Medical/Diagnostic Imaging Market Growth, Trends, Analysis and Forecast

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World Medical/Diagnostic Imaging Market - Opportunities and Forecasts, 2015 – 2022

Summary World Medical/Diagnostic Imaging Market is Expected to Reach $45.0 Billion by 2022 - Allied Market Research A new report published by Allied Market Research titled, "Medical/Diagnostic Imaging Market"projects that the world medical imaging market would reach $45.0 billion by 2022, registering a CAGR of 5.1% from 2015 to 2022. X-ray imaging systems is expected to continue to be the highest revenue-generating segment throughout the forecast period. North America accounted for around one-third of the market share in 2015, and is expected to dominate the overall market during the study period.

The major factors boosting the market growth include technological advancements, rising incidence of chronic diseases, and increasing geriatric population worldwide. In addition, increase in number of medical imaging procedures, and rising awareness for early diagnosis of clinical disorders are anticipated to further drive the demand for healthcare services in the world medical imaging market. However, scarcity of helium, high cost of imaging technologies, and unfavorable reimbursement scenario in the emerging economies are some of the factors restricting the market growth.

Browse full report with TOC@ https://marketreportscenter.com/reports/319310/worldmedicaldiagnostic-imaging-market-opportunities-and-forecasts-2015-2022 The cardiovascular and thoracic disease application segment is projected to maintain its lead throughout the analysis period owing to increase in the number of medical imaging services and technological advancements. In addition, technological innovations in the imaging industry have facilitated the development of cost-effective and smaller point-of-care ultrasound systems for cardiac evaluation.

Market Reports Center One Stop Market Reaserch Shop Mammography systems has emerged as the fastest growing segment, registering a CAGR of 8.3%, in terms of revenue, during the forecast period. Innovation and digitalization of mammography devices are the major factors contributing to this segments growth.

Geographically, the Asia-Pacific region accounted for the majority of the share in the medical/diagnostic imaging market in 2015, and is expected to maintain this lead throughout the forecast period. This is mainly attributed to the improving healthcare infrastructure and healthcare expenditures in the emerging markets (such as India and China) to overcome the unmet medical needs in these countries.

However, LAMEA is projected to be the fastest growing region throughout the analysis period.

Increasing incidence of chronic disorders (such as heart disease, cancer, and diabetes) and rapidly growing geriatric population drive the LAMEA medical/diagnostic imaging market.

Key findings of the study: In 2015, X-ray imaging systems was the highest revenue-generating segment, accounting more than one-fourth of the overall market revenue, and is projected to grow at a CAGR of 3.7% during the forecast period.

The mammography systems segment is expected to grow at a remarkable CAGR of 8.3%, owing to the innovation and digitalization of mammography devices.

Asia-Pacific accounted for about one-third share of the world medical imaging market in 2015.

The cardiovascular and thoracic application segment is projected to maintain its lead in the market until 2022.

China and Japan are the major shareholders in the Asia-Pacific region, jointly accounting for more than 50% share of the Asia-Pacific medical imaging market.

The key players profiled in this report include GE Healthcare, Philips Healthcare, Hitachi Medical Corporation, Hologic, Inc., Siemens Healthcare, Samsung Medison, Shimadzu Corporation, Toshiba Medical Systems Corporation, Esaote S.P.A, and Fujifilm Corporation.

Medical/Diagnostic Imaging refers to the use of different imaging modalities to get visual representations of the interior of a body for diagnostic and therapeutic purposes. The medical imaging includes different types of modalities that are used to image the human body for diagnosis and treatment of a variety of diseases, and hence plays a vital role in improving health. The medical imaging industry has been revolutionized from bed-side monitoring towards high-end digital scanning.

The world medical/diagnostic imaging market is expected to reach $45 billion by 2022, growing at a CAGR of 5.1% during the forecast period. Technological advancements in diagnostic imaging devices, rising incidences of chronic diseases coupled with the rapidly aging population, increase in number of medical imaging procedures, and rising awareness for early diagnosis of clinical disorders are the key factors that are expected to boost the market growth. Furthermore, untapped medical imaging market

Market Reports Center One Stop Market Reaserch Shop in Asia-Pacific and LAMEA region is also expected to accelerate the overall market growth during the forecast period. Shortage of helium, high cost of imaging modalities and unfavourable reimbursement scenario in emerging countries may limit market growth, but the increasing healthcare spending in emerging markets will continue to boost demand for diagnostic imaging devices.

Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/319310 The market is expected to gain traction in the developing regions of Asia-Pacific and other LAMEA nations. The reasons for the unparalleled market growth are large undiagnosed patient population, rapid urbanization, increase in disposable income, improved government funding towards chronic disorders, and growing awareness about early diagnosis of diseases. However, adoption of these highcost medical imaging systems in countries namely, India and China would continue to remain a key challenge for the leading innovators.

This report segments the medical imaging market on the basis of product type, application, and geography to provide a detailed assessment of the market. Based on product type, the market is segmented into computed tomography (CT) scanners, X-ray imaging systems, magnetic resonance imaging (MRI) systems, ultrasound imaging systems, nuclear imaging systems, and mammography systems. The X-ray imaging systems segment spearheads the product types market governing over one fourth of the world medical/diadnostic imaging market in 2015 and would continue to maintain its market position during the forecast period (2016-2022). The nuclear imaging systems market is projected as the fastest growing segment throughout the forecast period. Based on applications, the market is segmented into obstetrics/gynecology (OB/GYN) health, orthopedics and musculoskeletal, neuro and spine, cardiovascular and thoracic, general imaging, breast health, and others. The report covers a geographic breakdown and a detailed analysis of medical imaging market across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific and LAMEA markets are expected to register the highest CAGR during the forecast period.

The strategic developments by these key players in recent years are set to further strengthen the market. A comprehensive competitive analysis and profiles of major market players such as GE Healthcare, Philips Healthcare, Hitachi Medical Corporation, Hologic, Inc., Siemens Healthcare, Samsung Medison, Shimadzu Corporation, Toshiba Medical Systems Corporation, Esaote S.P.A, and Fujifilm Corporation have been provided in the report.

KEY BENEFITS: This report provides an extensive analysis of the current and emerging market trends and dynamics in the world medical imaging market.

The medical imaging market scenario is comprehensively analyzed in accordance to the key regions.

The market estimations are made in the report by conducting high-end analysis of the key market segments from 2015 to 2022.

Extensive research is done for the market by product type which instils a clear understanding regarding

Market Reports Center One Stop Market Reaserch Shop the currently used medical imaging modalities and evolving role of imaging technologies.

A detailed SWOT analysis enables to study the internal environment of the leading companies for strategy formulation.

Competitive intelligence highlights the business practices followed by leading market players across geographies.

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