New Zealand Medical Imaging Services Market Exploring Growth and Opportunities in the Industrial Automation Market 2033

Medical imaging consists of different types of diagnostic devices, which are used to create visual representations of the interior body for the identification of various ailments. It also reveals the internal structures, which are hidden by skin and bones to identify abnormalities in a human body. It plays an important role in modern medicine and the modalities include X-ray, magnetic resonance imaging, computed tomography, ultrasound, and others. These find applications in various clinical fields for instance, in breast health, gynecology, neuro & spinal imaging, cardiovascular & thoracic imaging, and others. Medical imaging services are offered by clinics, hospitals, and other healthcare facilities and the expenses are borne by either the patients or the government or private payers.

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The major factors that drive the market growth are the increase in chronic diseases coupled with the rise in technological advancements in medical imaging modalities. For instance, the introduction of fractional flow reserve-computed tomography (FFR-CT) from HeartFlow Inc. In 2024, revolutionized the healthcare industry as this device offers invasive catheter-based fractional flow reserve (FFR) measurements used in cardiac catheterization. Moreover, the increase in demand for combined use of medical imaging modalities is expected to create lucrative opportunities for key market players. For instance, the combined use of PET/CT scans for definitive diagnosis of cancer is on a constant rise in New Zealand.

In addition, surge in need for early diagnosis of various medical conditions such as breast cancer boosts the growth of the New Zealand medical imaging services market. However, high cost of sophisticated medical imaging modalities coupled with the shortage of helium will restrict the growth of the New Zealand medical imaging services market.

New Zealand Medical Imaging Services Market Segmentation

Based on modality, the New Zealand medical imaging services market is segmented into computed tomography (CT) scan, X-ray imaging, magnetic resonance imaging (MRI), ultrasound, nuclear imaging and mammography. Based on application, the market is divided into cardiovascular & thoracic, gynecology/obstetrics, neuro & spine, general imaging, breast health orthopedics & musculoskeletal, and others. By provider, it is categorized into public provider and private provider. According to payer, the market is classified into district health board, accident compensation commission, private health insurance, patients, and others. Based on city, the market is analyzed across Auckland, Wellington, Christchurch, Hamilton, Tauranga, and rest of New Zealand.

Segment review

According to modality, the ultrasound segment in terms of value segment accounted for the highest share in 2024 growing at a CAGR of 7.5% during the forecast period. The factors contributing toward the growth of this segment include the easy availability of the service at various hospitals. Computed tomography in terms of value is the fastest growing segment with a CAGR of 7.9% during the forecast period, owing to technological advancements such as scan organs and joints in a single rotation.

The cardiovascular and thoracic segment occupied the largest New Zealand medical imaging services market share in 2024 registering a CAGR of 7.3% during the forecast period. The growth was attributed to surge in prevalence of medical conditions related to heart such as heart stroke and others. Moreover, breast health was the fastest growing segment registering a CAGR of 8.6% from 2024-2033, owing to the rise in prevalence of breast cancer. In addition, increase in awareness related to need of early screening of in breast cancer majorly fuels the growth of the New Zealand medical imaging services market growth.

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Key Benefits for New Zealand Medical Imaging Services Market:

This report entails a detailed quantitative analysis along with current New Zealand medical imaging services market trends of from 2024 to 2033 to identify the prevailing opportunities along with strategic assessment.

The New Zealand medical imaging services market forecast is studied from 2024 to 2033.

New Zealand medical imaging services market size and estimations are based on a comprehensive analysis of key developments in the New Zealand medical imaging services industry.

A qualitative analysis based on innovative products facilitates strategic business planning.

The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.

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