapter 3. Executive Summary: Global Surgical Imaging Arms Market
Chapter 4. Market Overview
4.1. Introduction
4.1.1. Product Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Global Surgical Imaging Arms Market Analysis and Forecast, 2016–2026
4.3.1. Global Surgical Imaging Arms Market Revenue Projection (US$ Mn)
Chapter 5. Market Outlook
5.1. Technological Advancement
5.2. Pricing Analysis by Product
5.3. Key Merger & Acquisition
Chapter 6. Global Surgical Imaging Arms Market Analysis and Forecast, by Product
6.1. Key Findings/Developments
6.2. Introduction & Definition
6.3. Global Surgical Imaging Arms Market Value Forecast, by Product, 2017–2026
6.3.1. C-arm Surgical Imaging Devices
6.3.1.1. Full-size C-arm
6.3.1.2. Mini C-arm
6.3.1.3. Compact C-arm
6.3.2. O-arm Surgical Imaging Devices
6.3.3. G-arm Surgical Imaging Devices
6.4. Market Attractiveness, by Product
Chapter 7. Global Surgical Imaging Arms Market Analysis and Forecast, by Application
7.1. Key Findings/Developments
7.2. Introduction & Definition
7.3. Global Surgical Imaging Arms Market Value Forecast, by Application, 2017–2026
7.3.1. Orthopedic
7.3.2. Cardiovascular
7.3.3. Pain Management
7.3.4. Urology
7.3.5. Others
7.4. Global Surgical Imaging Arms Market Attractiveness, by Application
Chapter 8. Global Surgical Imaging Arms Market Analysis and Forecast, by End-user
8.1. Key Findings/Developments
8.2. Introduction & Definition
8.3. Global Surgical Imaging Arms Market Value Forecast, by End-user, 2017–2026
8.3.1. Hospitals & Ambulatory Surgical Centers
8.3.2. Academic & Research Institutes
8.3.3. Others
8.4. Global Surgical Imaging Arms Market Attractiveness, by End-user
Chapter 9. Global Surgical Imaging Arms Market Analysis and Forecast, by Region
9.1. Geographical Representation
9.2. Global Surgical Imaging Arms Market Value Forecast, by Region
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Global Surgical Imaging Arms Market Attractiveness, by Region
