Hyderabad, July 03, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled "C-Arms Market Report (2023-2028)," the market is estimated at USD 2.26 billion in 2023. It is expected to register a CAGR of 5.11% during the forecast period.
The COVID-19 pandemic had a drastic effect on the C-arms market. C-arms are referred to as pieces of equipment that are used in multiple image-guided processes. These processes were generally elective and were postponed due to the pandemic. Major factors responsible for the growth of the market are the rise in the geriatric population and increasing occurrences of chronic diseases.
Report Summary:
| Report Attribute | Details |
| Market Size (2023) | USD 2.26 billion |
| Market Size (2028) | USD 2.91 billion |
| CAGR (2023-2028) | 9.90% |
| Study Period | 2018-2028 |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Forecast Units | Value (USD billion) |
| Report Scope | Market Dynamics, Revenue Forecast and Segmentation, Competitive Landscape and Recent Developments, Market Growth, Future Opportunities, and Trends |
| Key Market Drivers | Rise in the geriatric population. |
| Increasing demand for imaging technologies from emerging countries. |
Which are the Top Companies in the C-Arms Market?
The C-arms market includes several companies operating both globally and regionally, which makes the market consolidated in nature. The competitive landscape of this market includes some of the most popular international as well as local companies.
A few notable players in the C-arms market are,
- Canon Medical Systems Corporation
- GE Healthcare
- Hologic Corporation
- Koninklijke Philips NV
- FUJIFILM Holdings Corporation
- Shimadzu Corporation
- Siemens Healthineers
- Ziehm Imaging GmbH
- Medical Inc.
- Allengers Medical System Ltd
- BPL Medical Technologies
- SternMed GmbH
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Key Highlights from the C-Arms Market Report:
Growth in the Mini C-Arm Segment During the Forecast Period
- Mini C-arms consist of a smaller footprint and are more mobile than traditional full-size C-arms.
- The compactness of a mini C-arm makes it an ideal piece of equipment for extremity imaging. Its pricing depends upon the functionalities offered by it.
- As companies around the world are upgrading their product offerings rapidly, product launches in the C-arms segment are expected to increase exponentially.
A Prominent Share in the C-Arm Market was Held by North America
- The main reason North America holds a major share is the high level of healthcare infrastructure in the United States.
- Increasing geriatric population in the United States is expected to boost the overall number of surgeries and grow the market.
- The growing trend approving and launching new products has provided a substantial boost to the market in North America.
What are the Latest Developments in the C-Arm Market?
- In July 2022, Siemens Healthineers announced that it has been able to procure an FDA clearance for the ARTIS icono Ceiling Angiography system.
- Also, in July 2022, a hybrid C-arm, FDR Cross, was launched by Fujifilm Healthcare Americas Corporation.
Mordor Intelligence has Segmented the C-Arms Market Based on Type, Application, and Geography:
- By Type (Market Size and Forecast based on Value (USD billion), 2018-2028)
- Fixed C-arms
- Mobile C-arms
- Full-size C-arms
- Mini C-arms
- By Application (Market Size and Forecast based on Value (USD billion), 2018-2028)
- Cardiology
- Gastroenterology
- Neurology
- Orthopedics and Trauma
- Oncology
- Other Application
- By Geography (Market Size and Forecast based on Value (USD billion), 2018-2028)
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Argentina
- Rest of South America
- North America
In a nutshell, the Mordor Intelligence market research report is a must-read for start-ups, industry players, investors, researchers, consultants, business strategists, and all those who are looking to understand this industry. Get a glance at the C-Arms Market Report (2023-2028).
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About Mordor Intelligence:
Mordor Intelligence is a market intelligence and advisory firm. At Mordor Intelligence, we believe in predicting butterfly effects that have the potential to change or significantly impact market dynamics.
Our market research reports are comprehensive and provide exclusive data, facts and figures, trends, and the competitive landscape of the industry.
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