Market Overview:
The global non-destructive medical technologies market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of chronic diseases. In terms of type, the echocardiography segment is expected to hold the largest share in the global non-destructive medical technologies market during the forecast period. This can be attributed to its growing adoption for diagnosis and treatment of heart diseases. In terms of application, the diagnosis segment is expected to hold a larger share in the global non-destructive medical technologies market during 2018-2030 owing to its growing use in various clinical applications such as cancer detection, preoperative planning, and postoperative follow up.
Product Definition:
Non-destructive medical technologies are those that do not damage or destroy tissue while they are being used. This type of technology is important because it allows doctors to examine and treat patients without causing any harm.
Global Non-Destructive Medical Technologies Market Size Growth Rate by Method: 2016 VS 2021 VS 2027:
Global non-destructive medical technologies market was valued at USD 4.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for non-invasive procedures along with technological advancements are some of the factors driving growth during next seven years.
Echocardiography:
Echocardiography is the technique that involves the use of ultrasound to examine and record the functioning of heart. It helps in determining whether there are any structural abnormalities in chambers, valves, and walls. This test also determines whether blood is flowing properly through coronary arteries and veins.
Application Insights:
On the basis of application, the global non-destructive medical technologies market is segmented into diagnosis and treatment. Diagnosis held the largest share in 2017 owing to increasing demand for NDT in several applications such as preclinical testing, quality control, research & development and manufacturing.
The treatment segment is expected to witness a high growth rate over the forecast period due to growing adoption of NDT techniques across various healthcare sectors such as cardiology, neurology and orthopedics. Non-invasive procedures make it easier for doctors to access hard-to-reach areas thus improving treatments speed while reducing patient trauma & suffering. The aforementioned factors are anticipated to boost demand over the forecast period thereby driving growth of this market sector.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the increasing geriatric population, high disposable income, and favorable reimbursement policies. In addition, a rise in awareness levels regarding non-destructive medical testing is expected to drive demand over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as economic development and improvement in healthcare infrastructure coupled with rising patient awareness levels about advanced diagnostic technologies resulting into increased demand for non-destructive medical testing procedures. Moreover, an increase in government initiatives aimed at improving public health & safety are further expected to fuel regional market growth during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgical procedures is expected to grow at a CAGR of 6.5% from 2016 to 2021. This growth can be attributed to the increasing demand for minimally invasive surgeries due to their benefits such as shorter hospital stays, reduced pain and blood loss, and faster recovery times.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, cardiovascular diseases, and diabetes is on the rise globally due to changing lifestyles and aging populations. This is leading to an increase in the number of patients requiring treatment, which in turn is driving the demand for medical technologies such as non-destructive medical technologies.
- Technological advancements: The development of new and innovative non-destructive medical technologies has led to increased adoption by healthcare providers worldwide. These technological advancements are helping healthcare providers improve patient care while reducing costs associated with diagnosis and treatment procedures.
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Destructive Medical Technologies Market Research Report
By Type
Global Non-Destructive Medical Technologies Market Size Growth Rate by Method: 2016 VS 2021 VS 2027, Echocardiography, Medical Ultrasonography, Liquid Penetrant, Phased Array Ultrasonic Testing, Digital Radiography
By Application
Diagnosis, Treatment
By Companies
Eberlin Lab, Carestream Health, General Electric, Olympus Corporation, Element Materials Technology, Fischer Technology, Magnaflux Corporation
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Non-Destructive Medical Technologies Market Report Segments:
The global Non-Destructive Medical Technologies market is segmented on the basis of:
Types
Global Non-Destructive Medical Technologies Market Size Growth Rate by Method: 2016 VS 2021 VS 2027, Echocardiography, Medical Ultrasonography, Liquid Penetrant, Phased Array Ultrasonic Testing, Digital Radiography
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
Diagnosis, Treatment
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:
- Eberlin Lab
- Carestream Health
- General Electric
- Olympus Corporation
- Element Materials Technology
- Fischer Technology
- Magnaflux Corporation
Highlights of The Non-Destructive Medical Technologies 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:
- Global Non-Destructive Medical Technologies Market Size Growth Rate by Method: 2016 VS 2021 VS 2027
- Echocardiography
- Medical Ultrasonography
- Liquid Penetrant
- Phased Array Ultrasonic Testing
- Digital Radiography
- By Application:
- Diagnosis
- Treatment
- 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 Non-Destructive Medical Technologies 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Non-destructive medical technologies (NDMTs) are a broad category of diagnostic and therapeutic techniques that do not involve the destruction of tissue or organs. These technologies can be used to examine, diagnose, and treat medical conditions without causing any permanent damage. Some common NDMTs include ultrasound, magnetic resonance imaging (MRI), computed tomography (CT), and X-ray scanning.
