Fluorescence Guided Surgery Systems Market

The increase in number of various surgeries and other major driving factors is expected to favor the rise in the global fluorescence guided surgery systems market

 

Reports and Insights has published a new report titled, “Fluorescence Guided Surgery Systems Market: Opportunity Analysis and Future Assessment 2022-2030

Fluorescence Guided Surgery Systems Market, By Type (SPY system, PDE system, VS3 iridium system, Others), By Application (Head and neck cancer, Breast cancer, Non-small-cell lung cancer, Colorectal cancer, Bladder cancer, Prostate cancer, Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.

The fluorescence guided surgery systems market in 2022 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2030 with a significant CAGR of xx%.

The fluorescence-guided surgery systems incorporate the use of fluorescent dyes which are injected into the patient's body before the commencement of surgery. The dye then accumulates in the cancerous tissue, making it visible under special blue light. This helps the surgeon to remove all the cancerous tissue while sparing the healthy tissue. The COVID-19 pandemic has positively influenced the fluorescence-guided surgery system taking into account the limited resources and susceptibility of cancer patients in the course of pandemic. According to the report published in Frontiers in Surgery in July 2021, the sensitivity as well as vulnerability of cancer patients during COVID-19 is greater as compared to general population. Resultantly, the fluorescence-guided surgery systems is gaining greater traction across the global markets.

As per report, the increase in the demand of surgeries especially cancer surgeries all across the world is primarily anticipated to fuel the growth of the fluorescence guided surgery systems market in the forecast period. For instance, according to CDC, in the year 2020, the total number of new cancer cases recorded was 19,292,789 among which approximately 9,958,133 number of deaths occurred across the globe, which caused an enhanced burden of cancer cases that in turn lead to the rise in number of surgical procedures, thereby propelling the adoption of fluorescence guided surgery systems market.

Furthermore, the funds provided by the government are spurring swiftly for the development of the new fluorescence-guided-systems as well as the rising commercial availability of these system influencing the adoption of the surgical procedures is likely to boost the growth of the global fluorescence guided surgery systems market in the coming years.

Despite that, the lengthy procedure of approval of these fluorescence-guided surgery systems is estimated to hinder the fluorescence guided surgery systems market growth. Moreover, the severe side effects caused by the fluoroscopy is likely to slow down the growth of the global fluorescence guided surgery systems market over the forecast period.

Reports and Insights Study identifies some of the key participating players in the fluorescence guided surgery systems market globally are Stryker, Hamamatsu Photonics K.K., Quest Medical Imaging, Medtronic, Curadel, LLC., LI-COR Biosciences, PerkinElmer, SurgiMab, OnLine Surgical, Fluoptics, among others.

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