Intraoperative Imaging Market Size, Share, Opportunities, And Trends By Product (iCT, IUltrasound, IMRI, C-arm System), By Application (Neurosurgery, Orthopaedic, ENT Surgery, Oncology Surgery, Trauma Surgery/ Emergency Room, Cardiovascular, Others), By End-Use (Hospital, Others), And By Geography - Forecasts From 2023 To 2028

The intraoperative imaging market was valued at US$1.701 billion in 2021 and is expected to grow at a CAGR of 7.51% during the forecast period.

Intraoperative imaging refers to the use of various imaging techniques during surgical procedures to provide real-time visual information to surgeons and assist them in making informed decisions during the operation. The growing demand for minimally invasive surgeries and the higher prevalence of chronic diseases is anticipated to augment the intraoperative imaging market. Moreover, the technological advancements and growing shift towards image-guided surgical procedures along with the aging population are further contemplated to boost the intraoperative imaging market.

Growing Demand for Minimally Invasive Surgeries

The increasing preference for minimally invasive surgical (MIS) techniques requires real-time imaging guidance to compensate for the lack of direct vision. Intraoperative imaging plays a crucial role in providing visualization and navigation during MIS procedures thus the shifting adoption of MIS is expected to boost the intraoperative imaging market. According to the study by the National Library of Medicine in 2020, minimally invasive surgery procedures for the six procedures studies increased from 270 to 368 which is a 36% rise over the last 16-year period.

Growing Burden of Chronic Diseases

Intraoperative imaging technologies are vital in accurately diagnosing and treating chronic conditions such as cancer, cardiovascular disorder, and neurological conditions. Therefore, the rising cases of chronic diseases are contemplated to aid the intraoperative imaging market. For example, there were around 13.0 million visits to doctors' offices in the US, with coronary atherosclerosis and other forms of chronic ischemic heart disease being the most common diagnoses as per the 2019 National Medical Ambulatory Service by CDC. Moreover, according to the WHO estimates, non-communicable chronic diseases are responsible for 82% of all fatalities and 67% of premature deaths in Egypt.

Rising Image-Guided Surgical Procedures

Intraoperative imaging makes image-guided surgical procedures more efficient and safe by enabling in-flight visualization and accurate navigation. The rising image-guided surgical procedure is therefore one of the major growth drivers of the intraoperative imaging market. There are various advantages associated with image-guided surgeries that are driving the adoption. For instance, Surgeons receive real-time feedback during the procedure, allowing them to assess the efficacy of their interventions immediately. Moreover, for complex surgeries, such as spinal procedures or brain surgeries, image-guided systems provide navigational support, assisting surgeons in reaching their target areas accurately.

Advancements in the Medical Technology

The continuous progress in medical imaging technologies has resulted in the creation of increasingly advanced and accurate intraoperative imaging devices which is expanding the intraoperative imaging market. Medical imaging technologies, including MRI, CT scans, and ultrasound, have become more sophisticated, providing clearer and more detailed images for accurate diagnosis and treatment planning. For instance, Pie Medical Imaging launched an AI-powered echocardiography platform in January 2023. It enables robust visualization of stress-echo imaging and diastolic function.  Additionally, Block Technology launched the Cube Mobile Imaging business to provide healthcare providers with comfortable patient scanning environments. 

Aging Population

The global aging population is increasing, leading to a higher number of surgeries especially those related to age-related health issues. Intraoperative imaging technologies assist in complex surgeries, making them safer for elderly patients. According to the WHO, people are more prone to have many ailments at once as they get older. Therefore, the aging population is contemplated to propel the intraoperative imaging market. For instance, one in six individuals on the planet will be 60 or older by 2030. By this point, there will be 1.4 billion people over the age of 60 as compared to 1 billion people in 2020 as per the WHO. Moreover, according to estimations from the World Health Organization (WHO), the number of individuals aged 80 or older is expected to triple from 2020 to 2050, reaching a staggering 426 million.

Restraints in the Market

The intraoperative imaging market has experienced growth and development however some restraints or challenges can impact its expansion. For example, intraoperative imaging devices, especially advanced and cutting-edge technologies, can be expensive to acquire and maintain. The high upfront costs of these systems may deter some healthcare facilities, particularly in resource-limited settings, from investing in them. Moreover, effective utilization of intraoperative imaging systems requires well-trained and skilled healthcare professionals, including surgeons and radiologists. The shortage of trained personnel could limit the widespread adoption of these technologies particularly in low-income and backward regions.

North America is Expected to Grow Significantly

North America is expected to hold a significant share of the intraoperative imaging market during the forecast period. The factors attributed to such a share are rising healthcare expenditure and infrastructure, technological advancements, and a higher prevalence of chronic illness. For instance, an estimated 25,050 people were diagnosed with brain and spinal cord tumors in the USA as per the American Society of Clinical Oncology report 2022. Moreover, the presence of major market players such as GE Healthcare and Medtronic is further boosting the intraoperative imaging market in the region through improved accessibility and advancements.

Major Market Players

• Siemens Healthineers AG is a leading player in the healthcare industry, specializing in providing a wide range of medical imaging, diagnostics, and laboratory equipment and services. It offers conventional intraoperative 3D imaging in orthopedic trauma surgery.
• Medtronic is a global medical technology company that specializes in various medical areas, including cardiac and vascular, minimally invasive therapies, restorative therapies, and diabetes management. It offers an O-arm™ intraoperative 2D/3D imaging system to be used in spine, cranial, and orthopaedics procedures.
• Ziehm Imaging GmbH is a German-based medical technology company specializing in manufacturing mobile C-arm imaging systems. Ziehm Imaging's C-arm devices provide high-quality X-ray imaging capabilities that are essential for intraoperative visualization and navigation during surgical procedures.

Key Market Developments

• In April 2023, GE Healthcare launched its flagship intraoperative imaging ultrasound imaging platform bkActiv for urology, colorectal, and pelvic floor procedures. The design aims to provide surgeons with high-performance ultrasound guidance while offering a simplified and intuitive user experience.
• In December 2022, Cytalux was granted an expanded FDA approval for intraoperative imaging of lung cancer surgery. It is developed by On Target Laboratories and it will enable less invasive operations, potentially saving patients from reoperation.
• In August 2022, AiM Medical Robotics launched a prototype of MRI- a compatible intraoperative robotics platform for neurosurgery.

Segmentation:

• By Product
  • iCT
  • iUltrasound
  • iMRI
  • C-arm system
• By Application
  • Neurosurgery
  • Orthopaedic
  • ENT surgery
  • Oncology surgery
  • Trauma surgery/ emergency room
  • Cardiovascular
  • Others
• By End-Use
  • Hospital
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others