Global Diagnostic Imaging Equipment Market accounted to USD 28billion in 2016 growing at a CAGR of 6.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Diagnostic imaging equipment is used for early detection of diseases with the usage of medical imaging. It is used to create a database of human physiology and anatomy to detect abnormalities through imaging of organs and tissues.
Major Market Drivers and Restraints:
- Increasing government investments
- Growth in the number of diagnostic imaging centers Government Initiatives to better healthcare
- Increased incidence of chronic diseases
- Increasing patient awareness
- High cost and side effects of the radiations
The global diagnostic imaging equipment market is segmented on the basis of
- Product Type
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By product type the diagnostic imaging equipment market is segmented
- X-ray imaging
- CT Scan
- Nuclear Imaging
The X-ray imaging segment is further segmented into digital and analog imaging. The nuclear imaging is further segmented into PECT and Hybrid PET.
On the basis of end-users the diagnostic imaging equipment market is segmented into
- Diagnostic Centers
- Research centers
On the basis of application the diagnostic imaging equipment market is segmented into
On the basis of geography, diagnostic imaging equipment market report covers data points for 28 countries across multiple geographies such as
- North America & South America
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
The diagnostic imaging equipment market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of diagnostic imaging equipment market for global, Europe, North America, Asia Pacific and South America.
Top Market Competitors:
Some of the major players operating in diagnostic imaging equipment market are:-
- GE Healthcare,
- Hitachi Medical Corporation,
- Hologic, Inc.,
- Philips Healthcare,
- Samsung Medison,
- Siemens Healthcare Shimadzu Corporation,
- Toshiba Medical Systems Corporation,
- Carestream Health,
- Esaote S.p.A, and
- Hologic, Inc., among others.
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