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Global medical imaging equipment market size was valued at USD 30,814.2 Million in 2017 and is Projected to be Valued at USD 44,077.7 Million by 2025, Exhibiting a CAGR of 4.6% From 2018-2025.

Trusted Business Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the Medical Imaging Equipment market.

Trusted Business Insights presents an updated and Latest Study on Medical Imaging Equipment Market 2019-2029. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The report further elaborates on the micro and macroeconomic aspects including the socio-political landscape that is anticipated to shape the demand of the Medical Imaging Equipment market during the forecast period (2019-2029).
It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.

Get Sample Copy of this Report @ Medical Imaging Equipment Market Size, Share and Industry Analysis by Type (Magnetic Resonance Imaging Equipment, Computed Tomography Equipment, X-ray Equipment, Ultrasound Equipment Molecular Imaging Equipment), By Application (Cardiology, Neurology, Orthopedics, Gynecology, Oncology), By End User (Hospitals, Specialty Clinics, Diagnostic Imaging Centers, Others) and Regional Forecast, 2020 – 2029 (Includes COVID-19 Business Impact)

The global medical imaging equipment market size was valued at USD 30,814.2 Million in 2017 and is Projected to be Valued at USD 44,077.7 Million by 2025, Exhibiting a CAGR of 4.6% From 2018-2025.

We have updated Medical Imaging Equipment Market with respect to COVID-19 Impact.
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Increasing incidence of chronic and lifestyle diseases including cancer, cardiovascular diseases, and orthopedic disorders among the general population is presenting a large patient pool undergoing diagnostic imaging procedures globally. A rapidly aging population especially in Europe and Asia Pacific countries is presenting a pool of patient population suffering from age-related disorders.
This, combined with an increasing emphasis of regional and national governments towards early diagnosis aiming to reduce overall healthcare costs, is driving the number of patients undergoing MRI, CT and X-ray scans globally. The global medical imaging equipment market is projected to exhibit moderate CAGR during the forecast period.

Market Segmentation

“”Rising Demand for Ultrasound Equipment in Emerging Countries Driving the Segment in 2017″”

Market players operating in the global medical imaging equipment market, are constantly focused towards offering innovative products with improved functional and clinical benefits, with an aim to keep up to the pace of ever-rising demands of the market. New ergonomic models with clinical supremacy being introduced in the market such as portable ultrasound, C-arms with X-ray flat panel detectors and 7T MRI machines, are a result of the unmet needs and growing demands for advanced equipment from healthcare settings globally. Among the types, the ultrasound equipment segment accounted for 22.9% share of the market in 2017.

On the basis of application, the global market is segmented into oncology, cardiology, orthopedics, gynecology, neurology, and others. Increasing incidence of cancer globally, along with a rising emphasis on early detection and diagnosis of cancer, and improving access to healthcare facilities and diagnostic imaging centers in emerging countries, are some of the major factors projected to drive the comparatively higher CAGR of oncology application segment in the medical imaging equipment market during 2018-2025.

On the basis of the end user, the market is segmented into hospitals, specialty clinics, diagnostic imaging centers, and others. An increasing number of diagnostic imaging centers in developed and emerging countries owing to consolidation in the global market is projected to drive the diagnostic imaging centers in the global market.

Regional Analysis

“”Higher Adoption of New and Technologically Advanced Systems in the U.S., is Driving the Market in North America””

In November 2018, Siemens Healthcare GmbH introduced two new magnetic resonance imaging scanners at the Radiology Society of North America (RSNA 2018) conference. The two new scanners are based on the proprietary Biomatrix technology concept of Siemens Healthcare GmbH.

New products being offered in the market, combined with an aging installed base of medical imaging equipment in the U.S., is leading to increasing adoption of advanced systems in the country. This, along with the increasing number of patients undergoing diagnostic imaging procedures in the country, is propelling the medical imaging equipment market growth in the U.S.

Chinese manufacturers and other regional players entering the lucrative U.S. market is projected to further augment the medical imaging equipment market growth in North America. The region generated revenue of USD 7,993.4 Mn in 2017 and is expected to register a moderate CAGR during the forecast period.
North America Medical Imaging Equipment Market, 2017

Key Market Drivers

“”Strong Portfolio, Widespread Distribution Network, and Strong Brand Presence of Major Players Have Resulted in a Consolidated Market in 2017. “”

The market is a consolidated with top 3-5 players accounting for more than a third of the medical imaging equipment market share in 2017. General Electric Company, Koninklijke Philips N.V., and Siemens Healthcare GmbH are among the leading players in the global medical imaging equipment market in 2017. A diverse portfolio of medical imaging equipment, combined with a strong and widespread distribution network globally, are some of the major factors attributed to the dominance of these players in the global market. However, an increasing number of domestic players entering the market with innovative product offerings are anticipated to challenge the dominance of these players during 2018-2025.

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

Report Overview

An aging installed base of medical imaging equipment, especially X-ray equipment, and ultrasound equipment in emerging countries, is driving the demand, and consumption of replacement unit shipments of x-ray and ultrasound equipment in these countries. This combined with a developing healthcare infrastructure in these countries is leading to increasing demand for new unit shipments of different modalities of medical imaging equipment in the global market. The global medical imaging equipment market is characterized by higher demand for replacement units from developed countries, and increasing demand for replacement and new units from emerging countries in 2017.

The report provides qualitative and quantitative insights on medical imaging equipment industry and detailed analysis of market size & growth rate for all possible segments in the market. The market is segmented as per type, application, and end user. On the basis of type, the global medical imaging equipment market is further segmented into magnetic resonance imaging equipment, computed tomography equipment, x-ray equipment, ultrasound equipment, and molecular imaging equipment.
On the basis of application, the market is segmented into gynecology, neurology, oncology, orthopedics, cardiology, and others. On the basis of the end user, the global medical imaging equipment market is segmented into hospitals, specialty clinics, diagnostic imaging centers, and others. Geographically, the market is segmented into five major regions, which are North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The regions are further categorized into countries.

