Jan 14, 2020 5:48 PM ET
Medical Imaging Market Key Players In Global Region With Market Share in Health Care Equipment & Services,Health Care Equipment & Supplies,Health Care Equipment sector Projection To 2023
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Jan 14, 2020
Medical Imaging Market 2020 report focus on Global and regional Market, providing information on major players like Manufacturers, Suppliers, Distributors, Traders, Customers, investors, etc. It helps in visualizing the composition of the Medical Imaging market across each indication by highlighting the key commercial assets and players. Medical Imaging Market Report Pinpoint Data type include capacity, production, Market share, price, revenue, cost, gross, Gross margin, Growth rate, consumption, import, export and etc. The report provides Strategists for Marketers and Senior management with the critical information they need to assess the global Health Care Equipment andamp; Supplies, Health Care Equipment sector. Industry researcher project Medical Imaging market was valued at USD XX.XX Billion and CAGR of 4.73% during the period 2020-2023.
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“The latest trend gaining momentum in the market is the integration of AI with medical imaging.”
According to the report, one of the major drivers for this market is the technological advances and upgrades in medical imaging modalities
Further, the report states that one of the major factors hindering the growth of this market is the high cost associated with medical imaging.
Global Medical Imaging Market: About this market
Medical imaging market analysis considers sales from X-ray imaging, ultrasound imaging, MRI, CT scanner imaging, and SPECT/PET imaging products. Our analysis report also considers the sales of medical imaging in Asia, Europe, North America, and ROW. In 2018, the X-ray imaging segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as technological advances and the increased adoption of portable and mobile X-ray systems will play a significant role in the X-ray imaging segment to maintain its market position. Also, our global medical imaging market report looks at factors such as the increasing prevalence of chronic conditions, increasing number of products launches by prominent vendors and technological advancements and upgrades in medical imaging modalities. However, the high cost associated with medical imaging, product recalls, and stringent regulations associated with related to medical imaging equipment may hamper the growth of the medical imaging industry over the forecast period.
Medical Imaging Market 2020 Trend, Challengeand Driver: –
Global Medical Imaging Market: Overview
- Technological advances and upgrades in medical imaging modalities
- There has been an increase in the technological advances in medical imaging, aiming at improving the image quality, reducing the overall cost of diagnostic procedures, and providing accurate diagnoses with better patient care. Several vendors are conducting extensive research and development activities to produce advanced medical imaging solutions. Such advances include the development of portable and handheld equipment, 5D ultrasound equipment, innovations in digital X-rays with wireless DR detectors, and hybrid imaging equipment. Innovations Changes in medical imaging have led to the development of hybrid imaging modalities. The introduction of PET/CT was one of the most significant technological developments in hybrid imaging systems. This will lead to the expansion of the global medical imaging market at a CAGR of about 5% during the forecast period.
- Integration of AI with medical imaging
- The integration of Al with medical imaging enables users to automate and standardize complex diagnostic procedures, improve patient experience and outcomes, and reduces the cost of care. It also enhances the features of medical imaging equipment, which drives the growth of the global medical imaging market. Medical imaging produces a large volume of data from the results of X-rays, CT scans. MRIs. and other testing modalities. Al techniques, such as object detection and image segmentation, enable radiologists and technicians to identify and compare relevant patterns and other imaging data faster accurately. Global healthcare leaders, such as Siemens Healthineers and GE Healthcare, are expanding the role of Al in medical imaging through partnerships with medical technology companies. This development is expected to have a positive impact on the overall market growth.
- For the detailed list of factors that will drive the global medical imaging market during the forecast period 2019-2023, click here.
- With the presence of a few major players, the global medical imaging market is fairly concentrated. Technavio’s robust vendor analysis is designed to help clients improve their market position. In , and in line with this, this report provides a detailed analysis of few leading medical imaging manufacturers, that include Canon Inc., Carestream Health Inc., FUJIFILM Holdings Corp., General Electric Co., Hitachi Ltd., Hologic Inc., Koninklijke Philips NV, Samsung Electronics Co. Ltd., Shimadzu Corp., and Siemens Healthineers AG.
- Also, the medical imaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Porter’s five forces analysis included in the report educates the buyer on the current situations along with anticipated future Medical Imaging market size.
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Geographically,this report is segmented into several key Regions covering:Americas, APAC, EMEA
Key vendors operating in 2020 Medical Imaging market space are-
- Canon Inc., Carestream Health Inc., FUJIFILM Holdings Corp., General Electric Co., Hitachi Ltd., Hologic Inc., Koninklijke Philips NV, Samsung Electronics Co. Ltd., Shimadzu Corp., and Siemens Healthineers AG.
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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Following are the objectives of The 2020 Medical Imaging Market Report:
- To describe and forecast the overall Medical Imaging market, in terms of value, segmented on the basis of authentication type, functionality type, component, and application.
- To forecast the market size for various segments, by key region.
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Medical Imaging market.
- To strategically analyze the Micro markets with respect to individual growth trends, Prospects, and Contributions to the total market.
- To analyze opportunities in the overall Medical Imaging market for stakeholders by identifying the high growth segments.
- To profile key players and analyze their Market ranking in terms of revenues and core competencies and provide details of the competitive landscape for the Medical Imaging market leaders.
- To analyze growth strategies such as Contracts, Mergers and Acquisitions, Product launches and Developments, and Research and Development (RandD) in the overall Medical Imaging market.
Table of Contents included in Medical Imaging Market 2020 Report –
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: PIPELINE ANALYSIS
PART 05: MARKET SIZING
- Market definition
- Market sizing 2020
- Market size and forecast 2020-2023
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- The threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY TYPE
PART 10: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2023
- Europe – Market size and forecast 2020-2023
- Asia – Market size and forecast 2020-2023
- ROW – Market size and forecast 2020-2023
- Key leading countries
- Market opportunity
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
- Landscape disruption
PART 14: VENDOR ANALYSIS
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