Press release
Asia Pacific Diagnostic Imaging Market to reach USD 8.99 Bn by 2027, emerging at a CAGR of 5.98 percent and forecast 2023-2027
Asia Pacific Diagnostic Imaging Market, Asia Pacific Diagnostic Imaging Market Scope,
The report offers a comprehensive overview of the diagnostic imaging landscape, encompassing the diverse technologies employed for medical diagnosis, monitoring, and treatment. These technologies provide unique insights into different areas of the human body, aiding in the identification of diseases, injuries, and treatment effectiveness. The analysis covers high-energy modalities such as magnetic resonance, tomography, X-rays, and ultrasound, enabling the visualization of various body tissues.
The surge in demand for diagnostic imaging solutions over the past decade has led to increased medical costs and exposure to ionizing radiation. Factors such as technological availability, favorable reimbursement policies, and growing demand from both patients and healthcare practitioners have contributed to this demand. However, challenges persist, notably the concern over radiation exposure from technologies like CT scans. While CT technology has revolutionized medical diagnostics, radiation exposure remains a hurdle to its widespread use due to its association with increased cancer risk.The report identifies key trends shaping the diagnostic imaging market, including hybrid imaging technology, low-dose ionizing radiation systems, contrast agents, and cryogen-free preclinical MRI scanners. These trends are expected to unlock new growth opportunities for the market.
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What are Asia Pacific Diagnostic Imaging Market Dynamics:
Although CT is normally considered as one of the most important technological advancements in medicine, yet the substantial radiation exposure remains a challenge for its wide-spread applications. Radiation is of concern as extensive epidemiologic evidence has been linked to the subsequent development of cancer, thus forming a major restraint for the market growth. certain key trends being observed include hybrid imaging technology, imaging systems with lowered doses of ionizing radiation, contrast agents in diagnostic imaging, and cryogen-free preclinical MRI scanners. Furthermore, the development of cryogen-free preclinical MRI scanners along with automated CT scanners are high in demand and will likely provide new opportunities for the market growth of diagnostic imaging market.
The Asia Pacific is one of the major markets for diagnostic imaging globally where China, Japan, and India among others are some of the major regions contributing to the overall growth. The Asia Pacific region have substantiated itself globally in the area of healthcare through medical research activities. Advancements being made in the healthcare infrastructure have made way for timely diagnosis and making scanners available across all the regions. There has been an added support from the government through medical grants and policies that have together resulted in the growth of the diagnostic imaging market in Asia Pacific region.
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Asia Pacific Diagnostic Imaging Market Regional Insights:
The Asia Pacific region, including major economies like China, Japan, and India, plays a pivotal role in the global diagnostic imaging market. These countries have significantly contributed to the sector's growth. Advances in healthcare infrastructure have facilitated timely diagnoses and the widespread availability of scanning technologies. Government support through medical grants and policies has further driven growth in the Asia Pacific diagnostic imaging market.
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What is Asia Pacific Diagnostic Imaging Market Segmentation:
Asia Pacific Diagnostic Imaging Market, by Application:
• OB/GYN
• MSK
• Cardiology
• Oncology
Asia Pacific Diagnostic Imaging Market, by Products:
• X-ray Imaging
• Digital
• Analog
• MRI
• Closed
• Open
• Ultrasound
• CT
• Nuclear Imaging
• SPECT
• Hybrid PET
Asia Pacific Diagnostic Imaging Market, by End-User:
• Hospitals
• Imaging centres
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Who are Asia Pacific Diagnostic Imaging Market Key Players:
Fujifilm Holdings
Shimadzu Corporation
Carestream Health
Toshiba Medical Systems Corporation
Hitachi Medical Corporation
Safwan
SCETI K.K.
Yasu Medical Imaging Technology Co., Ltd
GE Healthcare
Philips Healthcare
Siemens Healthcare
Medtech
TEAC
Ambra Health
Bracco Imaging S.p.A.
Voyager Imaging
Integral Diagnostics
Alpenglow Australia
Barwon Medical Imaging
Medirays Corporation
Table of content for the Asia Pacific Diagnostic Imaging Market includes:
1. Global Asia Pacific Diagnostic Imaging Market: Research Methodology
2. Global Asia Pacific Diagnostic Imaging Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Asia Pacific Diagnostic Imaging Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2027)
• Past Pricing and price curve by region (2022 to 2027)
• Market Size, Share, Size and Forecast by different segment | (2022 to 2027)
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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