Home > Pressrelease > Robotic Medical Imaging Market size to exceed $10 Bn by 2032
Robotic Medical Imaging Market size to exceed $10 Bn by 2032
- Published Date: March 1, 2023
Robotic Medical Imaging Market size is anticipated to surpass USD 10 billion by 2032, according to a new research report by Global Market Insights Inc.
Increasing funding for the development of new robotic medical imaging solutions will shape market development. Robots have been widely used in the medical field for applications such as X-ray imaging with robots positioning the source and detector, ultrasonic imaging with a robot supporting the transducer, and actuated capsule endoscopy with an external magnetic actuator moving the capsule. They are capable of undertaking tasks with high precision and accuracy.
Rising healthcare spending by both public and private entities worldwide has supported the development of new robotic imaging solutions. To illustrate, in June 2022, Würth Elektronik and Valens Semiconductor announced the joint launch of a new product that would enable medical imaging diagnostics and therapies with unmatched video resolution.
Rising use of angiography devices in surgical procedures
Robotic medical imaging market from the angiography devices segment is anticipated to witness over 12.5% CAGR by 2032. Minimally invasive angiography techniques are becoming more popular worldwide. The need for advanced medical and surgical technology has driven the deployment of robotic angiography systems for real-time image guidance. These systems are designed to detect early cardiac failures.
Browse key industry insights spread across 178 pages with 194 market data tables & 16 figures & charts from the report, “Robotic Medical Imaging Market Size By Product (Ultrasound Devices, Angiography Devices, X-rays Devices, CT Scanners, MRI Scanners), By End-use (Hospital, Specialty Centers, Diagnostic Centers), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032” In detail along with the table of contents:
Several companies are working on the launch of new and advanced angiography devices. For example, in September 2022, Siemens Healthineers launched the ARTIS icono in India. The device can adapt flexibly according to the changing needs of cardiovascular interventions, neuroradiology, interventional radiology, and vascular interventions.
Availability of targeted therapy across speciality centers
Robotic medical imaging market from speciality center segment recorded a valuation of around USD 830 million in 2022. The convenience and accuracy of robotic imaging technology has incited speciality centers to utilize these systems more frequently. These centers use robotic medical imaging to offer patients with targeted therapies. Growing patient footfall across speciality centers would inspire start-up companies in the medical sector to create cutting-edge medical imaging solutions.
Rising healthcare spending in North America
North America robotic medical imaging market held a substantial market gain of more than 46% in 2022. Factors like high healthcare spending, encouraging government programs, growing disease awareness, etc. across the region are promoting the North America market growth. The regulatory authorities in the region are expected to implement favorable rules and regulations that will benefit the businesses competing in the market.
New product innovation by robotic medical imaging companies
General Electric Company (GE Healthcare), Shimadzu Corporation, Canon Medical Systems Corporation, Medtronic Plc, REMEDI Co., Ltd., Siemens Healthineers AG, Stereotaxis, Hologic, Inc, Radalytica, and Koninklijke Philips N.V., are some of the leading companies in the global robotic medical imaging market.