Image Guided Systems Market Growth Analysis 2022-28

The research report “Image Guided Systems Market: By product (X-Ray Fluoroscopy, Endoscopy, Computed Tomography, MRI, PET, Ultrasound Systems, Others), by application (Cardiology, Neurology, Urology, Others) Geography- Global/Region/Country Forecast to 2028.” The global image guided systems market size was valued at USD 4.8 Bn in the year 2021, witnessing at a CAGR rate of 6.2% during the forthcoming years 2022-2028.

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Technological advancements in medical imaging techniques bolster the Image Guided Systems Market

The global image guided systems market report provides current and future market sizes based on regions, application and provider. An all-inclusive outlook around the region is also provided in this report by emphasizing especially on the major regions including Latin America, North America, Middle East, Africa, Asia Pacific and Europe. Image guided systems is the simply invasive process used to treat and diagnose different illnesses particularly for vascular and non-vascular illnesses. Both emerging and established markets have followed business growing techniques. In the market, industry trends are evolving, which will help players to develop successful long-term strategies. 7D surgical made an announcement in January 2017 that it has obtained both 510 (k) clearance from the U.S. Food and Drug Administration (FDA) and a medical device license from Health Canada allowing the North American commercial release of its pioneering Machine-vision Image Guided Surgery (MIGS™) system for spine surgery, the 7D Surgical System. 

 

There are a few major factors fuelling the global image guided systems market are the technological developments in medical imaging techniques and the growing demand for minimally invasive surgeries. Furthermore, another factor bolsters the market share over the prediction period is the growing consciousness amid the consumers and healthcare experts regarding the image guided systems. But, the strict regulatory requirements are anticipated to hinder the growth of market.

 

North America accounted for major share in the Image Guided Systems Market
On the basis of regional analysis, the global image guided systems market is categorized into major regions such as Asia Pacific, Latin America, North America, Middle East, Africa and Europe. Among all the regions, North America market is anticipated to witness considerable rates due to favorable reimbursement policies coupled with the technological developments in the image guiding technologies and the adaptation of minimally invasive devices. Europe image guided systems market is also anticipated to witness significant rates because of the factors such as technological developments in imaging technologies and interventional imaging techniques and presence of major players in the market. Adaptation of minimally invasive techniques to treat different illnesses over the conventional surgery techniques are the factors projected to boost the Asia Pacific market growth. 

 

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Major players operating in the image guided systems market are GE Healthcare Inc. (U.S.), Siemens AG (Germany), Integra Life Science (U.S.), Medtronic Plc. (U.S.), Toshiba Corporation (Japan) and Koninklijke Philips N.V. (Netherlands). 

 

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