Radio-Fluoroscopy systems are widely being used in a number of interventional radiological procedures. These include the treatment of a number of complications such as varicose veins, embolic and thrombi interventions, aortic aneurysms, and others. Thus, consistent usage of radio-fluoroscopy systems for this medical diagnosis and treatment is anticipated to propel the market growth in the forecast period. Over the years, radio-fluoroscopy systems have found applications in various medical fields such as gynecological, pediatric, cardiology, respiratory, urology, vascular, gastroenterology, and orthopedics.
Radio-Fluoroscopy Systems: Market Dynamics
Many technology-based advancements such as integration of radio-fluoroscopy systems with flat panel detectors for high-intensity imaging, angiography in rotational mode integrated with computerized tomography and thallium-doped cesium iodide integrated with high-resolution fluoroscopes are anticipated to propel radio-fluoroscopy systems market growth over the forecast period. Additionally, low radiation risk, increase in workflow efficiency, minimal invasion, and high visibility during surgical procedures are some of the other attributes, which are anticipated to boost the market of radio-fluoroscopy systems in the forecast period.
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Besides, the increase in the number of product showcases by manufacturers for the promotion of radio-fluoroscopy systems in various cardiology and respiratory conferences and seminars will also key factors for the growth. Increase in some of the medical invention procedures is also anticipated to drive the radio-fluoroscopy systems market. Some of the promising procedures where these systems could be used include coronary interventions and angiography, electrophysiology studies, ablation, and diagnostic catheter. Besides, increase in number of orthopedic treatments due to rise in both sport injuries and geriatric population are also anticipated to boost the market for radio-fluoroscopy systems.
Radio-Fluoroscopy Systems Market: Segmentation
Segmentation by Technology Type:
- Analog Systems
- Digital Systems
Segmentation by Application:
Segmentation by End User Type:
- Ambulatory Surgical Centers
- Specialty Clinics
Radio-Fluoroscopy Systems Market: Overview
With many benefits associated with radio-fluoroscopy systems, the market is anticipated to witness a robust growth over the forecast period. The systems are mostly portable, offer sensitivity to radiation, capable to record X-rays for optical magnification, and offer scattered radiation with lower frequency. Furthermore, radio-fluoroscopy systems are less prone to body surfaces, offering real-time tracking of images with greater stability and clarity. Over the years, the market has flourished due to high demand for digital radio-fluoroscopy systems majorly in cardiovascular imaging as if could offer highly intensified energy projections, resulting in broad use in comparison to previous years.
Radio-Fluoroscopy Systems Market: Region-wise Outlook
North America with US as the major revenue generator to the region, is anticipated to dominate the radio-fluoroscopy systems market in 2018. Frequent strategic collaborations for technology knowledge exchange and development of advanced products are some of the factors responsible to the regional the radio-fluoroscopy systems market growth. Both European and Asian radio-frequency systems are also likely to witness steady growth thanks to flexible regulatory and reimbursement framework, aimed at ensuring patient safety & maintaining high diagnostic quality. Emerging economies in Asian region, including India and China, are anticipated to witness strong economic growth that will fuel the market of radio-fluoroscopy systems market witnessing highest Y-o-Y growth. Niche markets such as Latin America and MEA are likely to witness average market growth of radio-fluoroscopy systems. Various disease prevalence requiring usage of radio-fluoroscopy systems for treatment and improving infrastructural standards are expected to boost the demand for radio-fluoroscopy systems across the region.
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Radio-Fluoroscopy Systems Market: Key Players
Some of the key players present in global Radio-Fluoroscopy Systems market include Shimadzu Scientific Instruments, Hitachi Medical Systems, Perlong Medical, Siemens Healthcare Private Limited, General Electric Company, Canon Medical Systems Corporation, BMI Biomedical International s.r.l, Carestream Health, Stephanix, Ms Westfalia GmbH and many more. In addition presence of small and local manufacturers across China and India will also account for competiveness in radio-fluoroscopy Systems market.