The new report by Expert Market Research titled, 'Global C-arms Market Report and Forecast 2022-2027', gives an in-depth analysis of the global c-arms market, assessing the market based on its segments like types, applications, detectors, end-users, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Historical Market Size (2021): USD 1.85 Billion
- Forecast CAGR (2022-2027): 70%
- Forecast Market Size (2027): USD 2.44 Billion
Rising chronic diseases, along with the growing ageing population, have fuelled the market growth of c-arms. This can be ascribed to advances in the healthcare sector and the subsequent demand for advanced imaging solutions for accurate detection and treatment purposes. The growing government investment in the healthcare infrastructure across developed and developing countries, improving medical technology, and the increasing disposable income are some factors which are propelling the market growth for c-arms. Further, North America has registered a significant share in the market of c-arms due to the growing end-user industries and strong healthcare infrastructure. In North America, the United States is propelling the market for c-arms due to the surge in product innovations and development, and the high frequency of diagnostic examinations.
Industry Definition and Major Segments
A C-arm is utilised for fluoroscopic imaging during orthopaedic and surgical procedures. It is named after the C-shaped arm present in the device that is used to attach the X-ray source and the detector.
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On the basis of type, the market can be divided into:
- Fixed C-arms
- Mobile C-arms
- Full Size C-arms
- Mini C-arms
By application, the market is categorised into:
- Orthopaedics and Trauma
Based on detectors, the market can be segmented into:
- Image Intensifier
- Flat Panel Detector
The major end-users of c-arms include:
- Diagnostic Centres
The EMR report also covers the regional markets of c-arms like:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
The rising adoption of artificial intelligence in the healthcare sector is positively impacting the market growth for c-arms due to digital assistance, reduction of human error, and better efficiency as compared to humans. The growing complex surgical procedures are expected to gain momentum over the coming years in the market for c-arms as c-arms consist of high-resolution imaging and help with greater flexibility. In surgeries like cardiology, c-arm technology helps with accurate image capturing from multiple positions with good image quality. The advancing technology and growing popularity of minimally invasive procedures are likely to enhance the demand for the market c-arms during the forecast period. The increasing number of laboratories and hospitals, coupled with growing expenditure on research and development, are likely to positively affect the growth of the market.
Key Market Players
The major players in the market are Siemens Healthcare Private Limited, Canon Medical Systems Corporation, General Electric Company, Koninklijke Philips N.V., Hologic, Inc., Allengers Medical Systems Ltd, and Eurocolumbus srl, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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