The Global Image-Guided Surgery Devices Market to Exhibit Growth at a CAGR of 7.53% by 2027, Assesses DelveInsight

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As per DelveInsight analysis in the image-guided surgery devices market, the demand for these devices is expected to rise exponentially owing to an increase in the aging population across the globe who are prone to develop various disorders. Moreover, technological advancements in the product arena are also anticipated to bolster the overall image-guided surgery devices market in the upcoming years.

New York, USA, Dec. 21, 2022 (GLOBE NEWSWIRE) — The Global Image-Guided Surgery Devices Market to Exhibit Growth at a CAGR of 7.53% by 2027, Assesses DelveInsight

As per DelveInsight analysis in the image-guided surgery devices market, the demand for these devices is expected to rise exponentially owing to an increase in the aging population across the globe who are prone to develop various disorders. Moreover, technological advancements in the product arena are also anticipated to bolster the overall image-guided surgery devices market in the upcoming years.

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DelveInsight’s Image-Guided Surgery Devices Market Insights report provides the current and forecast market analysis, individual leading image-guided surgery devices companies’ market shares, challenges, image-guided surgery devices market drivers, barriers, and trends, and key image-guided surgery devices companies in the market.

Key Takeaways from the Image-Guided Surgery Devices Market Report

  • As per DelveInsight estimates, North America is anticipated to dominate the global image-guided surgery devices market during the forecast period. 
  • Notable image-guided surgery devices companies such as Koninklijke Philips N.V., Medtronic, Siemens Healthineers, General Electric Company, Varian Medical Systems, Inc., Brainlab AG, Quest Photonic Devices (Olympus), Stryker, Abbott, inomed Medizintechnik GmbH, Accuray Incorporated, medPhoton GmbH, 7D Surgical,  OnLume Inc., IMRIS, Shimadzu Corporation, FUJIFILM Holdings, Nanjing Perlove Medical Equipment Co., Ltd., Allengers, Elekta AB, and several others are currently operating in the image-guided surgery devices market.   
  • In May 2022, Stryker announced that the US Food and Drug Administration (FDA) had granted 510(k) clearance to use its Q Guidance System surgery platform in spinal operations.
  • In August 2021, Lightpoint Medical and Telix Pharmaceuticals entered into a strategic partnership agreement to explore the potential of integrating their technologies for radio-guided surgery (RGS) to spot cancer in real time.
  • Thus, owing to such developments in the market, rapid growth will be observed in the image-guided surgery devices market during the forecast period.

To read more about the latest highlights related to the image-guided surgery devices market, get a snapshot of the key highlights entailed in the Global Image-Guided Surgery Devices Market Report

Image-Guided Surgery Devices Overview

Image-guided surgery devices offer real-time monitoring during surgery, thereby helping healthcare professionals in reducing the procedure time and chances of errors. These surgical systems have revolutionized conventional surgical techniques by providing a precise treatment guidance system that can help ensure the safety of vital structures while maintaining the best outcome for patients. Various devices such as endoscopes, ultrasound, MRI, and others could be used for image-guided surgeries.

The increase in the prevalence and incidence of chronic disorders such as neurological disorders, cardiovascular disorders, and cancers, among others, across the globe is projected to increase the demand for image-guided surgery devices to improve surgical outcomes. 

Image-Guided Surgery Devices Market Insights

Geographically, the global image-guided surgery devices market is studied in North America, Europe, Asia-Pacific, and the Rest of the World. In terms of revenue share, North America currently leads the global market and is projected to hold its image-guided surgery devices market position during the study period. This domination is owing to the rapidly growing aging population in the region, such as the US, compared to previous years, which is also one of the key factors contributing to the rising image-guided surgery devices market.

Moreover, the occurrence of various strategic business activities in the region, such as company collaborations, acquisitions, product launches, and approval, among others, are also expected to propel the image-guided surgery devices market in the region.

