C-Arm Market is projected to be worth USD 3.06 billion by 2033 and is anticipated to surge at a CAGR of 4.96%.
C-arms are technological instruments that use X-rays to link a detector and an X-ray source. This non-invasive diagnostic tool is primarily utilized in orthopedic and cardiac operations. Surgeons can watch the progress of the treatment by installing the custom-made c-arm system on the patient's table, which allows for real-time X-ray imaging. It is frequently utilized in surgery, orthopedics, traumatology, vascular surgery, and cardiology for intra-operative imaging. The technology produces high-resolution X-ray images in real time, allowing the surgeon to monitor progress at any point during the treatment.
Global C-Arm Market Driving Factors and Challenges
Drivers: The C-arms industry is expected to increase steadily going forward. As the frequency of surgical procedures and the incidence of chronic diseases rise, so does the requirement for diagnostic imaging medical equipment, which propels market expansion. The industry is expanding due in part to the introduction of more sophisticated C-arms systems with enhanced safety features and the growing popularity of minimally invasive surgical techniques. Cardiology, orthopedics, vascular, and neurosurgery are among the least invasive procedures that use C-arm imaging technologies. Together, these factors are primarily responsible for the market's rise.
Challenges: Refurbished Equipment Could Limit Market Expansion and Lower Need for New Shipments. The cost of C-arm systems has increased as a result of improvements in functionality and design as well as market participants' persistent focus on introducing new products. Due to infrequent use, many small and medium-sized healthcare facilities would like to spend less money on equipment. Consequently, their preference for buying refurbished computers has impeded the adoption of novel imaging technology.
Impact of COVID-19 on Global C-Arm Market
The COVID-19 pandemic is expected to have an effect on the C-arms market. Due to COVID-19, the majority of image-guided C-arm procedures are elective and were postponed. Due to this delay, hospitals refrained from purchasing costly capital equipment during the pandemic, instead focusing on ventilators and other equipment necessary to support COVID-19 therapy. In 2020, there were over 28.4 million elective surgeries cancelled or postponed worldwide, according per a report published in the British Journal of Surgery in May 2020. The analysis was predicated on a peak 12-week period of COVID-19-related hospital service disruption.
C-Arm Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; FUJIFILM Holdings Corporation, Canon Inc., Koninklijke Philips N.V., Nanjing Perlove Medical Equipment Co., Ltd., Trivitron Healthcare, General Electric Company, Hologic, Inc., Siemens AG, Ziehm Imaging GmbH, Shimadzu Corporation.
Global C-Arm Market Segmentation:
By Type: Based on the Type, Global C-Arm Market is segmented as; Mobile C-Arms, Fixed C-Arms.
By Application: Based on the Application, Global C-Arm Market is segmented as; Cardiology, Gastroenterology, Neurology, Orthopedic and Trauma, Oncology, Others.
By End User: Based on the End User, Global C-Arm Market is segmented as; Hospitals, Diagnostic Centers, Speciality Clinics.
By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.