The intraoperative imaging market is witnessing significant growth across the globe owing to factors such as the rising geriatric population and subsequent growth in the prevalence of orthopedic, cardiovascular, and neurological conditions. In addition, the rising preference for minimally invasive surgeries (MIS) and requirement of superior imaging in orthopedics and neurological procedures are expected to support the growth of this market in the coming years. Key players operating in this market are focusing on product launches and product approvals, partnerships, collaborations, expansions, and acquisitions to strengthen their positions in the market.
The market is segmented based on product, application, end users, and regions. On the basis of product, the market is segmented into mobile c-arms, intraoperative computed tomography, intraoperative magnetic resonance imaging, and intraoperative ultrasound. Mobile c-arms is expected to offer lucrative growth opportunities due to the high prevalence of cardiovascular diseases globally and growing number of orthopedic surgeries owing to the increasing geriatric population.
Based on application, the market is segmented into neurosurgery, orthopedic & trauma surgery, spine surgery, cardiovascular surgery and other applications. Considering the growing prevalence of neurological disorders, rising use of minimally invasive techniques for neurological procedures, and use of neurostimulation devices for the treatment of neurological disorders, the market for the neurosurgery segment is expected to register the highest CAGR during the forecast period.
Currently, North America dominates the intraoperative imaging market, followed by Europe. However, the Asia-Pacific market is expected to witness the highest growth during the forecast period. The high growth in this market can be attributed to infrastructural improvements in healthcare facilities, growth in the geriatric population, increasing prevalence of orthopedic disorders, and growing disposable incomes in this region.
Key players operating in the global intraoperative imaging market are Medtronic (Ireland), General Electric Company (U.S.), Siemens AG (Germany), Brainlab AG (Germany), Koninklijke Philips NV (Netherlands), IMRIS Deerfield Imaging (U.S.), NeuroLogica Corporation (U.S.), Ziehm Imaging GmbH (Germany), Toshiba Corporation (Japan), and Shimadzu Corporation (Japan).