Some of the major players in the non-destructive medical technologies market are Eberlin Lab, Carestream Health, General Electric, Olympus Corporation, Element Materials Technology, Fischer Technology, Magnaflux Corporation.
The non-destructive medical technologies 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 Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies Market Size & Forecast, 2018-2028 4.5.1 Non-Destructive Medical Technologies Market Size and Y-o-Y Growth 4.5.2 Non-Destructive Medical Technologies Market Absolute $ Opportunity
Chapter 5 Global Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies Market Size Forecast by Type
5.2.1 Global Non-Destructive Medical Technologies Market Size Growth Rate by Method: 2016 VS 2021 VS 2027
5.2.2 Echocardiography
5.2.3 Medical Ultrasonography
5.2.4 Liquid Penetrant
5.2.5 Phased Array Ultrasonic Testing
5.2.6 Digital Radiography
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies Market Size Forecast by Applications
6.2.1 Diagnosis
6.2.2 Treatment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies Analysis and Forecast
9.1 Introduction
9.2 North America Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies Market Size Forecast by Type
9.6.1 Global Non-Destructive Medical Technologies Market Size Growth Rate by Method: 2016 VS 2021 VS 2027
9.6.2 Echocardiography
9.6.3 Medical Ultrasonography
9.6.4 Liquid Penetrant
9.6.5 Phased Array Ultrasonic Testing
9.6.6 Digital Radiography
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 Non-Destructive Medical Technologies Market Size Forecast by Applications
9.10.1 Diagnosis
9.10.2 Treatment
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 Non-Destructive Medical Technologies Analysis and Forecast
10.1 Introduction
10.2 Europe Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies Market Size Forecast by Type
10.6.1 Global Non-Destructive Medical Technologies Market Size Growth Rate by Method: 2016 VS 2021 VS 2027
10.6.2 Echocardiography
10.6.3 Medical Ultrasonography
10.6.4 Liquid Penetrant
10.6.5 Phased Array Ultrasonic Testing
10.6.6 Digital Radiography
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 Non-Destructive Medical Technologies Market Size Forecast by Applications
10.10.1 Diagnosis
10.10.2 Treatment
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 Non-Destructive Medical Technologies Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies Market Size Forecast by Type
11.6.1 Global Non-Destructive Medical Technologies Market Size Growth Rate by Method: 2016 VS 2021 VS 2027
11.6.2 Echocardiography
11.6.3 Medical Ultrasonography
11.6.4 Liquid Penetrant
11.6.5 Phased Array Ultrasonic Testing
11.6.6 Digital Radiography
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 Non-Destructive Medical Technologies Market Size Forecast by Applications
11.10.1 Diagnosis
11.10.2 Treatment
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 Non-Destructive Medical Technologies Analysis and Forecast
12.1 Introduction
12.2 Latin America Non-Destructive Medical Technologies 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 Non-Destructive Medical Technologies Market Size Forecast by Type
12.6.1 Global Non-Destructive Medical Technologies Market Size Growth Rate by Method: 2016 VS 2021 VS 2027
12.6.2 Echocardiography
12.6.3 Medical Ultrasonography
12.6.4 Liquid Penetrant
12.6.5 Phased Array Ultrasonic Testing
12.6.6 Digital Radiography
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 Non-Destructive Medical Technologies Market Size Forecast by Applications
12.10.1 Diagnosis
12.10.2 Treatment
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) Non-Destructive Medical Technologies Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Non-Destructive Medical Technologies 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) Non-Destructive Medical Technologies Market Size Forecast by Type
13.6.1 Global Non-Destructive Medical Technologies Market Size Growth Rate by Method: 2016 VS 2021 VS 2027
13.6.2 Echocardiography
13.6.3 Medical Ultrasonography
13.6.4 Liquid Penetrant
13.6.5 Phased Array Ultrasonic Testing
13.6.6 Digital Radiography
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) Non-Destructive Medical Technologies Market Size Forecast by Applications
13.10.1 Diagnosis
13.10.2 Treatment
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 Non-Destructive Medical Technologies Market: Competitive Dashboard
14.2 Global Non-Destructive Medical Technologies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eberlin Lab
14.3.2 Carestream Health
14.3.3 General Electric
14.3.4 Olympus Corporation
14.3.5 Element Materials Technology
14.3.6 Fischer Technology
14.3.7 Magnaflux Corporation