Singapore Image-guided Therapy Systems Market Size & Outlook
Singapore image-guided therapy systems market, 2018-2030 (US$M)
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Singapore image-guided therapy systems market highlights
- The Singapore image-guided therapy systems market generated a revenue of USD 42.2 million in 2023 and is expected to reach USD 66.8 million by 2030.
- The Singapore market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, endoscopes was the largest revenue generating product in 2023.
- Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Image-guided therapy systems market data book summary
| Market revenue in 2023 | USD 42.2 million |
| Market revenue in 2030 | USD 66.8 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Endoscopes |
| Fastest growing segment | Endoscopes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computed Tomography (CT) Scanners, Ultrasound Systems, Magnetic Resonance Imaging (MRI), Endoscopes, X-ray Fluoroscopy, Positron Emission Tomography (PET), Single Photon Emission Computed Tomography (SPECT) |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Siemens Healthineers AG ADR, Analogic Corporation, GE HealthCare Technologies Inc Common Stock, BrainLAB, Olympus Corp, Stryker Corp, Varian |
Other key industry trends
- In terms of revenue, Singapore accounted for 0.9% of the global image-guided therapy systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan image-guided therapy systems market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 444.1 million by 2030.
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Image-guided Therapy Systems Market Scope
Image-guided Therapy Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Singapore image-guided therapy systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to image-guided therapy systems market will help companies and investors design strategic landscapes.
Endoscopes was the largest segment with a revenue share of 32.46% in 2023. Horizon Databook has segmented the Singapore image-guided therapy systems market based on computed tomography (ct) scanners, ultrasound systems, magnetic resonance imaging (mri), endoscopes, x-ray fluoroscopy, positron emission tomography (pet), single photon emission computed tomography (spect) covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in geriatric population, growth in the prevalence of chronic diseases, and increase in the preference for minimally invasive surgeries are among key factors likely to boost the market.
Advancements in interventional cardiology and interventional radiology in the country are expected to further boost the market. Increase in incidence of cancer in the country can also create favorable conditions for market growth.
Brainlab, Fujifilm Holdings Corporation, Toshiba Corporation, GE Healthcare, and Medtronic are among key market players in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Singapore image-guided therapy systems market , including forecasts for subscribers. This country databook contains high-level insights into Singapore image-guided therapy systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore image-guided therapy systems market size, by product, 2018-2030 (US$M)
Singapore Image-guided Therapy Systems Market Outlook Share, 2023 & 2030 (US$M)
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