Orthopedics Diagnostic Devices Market Size & Competitive Analysis, Growth Prospects, Trend, Regulatory Landscape

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Increasing prevalence of orthopedic disorders, such as osteoporosis, arthritis, elbow discomfort, and others, is a key factor driving market revenue growth

The Orthopedics Diagnostic Devices report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the market leaders to create premium positioning strategies  as well as attract broadest share.

The global demand for diagnosis and diagnostic equipment has increased, due to rising prevalence of orthopedic disorders, such as osteoporosis, arthritis, elbow discomfort, and others. Arthritis is estimated to affect around 72 million people in the United States by 2030, according to the Centers for Disease Control and Prevention (CDC), and therefore, demand for orthopedic diagnostic equipment is likely to increase in the United States, making it one of the most lucrative markets in the world. 

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Top Companies Orthopedics Diagnostic Devices Market and Profiled in the Report are:

GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Canon Medical Systems Corporation, Hitachi, Ltd, Esaote S.p.A., Hologic, Inc., Planmed Oy, FUJIFILM Holdings Corporation, and Stryker.

Key Highlights of Report

  • X-ray systems segment revenue is expected to register a significantly rapid CAGR during the forecast period, owing to increasing use of interventional X-ray systems, including C-arms and others, for image-guided surgeries. Advances in C-arms, including mini C-arms based on digital radiography and flat panel detectors, have been instrumental in driving demand for X-ray equipment globally.
  • Point of care segment is expected to register a significantly robust revenue growth rate over the forecast period, due to rising demand for point-of-care orthopedics diagnostic devices, among other healthcare devices, owing to increasing preference for portable and less obtrusive medical devices.
  • North America is expected to register a considerably robust revenue growth rate in the global orthopedics diagnostic devices market over the forecast period, due to direct presence of key regional players, a strong distribution network, and well-established healthcare infrastructure. Recent trends in the North America orthopedics diagnostic devices market include use of new polymer materials and development of prosthetic devices as per functional needs of patients.

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Objectives of the Report:

  • Study of the global Orthopedics Diagnostic Devices market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Orthopedics Diagnostic Devices market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Orthopedics Diagnostic Devices market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Orthopedics Diagnostic Devices market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Emergen Research has segmented the global orthopedics diagnostic devices market on the basis of product, type, age group, application, end user, and region:

  • Product Outlook (Revenue, USD Million; 2019–2030)

    • X-ray Systems
    • Fluoroscopy
    • Doppler Ultrasound
    • Computed Tomography (CT Scan)
      1. Quantitative Computed Tomography
      2. High-resolution peripheral Quantitative Computed Tomography (HR-pQCT)
      3. Weight Bearing CT (WBCT)
    • Magnetic Resonance Imaging (MRI)
      1. Weight Bearing MRI
      2. Other Devices
    • Other Diagnostic Devices
  • Type Outlook (Revenue, USD Million; 2019–2030)

    • Standalone
    • Point of Care
  • Age Group Outlook (Revenue, USD Million; 2019–2030)

    • Pediatrics
    • Adults

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.

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