Global Image-Guided Surgery Devices Market – Analysis and Forecast (2018-2024)
The global image-guided surgery devices market is predicted to grow at 7.1% CAGR during the forecast period with the market size reaching USD 6.3 billion by 2024. Image-guided surgery is also known as navigation surgery, it visually correlates intraoperative anatomy with preoperative CT scan. Image-guided surgery devices are used for guiding surgeons during the surgery. It enhances accuracy during the surgery, decreases procedure time, reduces complexity, and insignificant surgical scar. Download Free Report Sample At: https://www.vynzresearch.com/healthcare/image-guided-surgery-devices-market/request-sample The mounting occurrence of neurological disorder, increasing demand and penetration of image-guided surgery devices in developing economies, expanding the geriatric population, mounting healthcare awareness, and intensifying healthcare expenditure are the key factors leading to the growth in the image-guided surgery devices market, globally. For instance, according to the World Health Organization (WHO), globally in 2010 approximately 524 million people were aged 65 years and older and is expected to reach 1.5 billion in 2050. The geriatric population is susceptible to neurological disorders moreover, the low immunity makes problematic for them to recover from the side-effects of invasive treatments, thus image-guided surgery devices are escalating demand for non-invasive surgery. Some of the other key factors driving the growth of the industry are the mounting occurrence of chronic diseases such as cancer, and technological developments in medical imaging. Geographically, North America is the largest image-guided surgery devices market as the region is home to a large number of industry players and has a high frequency of acceptance of novel technologies. In addition, expanding geriatric population, escalating demand of non-invasive surgery, obtainability of skilled professionals, mounting healthcare awareness, intensifying demand of minimally invasive surgery, the mounting occurrence of neurological disorder, and escalating healthcare expenditure are also fueling the growth of the North American image-guided surgery devices market. Asia-Pacific is observed to witness significant growth in the image-guided surgery devices market during the forecast period, as the region comprises of a large population, and refining healthcare infrastructure. Moreover, expanding the geriatric population, intensifying demand for minimally invasive surgery, mounting healthcare awareness, and speedily increasing medical tourism are also facilitating the significant growth of Asia-Pacific image-guided surgery devices industry. Read More: https://www.vynzresearch.com/healthcare/image-guided-surgery-devices-market Market players in the image-guided surgery devices industry are investing capital to develop technologically advanced systems. In June 2018, Royal Philips acquired EPD Solutions, to improve its product portfolio of image-guided procedures for cardiac arrhythmias. Siemens AG, Koninklijke Philips N.V, Medtronic Plc, Stryker Corporation, Hitachi, Ltd., Varian Medical Systems, Inc., Smith & Nephew plc, KARL STORZ GmbH & Co. KG., Zimmer Holdings, Inc., and General Electric are some of the key players offering solutions for image-guided surgery devices.
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