Medical Imaging Market Overview
Market Segmentation
The Global Medical Imaging Market is segmented based on product type, application, end-user, and region. By product type, the market is segmented into magnetic resonance imaging (MRI), X-Ray imaging systems, ultrasound imaging systems, nuclear imaging systems, and computed tomography (CT) scanners. The MRI segment is sub-segmented into low to mid-field MRI systems, high and very high field MRI systems, and ultra-high field MRI systems. Other sub-segmentations of key segments are provided in the report.
By application, the market is segmented into product type, and then further segmented by applications for each product type. Key segments include MRI systems, CT scanners, nuclear imaging systems, X-ray imaging systems, and ultrasound imaging systems. ultrasound systems are further segmented into obstetrics, general imaging, cardiology, urology, vascular, and others. Further sub-segmentation can be found in the report.
By end-user, the market is segmented into hospitals & clinics, research & academic institutes, diagnostic imaging centers, and others.
Regional Segmentation
A geographical outlining of the global medical imaging market covers the Americas (North America & South America), Asia Pacific, Europe, and the Middle East & Africa (MEA).
The Americas is the biggest regional market as North America alone has the potential of becoming a powerful regional market. Due to the advanced medical facilities being available in the USA and the presence of key market players, North America is a larger regional market segment compared to South America. In North America, the market is strong due to the presence of high geriatric population, existing well-established healthcare system, the high adoption rate of new technologies, and technological advancements.
Europe is the second-largest regional market due to the government support towards R&D expenditure. Some of the key market players are based in Europe too. Due to the reasons the same as in The Americas, Western Europe is a bigger market compared to Eastern Europe. The major market share in this region is held by France, Germany, Italy, Spain, and the UK.
The Asia Pacific region is an important regional market due to the rising prevalence of Cardiovascular Disease (CVD). Governments in the Asian countries are endeavoring towards the modernization of healthcare, favoring the market growth. The important country-specific markets of note in this region are Australia, China, India, Japan, and South Korea.
In the MEA region, the market is lowest due to lack of technical knowledge, low development, and poor medical facilities. However, escalating healthcare expenditure in the Gulf countries may augment the market growth during the forecast period.
Competitive Landscape
Some of the notable players in the global medical digital imaging devices market are Koninklijke Philips N.V., GE Healthcare, Siemens Healthineers, Esaote SPA, Canon Medical Systems Corporation, Hologic, Hitachi, and Shimadzu.
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 26
TABLE 2 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS 29
TABLE 3 GLOBAL MEDICAL IMAGING MARKET, BY MODALITY, 2020−2027 (USD MILLION) 47
TABLE 4 GLOBAL MEDICAL IMAGING MARKET FOR X-RAY SYSTEMS, BY REGION, 2020−2027 (USD MILLION) 48
TABLE 5 GLOBAL MEDICAL IMAGING MARKET FOR MRI SYSTEMS, BY REGION, 2020−2027 (USD MILLION) 48
TABLE 6 GLOBAL MEDICAL IMAGING MARKET FOR ULTRASOUND SYSTEMS, BY REGION, 2020−2027 (USD MILLION) 49
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