Global Diagnostic Imaging Equipment Market Share, Trends & Forecast to 2025

Technology is growing at a very rapid pace in healthcare, including smartphone apps, biosensors, lab-on-a chip, and wearable devices and so on. These advanced technologies are offering a closer connection to the patient referred as point-of-care (POC) technologies. POC technology is quickly becoming part of the transformation of the healthcare landscape. Point of-care diagnostic devices are used to accelerate diagnosis and subsequent treatment and to bring testing closer to the patient and results conveniently. POCT allows for faster clinical decisions in hospitals, ambulances, patient homes, and in the field. For instance POC ultrasound device can support in decision making during critical situation. The Society of Point of Care Ultrasound (SPOCUS) is non-profitable organization dedicated to the promotion, democratization, and advancement of point-of-care ultrasound. SPOCUS collaborates with industry for expanding access to ultrasound devices as well as expanding the clinical ultrasound educational opportunities which simplify user's ability to employ ultrasound and enhance access to high-quality care.

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The Key market players such as GE healthcare, Siemens and Fujifilm are introducing point-of-care devices. GE Healthcare offers wide range of POC ultrasound devices such as Venue, NextGen LOGIQ e Ultrasound, LOGIQ P9, Vscan Extend, LOGIQ S8 XDclear 2.0, Vivid iq, and Venue 50 Ultrasound. Vscan Extend is a pocket-sized ultrasound used to accelerate treatment decisions at the point of care. It can be easily used with smartphone as well as optimize the course of treatment and reduce the overall cost of care. Furthermore, Siemens healthcare also offer wide range of point of care ultrasound scanners include ACUSON freestyle series ultrasound systems, ACUSON P500 ultrasound system, and ACUSON juniper ultrasound system. The contribution of leading market players in improving the point-of-care devices will significantly contribute the market in near future.

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Substantial opportunities in Emerging economies

The emerging economies such as India, China Brazil and others provide significant opportunity to the market. With increasing healthcare expenditure in developing countries such as India, new hospitals and medical centres are being set up in the countries, due to this the market for ultrasound is expected to increase in the near future. Further, the increasing incidence of coronary heart diseases and peripheral heart disease has resulted in a rise in demand for diagnostic imaging in developing countries. The demand for improved healthcare infrastructure in emerging economies encourages the development and adoption of such technologies. One of the major factors that enhances infrastructure in any region or economy is investment made by foreign bodies. Many institutional investors are interested in gaining exposure to the emerging economies healthcare sector. For an instance, Abraaj Group, a private equity firm is investing around $1 billion in healthcare facilities across the emerging economies. Many emerging economies are working to improve their healthcare infrastructure by importing technological advanced products and other laboratory devices from other countries.

Global Diagnostic Imaging Equipment Market Segmentation

By Modality

X-Ray
Ultrasound
Computed Tomography
Magnetic Resonance Imaging (MRI)
Mammography
Others

By Application

Oncology
Orthopedics
Cardiovascular
Neurology
Urology
Others

Global Diagnostic Imaging Equipment Market - Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East and Africa

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