Chapter 10. North America Surgical Imaging Arms Market Analysis and Forecast
10.1. North America Surgical Imaging Arms Market Value Forecast, by Country, 2017–2026
10.1.1. U.S.
10.1.2. Canada
10.2. North America Surgical Imaging Arms Market Value Share Analysis, by Product, 2017–2026
10.3. North America Surgical Imaging Arms Market Value Forecast, by Product, 2016–2026
10.3.1. C-arm Surgical Imaging Devices
10.3.1.1. Full-size C-arm
10.3.1.2. Mini C-arm
10.3.1.3. Compact C-arm
10.3.2. O-arm Surgical Imaging Devices
10.3.3. G-arm Surgical Imaging Devices
10.4. North America Surgical Imaging Arms Market Value Share Analysis, by Application, 2017–2026
10.5. North America Surgical Imaging Arms Market Value Forecast, by Application, 2016–2026
10.5.1. Orthopedic
10.5.2. Cardiovascular
10.5.3. Pain Management
10.5.4. Urology
10.5.5. Others
10.6. North America Surgical Imaging Arms Market Value Share Analysis, by End-user, 2017–2026
10.7. North America Surgical Imaging Arms Market Value Forecast, by End-user, 2016–2026
10.7.1. Hospitals & Ambulatory Surgical Centers
10.7.2. Academic & Research Institutes
10.7.3. Others
10.8. North America Surgical Imaging Arms Market Attractiveness Analysis
10.8.1. By Country
10.8.2. By Product
10.8.3. By Application
10.8.4. By End-user
Chapter 11. Europe Surgical Imaging Arms Market Analysis and Forecast
11.1. Europe Surgical Imaging Arms Market Value Forecast, by Country/Sub-region, 2017–2026
11.1.1. Germany
11.1.2. France
11.1.3. U.K.
11.1.4. Spain
11.1.5. Italy
11.1.6. Rest of Europe
11.2. Europe Surgical Imaging Arms Market Value Share Analysis, by Product, 2017–2026
11.3. Europe Surgical Imaging Arms Market Value Forecast, by Product, 2016–2026
11.3.1. C-arm Surgical Imaging Devices
11.3.1.1. Full-size C-arm
11.3.1.2. Mini C-arm
11.3.1.3. Compact C-arm
11.3.2. O-arm Surgical Imaging Devices
11.3.3. G-arm Surgical Imaging Devices
11.4. Europe Surgical Imaging Arms Market Value Share Analysis, by Application, 2017–2026
11.5. Europe Surgical Imaging Arms Market Value Forecast, by Application, 2016–2026
11.5.1. Orthopedic
11.5.2. Cardiovascular
11.5.3. Pain Management
11.5.4. Urology
11.5.5. Others
11.6. Europe Surgical Imaging Arms Market Value Share Analysis, by End-user, 2017–2026
11.7. Europe Surgical Imaging Arms Market Value Forecast, by End-user, 2016-2026
11.7.1. Hospitals & Ambulatory Surgical Centers
11.7.2. Academic & Research Institutes
11.7.3. Others
11.8. Europe Surgical Imaging Arms Market Attractiveness Analysis
11.8.1. By Country/Sub-region
11.8.2. By Product
11.8.3. By Application
11.8.4. By End-user
Chapter 12. Asia Pacific Surgical Imaging Arms Market Analysis and Forecast
12.1. Asia Pacific Surgical Imaging Arms Market Value Forecast, by Country/Sub-regions, 2017–2026
12.1.1. China
12.1.2. Japan
12.1.3. India
12.1.4. Australia & New Zealand
12.1.5. Rest of Asia Pacific
12.2. Asia Pacific Surgical Imaging Arms Market Value Share Analysis, by Product, 2017–2026
12.3. Asia Pacific Surgical Imaging Arms Market Value Forecast, by Product, 2016–2026
12.3.1. C-arm Surgical Imaging Devices
12.3.1.1. Full-size C-arm
12.3.1.2. Mini C-arm
12.3.1.3. Compact C-arm
12.3.2. O-arm Surgical Imaging Devices
12.3.3. G-arm Surgical Imaging Devices
12.4. Asia Pacific Surgical Imaging Arms Market Value Share Analysis, by Application, 2017–2026
12.5. Asia Pacific Surgical Imaging Arms Market Value Forecast, by Application, 2016–2026
12.5.1. Orthopedic
12.5.2. Cardiovascular
12.5.3. Pain Management
12.5.4. Urology
12.5.5. Others
12.6. Asia Pacific Surgical Imaging Arms Market Value Share Analysis, by End-user, 2017–2026
12.7. Asia Pacific Surgical Imaging Arms Market Value Forecast, by End-user, 2016–2026
12.7.1. Hospitals & Ambulatory Surgical Centers
12.7.2. Academic & Research Institutes
12.7.3. Others
12.8. Asia Pacific Surgical Imaging Arms Market Attractiveness Analysis
12.8.1. By Country/Sub-region
12.8.2. By Product
12.8.3. By Application
12.8.4. By End-user
Chapter 13. Latin America Surgical Imaging Arms Market Analysis and Forecast
13.1. Latin America Surgical Imaging Arms Market Value Forecast, by Country/Sub-region, 2017–2026
13.1.1. Brazil
13.1.2. Mexico
13.1.3. Rest of Latin America
13.2. Latin America Surgical Imaging Arms Market Value Share Analysis, by Product, 2017–2026
13.3. Latin America Surgical Imaging Arms Market Value Forecast, by Product, 2016–2026
13.3.1. C-arm Surgical Imaging Devices
13.3.1.1. Full-size C-arm
13.3.1.2. Mini C-arm
