Fluoroscopy Devices Market Analysis

1. Market Size & CAGR of Fluoroscopy Devices Market in 2021

The global fluoroscopy devices market is estimated to have a growth rate of 4.2% CAGR from 2021 to 2030. The market size is expected to reach USD 3.5 billion by 2028.

2. COVID-19 Impact on the Fluoroscopy Devices Market

The COVID-19 pandemic has significantly impacted the fluoroscopy devices market. Due to lockdowns and restrictions on non-essential medical procedures, the market witnessed a dip in demand in 2020. However, with the gradual resumption of healthcare services, the market is expected to recover in the coming years.

3. Fluoroscopy Devices Dynamics

Fluoroscopy devices are widely used in various medical procedures such as angiography, orthopedic surgeries, and gastrointestinal examinations. The market is driven by technological advancements, increasing prevalence of chronic diseases, and growing demand for minimally invasive procedures.

4. Segments and Related Analysis

The fluoroscopy devices market can be segmented based on product type, application, end-user, and region. The key segments include fixed fluoroscopy systems, mobile fluoroscopy systems, cardiovascular applications, orthopedic applications, hospitals, and clinics.

5. By Region Analysis

Regionally, North America dominates the fluoroscopy devices market, followed by Europe and Asia Pacific. The market in North America is driven by the presence of advanced healthcare infrastructure and increasing investments in medical imaging technologies.

6. Key Market Players and Competitive Landscape

Key players in the fluoroscopy devices market include GE Healthcare, Siemens Healthineers, Philips Healthcare, Toshiba Medical Systems, and Hitachi Healthcare. These companies focus on product innovation, strategic partnerships, and acquisitions to maintain their market position.

7. Recent Happenings in the Fluoroscopy Devices Market

In recent developments, GE Healthcare launched a new mobile fluoroscopy system with advanced imaging capabilities. Siemens Healthineers announced a collaboration with a research institute to develop AI-powered fluoroscopy devices. Philips Healthcare introduced a next-generation fixed fluoroscopy system for cardiac imaging.