As per our report, the size of the global C-arms market was worth USD 3.2 billion in 2020. This value is estimated to be growing at a CAGR of 3.86% and will reach USD 3.9 billion by 2025.
C-arms are advanced imaging devices and work on the X-ray technology principle. These were invented in 1955, and since then the industry of C-arms is significantly evolving. These devices are extensively used in the areas such as surgery, orthopaedics, traumatology, vascular surgery and cardiology during the routine procedures. C-arms now become a necessary technology to have in almost all the well-equipped hospitals.
MARKET DRIVERS
Growing chronic diseases across the world coupled with rising geriatric population driving signification growth to the global C-arms market.
At a global level, the market for C-arms is projected to experience exponential growth. Rising chronic diseases around the globe is a significant factor in driving market growth. According to the World Health Organization (WHO), chronic diseases are increasing at a significant pace across the world, which intron estimated to favour the C-arms the market to grow next level. Growing ageing population across the globe is another major factor fuelling the growth of the market. According to the United Nations, the older population is projected to reach 2.1 billion by 2050. The increase in the ageing population is expected to reflect in the market growth. Areas such as pain management, arthrography, and cardiac catheterization are also widely using C-arms in their medical procedures, which is expected to raise the market demand. The key manufacturers of C-arms concentrate on R & D activities to bring better changes in the treatment quality and also in the diagnostic procedures, which further estimated to accelerate the global C-Arms market growth.
Furthermore, shifting trend towards minimally invasive surgical procedures, growing prevalence for quality treatment procedures at any cost are also escalating the C-arms market growth. Increasing demand for high-resolution x-ray images to have a proper view in real-time is another factor accelerating the market. Besides, these devices are highly effective in performing complicated operations with ease which allows patients to have speedy recovery is elevating the growth of the market.
MARKET RESTRAINTS
However, the cost for installation and maintenance of the devices requires massive amounts and lack of skilled physicians in monitoring the systems and performing work relatively are slowly hampering the growth of the c-arms market. Rise in risk factors for emergency cases due to lack of time is remained as challenging factor for the market to grow.
REPORT COVERAGE
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2019 to 2025 |
|
Base Year |
2019 |
|
Forecast Period |
2020 to 2025 |
|
Segments Analyzed |
By Device Type, Application and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Analyzed |
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa |
This research report on the Global C-Arms Market has been segmented and sub-segmented based on the device type, application and region.
C-Arms Market – By Device Type
Based on the type, Mobile C-arms is holding the highest shares of the market from recent years and is also to continue the same growth rate in foreseen years. Increasing awareness over the utilization of devices in an effective manner with the rise in the training institutes is escalating the growth of the market to the extent. The introduction of specially designed devices that are highly convenient to perform complex tasks is levelling up the demand of the market. Also, growing research and development to improve the quality of treatment and diagnosis procedures is elevating the growth of the market in this segment.
C-Arms Market – By Application
Based on application, the cardiology application type is holding dominant shares of the market. Rise in the incidences of cardiovascular problems, and the increasing success rate of open-heart surgeries is prompting the demand of the market. Also, the rise in the expenditure of healthcare, especially in urban areas is likely to outshine the growth of the C-arms market.
C-Arms Market – By Region
Regionally, the North American region is witnessed in holding the highest shares of the global C-arms market by owing to the quick adoption of advanced technology. The introduction of various products in the medical sector is also leveraging the growth of the market.
Europe is following North America in holding dominant shares of the market. Growing investments in healthcare centres by the government is focused on expanding the shares of the market in this region.
Asia Pacific is accounted for in having the fastest growth rate from the past decade and is also estimated to hit the highest CAGR in the coming years. The increasing elderly population is a common factor gearing up the growth of the market.
The Middle East and Africa are deemed to have growth opportunities in the review period.
TOP COMPANIES IN THE MARKET
Noteworthy companies in the Global 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.
Recent Market Developments
On January 27, 2020, Philips has introduced its two new devices to the X-Ray system. Those are named as Zenition mobile C-arm platform and enhancing operating room workflow. Zenition mobile c-arm has a tableside user interface where the technicians will be able to operate efficiently in the sterile field.
On January 25, 2018, Hologic introduced new Fluoroscan Insight FD Mini C-Arm where the surgeons like orthopedists and podiatrists use these devices. The surgeons can adjust the device according to the patient’s needs like high resolution or low dosages. The device is used to control the system and view the results.
On September 27, 2011, OrthoScan, Inc. was acquired by ATON GmbH. Orthoscan, Inc. is a prime manufacturer of orthopaedic imaging products including small C-arms. With this acquisition, both the companies operate under joint holding formation that generates considerable interaction in the upcoming years.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Device type
5.1.1 Introduction
5.1.2 Fixed C-Arms
5.1.3 Mobile C-Arms
5.1.3.1 Mini C-Arms
5.1.3.2 Full-Size C-Arms
5.1.4 Y-o-Y Growth Analysis, By Device type
5.1.5 Market Attractiveness Analysis, By Device type
5.1.6 Market Share Analysis, By Device type
5.2 Application
5.2.1 Introduction
5.2.2 Cardiovascular
5.2.3 Neurology
5.2.4 Urology
5.2.5 Orthopaedic
5.2.6 Pain Management and Trauma
5.2.7 Gastrointestinal
5.2.8 General Surgery
5.2.9 Y-o-Y Growth Analysis, By Application
5.2.10 Market Attractiveness Analysis, By Application
5.2.11 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Device type
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Device type
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Device type
6.1.5.3 By Application
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 GE Healthcare Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Varian Medical Systems Inc.
8.3 Philips Healthcare
8.4 Siemens AG
8.5 Toshiba Corp.
8.6 Hologic corp.
8.7 Omega Medical Imaging Inc.
8.8 BMI Biomedical International
8.9 Hitachi Ltd.
8.10 DMS Health Technologies
8.11 ATON GmbH
8.12 Medonica Co Ltd.
8.13 Gemss Co Ltd.
8.14 Shimadzu Corp
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Related Reports
Feb 2020
Feb 2020
Feb 2020
