A prominent research firm, Cognizance Market Research added a cutting-edge industry report on “C-arms Market”. The report studies the current as well as past growth trends and opportunities for the market to gain valuable insights during the forecast period from 2023 to 2030.
C-arms Market Analysis
According to cognizance market research the C-arms Market is market is valued at US$ 1,824.12 Million in and is anticipated to reach US$ 2,592.00 Million by the end of 2030 with CAGR of 4.5% from 2023 to 2030.
What is C-arms?
A C-arm is a piece of medical imaging equipment that uses X-ray technology and is useful for both diagnostic and interventional treatments. The x-ray generator (the x-ray tube) and x-ray detector (the image intensifier) are connected by a C-shaped arm, hence the name.
C-arms are non-invasive tools used for fluoroscopic intraoperative imaging during challenging surgical and emergency care operations. They have radiographic capabilities and image intensifiers, which help to produce high-resolution X-ray images and enable doctors to track the course of surgery in real-time. Additionally, they aid in the visualization of abdominal and thoracic aortic aneurysm surgery, gastroenterology, neurostimulation, percutaneous valve replacements, and renal drainage. They are therefore extensively used in orthopedics, traumatology, cardiology, vascular surgery, pain management, and neurological procedures everywhere in the world.
C-arms Market Outlook
One of the main factors fostering growth in the market value is the rising prevalence of chronic and acute diseases and disorders all over the world that require early diagnosis and prompt treatment to avoid complications. Additionally, the market will have excellent growth potential due to the increase in traffic accidents. The federal government’s increased funding will likely accelerate market development. Additionally, the growth and expansion of the healthcare sector, driven by both public and private actors, particularly in emerging countries, will present profitable opportunities for the personal health devices market. The introduction of technologically advanced products in hospitals, rising investment in the development of advanced, and government support in approving medical technology are additional factors that have a favourable impact on the market growth rate.
in addition, upsurge in the public-private funding for target research activities, increasing popularity of personalized medicine, and increasing product innovations and development due to technological advancements all around the world will extend profitable opportunities for the market players in the forecast period of 2023 to 2030. Additionally, rising number of strategic collaborations, rising internet penetration rate, expanding number of hospitals and laboratories, greater demand for barely invasive surgical procedures in the developing regions and increasing per capita expenditure on health care will further broaden the market’s growth rate in the future.
On the other hand, it is anticipated that high implementation and upkeep costs, restricted infrastructure, and the high cost of research and development will hinder market expansion. Also, lack of favourable reimbursement scenario and technology penetration in the developing economies, technical issues related to technology, high risk factor associated with the emergency cases, lack of skilled physicians in the developing and underdeveloped regions and lack of suitable infrastructure in low- and middle-income countries are projected to challenge the market in the forecast period of 2023-2030.
The C-arms has been segmented into type, application, detectors and geography. Based on type the c-arms market is further segmented into mobile c-arms and fixed c-arms. The mobile c-arms segment dominated the market owing to rising collaboration of key players with technology based companies to bring technically advanced imaging systems in the market and increasing demand for portable systems from the healthcare settings worldwide.
Based on application, the c-arms market is segmented into cardiology, neurology, gastroenterology, oncology, orthopaedic & trauma and other applications. The cardiology segment captured the largest market share because of increasing prevalence of cardiovascular patients suffering from coronary heart disease.
Based on detector, the c-arms market is further bifurcated into flat panel detectors and imaging intensifiers. Flat panel detectors segment is the leading one owing to the launch of new fat panel detectors with recent technological advancements in imaging technologies, which eases the procedures for clinicians and surgeons
Based on end-user, the market for c-arms is further segmented into hospitals, diagnostic centres, clinics and others. The hospitals segment held the largest share in the market. The increasing prevalence of cardiovascular diseases and the widespread use of c-arms across radiology and surgery departments has emphasized hospitals and manufacturers to collaborate among themselves in order to upgrade and boost their quality of care.
