The interventional image-guided systems market is making a major breakthrough with next-gen advancements in imaging equipment. A rise in the geriatric population and the prevalence of chronic ailments such as cancer are providing tailwinds for a surge in efforts for cancer treatment. Such efforts are creating a promising outlook for the interventional image-guided systems market. In addition, the inclination towards minimally invasive surgeries is further augmenting the demand for these systems around the world. Evidently, minimally invasive surgeries for common procedures can minimize the impact of postoperative issues and are more affordable as compared to conventional surgeries. To this end, the interventional image-guided systems market is set to make strides towards growth with the growing demand for minimally invasive image-guided therapies.
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Rising Incidence of Cancer to Unlock New Growth Avenues for Global Interventional Image-Guided Systems Market
As per WHO, chronic diseases including hypertension, cancer, cognitive heart disorders, and excessive cholesterol are among the most fatal diseases around the world. Noticeably, cancer has affected people belonging to diverse socioeconomic levels, racial backgrounds, and sexual orientations. Governments and healthcare entities are taking necessary steps for cancer prevention and therapy enhancements. Notwithstanding, the incidence of cancer has risen at an alarming pace. According to the Institute of Cancer Research, more than 120,000 people are treated using radiation in the UK. To facilitate safer and more precise interventions, systems for image-guided therapy are undergoing major advancements. Such a landscape is setting the tone for the global interventional image-guided systems market to grow and prosper throughout the forecast period.
Modernisation of Systems for Image-Guided Therapy to Unlock New Avenues for Interventional Image-Guided Systems Market Growth
Increasing incidents of cancer and other chronic ailments have put forth the demand for more advanced therapeutic methods. Image-guided technologies are being leveraged extensively to diagnose and treat such complex illnesses. This is building momentum for image-guided therapy systems across the globe. Such systems enable radiologists and oncologists to have a clear picture of the affected area. Early detection coupled with an increased number of patients seeking treatment further fuelling the demand for interventional image-guided systems. Cutting-edge technological evolutions in the interventional image-guided systems domain are strengthening the market growth. Major developments in artificial intelligence and augmented reality are further extending the growth ambits of the global interventional image-guided systems market.
Well-established Healthcare Infrastructure, and Next-Gen Technological Innovations Bode Well for North America’s Interventional Image-Guided Systems Market
North America to lead the global interventional image-guided systems market amid the sophistication of regional healthcare infrastructure. The rising incidence of chronic diseases and an increasing geriatric population is nurturing the grounds for regional market growth. The market is further propelled by technological developments and greater acceptance of modern radiation therapy. Propitious measures rolled out by private businesses in minimally invasive interventional and surgical procedures are unveiling lucrative opportunities across the region. On the other end of the market, Asia Pacific has emerged as a growing market owing to the expansion of the ageing population, enhancements in the healthcare landscape, and a rise in the cases of target illness.
Key Market Players
Some of the most prominent players in the interventional image-guided systems market include Medtronic, Varian Medical Systems, Inc., Olympus Corporation, Analogic Corporation, GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, Stryker, Brainlab AG.
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