Medical Imaging Market Witnesses US$ 33,002.52 million by 2028 Enormous Growth Opportunities - COVID-19 Impact and Global Analysis by The Insight Partners

The Medical Imaging Market was valued at US$ 23,901.88 million in 2020 and it is projected to reach US$ 33,002.52 million by 2028; it is expected to grow at a CAGR of 4.3% during 2021–2028.

Medical imaging refers to techniques and processes used to create images of various parts of the human body for diagnosis and treatment purposes within digital health. The term, medical imaging, includes various radiological imaging techniques such as X-ray radiography, fluoroscopy, magnetic resonance imaging (MRI), medical ultrasonography or ultrasound, endoscopy, elastography, tactile imaging, thermography, medical photography and nuclear medicine functional imaging techniques—e.g. positron emission tomography (PET). Medical imaging is crucial in every medical setting and at all levels of healthcare. The use of medical imaging helps physicians arrive at more accurate diagnoses and appropriate treatment decisions. Without medical imaging, both diagnosis and treatment in digital health can be very difficult to achieve with any level of accuracy. The factors such as the increasing demand for early disease diagnosis and widening scope of clinical applications, rapidly growing geriatric population and the subsequent increase in the prevalence of associated diseases, technological advancements in diagnostic imaging industry drive the growth of the medical imaging market

The research report presents a comprehensive outlook on the Global Medical Imaging Market contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications. The Medical Imaging Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving revenue growth and profitability.

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Medical Imaging Market Key Players:
• General Electric Company
• Siemens AG
• Koninklijke Philips N.V.
• SHIMADZU CORPORATION
• Hitachi, Ltd.
• Canon Inc.
• Hologic, Inc.
• Carestream Health Inc.
• ESAOTE SPA
• Samsung Group

A detailed evaluation of the major events such as acquisition and mergers, collaborations, product launches, new entrants, and technology advancements offer a complete overview of what the future of the Medical Imaging Market will be like in the years to come.

Medical Imaging Market – by Product
• CT Systems
• X-ray Systems
• PET Systems
• MRI Systems
• Ultrasound Systems
• Others

Medical Imaging Market – by End User
• Urgent Care Centres
• OP Centres
• Clinicians’ Offices
• Emergency Care Centres

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Biotechnology, medical devices, pharma Industry, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Medical Imaging market globally. This report on ‘Medical Imaging market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

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Then it analyzed the world’s main region Medical Imaging market conditions, including the product price, profit, capacity, production, supply, demand and Medical Imaging industry growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis. Geographically, the market is deliberate across North America, Europe, Asia-Pacific, and LAMEA. APAC is expected to grow at the highest CAGR in the prediction period. North America led the Medical Imaging market. Rise in awareness amongst healthcare groups and increase in end-user outlay on boosted cyber security solutions and services and owing to rise in number of cyber-attacks, are expected to fuel to the market growth in this region.

In This Study, The Years Considered To Estimate The Size Of Market Are As Follows:
History Year: 2015-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year 2021 to 2028

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This release was published on openPR.