Press release
Diagnostic Imaging Market: Pioneering Advances in Medical Diagnostics Lucrative Growth USD 41.6 billion By 2031 | Most Leading Companies - GE Healthcare, Siemens Healthcare, Carestream Health Inc., Hitachi Medical Corporation, Canon Toshiba Medical System
The Global Diagnostic Imaging Market reached USD 27.4 billion in 2022 and is expected to reach USD 41.6 billion by 2031, exhibiting a CAGR of 5.5% during the forecast period (2024-2031).Diagnostic Imaging Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Diagnostic imaging refers to medical techniques used to create visual representations of the interior of a body for clinical analysis. These images help diagnose, monitor, and treat diseases or conditions. Common diagnostic imaging methods include X-rays, MRIs, CT scans, ultrasound, and nuclear medicine.
List of the Key Players in the Diagnostic Imaging Market:
GE Healthcare, Siemens Healthcare, Carestream Health Inc., Hitachi Medical Corporation, Canon Toshiba Medical Systems Corporation, Hologic Corporation, Philips Healthcare, Fujifilm Holdings Corporation, and Shimadzu Corporation, among others.
Industry Development:
In March 2023, Siemens Healthineers completed the acquisition of Varian Medical Systems, a leading provider of medical imaging systems, for $16.4 billion. This acquisition aims to bolster Siemens Healthineers' position in the medical imaging market, as Varian is a top supplier of imaging solutions.
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Growth Forecast Projected:
The Global Diagnostic Imaging Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Diagnostic Imaging Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Diagnostic Imaging Market:
By Type: X-Ray, (By Portability (Mobile, Stationary
By Technology: Analog Imaging, Digital Imaging)), MRI
By Structure: Closed MRI, Open MRI
By Resolution: Low- Field MRI Scanners, High-Field MRI Scanners, Mid-Field MRI Scanners), Nuclear Medicine (Scintigraphy, PET Imaging, SPECT Imaging), Ultrasound (2D Ultrasound, 3D/4D Ultrasound, Doppler Imaging), Tomography (High End Slice CT Scanners, Mid End Slice CT Scanners, Low End Slice CT Scanners), Tactile Imaging, Functional near Infrared Spectroscopy
By Application: Orthopedic, Neurology, Oncology, Cardiology
Regional Analysis for Diagnostic Imaging Market:
The regional analysis of the Diagnostic Imaging Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Diagnostic Imaging market?
➠ Who are the leading manufacturers in the global Diagnostic Imaging industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Diagnostic Imaging industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Diagnostic Imaging market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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