Global Intraoperative Imaging Industry is Eyeing to Generate Revenue at a CAGR of 5.2% During Forecast Period

Recent Developments in the Global Intraoperative Imaging Market:

# In January 2017, Philips Healthcare signed a strategic agreement with the Bon Secours Charity Health System (BSCHS) (U.S.), a member of the Westchester Medical Center Health Network (WMCHealth). The agreement will make Philips solutions available to BSCHS in support of their goal to transform the delivery of healthcare to the residents of New York’s Hudson Valley, including population health programs that can improve care and help build healthier communities.

# In March 2016, Siemens Healthineers received FDA approval for its three system models—Cios Fusion, Cios Connect, and Cios Select. These new systems join a newly upgraded version of Siemens’ established, ultra-premium Cios Alpha mobile C-arm that cements Siemens’ leadership in the flat-panel detector technology.

# In January 2015, Medtronic acquired Covidien plc (Ireland), a leading manufacturer of medical devices, for USD 49.9 billion. Under the terms of the acquisition agreement, Medtronic, Inc. and Covidien plc are now combined under Medtronic plc. This acquisition enabled the company to expand its presence in the medical technologies market.

# In November 2015, GE Healthcare signed a memorandum of understanding (MOU) with the Oregon Health & Science University (an Oregon-based research university and academic health center) to develop research programs in imaging, big data research, and cardiovascular medicine. As per the MOU, both organizations intend to investigate the use of ultrasound for healthcare applications in rural communities and test magnetic resonance for neurovascular studies. This helped GE Healthcare to strengthen its research capabilities.

Expected Revenue Growth During Forecast Period:

The global Intraoperative Imaging market is projected to reach USD 2.06 Billion by 2021 from USD 1.61 Billion in 2016, at a CAGR of 5.2% during the forecast period of 2016 to 2021.

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Global Geographical Scenario:

Currently, North America dominates the intraoperative imaging market, followed by Europe. However, the Asia-Pacific market is expected to witness the highest growth during the forecast period. The high growth in this market can be attributed to infrastructural improvements in healthcare facilities, growth in the geriatric population, increasing prevalence of orthopedic disorders, and growing disposable incomes in this region.

Key Questions Addressed in this Report:

# Where will all these developments take the industry in the long term?
# What are the upcoming trends for the intraoperative imaging market?
# Which segment provides the most opportunity for growth?
# Who are the leading vendors operating in this market?
# What are the opportunities for new market entrants?

Major Growth Boosters:

The growth of the global Intraoperative Imaging Industry is primarily influenced by the following factors:

# Rising Geriatric Population and Subsequent Growth in Prevalence of Chronic Diseases
# Rising Preference for Minimally Invasive Procedures
# Requirement of Superior Imaging in Orthopedic & Neurological Procedures

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