Connect with us

Research Reports

The Medical Imaging Equipment Market to witness innovation-oriented sustenance

The Spirulina Extract Market’S Growth Is To Be Defined By Innovation Continuously

 

The Medical Imaging Equipment Market is expected to grow on a persistent note in the future. With AI making its mark everywhere, how could the healthcare vertical be left behind. Abnormalities in the medical scans could be easily spotted by radiologists with the help of machine learning. Likewise, the healthcare vertical is poised to develop on a ravishing note with technological advancements on the anvil in the next decade.

According to a new market report published by Persistence Market Research “Global Market Study on Medical Imaging Equipment,” the global medical imaging equipment market was valued at US$ 29.4 Bn in 2015 and is expected to reach US$ 45.3 Bn by 2023, growing at a CAGR of 5.6% during the forecast period from 2015 to 2023.

Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/11215

Improvement in health care reforms in major countries such as Japan, the U.S., China, and U.K. has enhanced access to various diagnostic and treatment services thereby increasing life expectancy of the population. Rise in geriatric population is expected to intensify the need for healthcare products and services in these countries.

Company Profiles:

  • GE Healthcare,
  • Shimadzu Corporation,
  • Philips Healthcare,
  • Genesis Medical Imaging inc.,
  • Hologic Inc.,
  • Siemens Healthcare,
  • Samsung Medison Co. Ltd,
  • Carestream Health Inc.,
  • Hitachi Medical Corporation,
  • Fujifilm Holdings Corporation,
  • Toshiba Corporation and Fonar Corporation

Request for Methodology@ https://www.persistencemarketresearch.com/methodology/11215

Moreover, the rising incidence of diseases across the globe continue to increase the demand for diagnosis equipment, particularly non-invasive imaging solutions. According to the World Health Organization (WHO), an estimated 17.5 Mn people died due to cardiovascular diseases in 2012, accounting for approximately 31% of global deaths. Moreover, 235 Mn people were diagnosed with asthma across the world in 2014.

On account of all these factors, the global medical imaging equipment market is expected to grow at a CAGR of 5.6% during the forecast period from 2015 to 2023.  The market is driven by the major developed economies of the U.S., Europe, and Asia Pacific. However, emerging markets, particularly, China, India and Brazil are expected to be the fastest growing market in terms of CAGR during the forecast period.

With a share of more than 30% in 2015, North America was the largest market for medical imaging equipment primarily due to high awareness about medical imaging devices financial capability to purchase expensive machines, rising demand for technologically advanced and innovative products in hospitals, diagnostics laboratories and outpatient ambulatory surgery centers, and high investment in improving healthcare infrastructure. Obesity is one of the major causes of several diseases of cardiovascular system that has led to increase in demand for diagnostic imaging in the U.S.

According to the Centers for Disease Control and Prevention (CDC), the percentage of obese children aged between 6 years and 11 years increased from 7% in 1980 to 18% in 2012 in the U.S. In addition, increasing healthcare expenditure in the U.S. in recent years has also assisted in dramatic rise in the usage of medical imaging.

Emerging economies such as China, India, Indonesia, Malaysia, Singapore and Thailand are providing much needed boost to the medical imaging equipment market. The Asia Pacific market is driven by demand for refurbished imaging systems as more equipment are needed with less funds dedicated to healthcare budgets.

However, demand for new devices that offer superior imaging, speed, flexibility and portability are also being adopted in China and India, countries with the largest market potential. Europe was ranked third, in terms of market size, after North America and Asia Pacific. Demand in the region is similar to North America, wherein demand for advanced equipment for all modalities is higher. Western Europe, which includes major economies such as Germany, U.K., France, and Italy, holds a major share in the region.

Others markets on the global map include Latin America and Middle East & Africa. As the markets in the developed world are becoming saturated, most the market players are focusing on emerging markets in Brazil and member states of Gulf Cooperation Council. Looking at the proximity of Brazil to the U.S., major market players find it convenient to have manufacturing facilities in Brazil.

Therefore, the Latin America market is poised to grow rapidly. In addition, the government efforts in GCC member states to invest in improving the healthcare infrastructure and promote medical tourism are facilitating the demand for newer medical imaging equipment.

Access Full Report@ https://www.persistencemarketresearch.com/checkout/11215

The global medical imaging equipment market is segmented into the following categories:

Medical Imaging Equipment Market, by Product

  • X-Ray Devices
    • Stationary
    • Portable
  • Ultrasound Systems
    • Cart/Trolley Based Ultrasound System
    • Compact/Portable Ultrasound System
  • Computed Tomography (CT) Scanners
    • Stationary
    • Mobile
  • Magnetic Resonance Imaging (MRI) Equipment
    • Closed
    • Open
  • Nuclear Imaging Equipment
    • SPECT Scanner
    • PET Scanner

Medical Imaging Equipment Market, by Technology

    • X-Ray Devices
      • Analog X-ray Technology
      • Digital Radiography
      • Computed Radiography
    • Ultrasound Systems
      • 2-D
      • 3-D & 4-D
      • Doppler
      • High Intensity Frequency Ultrasound (HIFU)
      • Lithotripsy
    • Computed Tomography (CT) Scanners
      • Stationary
      • Mobile
    • Magnetic Resonance Imaging (MRI) Equipment
      • Low-Slice
      • Medium-Slice
      • High-Slice
    • Nuclear Imaging Equipment
      • SPECT Scanner
      • PET Scanner

Medical Imaging Equipment Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC Countries
    • Rest of MEA

Related Reports:

Rehabilitation Equipment Market

Medical X Ray Detectors Market

About Us: Persistence Market Research

Contact Us:

Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353

Japan Office: 1-2-1 Kinshi Arca Central Building
14/F Tokyo, 130-0013, Japan
Call 1-888-863-3700

Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

Continue Reading
Editorial & Advertiser disclosure

Recommended