Press release
US Medical Imaging Equipment Services Market Expected to Reach US$ 5,848.2 Mn in 2027 - GENERAL ELECTRIC, Siemens Healthineers , Hitachi, Hologic , Koninklijke, Shimadzu, Canon, Carestream, Agility, Althea
The US medical imaging equipment services market is expected to reach US$ 5,848.2 Mn in 2027 from US$ 4,169.0 Mn in 2018. The market is estimated to grow with a CAGR of 3.9% from 2019-2027.The growth of the medical imaging equipment services market is primarily attributed to the rising numbers of hospital and diagnostics centers, better quality performance due to service, and rising prevalence of chronic and acute diseases. However, the market is likely to get impacted by the risk factor such as lack of funds/grants for the diagnostic equipment during the forecast period. Additionally, other factors, such as rising technological developments have contributed in the growth of the US medical imaging equipment services market. Medical imaging is the most essential and integral part of the diagnostic processor examinations. The diagnostic process is done through various devices such as MRIs, CT scanners, ultrasound, and other radiological devices. In the past twenty years, there have been tremendous developments done in medical technologies and imaging devices.
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The US medical imaging equipment services market is dominated by original equipment manufacturers (OEM) segment in 2018 with a considerable market share of 77.5%, by service providers. This segment is also predicted to dominate the market in 2027 owing to the inventions and developments leading to fast processing and less test time. Also, the segment is anticipated to witness growth at a significant rate during the forecast period, 2019 to 2027.
In 2018, the X-ray segment held a considerable market share of 32.2% of the medical imaging equipment services market, by the modality. This segment is also predicted to dominate the market in 2027 owing to noninvasive and painless, guide medical personnel as they insert catheters, also support medical and surgical treatment planning. Also, the segment is anticipated to witness growth at a significant rate during the forecast period, 2019 to 2027.
In 2018, the hospitals segment held a considerable market share of 53.6% of the medical imaging equipment services market, by end user. This segment is also predicted to dominate the market in 2027 owing to the increasing number of hospitals across the country, and rapid growth of different surgical procedures. However, the diagnostic centers segment is anticipated to witness growth at a significant rate during the forecast period, 2019 to 2027, owing to rising involvement of private service providers and growing preference of patients for outpatient settings, rising the demand for affordable services.
Table of Content:
1 Introduction
1.1 Scope of Study
2 Key Takeaways
3 US Medical Imaging Equipment Services Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis
4 US Medical Imaging Equipment Services Market - Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 US Medical Imaging Equipment Services Market Analysis- Global
5.1 Global US Medical Imaging Equipment Services Market Overview
5.2 Global US Medical Imaging Equipment Services Market Forecasts and Analysis
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions US Medical Imaging Equipment Services Market
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