Orthopedic Medical Imaging Market: In-Depth Qualitative Insights And Historical Data

Increasing cases of bone fracture trauma due to fall, motor vehicle accident or sports, requires efficient medical intervention, which is provided by orthopedic medical imaging systems, thus, augmenting the market growth. According to the National Trauma Institute, in 2014, traumatic injury is a major cause of death globally, with the major share of road injury (29.1%) and falls (11.6%). According to the National Institute of Health, 2012, knee is the most commonly injured joint by adolescent athletes with an estimated 2.5 million sports-related injuries presenting to emergency departments, annually. This number is expected to increase in the near future.

Orthopedic equipment comes in many different sizes and shapes. It should be strongly considered before buying any particular item. Some of the most popular brands include MRI gear, Tomography equipment, and ultrasound machines. All of these items are very useful for many different kinds of purposes. Finding the right orthopedic equipment is important. However, there are certain challenges associated with the adoption of these imaging solutions with high expenses in clinical trials being one of them. Besides, stringent regulatory restrictions and growing burden on healthcare budgets in the U.S. can impede growth of the orthopedic medical imaging market in the near future.

Magnetic resonance imaging (MRI) is often used to get information about the brain. This method works by creating a very strong magnetic field that is used to map out parts of the brain. Many times this is done in a lab. The elderly population is highly vulnerable to orthopedic diseases. With the rapidly growing geriatric population, the incidence of subsequent orthopedic diseases is likely to grow in the near future. As per the World Health Organization (WHO), the geriatric population is likely to reach 2 billion by 2050, increasing from 900 million in 2015. Such factors can stimulate growth of the orthopedic medical imaging market.

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