The Global "Mobile C-Arms Market" is expected to reach at a high CAGR during the forecast period (2022-2029).
A mobile C-arm is a medical imaging device that is based on X-ray technology and can be used flexibly in various ORs within a clinic. Specialists in fields, such as surgery, orthopedics, traumatology, vascular surgery, and cardiology use C-arms for intraoperative imaging. The devices provide high-resolution X-ray images in real-time, which helps physicians to monitor progress at any point during the operation and immediately make necessary corrections.
The global mobile c-arms market growth is driven by the growing prevalence of chronic diseases that require early diagnosis and on-time treatment for prevention of complications and the rising number of road accidents leading to orthopedic injuries are propelling the demand for mobile C-arm devices.
Advancements in maneuverability and imaging capabilities will drive the market growth
Imaging systems are becoming an essential technology and are present in nearly all well-equipped hospitals. Specialists in fields, such as surgery, orthopedics, traumatology, vascular surgery, and cardiology use C-arms for intraoperative imaging. The devices provide high-resolution X-ray images in real-time, which helps physicians to monitor progress at any point during the operation and immediately make necessary corrections. As a result, treatment results are better and the patient’s recovery is also faster. C-arms are currently being used in several areas of medicine and their applications are expected to increase over time. These factors, along with the increasing demand for healthcare infrastructure in developing countries, are driving the C-arms market. The emerging market economies include India, Mexico, Russia, Pakistan, Saudi Arabia, China, Brazil, and others.
Critically, an emerging market economy is transitioning from a low income, less developed, often pre-industrial economy toward a modern, industrial economy with a higher standard of living. The primary reason for the rising demand for C-arms in this region is rising healthcare expenditure, continuous advancement in the products, and increasing surgical procedures. Companies are constantly indulging in expanding and introducing new products in these emerging countries. For instance, in January 2020, Trivitron Healthcare, an India-based company, launched Elite – Flat Panel Digital C-arm with motorized movements.
The high cost of the advanced system is likely to hamper the market growth
However, the market generates most of the revenue from developed countries such as the U.S., Japan, and major countries in Europe such as Germany, the U.K., and France. This is due to the high cost of various newly developed advanced portable digital C-arm machines that are currently available in the global market and the corresponding affordability by the mentioned regional markets. Less developed markets in the Asia Pacific and South America, still largely depend on various traditional stationary systems and refurbished C-arms due to the high cost of newer C-arms. This is likely to restrain the global mobile C-arms market.
The COVID-19 pandemic is expected to have an impact on the mobile C-arms market. Mobile C-arms are used in image-guided procedures that are mostly elective, which were postponed due to COVID 19. This may have also resulted in hospitals deterring the investments in high-cost capital equipment during the current pandemic, as they focus more on ventilators or other COVID-19 treatment supporting equipment. According to the study published in the British Journal of Surgery, in May 2020, based on 12 weeks of peak disruption to hospital services due to COVID-19, around 28.4 million elective surgeries worldwide were expected to be canceled or postponed in 2020. More than 580,000 planned surgeries in India have been canceled or delayed as a result of the COVID-19 pandemic. However, according to the European Association of Urology guideline, while handling COVID-19 positive patients needing surgery, a specially equipped operating room needs to be designed, where a mobile C-arm fluoroscopic X-ray system for radiology and healthcare professionals will be needed for operating. Hence, considering the rising cases of COVID-19 and its significant effect on healthcare systems across the region, it is estimated that the market will continue the steady growth rate during the forecast period.
The Mini C-Arm segment is expected to grow at the fastest CAGR during the forecast period (2021-2028)
The Mini C-Arm segment dominated the market and accounted for the largest market share in 2020 owing to factors such as increasing focus on the portability of C-arms, there is a significant market opportunity for companies producing mini C-arms. Several mini c-arms are designed explicitly for extremity imaging and have a smaller footprint, along with increased mobility compared to the full-size c-arms. Currently available systems in the mini c-arm category vary significantly in size and cost depending upon the functionality offered for the procedures. Manufacturers are differentiating their products based on mobility, the field of view, and alternate imaging technologies. For instance, OrthoScan Inc.’s FD Pulse is the world’s first mini C-Arm equipped with pulsed fluoroscopy.
The mini C-arms segment is expected to register several product launches during the forecast period, as companies are upgrading their product offerings at a fast pace by launching new products in this segment. For instance, in September 2019, Orthoscan Inc. (the sister company of Ziehm Imaging), launched the Orthoscan TAU family of innovative mini-sized C-arms., which represents a new generation of mini-sized C-arms from the manufacturer. Hence, owing to the aforementioned factors, along with the rising geriatric population and increasing incidence of chronic disease, the Mini C-arm Segment is expected to witness significant growth over the forecast period.
North America region holds the largest market share of the Global Mobile C-Arms Market
North America is expected to hold a major share over the forecast period, and the United States is holding the largest market share over the forecast period within the North American region, owing to the high standards of healthcare infrastructure in the United States, along with the high frequency of diagnostic examination, rising geriatric population, and increasing prevalence of chronic diseases in the United States.
For instance, according to the estimates of the American Heart Association, in 2018, cardiovascular diseases accounted for nearly 836,546 deaths in the United States, which is about one of every three deaths in the United States. Also, some of the significant risk factors, such as smoking and high blood pressure, are increasing in the United States, owing to the sedentary lifestyle of the population. Moreover, as per the Census Bureau estimates, the geriatric population (65 years or older) in the United States is expected to rise from around 56 million in 2020 to 94 million by 2060. The increasing geriatric population is thus expected to increase the number of surgeries that help in increasing the overall market demand. Thus, because of the aforementioned factors, the C-arms Market is expected to witness significant growth over the forecast period in North America.
The Mobile C-Arms Market is highly competitive with the presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Siemens Healthineers, Canon Medical Systems Corporation, Ziehm Imaging GmbH, Fujifilm Holdings Corporation, GE Healthcare, Hologic Corporation, Shimadzu Corporation, AADCO Medical, Inc., Allengers Medical System Ltd. among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the anal fistula globally. For instance, in August 2020, Ziehm Imaging announced the acquisition of Therenva, a developer of planning and imaging software tools for cardiovascular procedures. Through this acquisition, Ziehm Imaging aims to leverage its strong distribution network of mobile C-arm systems to market Therenva’s current product portfolio globally
Overview: Siemens Healthineers AG is a Germany-based company that supplies technology to the healthcare industry. The Company offers a wide range of products and services in the fields of diagnostic and therapeutic imaging, laboratory and point of care diagnostics, and molecular medicine.
Cios Spin: Cios Spin enables precise intraoperative quality control based on dedicated 3D technologies. Allowing surgeons to confirm their results, Cios Spin delivers the intraoperative tools to help safeguard optimal surgical outcomes.
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