The expansive fluoroscopy and Mobile C-arms market is expected to increase at a compound annual growth rate of 2.8 percent between 2015 and 2020, according to medGadget.
Here are six points:
1. In 2014, the market was valued at $1.69 billion.
2. The fluoroscopy and Mobile C-arms market is projected to hit $1.99 billion by 2020.
3. The growing number of hospitals and diagnostic units are fueling market growth.
4. In 2015, fluoroscopy comprised 55 percent of the market, but C-arms are expected to grow faster than fluoroscopy due to growing demand for C-arms for different applications.
5. The Americans held a 43 percent market share in 2014 due to insurance coverage for the C-arm and fluoroscopy systems in North America.
6. Several of the market players include TON, GE Healthcare, Philips Healthcare, Shimadzu and Siemens Healthcare, among others.
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