LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global interventional image-guided systems market is expected to grow at a CAGR of more than 5% during the forecast period.
This research report titled ‘Global Interventional Image-guided Systems Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This report also includes an up to date analysis and forecasts for various market segments and all geographical regions.
According to Srinivas Sashidhar, a lead analyst at Technavio for medical imaging research, “The demand for interventional CT, X-ray and fluoroscopy, PET, and MRI image-guided systems is growing due to the rising number of cardiology and oncology cases. In addition, new opportunities are emerging in the interventional image-guided systems as researchers and manufacturers focus on developing portable imaging equipment that can be used by mobile healthcare providers.”
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The market research analysis categorizes the global interventional image guided systems market into four major application segments. They are:
- Orthopedic and neurology
- Gastroenterology and urology
Interventional image-guided systems are used for interventional cardiology procedures such as coronary angiography, heart valve replacements, balloon angioplasty procedures, and stenosis. The increasing number of cardiac cases will escalate the demand for interventional image-guided systems in the market. The market is dominated by Siemens Healthineers, Toshiba Medical Systems, Philips Healthcare, and GE Healthcare.
“The integration of interventional image-guided systems with hybrid operating rooms is a growing focus on the market. The hybrid operating room can be used for surgical procedures and catheter-based surgical interventions such as for angiography procedures,” says Srinivas.
Interventional image-guided systems help in pre-procedure planning, which includes identification of tumor, targeting the tumor, and its biopsy. In September 2016, Philips Healthcare launched its next-generation interventional oncology treatment system, the OncoSuite system, at the Cardiovascular and Interventional Radiological Society of Europe’s annual meeting in Barcelona, Spain. The product integrates tumor embolization and ablation procedures with Philips Healthcare’s X-ray system. It combines XperCT Dual for imaging, EmboGuide for live 3D image guidance and tumor embolization, and XperGuide for live 3D image guidance of tumor ablation.
Orthopedic and neurology
Interventional image-guided systems are used for orthopedic treatment such as vertebroplasty, kyphoplasty, and neurological treatment. In vertebroplasty, a special cement is injected into the bone for which imaging systems are used. In the kyphoplasty procedure, a balloon is introduced and inflated into the vertebra by using catheters. The market is dominated by Philips Healthcare, Ziehm Imaging, and GE Healthcare. Small companies, such as OrthoScan, focus on the development of C-arms, which is mostly used for orthopedic procedures.
Gastroenterology and urology
Abdominal or gastrointestinal disorders affect many people, due to which, physicians, as well as individuals, rely on diagnostic tools to find the cause of the ailment before proceeding for treatment. This awareness has led a segment of individuals to opt for preventive medicine, which has created a higher adoption of medical imaging equipment in the recent years. Interventional image-guided systems are used for diagnosis and treatment of diseases of the bladder, kidney, and the ureter. Olympus and GE Healthcare dominate the market.
The top vendors highlighted by Technavio’s healthcare and life sciences market research analysts in this report are:
- GE Healthcare
- Philips Healthcare
- Siemens Healthineers
- Toshiba Medical Systems
Browse Related Reports:
- Global Interventional Cardiology Market 2017-2021
- Global Gastrointestinal Stents Market 2016-2020
- Global Hybrid Imaging Market 2017-2021
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