United States Orthopedic Imaging Modalities Market to be Dominated by the X-Ray Segment by 2028
Rising need for 3D medical imaging technology is driving
the growth of the United States Orthopedic Imaging Modalities Market in the
forecast period, 2024-2028.
According to TechSci Research report, “United States Orthopedic Imaging Modalities Market- By Region,
Competition Forecast & opportunities, 2018-2028F,” the
United States Orthopedic Imaging Modalities Market is anticipated to grow at a
steady rate in the forecast period, 2024-2028. This can be ascribed to the
rising advancement in imaging instruments such as 3 D imaging, growing demand
for Point-of-Care Ultrasound Systems (POCUS) in Bone and Joint injuries.
Increase in usage of hybrid modalities, growing
preference for minimally invasive surgeries, and increased diagnosis of
injuries by X rays, confirming bone fractures or displacement are major factors
influencing the increased demand for United States Orthopedic Imaging
Modalities Market.
Additionally,
the prevalence of osteoarthritis is increasing across the US. With the growing
sedentary lifestyle and obesity in the country, joint pain and bone weakness are
increasing among the population, which is creating huge demand for orthopedic
imaging equipment to prevent further injury and thereby support the market
growth in coming years.
Moreover, the
major restraining factors for the United States Orthopedic Imaging Modalities Market
are increased risk of radiation due to long-term or regular exposure of X rays
form the imaging equipment, high cost of the equipment and high maintenance
prices afterwards.
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Based on modality, the market is segmented into X-Ray, Computed
Tomography (CT) Scanners, Magnetic Resonance Imaging (MRI) Systems, Ultrasound
Systems. The X-Ray segment dominated the market in 2022 and is expected to grow
at the faster rate during the forecast period. The X-Ray segment is high in
demand in the country due to the increased bone injuries and fractures such as
arm fractures, clavicle fracture and hip fractures, etc leading to increased demand
for diagnostic imaging.
Based on the End User, the market is segmented into Hospitals,
Ambulatory Surgery Centers, Others. Hospitals segment is
expected to dominate in the forecast period. This is attributed to the increasing
demand for diagnostic imaging at the hospitals, frequent patient visits to
hospitals after an injury and patient comfort to get treatment in the hospital
after the diagnosis. Additionally, the stringent United States government regulations
regarding the placement and equipment portability leads to an increase in
availability of diagnostic imaging equipment in the hospitals.
Major companies operating in the United
States Orthopedic Imaging Modalities Market are:
·
FUJIFILM Holdings
Corporation
·
Canon Inc
·
General Electric Company
·
Johnson & Johnson
·
Konica Minolta, Inc.,
·
Koninklijke Philips N.V.
·
Smith & Nephew plc
·
Shimadzu Corporation
·
OrthAlign, Inc.,
·
Medtronic plc
Companies operating in the market are
following strategies such as continuously innovating tools to improve image
quality and create specialized clinical tools to help the patients see more
anatomical detail with greater certainty, enabling them to provide the best
possible patient care, in order to stay competitive and have an edge over other
players operating in the industry.
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“Northwest
region is expected to dominate the United States Orthopedic Imaging Modalities Market
on account of increasing hip and joint replacement surgeries in the region.
Moreover, the growing advancement in the diagnostic imaging equipment and the
growing demand for minimally invasive surgeries are further expected to support
the market growth in the United States” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
Unite States Orthopedic Imaging Modalities Market By
Application (Hip, Knee, Spine, Other Extremities), By Modality (X-Ray, Computed
Tomography (CT) Scanners, Magnetic Resonance Imaging (MRI) Systems, Ultrasound
Systems), By End User (Hospitals, Ambulatory Surgery Centres, Others), By Region,
Competition Forecast & Opportunities, 2018-2028,” has evaluated the future growth potential of the United
States Orthopedic Imaging Modalities Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and analyzes
the emerging trends along with essential drivers, challenges, and opportunities
in the United States Orthopedic Imaging Modalities Market.
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