Fluoroscopy Equipment Market by Product, Application & Region - 2022

From: marketsandmarkets
Published: Thu Oct 12 2017

The global fluoroscopy equipment market is projected to reach USD 2.79 billion by 2022 from USD 2.21 billion in 2017, at a CAGR of 4.8% during the forecast period. The fluoroscopy equipment market is well established owing to prominent diagnostic imaging and radiography players. In 2017, Siemens AG (Germany), GE Healthcare (US), and Koninklijke Philips N.V. (Netherlands) dominated the fluoroscopy equipment market and accounted for approximately 65% to 70% share of the global fluoroscopy equipment market.

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Siemens AG (Germany) acquired the largest share of the global fluoroscopy equipment market in 2016. The company offers a comprehensive range of fluoroscopy systems including remote-controlled systems, conventional or patient-side controlled systems, robotic systems, and mobile C-arms. To maintain its leading position and increase its customer base in the fluoroscopy equipment market, the company mainly focuses on strategic partnerships with hospitals and other healthcare organizations. From 2014 to 2017, the company has partnered with many hospitals in the US, the UK, India, and Chile to offer its services and imaging systems.

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GE Healthcare (US) held the second position in the global fluoroscopy equipment market in 2016. The company offers an extensive portfolio of more than 20 systems under various categories like R/F (radiography/fluoroscopy) systems, fluoroscopy systems, and C-arms. The company’s OEC range of C-arms is very popular among end users. The company’s stronghold in this market is primarily attributed to its continuous focus on customer base relationship. For instance, from 2014 to 2017 the company entered into strategic partnerships with various hospitals including the partnerships with hospitals in India and Russia.

Some of the other players competing in this market are Koninklijke Philips N.V. (Netherlands), Shimadzu Corporation (Japan), Ziehm Imaging GmbH (Germany), Toshiba Medical Systems Corporation (Japan), Hitachi Ltd. (Japan), Carestream Health, Inc. (US), Hologic, Inc. (US), Lepu Medical Technology Co., Ltd. (China), Agfa-Gevaert Group (Belgium), and Adani Systems Inc. (Belarus).

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