Image Guided Surgery Devices Market Overview:
The Image Guided Surgery Devices Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Image Guided Surgery Devices Market, as well as the causes for variances in the industry's growth in different regions.
The Image Guided Surgery Devices Market is expected to reach US$ 12.58 Bn. at a CAGR of 8.20% during the forecast period 2029.
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Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research were conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. To give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Segmentation:
On the basis of device type, the image guided surgery devices market is segmented into ultrasound systems, magnetic resonance imaging, computed tomography scanners, endoscope, x-ray fluoroscopy, positron emission tomography, single photon emission computed tomography. The computed tomography scanners segment held the largest market share in 2021. Computed tomography scanners have wide applications for tumor detection to imaging of soft tissue structures like fat, lung and liver tissues. Furthermore, turnaround time of computed tomography scanners is much smaller, which is valuable for critical and complicated surgeries.
Based on the application, the image guided surgery devices market has been divided into neurosurgery, orthopedic surgery, cardiac surgery, urology, gastroenterology, and oncology surgery. The orthopedic surgery segment is expected to grow at the largest CAGR of xx % during the forecast period due to expanding the geriatric population, and mounting occurrence of road accidents. For instance, Study of the Association for Safe International Road Travel (ASIRT), nearby xx million to xx million people are disabled or injured by road accidents globally each year. The demand for orthopedic surgeries with image guided technology is expected to increase in the upcoming period because of the maximum number of road accidents. The neurosurgery application segment is accounted the dominant market share in 2021 owing to an upsurge in the precision of the operating procedure, the mounting occurrence of neurological disorder and diseases, and minimum risk of hazards to nonsurgical site in the brain.
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Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research is used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
• The biggest players in the Image Guided Surgery Devices Market are as follows:
• GE Healthcare
• Siemens Healthineers
• Olympus Corporation
• Medtronic
• Koninklijke Philips N.V.
• Analogic Corporation
• Brainlab AG
• KARL STORZ GmbH Co. KG
• Stryker Corporation
• Varian Medical Systems, Inc.
• Hitachi, Ltd.
• Smith Nephew plc
• KARL STORZ GmbH Co. KG.
• Zimmer Holdings, Inc.
• Toshiba Corporation
• GSI Group, Inc.
• Integra LifeSciences Corporation
• Jude Medical, Inc.
• Cacon
• PLANMECA OY
• 3Shape A/S
• X-NAV Technologies, LLC
Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Image Guided Surgery Devices Market analysis. Current and future trends are researched to assess the entire market potential and identify profitable patterns to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Image Guided Surgery Devices Market:
End-user industries where Image Guided Surgery Devices Market is utilized saw a dip in growth from January 2020 to May 2020 in several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Image Guided Surgery Devices Market manufacturers, influencing the development of the Image Guided Surgery Devices Market in 2020. End-user business demand for Image Guided Surgery Devices Market has declined significantly due to lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the Image Guided Surgery Devices Market Report are:
In 2021, which segment held the highest proportion of the Image Guided Surgery Devices Market?
What is the Image Guided Surgery Devices Market's competitive landscape?
What are the primary drivers assisting the Image Guided Surgery Devices Market growth?
Which region has the most market share in the Image Guided Surgery Devices Market?
What will be the Image Guided Surgery Devices Market's CAGR throughout the projected period?
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