Market Overview:
The global diagnostic imaging equipment market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in diagnostic imaging equipment. The digital x-ray imaging segment is expected to dominate the global diagnostic imaging equipment market during the forecast period. This segment is projected to grow at a CAGR of 7% from 2018 to 2030.
Product Definition:
Diagnostic imaging equipment is used to create images of the inside of the body for medical diagnosis. It includes X-ray machines, ultrasound machines, and MRI scanners. The images allow doctors to see abnormalities such as tumors, blood clots, and bone fractures. Diagnostic imaging is an important tool in diagnosing and treating medical conditions.
Digital X-ray Imaging:
The digital x-ray imaging is a collection of techniques that use electronic images to capture the image of body parts for diagnostic and interventional purposes. The technique includes computer assisted detection, compression, and storage of the image data along with its interpretation by medical specialists. It also helps in reducing radiation exposure to patients as well as medical staff.
Ultrasound(Color Doppler, Portable):
Ultrasound is a form of diagnostic imaging that uses high-frequency sound waves to produce images. The term ultrasound usually refers to diagnostic medical imaging, which is used for the diagnosis of diseases and conditions such as kidney, liver, heart disease, gallbladder problems & cancers. Ultrasound can also be used for noninvasively scanning the baby during pregnancy and measuring their hCG (Chorionic Gonadotropin) levels.
Application Insights:
Based on application, the global diagnostic imaging equipment market is segmented into hospitals, clinics, ambulatory surgery centers, and diagnostic laboratories. Hospitals held the largest share in 2017 owing to an increase in cancer cases and other diseases that require a high number of imaging tests. A large number of procedures performed at once also boosts their demand.
Clinics are expected to be one of the fastest-growing segments over the forecast period due to increasing awareness about preventive healthcare along with rising incidences of sports injuries and chronic diseases such as heart conditions & diabetes among others. Portable x-ray units used at these facilities allow patients to get images without having them lie still for an entire day or night which helps reduce waiting time for appointments as well as reduces travel cost incurred by patients seeking treatment outside their hometowns or regions. These factors are anticipated to drive its growth over the forecast period thereby contributing towards overall market growth during this period.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, favorable reimbursement policies, and increasing demand for advanced diagnostic procedures are some of the major factors responsible for North America’s dominance. In addition, technological advancements such as digital radiology and rapid adoption of new technologies are also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rising disposable income levels and improving healthcare infrastructure in emerging countries such as China & India. Furthermore, an increase in government initiatives aimed at reducing disease burden is further expected to fuel growth across this region during future years of study (2018-2030).
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. According to a study by the World Health Organization (WHO), non-communicable diseases are responsible for over 63% of all deaths worldwide. This number is expected to rise to over 70% by 2030. The growing incidence of chronic diseases will lead to an increase in demand for diagnostic imaging equipment, as these devices are essential for diagnosing and monitoring these conditions.
- Technological advancements: The diagnostic imaging equipment market is constantly evolving due to the advent of new technologies and innovations. For instance, 3D printing technology is being increasingly used in medical devices, including diagnostic imaging equipment such as CT scanners and MRI machines. This technology helps reduce manufacturing time and costs, while also improving product quality and accuracy. Thus, technological advancements are likely to drive growth in the diagnostic imaging equipment market in the coming years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Diagnostic Imaging Equipment Market Research Report
By Type
Digital X-ray Imaging, Ultrasound(Color Doppler, Portable), Magnetic Resonance Imaging, CT Scanner(Low-, Mid-, & High-end)
By Application
Hospitals, Clinics, Ambulatory Surgery Centers, Diagnostic Laboratories
By Companies
GE Healthcare, Philips Healthcare, Siemens Healthcare, Canon Medical Systems, Hitachi Medical Corporation, Carestream Health, Inc., Esaote S.P.A, Hologic, Inc., Samsung Medison, Shimadzu Corporation, GE Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Diagnostic Imaging Equipment Market Report Segments:
The global Diagnostic Imaging Equipment market is segmented on the basis of:
Types
Digital X-ray Imaging, Ultrasound(Color Doppler, Portable), Magnetic Resonance Imaging, CT Scanner(Low-, Mid-, & High-end)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Ambulatory Surgery Centers, Diagnostic Laboratories
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Healthcare
- Philips Healthcare
- Siemens Healthcare
- Canon Medical Systems
- Hitachi Medical Corporation
- Carestream Health, Inc.
- Esaote S.P.A
- Hologic, Inc.
