Digital fluoroscopy systems are medical imaging devices that uses a continuous pulsed X-ray beam for real-time visualization of internal structures and monitoring medical procedures. It is commonly used in hospitals and specialty clinics for procedures such as angiography, arthrography, barium enema, and cystography. Digital fluoroscopy offers improved imaging quality and flexibility compared to conventional fluoroscopy. Advancements in flat panel detectors have enhanced digital fluoroscopy capabilities such as improved resolution, dose reduction, and last imaging capabilities.
The global digital fluoroscopy system market is estimated to be valued at US$ 2.01 Bn in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Increasing prevalence of chronic diseases is the primary driver fueling growth of the digital fluoroscopy system market. According to the Centers for Disease Control and Prevention chronic diseases account for 90% of the nation’s healthcare costs. Digital fluoroscopy has widespread applications in diagnosis and treatment of chronic diseases such as cardiovascular diseases, orthopedic disorders, and cancer. Technological advancements are also propelling market growth. Manufacturers are focused on developing novel digital fluoroscopy systems with features such as improved imaging capabilities, dose reduction, mobile C-arms, and last imaging. For instance, in 2022, GE Healthcare launched Revolution NanoDigital, a compact digital radiography and fluoroscopy system designed for emergency and mobile medical imaging applications.
Strength: Digital fluoroscopy systems offer real-time imaging with minimal radiation exposure. This makes diagnosis and procedures more efficient. They provide better image quality compared to traditional fluoroscopy systems. Their digital images can also be stored, shared and compared over time.
Weakness: High costs associated with digital fluoroscopy systems make it inaccessible for some clinics and hospitals. Workflow integration issues with other devices sometimes occur as these systems need to interface with various medical equipment.
Opportunity: Growing geriatric population susceptible to chronic diseases and injuries creates demand for such medical imaging systems. Adoption in ambulatory surgical centers and specialized clinics is expanding. Portable and mobile fluoroscopy systems allow treatments to reach more remote areas.
Threats: Economic slowdowns can decrease healthcare spending and hospital capital expenditures on new medical technologies. Stringent regulations regarding radiation exposure from medical devices.
The Global Digital Fluoroscopy System Market Demand is expected to witness high growth over the forecast period of 2023 to 2030. Increasing incidence of chronic diseases, rising geriatric population, and advantages of digital fluoroscopy over traditional fluoroscopy are propelling the market growth. The advanced features of digital fluoroscopy systems such as real-time imaging, image storage, better quality, and minimal radiation dose make them an invaluable diagnostic and interventional tool.
North America dominates the global digital fluoroscopy system market and is expected to continue its dominance over the forecast period. This is attributed to the rising healthcare spending in the US and Canada. Growing demand for minimized radiation exposure during medical imaging also drives the regional market. Asia Pacific is projected to witness the fastest growth in the digital fluoroscopy system market during the forecast period. This is credited to increasing healthcare infrastructure, rising medical tourism, and growing incidence of injuries and chronic diseases.
Key players operating in the Digital Fluoroscopy System Market are Siemens Healthineers, GE Healthcare, Philips, Shimadzu, Ziehm Imaging, Canon Medical Systems, Hitachi, etc. Siemens Healthineers and GE Healthcare are the two predominant players in the global digital fluoroscopy system market. They offer a wide range of fluoroscopy systems for various clinical applications.
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it