Diagnostic Imaging Market - Current Impact to Make Big Changes by 2028

According to our latest study on "Diagnostic Imaging Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Modality, Application, and End User," the market is expected to grow from US$ 38,034.56 million in 2022 to US$ 53,410.59 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2022 to 2028. The report highlights the major factors driving the market and prominent players with their developments.

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The market growth is primarily driven by the rising prevalence of chronic diseases and technological advancements in diagnostic imaging equipment. However, the shortage of skilled professionals and high costs of diagnostic imaging equipment hinder the growth of the market.

Competitive Landscape: Diagnostic Imaging Market: General Electric Company; Siemens Healthneers; Koninklijke Philips N.V.; KARL STORZ LTD.; FUJIFILM Holdings Corporation; CANON; HOLOGIC, Inc.; Carestream Health, Inc.; Stryker Corporation; and Olympus Corporation are among the leading companies operating in the global diagnostic imaging market.

The major factor driving the diagnostic imaging market for the X-ray segment is an increase in the demand for early-stage diagnosis of chronic diseases. Over the last few years, medical imaging has evolved drastically owing to digital radiology solutions. Diagnostic accuracy is at the healthcare industry's core, and digital X-ray imaging plays a significant role in improving diagnostic accuracy. In addition, the integration of AI in these systems has contributed to the market growth.

To comprehend global Diagnostic Imaging market dynamics in the world mainly, the worldwide market is analyzed across major global regions: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa)

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