Video and Image Guided Systems market research report has been formulated by using basic steps to conduct market research analysis which includes survey, focus groups, personal interviews, observations and field trials. The report helps achieve a dream of an outshining and winning business. This business report also makes some important proposals for a new project of Video and Image Guided Systems market before evaluating its feasibility. This market report comprises of data that can be quite essential when it comes to dominating the market or making a mark in the market as a new emergent. The market research report is a resource, which provides current as well as upcoming technical and financial details of the industry.
By understanding the trends in consumer and supply chain dynamics, this large scale Video and Image Guided Systems market report helps to draw the strategies about sales, marketing, and promotion. In a rapidly changing marketplace, companies must opt for a broad range to have an effectual business growth and this market report is right there to serve this purpose at the best. This report contains a chapter on the global Video and Image Guided Systems market and all its associated companies with their profiles, which gives valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies.
Data Bridge Market Research analyses that the video and image guided systems market which was USD 4.7 billion in 2022, is expected to reach USD 7.21 billion by 2030, at a CAGR of 5.50% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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According to the United Nations-World Population Prospects 2019, approximately 16% of the global population, or one in every six people, will be over the age of 65 by 2050, up from 9% in 2019. According to the WHO, the leading cause of death worldwide is shifting away from infections and toward chronic conditions such as high cholesterol, hypertension, cancer, and cognitive heart disease. As a result, the demand for image-guided therapy systems to treat these conditions is expected to increase in the coming years.
Key Growth Drivers:
- Rising minimally invasive therapies
The growing preference for minimally invasive therapies is also driving industry expansion. According to a national survey by Johns Hopkins Medicine, using minimally invasive surgeries for certain common procedures can reduce postoperative complications while also controlling healthcare costs. As a result, the market for minimally invasive video and image guided systems is expected to grow.
- Advancements to Surface in the Industry to Fuel Growth
Physicians can better visualise even the smallest interventional devices and provide better patient care to patients undergoing interventional procedures thanks to advanced image processing. This technology has several advantages, including programmable image display, in which the system works with new software to allow clinicians to optimize image viewing based on clinical preferences. Furthermore, the new processing is intended to reduce background noise, allowing physicians to see vasculature and cardiac devices more clearly.
The report outlines the involvement of key players, including:
Abbott (U.S.), Koninklijke Philips N.V. (Netherlands), Siemens Healthcare Private Limited (Germany), General Electric (U.S.), FUJIFILM Holdings Corporation (Japan), Medtronic (Ireland), Brainlab AG (Germany), Varian Medical Systems, Inc. (U.S.), CANON MEDICAL SYSTEMS CORPORATION (Japan), Analogic Corporation (U.S.), TOSHIBA CORPORATION (Japan), Hitachi, Ltd (Japan), Elekta (Sweden)
Key Market Segmentation
Type (Interventional CT Image-Guided Systems, Interventional X-Ray Image-Guided Systems, Interventional MRI Image-Guided Systems, Interventional Ultrasound Image-Guided Systems, Others), Product (Positron Emission Tomography (PET), Magnetic Resonance Imaging (MRI), Others), Application (Oncology, Cardiology and Electrophysiology, Neurosurgery, Urology, Others), End User (Ambulatory Surgery Centers, Hospitals, Clinics)
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