Market Overview:
The global diagnostic imaging devices market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in diagnostic imaging devices. Based on type, the global diagnostic imaging devices market is segmented into X-rays, ultrasound system, magnetic resonance imaging (MRI), computed tomography (CT) scanner, nuclear imaging system, and others. The MRI segment is expected to grow at the highest CAGR during the forecast period owing to its growing demand for advanced diagnostics and rising prevalence of neurological disorders. Based on application, the global diagnostic imaging devices market is divided into hospitals, ambulatory surgical centers (ASCs), diagnostic centers, and others. The hospitals segment dominates this market due to increasing number of hospital admissions for diagnosis and treatment purposes.
Product Definition:
A diagnostic imaging device is a piece of equipment that creates images of the inside of the body. This type of equipment is used to help doctors diagnose medical conditions.
X-Rays:
X-rays is a kind of electromagnetic ionizing radiation which is applied to the patient and object to obtain images. X-ray tubes are made up of different materials such as glass, plastics, and aluminum; these materials absorb the radiation when an X-ray beam is applied on them. The primary source for producing x rays consists of high energy electrons that are accelerated towards the target by an electric field.
Ultrasound System:
Ultrasound system is a diagnostic device used for imaging the internal structure of human body by producing and receiving high frequency sound waves. It works on the basis of echocardiography, which uses ultrasonic pulses to view heart functioning. Ultrasound system market is segmented into two types on the basis of product type and application.
Application Insights:
The market is segmented by application into hospitals, ambulatory surgical centers, diagnostic centers and others. The hospital segment dominated the global market in 2017 owing to factors such as increasing prevalence of chronic diseases and growing geriatric population. According to a study published by the World Health Organization (WHO) in 2016, it was estimated that around 1.7 billion people aged 60 years or above were registered globally. This age group is more prone to various health conditions including cancer which boosts demand for diagnostics imaging devices at hospitals worldwide.
The use of these devices at outpatient facilities has increased significantly over the past few years due largely to technological advancements coupled with cost-effectiveness advantages offered by these systems over conventional x-ray procedures performed during an office scan or walk-in clinic appointment settings.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as favorable reimbursement policies, high healthcare expenditure, and increasing prevalence of chronic diseases. For instance, according to a study published by the National Center for Health Statistics (NCHS), in 2014 around 29% of individuals aged 65 years and above were suffering from at least one chronic condition. Thus, it is expected that a large number of patients will require advanced diagnostic procedures which are likely to increase adoption rates of these systems over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising demand for technologically advanced medical products coupled with improving healthcare infrastructure & services in emerging countries like India and China. Moreover, economic development has led Asian countries like India and China towards adopting western culture thus making them more attractive markets for international players looking forward investment opportunities over next few years (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 almost 75% by 2030. The growing incidence of chronic diseases will lead to an increase in demand for diagnostic imaging devices, as these devices play a key role in diagnosing and managing these conditions.
- Technological advancements: The diagnostic imaging device market is constantly evolving due to technological advancements. Newer and more advanced devices are being developed that offer better performance and accuracy than older models. This has led to an increase in demand for diagnostic imaging devices, as healthcare providers are looking for ways to improve patient care through improved diagnosis and treatment options.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diagnostic Imaging Devices Market Research Report
By Type
X-Rays, Ultrasound System, Magnetic Resonance Imaging (MRI), Computed Tomography (CT) Scanner, Nuclear Imaging System, Others
By Application
Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Others
By Companies
Siemens Healthcare, Hitachi, Carestream Health, Samsung Electronics, Toshiba, Koninklijke Philips, General Electric
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Diagnostic Imaging Devices Market Report Segments:
The global Diagnostic Imaging Devices market is segmented on the basis of:
Types
X-Rays, Ultrasound System, Magnetic Resonance Imaging (MRI), Computed Tomography (CT) Scanner, Nuclear Imaging System, Others
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, Ambulatory Surgical Centers, Diagnostic Centers, Others
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:
- Siemens Healthcare
- Hitachi
- Carestream Health
- Samsung Electronics
- Toshiba
- Koninklijke Philips
- General Electric
Highlights of The Diagnostic Imaging Devices 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:
- X-Rays
- Ultrasound System
- Magnetic Resonance Imaging (MRI)
- Computed Tomography (CT) Scanner
- Nuclear Imaging System
- Others
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic Centers
- Others
- 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 Devices 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 devices are medical equipment that help doctors diagnose and treat medical conditions. They can include x-rays, MRIs, CT scans, and other types of images.
