Global Diagnostic Imaging Equipment Market, By Product Type (X-Ray Imaging, Digital, Analog, MRI, Ultrasound, CT-Scan, Nuclear Imaging), Application (Oncology, Cardiology, Orthopaedics, Others), Portability (Stationary X-ray Imaging Systems and Portable X-ray Imaging Systems), End-Users (Hospitals, Diagnostic Centres and Research Centres), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Diagnostic imaging equipment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 6.25% in the above-mentioned forecast period. Increase in the government investments drives the diagnostic imaging equipment market.
Diagnostic imaging is defined as a method through which the internal structure of a human body is observed with the help of the electromagnetic radiation to obtain an accurate diagnosis. Diagnostic imaging equipment is used for early diseases detection by using medical imaging and it also helps in detecting abnormalities through imaging of organs and tissues by creating a database of human physiology and anatomy.
Rise in the number of diagnostic imaging is the vital factor escalating the market growth, also increase in the incidence of chronic diseases, rise in the growth in the geriatric population, rise in the investments, funds, and grants by public-private organizations, increase in the technological advancements in diagnostic imaging modalities rapidly, rise in the geriatric population and increase in the prevalence of associated diseases are the major factors among others driving the diagnostic imaging equipment market. Moreover, rise in the technological advancements and modernization in the healthcare devices, rise in the research and development activities in the healthcare sector and increase in the geriatric population base will further create new opportunities for diagnostic imaging equipment market in the forecasted period of 2021-2028.
However, high cost of diagnostic imaging systems, technological limitations associated with standalone systems and declining reimbursements and increasing regulatory burden in the US are the major factors among others which will obstruct the market growth, and will further challenge the growth of diagnostic imaging equipment market in the forecast period mentioned above.
Diagnostic imaging equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on diagnostic imaging equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Diagnostic Imaging Equipment Market Scope and Market Size
Diagnostic imaging equipment market is segmented on the basis of product type, application, portability and end-users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, diagnostic imaging equipment market is segmented into ray imaging, digital, analog, mri, ultrasound, ct-scan and nuclear imaging.
- Based on application, the diagnostic imaging equipment market is segmented into oncology, cardiology, orthopaedics and others.
- Based on portability, the diagnostic imaging equipment market is segmented into stationary x-ray imaging systems and portable x-ray imaging systems.
- The diagnostic imaging equipment market is also segmented on the basis of end-users into hospitals, diagnostic centres and research centres.
Diagnostic Imaging Equipment Market Country Level Analysis
Diagnostic imaging equipment market is analysed and market size insights and trends are provided by country, product type, application, portability and end-users as referenced above.
The countries covered in the diagnostic imaging equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the diagnostic imaging equipment market due to increase in the incidence of chronic diseases, rise in the growth in the geriatric population and rise in the investments, funds, and grants by public-private organizations in this region. Asia-Pacific is the expected region in terms of growth in diagnostic imaging equipment market due to increase in the incidence of chronic diseases, rise in the growth in the geriatric population and rise in the investments, funds, and grants by public-private organizations in this region.
The country section of the diagnostic imaging equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Diagnostic imaging equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for diagnostic imaging equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the diagnostic imaging equipment market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Diagnostic Imaging Equipment Market Share Analysis
Diagnostic imaging equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to diagnostic imaging equipment market.
The major players covered in the diagnostic imaging equipment market report are General Electric Company, Hitachi Ltd., Hologic, Inc., Koninklijke Philips N.V., Samsung Medison Co., Ltd., Shimadzu Medical (India) Pvt. Ltd., CANON MEDICAL SYSTEM CORPORATION, ESAOTE SPA, Allengers., CURA Healthcare, Neusoft Corporation, NP JSC AMICO, Shanghai Lianying Medical Technology Co., Ltd., FUJIFILM Corporation and Siemens Healthcare Private Limited among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.