Health & Safety Industry Today

Europe Surgical Imaging Market is growing at 4.84% CAGR through 2027

According to a new market research report launched by Inkwood Research,The market for surgical imaging in Europe is anticipated to record steady growth at a CAGR of 4.84% during the forecast period 2019-2027.
Published 12 December 2019
KEY FINDINGS
The Europe surgical imaging market is anticipated to record steady growth at a CAGR of 4.84% during the forecast period. The steady growth is attributed to the availability of revolutionary medical devices, the advanced healthcare sector, and the new products launched by prominent players. As of 2018, Europe accounted for the second-largest share in the global market for surgical imaging.
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MARKET INSIGHTS
The surgical imaging market in Europe is studied through the markets situated in the regions of Spain, France, Russia, Germany, Italy, the United Kingdom, and the Rest of Europe. One of the primary drivers of the market is the increasing geriatric population, and the subsequent medical procedures with regards to them. This, along with the rising expenditure on healthcare, is influencing the growth of the market in regions like Germany. The increasing cosmetic procedures in various regions benefits the overall market of the region. For instance, Italy, which is considered the third-largest market with regards to cosmetic procedures, also attracts patients from other countries. Another region, Spain, whose healthcare system is considered as one of the best, is blooming in terms of surgical imaging due to the increasing cases of chronic diseases. The region is also witnessing a surge in cosmetic treatment. Such factors influence the total market growth in the European region.
COMPETITIVE INSIGHTS
The rising expenditure in terms of healthcare results in the emergence of new companies and the advancement of the established players of the market. Siemens Healthineers Ag, Orthoscan, Koninklijke Philips N.V., Eurocolumbus, Medtronic, Shimadzu Corporation, Genoray Co. Ltd., General Electric Company, Hologic, Inc., etc. are some of the big names in the market.
 
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