Increasing Incidence of Neurological Diseases Fueling Image Guided Surgery Device Sales
The rising incidence of chronic diseases such as cancer and neurological illnesses are driving the demand for image guided surgery devices across the world. According to the World Health Organization (WHO), cancer was the second leading cause of deaths around the world and accounted for nearly 9.6 million deaths or one out of every six deaths in 2018. Furthermore, the organization reported that over 6 million deaths are caused due to stroke every year.
Apart from the aforementioned factor, the mushrooming population of older people is also positively impacting the worldwide demand for image guided surgery devices. As per the World Population Ageing 2020 report published by the United Nations Department of Economic and Social Affairs (UNDESA), the population of people aged 65 years or above will rise from 727 million in 2020 to more than 1.5 billion by 2050. Furthermore, the population of people aged 60 years and above is predicted to rise to around 437 million, 324 million, 107 million, and 58 million in China, India, the U.S., and Brazil, respectively, by 2050.
The surging healthcare expenditure in several countries and the rapid technological advancements being made in medical imaging are also propelling the expansion of the image guided surgery devices market. Image guided surgery basically refers to the usage of preoperative or intraoperative images for guiding or assisting surgeons during surgical procedures. The image guided surgery systems employ the use of images for real-time correlation during surgery in order to ensure that the surgeons accurately guide the surgical devices to the anatomic structures, which helps in reducing the chances of mistakes and the overall surgery time.
Ultrasound, computed tomography (CT), X-Ray fluoroscopy, magnetic resonance imaging (MRI), endoscopes, single-photon emission computed tomography (SPECT), and positron emission tomography (PET) are the majorly used image guided surgery devices across the world. Out of these, the demand for CT devices was found to be the highest in the years gone by. This was because CT scans help in the early diagnosis of various vascular diseases, cancer, and skeletal abnormalities by showing tissues, organs, and bones in a thin slice of the body.
Geographically, the sales of image guided surgery devices were found to be the highest in North America during the last few years. In this region, the demand for these devices was the highest in the U.S. in the past years. This was because of the high incidence of neurological diseases, the presence of a large geriatric population, and the extensive usage of technologically advanced and innovative imaging techniques in the region. In the forthcoming years, the image guided surgery devices market will register the fastest growth in Europe.
Hence, it can be said without any hesitation that the demand for image guided surgery devices will soar sharply in the coming years, primarily because of the growing incidence of neurological diseases and chronic illnesses and the surging population of geriatric people across the world.
English
Arabic
Español
Português
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian