The global orthopedic imaging market will continue to grow through 2026, according to a Future Market Insights report.
Here's what you need to know:
1. North America is expected to lead the market, followed by Europe; this high market share is attributed to technologically-advanced healthcare infrastructure and the number of key market players in these regions.
2. The Asia-Pacific region is expected to show the fastest growth, in part due to an increasing geriatric population with chronic diseases such as osteoarthritis and osteoporosis.
3. Key market players include General Electric, Siemens Healthcare and Philips Healthcare.
4. The market's primary driver is an increasing number of fracture, trauma and sports-related injuries along with a rising awareness of musculoskeletal conditions.
5. The market's primary challenge is the high cost of orthopedic imaging devices and a lack of radiologists in the industry.