“The COVID-19 pandemic has caused an unprecedented negative impact on the interventional and surgical X-ray market. Elective and non-critical procedures were either cancelled or rescheduled during national lockdown initiatives, leading to substantial revenue losses for health providers. The interventional X-ray market has seen a higher decline in revenues than the mobile C-arm market, due to the higher associated investment required for system installations. During 2020 and into 2021, the number of interventional procedures is expected to remain below the pre-pandemic era, thus delaying many new purchases until the pandemic subsides. A gradual recovery is expected from 2021 onwards, with global revenues returning to 2019 levels by 2023. China has been the growth engine of the interventional and surgical X-ray markets in recent years and is forecast to recover fastest from the impact of COVID-19. The United States, which is the largest market for both interventional X-ray and surgical X-ray equipment, was one of the most negatively impacted regions globally by COVID-19. As a result, there has been a severe impact on both the interventional and surgical X-ray markets, which are forecast to decline by 29.4% and 24.8% respectively in 2020.”
Report Contents
Market metrics are presented for the period 2019-2024.
Report Overview
Market
- Identify the products and end-markets driving growth
- Observations on the drivers behind market growth or contraction
- Analysis of the impact of COVID-19 on the market
- Quantitiative analysis of the market size and structure
Competition
- Market share estimates for the leading vendors by product and by region
- Analysis of who gained and lost market share
- Detailed product matrix for major vendor portfolios
Technology
- Analysis of the product mix by technology and system value for each country
- Impact of system features on product demand
- Identify trends in product development
Strategy
- Analysis and insights to support your strategy planning
- Our opinion on the future direction of the market
- Direct access to the analyst for an expert opinion