Global Intraoperative Imaging Market, by Device Type (Intraoperative X-Ray, Intraoperative MRI, Intraoperative CT, Intraoperative Ultrasound, Intraoperative Radiation Therapy, and Intraoperative Optical Imaging (Probes/Devices)), by Application (Neurosurgery, Orthopaedic Surgery, Spine Surgery, Cardiovascular, Gastro, and Others), by Technology (Intraoperative Ultrasonography, Intraoperative Fluorescence Imaging, Intraoperative Augmented Reality, Intraoperative Optical Coherence Tomography, and Ex Vivo MRI), by End User (Hospitals & Clinics and Ambulatory Surgical Centers) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 2,868.7 Million in 2022 and is expected to exhibit a CAGR of 6.4 % during the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.
The increasing adoption of inorganic strategies such as acquisition by the key players in the market is expected to drive the market growth over the forecast period. For instance, in September 2022, Brainlab AG, a digital medical technology company, announced the acquisition of Dr. Langer Medical GmbH, a medical technology company, to expand and develop intraoperative neuromonitoring solutions and related equipment for surgical interventions. Dr. Langer Medical is well positioned to advance next-generation technologies such as pelvic monitoring or navigated stimulation probes imaging.
Global Intraoperative Imaging Market – Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic and lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdowns in several regions. Private healthcare is one such sector that has been impacted significantly by the COVID-19 pandemic.
The COVID-19 pandemic also had a negative impact on the intraoperative imaging market, owing to a decrease in neurosurgical emergencies in COVID-19. For instance, in November 2021, a paper was published by National Center for Biotechnology Information, according to which in King’s College Hospital NHS Foundation Trust (KCH), there was an overall reduction in neurosurgical emergencies by 33.6% and operations by 55.6% during the course of COVID-19, due to interrupted lines of communication.
Global Intraoperative Imaging Market: Key Developments
In June 2020, Koninklijke Philips N.V., is a health technology company, drew attention to the key advancements of its Zenition mobile C-arm platform which is a new tableside user interface, which allows clinicians to control the C-arm from within the sterile area, decreasing the need for constant communication with the operator and making the system more straightforward to use. On the other hand, intravascular ultrasound (IVUS) for peripheral vascular treatments has been integrated into the Zenition platform enhancing efficiency.
In June 2022, Cydar Medical, a surgical augmented intelligence company, announced a collaboration with Brainlab AG, a medical device company. This collaboration will enable company’s Cydar EV Maps augmented intelligence software to integrate with Brainlab’s Buzz Digital Information Hub which will allow endovascular surgeons to utilize advanced surgical visualization and machine-learning technology to improve data-driven decision making during surgical procedures.