Fluoroscopy Equipment Market: Cardiology to Represent a Leading Segment

Posted on 2019-05-02 by Mark Hub in Healthcare, Industrial // 0 Comments

Rockville, USA, 2019-May-02 — /EPR Network/ —The global fluoroscopy equipment market is expected to witness a moderate growth attributed to increasing adoption in the aviation and healthcare industry. Growing demand for radiation therapy for cancer is expected to impact growth of the global market positively. This Fact.MR report analyzes the expansion of global fluoroscopy equipment market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.

According to a recently published report, the global fluoroscopy equipment market is expected to represent a value of over US$ 2,000 Mn by the end of 2022.

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In terms of revenue, North America currently holds the predominant share of the global market for antibodies and the region is expected to retain its top position over 2022. Further, the North America’s market is anticipated to expand at steady CAGR between 2017 and 2022. This is primarily owing to the existence of an advanced healthcare infrastructure and prominent market participants in the region.

The Fact.MR report provides segment-wise analysis and forecast for covering the wide scope of global fluoroscopy equipment market. Product type, end user, application, and region are key segments that define the growth of the global market for fluoroscopy equipment. In this segmentation analysis, a detailed country-wise forecast across all key market parameters is also included.

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Cardiology to Represent a Leading Segment

With growing need for radiation therapy for cancer, demand for fluoroscopy equipment will continue to rev up in the healthcare industry. The conventional segment is expected to witness the highest revenue growth, accounting for over US$ 400 Mn by the end of 2022. However, the remote-controlled and C-arms segment is expected to register the highest CAGR in the fluoroscopy equipment market throughout 2022.

Based on product type, demand for primary antibodies is significantly high. Global sales of primary antibodies currently account for the largest revenue share of the market. More than US$ 1,000 Mn worth primary antibodies is estimated to be sold worldwide by the end of the forecast period.

On the basis of end user, the academic & research institutes segment is expected to remain highly attractive throughout the assessment period. In terms of revenue, the segment currently commands for more than one-third share of the global market. Towards the end of 2022, this segment is anticipated surpass a valuation of US$ 1,286 Mn, registering a steady growth.

Competition Tracking

Leading market players operating in the fluoroscopy equipment market include Agfa-Gevaert Group, Ziehm Imaging GmbH, Carestream Health, Inc., Hitachi, Ltd., GE Healthcare Inc., Hologic, Inc., Siemens Healthineers, Philips Group, Lepu Medical Tech Co. Ltd, Shimadzu Corporation, Toshiba Medical Systems Corporation, and Ziehm Imaging GmbH.

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