Image Guided Therapy System (IGT) Market Global Scenario, Market Size, Outlook, Trend and Forecast 2018-2026
The Global Image Guided Therapy System (IGT) Market is expected to reach $5.26 Billion by 2026; with a CAGR of 6.3% from 2019 to 2026. Asia-Pacific region holds the highest position in the market. Rising number of age-old population and associated diseases is one of the dominating factors to boost the market.
The key market drivers are the prominence of chronic as well as infectious diseases across the world. The major advancements in the technological innovation in a medical diagnostics with minimum use of surgery boost the IGT market in many parts of the world. The emerging branch of radiotherapy also drives the market. The market demand of IGT system is in the application of that technology to recover from the particular illness. However, the high initial set up cost & unskilled work force to handle the technological product of IGT system may hamper the market. The major initiatives by the public and private sector help to grow the market.
The global image guided therapy system market is segmented into application, end-use, product and geography. The application segment is divided into oncology, orthopedic, neurology, cardiac surgery and others. The end use segment is classified into research & academic institutions, ambulatory service centers (ASC), hospitals and clinics. The product segment is divided into endoscopy, ultrasound systems, magnetic resonance imaging (MRI), and position imaging tomography (PET), computed tomography (CT) scanners, X-ray fluoroscopy, single photon emission computed tomography (SPECT), and others. By geography, the global image guided therapy (IGT) market is segmented on the various geographical regions such as North America, Asia- Pacific, Europe, and Rest of the World (RoW).
The country-wise analysis has been also covered under the scope of the report. North America covers the U.S., Canada, and Mexico while Europe covers Germany, France, Italy, and UK & Rest of Europe. Japan, China, India, Australia, and Rest of Asia-Pacific have been analyzed under the Asia-Pacific market. Rest of the world includes Central & South America, the Middle East, and Africa.
The scope of the report covers in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segments as well as cross-sectional analysis of the segments including the geographies and its countries. The market has been analyzed both from demand as well as supply side to come to an accurate scenario. Products across application and application across geographies have been mapped to provide you a precise competitive scenario to have a leading edge in the market.
Key companies operating in this market and their company profile along with the market share analysis and competitive scenario is also part of the report. Top players are Siemens Healthineers, Stryker, Analogic Corporation, Varian Medical Systems, Brainlab, GE Healthcare, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, Analogic Corporation, and others.
The Highlights of the Report
Scope of the Global Image Guided Therapy System (IGT) Market