The Global Orthopedic Imaging Market Continues To Grow Owing To the High Prevalence of the Geriatric Population in the World

 

Market Overview:

X-rays, CT scans, and MRIs are the most commonly used imaging techniques in orthopedics. They are used to diagnose joint dislocations, fractures, and other bone conditions. They are also used to determine the cause of pain in joints and soft tissues. These imaging methods are essential for diagnosing orthopedic disorders and can help to determine treatment options and recovery. Musculoskeletal studies are performed by most radiologists. These tests give detailed visualization of the soft tissue anatomy. They can also be used to detect and diagnose arthritis and tendonitis. Musculoskeletal imaging is especially important in diagnosing real-time tendon pain. This information is useful for orthopedic physicians to help patients recover faster. It can also help them diagnose osteoarthritis, hip and pelvic problems, and other joint disorders.

Competitive Landscape:

Major players operating in the global orthopedic imaging market include Toshiba Corporation, EOS Imaging, Planmed OY, Koninklijke Philips N.V., Hitachi Ltd., Esaote SpA, Siemens AG, and GE Healthcare.

Key Market Drivers:

The increasing prevalence of the geriatric population in the world is expected to augment the growth of the global orthopedic imaging market. For instance, according to the United Nations, in 2019, there were around 703 million individuals aged 65 years or over in the world. X-rays are the most common type of orthopedic imaging. These scans use radioactive material to create images of bones. Digital X-rays are more accurate than traditional film X-rays and use less radiation. X-rays are also useful in diagnosing joint dislocations, fractures, and osteonecrosis. They can be used to detect other disorders, including tumors. X-rays are also used to determine the cause of osteoporosis, which is caused by decreased bone density. Moreover, the high prevalence of orthopedic care centers in the world is estimated to enhance the growth of the global orthopedic imaging market.

Covid-19 Impact Analysis:

During the COVID-19 pandemic, there have been several developments in the global orthopedic imaging market. For instance, in March 2022, Lokmanya Hospital and SRV Hospitals of India partnered in order to introduce an advanced Centre of Excellence in Robotic Orthopedics.

Key Takeaways:

·         North America is expected to dominate the growth of the global orthopedic imaging market, owing to the high prevalence of orthopedic hospitals in the United States. For instance, according to the U.S. News & World Report, there are around 1670 specialty orthopedic hospitals in the United States.

·         The Asia Pacific is estimated to witness high growth in the global orthopedic imaging market, owing to the high incidence of geriatric population in the region. For instance, according to The Japan Times, around 15% of the total population in Japan is aged over 75 years.