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Meticulous Research® – leading global market research company published a research report titled “Diagnostic Imaging Market by Product (X-ray Imaging (Digital, Analog), MRI (Closed, Open), Ultrasound, CT, Nuclear Imaging (SPECT, PET)), Application (OB/GYN, MSK, Cardiology, Oncology), End User (Hospital, Imaging Centers) - Global Forecast to 2025”With upgraded health care policies and increasing availability of medical equipment, there is an increase in number of imaging-based procedures which are effective, safe, and important for medical decision-making and can reduce unnecessary treatments/procedures. The diagnostic imaging market is driven by increasing investments and funding by government bodies for modernization of imaging facilities, growing number of hospitals and diagnostic imaging centers, rising prevalence of cancer, increasing geriatric population and growing incidence of chronic diseases, and increasing preference for minimally invasive treatments. In addition, emerging countries, growing medical tourism, and development of low-cost & technologically advanced systems offer key growth opportunities for players in this market.
Diagnostic imaging market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2025– by product, application, and end-user. The study also evaluates industry competitors and analyzes the market at regional and country level.
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Based on product type, X-ray systems commanded the largest share of the global diagnostic imaging market. The growth of this segment is attributed to the rising demand for mobile X-ray systems, growing adoption of digital X-rays, increasing number of hospitals and diagnostic imaging centers, painless and non-invasive nature of procedures, low prices as compared to other modalities, wide usage of X-ray images in diagnosis of any injury or deformities, and increase in aging population and subsequent rise in fractures.
The report covers the major applications of each imaging modality including obstetrics/gynecology (OB/GYN), mammography, orthopedics and musculoskeletal, radiology, neurology, cardiovascular, general imaging, and others. In terms of application of ultrasound systems, the gynecology/obstetrics segment dominates the market.
Based on end-user, the diagnostic imaging market is segmented into hospitals, diagnostic imaging centers, and other end users. Hospitals commanded the largest share owing to rising aging population and burden of chronic diseases, significant pool of patient population treated in hospitals, growing number of minimally invasive surgeries, and greater budgets to install advanced equipment. However, diagnostic centers are expected to witness the highest CAGR during the forecast period.
The report includes extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2015-2018). For instance, in July 2018, Siemens Healthineers launched Acuson Sequoia, an ultrasound system to address industry challenges in ultrasound imaging. Similarly, in May 2017, GE Healthcare expanded its existing magnet resonance imaging (MRI) components production operations in Columbia, SC.
The major players operating in the global diagnostic imaging market are GE Healthcare (U.S.), Siemens Healthineers (Germany), Koninklijke Philips N.V. (The Netherlands), Canon Medical Systems Corporation (Japan), Hitachi Ltd. (Japan), Carestream Health, Inc. (U.S.), Esaote S.p.A (Italy), Hologic, Inc. (U.S.), Fujifilm Corporation (Japan), Samsung Medison (South Korea), and Shimadzu Corporation (Japan).
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Key Topics Covered in This Report:
1 Introduction
1.1 Market Scope
1.2 Currency
1.3 Limitations
1.4 Key Stakeholders
2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Market Size Estimation
3 Executive Summary
4 Market Insights
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Investments and Funding By Government Bodies for Modernization of Imaging