Along with this, the report provides an elaborative analysis of market dynamics and competitive landscape. Additionally, the report offers insights on the prevalence of key disease indications (cardiovascular diseases, oncology, orthopedic diseases, etc.) for key countries/region, recent industry developments such as partnerships, mergers & acquisitions, the regulatory framework by key countries, and pricing analysis for key brands/players.

SEGMENTATION

By Type

  • ·         Magnetic Resonance Imaging Equipment
  • ·         Computed Tomography Equipment
  • ·         X-ray Equipment
  • ·         Ultrasound Equipment
  • ·         Molecular Imaging Equipment

By Application

  • ·         Cardiology
  • ·         Neurology
  • ·         Orthopedics
  • ·         Gynecology
  • ·         Oncology
  • ·          Others

By End User

  • ·         Hospitals
  • ·         Specialty Clinics
  • ·         Diagnostic Imaging Centers
  • ·         Others

By Geography

  • ·      North America (USA and Canada)
  • ·      Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • ·      Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • ·      Latin America (Brazil, Mexico and Rest of Latin America)
  • ·      Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Key Industry Developments

In November 2018, Siemens Healthcare GmbH, announced the launch of Magnetom Altea 1.5T, and Magnetom Lumina 3T MRI scanners at the Radiology Society of North America (RSNA) meeting.

In March 2018, Koninklijke Philips N.V., announced the launch of its new 3T MRI scanner Ingenia Edition 3.0 at the European Congress of Radiology (ECR) 2018.

In March 2018, Siemens Healthcare GmbH, announced the launch of a new ultrasound system, Acuson Juniper, a compact ultrasound machine at the European Congress of Radiology (ECR 2018), held in Vienna, Austria.

 

Looking for more? Check out our repository for all available reports on Medical Imaging Equipment in related sectors.

Quick Read Table of Contents of this Report @ Medical Imaging Equipment Market Size, Share and Industry Analysis by Type (Magnetic Resonance Imaging Equipment, Computed Tomography Equipment, X-ray Equipment, Ultrasound Equipment Molecular Imaging Equipment), By Application (Cardiology, Neurology, Orthopedics, Gynecology, Oncology), By End User (Hospitals, Specialty Clinics, Diagnostic Imaging Centers, Others) and Regional Forecast, 2020 – 2029 (Includes COVID-19 Business Impact)

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Medical Imaging Equipment Market Share, Growth Forecast- Global Industry Outlook

Up Market Research (UMR) offers a detailed report on Global Medical Imaging Equipment Market. The report is a comprehensive research study that provides the scope of Medical Imaging Equipment market size, industry growth opportunities and challenges, current market trends, potential players, and expected performance of the market in regions for the forecast period from 2020 to 2027. This report highlights key insights on the market focusing on the possible requirements of the clients and assisting them to make right decision about their business investment plans and strategies.

The Medical Imaging Equipment market report also covers an overview of the segments and sub-segmentation’s including the product types, applications, companies and regions. This report further includes the impact of COVID-19 on the market and explains dynamics of the market, future business impact, competition landscape of the companies, and the flow of the global supply and consumption. The report provides an in-depth analysis of the overall market structure of Medical Imaging Equipment and assesses the possible changes in the current as well as future competitive scenarios of the Medical Imaging Equipment market.

Request A Free Sample Report @ https://www.upmarketresearch.com/home/requested_sample/41664

The published report consists of a robust research methodology by relying on primary source including interviews of the company executives & representatives and accessing official documents, websites, and press release of the companies. Up Market Research (UMR) is known for its data accuracy and granular market reports.

The report is prepared with a group of graphical representations, tables, and figures which displays a clear picture of the developments of the products and its market performance over the last few years. With this precise report, it can be easily understood the growth potential, revenue growth, product range, and pricing factors related to the Medical Imaging Equipment market. The report also covers the recent agreements including merger & acquisition, partnership or joint venture and latest developments of the manufacturers to sustain in the global competition of the Medical Imaging Equipment market.

Key companies that are covered in this report:

Philips Healthcare
GE Healthcare
Siemens Healthcare
Hologic
Shimadzu
Samsung Medison
Hitachi Medical
Genesis Medical Imaging
Carestream Health
Fujifilm Holdings
Fonar Corporation
Toshiba America Medical Systems

*Note: Additional companies can be included on request

The report covers a detailed performance of some of the key players and analysis of major players in the industry, segments, application, and regions. Moreover, the report also considers the government’s policies in different regions which illustrates the key opportunities as well as challenges of the market in each region.

By Application:

Hospitals
Clinic
Research Institute

By Type:

X-Ray Devices
Ultrasound Systems
Computed Tomography (CT) Scanners
Magnetic Resonance Imaging (MRI) Equipment
Nuclear Imaging Equipment

As per the report, the Medical Imaging Equipment market is projected to reach a value of USDXX by the end of 2027 and grow at a CAGR of XX% through the forecast period. The report describes the current market trend of the Medical Imaging Equipment in regions, covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa by focusing the market performance by the key countries in the respective regions. According to the need of the clients, this report can be customized and available in a separate report for the specific region.

You can also go for a yearly subscription of all the updates on Medical Imaging Equipment market.

You can buy the complete report @ https://www.upmarketresearch.com/buy/medical-imaging-equipment-market-research

The following is the TOC of the report:

Executive Summary

Assumptions and Acronyms Used

Research Methodology

Medical Imaging Equipment Market Overview

Medical Imaging Equipment Supply Chain Analysis

Medical Imaging Equipment Pricing Analysis

Global Medical Imaging Equipment Market Analysis and Forecast by Type

Global Medical Imaging Equipment Market Analysis and Forecast by Application

Global Medical Imaging Equipment Market Analysis and Forecast by Sales Channel

Global Medical Imaging Equipment Market Analysis and Forecast by Region

North America Medical Imaging Equipment Market Analysis and Forecast

Latin America Medical Imaging Equipment Market Analysis and Forecast

Europe Medical Imaging Equipment Market Analysis and Forecast

Asia Pacific Medical Imaging Equipment Market Analysis and Forecast

Middle East & Africa Medical Imaging Equipment Market Analysis and Forecast

Competition Landscape

Why you should buy this report?

This report offers a concise analysis of the Medical Imaging Equipment market for the last 5 years with historical data & more accurate prediction for upcoming 6 years on the basis of statistical information.