Some of the key players operating in the diagnostic imaging devices market are Siemens Healthcare, Hitachi, Carestream Health, Samsung Electronics, Toshiba, Koninklijke Philips, General Electric.
The diagnostic imaging devices market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diagnostic Imaging Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diagnostic Imaging Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diagnostic Imaging Devices Market - Supply Chain
4.5. Global Diagnostic Imaging Devices Market Forecast
4.5.1. Diagnostic Imaging Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diagnostic Imaging Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diagnostic Imaging Devices Market Absolute $ Opportunity
5. Global Diagnostic Imaging Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Diagnostic Imaging Devices Market Size and Volume Forecast by Type
5.3.1. X-Rays
5.3.2. Ultrasound System
5.3.3. Magnetic Resonance Imaging (MRI)
5.3.4. Computed Tomography (CT) Scanner
5.3.5. Nuclear Imaging System
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diagnostic Imaging Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Diagnostic Imaging Devices Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Ambulatory Surgical Centers
6.3.3. Diagnostic Centers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diagnostic Imaging Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Diagnostic Imaging Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Diagnostic Imaging Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Diagnostic Imaging Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Diagnostic Imaging Devices Demand Share Forecast, 2019-2026
9. North America Diagnostic Imaging Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Diagnostic Imaging Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Diagnostic Imaging Devices Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Ambulatory Surgical Centers
9.4.3. Diagnostic Centers
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diagnostic Imaging Devices Market Size and Volume Forecast by Type
9.7.1. X-Rays
9.7.2. Ultrasound System
9.7.3. Magnetic Resonance Imaging (MRI)
9.7.4. Computed Tomography (CT) Scanner
9.7.5. Nuclear Imaging System
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Diagnostic Imaging Devices Demand Share Forecast, 2019-2026
10. Latin America Diagnostic Imaging Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Diagnostic Imaging Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Diagnostic Imaging Devices Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Ambulatory Surgical Centers
10.4.3. Diagnostic Centers
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diagnostic Imaging Devices Market Size and Volume Forecast by Type
10.7.1. X-Rays
10.7.2. Ultrasound System
10.7.3. Magnetic Resonance Imaging (MRI)
10.7.4. Computed Tomography (CT) Scanner
10.7.5. Nuclear Imaging System
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Diagnostic Imaging Devices Demand Share Forecast, 2019-2026
11. Europe Diagnostic Imaging Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Diagnostic Imaging Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Diagnostic Imaging Devices Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Ambulatory Surgical Centers
11.4.3. Diagnostic Centers
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diagnostic Imaging Devices Market Size and Volume Forecast by Type
11.7.1. X-Rays
11.7.2. Ultrasound System
11.7.3. Magnetic Resonace Imaging (MRI)
11.7.4. Computed Tomography (CT) Scanner
11.7.5. Nuclear Imaging System
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Diagnostic Imaging Devices Demand Share, 2019-2026
12. Asia Pacific Diagnostic Imaging Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Diagnostic Imaging Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Diagnostic Imaging Devices Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Ambulatory Surgical Centers
12.4.3. Diagnostic Centers
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diagnostic Imaging Devices Market Size and Volume Forecast by Type
12.7.1. X-Rays
12.7.2. Ultrasound System
12.7.3. Magnetic Resonance Imaging (MRI)
12.7.4. Computed Tomography (CT) Scanner
12.7.5. Nuclear Imaging System
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Diagnostic Imaging Devices Demand Share, 2019-2026
13. Middle East & Africa Diagnostic Imaging Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Diagnostic Imaging Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Diagnostic Imaging Devices Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Ambulatory Surgical Centers
13.4.3. Diagnostic Centers
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diagnostic Imaging Devices Market Size and Volume Forecast by Type
13.7.1. X-Rays
13.7.2. Ultrasound System
13.7.3. Magnetic Resonance Imaging (MRI)
13.7.4. Computed Tomography (CT) Scanner
13.7.5. Nuclear Imaging System
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Diagnostic Imaging Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diagnostic Imaging Devices Market: Market Share Analysis
14.2. Diagnostic Imaging Devices Distributors and Customers
14.3. Diagnostic Imaging Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens Healthcare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hitachi
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Carestream Health
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Samsung Electronics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toshiba
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Koninklijke Philips
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. General Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
