As chronic diseases become more widespread, the global C-arms market is expected to grow considerably during the forecast period. Fortune Business Insights shares valuable market analysis in its report, titled “C-arms Market Size, Share and Global Trend by Size (Mini C-arms, Compact C-arms, Full-size C-arms, Others), By Application (Cardiology, Urology, Neurology, Orthopaedics, Others), By Type (Fixed, Mobile), By Technology (Image Intensifiers, Flat Panel Detectors), By End User (Hospitals, Specialty Clinics, Diagnostics & Imaging Centers, Others), and Geography Forecast till 2026”. The report also incorporates a comprehensive evaluation of emerging market trends and factors that will impact the market.
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Some of the major companies that are present in the Global C-Arms Market are;
- General Electric Company
- Siemens AG
- Koninklijke Philips N.V.
- Agfa-Gevaert Group
- Fujifilm Holdings Corporation
- Shimadzu Corporation
- Hitachi, Ltd.
- Hologic Inc
- Carestream Health
- Varian Medical Systems, Inc.
- Imaging Dynamics Company Ltd., and others.
C-arms are fluoroscopic machines that intensify the resolution of the images taken using X-rays. They work on the same premise as X-ray machines and are essentially advanced medical imaging devices. They are named so because of the C-shaped present in the machine that connects the detector with the X-ray source. The technology is non-invasive and is widely being employed in different medical procedures.
Multiple Benefits of C-arms to Boost the Market
The global C-arms market is set to witness substantial growth on account of the growing awareness about the multiple benefits of using C-arms machines. For example, C-arms technology is non-invasive in nature, making it a safe and reliable option before and after surgery. These systems enable physicians to get real-time images of patients’ internal structure and perform procedures more efficiently and accurately. A more precise diagnosis is also made possible by these machines. Moreover, C-arms devices are portable and flexible and hence can be easily carried and installed in different locations. These factors are expected to work in favour of the global C-arms market during the forecast period.
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Wide Applicability of C-arms to Aid Market Expansion
As a result of their non-invasive character, C-arms systems are finding wide applicability across various medical procedures. For instance, C-arms technology is becoming popular in imaging and diagnosing kidney drainage in high resolution. The technique is also being employed in cardiovascular surgeries, valve replacement procedures, gastroenterology, anaesthetics, neuro stimulation, among others. The increasing popularity of the technology across the medical field is anticipated to provide a forward thrust to the global C-arms market till 2026.
Lack of Access to Well-Functioning Medical Equipment in Developing Nations to Hinder Market Growth
According to the WHO, 50 to 80% of medical equipment in developing nations is not working. Moreover, accessing advanced medical technology, such as C-arms machines, is difficult for low and middle-income countries. Countries that can afford them find it hard to maintain them owing to high maintenance costs and lack of trained professionals. These factors are likely to restrain the global C-arms market growth as developing nations have large patient pools.
Increasing Investment in Innovation to Fuel Market Competition; Regulatory Approvals Send Positive Signals
Key players in the global C-arms market are increasingly focussing their investment energies on research and innovation so as to develop new products and diversify their product range. For example, Ziehm Imaging developed the Vision RFD that combines the flexibility and mobility of C-arm with fixed room imaging capabilities. Moreover, regulatory approvals are expected to encourage firms to double down their efforts in innovation and make the global C-arms market more dynamic. For example, Siemens Healthineers received FDA clearance in late 2018 for its innovative mobile C-arms system, Cios Spin, that is capable of provide advanced 3D images.
Fortune Business Insights covers some of the major market participants. These include Fujifilm Holdings Corporation, General Electric Company, Imaging Dynamics Company Ltd., Siemens AG, Koninklijke Philips N.V., Carestream Health, Shimadzu Corporation, and others.
High Adoption Rates to Spur the Market in North America
Higher adoption rates along with robust healthcare infrastructure, presence of major players, increasing geriatric population, and growing incidence of chronic diseases will keep North America in a commanding position in the global C-arms market during the forecast period. Asia-Pacific is to closely follow on account of growing preference for minimally invasive procedures and greater access to advanced imaging technologies.
KEY QUESTIONS ANSWERED:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the market growth?
- What are the key technological and market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
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