This report helps you to understand the market components by offering a cohesive framework of the key players and their competition dynamics as well as strategies.

The report is a complete guideline for the clients to arrive an informed business decision since it consists of a detailed information for better understandings of the current & future market situation.

The report also answers some of the key questions given below:

Which end-user is likely to play a crucial role in the development of the Medical Imaging Equipment market?

Which regional market is expected to dominate the Medical Imaging Equipment market in 2020-2026?

How is consumer consumption behavior impacting the business operations of market players in the current scenario of the Medical Imaging Equipment market?

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About Up Market Research (UMR):

We possess expertise in a variety of business intelligence domains. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys.

We invest in our analysts to ensure that we have a full roster of experience and expertise in any field we cover. Our team members are selected for stellar academic records, specializations in technical fields, and exceptional analytical and communication skills. We also provide ongoing training and knowledge sharing to keep our analysts tapped into industry best practices.

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Medical Imaging Equipment Market 2020 Size by Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies and Forecast to 2027

New Jersey, United States,- Market Research Intellect aggregates the latest research on ‘Medical Imaging Equipment Market‘ to provide a concise overview of market valuation, industry size, SWOT analysis, revenue approximation, and regional outlook for this business vertical. The report accurately addresses the major opportunities and challenges faced by competitors in this industry and presents the existing competitive landscape and corporate strategies implemented by the Medical Imaging Equipment market players.

The Medical Imaging Equipment market report gathers together the key trends influencing the growth of the industry with respect to competitive scenarios and regions in which the business has been successful. In addition, the study analyzes the various limitations of the industry and uncovers opportunities to establish a growth process. In addition, the report also includes a comprehensive research on industry changes caused by the COVID-19 pandemic, helping investors and other stakeholders make informed decisions.

 

Key highlights from COVID-19 impact analysis:

  • A summary of the COVID-19 pandemic on the global economy.
  • Fluctuations in the demand and supply chain of the industry.
  • Pre and post-COVID-19 impact on the revenue matrix.

Unveiling a brief about the Medical Imaging Equipment market competitive scope:

  • Carestream Health
  • Fonar
  • Fujifilm
  • GE Healthcare
  • Genesis Medical
  • Hitachi
  • Hologic
  • Philips
  • Samsung
  • Shimadzu
  • Siemens
  • Toshiba

    The report includes pivotal details about the manufactured products, and in-depth company profile, remuneration, and other production patterns.

    The research study encompasses information pertaining to the market share that every company holds, in tandem with the price pattern graph and the gross margins.

    Medical Imaging Equipment Market, By Type

  • X-Ray Device
  • Magnetic Resonance Imaging (MRI) Equipment
  • Nuclear Imaging Equipment
  • Other

    Medical Imaging Equipment Market, By Application

  • Hospitals
  • Clinics
  • Research Institute

    Other important inclusions in the Medical Imaging Equipment market report:

    • Key player players profiled in the Medical Imaging Equipment market
    • The report uncovers the production patterns and remuneration of each company across their territories.
    • In-depth company profile along with remuneration, pricing model, gross margins, and all other financial aspects are given as well.
    • Revenue share and sales volume estimates of each product type are validated in the report.
    • Substantial information concerning the production pattern, growth rate, and market share of each product type over the analysis period are underlined.
    • The research document also divides the Medical Imaging Equipment market based on the application scope.
    • The market share of each application together with their individual growth rate are listed.
    • Insights about the competitive dynamics, along with an analytical review of the industry supply are provided.
    • It further includes Porter’s five forces analysis as well as SWOT analysis to evaluate the feasibility of a new project.

     

    A brief overview of the regional landscape:

    • From a geographical perspective, the Medical Imaging Equipment market is partitioned into

      North America
      o U.S.
      o Canada
      o Mexico
      Europe
      o Germany
      o UK
      o France
      o Rest of Europe
      Asia Pacific
      o China
      o Japan
      o India
      o Rest of Asia Pacific
      Rest of the World

    • Contribution of each regional market, along with their projected growth rate over the evaluation period are contained in the report.
    • Sales amassed, revenue generated, and market share of each geography is also recorded.

    Reasons To Buy:

    • Analyzing the outlook of the market with the recent trends and SWOT analysis
    • Market dynamics scenario, along with growth opportunities of the market in the years to come
    • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
    • Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
    • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
    • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

     

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    Medical Imaging Equipment Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2027

    New Jersey, United States,- The Medical Imaging Equipment Market research report added by Verified Market Research is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market introduction, Medical Imaging Equipment market definition, regional market scope, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Medical Imaging Equipment market size forecast, 100+ market data, Tables, Pie Chart, Graphs and Figures, and many more for business intelligence.

    The Medical Imaging Equipment Market report includes an in-depth analysis of the Medical Imaging Equipment market for the present as well as the forecast period. The report encompasses the competition landscape entailing share analysis of the key players in the Medical Imaging Equipment market based on their revenues and other significant factors. Further, it covers several developments made by the prominent players of the Medical Imaging Equipment market. The Medical Imaging Equipment Market report is a beneficial source of perceptive data for a business approach. It presents the market overview with growth analysis together with historical & futuristic costs. Further identifies the revenue, specifications, company profile, demand, and supply data.

    Global Medical Imaging Equipment Market was valued at USD 35.70 Billion in 2018 and is projected to reach USD 54.38 Billion by 2026, growing at a CAGR of 5.42 % from 2019 to 2026.

