Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Global Orthopedic Imaging Market – Insights  

Orthopedic imaging is an innovative medical technique used for the visual representation of bone, ligaments, and other interior part of body in order to diagnose various orthopedic diseases. This process revels internal body structures hidden by the layers of skin. The modalities used for the visualization of such hidden body parts includes X-ray systems, CT-scanner, MRI systems, ultrasound, EOS imaging systems, positron emission tomography (PET) and single-photon emission computed tomography (SPECT). In orthopaedic imaging, these modalities are used for the detection for fractures, bone dislocation, ligament tear, arthritis, post-surgical complications, and surgical intervention.

Statistics:

The global orthopedic imaging market is estimated to account for US$ 13,061.1 Mn in terms of value by the end of 2027.

Global Orthopedic Imaging Market: Drivers

Increasing prevalence of orthopedic diseases and bone injuries is expected to propel growth of the global orthopedic imaging market over the forecast period. For instance, according to the Centers for Disease Control and Prevention (CDC)’s May 2019 report, an estimated 54.4 million US adults have diagnosed arthritis, which accounted for around 1 in 4 people in the U.S.

Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.

North America region held dominant position in the global orthopedic imaging market in 2019, accounting for 31.2% share in terms of volume, followed by Europe.

Figure 1. Global Orthopedic Imaging Market Share (%), by Region, 2019

Orthopedic Imaging  | Coherent Market Insights

Global Orthopedic Imaging Market: Restraints

High expenses in clinical trials and stringent regulations are expected to hinder growth of the global orthopedic imaging market. Clinical trials should be conducted one year prior to the product launch. However, due to the regulatory restrictions, it has become difficult for the manufacturers to conduct early stage trails and establish partnership with local players.

Moreover, increasing pressure on healthcare budgets in the U.S is expected to hamper growth of the global orthopedic imaging market. The usage of medical imaging in the U.S. has increased significantly over the last decade. As a result, certain reductions in Medicare payments have been observed in the last decade.

Global Orthopedic Imaging Market: Opportunities

Increasing volume of patient data is generated from healthcare systems and storage of such vital data has become of significant concern. In addition to storage-related concerns, healthcare systems are facing challenges accessing and sharing this data in order to reduce the cost of duplication. Therefore, cloud storage services for medical imaging and information management is likely to offer major opportunities to hospitals in terms of better resource and cost management and easy access to medical images and related records in and across organizations and departments.

Currently, the global orthopedic imaging market is facing intense competition from re-manufactured and low cost equipment manufacturers in developing nations. The rising price-sensitivity in the healthcare system has created an opportunity for new low scale equipment to replace with new systems. Similarly, China made low-cost medical devices have put downward price pressure. Thus, growing adoption of low-cost and low-end imaging devices is limiting access to advanced imaging platforms.

Orthopedic Imaging  | Coherent Market Insights

X-Ray System segment in the global orthopedic imaging market was valued at US$ 2,526.8 Mn in 2019 and is expected to reach US$ 3,505.2 Mn by 2027 at a CAGR of 4.2% during the forecast period.

Market Trends/Key Takeaways

Fusion and multimodality of diagnostic equipment is one of the important trend in global orthopedic imaging market. MRI and CT imaging can be integrated to offer the full range of imaging scans and comfort level to patients.

Currently, in the global orthopedic imaging market, new opportunities are emerging for various imaging modalities, which are being adopted by many e-health workers and mobile doctors. Portable imaging equipment allows doctors to diagnose the image on patient location and in desired time without waiting. This also allows healthcare practitioner to identify critical medical issue in short time and decide the priorities for the patient’s treatment.

Orthopedic Imaging  | Coherent Market Insights

Value Chain

Orthopedic Imaging  | Coherent Market Insights

Global Orthopedic Imaging Market: Competitive Landscape

Major players operating in the global orthopedic imaging market include, GE Healthcare, Siemens AG, Esaote SpA, Hitachi Ltd., Koninklijke Philips N.V., Planmed OY, EOS Imaging, and Toshiba Corporation.

Global Orthopedic Imaging Market: Key Developments 

Major players in the market are focused on approval and launch of new products to expand their product portfolio. For instance, in December 2019, EOS imaging SA received 510(k) clearance from the U.S. FDA for its EOSedge – a general X-ray system powered by a high-resolution photon counting detector.

Major players in the market are also focused on adopting collaboration and partnership strategies to expand their product portfolio. For instance, in December 2019, DePuy Synthes, a division of Johnson & Johnson, announced partnership with Zebra Medical Vision, the deep learning medical imaging analytics company, to supplement its artificial intelligence and imaging analytics efforts for joint reconstruction procedures.

Orthopedic imaging devices are used for the detection for fractures, bone dislocation, ligament tear, arthritis, post-surgical complications, and surgical intervention. Increasing prevalence of orthopedic diseases and bone injuries is expected to propel growth of the global orthopedic imaging market over the forecast period. Moreover, increasing demand for three-dimensional (3D) medical imaging equipment is expected to boost growth of the global orthopedic imaging market over the forecast period. These new technologically advanced systems 3D visualization with accuracy and rapid diagnoses.

