The global surgical imaging market generated USD 1063 million in 2018, and is projected by Allied Market Research to reach USD 1496 million by 2026, growing at a CAGR of 4.3 percent from 2019 to 2026. It is estimated that surgical imaging market will show significant growth over these seven years owing to growth in number of minimally invasive surgical procedures across geographies with increasing popularity of flat-panel detector (FPD); increase in the number of hybrid operating rooms will significantly boost the growth of the surgical imaging market. Furthermore, increase in demand for integrated imaging systems and technological advancement in surgical imaging systems, such as new launch of O-arms and G-arms, further contribute to demand. However, higher cost of surgical imaging systems can impede the market growth.
Asia-Pacific presents lucrative opportunities for the key players operating in the surgical imaging market, with high population base, growth in awareness about surgical imaging, development in healthcare infrastructure, and increase in demand for minimally invasive procedures. However, higher cost of surgical imaging systems and the fact that insurance companies do not cover the entire material expenses of a surgery hamper the market growth in Asia-Pacific.