To know more about why North America is leading the market growth in the image-guided surgery devices market, get a snapshot of the Image-Guided Surgery Devices Market Outlook

Image-Guided Surgery Devices Market Dynamics

The global image-guided surgery devices market is likely to observe stellar growth due to an increase in various chronic disorders, such as neurological disorders, cardiovascular disorders, and cancers, among others, that may require surgical intervention for their treatment. Furthermore, the rise in the surgical volume across the globe, an increase in companies’ focus to develop advanced and better image-guided surgery devices, and a surge in approvals and launches of image-guided surgery devices in recent years, are some of the other key factors contributing in image-guided surgery devices market growth.

However, the high cost of the surgery machine and the stringent regulatory approval process for these systems will hinder the image-guided surgery devices market.

Additionally, the unprecedented COVID-19 pandemic has substantially affected the image-guided surgery devices market. This is because surgery increases the risk of transmission of the infection as surgery involves cutting, abrading, and suturing, which cannot be performed without coming in contact. Therefore, to avoid infection transmission, patients avoided visiting hospitals.  Also, stringent guidelines implemented by various governments across the globe, delays in various elective surgeries, and a halt in manufacturing facilities, among others, have slowed down the image-guided surgery devices market. However, the global launch of different vaccines and the implementation of a mass vaccination drive is expected to normalize the image-guided surgery devices market growth in the post-pandemic situation.

Get a sneak peek at the image-guided surgery devices market dynamics @ Image-Guided Surgery Devices Market Dynamics Analysis

Report Metrics Details
Coverage Global
Study Period 2019–2027
Base Year 2021
Image-Guided Surgery Devices Market CAGR 7.53%
Projected Image-Guided Surgery Devices Market Size by 2027 USD 5.22 Billion
Key Image-Guided Surgery Devices Companies Koninklijke Philips N.V., Medtronic, Siemens Healthineers, General Electric Company, Varian Medical Systems, Inc., Brainlab AG, Quest Photonic Devices (Olympus), Stryker, Abbott, inomed Medizintechnik GmbH, Accuray Incorporated, medPhoton GmbH, 7D Surgical,  OnLume Inc., IMRIS, Shimadzu Corporation, FUJIFILM Holdings, Nanjing Perlove Medical Equipment Co., Ltd., Allengers, Elekta AB, among others

Image-Guided Surgery Devices Market Assessment

  • Image-Guided Surgery Devices Market Segmentation
    • Market Segmentation By Product Type: Ultrasound Systems, Endoscopes, Magnetic Resonance Imaging (MRI) Systems, Computed Tomography (CT) Systems, X-Ray Fluoroscopy Systems, Others
    • Market Segmentation By Application: Neurology, Oncology Surgery, ENT Surgery, Orthopaedic Surgery, Others
    • Market Segmentation By End User: Hospitals, Specialty Clinics, and Others
    • Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
  • Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

Which MedTech key players in the image-guided surgery devices market are set to emerge as the trendsetter explore @ Image-Guided Surgery Devices Companies 

Table of Contents 

1 Report Introduction
2 Executive summary
3 Regulatory and Patent Analysis
4 Key Factors Analysis
5 Porter’s Five Forces Analysis
6 COVID-19 Impact Analysis on Image-Guided Surgery Devices Market
7 Image-Guided Surgery Devices Market Layout
8 Global Company Share Analysis – Key 3-5 Companies
9 Image-Guided Surgery Devices Market Company and Product Profiles
10 Project Approach
11 About DelveInsight

Interested in knowing the image-guided surgery devices market by 2027? Click to get a snapshot of the Image-Guided Surgery Devices Market Trends

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About DelveInsight

DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports pharma companies by providing comprehensive end-to-end solutions to improve their performance.  

CONTACT: Contact Us Shruti Thakur  [email protected]  +1(919)321-6187  https://www.delveinsight.com/medical-devices

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