Based on geography the c-arms market has been segmented into five main regions namely, North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. In terms of market share for C-arms, North America held a significant portion of the market and is anticipated to continue to dominate during the forecast era. The market is expanding due to the existence of several significant key players and the rapid advancement of technology in this area. Moreover, boost in the prevalence of chronic disease, the rapid increase in the geriatric population, rising demand for minimally invasive surgical procedures, increasing adoption of technologically advanced C-arms devices and improved healthcare infrastructure, are the major factor driving the growth of the C-arms market in this region.
During the forecast period for the C-arms market, Asia-Pacific is anticipated to expand at the fastest rate. The market growth in the Asia-Pacific region is augmented by extremely populated countries along with increasing collaboration between key organizations and hospitals to improve quality of healthcare and research infrastructure, availability of government funding for research activities, and growing application of C-arms devices for the diagnosis of disease and provide better image quality.
The report offers the revenue of the c-arms market for the period 2020-2030, considering 2020 & 2021 as a historical year, 2022 as the base year and 2023 to 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the c-arms market for the forecast period. The c-arms market report provides insights and in-depth analysis into developments impacting enterprises and businesses on a regional and global level. The report covers the c-arms market performance in terms of revenue contribution from several segments and comprises a detailed analysis of key drivers, trends, restraints, and opportunities prompting revenue growth of the c-arms market.
The report has been prepared after wide-ranging secondary and primary research. Secondary research included internet sources, numerical data from government organizations, trade associations, and websites. Analysts have also employed an amalgamation of bottom-up and top-down approaches to study numerous phenomena in the c-arms market. Secondary research involved a detailed analysis of significant players’ product portfolio. Literature review, press releases, annual reports, white paper, and relevant documents have been also studied to understand the c-arms market. Primary research involved a great extent of research efforts, wherein experts carried out interviews telephonic as well as questioner-based with industry experts and opinion-makers.
The report includes an executive summary, along with a growth pattern of different segmented included in the scope of the study. The Y-o-Y analysis with elaborate market insights has been provided in the report to comprehend the Y-o-Y trends in the c-arms market. Additionally, the report focuses on altering competitive dynamics in the global market. These indices serve as valued tools for present market players as well as for companies interested in participating in the c-arms market. The subsequent section of the c-arms report highlights the USPs, which include key industry events (Type launch, research partnership, acquisition, etc.), technology advancements, pipeline analysis, prevalence data, and regulatory scenario.
C-arms Market Competitive Landscape
The c-arms market is highly competitive and includes the following key players:
Siemens AG introduced its brand-new Artis icono ceiling angiography device in June 2022. It offers full 200-degree angular range three-dimensional (3D) data acquisitions at the patient’s head and from the patient’s side. As a result, the business will be better able to establish itself in the C-arms market with the launch of the new Artis icono C-arms device.
The report explores the competitive scenario of the c-arms market. Major players operating in the c-arms market have been identified and profiled for unique commercial attributes. Company overview (company description, Type portfolio, geographic presence, employee strength, Key management, etc.), financial2s, SWOT analysis, recent developments, and key strategies are some of the features of companies profiled in the c-arms market report.
C-Arms Market, by Type
C-Arms Market, by Application
C-Arms Market, by Detectors
C-Arms Market, by End-User
C-arms Market, by Region
The major players operating in the c-arms include Siemens Healthineers AG, GE Healthcare, Canon Medical Systems Corporation, Hologic Corp., Koninklijke Philips NV, OrthoScan Inc., Shimadzu Corporation, Ziehm Imaging GmbH, Nanjing Perlove Medical Equipment Co., Ltd, Genoray.
The rise in prevalence of diseases, research and development proficiencies and government investments in healthcare infrastructure are the driving factors of c-arms market.
North America is the leading country in the c-arms market.
Based on geography the c-arms market has been segmented into five main regions namely, North America, Asia Pacific, Europe, Latin America, and Middle East & Africa
The mobile c-arms segment is expected to register of CAGR of 4.5% from 2023-2030.
Don’t Miss Out On The Biggest Savings Of The Year!
Get insights that lead to new growth opportunities
We can customize every report – free of charge – including purchasing stand-alone sections or country-level reports
We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail