Image Guided Systems Market is expected to reach US$ 8.09 billion by 2033, at a CAGR 5.1%

The global image guided systems market is predicted to grow at a 5.1% CAGR during the forecast period, with a revenue of US$ 4.92 billion in 2023 and a revenue of US$ 8.09 billion by 2033.

Leading image guided system vendors offer a diverse range of field-tested and reliable solutions that assist the end user in obtaining good image quality at a low dose. Furthermore, with the primary company’s all-digital imaging equipment, the latter can get all the coverage, detail, and advanced applications they need to see their way through practically any interventional treatment. This is predicted to increase the popularity of image-guided devices.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Image Guided Systems Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Image Guided Systems market.

Key Image Guided Systems Market Takeaways and Projections

  • The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
  • Germany Image Guided Systems market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
  • China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
  • India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

  • Image Guided Systems Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Image Guided Systems market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
  • Image Guided Systems Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Image Guided Systems market. As per the survey, Image Guided Systems sales will project steady growth over the forecast period.
  • Image Guided Systems Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Image Guided Systems market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
  • Image Guided Systems Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Image Guided Systems market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Image Guided Systems market.

Some of the prominent market players are profiled by FMI are:

Some of the key players in Image Guided Systems market are GE Health Care, Inc., Siemens AG, Integra Life Science, Medtronic, Plc. Brain lab AG, St. Jude Medicals, Toshiba Corporation.

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Image Guided Systems Demand Analysis by Category

By Product:

  • Computed Tomography (CT) Scanners
  • Magnetic Resonance Imaging (MRI)
  • Endoscopes
  • X- Ray Fluoroscopy
  • Ultrasound Systems
  • Positron Emission Tomography (PET)
  • Single Photon Emission Computed Tomography (SPECT)

By Application:

  • Neurology Applications
  • Cardiology Applications
  • Gastroenterology Applications
  • Urology Applications

 Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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