North America Fluoroscopy Market Size (2024 - 2029)

North America Fluoroscopy Market Analysis

The North America Fluoroscopy Devices Market size is estimated at USD 2.21 billion in 2024, and is expected to reach USD 2.78 billion by 2029, growing at a CAGR of 4.68% during the forecast period (2024-2029).

The major factors driving the growth of the market in North America are the presence of established healthcare infrastructure, technological advancements, rising demand for minimally-invasive surgeries, growing geriatric population and prevalence of chronic diseases, and increasing use of fluoroscopy in pain management.

As per the January 2024 update by the Population Reference Bureau, by 2050, the United States is set to witness a significant demographic shift; the population of individuals aged 65 and above is expected to surge from 58 million in 2022 to 82 million, marking a 47% increase. Moreover, the proportion of this age group within the overall population is anticipated to climb from 17% to 23%. The elderly population is more prone to chronic conditions such as cardiovascular, neurological disorders, and other diseases, which is expected to have a positive impact on the market.

Fluoroscopes are commonly used in procedures such as cardiac catheterization, arthrography (for joint visualization), lumbar punctures, and the placement of intravenous (IV) catheters. Thus, the increase in cardiovascular complications in North America is expected to drive market demand over the forecast period. As per the July 2022 update by Heart Disease in Canada, men were two times more likely to suffer a heart attack than women in Canada. Hence, the high prevalence and chance of heart attack cases is likely to favor the utilization of fluoroscopes in the country, leading to market growth over the forecast period.

Owing to the above-mentioned factors, the market is expected to grow significantly over the forecast period. However, the side effects associated with radiation are expected to hinder market growth over the forecast period.

North America Fluoroscopy Industry Segmentation

As per the scope of the report, fluoroscopy refers to an imaging technique that uses X-rays to produce real-time images of internal organs. Unlike X-ray images, which are fixed still images on film, fluoroscopy produces live, moving pictures of internal organs, which can be viewed by the naked eye on a digital monitor. A typical fluoroscope has four components, which include an X-ray source, an X-ray image intensifier, an imaging system, and a workstation.

The North American fluoroscopy devices market is segmented by device type, application, and geography. By device type, the market is segmented into fixed and mobile fluoroscopes. By mobile fluoroscopes, the market is segmented into full-sized fluoroscopes and mini fluoroscopes. By application, the market is segmented into orthopedic, cardiovascular, pain management and trauma, neurology, gastrointestinal, urology, general surgery, and other applications. By geography, the market is segmented into the United States, Canada, and Mexico. The report offers the values (USD) for all the above segments.