Global Surgical Imaging Technology Market to Reach $1.8 Billion by 2027
Amid the COVID-19 crisis, the global market for Surgical Imaging Technology estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2027, growing at a CAGR of 3.9% over the period 2020-2027. Image Intensifier C-arms, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Flat Panel Detector C-arms (FPD C-arms) segment is readjusted to a revised 4.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $362.5 Million, While China is Forecast to Grow at 7% CAGR
The Surgical Imaging Technology market in the U.S. is estimated at US$362.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$373.3 Million by the year 2027 trailing a CAGR of 7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.
Select Competitors (Total 38 Featured):
Amid the COVID-19 crisis, the global market for Surgical Imaging Technology estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2027, growing at a CAGR of 3.9% over the period 2020-2027. Image Intensifier C-arms, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Flat Panel Detector C-arms (FPD C-arms) segment is readjusted to a revised 4.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $362.5 Million, While China is Forecast to Grow at 7% CAGR
The Surgical Imaging Technology market in the U.S. is estimated at US$362.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$373.3 Million by the year 2027 trailing a CAGR of 7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.
Select Competitors (Total 38 Featured):
- Allengers Medical Systems Ltd.
- Eurocolumbus Srl
- GE Healthcare
- Genoray Co., Ltd.
- Hologic, Inc.
- Koninklijke Philips NV
- OrthoScan, Inc.
- Shimadzu Corporation
- Siemens AG
- Toshiba Medical Systems Corporation
- Ziehm Imaging GmbH
Frequently Asked Questions about the Global Market for Surgical Imaging Technology
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| Report Attribute | Details |
|---|---|
| No. of Pages | 278 |
| Published | April 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD ) in 2020 | $ 1.3 Billion |
| Forecasted Market Value ( USD ) by 2027 | $ 1.8 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS4. GLOBAL MARKET PERSPECTIVE
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
III. MARKET ANALYSIS
IV. COMPETITION
