As Medtronic, Siemens Healthcare and GE Healthcare continue to develop new intraoperative imaging equipment, demand for new equipment continues to rise.
Here are three key factors driving growth, according to Xpodence Research.
1. Increased prevalence of chronic diseases, such as neurological, cardiac and orthopedic disorders, will fuel market growth.
2. The number of patients being treated for Alzheimer's is predicted to reach 16 million by 2050, creating a demand for advanced intraoperative imaging equipment.
3. The American Academy of Orthopaedic Surgeons estimates more than 581,000 total knee replacements are performed annually in the U.S. This creates an increased demand for intraoperative imaging.