Global Intraoperative Imaging Market Growth Dynamics Share Value, Size, Business Opportunities and Industry Forecast 203

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The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis.

The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the global intraoperative imaging market. In addition, complete analysis of changes on the global intraoperative imaging market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 pandemic has had a significant impact on the intraoperative imaging market. On the other side, with relaxation of government imposed lockdown protocols, the market is expected to recover from the economic crisis and is expected to have new growth opportunities over the forecast period.

MARKET OVERVIEW- GLOBAL INTRAOPERATIVE IMAGING MARKET

MARKET DRIVERS 

The growth in the market can be attributed to the increased adoption of minimally invasive surgery coupled with technological advances. Furthermore, the growing prevalence of chronic diseases and the increase in the geriatric population are important factors contributing to the growth of the market. The global geriatric population has grown enormously, putting it at risk for several conditions. According to the United Nations, the world population aged 60 and over was 962 million in 2017, doubling to over 2.1 billion by 2050. 

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MARKET OPPORTUNITIES

Emerging markets offer significant growth opportunities for major players in the intraoperative imaging market. Although cost is an issue in these developing countries, their large population bases – particularly in India and China – indicate a sustainable market for intraoperative imaging devices.

Moreover, regulatory policies in Asia-Pacific are more adaptable and more business-friendly than in Western countries. Increasing competition in mature markets is expected to force intraoperative imaging systems manufacturers to focus on emerging markets. This is expected to create new growth opportunities for the market in the upcoming years.

MARKET RESTRAINTS

Intraoperative imaging systems are expensive and require significant capital investment for facilities, which increases the cost of the procedure for patients. This affects the rate of adoption of new systems, especially in emerging markets; As a result, most healthcare facilities in these countries cannot afford such systems. Healthcare facilities that purchase such expensive systems often rely on third-party payers (such as Medicare, Medicaid, or private health insurance companies) to reimburse costs associated with screening and treatment procedures performed with these systems. As a result, factors such as continued reductions in reimbursements for intraoperative imaging exams and the rising cost of intraoperative imaging systems are preventing small and medium-sized healthcare facilities from investing in imaging modalities. These factors are expected to restrain the market growth over the forecast period.

MARKET GROWTH CHALLENGES

The Covid-19 pandemic hampered the growth of market to major extent which has created a major challenges for the market growth. Also, high cost of intraoperative imaging systems and an increase in demand for refurbished imaging systems along with lack of skilled work force are the factors which is expected to be a major challenge for the market growth over the forecast the period. 

CUMULATIVE GROWTH ANALYSIS

The report provides in-depth analysis of global intraoperative imaging market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for various intraoperative imaging devices in various applications has led the increasing demand for market and is expected to witness the growth at a specific CAGR from 2021-2028.

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INTRAOPERATIVE IMAGING MARKET SEGMENTAL OVERVIEW

The global intraoperative imaging market comprises of different market segment like product, application, end users and geography. 

INTRAOPERATIVE IMAGING MARKET BY PRODUCT

By product, the intraoperative imaging market includes the key segments of

The C-arm system segment is expected to dominate the market over the forecast period. This is due to its flexibility to move around the patient, allowing it to achieve the best angle for a high quality image while keeping the patient comfortable. Moreover, technological developments are expected to drive the segment forward over the forecast period.

COMPETITIVE LANDSCAPE ANALYSIS

The competitive landscape analysis of Intraoperative Imaging market is majorly focused on expanding the global growth of Intraoperative Imaging with new product innovation, business expansion, increasing presence of range of manufacturers operating in intraoperative imaging devices has led the growing demand for the market. Besides, the market offers range of products in different application to fulfil the required demand of consumer which is further contributing healthy growth in the market.

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