Global Market for Fluoroscopy and C-Arms to Reach $2 Billion in 2018; Asia-Pacific Moving At 3.8% CAGR
According to a new report from BCC Research the global market for fluoroscopy and mobile C-arms is expected to grow to $2 billion by 2018, with a five-year compound annual growth rate (CAGR) of 3.2%. The Asia-Pacific region, the fastest growing segment, is expected to register a steady CAGR of 3.8%.
Wellesley, MA (PRWEB) May 14, 2014
BCC Research (http://www.bccresearch.com) reveals in its new report, FLUOROSCOPY AND C-ARMS: TECHNOLOGIES AND GLOBAL MARKETS, the global market for fluoroscopy and mobile C-arms is expected to grow to $2 billion by 2018, with a five-year compound annual growth rate (CAGR) of 3.2%. The Asia-Pacific region, the fastest growing segment, is expected to register a steady CAGR of 3.8%.
The fluoroscopy and mobile C-arms market is relatively mature, with market participants focusing on replacement sales to gain market share and sustain revenues. Mobile C-arms are expected to be the fastest growing product segment, driven by a rise in procedural volume of minimally invasive surgery.
North America, the largest region in this market, is expected to reach $671.3 million by 2018 and register a 2.9% CAGR.
However, Asia-Pacific, which was valued at just $243.1 million in 2013, is projected to jump to $292.5 million in 2018 and register a CAGR of 3.8%.
"On a global scale, developing markets such as Asia-Pacific represent regions of great potential in terms of sales and uptake of C-arms," says BCC Research healthcare analyst Simone Peters. "Mature markets such as the U.S. and Europe, which accounted for almost 65% of market share in terms of product sales and revenue in 2013, will continue to contribute to growth through replacement sales in the future."
This report provides an overview of the global market for fluoroscopy and mobile C-arms, including analyses of global market trends, with data from 2012 and 2013, and projections of CAGRs through 2018. It also presents information on market trends, emerging applications, breakdowns of market shares, and details concerning end user trends. In addition, it includes a geographical breakdown of the market into the following major regions: the U.S., Canada, Europe, Asia-Pacific, and the rest of the world and five year (2013-2018) CAGR therein.
This report is intended for medical imaging vendors, in particular fluoroscopy and C-arm market participants, OEMs, and distributors of these systems.
Editors and reporters who wish to speak with the analyst, should contact Steven Cumming at steven.cumming(at)bccresearch(dot)com
About BCC Research
BCC Research publishes market research reports that make organizations worldwide more profitable with intelligence that drives smart business decisions. These reports cover today's major industrial and technology sectors, including emerging markets. For more than 40 years we've helped customers identify new market opportunities with accurate and reliable data and insight, including market sizing, forecasting, industry overviews, and identification of significant trends and key competitors. We partner with analysts who are experts in specific areas of industry and technology, providing unbiased measurements and assessments of global markets. Our clients include the top companies in industries around the world as well as universities, business schools, start-ups, consulting firms and investment companies. BCC Research is a unit of Eli Research LLC. Visit our website at http://www.bccresearch.com. Contact us: (+1) 781-489-7301 (U.S. Eastern time), or email information(at)bccresearch(dot)com.
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC, 49-2 Walnut Park, Wellesley, MA 02481, Telephone: (+1) 781-489-7301; Email: editor(at)bccresearch(dot)com as the source and publisher. Thank you.
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