    Leading Key players of Medical Imaging Equipment Market are:

  • GE Healthcare
  • Shimadzu Corporation
  • Philips Healthcare
  • Genesis Medical Imaging Hologic Siemens Healthcare
  • Samsung Medison Co.
  • Carestream Health Hitachi Medical Corporation and Fujifilm Holdings Corporation

    Medical Imaging Equipment Market: Competitive Landscape

    This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

    Medical Imaging Equipment Market: Segment Analysis

    The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

    Global Medical Imaging Equipment Market, by Product:

    • X-Ray Devices

    • Ultrasound Systems

    • Computed Tomography (CT) Scanners

    • Magnetic Resonance Imaging (MRI) Equipment

    • Nuclear Imaging Equipment

    Global Medical Imaging Equipment Market, by Technology:

    • X-ray Devices

    • Ultrasound Systems

    • Computer Tomography (CT) Scanners

    • Magnetic Resonance Imaging (MRI) Equipment

    • Nuclear Imaging Equipment

    Medical Imaging Equipment Market: Regional Analysis

    The research report includes a detailed study of regions of North America, Europe, Asia, and South America. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, and Italy)
    Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
    South America (Brazil, Argentina, Colombia, etc.)
    The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

    Why purchase this report

    • The report would provide a comprehensive analysis of the current and future market trends
    • Analysis of both global, regional and country lever markets
    • Key strategic initiatives are taken by major players operating in the Medical Imaging Equipment market along with ranking analysis for the key players
    • Analysis based on historical information along with the current trends to estimate the future of the market
    • Analysis of the impact of constantly changing global market scenarios on the market

     

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    Medical Imaging Equipment Market Size, Trends, Shares, Insights and Forecast 2023

    market-research-report

    According to a new market report published by Persistence Market Research “Global Market Study on Medical Imaging Equipment,” the global medical imaging equipment market was valued at US$ 29.4 Bn in 2015 and is expected to reach US$ 45.3 Bn by 2023, growing at a CAGR of 5.6% during the forecast period from 2015 to 2023.

    Improvement in health care reforms in major countries such as Japan, the U.S., China, and U.K. has enhanced access to various diagnostic and treatment services thereby increasing life expectancy of the population. Rise in geriatric population is expected to intensify the need for healthcare products and services in these countries. Moreover, the rising incidence of diseases across the globe continue to increase the demand for diagnosis equipment, particularly non-invasive imaging solutions.

    Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/11215

    Key participants in global imaging equipment market include, 

    • GE Healthcare,
    • Shimadzu Corporation,
    • Philips Healthcare,
    • Genesis Medical Imaging inc.,
    • Hologic Inc.,
    • Siemens Healthcare,
    • Samsung Medison Co. Ltd,
    • Carestream Health Inc.,
    • Hitachi Medical Corporation,
    • Fujifilm Holdings Corporation,
    • Toshiba Corporation and Fonar Corporation,

    Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/11215

    According to the World Health Organization (WHO), an estimated 17.5 Mn people died due to cardiovascular diseases in 2012, accounting for approximately 31% of global deaths. Moreover, 235 Mn people were diagnosed with asthma across the world in 2014.

    On account of all these factors, the global medical imaging equipment market is expected to grow at a CAGR of 5.6% during the forecast period from 2015 to 2023. The market is driven by the major developed economies of the U.S., Europe, and Asia Pacific. However, emerging markets, particularly, China, India and Brazil are expected to be the fastest growing market in terms of CAGR during the forecast period.

    With a share of more than 30% in 2015, North America was the largest market for medical imaging equipment primarily due to high awareness about medical imaging devices financial capability to purchase expensive machines, rising demand for technologically advanced and innovative products in hospitals, diagnostics laboratories and outpatient ambulatory surgery centers, and high investment in improving healthcare infrastructure.

    Obesity is one of the major causes of several diseases of cardiovascular system that has led to increase in demand for diagnostic imaging in the U.S. According to the Centers for Disease Control and Prevention (CDC), the percentage of obese children aged between 6 years and 11 years increased from 7% in 1980 to 18% in 2012 in the U.S. In addition, increasing healthcare expenditure in the U.S. in recent years has also assisted in dramatic rise in the usage of medical imaging.

    Access Full Report @ https://www.persistencemarketresearch.com/checkout/11215

    Emerging economies such as China, India, Indonesia, Malaysia, Singapore and Thailand are providing much needed boost to the medical imaging equipment market. The Asia Pacific market is driven by demand for refurbished imaging systems as more equipment are needed with less funds dedicated to healthcare budgets. However, demand for new devices that offer superior imaging, speed, flexibility and portability are also being adopted in China and India, countries with the largest market potential.

    Europe was ranked third, in terms of market size, after North America and Asia Pacific. Demand in the region is similar to North America, wherein demand for advanced equipment for all modalities is higher. Western Europe, which includes major economies such as Germany, U.K., France, and Italy, holds a major share in the region.

    Others markets on the global map include Latin America and Middle East & Africa. As the markets in the developed world are becoming saturated, most the market players are focusing on emerging markets in Brazil and member states of Gulf Cooperation Council. Looking at the proximity of Brazil to the U.S., major market players find it convenient to have manufacturing facilities in Brazil.

    Therefore, the Latin America market is poised to grow rapidly. In addition, the government efforts in GCC member states to invest in improving the healthcare infrastructure and promote medical tourism are facilitating the demand for newer medical imaging equipment.

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    Medical Imaging Equipment Services Market to reach US$ 29.3 bn by 2027

    • According to Transparency Market Research’s latest report on the global medical imaging equipment services market for the historical period 2017–2018 and forecast period 2019–2027, Hospital centric business model favoring long term partnerships is projected to drive the global medical imaging equipment services market during the forecast period
    • According to the report, the global medical imaging equipment services market was valued at US$ 21.4 Bn in 2018 and is anticipated to expand at a CAGR of 3.5% from 2019 to 2027

    To know the scope of our report Get a Sample on Medical Imaging Equipment Services Market?

