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Orthopedic Imaging Equipment Market size was valued at USD 4.7 billion in 2023 and is estimated to grow at 4.8% CAGR from 2024 to 2032. Orthopedic imaging equipment refers to specialized medical devices and technologies used to visualize and diagnose conditions related to the musculoskeletal system. These imaging tools help healthcare professionals, particularly orthopedic specialists, to assess injuries, diseases, and abnormalities affecting bones, joints, muscles, ligaments, and tendons. With the global aging population base and rising sedentary lifestyle, the incidence of orthopedic disorders such as arthritis, osteoporosis, and fractures is on the increase.
For instance, according to a study published in the lancet rheumatology, the age-standardized global prevalence rate of rheumatoid arthritis was 208.8 cases per 100,000 population in 2020, representing a 14.1% increase since 1990. This study also projected that there will be 31.7 million individuals worldwide with rheumatoid arthritis by 2050, 68.7% of whom will be female These conditions often require accurate imaging for diagnosis and treatment planning, thereby driving the demand for orthopedic imaging equipment.
Report Attribute | Details |
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Base Year: | 2023 |
Orthopedic Imaging Equipment Market Size in 2023: | USD 4.7 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 4.8% |
2032 Value Projection: | USD 7.2 Billion |
Historical Data for: | 2021 – 2023 |
No. of Pages: | 115 |
Tables, Charts & Figures: | 226 |
Segments covered: | Product Type, Indication, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Further, there is a growing emphasis on early diagnosis and intervention in orthopedic conditions to prevent complications and improve patient outcomes. Therefore, healthcare professionals and patients alike are increasingly seeking advanced imaging modalities that can provide detailed insights into musculoskeletal structures, enabling early detection of abnormalities and timely intervention.