Medical Imaging Market Size, Share, Growth, Trends, Industry Analysis and Leaders Report
by Susan Hill Business ConsultantThe global medical
imaging market is expected to reach USD 55.7 billion by 2025, according to a new
report by Grand View Research, Inc. Augmenting investment by government and
federal organizations for portable diagnostic devices, and increasing
prevalence of numerous chronic as well as sedentary lifestyle diseases is
expected to vitally impact the industry growth.
Funds and initiatives by government and private
players is expected to benefit the market. For instance, based on the
information provided by the Hindustan Times in 2016, the Indian Government has
setup an agency for encouraging domestic manufacturers and regulated prices of
the medical devices.
Along with rise in investments and funds in
developing region, there is also a significant rise in fundings in the European
countries such as the UK where USD 21.0 million was provided by the government
in August 2015 for better development of new therapy, diagnostics and medical
technologies. Such efforts across various countries worldwide, together, are
anticipated to positively drive the market over the forecast period.
The Diagnostic imaging market is highly consolidated
and is anticipated to witness various new product launches over the forecast
period, which will vitally impact the revenue generation for the industry. For
instance, the adoption of high slice technology in CT scanners is expected to
drive revenue for the industry globally. As of 2016, high slice system includes
80, 128, 256, 320 and 640 slice system which are offered only by top vendors
such as Toshiba, Siemens Healthineers, Philips and GE healthcare.
Request a Sample Copy of the Global Medical Imaging Market Research
Report @
www.grandviewresearch.com/industry-analysis/medical-imaging-systems-market/request/rs1
Further
Key Findings from the Report Suggest:
- Based on product type, there are five segments, X-ray, computed
tomography, ultrasound, MRI equipment, and nuclear imaging. The x-ray
segment was identified as the largest and is expected to grow at a CAGR of
over 3.0% during the forecast period.
- North America is one of the most lucrative region for medical
imaging market owing to better infrastructure facilities as compared to
emerging regions and high end purchasing power along coupled with
reimbursement framework in the region. U.S is the dominating region owing
to its large population base having insurance coverage, advancement in
technology, aging population coupled with prevalence of chronic disease.
- Key performing companies include Philips Healthcare, GE Healthcare,
Siemen Healthineers, and Toshiba Medical Systems. Other players include,
Shimadzu Corporation, Varian Medical Systems, Aribex Corporation, and
Ziehm Imaging, Inc.
Access
full research report on global medical imaging market:
www.grandviewresearch.com/industry-analysis/medical-imaging-systems-market
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Created on Jan 3rd 2020 07:39. Viewed 402 times.