As per the research report, the Asia-Pacific C-Arms Market size is forecasted to hit USD 0.76 billion by 2027 from USD 0.61 billion in 2022, showcasing a CAGR of 4.22% between 2022 to 2027. The market is highly consolidated due to the high prices of equipment, and a vast amount of capital is required for the entry of a new company into the market. It has led to formidable competition among prominent market players.
Y-O-Y growth in the incidence of chronic diseases and growing acceptance for minimally invasive processes thrive the market growth in the region. Recognition of diseases in early-stage targeting to plan their treatment for long term needs and the demand for imaging systems like C-Arms is burgeoning the market's demand. Growing awareness of interventional surgeries and growing cases of trauma and orthopedic surgeries are expected to favor the region's C-Arms market growth. The rising demand for better imaging technologies in cardiology and vascular surgeries is supporting factors for the market to hike further.
Additionally, factors such as increasing healthcare expenditure and the growing aging population in highly populated countries such as China and India are further flourishing the market growth in the APAC market.
High costs associated, increasing utilization of remodeled devices, and the fewer substitute rates of C-Arm devices are hampering the market growth in this region to a small extent.
This research report on the Asia-Pacific C-arms Market has been segmented and sub-segmented into the following categories:
Among Asia-Pacific countries, Japan accounted for the largest market share in 2019, with a share of around 18%. The market in this region has a positive growth outlook due to various factors such as growing healthcare budgets, improving infrastructure, and rising applications of C-Arms in numerous clinical indications.
Some of the notable companies leading the Asia Pacific C-Arms Market profiled in the report are GE Healthcare Inc., Varian Medical Systems Inc., Philips Healthcare, Siemens AG, Toshiba Corp., Hologic corp., Omega Medical Imaging Inc., BMI Biomedical International, Hitachi Ltd., DMS Health Technologies, ATON GmbH, Medonica Co Ltd., Gemss Co Ltd., and Shimadzu Corp.
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