Medical Imaging Devices Market 2018: Emerging aspects with Study of Growing Trends, Share, Global Industry Size, and Top Companies Like Philips Healthcare, GE Healthcare, Siemens AG, Carestream Health, Fujifilm Holdings Corporation.

Advancement in technology in medical imaging such as mobile imaging devices and 3-D ultrasonic holography, which does not use harmful radiation has led to improvement in the diagnosis and treatment methods in patients. Pediatric patients are comparatively more radiosensitive than adults. Therefore, manufacturers are focusing on designing safer and effective X-ray imagining devices that have relatively low levels of harmful radiations, built specially for pediatric patients as encouraged by the U.S. FDA. Moreover, companies are developing software in order to improve diagnosis and treatment methods and for this they are collaborating with IT companies, which are expected to provide quantitative analysis tools and advanced visualization. The apps linked with medical imaging devices are some of these technologies, which are expected to provide manufacturers a competitive edge in the medical imaging devices market. For instance, the University of Pittsburgh Medical Center (UPMC) is the development partner for GE Health Cloud. The new cloud system enables in managing files produced by magnetic resonance imaging (MRIs), computed tomography (CT) scanners, ultrasound machines, and other imaging devices.

The competitive analysis for companies operating in the medical imaging devices market includes top 10 players based on their 2016 revenue - Siemens AG, GE Healthcare, Philips Healthcare, Fujifilm Holdings Corporation, Hitachi Ltd, Shimadzu Corporation, Toshiba Medical Systems Corporation, Hologic, Inc., Samsung Medison, and Carestream Health.

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Philips Healthcare

Company Description - Philips Healthcare is engaged in manufacturing and selling a wide range of products, which includes healthcare IT solutions, diagnostic imaging systems, patient monitoring, and cardiac devices. Philips Healthcare operates as a subsidiary of Koninklijke Philips.

GE Healthcare

Company Description - GE Healthcare is engaged in manufacturing of cardiac devices, patient monitoring devices, and medical imaging systems. GE Healthcare is a subsidiary of GE Electrical. The company offers a wide range of products and services, which includes patient monitoring and diagnostics, software and IT, drug discovery biopharmaceutical manufacturing technologies, and performance improvement solutions.

Siemens AG

Company Description - Siemens Healthcare — a subsidiary of Siemens — is a medical technology and healthcare company that manufacturers clinical diagnostics and therapeutic systems. The company’s Healthineers segments operate through six different business segments namely diagnostic imaging, laboratory diagnostics, advanced therapies, ultrasound, point-of-care diagnostics, and services.

Carestream Health

Company Description: Carestream Health provides medical imaging and healthcare information technology solutions. Company’s product portfolio includes analog X-ray, radiography systems, ultrasound, cone beam CT, and healthcare IT solutions.

Fujifilm Holdings Corporation

Company Description: - Fujifilm and its subsidiaries are engaged in manufacturing and selling of a wide range of information solutions and medical imaging. Through its healthcare segment, the company offers medical imaging systems.

Medical Imaging Devices Market - Pipeline Analysis

Several players operating in the medical imaging devices market are focusing on improving the image quality, in order to cater to unmet medical imaging needs.

For instance, Lantheus Medical Imaging, Inc. is developing positron emission tomography (PET) myocardial perfusion imaging (MPI) agent, flurpiridaz F 18, which is in Phase 3 clinical studies. This agent has a potential to evaluate coronary artery disease (CAD).

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Medical Imaging Devices Market Taxonomy

Increasing cases of chronic diseases is one of the key factors estimated to boost the demand for Medical Imaging Devices in the coming years.
Technological developments and innovations to generate promising growth opportunities for the market players.
The global Medical Imaging Devices market has been segmented as below:

Medical Imaging Devices 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 Devices 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 Devices 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

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