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There have been remarkable advancements in orthopedic imaging technology, including the development of medical x-ray, which is estimated to reach USD 23 billion by 2032, computed tomography (CT), magnetic resonance imaging (MRI), and ultrasound. These advancements have improved imaging quality, reduced radiation exposure, and enhanced diagnostic accuracy, making orthopedic imaging equipment more effective and desirable for healthcare providers.
The North America market accounted for USD 1.9 billion in 2023, attributed to the rising prevalence of orthopedic conditions in the region, such as osteoarthritis, fractures, and sports injuries.
Canon Inc., Carestream Health, EOS imaging, Esaote SPA, FUJIFILM Holdings Corporation, GE HealthCare Technologies Inc., Hologic, Inc., Koninklijke Philips NV, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Shimadzu Corporation and Siemens Healthineers AG.
The market size of orthopedic imaging equipment reached USD 4.7 billion in 2023 and is set to witness 4.8% CAGR from 2024 to 2032, led by rising incidence of orthopedic disorders.
The X-ray system segment will generate USD 2.2 billion by 2032, owing to ongoing technological advancements aimed at enhancing imaging quality, reducing radiation exposure, and improving workflow efficiency.