    Hospital centric business model favoring long-term partnerships: Key Drivers

    • Hospitals was the major end-user segment, accounting for over 50% market share in terms of revenue in 2016. Most of the multispecialty hospitals have in-house service engineers.
    • According to investor presentation by Alliance HealthCare Services (Tahoe Investment Group Co., Ltd.), more than 98% of the hospitals outsourced one or more clinical services in 2016
    • The segment is projected to register continuous growth, making it more lucrative for investment by OEMs as well as ISOs
    • According to the U.S. Centers for Medicare & Medicaid Services’ National Health Expenditure Projections, 2016-2025, hospital spending is expected to increase at an average rate of 5.5% till 2025, primarily due to increase in usage and intensity of hospital services by Medicare’s beneficiaries
    • This has driven service providers to increase long-term partnerships for continuous revenue growth
    • In January 2018, Althea Group announced vendor-neutral managed equipment service contract at Taunton and Somerset NHS Foundation Trust for the period of 10 years

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    Technological upgrades in service offerings 

    • The global medical imaging equipment services market is witnessing unprecedented dynamics due to shift toward value based servicing offerings. This has induced market players to focus on technological upgrades in order to stand out from competitors.
    • In March 2018, Canon Medical Systems Corporation (Canon, Inc.) collaborated with the Kumamoto University and the University of Bordeaux for research on Deep Learning Reconstruction (DLR), an Artificial Intelligence (AI)-based technology in magnetic resonance imaging (MRI)
    • In January 2018, Shimadzu Corporation announced the development of new technology that generates tomosynthesis images using coronal section images from a series of X-ray images. The technology is anticipated to be expanded to a range of applicable modalities that use radiography and fluoroscopy principles.
    • These innovative technologies used in imaging modalities are projected to drive the upgrade of current systems. This in turn is likely to propel the global medical imaging equipment services market.
    • Buy this Research Report Now –  https://www.transparencymarketresearch.com/checkout.php?rep_id=14789&ltype=S

     Reducing profit margins on servicing costs to Hamper Market

    • In case of a hospital or diagnostic center which is about to start offering or expanding imaging modality services, in order to ensure the financial security for the entire life time of equipment, costs of services needs to be affordable as well as predictable. This includes costs of system upgrades, maintenance, application support, and staff training.
    • Strong emergence of independent service providers has resulted in increase in the competition, wherein innovations in technologies and solutions and competitive pricing are among key factors affecting competition regarding these products and services. The competition is intense in case of high-volume, low-value modalities such as X ray, ultrasound, and bone densitometry.
    • The competitive pricing is resulting in reduced profit margins of OEMs as well as ISOs, especially in case of refurbished systems
    • For instance, by the end of 2017, GE Healthcare registered a nominal increase in its profits over that in 2016. However, it was partially offset by pricing pressure on health care systems, primarily including imaging modalities.

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    Global Medical imaging equipment services Market: Competitive Landscape

    • This report profiles major players in the global medical imaging equipment services market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
    • The global medical imaging equipment services market is highly fragmented, with the presence of a number of international as well as regional players
    • Leading players operating in the global medical imaging equipment services market are
      • Agfa-Gevaert Group
      • Althea Group
      • Canon Medical Systems Corporation (Canon Inc.)
      • Carestream Health (ONEX Corporation)
      • GE Healthcare (General Electric Company)
      • Hitachi, Ltd.
      • Hologic, Inc
      • Koninklijke Philips N.V.
      • Shimadzu Corporation
      • Siemens Healthineers AG
      • Universal Hospital Services, Inc.

    Global Medical imaging equipment services Market: Key Developments

    Key players in the global medical imaging equipment services market are engaged in integration of medical IT systems with high-end modalities, technologically advanced products, launch of new products, and acquisition & collaborative agreements with other companies. These strategies are likely to fuel the growth of the global medical imaging equipment services market. A few expansion strategies adopted by players operating in the global medical imaging equipment services market are:

    • In March 2018, Koninklijke Philips N.V. announced the launch of new breakthrough digital imaging and health care informatics solutions for advanced planning, visualization, and software quantification tools as well as rapid MRI processing
    • In September 2016, MAGiC (MAGnetic resonance image Compilation) software introduced by GE Healthcare received approval from the FDA, thereby becoming the first contrast MRI technique to deliver contrast in a single acquisition.

    The report on the global medical imaging equipment services market discussed individual strategies, followed by company profiles of manufacturers of medical imaging equipment services. The competitive landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global medical imaging equipment services market.

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    2025 Projections: Medical Imaging Equipment Market Report By Type, Application And Regional Outlook

    Up Market Research (UMR), a prominent market research firm in its own industry, has published a detailed report on Global Medical Imaging Equipment Market. This market research report provides comprehensive and in-depth analysis on the market which can possibly help an enterprise to identify lucrative opportunities and assist them with fabricating creative business strategies. The market report provides information about the current market scenario regarding the global supply and demand, key market trends and opportunities in the market, and challenges and threats faced by the industry players.

    The Medical Imaging Equipment market report talks about the competitive scenario among the industry players and imparts aspiring and emerging industry players with the future market insights in a detailed manner. This market report includes crucial data and figures which are structured out in a concise yet understandable manner. The research report covers the updates on the government regulations and policies which illustrates key opportunities and challenges of the market. Up Market Research (UMR) has been monitoring the market since few years and collaborated with eminent players of the industry to give better insights on the market. It has conducted vigorous research and implied robust methodology to provide accurate predictions about the market.

    You can buy the complete report on @ https://www.upmarketresearch.com/buy/medical-imaging-equipment-market-research

    Impacts of Advancements and COVID-19 on the market.

    Amidst the COVID-19, few segments of the market have witnessed a disruption due to the gap in supply and demand which has impacted the growth of the Medical Imaging Equipment market. Along with this, the latest advancements have changed the market dynamics of the market. This research report covers the wide-range analysis of the COVID-19 impact to the industry and gives out insights on the change in the market scenario due to the advancements.

    Get A Free Sample Report @ https://www.upmarketresearch.com/home/requested_sample/41664

    Market Segmentation

    Some of the major companies that are covered in the report.

    Philips Healthcare
    GE Healthcare
    Siemens Healthcare
    Hologic
    Shimadzu
    Samsung Medison
    Hitachi Medical
    Genesis Medical Imaging
    Carestream Health
    Fujifilm Holdings
    Fonar Corporation
    Toshiba America Medical Systems

    Note: Additional companies

    Based on the type, the market is segmented into

    X-Ray Devices
    Ultrasound Systems
    Computed Tomography (CT) Scanners
    Magnetic Resonance Imaging (MRI) Equipment
    Nuclear Imaging Equipment

    Based on the application, the market is segregated into

    Hospitals
    Clinic
    Research Institute

    Based on the geographical location, the market is segregated into

    Asia Pacific: China, Japan, India, and Rest of Asia Pacific
    Europe: Germany, the UK, France, and Rest of Europe
    North America: The US, Mexico, and Canada
    Latin America: Brazil and Rest of Latin America
    Middle East & Africa: GCC Countries and Rest of Middle East & Africa

    Up Market Research (UMR) provides yearly updates on the Medical Imaging Equipment market that assist the clients to stay ahead in the competitive space.

