openPR Logo
Press release

Medical Imaging Equipment Services Market To Witness Highest Growth By 2025 With Leading Players

10-10-2019 05:22 PM CET | Health & Medicine

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Medical Imaging Equipment Services Market To Witness Highest

Global Medical Imaging Equipment Services Market – Snapshot

The global medical imaging equipment services market is witnessing unprecedented dynamics due to shift toward value-based service offerings. This has induced market players to focus on technological upgrades in order to stand out among competitors. The global medical imaging equipment services market was valued over US$ 19.0 Bn in 2016, and is expected to surpass US$ 27.0 Bn by the end of 2025. The global medical imaging equipment services market comprises service providers such as Original Equipment Manufacturers (OEM) and Independent Service Providers (ISP), who provide the following services: equipment removal & relocation, equipment repair & maintenance, refurbished systems, technical training, and software upgrades. The market is projected to register a CAGR of more than 3.0% during the forecast period.

View Report: https://www.transparencymarketresearch.com/medical-imaging-equipment-services-market.html

Several key players are providing technological upgrades as a part of their maintenance services, which is a major factor propelling the demand for medical imaging equipment services during 2018-2026. Emergence of Hospital centric business model favoring long term partnerships, which is improving technological upgrades in service offerings is a major factor that is estimated to fuel the growth of medical imaging equipment services market by the end of 2025. However, reducing profit margins on servicing costs is likely to hamper the growth of the medical imaging equipment services market during the forecast period.

Request a Brochure of Medical Imaging Equipment Services Market Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14789

The global medical imaging equipment services market has been segmented on the basis of service type, service providers, modality, and end-user. Based on service type, the global medical imaging equipment services market is categorized into equipment removal & relocation, equipment repair & maintenance, refurbished systems, technical training, and software upgrades. The equipment repair & maintenance segment accounted for the leading market share in 2016, and is projected to remain dominant throughout the forecast period. Limited availability of systems and skilled staff to meet the rising demand for diagnosis leads to higher wear and tear of instruments, which in turn, is projected to augment the market share of the segment by 2025.

In terms of service provider, the global medical imaging equipment services market is classified into Original Equipment Manufacturers (OEM) and Independent Service Organizations. Innovations and advancements leading to rapid processing and shorter test time are likely to propel the OEM segment during the forecast period with a relatively significant CAGR and enhance the penetration of OEMs in emerging markets. Various modalities available in the medical imaging equipment services market are Computed Tomography (CT), Magnetic Resonance Imaging (MRI), ultrasound, x-ray, and others. Out of these, CT generated the maximum revenue in 2016 and is likely to lead the market during 2017-2025. Relatively higher cost of annual service contracts, increase in installed base, and superior technological advancements in the current generation CT are projected to drive the segments growth during the forecast period. On the basis of end-user, the medical imaging equipment services market has been bifurcated into hospitals, diagnostic centers, and others. Hospitals held the dominant share of the market in 2016. However, diagnostic centers are projected to reflect the highest CAGR during 2017-2025, which can be attributed to the increasing penetration of private service providers and rising preference of patients for outpatient settings, boosting the demand for affordable services.

Request a Sample of Medical Imaging Equipment Services Market Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14789

Geographically, the global medical imaging equipment services market has been segmented into five major regions, which are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds the major share of the global market due to high adoption of advanced imaging modalities and changing dynamics for reimbursement coverage. Asia Pacific is expected to register the highest CAGR during the forecast period, due to increasing health care expenditure and growing focus of key players in emerging markets such as China and India. Latin America and Middle East & Africa are lucrative markets for medical imaging equipment services with immense growth potential due to the presence of urban population demanding advanced health care infrastructure and increasing per capita expenditure on health care in these regions.

Key companies operating in the global medical imaging equipment services market and profiled in the report include GE Healthcare (General Electric Company), Hitachi, Ltd., Hologic, Inc., Koninklijke Philips N.V., Shimadzu Corporation, Siemens Healthineers AG, Universal Hospital Services, Inc., Agfa-Gevaert Group, Althea Group, CANON MEDICAL SYSTEMS CORPORATION (Canon Inc.), and Carestream Health (ONEX Corporation).