Key features of the study:

  • This report provides in-depth analysis of the Orthopedic Imaging market  and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global Orthopedic Imaging market  based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
  • Key companies covered as a part of this study include, GE Healthcare, Siemens AG, Esaote SpA, Hitachi Ltd., Koninklijke Philips N.V., Planmed OY, EOS Imaging, and Toshiba Corporation.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global Orthopedic Imaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Orthopedic Imaging market

Detailed Segmentation:

  • Orthopedic Imaging Market, By Product Type:
    • X-Ray System
    • CT-Scanner
    • MRI System
    • EOS Imaging Systems
    • Ultrasound
    • Nuclear Imaging Systems
  • Orthopedic Imaging Market, By End User:
    • Hospitals
    • Radiology Centers
    • Emergency Care Facility
    • Ambulatory Surgical Center
  • Orthopedic Imaging Market, By Indication:
    • Acute injuries
      • Sports injuries
      • Trauma cases
    • Chronic Disorders
      • Osteoarthritis
      • Osteoporosis
      • Prolapsed Disc
      • Degenerative joint diseases
    • Others
  • Orthopedic Imaging Market, By Region:
    • North America
      • By Product Type:
        • X-Ray System
        • CT-Scanner
        • MRI System
        • EOS Imaging Systems
        • Ultrasound
        • Nuclear Imaging Systems
      • By End User
        • Hospitals
        • Radiology Centers
        • Emergency Care Facility
        • Ambulatory Surgical Center
      • By Indication
        • Acute injuries
          • Sports injuries
          • Trauma cases
        • Chronic Disorders
          • Osteoarthritis
          • Osteoporosis
          • Prolapsed Disc
          • Degenerative joint diseases
        • Others
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Product Type:
        • X-Ray System
        • CT-Scanner
        • MRI System
        • EOS Imaging Systems
        • Ultrasound
        • Nuclear Imaging Systems
      • By End User
        • Hospitals
        • Radiology Centers
        • Emergency Care Facility
        • Ambulatory Surgical Center
      • By Indication
        • Acute injuries
          • Sports injuries
          • Trauma cases
        • Chronic Disorders
          • Osteoarthritis
          • Osteoporosis
          • Prolapsed Disc
          • Degenerative joint diseases
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Product Type:
        • X-Ray System
        • CT-Scanner
        • MRI System
        • EOS Imaging Systems
        • Ultrasound
        • Nuclear Imaging Systems
      • By End User
        • Hospitals
        • Radiology Centers
        • Emergency Care Facility
        • Ambulatory Surgical Center
      • By Indication
        • Acute injuries
          • Sports injuries
          • Trauma cases
        • Chronic Disorders
          • Osteoarthritis
          • Osteoporosis
          • Prolapsed Disc
          • Degenerative joint diseases
        • Others
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type:
        • X-Ray System
        • CT-Scanner
        • MRI System
        • EOS Imaging Systems
        • Ultrasound
        • Nuclear Imaging Systems
      • By End User
        • Hospitals
        • Radiology Centers
        • Emergency Care Facility
        • Ambulatory Surgical Center
      • By Indication
        • Acute injuries
          • Sports injuries
          • Trauma cases
        • Chronic Disorders
          • Osteoarthritis
          • Osteoporosis
          • Prolapsed Disc
          • Degenerative joint diseases
        • Others
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Product Type:
        • X-Ray System
        • CT-Scanner
        • MRI System
        • EOS Imaging Systems
        • Ultrasound
        • Nuclear Imaging Systems
      • By End User
        • Hospitals
        • Radiology Centers
        • Emergency Care Facility
        • Ambulatory Surgical Center
      • By Indication
        • Acute injuries
          • Sports injuries
          • Trauma cases
        • Chronic Disorders
          • Osteoarthritis
          • Osteoporosis
          • Prolapsed Disc
          • Degenerative joint diseases
        • Others
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type:
        • X-Ray System
        • CT-Scanner
        • MRI System
        • EOS Imaging Systems
        • Ultrasound
        • Nuclear Imaging Systems
      • By End User
        • Hospitals
        • Radiology Centers
        • Emergency Care Facility
        • Ambulatory Surgical Center
      • By Indication
        • Acute injuries
          • Sports injuries
          • Trauma cases
        • Chronic Disorders
          • Osteoarthritis
          • Osteoporosis
          • Prolapsed Disc
          • Degenerative joint diseases
        • Others
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • GE Healthcare *
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Strategies
    • Siemens AG
    • Esaote SpA
    • Hitachi Ltd.
    • Koninklijke Philips N.V.
    • Planmed OY
    • EOS Imaging
    • Toshiba Corporation
  • “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippets, By End User
      • Market Snippets, By Indication
      • Market Snippet, By Region
      • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Highlights
    • Product launch
    • PEST Analysis
    • Regulatory Scenario
    • Mergers and Acquisitions
  4. Global Orthopedic Imaging Market, By Product Type, 2019 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • X-Ray System
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • Wall/Floor Mounted Intraoral X-ray Systems
        • Hand-Held Intraoral X-ray Systems
    • CT-Scanner
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • MRI System
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • EOS Imaging Systems
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Ultrasound
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Nuclear Imaging Systems
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  5. Global Orthopedic Imaging Market, By End User, 2019 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Radiology Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Emergency Care Facility
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  6. Global Orthopedic Imaging Market, By Indication, 2019 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Acute Injuries
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • Sports injuries
        • Trauma cases
    • Chronic Disorders
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • Osteoarthritis
        • Osteoporosis
        • Prolapsed Disc
        • Degenerative joint diseases
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  7. Global Orthopedic Imaging Market, By Region, 2019 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017–2026
    • North America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • U.S.
        • Canada
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of APAC
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • South Africa
        • Central Africa
        • North Africa
  8. Competitive Landscape
    • Company Profiles
      • GE Healthcare
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Siemens AG
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Esaote SpA
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Hitachi Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Koninklijke Philips N.V.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Planmed OY
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • EOS Imaging
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Toshiba Corporation
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 26 market data tables and 18 figures on “Orthopedic Imaging Market - Global forecast to 2027”.

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