The Global Image-guided Therapy Systems Market is Predict to reach $5.5 Billion by 2028, at a CAGR of 5.4%

Published Date: 31-Jul-2022

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Image-guided Therapy Systems Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Image-guided Therapy Systems Market size is expected to reach $5.5 billion by 2028, rising at a market growth of 5.4% CAGR during the forecast period.

The Neurosurgery segment has shown the growth rate of 6.4% during (2022 - 2028). In addition to the increase in accidents, trauma cases, and neurological illnesses, this segment is also benefiting from growing collaborations with important companies working on the development of image-guided therapeutic systems. Surgery of the nervous system, including the brain, spinal cord, and peripheral nervous system, is called neurosurgery, or simply neurosurgery.

The Hospitals segment is leading the Global Image-guided Therapy Systems Market by End-use in 2021 thereby, achieving a market value of $2.5 billion by 2028. It is due to the rise in different procedures and the widespread use of image-guided therapy systems in hospitals. Due to the growing demand for clinical workflows to be optimized cost-effectively, hospitals are implementing these technologies.

The Ultrasound Systems segment is showcasing CAGR of 6.3% during (2022 - 2028). To study inside organs, a piece of ultrasound equipment produces images. High-frequency sound waves are emitted by the apparatus, which the body's structures reflect. The waves are picked up by a computer, which uses them to produce a picture. This test does not involve the use of ionizing radiation, unlike an x-ray or CT scan. Equipment called ultrasonography uses ultrasonic waves to map an object's internal structure using the rebounding waves.

The North America market dominated the Global Image-guided Therapy Systems Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2 billion by 2028. The Europe market is exhibiting a CAGR of 5.2% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 5.8% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Koninklijke Philips N.V., Medtronic PLC, Siemens Healthineers AG (Siemens AG), Analogic Corporation, General Electric (GE) Co. (GE Healthcare), Brainlab AG, Olympus Corporation, and Stryker Corporation.

Global Image-guided Therapy Systems Market Segmentation

By Application

  • Cardiac Surgery
  • Urology
  • Neurosurgery
  • Gastroenterology
  • Orthopedic Surgery
  • Oncology Surgery
  • Others

By End-Use

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Research & Academic Institutions

By Product

  • Endoscopes
  • Magnetic Resonance Imaging (MRI)
  • Computed Tomography (CT) Scanners
  • Ultrasound Systems
  • X-ray Fluoroscopy
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Koninklijke Philips N.V.
  • Medtronic PLC
  • Siemens Healthineers AG (Siemens AG)
  • Analogic Corporation
  • General Electric (GE) Co. (GE Healthcare)
  • Brainlab AG
  • Olympus Corporation
  • Stryker Corporation

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Related Reports:

North America Image-guided Therapy Systems Market Future Scope & Opportunities 2022-2028

Europe Image-guided Therapy Systems Market Size & Growth Forecast 2022-2028

Asia Pacific Image-guided Therapy Systems Market Size, Share & Industry Outlook to 2028

LAMEA Image-guided Therapy Systems Market Growth, Trends & Forecasts 2022-2028

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