Image-guided therapy systems market is anticipated to grow at a significant CAGR of 5.4% during the forecast period. The increasing use of radiotherapy to treat patients with cancer and the increasing several initiatives that are undertaken to promote cancer radiotherapy are factors that are contributing to the positive growth of the image-guided therapy systems market. Moreover, companies in the market are developing remote solutions, such as cloud-based training on virtual machines that are further boosting the market growth. For instance, in February 2022, Philips collaborated with Cydar to plan and guide surgery in real-time and added cloud-based AI, and 3D mapping into its Mobile C-arm System Series Zenition. This integration of Cydar EV Maps software into the Philips Zenition platform has now added new features that include extended procedure planning and real-time 3D guidance capabilities.
The global image-guided therapy systems market is segmented based on the product, application, and end-user. Based on the product, the market is segmented into endoscopes, ultrasound systems, computed tomography (CT) scanners, magnetic resonance imaging (MRI), positron emission tomography (PET), and others. Based on the application, the market is sub-divided into neurosurgery, cardiac surgery, urology, orthopaedic surgery, oncology surgery, and others. Based on the end-user, the market is segmented into hospitals, ambulatory surgery centers, and speciality clinics. Among the end-user segment, ambulatory surgery centers (ASCs) are anticipated to witness the fastest growth in the market owing to various advantages offered by these healthcare settings such as reduced waiting time and increased cost savings. Moreover, the increasing trend of same-day surgery in developed economies due to optimum care delivery and reduced hospital stays are factors driving market growth further.
The endoscopes segment is expected to hold a prominent share in the market owing to the growing adoption of robot-assisted endoscopic surgeries and high procedures of endoscope-guided surgeries for various interventions. Other factors contributing to the segment's growth include the rising incidence of cancer and gastrointestinal diseases which in turn increases the demand for endoscopic systems. In addition, the increasing technological advancement, new product developments, and launches by key market players are key factors contributing to the segmental growth of the market. For instance, in May 2021, EndoFresh company received the US Food and Drug Administration (FDA) approval 510(k) clearance for EndoFresh's Disposable Digestive Endoscopy System for gastrointestinal purposes which is designed to alleviate the cross-contamination problems caused by devices. This device can also be used with the medical display and other peripheral devices and consists of a camera system.
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Image-Guided Therapy Systems Market Segmentation
By Products
- Endoscopes
- Ultrasound Systems
- Computed Tomography (CT) Scanners
- Magnetic Resonance Imaging (MRI)
- Positron Emission Tomography (PET)
- Others (X-ray Fluoroscopy)
By Application
- Neurosurgery
- Cardiac Surgery
- Urology
- Orthopaedic Surgery
- Oncology Surgery
- Others (Gastroenterology)
By End-User
- Hospitals
- Ambulatory Surgery Centers
- Speciality Clinics
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Acoustic MedSystems, Inc.
- Brainlab AG
- Canon Medical Systems Corp.
- C-Rad AB
- Elekta AB
- EnVision Endoscopy
- ESAOTE SPA
- HistoSonics, Inc.
- Hitachi, Ltd.
- Image Guided Therapy
- Lumicell
- Maxer Endoscopy GmbH
- Mevion Medical Systems
- OncoNano Medicine Inc.
- OnLume Inc.
- PROCEPT BioRobotics Corp
- Photolitec, LLC
- Siemens Healthcare GmbH
- Xoran Technologies
- Zeta Surgical Inc.
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