Intraoperative Imaging Market Size, Share Global Analysis Report, 2024 – 2032

Industry Insights

[219+ Pages Report] According to Facts and Factors, the global intraoperative imaging market size was valued at USD 3,471.52 million in 2023 and is predicted to surpass USD 6,286.27 million by the end of 2032. The intraoperative imaging industry is expected to grow by a CAGR of 7.70% between 2024 to 2032.

Market Overview

Intraoperative imaging is the medical imaging technology that helps healthcare providers access real-time visual information. This technology offers high precision, thereby helping decision-makers navigate complex surgical procedures and come up with better patient outcomes. These systems also help surgeons analyze the anatomical structures and monitor the progress of the patient's procedure easily.

Key Insights

• As per the analysis shared by our research analyst, the global intraoperative imaging market size is estimated to grow annually at a CAGR of around 7.70% over the forecast period (2024-2032).
• In terms of revenue, the global intraoperative imaging market size was valued at around USD 3,471.52 million in 2023 and is projected to reach USD 6,286.27 million by 2032.
• Growing demand for surgical procedures is driving the growth of the global intraoperative imaging market.
• Based on the end-users, the hospital & diagnostics centers segment is growing at a high rate and is projected to dominate the global market.
• Based on the applications, the neurosurgery segment is projected to swipe the largest market share.
• Based on the product, the mobile C arm segment is expected to dominate the global market.
• Based on region, North America is expected to dominate the global market during the forecast period.

Growth Drivers

• Growing demand for surgical procedures is boosting the growth of the global market.

The growing number of surgical procedures, particularly minimally invasive surgeries is contributing to the high growth rate of the global intraoperative imaging market. Surgeons are posing a huge demand for advanced imaging technologies like intraoperative imaging for real-time diagnosis.

Also, there is a high need for accurate and precise tools to assist healthcare providers with in-depth insights. However, the significant surge in the demand for minimally invasive surgical procedures is expected to pave the way for a high growth rate in the market. People prefer invasive surgical procedures because of their quick recovery time and smaller incisions.

Moreover, the constantly growing aging population associated with chronic disease is also driving demand for surgical intervention in the market. Moreover, growing government support, such as reimbursement policies and insurance, is further expected to support the growth trajectory of the market in the forthcoming years.

For instance, Activ Surgical revealed the FDA’s clearance of the company's new product, ActivSight Intraoperative Imaging Module, for improved surgical visualization in 2021.

Restraints

• Growing focus on patient outcomes is expected to foster growth opportunities in the global market.

Healthcare providers are emphasizing lowering complications associated with surgeries, thereby improving patient outcomes. Interoperative imaging technologies help healthcare providers with real-time visualization, thereby helping them make more informed decisions during the surgery.

Therefore, it is expected to foster growth opportunities in the intraoperative imaging industry in the coming years. Additionally, the growing investments in healthcare infrastructure to upgrade medical technologies are also expected to support the growth trajectory of the industry.

Opportunities

• High cost of equipment is expected to hinder the growth of the global market.

Intraoperative imaging systems are quite expensive and require a high initial investment to install the systems in medical facilities. Also, the advanced and high-end models are more costly, which restricts healthcare facilities from adopting these technologies, which in turn is expected to further hamper the growth of the global intraoperative imaging market during the forecast period.

For instance, Philips indicated two important announcements on the Zenition mobile C-arm platform in June 2020. First, it helps clinicians manage C-arms within the sterile area, and second, it improves the ability to use it.

Challenges

• Limited reimbursement policies are a big challenge in the global market.

The lack of reimbursement policies for intraoperative imaging procedures all across the globe is expected to slow down the growth of the intraoperative imaging industry. Moreover, intraoperative imaging procedures involve the use of radiation, which further raises concerns regarding the health of the patients. Therefore, navigating such a landscape is a big challenge in the industry.

Segmentation Analysis

The global intraoperative imaging market can be segmented into end-user, application, product, and region.

On the basis of end-users, the market can be segmented into research laboratories, ambulatory surgical centers & clinics, hospitals & diagnostics centers, and others. Hospital & diagnostics centers are the fastest-growing segment in the intraoperative imaging industry. Increasing demand for surgeries in the global marketplace is boosting the growth of the segment. People prefer hospitals for medical consultations ranging from routine checkups to complex surgeries, which is a major reason for the high growth rate of this segment.

Also, hospitals consist of advanced imaging solutions like intraoperative imaging technology to enhance surgical precision to patients, which further attracts a large patient pool. Moreover, this intraoperative imaging technology is highly integrated into the diagnostic workflow within the hospitals to offer comprehensive patient care, thereby supporting the growth of the segment.

