Orthopaedic Imaging Equipment Market To Witness A Healthy Growth During 2026 – D

Posted by Rashi Pande on December 31st, 2019

Market Analysis: Global Orthopaedic Imaging Equipment Market 

Global Orthopaedic Imaging Equipment Market is expected to rise from its initial estimated value of USD 6.1 Billion in 2018 to an estimated value of USD 9 Billion by 2026 registering a CAGR of 4.9%. The continuous demand for advanced technology to enhance the solution is key factor to growth.

Market Definition: Global Orthopaedic Imaging Equipment Market 

Orthopaedic imaging equipment is imaging devices used to diagnose specific nature of musculoskeletal injury or condition. These devices widely used in Hospitals, Radiology Centers, Emergency Care Facility, Ambulatory Surgical Centers.

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Market Drivers

• Rising preference for point-of-care devices
• Rising number of bone-related ailments, fractures and disorders
• Growing public-private investments and funding

Market Restraint

• Rising cost of clinical trials
• Stringent regulations associated with commercialization of orthopaedic imaging devices.

Segmentation: Global Orthopaedic Imaging Equipment Market 

By Product Type

• X-Ray Systems
• CT-Scanner
• MRI Systems
• EOS Imaging Systems
• Ultrasound
• Nuclear Imaging Systems.

By Indications

• Acute injuries
• Sports injuries
• Trauma cases
• Chronic disorders
• Osteoarthritis
• Osteoporosis
• Prolapsed disc
• Degenerative joint diseases

By End – User

• Hospitals
• Radiology centers
• Emergency care facility
• Ambulatory surgical centers

By Geography

• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa

Key Market Competitors: Global Orthopaedic Imaging Equipment Market 

Few of the major market competitors currently working in the global orthopaedic imaging equipment market are General Electric Company, Siemens AG, Koninklijke Philips N.V., CANON MEDICAL SYSTEMS CORPORATION, Hitachi, Ltd., Esaote SpA, Planmed OY, Hologic, Inc.,  Shimadzu Analytical (India) Pvt. Ltd. , FUJIFILM Holdings Corporation, Stryker, Zimmer Biomet, Medtronic, Össur Corporate, Smith & Nephew, DePuy Synthes, NuVasive®, Inc., Wright Medical Group N.V., Globus Medical Inc., DJO Global,  among others..

Key Developments in the Market:

• In March 2019, the Orthopaedic Implant Company launched new product a 5.5mm PEEK suture anchor system for orthopedic surgery. The implant that offers flexibility, at a cost-effective price. Through this Orthopaedic Implant Co. enters sports medicine market.
• In January 2019, Carestream Health, New York-based medical imaging and IT Company announced that they got awarded with 42 U.S. patents from the U.S. Patent and Trademark Office in 2018. There imaging system can help in treating a host of orthopaedic conditions.

Competitive Analysis: Global Orthopaedic Imaging Equipment Market 

The global orthopaedic imaging equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of orthopaedic imaging equipment market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.