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Orthopedic Imaging Market Share, Size, Development History, Regional Overview, Share Estimation, Revenue, Business Prospect & Forecast 2027
Orthopedic Imaging Market Share, Size, Development History, Regional Overview, Share Estimation, Revenue,  Business Prospect & Forecast 2027
Due to the widespread use of novel imaging systems in medical settings, North America dominates the orthopaedics imaging market.

Orthopedic imaging is a medical technique that depicts anatomical structures inside the body so that orthopedic diseases can be diagnosed. Through these images, one can see the structures beneath the skin. A number of modalities are available for viewing such hidden body parts. These include X-ray, CT-scan, MRI, ultrasound, EOS imaging, positron emission tomography (PET), and single-photon emission computed tomography (SPECT). These modalities are used in orthopaedic imaging for the detection of fractures, bone dislocations, ligament tears, arthritis, post-operative complications, and surgical intervention.

 

Over the projected period, the worldwide orthopaedic imaging market is predicted to develop due to an increase in the frequency of orthopaedic disorders and bone injuries. According to a May 2019 study from the Centers for Disease Control and Prevention (CDC), an estimated 54.4 million US adults have been diagnosed with arthritis, accounting for roughly 1 in every 4 persons in the country. Furthermore, the industry is predicted to rise as the elderly population grows. According to the World Health Organization, the global elderly population will reach 2 billion by 2050, up from 900 million in 2015. In terms of volume, North America dominated the worldwide orthopaedic imaging market in 2019, accounting for 31.2 percent of the total, followed by Europe.

 

Emerging country producers of remanufactured and low-cost equipment are placing pressure on the global orthopaedic imaging market. The rising price sensitivity of the healthcare system has provided an opportunity for new low-scale equipment to be replaced with novel technology. In the same way, low-cost medical devices made in China have lowered pricing. As low-cost and low-end imaging equipment becomes more widespread, advanced imaging platforms are becoming increasingly difficult to come by.

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