Global Diagnostic Imaging Market was worth US$ 15.9 Bn. in 2020 and total revenue is expected to grow at a rate of 5.2 % CAGR from 2021 to 2027, reaching almost US$ 22.67 Bn. in 2027.
Diagnostic Imaging Market Overview:
TheDiagnostic Imaging Market research assesses the market's key characteristics based on an examination of many variables including supply, demand, feasibility, and current trends. TheDiagnostic Imaging Market research also includes projections for the years 2022 through 2027. TheDiagnostic Imaging report estimates and forecasts potential growth in the globalDiagnostic Imaging market at each point in time-based on statistical data and thorough research that reflects qualitative as well as quantitative values of major factors such as historical, current, and future trends. The study also discusses the dynamics that are significant for the presentDiagnostic Imaging market as well as the worldwide market's future position. The research also includes a complete analysis of business execution, market share, and cost analysis data respectively.
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Diagnostic Imaging Market Scope:
All market dynamics are covered in our report. The factors positive factors, restraints, opportunities, and challenges are those points that are explained in detail in the report and all the data are collected from press releases documents, and annual reports. The research aims to suggest a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The analysis of market share and comparison of the top players mentioned in the report enables readers to take additional steps in the expansion or improvement of their organization.
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Attributes |
Details |
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Study Period |
2017-2027 |
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Base Year |
2021 |
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Unit |
Value (USD Million) |
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CAGR |
% |
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Market Segmentation:
Based on Application, the market is sub segmented into OB/GYN, MSK, Cardiology and Oncology. Cardiology application segment is estimated to hold the largest market share in the forecast period due to rising incidences of chronic diseases year by year. Products segment is bifurcated as X-ray Imaging, MRI, Ultrasound, CT, and Nuclear Imaging. X-ray system segment is expected to register the highest growth during the forecast period, owing to the increasing prevalence of orthopaedic injuries and accidents and the demand for point of care testing, which is facilitating the sale of portable devices. The end-user segment is further sub-segmented as Hospitals and Imaging Centres. The market based on geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.
Based on Product, the market is sub-segmented into X-ray Imaging, Digital, Analog, MRI, Ultrasound, CT and Nuclear Imaging. In 2020, the ultrasound sector had the greatest market share of 30.0 percent, and this is likely to continue throughout the forecast period. The increasing number of ultrasound applications is responsible for the segment's rise. Advanced ultrasonic transducers have recently been developed, opening up new applications for ultrasound devices in biomedical and cardiovascular imaging. A strong focus on the development of portable ultrasound devices is projected to broaden the scope of this modality's applications in both ambulatory and emergency care.
Key Players:
• GE Healthcare
• Siemens Healthcare GmBH
• Koninklijke Philips N.V.
• Toshiba Medical Systems Corporation
• Hitachi Ltd.
• Carestream Health, Inc.
• Esaote S.p.A
• Hologic, Inc.
• Fujifilm Corporation
• Samsung Medison
• Shimadzu Corporation
• Philips Healthcare
• Ziehm Imaging Inc
• Boston Scientific
• Varex Medical Systems
Regional Trends:
In regions, we have to cover main 5 regions and they are North America (United States, Canada), Europe (Germany, France, Italy, United Kingdom, Netherlands, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) MEA (Middle East, Africa) South America (Brazil, Argentina, Rest of South America).
We have given the forecasted data and information as per the customer demand. This section of our report presents a realistic picture of the GlobalDiagnostic Imaging industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest.
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