Medical Imaging Equipment Market to Value US$ 44,077.7 Mn at CAGR of 4.6% by 2025 | Exclusive Report by Fortune Business Insights
Key companies covered in the Medical Imaging Equipment Market report include GENERAL ELECTRIC COMPANY, Hitachi, Ltd., Shimadzu Corporation, Siemens Healthcare GmbH, Koninklijke Philips N.V., Supersonic Imagine, Hologic, Inc., SAMSUNG and Fujifilm Holdings Corporation among others
PUNE, India, May 30, 2019 /PRNewswire/ -- The global Medical Imaging Equipment Market is likely to grow in the coming years due to the increasing incidence of chronic diseases such as liver, cancer, and cardiovascular diseases. According to a report published by Fortune Business Insights, titled "Medical Imaging Equipment Market: 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.
Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/medical-imaging-equipment-market-100382
Increasing Demand for Ultra-Sonic Equipment to Boost Growth
To suffice the constantly increasing demand and growing expectations from end users, healthcare manufacturers are putting in more efforts to come up with new products. Along with new products, healthcare manufacturers are also under the pressure of improving product and device efficiencies. There is an increasing demand for ultrasound imaging equipment arising from healthcare settings in emerging countries. The major reason for this rising demand is the improved efficiency of new ultrasound imaging equipment introduced in the market. Among all types of medical imaging equipment, ultra-sonic devices accounted for almost 22.9% of the global Medical Imaging Equipment Market.
Growing Adoption of Technologically Advanced Systems to Drive the Market in the US
The increasing investment by government and public organizations towards diagnosis and treatment of cancer has paved the way for innovations and advancements in the global Medical Imaging Equipment Market. The increasing awareness about effects of major diseases such as cancer and orthopedic diseases has fueled the demand for early detection of these disease and immediate diagnosis methods. Furthermore, research initiatives by the leading companies are aiding the growth of the market in the U.S. In 2018, Siemens Healthcare GmbH introduced two new magnetic resonance imaging scanners. The products were an instant hit within the healthcare personnel and there was an immediate demand for Siemens' devices for medical imaging. The increasing demand had a direct impact on the overall market in the US. Besides US, the Medical Imaging Equipment Market in Asia Pacific is likely to grow in the coming years due to high investments in research and development of medical imaging by private organizations and leading investor firms.
Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/medical-imaging-equipment-market-100382
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.
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.
Browse Complete Report Details Enabled with Complete Tables and Figures:
https://www.fortunebusinessinsights.com/industry-reports/medical-imaging-equipment-market-100382
Key companies covered in the report
- GENERAL ELECTRIC COMPANY
- Hitachi, Ltd.
- Shimadzu Corporation
- Siemens Healthcare GmbH
- Koninklijke Philips N.V.
- Supersonic Imagine
- Hologic, Inc.
- SAMSUNG
- Fujifilm Holdings Corporation
- Other Prominent Players
Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/medical-imaging-equipment-market-100382
Major Table of Content:
- Market Dynamics
- Key Insights
- Epidemiology Overview: Key Diseases, 2018
- Overview: Mergers, Acquisitions &Partnerships
- Pricing Analysis, Key Players
- Installed Base Scenario, Key Brands/ Players
- Global Medical Imaging Equipment Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Type
- Magnetic Resonance Imaging (MRI) Equipment
- Computed Tomography (CT) Equipment
- X-ray Equipment
- Ultrasound Equipment
- Molecular Imaging Equipment
- Market Analysis, Insights and Forecast – By Application
- Cardiology
- Neurology
- Orthopedics
- Gynecology
- Oncology
- Others (Urology, etc.)
- Market Analysis, Insights and Forecast – By End User
- Hospitals
- Specialty Clinics
- Diagnostic Imaging Centers
- Others
- Market Analysis, Insights and Forecast, Insights and Forecast – By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Competitive Analysis
- Strategic Recommendations
Browse Related Reports:
- Medical Devices Market Size, Share and Global Trend By Type (Orthopedic Devices, Cardiovascular Devices, Diagnostic Imaging, IVD, MIS, Wound Management, Diabetes Care, Ophthalmic Devices, Dental & Nephrology), End User (Hospitals & Ambulatory Surgical Centers and Clinics) and Geography Forecast till 2025
- AATD Augmentation Therapy Market Size, Share and Global Trend by Product Type (Glassia, Aralast NP, Prolastin C, Zemaira/Respreeza), End User (Hospitals, Specialty Clinics) and Geography Forecast till 2025
- X-Ray Flat Panel Detectors Market Size, Share and Global Trend by Product Type (Amorphous, Silicon, Amorphous Selenium, Complementary Metal Oxide Semiconductor), Imaging type (Static, Dynamic), Type (Retrofit, New), Application (General Radiography, Dentistry, Oncology, Orthopedic) Geography Forecast till 2026
About us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US :+1-424-253-0390
UK :+44-2071-939123
APAC :+91-744-740-1245
Email: [email protected]
Website: https://www.fortunebusinessinsights.com
SOURCE Fortune Business Insights
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO67780&Transmission_Id=201905300417PR_NEWS_USPR_____IO67780&DateId=20190530)
Share this article