The Europe C-Arms Market size is forecasted to grow USD 0.90 billion by 2027 from USD 0.74 billion in 2022, registering a CAGR of 3.96% between 2022 to 2027. The market is highly consolidated due to the high prices of equipment, and a massive 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.
The demand for imaging technologies is increasing. Due to the increasing burden of chronic diseases and the growing aging population, it is creating growth scope to the C-arms market. The growing demand for minimally invasive surgeries is predicted to favor the European C-arms market.
The costs associated with the C-arms equipment and the treatment procedures are high, which is expected to restrain the market growth to a small extent. Moreover, the utilization of refurbished devices may range from 5,000 USD to 140,000 USD is negatively impacting the C-Arms market in the Europe region.
This research report on the European C-arms Market has been segmented and sub-segmented into the following categories:
The European C-Arms market is projected to grow strongly during the forecast period due to various factors such as growing awareness about medical imaging tools, financial strength to procure expensive devices, and adopting advanced products.
In 2019, the U.K. dominated the European C-Arms market. This country has the most significant number of hospitals in the entire European region and the availability of skilled and expert lab technicians. Artificial Intelligence (A.I.) has been quickly developing in medicine, primarily in radiology, integrating the use of A.I. driving the market growth in the region. Germany followed after the U.K. is expected to witness rapid growth in the area due to chronic diseases like CVD and respiratory diseases as a considerable number of people.
Key players operating in the Europe C-Arms Market profiled in this 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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