Moreover, the growing trend of minimally invasive surgeries also contributes to the heavy growth rate of the segment. Intraoperative imaging plays an important role in offering accurate and timely diagnosis in hospital centers, thereby facilitating quick check-ups and diagnoses.

On the basis of applications, the market can be segmented into general surgery, colorectal, HPB surgery, urology, emergency & trauma surgery, oncology, cardiovascular surgery, spine surgery, and others. The neurosurgery segment is expected to dominate the global intraoperative imaging market during the anticipated period. Neurosurgery is a complex procedure as it is associated with the spine, brain, and nervous system. Intraoperative imaging technologies help healthcare providers get real-time visualization and guidance, which assist them in navigating complex surgeries precisely.

Neurosurgeons need a high level of accuracy during the procedures, and therefore, these interoperable imaging technologies like CT scans and MRI have emerged as life-saving tools for both the patient and healthcare providers. Intraoperative imaging also helps healthcare providers in tumor resection by helping them visualize the location of the tumor and the nearby structures to navigate through the procedure.

Additionally, the emerging trend of minimally invasive neurosurgery is also expected to contribute heavily towards the growth of the segment. The real-time visualization helps to ensure positive outcomes in the minimally invasive procedures. Furthermore, the growing prevalence of neurological disorders is also driving demand for neurosurgical procedures with the help of intraoperative imaging technologies.

On the basis of product, the market can be segmented into intraoperative optical imaging, X-rays, MRI, CT, ultrasound, mobile C arm, and others. The mobile C arm segment accounts for the largest share of the intraoperative imaging industry during the forecast period. Mobile C arms are popular because of their flexibility and portability. The mobile C arm can be moved to different healthcare facilities, thereby making them a multipurpose product for a wide range of procedures across different departments.

However, the mobile C arm is largely in use in orthopedic surgeries because of its ability to capture real-time X-ray images and offer healthcare professionals enhanced decision and diagnosis. Moreover, it is more in use in emergency departments and trauma settings where there is a need for quick and efficient imaging.

Report Scope

Regional Analysis

• North America to dominate the global market.

North America accounts for the largest share of the global intraoperative imaging market during the forecast period. The region is said to be a hub for advanced medical technologies. Therefore, the advancements in the intraoperative imaging market, like improved real-time capabilities and imaging resolution are expected to contribute heavily towards the growth of the regional market during the forecast period.

Moreover, the region is witnessing a growing number of surgical procedures, which in turn is boosting the demand for intraoperative imaging technologies in the region. The rising prevalence of minimally invasive surgery in the region is further expected to play an important role in the growth of the market.

Also, the presence of strong market players in the region is likely to support the growth trajectory. Governments are investing heavily in upgrading the healthcare infrastructure in the region. Hospitals are well equipped with advanced diagnostic equipment to assist healthcare providers in offering comprehensive patient care. Therefore, such a landscape is expected to accentuate the growth of the regional market in the forthcoming years.

Asia Pacific is another major reason expected to witness huge growth during the forecast period. Growing government investments in upgrading the healthcare infrastructure in the region are expected to foster growth opportunities in the coming years. Integration of advanced medical imaging technologies and medical facilities is also likely to support the growth trajectory.

Additionally, the rising awareness regarding advanced medical technologies is also posting demand for intraoperative imaging systems in the region. The government is also coming up with many reimbursement policies and other initiatives to help patients afford successful treatment with advanced technologies.

All of these factors are expected to expand the scope of the regional market. For instance, Xuanwu Hospital in China proceeded with its first intracranial resection case with a 3.0T high-field intraoperative MRI system in April 2019.

Competitive Analysis

The key players in the global intraoperative imaging market include:

• NeuroLogica
• Shimadzu Corporation
• IMRIS
• Ziehm Imaging GmbH
• Medtronic
• Koninklijke Philips N.V.
• Siemens Healthineers AG
• GE Healthcare
• Activ Surgicals
• Analogic Corporation

For instance, GE Healthcare successfully took over BK Medicals in September 2021. The initiative is expected to boost the company's active imaging platform to extend support to new customers and markets globally.

The global intraoperative imaging market is segmented as follows:

By End-User Segment Analysis

• Research Laboratories
• Ambulatory Surgical Centers & Clinics
• Hospitals & Diagnostics Centers
• Others

By Application Segment Analysis

• General Surgery
• Colorectal
• HPB Surgery
• Urology
• Emergency & Trauma Surgery
• Oncology
• Cardiovascular Surgery
• Spine Surgery
• Others

By Product Segment Analysis

• Intraoperative Optical Imaging
• X-Rays
• MRI
• CT
• Ultrasound
• Mobile C Arm
• Others

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America