Europe to Represent a Dominant Intraoperative Market Through 2024

(Newswire.net — July 26, 2017) New York City, New York — Surge in adoption of minimally-invasive surgeries has led to an upsurge in demand for intra-operative imaging across various hospitals, and clinics. Moreover, market players are increasingly focusing on strategic collaborations in order to get an edge over the other market players. 

Factors Propelling Growth of the Global Market

Increasing strategic alliances and collaborations among market players is likely to impact growth of the global intra operative imaging market positively. The intra operative imaging devices are witnessed to be gaining significant demand in the diagnostic centers and hospitals globally by the end of 2024. Moreover, surge in demand for minimally invasive surgeries will contribute towards growth of the global intra operative imaging market during the predicted period. 

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Further, medical professionals and patients globally lack awareness regarding the benefits of intraoperative images as compared to other technologies for imaging. With increasing acceptance and adoption of the intra operative imaging devices in diagnostic centers and hospitals, these devices can further be enhanced in order to include attributes such as real-time imaging.

Hospitals to Remain a Leading Segment

Hospitals among other end users are likely to represent a major end user of intraoperative imaging devices in the global intra operative imaging market during the predicted period. Intra operative imaging will further witness an upsurge in demand in cancer research institutions. This is likely to impact growth of the global intra operative imaging market positively by the end of 2024. End users in this market are trying to enhance treatment of imaging and diagnostic approach for various cancers.

The intra operative imaging devices will witness significant demand among the cancer research institutes globally in 2016. The cancer research institutes globally will represent around US$ 180 million in 2016. Neurosurgical interventions are likely to represent a major application for intra operative imaging globally. Neurosurgery will represent around US$ 400 million for neurosurgical imaging procedures throughout 2024. Intraoperative imaging will further witness a relatively high demand in the cardiovascular and orthopedic diagnosis. Systems among other components will account for major revenue share in the global market by the end of 2024.

Europe to Represent a Dominant Market

North America among other regions is likely to represent a leading market for intraoperative imaging globally. The systems segment in North America remained dominant in terms of revenue in 2015. This segment in North America is likely to remain dominant in the global intraoperative imaging during the predicted period. Europe among other market players will remain dominant in terms of revenue in the global intraoperative imaging market through 2024. APAC and Latin America among other regions will represent a relatively fast CAGR growth of 10% by 2024 end.

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Market Players

Leading market players operating in the global intraoperative imaging market include Siemens AG, Koninklijke Philips NV, Toshiba Corporation, and Brainlab AG. Major market players operating in the global intra operative imaging market will mainly concentrate on strategic collaborations and alliances during the predicted period.