    Why one should buy this Medical Imaging Equipment Report?

    The market research report provides all valuable constituents of the market such as revenue growth, product pricing & analysis, growth potential, and guidelines to tackle the challenges in the market. The report covers all the crucial mergers & acquisitions, partnerships, and collaborations that created further created opportunities or in some cases, challenges for the industry players.

    This report includes latest product news, advancements, and updates from the prominent player of the industry that has leveraged their position in the market. It also provides business strategies implemented by the key players and yardstick to arrive on informed business decisions. Moreover, it gives insights on the consumer behavior patterns that can help the enterprise to curate the business strategies accordingly.

    Up Market Research (UMR) bestows the clients with the specialized customized options related to the regional analysis, company analysis, and product analysis, among others.

    Complete Table Content of the Market

    Executive Summary

    Assumptions and Acronyms Used

    Research Methodology

    Medical Imaging Equipment Market Overview

    Medical Imaging Equipment Supply Chain Analysis

    Medical Imaging Equipment Pricing Analysis

    Global Medical Imaging Equipment Market Analysis and Forecast by Type

    Global Medical Imaging Equipment Market Analysis and Forecast by Application

    Global Medical Imaging Equipment Market Analysis and Forecast by Sales Channel

    Global Medical Imaging Equipment Market Analysis and Forecast by Region

    North America Medical Imaging Equipment Market Analysis and Forecast

    Latin America Medical Imaging Equipment Market Analysis and Forecast

    Europe Medical Imaging Equipment Market Analysis and Forecast

    Asia Pacific Medical Imaging Equipment Market Analysis and Forecast

    Middle East & Africa Medical Imaging Equipment Market Analysis and Forecast

    Competition Landscape

    If you have any questions on this report, please reach out to us @ https://www.upmarketresearch.com/home/enquiry_before_buying/41664

    About the Company

    Up Market Research (UMR) is the largest aggregator of the market research report in the industry with more than 800 global clients. The company has extensively invested in the research analysts training and programs to keep the analyst tapped with the best industry standards and provide the clients with the utmost experience. Our dedicated team has been collaborating with the industry experts to give out the precise data and figures related to the industry. It conducts primary research, secondary research, and consumer surveys to provide an in-depth analysis of the market. The market research firm has worked in several business verticals and has been successful to earn high credentials over the time.

    Contact Info –
    UpMarketResearch
    Name – Alex Mathews
    Email[email protected]
    Websitehttps://www.upmarketresearch.com
    Address – 500 East E Street, Ontario, CA 91764, United States.

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    Medical Imaging Equipment Market Demand & Future Scope Including Top Players

    Medical Imaging Equipment Market

    The global Medical Imaging Equipment Market Report 2020 was prepared to provide the market landscape and unlimited guidelines for the current market size, market share, driving factors, Trends, progressive growth and the dominant players of the Medical Imaging Equipment Market . The report provides top manufacturers, distributors, dealers and dealers with general information about the market. It will help you to understand the product scope, the market overview, the driving force of the market, technological progress, market risk, opportunities and research results.

    Market Report world has monitored the Medical Imaging Equipment Market for the new Research Areas industrial market Global Medical Imaging Equipment Market was valued at USD 35.70 Billion in 2018 and is projected to reach USD 54.38 Billion by 2026, growing at a CAGR of 5.42 % from 2019 to 2026.

    Our Reports on the Medical Imaging Equipment Market for the new Research Areas industrial market offer a holistic analysis, market size and forecast, Trends, growth drivers and challenges as well as a supplier analysis for about 25 suppliers.

    To request an exclusive sample report for Medical Imaging Equipment Market : https://www.verifiedmarketresearch.com/download-sample/?rid=10372&utm_source=PFS&utm_medium=001

    Global Medical Imaging Equipment Market research to 2020 provides a basic Overview of the industry including definitions, classifications, applications and structure of the industrial chain. The global Medical Imaging Equipment Market report is provided for international markets as well as for development trends, competitive landscape analyses and the development status of key regions. Development policies and plans are discussed and manufacturing processes and cost structures analyzed. This report also includes information on import / Export consumption, supply and demand, costs, Price, Sales and gross margins.

    List of the top key players of the Medical Imaging Equipment Market :

  • GE Healthcare
  • Shimadzu Corporation
  • Philips Healthcare
  • Genesis Medical Imaging Hologic Siemens Healthcare
  • Samsung Medison Co.
  • Carestream Health Hitachi Medical Corporation and Fujifilm Holdings Corporation
  •  

    COVID-19 can influence the global economy in three ways: by directly influencing production and demand, by creating supply chain and market disruptions, and by having a financial impact on businesses and financial markets. The eruption of COVID-19 has implications for many aspects such as flight cancellations. Travel bans and quarantines; Restaurants closed; all Indoor Events restricted; over forty countries declared a state of emergency; massive supply chain slowdown; stock market volatility; falling business confidence, growing panic in the population and uncertainty about the future.

    This report examines the global Medical Imaging Equipment Market and analyses and examines the IoT in Education development status and forecast in the US, EU, Japan, China, India and Southeast Asia. This report focuses on the highest players in the global Medical Imaging Equipment Market .

     

    Ask For Discount @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=10372&utm_source=PFS&utm_medium=001

     

    The scope of the report covers all major system technologies currently being implemented in the global IoT in Education industry. Market values are supported the Top User (public and private) supports the production of IoT in Education systems. Medical Imaging Equipment Market manufacturers place orders as soon as they receive work orders from Medical Imaging Equipment Market operators. Therefore, market figures are derived from the perspective of the top users taking into account their orders (Medical Imaging Equipment Market operator) for the Medical Imaging Equipment Market .

    With this report, you can identify the opportunities in the Medical Imaging Equipment Market by Region:

    – North America (USA, Canada and Mexico)

    – Europe (Germany, Great Britain, France, Italy, Russia and Turkey etc.)

    – Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia and Vietnam))

    -South America (Brazil, etc.)

    – The Middle East and Africa (North Africa and GCC countries)

     

    The Medical Imaging Equipment Market was created on the basis of an in-depth market analysis with contributions from industry experts. The report covers the growth prospects in the coming years and the discussion of the main providers.

    Medical Imaging Equipment Market Dynamics:

    Market drivers

    Increasing deforestation due to increasing demand for increasing raw materials

    For a full, detailed list, see our report

     

    Market Challenge

    Risks associated with the use of IoT in Education

    For a full, detailed list, see our report

     

    Market Trend

    Increasing consumer preference for IoT in Education
    For a full, detailed list, see our report

    The global market research report of IoT in Education industry 2020 is distributed over several pages and contains exclusive Statistics, data, information, Medical Imaging Equipment Market trends and details of the competitive landscape in this niche sector.

    To understand how the effects of COVID-19 are addressed in this report. A sample copy of the report is available at – https://www.verifiedmarketresearch.com/product/medical-imaging-equipment-market/?utm_source=PFS&utm_medium=001

    Research objectives of the Medical Imaging Equipment Market report:

    -To analyze IoT in Education consumption (value and volume), product type and Application, History data from 2015 to 2020 and forecast.

    -To understand the structure of the Medical Imaging Equipment Market , identify the different sub-segments.

    – Focuses on the most important IoT in Education manufacturers to define, describe and analyze sales volume, value, market share, market competition landscape, STREBER analysis and development plans in the coming years.

    – To analyze the Medical Imaging Equipment Market taking into account individual growth trends, future prospects and their contribution to the overall market

    – Detailed information on the key factors influencing the Expansion of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    – To analyze competitive developments such as extensions, agreements, product launches and acquisitions within the company

    – To strategically profile the main players and to comprehensively analyse their growth strategies.

    The report also focuses on the world’s leading industry players in the global Medical Imaging Equipment Market , providing information such as company profiles, product images and specifications, capacity, production, price, cost, revenue and contacting information. In addition, upstream raw materials and equipment as well as downstream demand analyses are managed. The global Medical Imaging Equipment Market development trends and market channels are analyzed. Finally, the feasibility of the latest investment projects is evaluated and general research results are offered. With tables and figures to help analyze the global Medical Imaging Equipment Market , this study provides important statistics on the state of the industry and can be a valuable guide and guidance for companies and individuals who are curious about the market.

    Reason for buying Medical Imaging Equipment Market report:

    – This report provides a pinpoint analysis of the change in competitive dynamics

    – Medical Imaging Equipment Market provides a forward-looking perspective on various factors that drive or inhibit market growth.

    – It includes a six-year forecast, which is assessed on the basis of expected market growth

    – Better understanding of the effects of specific conditions on the prevailing population of the Medical Imaging Equipment Market .

    – To understand the most important product segments and their future

    – Transfer of more accurate information for clinical trials to determine research size and realistic recruitment for different countries

    – Medical Imaging Equipment Market helps with sound business decisions by having complete insights into the market and analyzing market segments in depth

    -To provide distinctive graphics and exemplary STREBER analysis of the most important market segments

    About us:

    Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.

    Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.

    Contact us:

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    Email: [email protected]

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    Medical Imaging Equipment Market Demand (2020-2027) | Covering Products, Financial Information, Developments, Swot Analysis And Strategies | UpMarketResearch

    Up Market Research (UMR), a prominent market research firm in its own industry, has published a detailed report on Global Medical Imaging Equipment Market. This market research report provides comprehensive and in-depth analysis on the market which can possibly help an enterprise to identify lucrative opportunities and assist them with fabricating creative business strategies. The market report provides information about the current market scenario regarding the global supply and demand, key market trends and opportunities in the market, and challenges and threats faced by the industry players.

    The Medical Imaging Equipment market report talks about the competitive scenario among the industry players and imparts aspiring and emerging industry players with the future market insights in a detailed manner. This market report includes crucial data and figures which are structured out in a concise yet understandable manner. The research report covers the updates on the government regulations and policies which illustrates key opportunities and challenges of the market. Up Market Research (UMR) has been monitoring the market since few years and collaborated with eminent players of the industry to give better insights on the market. It has conducted vigorous research and implied robust methodology to provide accurate predictions about the market.

    You can buy the complete report on @ https://www.upmarketresearch.com/buy/medical-imaging-equipment-market-2019

    Impacts of Advancements and COVID-19 on the market.

    Amidst the COVID-19, few segments of the market have witnessed a disruption due to the gap in supply and demand which has impacted the growth of the Medical Imaging Equipment market. Along with this, the latest advancements have changed the market dynamics of the market. This research report covers the wide-range analysis of the COVID-19 impact to the industry and gives out insights on the change in the market scenario due to the advancements.

    Get A Free Sample Report @ https://www.upmarketresearch.com/home/requested_sample/69592

    Market Segmentation

    Some of the major companies that are covered in the report.

    Philips
    GE Healthcare
    Siemens
    Hologic
    Shimadzu
    Samsung
    Hitachi
    Genesis Medical
    Carestream Health
    Fujifilm
    Fonar
    Toshiba

    Note: Additional companies

    Based on the type, the market is segmented into

    X-Ray Device
    Magnetic Resonance Imaging (MRI) Equipment
    Nuclear Imaging Equipment
    Other

    Based on the application, the market is segregated into

    Hospitals
    Clinics
    Research Institute

    Based on the geographical location, the market is segregated into

    Asia Pacific: China, Japan, India, and Rest of Asia Pacific
    Europe: Germany, the UK, France, and Rest of Europe
    North America: The US, Mexico, and Canada
    Latin America: Brazil and Rest of Latin America
    Middle East & Africa: GCC Countries and Rest of Middle East & Africa

    Up Market Research (UMR) provides yearly updates on the Medical Imaging Equipment market that assist the clients to stay ahead in the competitive space.

    Why one should buy this Medical Imaging Equipment Report?

    The market research report provides all valuable constituents of the market such as revenue growth, product pricing & analysis, growth potential, and guidelines to tackle the challenges in the market. The report covers all the crucial mergers & acquisitions, partnerships, and collaborations that created further created opportunities or in some cases, challenges for the industry players.

