The Spinal Imaging Global Market Report 2023, provides comprehensive information on the spinal imaging market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Spinal Imaging Global Market Report 2023, the market size is expected to grow from $1.86 billion in 2022 to $2.04 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global spinal imaging is expected to grow to $2.76 billion in 2027 at a CAGR of 7.8%.
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Technological advancement is a key trend gaining popularity in the spinal imaging market. Major companies operating in the market are developing new advanced technologies to reinforce their position and meet customer demand. For instance, in March 2021, RIVANNA, a US-based company providing imaging-based medical solutions, launched Accuro Second Generation, a spinal navigation system. This system uses artificial intelligence technology to provide medical solutions. The Accuro spinal navigation system has two key innovations: SpineNav3DTM AI-Based Spine Recognition, which automates the identification of spinal landmarks and depth measurements during spinal needle guidance procedures, and BoneEnhance Multi-Frequency Image Reconstruction, which improves bone-to-tissue contrast for better landmark and needle visualization.
The spinal imaging market is segmented:
1) By Product: X-Ray, CT, MRI, Ultrasound
2) By Application: Spinal Infection, Vertebral Fractures, Spinal Cancer, Spinal Cord and Nerve Compressions, Other Applications
3) By End-User: Hospital, Diagnostic Imaging Center, Ambulatory Care Center
North America was the largest region in the spinal imaging market in 2022.
The table of contents in TBRC’s spinal imaging market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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