North America Intraoperative Imaging Market

North America Intraoperative Imaging Market Size & Growth (2023 to 2028):

As per the research report, the size of the North America Intraoperative Imaging Market is valued at USD 0.58 Billion in 2023 and is estimated to be growing at a CAGR of 5.25% to reach USD 0.76 Billion by 2028 during the forecast period 2023 to 2028.

The North American intraoperative imaging market is driven by the increasing incidence of surgeries, the emergence of focussed imaging technologies, and increasing healthcare expenditure. Also, the rising initiatives and fundings by the government and non-government firms for the research and development processes and the increase in the demand for minimally invasive treatments and procedures are the factors driving the growth of the intraoperative imaging market.

The increased population with rising population of older adults in the region is majorly driving the intraoperative imaging market. The aging population in this region is estimated to increase from 52 million to 95 million, which is 16 percent to 23 percent of the total population. In addition, with the increase in the prevalence of chronic diseases such as heart disease, diabetes and cancer are the primary illness that fatalities in this region as nearly 133 million that is 45 percent of all Americas, suffer from at least one chronic disease and the number is constantly increasing due to constant changes in the lifestyle and the other habits.

Furthermore, innovation and technological advancements, such as intraoperative imaging, are used to verify surgical accuracy in most spine surgeries. The standard method of verifying spine injuries is intraoperative fluoroscopy, but radiation exposure to the patient, surgeon, and operational staff is a significant concern. Therefore, the intraoperative active MRI yields incremental cost-effectiveness in this technology. Therefore, the total benefits gained are 0.18 QALYs at the incremental cost of USD 13447 in microsimulation modeling, resulting in the incremental Cost-effectiveness of USD 76442 per QLAYs.

However, the increase in the high costs of the treatment and equipment of intraoperative imaging as a result of which people to hesitate to get the therapy and thus restricted the market growth; also, due to the lack of skilled and trained individuals for handling and operating the system as it comes with high installation and maintenance costs that led to decrease in the adoption rate for the new techniques and the other facilities.

As well due to lack of initiative and investments in research and development for adapting new innovative and advanced systems that come under inoperative imaging are the factors that are affecting the growth of the intraoperative imaging market.

This research report on the North America Intraoperative Imaging Market has been segmented and sub-segmented into the following categories:

By Product:

• Mobile C-arms

• CT

• Intraoperative MRI

• Intraoperative Ultrasound

By Application:

• Neurosurgery

• Orthopedic

• Trauma

• Spine Surgery

• Cardiovascular

• ENT

• Gastro

• Maxillofacial Surgery

By End User:

• Hospitals

• ASC

• Clinic

By Country:

• U.S

• Canada

• Rest of North America

Geographically, the North American market holds the largest market share in the intraoperative imaging market, and it is estimated to lead the global in intraoperative imaging in the coming years. The market growth is attributed to the availability of advanced healthcare facilities, favorable reimbursement policies, and technological advancements in the healthcare sector. Also, the growing population with the rise in the geriatric population is significant, attributed to the intraoperative imaging market growth in the region. In addition, the major countries in the area, such as the United States and Canada, are expanding the North American market growth. 

The U.S. intraoperative imaging market is anticipated to register the largest share of the intraoperative imaging market. Availability of advanced technology among medical and healthcare sectors with the increase in the demand for minimally invasive techniques and the new developments and advancements in the system such as three model systems, mobile C- arm devices, etc.,

KEY MARKET PARTICIPANTS:

Companies playing a dominant role in the North America Intraoperative Imaging Market profiled in this report are G.E. Company (U.S.), Siemens AG (Germany), Koninklijke Philips N.V. (Netherlands), Ziehm Imaging GmbH (Germany), Toshiba Corporation (Japan), Medtronic (Ireland), Brainlab AG (Germany), IMRIS Deerfield Imaging (U.S.), NeuroLogica Corporation (U.S.), and Shimadzu Corporation (Japan.