Growth Drivers
Challenges
Regionally, the global C-arm & mini C-arm market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is expected to garner the highest share during the forecast period and further attain a revenue of USD 1149.77 Million by the end of 2028, up from USD 835.78 Million in 2019. The growth of the market in the region can primarily be attributed to the presence of a robust healthcare infrastructure, along with the growing demand for advanced medical equipment for use in hospitals, clinics, and other end users. Moreover, increasing concern for the growing burden of various diseases, such as cardiovascular diseases and other communicable and non-communicable diseases, in the region is also expected to drive the market growth. According to the statistics by the U.S. Centers for Disease Control and Prevention (CDC), in every 36 seconds, a person dies from cardiovascular disease in the United States.
The market in the Europe is expected to hold the second leading stance by registering a revenue of USD 934.93 Million by the end of 2028. In the year 2019, the market in the region garnered a value of USD 683.82 Million, and it is further expected to reach USD 685.20 Million by the end of 2021. Amongst the countries in the region, the market in Russia is expected to garner a significant market share of 20.48% by the end of 2028 and further reach USD 191.47 Million in the same year.
The study further incorporates Y-O-Y Growth, market opportunities, demand & supply and forecast future opportunity in North America (United States, Canada, Mexico), South America, Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
4.8% |
Base Year Market Size (2024) |
USD 2.63 billion |
Forecast Year Market Size (2037) |
USD 4.84 billion |
Forecast Year |
|
Author Credits: Radhika Pawar
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