Market Overview:
The global medical imaging diagnosis 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 medical imaging equipment and services. The market is segmented by type, application, and region. By type, the market is divided into imaging equipment and medical imaging services. Imaging equipment includes X-ray machines, computed tomography (CT) scanners, magnetic resonance imaging (MRI) scanners, ultrasound machines, positron emission tomography (PET) scanners etc., while medical image services include interpretation of images by radiologists for diagnosis purposes etc. By application, the market is segmented into public hospitals and private hospitals.
Product Definition:
Medical Imaging Diagnosis is the process of identifying a disease or injury through the use of medical imaging technology. The importance of Medical Imaging Diagnosis is that it allows doctors to identify and treat diseases and injuries early, which can improve patient outcomes.
Imaging Equipment:
Imaging equipment is any device or machine that helps in creating, saving, and transmitting images of various objects for the purpose of observation or research. The imaging devices market is segmented on the basis of product types into X-ray machines, MRI machines, ultrasound systems and CT scanners. CT scanner holds a major share in this market owing to its wide range applications such as identifying tumors & cysts internally as well as externally scanning injuries & fractures etc.
Medical Imaging Service:
Medical imaging service is a set of diagnostic procedures that use x-ray, ultrasound, CT scan and MRI. These services are used to diagnose diseases and find out the exact location & nature of the problem. Medical imaging diagnosis market is segmented on the basis of modality into X-ray, Computed Tomography (CT), Magnetic Resonance Imaging (MRI) and ultrasound systems.
Application Insights:
Based on application, the global medical imaging diagnosis market is segmented into public hospitals and private hospitals. The public hospital segment dominated the market in 2017 due to factors such as increasing number of patients with chronic diseases and rising geriatric population. Moreover, government initiatives such as ¢â‚¬Å“Health Insurance for All by 2019¢â‚¬ are expected to boost revenue growth over the forecast period.
The private hospital segment is anticipated to witness significant growth over the forecast period owing to growing awareness about better healthcare facilities among consumers, increasing investments by players in this sector and favorable government policies that promote infrastructure development at a national level. For instance, ¢â€š¹ËœMake in India¢â€š¹ will increase spending on healthcare equipment which will result in increased demand for diagnostics services from 2018-19 fiscal year onwards.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing cases of cancer, cardiovascular diseases, and other infectious diseases. In addition, rising adoption of advanced technologies and presence of major players are also contributing towards growth in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to factors such as improving healthcare infrastructure & availability of skilled radiologists; growing awareness about early diagnosis; increase in disposable income; and demand for medical imaging diagnostics services from emerging economies like China & India.
In 2016, Global Medical Imaging Diagnosis Market Share By Region (North America, Europe.
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. The rise in the number of people suffering from chronic diseases has led to a corresponding increase in demand for medical imaging diagnosis services.
- Advances in technology: Medical imaging diagnosis technology is constantly evolving, with new and more advanced diagnostic techniques being developed all the time. This has resulted in increased accuracy and efficiency in medical image interpretation, thus enhancing patient care.
- Growing awareness about early detection: There is growing awareness among patients about the importance of early detection for various types of cancer and other life-threatening illnesses. As a result, there is an increasing demand for medical imaging services that can help detect these conditions at an early stage, when they are most treatable.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Imaging Diagnosis Market Research Report
By Type
Imaging Equipment, Medical Imaging Service
By Application
Public Hospitals, Private Hospitals
By Companies
GE Healthcare, Siemens Healthcare, Philips, Neusoft Corporation, China Resources Wandong Medical Equipment, Mindray Medical International Limited, Shanghai United Imaging Healthcare, Shenzhen Rimag Sunshine Medical Technology, Shanghai Shizheng Medical Technology, Sino-US Tailimed (Beijing) Medical Technology, EPiC Healthcare, E-techco Group, Shandong Medical Imaging Research Institute
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Medical Imaging Diagnosis Market Report Segments:
The global Medical Imaging Diagnosis market is segmented on the basis of:
Types
Imaging Equipment, Medical Imaging Service
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
Public Hospitals, Private Hospitals
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
- Siemens Healthcare
- Philips
- Neusoft Corporation
- China Resources Wandong Medical Equipment
- Mindray Medical International Limited
- Shanghai United Imaging Healthcare
- Shenzhen Rimag Sunshine Medical Technology
- Shanghai Shizheng Medical Technology
- Sino-US Tailimed (Beijing) Medical Technology
- EPiC Healthcare
- E-techco Group
- Shandong Medical Imaging Research Institute
Highlights of The Medical Imaging Diagnosis 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:
- Imaging Equipment
- Medical Imaging Service
- By Application:
- Public Hospitals
- Private Hospitals
- 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 Medical Imaging Diagnosis 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Medical imaging diagnosis is the process of using medical imaging to diagnose a medical condition. Imaging can be used to detect abnormalities in the body, such as tumors or injuries.
