The global medical imaging equipment market is likely to grow in the coming years, favored by technological advancements in x-ray imaging and diagnosis. According to a report published by Fortune Business Insights, titled “Medical Imaging Equipment: Global Market Analysis, Insights and Forecasts, 2018-2025,” the market is likely to reach US$ 44,077.7 Mn by 2025. The market was valued at US$ 30,814.2 Mn in 2017, and the value will increment at a CAGR of 4.6% during the forecast period.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• GENERAL ELECTRIC COMPANY
• Hitachi, Ltd.
• Shimadzu Corporation
• Siemens Healthcare GmbH
• Koninklijke Philips N.V.
• Supersonic Imagine
• Hologic, Inc.
• Fujifilm Holdings Corporation
“Novel Imaging Techniques including 3D and Colour Imaging to Boost the Global Market”
Recent advancements in 3D imaging have given impetus to the global medical imaging equipment market. Increasing investment in improving pixel resolutions and other factors related to ensuring improved image quality have a direct impact on the global medical imaging equipment market.
Furthermore, the advances made in molecular imaging have led to exceptional discoveries and contributed to development of next-in-class devices. The high quality images produced by the latest medical imaging devices have allowed healthcare professionals to explore potentials within the molecular cell biology. The aforementioned factors have accounted for the growth of the global medical imaging equipment market.
By End User
• Specialty Clinics
• Diagnostic Imaging Centers
• North America (USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
“South Korean Government announces US$ 1 Bn for Development of Medical Devices”
In May 2019, the South Korean government announced that it plans to invest around 1 trillion Won, which is US$ 1Bn in the research and development of high caliber medical devices. The Ministry of Science and ICT (MSIT) announced that after the preliminary study on research and development was concluded last month, it now aims to develop world class devices within the next 6 years.
The MSIT made its intentions clear by announcing a huge sum that no compromises will be made in healthcare devices including imaging, scanning, diagnosis, treatment, and other devices. With a huge investment, the government aims at tackling issues such as treating physically disabled people, improving quality of rehabilitation for those in need, and providing high quality devices for early detection of fatal diseases such as cancer. This initiative is likely to have a positive impact on the global medical imaging equipment market and shall bode well for its growth in the coming years.
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Table of Contents for Medical Imaging Equipment Market:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Epidemiology Overview: Key Diseases, 2018
4.2 Overview: Mergers, Acquisitions & Partnerships
4.3 Pricing Analysis, Key Players
4.4 Installed Base Scenario, Key Brands/ Players
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