Global Medical Imaging Systems Market Growth Factors, Applications, Regional Analysis, Key Players and Forecast by 2029

The market is anticipated to expand due to factors like the increasing prevalence of lifestyle-related diseases, the rising demand for early detection tools, technological developments to speed up turnaround times, increased government investment & reimbursement initiatives, and the expansion of new facilities by market players in developing nations.

The demand for point-of-care imaging systems and the surge in enhanced optical image demand for more accurate illness and disorder detection are the main reasons driving the expansion of the worldwide medical imaging market share. Additionally, the rise in chronic disease prevalence and technological developments in medical imaging are anticipated to drive the market's expansion. For instance, the Global Cancer Observatory, an interactive digital platform, stated in 2020 that lung cancer, with an expected 477,534 newly diagnosed patients, is the second most common cancer in Europe.

The expansion of the medical/diagnostic imaging market is primarily driven by the rise in the prevalence of heart disease. To increase diagnosis accuracy and improve patient care, imaging systems such radionuclide imaging, ultrasound, optical imaging, and CT scan are employed in the diagnosis of cardiac diseases. For instance, the World Health Organization (WHO) reports that the top cause of death worldwide in June 2021 was found to be cardiovascular diseases (CVDs). The growth of hospitals and diagnostic facilities, as well as government and private organisation initiatives to enhance the medical sector, also influence market trends for medical imaging.

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Market Based on product type, application, and geographic region, the medical imaging market is divided into sub-segments. The market can be broadly divided into MRI systems, ultrasound imaging systems, X-ray imaging systems, CT scanners, nuclear imaging systems, and mammography systems based on the type of product that is sold. MRI architecture and MRI field strength are additional categories for MRI systems. The two types of MRI architecture are closed MRI systems and open MRI systems. Low to midfield systems, high field systems, very high field systems, and field systems are the different levels of MRI field strength.

Top key players of The Global Medical Imaging Systems Market:
• GE Healthcare
• Siemens Healthcare
• Canon Medical Systems
• Hitachi
• Carestream Health
• Esaote
• Hologic
• Fujifilm
• Samsung Medison
• Shimadzu Corporation

Market: By Types
• Computed Tomography (CT) Scanners
• X-Ray Imaging Systems
• Magnetic Resonance Imaging (MRI) Systems
• Ultrasound Imaging Systems
• Nuclear Imaging Systems
• Mammography Systems

Market: By Applications
• Obstetrics/Gynecology (OB/GYN) Health
• Orthopedics and Musculoskeletal
• Neuro and Spine
• Cardiovascular and Thoracic
• General Imaging
• Breast Health

Global Medical Imaging Systems Market: Regional Analysis
The countries covered in the regional analysis of the Global Medical Imaging Systems market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Medical Imaging Systems market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Medical Imaging Systems would help in identifying future applications in this market.

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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

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