The companies are focusing on developing technologically advanced medical imaging equipment, in order to expand their product portfolio and strengthen their presence in the market, which is expected to drive growth of the global medical imaging equipment market over the forecast period. For instance, in May 2021, Siemens Healthineers presents Somatom X.ceed1, a new high-resolution, high-speed CT (computed tomography) scanner engineered specifically for the most challenging clinical areas where time and precision are of essence. CT scanner from Siemens Healthineers can assist healthcare providers with their clinical decisions especially well in areas like emergency imaging, cardiac CT, and CT-guided interventions, all of them growing clinical fields.
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Similarly, in September 2018, the Carl Zeiss Meditec AG introduced an innovative medical imaging system that is TIVATOTM 700 for spine surgery. TIVATO 700 expands the range of clinical applications for spine surgeons and gives the field of spine surgery access to cutting-edge technologies.
Global Medical Imaging Equipment Market – Impact of Coronavirus (Covid-19) Pandemic
Due to increasing prevalence of COVID-19, key players operating in the global medical imaging equipment market are focusing on obtaining approval for novel products to support and combat the effect of COVID-19. For instance, in September 2020, Fujifilm Sonosite, Inc., specialists in developing cutting-edge point-of-care ultrasound (POCUS) solutions, and part of the larger Fujifilm Healthcare portfolio, announced that the company received 510(k) clearance from the U.S. Food & Drug Administration (FDA) for the company’s entire POCUS portfolio to support healthcare providers in performing accurate lung and cardiac imaging in COVID-19 patients. POCUS emerged as a critical tool to support clinicians in their efforts to evaluate lung and cardiac complications of COVID-19.
Increasing product launches for medical imaging is expected to propel the market growth over the forecast period. For instance, in April 2022, Wipro GE Healthcare, a global medical technology and digital solutions innovator, today, announced the launch of its next-generation Revolution Aspire CT (Computed Tomography) scanner.
Similarly, in March 2021, Royal Philips, a global marketer in health technology, and DiA Imaging Analysis Ltd., a provider of AI-powered applications for ultrasound, announced a strategic partnership to deliver automated solutions to clinicians at the point-of-care.
Key Takeaways of the Global Medical Imaging Equipment Market:
- The global medical imaging equipment market is expected to exhibit a CAGR of 4.8% over the forecast period, owing to increasing agreements and acquisitions by market players. For instance, in January 2018, Siemens Healthineers entered into an agreement with Circle Cardiovascular Imaging, a provider of cardiac imaging solutions, for improving cardiac magnetic resonance imaging workflows and diagnostic tools.
- Among product, ultrasound segment held a dominant position in the global medical imaging equipment market in 2019, owing to increasing product launches by market players. For instance, on July 8, 2020, Hologic, Inc. announced the U.S. launch of SuperSonic MACH 40 cart-based ultrasound system, designed to enhance the efficiency and accuracy of ultrasounds.
- Among application, cardiology segment held a dominant position in the global medical imaging equipment market in 2019, owing to increasing prevalence of cardiovascular diseases. According to the Centers for Disease Control and Prevention, about 659,000 people in the United States die from heart disease each year—that’s 1 in every 4 deaths
- Key players operating in the global medical imaging equipment market include Siemens Healthineers, General Electric Company, Koninklijke Philips NV, Fujifilm Holdings Corporation, Shimadzu Corporation, Hologic, Inc., Samsung Medison Co., Ltd., Carestream Health, and Canon Inc.
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The Study Objectives are:
✔ A comprehensive insight into key players operating in the Medical Imaging Equipment Market and their corresponding data.
✔ It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
✔ Regional analysis, which includes insight into the dominant market and corresponding market share.
✔ It also includes various socio-economic factors affecting the evolution of the market in the region.
✔ The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Medical Imaging Equipment Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Medical Imaging Equipment Industry Impact
Chapter 2 Global Medical Imaging Equipment Competition by Types, Applications, and Top Regions and Countries
2.1 Global Medical Imaging Equipment (Volume and Value) by Type
2.3 Global Medical Imaging Equipment (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Medical Imaging Equipment Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Medical Imaging Equipment Market Analysis
Chapter 6 East Asia Medical Imaging Equipment Market Analysis
Chapter 7 Europe Medical Imaging Equipment Market Analysis
Chapter 8 South Asia Medical Imaging Equipment Market Analysis
Chapter 9 Southeast Asia Medical Imaging Equipment Market Analysis
Chapter 10 Middle East Medical Imaging Equipment Market Analysis
Chapter 11 Africa Medical Imaging Equipment Market Analysis
Chapter 12 Oceania Medical Imaging Equipment Market Analysis
Chapter 13 South America Medical Imaging Equipment Market Analysis
Chapter 14 Company Profiles and Key Figures in Medical Imaging Equipment Business
Chapter 15 Global Medical Imaging Equipment Market Forecast (2022-2028)
Chapter 16 Conclusions
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