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Image Guided Therapy System Trends and Forecast
The future of the global image guided therapy system market looks promising with opportunities in the cardiac surgery, neurosurgery, orthopedic surgery, urology, oncology surgery, and gastroenterology markets. The global image guided therapy system market is expected to reach an estimated $7.8 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are increase in the geriatric population, rising inclination towards minimally invasive surgeries, and growing burden of chronic diseases.
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Image Guided Therapy System by Segment
The study includes a forecast for the global image guided therapy system by product, application, end use, and region.
Image Guided Therapy System Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• CT Scanners
• Ultrasound Systems
• MRI
• Endoscopes
• X-ray Fluoroscopy
• Positron Emission Tomography
• SPECT
Image Guided Therapy System Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Cardiac Surgery
• Neurosurgery
• Orthopedic Surgery
• Urology
• Oncology Surgery
• Gastroenterology
• Others
Image Guided Therapy System Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics
• Research & Academic Institutions
• Others
Image Guided Therapy System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Image Guided Therapy System Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies image guided therapy system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the image guided therapy system companies profiled in this report include-
• Koninklijke Philips N.V.
• Medtronic
• Siemens Healthineers
• Analogic Corporation
• GE Healthcare
• Varian Medical Systems
• Brainlab
• Olympus Corporation
• Stryker
Image Guided Therapy System Market Insights
Lucintel forecasts that endoscopes will remain the largest segment over the forecast period due to the growing adoption of robot-assisted endoscopic surgeries and increasing volume of endoscope-guided surgeries for various interventions.
Within this market, cardiac surgery will remain the largest segment due to surge in the geriatric population, coupled with the increasing burden of such diseases.
North America will remain the largest segment over the forecast period due to presence of improved healthcare infrastructure, on-going technological advancements, and rapid adoption of advanced radiation therapies in the region.
Features of the Global Image Guided Therapy System Market
Market Size Estimates: Image guided therapy system market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Image guided therapy system market size by various segments, such as by product, application, end use, and region in terms of ($B).
Regional Analysis: Image guided therapy system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the image guided therapy system market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the image guided therapy system market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the image guided therapy system market size?
Answer: The global image guided therapy system market is expected to reach an estimated $7.8 billion by 2030.
Q.2 What is the growth forecast for image guided therapy system market?
Answer: The global image guided therapy system market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the image guided therapy system market?
Answer: The major drivers for this market are increase in the geriatric population, rising inclination towards minimally invasive surgeries, and growing burden of chronic diseases.
Q4. What are the major segments for image guided therapy system market?
Answer: The future of the image guided therapy system market looks promising with opportunities in the cardiac surgery, neurosurgery, orthopedic surgery, urology, oncology surgery, and gastroenterology markets.
Q5. Who are the key image guided therapy system market companies?
Answer: Some of the key image guided therapy system companies are as follows:
• Koninklijke Philips N.V.
• Medtronic
• Siemens Healthineers
• Analogic Corporation
• GE Healthcare
• Varian Medical Systems
• Brainlab
• Olympus Corporation
• Stryker
Q6. Which image guided therapy system market segment will be the largest in future?
Answer: Lucintel forecasts that endoscopes will remain the largest segment over the forecast period due to the growing adoption of robot-assisted endoscopic surgeries and increasing volume of endoscope-guided surgeries for various interventions.
Q7. In image guided therapy system market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest segment over the forecast period due to presence of improved healthcare infrastructure, on-going technological advancements, and rapid adoption of advanced radiation therapies in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the image guided therapy system market by product (CT scanners, ultrasound systems, MRI,endoscopes, X-ray fluoroscopy, positron emission tomography, and SPECT), application (cardiac surgery, neurosurgery, orthopedic surgery, urology, oncology surgery, gastroenterology, and others), end use (hospitals, ambulatory surgical centers, specialty clinics, research & academic institutions, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Image Guided Therapy System Market, Image Guided Therapy System Market Size, Image Guided Therapy System Market Growth, Image Guided Therapy System Market Analysis, Image Guided Therapy System Market Report, Image Guided Therapy System Market Share, Image Guided Therapy System Market Trends, Image Guided Therapy System Market Forecast, Image Guided Therapy System Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Image Guided Therapy System Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Image Guided Therapy System Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Image Guided Therapy System Market by Product
3.3.1: CT Scanners
3.3.2: Ultrasound Systems
3.3.3: MRI
3.3.4: Endoscopes
3.3.5: X-ray Fluoroscopy
3.3.6: Positron Emission Tomography
3.3.7: SPECT
3.4: Global Image Guided Therapy System Market by Application
3.4.1: Cardiac Surgery
3.4.2: Neurosurgery
3.4.3: Orthopedic Surgery
3.4.4: Urology
3.4.5: Oncology Surgery
3.4.6: Gastroenterology
3.4.7: Others
3.5: Global Image Guided Therapy System Market by End Use
3.5.1: Hospitals
3.5.2: Ambulatory Surgical Centers
3.5.3: Specialty Clinics
3.5.4: Research & Academic Institutions
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Image Guided Therapy System Market by Region
4.2: North American Image Guided Therapy System Market
4.2.2: North American Image Guided Therapy System Market by Application: Cardiac Surgery, Neurosurgery, Orthopedic Surgery, Urology, Oncology Surgery, Gastroenterology, and Others
4.3: European Image Guided Therapy System Market
4.3.1: European Image Guided Therapy System Market by Product: CT Scanners, Ultrasound Systems, MRI, Endoscopes, X-ray Fluoroscopy, Positron Emission Tomography, and SPECT
4.3.2: European Image Guided Therapy System Market by Application: Cardiac Surgery, Neurosurgery, Orthopedic Surgery, Urology, Oncology Surgery, Gastroenterology, and Others
4.4: APAC Image Guided Therapy System Market
4.4.1: APAC Image Guided Therapy System Market by Product: CT Scanners, Ultrasound Systems, MRI, Endoscopes, X-ray Fluoroscopy, Positron Emission Tomography, and SPECT
4.4.2: APAC Image Guided Therapy System Market by Application: Cardiac Surgery, Neurosurgery, Orthopedic Surgery, Urology, Oncology Surgery, Gastroenterology, and Others
4.5: ROW Image Guided Therapy System Market
4.5.1: ROW Image Guided Therapy System Market by Product: CT Scanners, Ultrasound Systems, MRI, Endoscopes, X-ray Fluoroscopy, Positron Emission Tomography, and SPECT
4.5.2: ROW Image Guided Therapy System Market by Application: Cardiac Surgery, Neurosurgery, Orthopedic Surgery, Urology, Oncology Surgery, Gastroenterology, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Image Guided Therapy System Market by Product
6.1.2: Growth Opportunities for the Global Image Guided Therapy System Market by Application
6.1.3: Growth Opportunities for the Global Image Guided Therapy System Market by End Use
6.1.4: Growth Opportunities for the Global Image Guided Therapy System Market by Region
6.2: Emerging Trends in the Global Image Guided Therapy System Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Image Guided Therapy System Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Image Guided Therapy System Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Koninklijke Philips N.V.
7.2: Medtronic
7.3: Siemens Healthineers
7.4: Analogic Corporation
7.5: GE Healthcare
7.6: Varian Medical Systems
7.7: Brainlab
7.8: Olympus Corporation
7.9: Stryker
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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