The Global Digital Fluoroscopy System Market Growth is Driven by Growing Adoption in Cardiology


Advanced digital fluoroscopy systems provide real-time imaging of internal organs and tissues using a continuous X-ray beam and flat-panel digital detectors. These systems offer high resolution, wider dynamic range, and tissue penetration compared to conventional fluoroscopy. They have replaced traditional fluoroscopy units in cardiology, urology, and orthopedics. Advanced digital systems embedded with flat-panel detectors and optimized imaging algorithms provide better visualization of intricate anatomical structures. This has enhanced diagnosis and treatment of cardiac disorders, renal and urinary diseases, and musculoskeletal injuries. The global digital fluoroscopy system market is expanding rapidly as advanced systems facilitate minimally invasive procedures and lower radiation dose compared to older technologies.

The global Digital Fluoroscopy System Market is estimated to be valued at US$ 2.32 Bn in 2024 and is expected to exhibit a CAGR of 5.7% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
One of the key trends in the Digital Fluoroscopy System Market  is the increasing adoption of flat panel detectors. Flat panel detectors offer higher resolution, better image quality, and lower radiation dose compared to image intensifiers used in older fluoroscopy systems. Major players are focusing on developing advanced flat panel detectors with higher pixel density, larger area coverage, and higher frame rates. For instance, in 2021, Canon Medical Systems launched Clarity Flat Detector featuring ultra-high resolution detectors. Another trend is the introduction of hybrid operating rooms integrated with advanced digital fluoroscopy systems. Hybrid ORs allow seamless switching between imaging modalities like fluoroscopy and CT during surgical procedures without moving the patient. This is driving demand for multi-functional fluoroscopy systems compatible with hybrid operating environments.

Porter’s Analysis
Threat of new entrants: Low capital requirement and lack of proprietary technology lowers the threat of new entrants in the market. However, established players have strong brand loyalty which acts as a barrier.
Bargaining power of buyers: Buyers have high bargaining power due to the presence of numerous players and easy availability of substitutes in the market. They can negotiate on price and demand value-added services.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to the availability of substitutes. However, suppliers of key components like detectors and image intensifiers enjoy some bargaining power.
Threat of new substitutes: Threat of substitution is moderate as other medical imaging modalities like CT and MRI poses threat to the market. However, digital fluoroscopy systems are preferred for interventional imaging guidance.
Competitive rivalry: The market is moderately competitive with the presence of numerous global and regional players. Players compete based on product differentiation, pricing, and service offerings.

Key Takeaways
The Global Digital Fluoroscopy System Market Size is expected to witness high growth over the forecast period of 2024 to 2031. The global Digital Fluoroscopy System Market is estimated to be valued at US$ 2.32 Bn  in 2024 and is expected to exhibit a CAGR of 5.7% over the forecast period 2024 to 2031.

North America dominates the market currently due to advanced healthcare facilities and supportive reimbursement policies in the region. Growing prevalence of chronic diseases, rapidly increasing geriatric population and product availability drive the growth. Asia Pacific is expected to witness the fastest growth during the forecast period owing to improving healthcare infrastructure and rising medical tourism in the region.

Key players:

Key players operating in the Digital Fluoroscopy System market are ICF International, Inc., A.T. Kearney, Inc., McKinsey & Company, Inc., PricewaterhouseCoopers LLP (PwC), ERM Group, Inc., KPMG International, Coastal Risk Consulting, LLC, CH2M HILL Companies, Ltd. (Jacobs Engineering Group), Deloitte LLP, Ramboll Environ, Inc. Players are focusing on new product launches and adopting inorganic strategies like expansions and collaborations for market dominance.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it