Global Surgical Imaging Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

Surgical Imaging Market Analysis

According to the World Health Organization (WHO), cardiovascular diseases (CVDs) are the leading cause of death globally, claiming 17.9 million lives annually. Strokes and heart attacks contribute to four out of every five cardiovascular fatalities, with one-third of these deaths occurring before the age of 70. As the prevalence of chronic diseases rises, it has driven the adoption of surgical imaging technologies in the market. The rise in chronic cardiovascular conditions has increased the demand for advanced surgical imaging systems. These technologies, including mobile C-arms and intraoperative MRI, play a crucial role in enabling surgeons to perform complex procedures with greater precision and efficiency. Real-time imaging helps in accurately locating and assessing cardiovascular abnormalities, which is essential for improving patient outcomes and reducing procedural risks. the high prevalence of cardiovascular diseases is a significant driver for the surgical imaging market.

Surgical Imaging Market Size

Global surgical imaging market size was valued at USD 2.16 billion in 2023 and is projected to reach USD 3.54 billion by 2031, with a CAGR of 6.37% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Surgical Imaging Market Trends

“Increasing Focus on Pediatric Surgical Imaging”

The pediatric surgical imaging market is gaining attention as healthcare providers emphasize the need for specialized imaging systems tailored to children's unique requirements. Pediatric patients are more sensitive to radiation, and thus, there is a growing demand for imaging technologies that can deliver high precision while minimizing radiation exposure. Manufacturers are increasingly focusing on developing low-dose imaging solutions to address safety concerns in pediatric surgeries, especially in procedures involving the brain, heart, and spine. Furthermore, the rising incidence of congenital disorders and chronic diseases in children is driving the need for advanced surgical imaging systems that ensure better accuracy during pediatric interventions. This market trend reflects an emerging opportunity, as the development of child-specific imaging technologies remains relatively untapped, offering significant potential for growth and innovation.

Report Scope and Market Segmentation       

Surgical Imaging Market Definition

Surgical Imaging refers to the use of advanced imaging technologies and equipment during surgical procedures to visualize internal structures of the body in real-time. It provides high-quality, detailed images that help surgeons make precise decisions during operations, minimizing the need for invasive exploration.   

Surgical Imaging Market Dynamics

Drivers 

• Growing Adoption of Hybrid Operating Rooms

Hybrid operating rooms, which integrate diagnostic imaging technologies with surgical functions, are increasingly being adopted in hospitals worldwide. These advanced surgical environments allow surgeons to perform complex procedures while simultaneously accessing real-time imaging data, improving the accuracy and efficiency of surgeries. As the adoption of hybrid operating rooms grows, so does the demand for cutting-edge surgical imaging systems that can seamlessly integrate with other medical technologies. For instance, in January 2024, Orthofix Medical Inc. partnered with MRI guidance to introduce its BoneMRI imaging software in the U.S. The collaboration has successfully completed eight cases using the 7D FLASH Navigation System, which employs visible light to rapidly generate 3D surgical guidance images. This system stands out due to its camera-based technology and machine-vision algorithms, enhancing the speed and precision of spinal procedures. The trend toward hybrid operating rooms represents a significant driver for the surgical imaging market to expand, particularly in advanced healthcare facilities.

• Growing Demand for Minimally Invasive Surgeries

The increasing preference for minimally invasive surgeries is a major driver for the growth of the surgical imaging market. These procedures offer several advantages, such as reduced recovery times, shorter hospital stays, and fewer complications compared to traditional open surgeries. Surgical imaging systems, such as mobile C-arms and intraoperative ultrasound, provide real-time visualization during these procedures, allowing surgeons to navigate with precision and avoid unnecessary tissue damage. As the demand for minimally invasive techniques continues to rise, the need for advanced imaging solutions that support these procedures is expected to grow, further propelling market expansion.

Opportunities

• Development of Portable and Compact Imaging Devices

The demand for portable and compact surgical imaging devices is rising, especially in smaller healthcare facilities and outpatient settings where space and resources are limited. These portable devices offer the flexibility to be moved between operating rooms or used in less complex surgical environments, making them an attractive option for clinics that cannot afford full-sized systems. Mobile C-arms and portable ultrasound machines are examples of compact devices that provide high-quality imaging while being more affordable and convenient than their larger counterparts. For instance, in February 2024, Philips introduced their Zenition 90 Motorized mobile C-arm system for image-guided therapy at the European Congress of Radiology (ECR) annual meeting. The system is designed to help surgeons deliver enhanced care to a wider patient population. The growing need for accessible and space-saving solutions presents a significant opportunity for manufacturers to develop and market innovative, portable imaging systems tailored to a broader range of healthcare facilities.