Facilities
4.2.3 Growth in Number of Diagnostic Imaging Centers
4.2.4 Rising Prevalence of Cancer
4.2.5 Increasing Geriatric Population and Growing Incidence of Chronic Diseases
4.2.6 Technological Advancements in Diagnostic Imaging Modalities
4.2.7 Increasing Preference for Minimally Invasive Treatments
4.2.8 Growing Focus on Preventive Care
4.3 Restraints
4.3.1 High Cost of Diagnostic Imaging Systems
4.3.2 Unfavorable Healthcare Reforms in the U.S.
4.3.3 Shortage of Helium (an essential component of MRI)
4.4 Opportunities
4.4.1 High Growth Opportunities in Emerging Countries
4.4.2 Development of Low-Cost Imaging Systems
4.4.3 Growing Medical Tourism
4.5 Challenges
4.5.1 Increasing Adoption of Refurbished Diagnostic Imaging Systems
4.5.2 Dearth of Trained Personnel
5 Diagnostic Imaging Market, By Product
5.1 Introduction
5.2 X-Ray Imaging Systems
5.2.1 X-Ray Imaging Systems Market, By Technology
5.2.1.1 Digital Imaging
5.2.1.1.1 Direct Radiography
5.2.1.1.2 Computed Radiography
5.2.1.2 Analog Imaging
5.2.2 X-Ray Imaging Systems Market, By Portability
5.2.2.1 Stationary
5.2.2.1.1 Floor-To-Ceiling Mounted Systems
5.2.2.1.2 Ceiling-Mounted Systems
5.2.2.2 Portable
5.2.2.2.1 Mobile X-Ray Systems
5.2.2.2.2 Handheld X-Ray Systems
5.3 Magnetic Resonance Imaging (MRI)
5.3.1 MRI Systems Market, By Architecture
5.3.1.1 Closed MRI Systems
5.3.1.2 Open MRI Systems
5.3.1.3 Standard Bore MRI
5.3.1.4 Wide-Bore MRI
5.3.2 MRI Systems Market, By Field Strength
5.3.2.1 High- and Very-High Field MRI Systems (1.5T to 6T)
5.3.2.2 Low-To-Mid-Field MRI Systems (<1.5T)
5.3.2.3 Ultra-High-Field MRI Systems (7T and Above)
5.4 Ultrasound Imaging Systems
5.4.1 Ultrasound Imaging Systems Market, By Technology
5.4.1.1 2D Imaging Systems
5.4.1.2 3D and 4D Imaging Systems
5.4.1.3 Doppler Imaging
5.4.2 Ultrasound Imaging Systems Market, By Portability
5.4.2.1 Trolley/Cart-Based Ultrasound Systems
5.4.2.2 Compact/Portable Ultrasound Systems
5.4.2.3 Point-of-care Ultrasound Systems
5.5 Computed Tomography (CT) Scanners
5.5.1 Computed Tomography Scanners Market, By Slice Type
5.5.1.1 High-Slice CT Scanners
5.5.1.2 Mid-Slice CT Scanners
5.5.1.3 Low-Slice CT Scanners
5.5.2 Computed Tomography Scanners Market, By Portability
5.5.2.1 Stationary CT Scanners
5.5.2.2 Portable CT Scanners
5.6 Nuclear Imaging Systems
5.6.1 SPECT Systems, by type
5.6.1.1 Hybrid SPECT Systems
5.6.1.2 Standalone SPECT Systems
5.6.2 Hybrid PET Systems
6 Diagnostic Imaging Market, by Application
6.1 Introduction
6.2 X-Ray Imaging Systems
6.2.1 General Radiography
6.2.2 Dental
6.2.3 Mammography
6.3 MRI Systems
6.3.1 Brain and Neurological MRI
6.3.2 Spine and Musculoskeletal MRI
6.3.3 Vascular MRI
6.3.4 Pelvic and Abdominal MRI
6.3.5 Breast MRI
6.3.6 Cardiac MRI
6.4 Ultrasound Systems
6.4.1 Radiology/General Imaging
6.4.2 Obstetrics/Gynecology (OB/GYN)
6.4.3 Cardiology
6.4.4 Vascular
6.4.5 Urology
6.4.6 Other Applications
6.5 CT Scanners
6.5.1 Cardiology
6.5.2 Oncology
6.5.3 Neurology
6.5.4 Other Applications
6.6 Nuclear Imaging Systems
6.6.1 Cardiology
6.6.2 Oncology
6.6.3 Neurology
6.6.4 Other Applications
7 Diagnostic Imaging Market, by End User
7.1 Introduction
7.2 Hospitals
7.3 Diagnostic Imaging Centers
7.4 Other End Users
8 Diagnostic Imaging Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 RoE
8.4 Asia-Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Australia
8.4.5 South Korea
8.4.6 RoAPAC
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East & Africa
9 Competitive Landscape
9.1 Introduction
9.2 Company Benchmarking
9.3 Market Share Analysis
10 Company Profiles
10.1 Carestream Health
10.1.1 Business Overview
10.1.2 Financial Overview
10.1.3 Product Portfolio
10.1.4 Strategic Developments
10.2 Esaote S.P.A
10.2.1 Business Overview
10.2.2 Financial Overview
10.2.3 Product Portfolio
10.2.4 Strategic Developments
10.3 Fujifilm Holdings Corporation
10.3.1 Business Overview
10.3.2 Financial Overview
10.3.3 Product Portfolio
10.3.4 Strategic Developments
10.4 GE Healthcare
10.4.1 Business Overview
10.4.2 Financial Overview
10.4.3 Product Portfolio
10.4.4 Strategic Developments
10.5 Hitachi Ltd.
10.5.1 Business Overview
10.5.2 Financial Overview
10.5.3 Product Portfolio
10.5.4 Strategic Developments
10.6 Koninklijke Philips N.V.
10.6.1 Business Overview
10.6.2 Financial Overview
10.6.3 Product Portfolio
10.6.4 Strategic Developments
10.7 Siemens AG
10.7.1 Business Overview
10.7.2 Financial Overview
10.7.3 Product Portfolio
10.7.4 Strategic Developments
10.8 Shimadzu Corporation
10.8.1 Business Overview
10.8.2 Financial Overview
10.8.3 Product Portfolio
10.8.4 Strategic Developments
10.9 Samsung Medison
10.9.1 Business Overview
10.9.2 Financial Overview
10.9.3 Product Portfolio
10.9.4 Strategic Developments
10.10 Canon Medical Systems Corporation
10.10.1 Business Overview
10.10.2 Financial Overview
10.10.3 Product Portfolio
10.10.4 Strategic Developments
11 Appendix
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