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Medical Imaging Equipment Services Market To Witness Highest Growth By 2025 With Leading Players here

News-ID: 1846404 • Views: 410

More Releases from Transparency Market Research

Synthetic Blood Substitutes and Blood Products Market Demand Research Report Ana …
Synthetic blood substitute or artificial blood is a replacement for blood. It generally replicates and fulfills some functions of blood and provides an alternative to blood transfusion. The main purpose of artificial blood is transportation of oxygen and carbon dioxide across the body. View Report : https://www.transparencymarketresearch.com/synthetic-blood-substitutes-blood-products-market.html Blood loss due to traumatic injuries and diseases is responsible for thousands of deaths each year. Furthermore, fresh blood can be stored for only 42
Medical Computer Carts Market Trends Research Report Analysis Revealing Key Driv …
Medical computer carts can be defined as medical carts used by medical staff for several day to day activities such as checking electronic medical records, distributing drugs, charting and EMR, medication dispensing, and nursing education. These are suitable for large hospitals, health clinics, pharmacies, and psychiatric hospitals. View Report : https://www.transparencymarketresearch.com/medical-computer-carts-market.html The global medical computer carts market has witnessed strong growth in the past few years driven by increased adoption of electronic
Impact of Outbreak of COVID-19 on Stair Lift Manufacturing Market : Global Indus …
Global Stair Lift Manufacturing Market: Overview Stair lift, commonly used in home care settings or healthcare facilities, are motorized seats which run along a rail or track and are powered by alternating current or batteries so that they can function even during power outages. Stair lifts for both straight and curved staircases are available in the market and they can be completely customized too. They are easy to operate and have
Analysis of Potential Impact of COVID-19 on Knee Implants Market
Global Stair Lift Manufacturing Market: Overview Stair lift, commonly used in home care settings or healthcare facilities, are motorized seats which run along a rail or track and are powered by alternating current or batteries so that they can function even during power outages. Stair lifts for both straight and curved staircases are available in the market and they can be completely customized too. They are easy to operate and have

All 5 Releases


More Releases for Equipment

Pharmaceutical Packaging Equipment Market
The Global Pharmaceutical Packaging Equipment Market is expected to grow from USD 62235.24 Millions in 2018 to USD 98562.24 Millions by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 6.78%. Get Free Sample: https://reports.valuates.com/request/sample/360I-Auto-4F48/Global_Pharmaceutical_Packaging_Equipment "Growing pharmaceutical industry in emerging economies is one of the factors largely attributing to the growth of the Global Pharmaceutical Packaging Equipment Market " View Full Report: https://reports.valuates.com/market-reports/360I-Auto-4F48/global-pharmaceutical-packaging The factors attributing to the growth of the
Personal Protective Equipment (PPE)
Personal Protective Equipment (PPE) Market research report examines adoption trends, future growth potentials, key drivers, competitive outlook, restraints, opportunities, key challenges, Personal Protective Equipment (PPE) industry ecosystem, and revenue chain analysis. This report presents a detailed analysis, market sizing, and forecasting for the emerging segment within the Personal Protective Equipment (PPE) market. The report is thoroughly segmented by product type, application, vertical, and region. The points that are discussed within
Welding Equipment Market 2024
Flourishing automobiles and construction industries are cropping up owing to rapid industrialization worldwide. With rapid development in various companies, various countries have increasingly adopted welding technology such as resistance welding, oxy-fuel welding, and laser welding. For various industries such as transport industry, fabric industry and automotive segment, welding is an imperative procedure. With the ever changing technology breaking traditional barriers, welding equipment Market market has further witnessed development for application in
Defence Equipment Packaging Market
Global Defence Equipment Packaging Market: Overview The global defence industry has undergone significant transformation in the past few decades. The dynamic nature of the defence industry can be determined from the fact that defence electronics become obsolete in a matter of years. Defence electronics comprises all the sophisticated systems integrated with tactical equipment. It is anticipated that the advent of modern technology, coupled with rapid progress of R&D teams across the
Dental Surgical Equipment Market
Regular consumption of tobacco and unhealthy foods are the major causes of dental diseases. Some of the major dental diseases are plaque, cavities and periodontal disease. Plaque is an excessive accumulation of the bacteria and germs that normally live in mouth. Cavities are holes where bacteria damages tooth's enamel. Periodontal disease is one of the major serious dental disorders that cause gum recession and damages soft and hard tissues. Some
Veterinary Grooming Equipment Market
The global veterinary grooming equipment market is segmented into product type such as blades, trimmers & clippers, shampoos & sprays, bathers & dryers, shears, tools and others. Among these segments, shampoos & sprays segment is expected to occupy the top position in global veterinary grooming equipment market. Further, wide product line of veterinary shampoo & sprayers such as herbal shampoo, organic shampoo, anti-flea shampoo and others is expected to