Press release
Global Medical Imaging Market 2023 Competitive Landscape, Future Outlook, Latest Trends And Forecast To 2032 | Major Players Are Siemens Healthcare GmbH, Canon Medical Systems Corporation, Samsung Medison Co Ltd., Koninklijke Philips N V, Carestream Healt
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Medical Imaging 2023 Global Market Report 2023 identifies increasing prevalence of chronic illnesses as the major driver for the Medical Imaging Market's growth in the forecast period. Chronic illness is a medical condition or illness that often lasts for three months or more and has the potential to get worse over time. Older people are more likely to have chronic illnesses, which can often be managed but not cured. The increasing number of chronic illnesses boosts the medical imaging market as they are used in the diagnosis and detection of chronic ailments.
The global medical imaging market size is expected to grow from $37.78 billion in 2022 to $40.35 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global medical imaging market size is expected to reach $51.07 billion in 2027 at a CAGR of 6.1%.
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Major competitors in the medical imaging market are Siemens Healthcare GmbH, Canon Medical Systems Corporation, Samsung Medison Co Ltd., Koninklijke Philips N V, Carestream Health, Fujifilm Holdings Corporation, Esaote SpA, GE Healthcare, Hologic Inc., Koning Health, PerkinElmer Inc., Cubresa Inc., Hitachi Ltd., Medtronic PLC, and Analogic Corporation.
A key trend in the Medical Imaging Market includes technological advancement. Major companies operating in the medical imaging market are focused on developing innovative technologies to strengthen their position in the market. For instance, in November 2021, Koninklijke Philips N.V., a Netherlands-based manufacturer of medical imaging tools, electronics and electronic components, lighting, and computer equipment, launched its new AI (artificial intelligence)-enhanced MR product line, Philips SmartSpeed, MR 5300, and MR 7700 smart connected systems. Philips SmartSpeed is intended to accelerate the collection of images and enhance image quality and detection assurance for every patient, as well as the firm's new MR Workspace with AI assistance, which provides a simple option that streamlines the procedure from image collection to diagnosis, thereby improving MR operations and staff expertise.
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The Medical Imaging Market is segmented -
By Product: X-Ray Devices, Magnetic Resonance Imaging (MRI), Ultrasound, Computed Tomography, Nuclear Imaging, Mammography
By Application: Obstetrics And Gynecology Health, Orthopedics And Musculoskeletal, Neuro And Spine, Cardiovascular And Thoracic, General Imaging, Oncology, Urology, Breast Health, Other Applications
By End User: Hospitals, Specialty Clinics, Diagnostic Imaging Centers, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Medical Imaging Market.
The Business Research Company's "Global Medical Imaging Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Medical Imaging Market Include:
1. Executive Summary
2. Medical Imaging Market Characteristics
3. Medical Imaging Market Trends And Strategies
4. Medical Imaging Market - Macro Economic Scenario
5. Medical Imaging Market Size And Growth
……
26. Africa Medical Imaging Market
27. Medical Imaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Medical Imaging Market
29. Medical Imaging Market Future Outlook and Potential Analysis
30. Appendix
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