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Orthopedic Imaging Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024

Orthopedic Imaging Market By Product Type (X-Ray, Positron Emission Tomography (PET), EOS Imaging Systems, Conventional radiography, Fluoroscopy, Arthrography, Ultrasound, Scintigraphy (Radionuclide Bone Scan), Dual Energy X-Ray Absorptiometry (DEXA or DXA), CT-Scanner, Magnetic Resonance Imaging (MRI)), By Indication (Acute injuries, Chronic Disorders), By Distribution Channel (Hospitals, Radiology Centers, Ambulatory Surgery Center (ASCs), and Geography.

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Market Outline: Orthopedic Imaging Market

 

The growing incidence of orthopedic disorders lead to the origin of 3D imaging technology. The 3D imaging technology is gaining popularity owing to improved bone examination and proper implantation. The ease of diagnosis of unknown disorders and the bone injuries using the orthopedic imaging technique is gaining more attention among the patient pool. The orthopedic imaging devices help guiding the physicians and the other healthcare workers identify the problem of the patient in a better possible way which helps in early detection of the disease.

 

Market Dynamics: Orthopedic Imaging Market

 

Orthopedic imaging market is majorly driven by the increase in the incidence of orthopedic disorders and bone injuries such as rheumatoid arthritis, osteoporosis, arthritis, osteoarthritis. The rise in the aging population all over the world is also driving the growth of the orthopedic imaging market. The advancement in the technology help building an improved version of the device which enabling the availability of the device up to date. The medical imaging has revolutionized due to the advent of 3D medical imaging equipment. The awareness about the techniques and tools used for the diagnosis and treatment of orthopedic conditions among the patient pool is expected to drive the orthopedic imaging market. However, the increased investment and lack of skilled professionals are constraining the market revenue growth.

 

Global orthopedic imaging market was valued at US $ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024

 

Market Scope: Orthopedic Imaging Market

 

Orthopedic imaging market is segmented based on the product type, indication, and distribution channel

Based on the product type, the market is segmented into the following:

  • X-Ray
  • Positron Emission Tomography (PET)
  • EOS Imaging Systems
  • Conventional radiography
  • Fluoroscopy
  • Arthrography
  • Ultrasound
  • Scintigraphy (Radionuclide Bone Scan)
  • Dual Energy X-Ray Absorptiometry (DEXA or DXA)
  • CT-Scanner
  • Magnetic Resonance Imaging (MRI)

 

Based on the indication, the market is segmented into the following:

  • Acute Injuries
    • Trauma cases
    • Sports injuries
  • Chronic Disorders
    • Osteoporosis
    • Osteoarthritis
    • Prolapsed Disc
    • Degenerative Joint Diseases
  • Others

 

Based on the distribution channel, the market is segmented into the following:

  • Hospitals
  • Radiology Centers
  • Ambulatory Surgery Center (ASCs)

 

Regional Analysis:  Orthopedic Imaging Market

 

Geographically, global orthopedic imaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America orthopedic imaging market is growth driven by increase in the aging population in the region. According to the Centers for Disease Control and Prevention (CDC), in the US 54.4 million adults had arthritis in 2017 and the numbers are expected grow considerably over the forecasted period. Due to the availability of key vendors and advanced infrastructure the market in this region is witnessing the robust growth. The European region and the emerging countries of Asia Pacific region are showing higher growth rate due to the rising adoption of imaging technology. The factors such as boosting product approvals and the increased healthcare expenditure are driving the growth of orthopedic imaging market in these regions.

 

Competition Assessment: Orthopedic Imaging Market

 

  • Philips Healthcare (Netherlands )
  • Siemens Healthineers (Germany)
  • Toshiba Medical Systems (Japan)
  • GE Healthcare (U.S)
  • Hitachi (Japan)
  • Koninklijke Philips (Netherlands)
  • Siemens (Germany)
  • Ziehm Imaging (Germany)

 

Notable Market Developments: 

In June 2017, Siemens Healthineers launches Symbia Intevo Bold SPECT/CT scanner.

 

Key Features of the Report:

  • The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
  • The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
  • Philips Healthcare (Netherlands )
  • Siemens Healthineers (Germany)
  • Toshiba Medical Systems (Japan)
  • GE Healthcare (U.S)
  • Hitachi (Japan)
  • Koninklijke Philips (Netherlands)
  • Siemens (Germany)
  • Ziehm Imaging (Germany)

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