FLUOROSCOPY AND C-ARM MARKET ANALYSIS

Fluoroscopy And C-Arm Market, By Type (C-Arms (Mini C-Arms, Compact C-Arms, Full-Size C-Arms), Fluoroscopy Devices), By Application (Cardiology, Gastroenterology, Neurology, Orthopedic and Trauma, Oncology, and Others), By Portability (Fixed Systems and Mobile Systems), By End User (Hospitals, Clinics, Diagnostic Centers, Specialty Clinics, and Ambulatory Surgical Centers), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

The global fluoroscopy and C-arm industry is expected to witness steady growth over the forecast period driven by the increasing prevalence of chronic diseases and rising demand for minimally invasive surgeries. The market will further benefit from the growing geriatric population who are more prone to orthopedic disorders. Technological advancements leading to the development of more portable and advanced C-arms with flat panel detectors and lower radiation dose will support market expansion. North America currently dominates the market owing to favorable reimbursement policies and rising healthcare expenditure in the region. Asia Pacific is expected to be the fastest growing regional market owing to growing medical tourism, improving healthcare infrastructure, and rising healthcare spending in China and India.
High cost of fluoroscopy guided procedures, limited reimbursements, and lack of skilled physicians could restrict market growth to a certain extent. Stringent regulations pertaining to radiation emission from fluoroscopy devices also acts as a challenge for manufacturers. Moreover, advanced fluoroscopy systems have a long replacement cycle that could hamper frequent purchase of new systems. The market players could benefit by focusing on emerging countries in Asia Pacific and Latin America through tie-ups with local market players. Adoption of AI and augmented reality in fluoroscopy imaging offers new opportunities for growth in the long run.