Market Trends of South America C-Arms Industry
This section covers the major market trends shaping the South America C-Arms Market according to our research experts:
The Mini C-Arm Segment is Expected to Show Better Growth over the Forecast period
With an increasing focus on the portability of C-arms, there is a significant market opportunity for companies producing mini C-arms. Several mini c-arms are designed explicitly for extremity imaging and have a smaller footprint, along with increased mobility compared to the full-size c-arms. The market players are increasing efforts to develop adaptable platforms that fulfill the needs of healthcare providers for various surgical specialties. For instance, in February 2019, lPhilips announced the launch of Zenition mobile C-arm platform that contributes toward innovations in image capture and image processing.
According to the World Population Ageing 2019 report, in Argentina population aged 65 years or over in 2019 was 5,035 (11.2%) and this number is projected to reach to 6,249 (12.7%) in 2030. As the number of elderly population is expected to grow in coming years and elderly population are more prone to chronic diseases which ultimately drives the market in future. Adding to that, rising geriatric pouplation and increasing incidence of chronic disease, the market is expected to witness significant growth over the forecast period.