    This report includes latest product news, advancements, and updates from the prominent player of the industry that has leveraged their position in the market. It also provides business strategies implemented by the key players and yardstick to arrive on informed business decisions. Moreover, it gives insights on the consumer behavior patterns that can help the enterprise to curate the business strategies accordingly.

    Up Market Research (UMR) bestows the clients with the specialized customized options related to the regional analysis, company analysis, and product analysis, among others.

    Complete Table Content of the Market

    Executive Summary

    Assumptions and Acronyms Used

    Research Methodology

    Medical Imaging Equipment Market Overview

    Medical Imaging Equipment Supply Chain Analysis

    Medical Imaging Equipment Pricing Analysis

    Global Medical Imaging Equipment Market Analysis and Forecast by Type

    Global Medical Imaging Equipment Market Analysis and Forecast by Application

    Global Medical Imaging Equipment Market Analysis and Forecast by Sales Channel

    Global Medical Imaging Equipment Market Analysis and Forecast by Region

    North America Medical Imaging Equipment Market Analysis and Forecast

    Latin America Medical Imaging Equipment Market Analysis and Forecast

    Europe Medical Imaging Equipment Market Analysis and Forecast

    Asia Pacific Medical Imaging Equipment Market Analysis and Forecast

    Middle East & Africa Medical Imaging Equipment Market Analysis and Forecast

    Competition Landscape

    If you have any questions on this report, please reach out to us @ https://www.upmarketresearch.com/home/enquiry_before_buying/69592

    About the Company

    Up Market Research (UMR) is the largest aggregator of the market research report in the industry with more than 800 global clients. The company has extensively invested in the research analysts training and programs to keep the analyst tapped with the best industry standards and provide the clients with the utmost experience. Our dedicated team has been collaborating with the industry experts to give out the precise data and figures related to the industry. It conducts primary research, secondary research, and consumer surveys to provide an in-depth analysis of the market. The market research firm has worked in several business verticals and has been successful to earn high credentials over the time.

    Contact Info –
    UpMarketResearch
    Name – Alex Mathews
    Email[email protected]
    Websitehttps://www.upmarketresearch.com
    Address – 500 East E Street, Ontario, CA 91764, United States.

    Categories
    Analysis Forecast Market Price Analysis News

    Medical Imaging Equipment Market by Product, Delivery mode and End User | COVID-19 Impact Analysis

    According to a new market report published by Persistence Market Research “Global Market Study on Medical Imaging Equipment,” the global medical imaging equipment market was valued at US$ 29.4 Bn in 2015 and is expected to reach US$ 45.3 Bn by 2023, growing at a CAGR of 5.6% during the forecast period from 2015 to 2023.

    Improvement in health care reforms in major countries such as Japan, the U.S., China, and U.K. has enhanced access to various diagnostic and treatment services thereby increasing life expectancy of the population. Rise in geriatric population is expected to intensify the need for healthcare products and services in these countries. Moreover, the rising incidence of diseases across the globe continue to increase the demand for diagnosis equipment, particularly non-invasive imaging solutions.

    Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/11215

    Key participants in global imaging equipment market include, 

    • GE Healthcare,
    • Shimadzu Corporation,
    • Philips Healthcare,
    • Genesis Medical Imaging inc.,
    • Hologic Inc.,
    • Siemens Healthcare,
    • Samsung Medison Co. Ltd,
    • Carestream Health Inc.,
    • Hitachi Medical Corporation,
    • Fujifilm Holdings Corporation,
    • Toshiba Corporation and Fonar Corporation,

    Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/11215

    According to the World Health Organization (WHO), an estimated 17.5 Mn people died due to cardiovascular diseases in 2012, accounting for approximately 31% of global deaths. Moreover, 235 Mn people were diagnosed with asthma across the world in 2014.

    On account of all these factors, the global medical imaging equipment market is expected to grow at a CAGR of 5.6% during the forecast period from 2015 to 2023. The market is driven by the major developed economies of the U.S., Europe, and Asia Pacific. However, emerging markets, particularly, China, India and Brazil are expected to be the fastest growing market in terms of CAGR during the forecast period.

    With a share of more than 30% in 2015, North America was the largest market for medical imaging equipment primarily due to high awareness about medical imaging devices financial capability to purchase expensive machines, rising demand for technologically advanced and innovative products in hospitals, diagnostics laboratories and outpatient ambulatory surgery centers, and high investment in improving healthcare infrastructure.

    Obesity is one of the major causes of several diseases of cardiovascular system that has led to increase in demand for diagnostic imaging in the U.S. According to the Centers for Disease Control and Prevention (CDC), the percentage of obese children aged between 6 years and 11 years increased from 7% in 1980 to 18% in 2012 in the U.S. In addition, increasing healthcare expenditure in the U.S. in recent years has also assisted in dramatic rise in the usage of medical imaging.

    Access Full Report @ https://www.persistencemarketresearch.com/checkout/11215

    Emerging economies such as China, India, Indonesia, Malaysia, Singapore and Thailand are providing much needed boost to the medical imaging equipment market. The Asia Pacific market is driven by demand for refurbished imaging systems as more equipment are needed with less funds dedicated to healthcare budgets. However, demand for new devices that offer superior imaging, speed, flexibility and portability are also being adopted in China and India, countries with the largest market potential.

    Europe was ranked third, in terms of market size, after North America and Asia Pacific. Demand in the region is similar to North America, wherein demand for advanced equipment for all modalities is higher. Western Europe, which includes major economies such as Germany, U.K., France, and Italy, holds a major share in the region.

    Others markets on the global map include Latin America and Middle East & Africa. As the markets in the developed world are becoming saturated, most the market players are focusing on emerging markets in Brazil and member states of Gulf Cooperation Council. Looking at the proximity of Brazil to the U.S., major market players find it convenient to have manufacturing facilities in Brazil.

    Therefore, the Latin America market is poised to grow rapidly. In addition, the government efforts in GCC member states to invest in improving the healthcare infrastructure and promote medical tourism are facilitating the demand for newer medical imaging equipment.