Some of the major companies in the medical imaging diagnosis market are GE Healthcare, Siemens Healthcare, Philips, Neusoft Corporation, China Resources Wandong Medical Equipment, Mindray Medical International Limited, Shanghai United Imaging Healthcare, Shenzhen Rimag Sunshine Medical Technology, Shanghai Shizheng Medical Technology, Sino-US Tailimed (Beijing) Medical Technology, EPiC Healthcare, E-techco Group, Shandong Medical Imaging Research Institute.
The medical imaging diagnosis market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Imaging Diagnosis 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 Medical Imaging Diagnosis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Imaging Diagnosis 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 Medical Imaging Diagnosis 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 Medical Imaging Diagnosis Market Size & Forecast, 2018-2028
4.5.1 Medical Imaging Diagnosis Market Size and Y-o-Y Growth
4.5.2 Medical Imaging Diagnosis Market Absolute $ Opportunity
Chapter 5 Global Medical Imaging Diagnosis 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 Medical Imaging Diagnosis Market Size Forecast by Type
5.2.1 Imaging Equipment
5.2.2 Medical Imaging Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Imaging Diagnosis 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 Medical Imaging Diagnosis Market Size Forecast by Applications
6.2.1 Public Hospitals
6.2.2 Private Hospitals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Imaging Diagnosis 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 Medical Imaging Diagnosis 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 Medical Imaging Diagnosis Analysis and Forecast
9.1 Introduction
9.2 North America Medical Imaging Diagnosis 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 Medical Imaging Diagnosis Market Size Forecast by Type
9.6.1 Imaging Equipment
9.6.2 Medical Imaging Service
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 Medical Imaging Diagnosis Market Size Forecast by Applications
9.10.1 Public Hospitals
9.10.2 Private Hospitals
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 Medical Imaging Diagnosis Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Imaging Diagnosis 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 Medical Imaging Diagnosis Market Size Forecast by Type
10.6.1 Imaging Equipment
10.6.2 Medical Imaging Service
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 Medical Imaging Diagnosis Market Size Forecast by Applications
10.10.1 Public Hospitals
10.10.2 Private Hospitals
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 Medical Imaging Diagnosis Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Imaging Diagnosis 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 Medical Imaging Diagnosis Market Size Forecast by Type
11.6.1 Imaging Equipment
11.6.2 Medical Imaging Service
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 Medical Imaging Diagnosis Market Size Forecast by Applications
11.10.1 Public Hospitals
11.10.2 Private Hospitals
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 Medical Imaging Diagnosis Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Imaging Diagnosis 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 Medical Imaging Diagnosis Market Size Forecast by Type
12.6.1 Imaging Equipment
12.6.2 Medical Imaging Service
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 Medical Imaging Diagnosis Market Size Forecast by Applications
12.10.1 Public Hospitals
12.10.2 Private Hospitals
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) Medical Imaging Diagnosis Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Imaging Diagnosis 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) Medical Imaging Diagnosis Market Size Forecast by Type
13.6.1 Imaging Equipment
13.6.2 Medical Imaging Service
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) Medical Imaging Diagnosis Market Size Forecast by Applications
13.10.1 Public Hospitals
13.10.2 Private Hospitals
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 Medical Imaging Diagnosis Market: Competitive Dashboard
14.2 Global Medical Imaging Diagnosis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Siemens Healthcare
14.3.3 Philips
14.3.4 Neusoft Corporation
14.3.5 China Resources Wandong Medical Equipment
14.3.6 Mindray Medical International Limited
14.3.7 Shanghai United Imaging Healthcare
14.3.8 Shenzhen Rimag Sunshine Medical Technology
14.3.9 Shanghai Shizheng Medical Technology
14.3.10 Sino-US Tailimed (Beijing) Medical Technology
14.3.11 EPiC Healthcare
14.3.12 E-techco Group
14.3.13 Shandong Medical Imaging Research Institute