13.3.1.3. Compact C-arm
13.3.2. O-arm Surgical Imaging Devices
13.3.3. G-arm Surgical Imaging Devices
13.4. Latin America Surgical Imaging Arms Market Value Share Analysis, by Application, 2017–2026
13.5. Latin America Surgical Imaging Arms Market Value Forecast, by Application, 2016–2026
13.5.1. Orthopedic
13.5.2. Cardiovascular
13.5.3. Pain Management
13.5.4. Urology
13.5.5. Others
13.6. Latin America Surgical Imaging Arms Market Value Share Analysis, by End-user, 2017–2026
13.7. Latin America Surgical Imaging Arms Market Value Forecast, by End-user, 2016–2026
13.7.1. Hospitals & Ambulatory Surgical Centers
13.7.2. Academic & Research Institutes
13.7.3. Others
13.8. Latin America Surgical Imaging Arms Market Attractiveness Analysis
13.8.1. By Country/Sub-region
13.8.2. By Product
13.8.3. By Application
13.8.4. By End-user
Chapter 14. Middle East & Africa Surgical Imaging Arms Market Analysis and Forecast
14.1. Middle East & Africa Surgical Imaging Arms Market Value Forecast, by Country/Sub-regions, 2017–2026
14.1.1. GCC Countries
14.1.2. South Africa
14.1.3. Israel
14.1.4. Rest of Middle East & Africa
14.2. Middle East & Africa Surgical Imaging Arms Market Value Share Analysis, by Product, 2017–2026
14.3. Middle East & Africa Surgical Imaging Arms Market Value Forecast, by Product, 2016–2026
14.3.1. C-arm Surgical Imaging Devices
14.3.1.1. Full-size C-arm
14.3.1.2. Mini C-arm
14.3.1.3. Compact C-arm
14.3.2. O-arm Surgical Imaging Devices
14.3.3. G-arm Surgical Imaging Devices
14.4. Middle East & Africa Surgical Imaging Arms Market Value Share Analysis, by Application, 2017–2026
14.5. Middle East & Africa Surgical Imaging Arms Market Value Forecast, by Application, 2016–2026
14.5.1. Orthopedic
14.5.2. Cardiovascular
14.5.3. Pain Management
14.5.4. Urology
14.5.5. Others
14.6. Middle East & Africa Surgical Imaging Arms Market Value Share Analysis, by End-user, 2017–2026
14.7. Middle East & Africa Surgical Imaging Arms Market Value Forecast, by End-user, 2016–2026
14.7.1. Hospitals & Ambulatory Surgical Centers
14.7.2. Academic & Research Institutes
14.7.3. Others
14.8. Middle East & Africa Surgical Imaging Arms Market Attractiveness Analysis
14.8.1. By Country/Sub-region
14.8.2. By Product
14.8.3. By Application
14.8.4. By End-user
Chapter 15. Competition Landscape
15.1. Competition Matrix
15.1.1. GE Healthcare
15.1.2. Whale Imaging Inc.
15.2. Company Profiles (Details – Overview, Financials, Recent Developments, Strategy)
15.2.1. Medtronic (HQ, Business Segments, Employee Strength)
15.2.1.1. Company Details
15.2.1.2. Company Description
15.2.1.3. Business Overview
15.2.1.4. SWOT Analysis
15.2.1.5. Financial Analysis
15.2.1.6. Strategic Overview
15.2.2. GE Healthcare (HQ, Business Segments, Employee Strength)
15.2.2.1. Company Details
15.2.2.2. Company Description
15.2.2.3. Business Overview
15.2.2.4. SWOT Analysis
15.2.2.5. Strategic Overview
15.2.3. Hologic Inc. (HQ, Business Segments, Employee Strength)
15.2.3.1. Company Details
15.2.3.2. Company Description
15.2.3.3. Business Overview
15.2.3.4. SWOT Analysis
15.2.3.5. Strategic Overview
15.2.4. Koninklijke Philips N.V. (HQ, Business Segments, Employee Strength)
15.2.4.1. Company Details
15.2.4.2. Company Description
15.2.4.3. Business Overview
15.2.4.4. SWOT Analysis
15.2.4.5. Strategic Overview
15.2.5. Siemens Healthineers AG (HQ, Business Segments, Employee Strength)
15.2.5.1. Company Details
15.2.5.2. Company Description
15.2.5.3. Business Overview
15.2.5.4. SWOT Analysis
15.2.5.5. Financial Analysis
15.2.5.6. Strategic Overview
15.2.6. Canon Medical System Corporation (HQ, Business Segments, Employee Strength)
15.2.6.1. Company Details
15.2.6.2. Company Description
15.2.6.3. Business Overview
15.2.6.4. SWOT Analysis
15.2.6.5. Financial Analysis
15.2.6.6. Strategic Overview
15.2.7. Shimadzu Corporation (HQ, Business Segments, Employee Strength)
15.2.7.1. Company Details
15.2.7.2. Company Description
15.2.7.3. Business Overview
15.2.7.4. SWOT Analysis
15.2.7.5. Financial Analysis
15.2.7.6. Strategic Overview
15.2.8. Whale Imaging Inc. (HQ, Business Segments, Employee Strength)
15.2.8.1. Company Details
15.2.8.2. Company Description
15.2.8.3. Business Overview
15.2.8.4. SWOT Analysis
15.2.8.5. Financial Analysis
15.2.8.6. Strategic Overview
15.2.9. ATON GmbH (HQ, Business Segments, Employee Strength)
15.2.9.1. Company Details
15.2.9.2. Company Description
15.2.9.3. Business Overview
15.2.9.4. SWOT Analysis
15.2.9.5. Strategic Overview