Trends
Orthopedic imaging market size to reach US$ 13061.1M by 2027
Coherent Market Insights has published a new research report titled “Orthopedic Imaging Market 2022 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities)”, size, share, and outlook. This research offers strategic recommendations based on industry experts’ consultations on market development, consumer demand, sales patterns, revenue forecasts, gross margins, and regional growth. It focuses on regional developments as well as market growth, pricing, sales patterns, revenue forecasts, and gross margins. The competitive landscape analysis of the top leading competitors is included in this study, together with information on their company profiles, industry sectors, market drivers, restraints, challenges, and opportunities during the upcoming years.
The global Orthopedic Imaging market was valued at US$ 2,526.8 Mn in 2020 and is expected to reach US$ 3,505.2 by 2028 at a CAGR of 4.2% between 2022 and 2028.
Orthopedic imaging devices are used for the detection for fractures, bone dislocation, ligament tear, arthritis, post-surgical complications, and surgical intervention. Increasing prevalence of orthopedic diseases and bone injuries is expected to propel growth of the global orthopedic imaging market over the forecast period. Moreover, increasing demand for three-dimensional (3D) medical imaging equipment is expected to boost growth of the global orthopedic imaging market over the forecast period. These new technologically advanced systems 3D visualization with accuracy and rapid diagnoses.
Orthopedic Imaging Market Competitive Landscape and Segmentation Analysis:
The research includes a number of significant market manufacturers. It aids readers in understanding the alliances and strategies that market players employ to stave off competition. This thorough research provides a thorough analysis of the market. The footprints can be found by looking at the manufacturers’ global revenue and global price.
Our report focuses on top players in global Orthopedic Imaging Market, with production, price, revenue and market share for each manufacturer, covering:
Top companies include:
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- • GE Healthcare *
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- • Siemens AG
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- • Esaote SpA
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- • Hitachi Ltd.
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- • Koninklijke Philips N.V.
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- • Planmed OY
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- • EOS Imaging
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- • Toshiba Corporation
Detailed segmentation:
By product type:
- X-ray system
- CT-scanner
- MRI system
- EOS imaging systems
- Ultrasound
- Nuclear imaging systems
Regional analysis
- North America: United States, Canada, and Mexico
- Soucth & Central America: Argentina, Chile, Brazil and Others
- Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.
- Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.
- Asia Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.
However, dearth of global standardization in the Orthopedic Imaging market all over the world is likely to hamper growth of the global Orthopedic Imaging market over the forecast period.
Impact of Covid-19
The epidemic of Covid-19 pandemic adversely impacted several industries. The virus outbreak in China spread across more than 100 countries around the world due to which many countries announced stringent lockdown regulations across nations in order to curb the virus spread. Several industrial operations were disrupted during this period as many businesses were closed down. The pandemic negatively impacted many markets including the one in discussion as product demand and sales significantly declined during the pandemic. However, as the pandemic situation goes back to normal, the market is likely to regain growth.
Key takeaway
The X-Ray System segment in the global orthopedic imaging market was valued at US$ 2,526.8 Mn in 2019 and is expected to reach US$ 3,505.2 Mn by 2027 at a CAGR of 4.2% during the forecast period. Increasing demand for three-dimensional (3D) medical imaging equipment is expected to boost growth of the segment over the forecast period. Coherent Market Insights