• Integration of AI in Surgical Imaging

The integration of artificial intelligence (AI) into surgical imaging systems offers immense potential to revolutionize the industry. AI algorithms can enhance imaging quality, assist in real-time decision-making, and automate certain aspects of imaging, such as identifying anomalies or segmenting tissues during surgery. This not only improves diagnostic accuracy but also reduces the burden on surgeons, allowing for more efficient and precise procedures. AI-driven surgical imaging technologies are expected to accelerate the adoption of advanced systems, opening new growth avenues for the market. As AI continues to evolve, its applications in surgical imaging will likely expand, leading to innovations that enhance both patient outcomes and surgical efficiency.

Restraints/Challenges

• High Cost of Surgical Imaging Systems

The high cost of advanced surgical imaging systems, including technologies like mobile C-arms and intraoperative MRI, is a significant barrier to adoption, particularly in low- and middle-income countries. These systems require substantial upfront investment, making it difficult for smaller hospitals and clinics with limited budgets to purchase or upgrade their equipment. The costs extend beyond the initial purchase, encompassing ongoing maintenance, software updates, and operational training. This financial burden often restricts the availability of cutting-edge surgical imaging solutions in resource-constrained healthcare settings, limiting access to the latest diagnostic and surgical innovations.

• Shortage of Skilled Professionals

The complexity of operating advanced surgical imaging systems demands a highly specialized skill set. However, there is a significant shortage of trained professionals capable of using these technologies effectively, especially in emerging markets. This shortage can hinder the widespread adoption of surgical imaging systems, as healthcare facilities may struggle to find qualified staff to operate and maintain the equipment. Without proper expertise, the potential benefits of these technologies, such as improved surgical accuracy and patient outcomes, may not be fully realized. As a result, the lack of skilled professionals presents a considerable challenge to market growth in both developed and developing regions.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Surgical Imaging Market Scope

The market is segmented on the basis of technology, application, modality, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology

• Image Intensifier C-Arms
• Flat Panel Detector C-Arms

Application

• Orthopedic and Trauma Surgeries
• Neurosurgeries
• Cardiovascular Surgeries
• Gastrointestinal Surgeries
• Other Applications

Modality

• MRI
• X-ray
• Computed Tomography
• Optical
• Nuclear Imaging
• Ultrasound

End-User

• Hospitals
• Clinics
• Others

Global Surgical Imaging Market Regional Analysis

The market is analyzed and market size insights and trends are provided by country, technology, application, modality, and end-user as referenced above.

The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

North America is expected to dominate the market due to  increasing healthcare expenditure and the continuous development of advanced technologies. The growing adoption of minimally invasive procedures further accelerates market growth in this region, creating a favorable environment for technological advancements and innovations in medical imaging systems.         

Asia-Pacific is expected to be the fastest growing due to rising prevalence of chronic diseases, coupled with a well-established healthcare infrastructure, contributes to the expansion of the market. Additionally, increasing investments in healthcare and a growing emphasis on improving diagnostic capabilities are expected to drive demand for surgical imaging technologies across the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Global Surgical Imaging Market Share

The market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Surgical Imaging Market Leaders Operating in the Market Are:

• Siemens Healthcare GmbH (Germany)
• CANON MEDICAL SYSTEMS CORPORATION (Japan)
• General Electric (U.S.)
• TOSHIBA CORPORATION (Japan)
• Olympus Corporation (Japan)
• Koninklijke Philips N.V. (Netherlands)
• Hologic, Inc. (U.S.)
• Medtronic (Ireland)
• CONMED Corporation (U.S.)
• NDS Surgical Imaging (Florida)
• Carestream Health (U.S.)
• Ziehm Imaging GmbH (Germany)
• Eurocolumbus s.r.l. (Italy)
• OrthoScan Inc. (U.S.)
• BPL Medical Technologies (India)
• Basler AG (Germany)
• Surgical Imaging Associates LLC (U.S.)
• Barco (Belgium)
• Shimadzu Corporation (Japan)
• Agilent Technologies, Inc.(U.S.)
• Cook (U.S.)

Latest Developments in Surgical Imaging Market

• In January 2024, Probo Medical, an imaging services provider based in Tampa, Florida and backed by private equity, has been expanding swiftly through acquisitions. They recently secured a deal to acquire Alpha Source Group, strengthening their diagnostic imaging solutions platform
• In March 2024, SyntheticMR's newest imaging solution, SyMRI 3D, received FDA clearance for clinical use in the U.S. This marks a major advancement in quantitative MRI technology, delivering exceptional resolution and precision for brain imaging

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