- Samsung Medison
- Shimadzu Corporation
- GE Healthcare
Highlights of The Diagnostic Imaging Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Digital X-ray Imaging
- Ultrasound(Color Doppler, Portable)
- Magnetic Resonance Imaging
- CT Scanner(Low-, Mid-, & High-end)
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- Diagnostic Laboratories
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Diagnostic Imaging Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Diagnostic imaging equipment is a type of medical equipment used to produce images of the body. This includes X-rays, MRI scans, and CT scans.
Some of the major players in the diagnostic imaging equipment market are GE Healthcare, Philips Healthcare, Siemens Healthcare, Canon Medical Systems, Hitachi Medical Corporation, Carestream Health, Inc., Esaote S.P.A, Hologic, Inc., Samsung Medison, Shimadzu Corporation, GE Healthcare.
The diagnostic imaging equipment market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Diagnostic Imaging Equipment Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Diagnostic Imaging Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Diagnostic Imaging Equipment Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Diagnostic Imaging Equipment Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Diagnostic Imaging Equipment Market Size & Forecast, 2018-2028 4.5.1 Diagnostic Imaging Equipment Market Size and Y-o-Y Growth 4.5.2 Diagnostic Imaging Equipment Market Absolute $ Opportunity
Chapter 5 Global Diagnostic Imaging Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Diagnostic Imaging Equipment Market Size Forecast by Type
5.2.1 Digital X-ray Imaging
5.2.2 Ultrasound(Color Doppler
5.2.3 Portable)
5.2.4 Magnetic Resonance Imaging
5.2.5 CT Scanner(Low-
5.2.6 Mid-
5.2.7 & High-end)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Diagnostic Imaging Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Diagnostic Imaging Equipment Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgery Centers
6.2.4 Diagnostic Laboratories
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Diagnostic Imaging Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Diagnostic Imaging Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Diagnostic Imaging Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Diagnostic Imaging Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Diagnostic Imaging Equipment Market Size Forecast by Type
9.6.1 Digital X-ray Imaging
9.6.2 Ultrasound(Color Doppler
9.6.3 Portable)
9.6.4 Magnetic Resonance Imaging
9.6.5 CT Scanner(Low-
9.6.6 Mid-
9.6.7 & High-end)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Diagnostic Imaging Equipment Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgery Centers
9.10.4 Diagnostic Laboratories
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Diagnostic Imaging Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Diagnostic Imaging Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Diagnostic Imaging Equipment Market Size Forecast by Type
10.6.1 Digital X-ray Imaging
10.6.2 Ultrasound(Color Doppler
10.6.3 Portable)
10.6.4 Magnetic Resonance Imaging
10.6.5 CT Scanner(Low-
10.6.6 Mid-
10.6.7 & High-end)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Diagnostic Imaging Equipment Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgery Centers
10.10.4 Diagnostic Laboratories
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Diagnostic Imaging Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Diagnostic Imaging Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Diagnostic Imaging Equipment Market Size Forecast by Type
11.6.1 Digital X-ray Imaging
11.6.2 Ultrasound(Color Doppler
11.6.3 Portable)
11.6.4 Magnetic Resonance Imaging
11.6.5 CT Scanner(Low-
11.6.6 Mid-
11.6.7 & High-end)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Diagnostic Imaging Equipment Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgery Centers
11.10.4 Diagnostic Laboratories
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Diagnostic Imaging Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Diagnostic Imaging Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Diagnostic Imaging Equipment Market Size Forecast by Type
12.6.1 Digital X-ray Imaging
12.6.2 Ultrasound(Color Doppler
12.6.3 Portable)
12.6.4 Magnetic Resonance Imaging
12.6.5 CT Scanner(Low-
12.6.6 Mid-
12.6.7 & High-end)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Diagnostic Imaging Equipment Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgery Centers
12.10.4 Diagnostic Laboratories
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Diagnostic Imaging Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Diagnostic Imaging Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Diagnostic Imaging Equipment Market Size Forecast by Type
13.6.1 Digital X-ray Imaging
13.6.2 Ultrasound(Color Doppler
13.6.3 Portable)
13.6.4 Magnetic Resonance Imaging
13.6.5 CT Scanner(Low-
13.6.6 Mid-
13.6.7 & High-end)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Diagnostic Imaging Equipment Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgery Centers
13.10.4 Diagnostic Laboratories
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Diagnostic Imaging Equipment Market: Competitive Dashboard
14.2 Global Diagnostic Imaging Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Philips Healthcare
14.3.3 Siemens Healthcare
14.3.4 Canon Medical Systems
14.3.5 Hitachi Medical Corporation
14.3.6 Carestream Health, Inc.
14.3.7 Esaote S.P.A
14.3.8 Hologic, Inc.
14.3.9 Samsung Medison
14.3.10 Shimadzu Corporation
14.3.11 GE Healthcare