A Recent Study on Diagnostic Imaging Market

A visual representation of human body with various techniques and equipment to diagnose the diseases or a condition is known as diagnostic imaging. Diagnostic imaging is a progressive technique that has changed the healthcare profession drastically and brought out great knowledge and enables the interpretation of diseases as a first-line therapy.

Global diagnostic imaging market is set to increase due to its awareness on an early diagnostic step for the treatment, increase in the number of diseases, etc. With newer diagnostic technologies such as 3D technologies, the evolution of portable devices, better and accurate monitoring, user-friendly diagnosis of in-house diagnostic devices are some of the factors that are driving force for the diagnostic devices market growth. Despite all these advantages, the high cost of the diagnostic imaging, strict rules for regulatory policies and exposure to harmful radiation are causes for the stagnant market for diagnostic imaging devices.

• The global diagnostic imaging market is segmented on the basis of modality, application, and end-users
• The global diagnostic imaging market is expected to reach XX USD Mn by 2024 with a growing CAGR of XX% from 2018 to 2024
• The report covers in-detail insights about the competitor’s overview, key findings and their key strategies

The global Diagnostic imaging market is divided into following categories-
1. Modality
• X-Ray Radiography
• Magnetic Resonance Imaging
• Compound Tomography Scanning
• Ultrasound Imaging
• Nuclear Imaging
• Others
2. Application
• Obstetrics and Gynecology
• Cardiology
• Orthopedic disorders
• Neurology
• Others
3. End-users
Hospitals, diagnostic centers, research centers, homecare Settings

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And on the basis of geographical regions divisions, the diagnostic imaging market is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

North America holds the largest share in diagnostic imaging market due to market availability, established healthcare sector, and awareness for early diagnosis of diseases. Asia- Pacific market is expected to show a growth due to the presence of marketplace. In addition to this, Asia-Pacific region, countries such as India and China are emerging market due to the increasing medical tourism and low cost of diagnosis and modernization of the hospitals.

Some important players in the Diagnostic imaging market are GE healthcare (US), Hitachi, Ltd (Hitachi medical Corporation) (Japan), Siemens AG (Germany), Philips N.V. (Philips Healthcare) (Netherlands), Fujifilm Holdings Corporation (Japan), etc. in 2017, Koninklijke Philips N.V. signed to acquire TomTec Imaging Systems GmbH, a leading intelligent image analysis software provider , to strengthen their ultrasound imaging business. Also, Canon Inc. acquired Toshiba Medical Systems Corporation in order to facilitate and expand its healthcare business worldwide.

Diagnostic imaging technologies including X-ray, MRI, CT scan, etc. have been playing important role in the detection of the various diseases. With such a demand, more and more diagnostic imaging have been coming to the market. Market players are investing in portable diagnostic devices which are compact, equipped with wireless features, etc. are making their way in the diagnostic imaging market. Using a portable diagnostic imaging device further simplifies the usage since they are lightweight and convenient and can be sent from place to another i.e. hospitals, thus saves time.

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Key Questions Answered
• What is the current and future diagnostic imaging market outlook worldwide? What trends are affecting the global market?
• What is the competitive landscape and market share of major players in the diagnostic imaging globally?
• What are the key, high growth markets that diagnostic imaging manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the diagnostic imaging currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of diagnostic imaging?
• What are the challenges and barriers that have hindered widespread adoption of diagnostic imaging?

Reasons to buy diagnostic imaging market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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This release was published on openPR.