, February 15, 2018 ) According to the report North America C-Arms Market
, published by Market Data Forecast, The Market was worth $1.30 billion in 2016 and estimated to be growing at a CAGR of 3.78%, to reach $1.56 billion by 2021.
In the present world, imaging systems are a vital technology in every hospital. Experts in fields such as surgery, orthopaedics, Neurology, Urology and cardiology utilize C-arms for intraoperative imaging.
C-arm is a medical imaging tool with a C-shaped arm that attaches the X-ray source and X-ray detector to each other. These devices offer high-resolution X-ray images in real-time, thereby permitting the doctor to observe progress at any point during the operation and promptly make required alterations. The growth of innovative C-arms has broadened their application area, adding considerably to the growth of the global fluoroscopy and mobile C-arms market.
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The growth of the North America C-Arms market is mainly due to factors such as rising awareness regarding interventional surgeries, increasing implementation of minimally intrusive surgeries, growing demand for superior imaging technology and for C–Arms in cardiology and vascular surgery. With increasing emphasis on the transportability of C-Arms, there is a huge market opportunity for companies manufacturing Mini C-Arms. However, factors such as growing utilization of refurbished devices, increasing cost concerns and the low substitution rates of C-Arm systems are obstructing the growth of the market in this region.
North America C-Arms Market: Segmentation
• Fixed C-Arms
• Mobile C-Arms
o Mini C-Arms
o Full-Size C-Arms
• Pain Management and Trauma
• General Surgery
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The North America market has been geographically segmented into US and Canada. In 2015, North America led the global C-Arms market in terms of both value and capacity. The market in this region is projected to grow strongly during the forecast period due to various factors such as growing awareness about medical imaging tools, financial strength to procure expensive devices, and adoption of advanced products.
The market is highly consolidated due to the high prices of equipment and a huge amount of capital is required for the entry of a new company into the market. This has led to a formidable competition among prominent market players. The major companies dominating the C-Arms market in this region are GE Healthcare Inc., Varian Medical Systems Inc., Philips Healthcare, Siemens AG, Toshiba Corp., Hologic corp., Omega Medical Imaging Inc., BMI Biomedical International, Hitachi Ltd., DMS Health Technologies, ATON GmbH, Medonica Co Ltd., Gemss Co Ltd., and Shimadzu Corp.
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