Medical Imaging Market 2020 Global Industry Growth, Share, Size, Trends, COVID-19 Impact Analysis and 2027 Forecasts Report - Siemens Healthineers AG, Sonic Healthcare, GE Healthcare, Koninklijke Philips N.V., Hitachi
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This influential Medical Imaging Market report contains a chapter on the global Medical Imaging Market and all its linked companies with their profiles, which presents valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market research report not only saves precious time but also add credibility to the work. By keeping end users at the centre point, a team of researchers, forecasters, analysts and industry experts work exhaustively to formulate Medical Imaging Market report. This report offers the best professional in-depth study on the current state for the industry.
Market Analysis and Insights: Global Medical Imaging Market
Medical imaging market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 10.4% in the forecast period of 2020 to 2027and expected to reach USD 265,334.23 million by 2027 from USD 120,237.71 million in 2019. Rising minimally invasive diagnostic and therapeutic interventional procedures and increasing prevalence of chronic diseases are the factors for the market growth.
The major players covered in the Medical Imaging Market report are Spectrum Health, RamSoft, Inc., InHealth Group, Radiology Reports online, Siemens Healthineers AG, Sonic Healthcare, RadNet, Inc., GE Healthcare (A subsidiary of GENERAL ELECTRIC), Alliance HealthCare Services, Koninklijke Philips N.V., Hologic Inc., Shimadzu Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., CANON MEDICAL SYSTEMS CORPORATION, Carl Zeiss Ag, FUJIFILM Corporation, Hitachi, Ltd., MEDNAX Services, Inc., Carestream Health (A subsidiary of Onex Corporation), Teleradiology Solutions, UNILABS, ONRAD, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Medical imaging can be thought of as a technique to create various internal images of the body for diagnosis and treatment of the disease. This technique is mainly useful in improving the health of people around the world, as it can help in the early diagnosis of some internal diseases and providing the right treatment for a particular disease. May also examine what has already been diagnosed with treatment.
The technology of medical imaging is used at the numerous levels of patient management process, such as screening, diagnosis, therapy delivery, staging, and medical follow-up.. For instance, According to the National Health Council, in America, approximately 133 million people were affected by the chronic diseases in 2019 and it is estimated that in 2020, this number will grow up to 157 million with 81 million people having multiple conditions. Increasing technology advancements will also drive the market.
This medical imaging market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Medical Imaging Market Scope and Market Size :
Global medical imaging market is segmented of the basis of type, modality, procedure, technology, patient age, application, end users. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, global medical imaging market is segmented into services and product. The services sector dominates the medical imaging market due to the high volume of diagnostics procedures such as MRI and CT scan procedure and X-ray. As per one NCBI article, in the world, 70 million or more radiology tests are done annually. In addition, improving diagnosis rates and increasing prevalence will also increase the demand for medical imaging services during the forecast period with increasing numbers of chronic diseases and increased geriatrics.
On the basis of modality, global medical imaging market is segmented into stationary and portable. The stationery segment receives the largest share in the modality segment, due to the high adoption and the installation of fixed medical imaging equipment in the hospitals and imaging centers.
On the basis of procedure, global medical imaging market is segmented into computed tomography (CT) scan, X-ray imaging, magnetic resonance imaging (MRI), ultrasound, nuclear imaging (SPECT/PET) and others. The CT scan dominates in the procedure section because the CT scan procedure is relatively safer as compared to other procedures because patients in the CT scan procedure are not exposed to radiation, although this is a relatively low dose. CT scan produces high-quality, detailed images of the body. It is a more powerful and sophisticated X-ray that captures 360-degree images of vertebrae, spine, and internal organs. CT scan dominates the medical imaging market due to the above mentioned reasons.
On the basis of technology, global medical imaging market is segmented into direct digital radiology and computed radiology. The direct digital radiology segment acquires largest share in the technology segment, which instantaneously improves workflow by creating high-quality images while offering two to three times more efficiency than computed radiology. Direct digital radiology offer improved throughput than computed radiology as this system set in the imaging processing cycle in the acquisition task, and offers images within five seconds.
On the basis of patient age, global medical imaging market is segmented into adults and pediatric. The adults segment continues to dominate the market as large patient pool suffering from chronic diseases are adults. In addition, the increasing prevalence of cardiovascular disease in the adult population compared to pediatrics and the growing medical imaging process are also accelerating medical imaging demand over the forecast period
On the basis of application, global medical imaging market is segmented into cardiology, pelvic and abdominal, oncology, mammography, gynaecology, neurology, urology, musculoskeletal, dental and others. The cardiology segment is dominating the market as the prevalence rate of heart disease is very high in developed countries and cardiovascular disease is one of the leading causes of death. According to WHO, heart disease (CVD) is a major cause of death globally, with an estimated 17.9 million deaths each year. For this reason, the cardiology segment dominates the medical imaging market.
On the basis of end users, global medical imaging market is segmented into hospitals, diagnostic centers, imaging centers, specialty clinics, ambulatory surgical centers, academic & research institutes and others. The hospitals segment leads the market with a major share of the market as hospitals are offering radiology services to in-house patient for different diseases. Hospitals are the first point of contact for any type of diagnosis and treatment and most of the facilities and healthcare professionals are available in the hospitals. Due to this reason, hospitals segment will grow with the highest CAGR in the forecast period.
Customization Available: Global Medical Imaging Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
Medical Imaging Market : Report Chapters
Chapter 01 – Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Market Trends
Chapter 04 – Key Success Factors
Chapter 05 – Global Medical Imaging Market - Pricing Analysis
Chapter 06 – Global Medical Imaging Market Demand (in Value or Size in US$ Mn) Analysis and Forecast, 2019–2029
Chapter 07 – Market Background
Chapter 08 – Global Medical Imaging Market Analysis () & Opportunity Assessment , By Product Type
Chapter 09 – Global Medical Imaging Market Analysis & Opportunity Assessment , by Distribution Channel
Chapter 10 – Global Medical Imaging Market Analysis & Opportunity Assessment , by Region
Chapter 11 – North America Medical Imaging market Analysis & Opportunity Assessment
Chapter 12 – Latin America Medical Imaging Market Analysis & Opportunity Assessment
Chapter 13 –Europe Medical Imaging market Analysis & Opportunity Assessment
Chapter 14 – East Asia Medical Imaging market Analysis and Forecast
Chapter 15 – South Asia Medical Imaging market Analysis and Forecast
Chapter 16 – Oceania Medical Imaging market Analysis and Forecast
Chapter 17 – MEA Medical Imaging market Analysis & Opportunity Assessment
Chapter 18 – Market Structure Analysis
Chapter 19 – Competition Analysis
Chapter 20 – Assumptions and Acronyms Used
Chapter 21 – Research Methodology
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