Medical imaging equipment are of various types namely, x-ray devices, computed tomography (CT) scanners, magnetic resonance imaging (MRI) scanners, ultrasound devices and nuclear imaging scanners. Among all these, X-ray devices are oldest in terms of their existence in the market, having high popularity amongst patient population of various developing nations such as Mexico and Brazil. Launch of various technologically advanced x-ray devices such as C-arm, has sustained its usage by radiologist in different critical medical conditions of patients. Additionally, technological advancement in the technology such as tomosynthesis for breast imaging, helps grow x-ray market.
The market for nuclear imaging equipment is expected to grow over a CAGR of 10% from 2016 to 2021. This high growth rate is attributed to its efficiency in diagnosing complex medical conditions precisely. Also, PET (a type of nuclear imaging equipment) is safe to use as it is free from any harmful rays, which increases its demand by the radiologist. Moreover, various companies are entering to manufacture nuclear imaging equipment that further propels the growth of nuclear imaging equipment.
Rising incidences of critical and chronic diseases such as cancer and cardiovascular diseases (CVDs) enhances the usage of medical imaging equipment in order to provide early diagnosis and thus treatment. According to the World Health Organization (WHO), number of new cases of cancer is anticipated to increase by around 70% over the next two decades. Also, launch of technologically advanced imaging equipment will further enhance the growth of medical imaging equipment market during the forecast period.
Asia-Pacific and LATAM regions are projected to be the most attractive market for the growth of medical imaging equipment industry. This is owing to increasing disposable income of the population that in turn increases affordability by patient population to avail imaging facilities. Also, improving government initiatives in the countries such as China and Malaysia would further enhance the growth of imaging equipment market in the region.
Medical imaging equipment market is consolidated in nature, majorly ruled by few players namely GE Healthcare, Philips Healthcare and Siemens Healthcare. Other players but not limited to, operating in medical imaging equipment market include Carestream Health, Fonar Corporation, Hitachi Medical Corporation, Samsung Medison Co. Ltd., Shimadzu Corporation and Toshiba America Medical Systems, Inc.
1.1. Report description
1.2. Research methods
1.3. Research approaches
2. Executive summary
3. Global medical imaging market Overview
3.2. Market dynamics
3.3. Porter’s five forces analysis
3.4. IGR-Growth Matrix analysis
3.5. Competitive landscape in the medical imaging market, 2013 - 2014
3.6. Regulatory aspects in medical imaging market by region
3.6.1. North America
4. Global medical imaging Market Analysis, by equipment (USD million) 2014 - 2021
4.1. X-ray devices
4.2. Computed tomography (CT) scanners
4.3. Magnetic resonance imaging (MRI) scanners
4.4. Ultrasound devices
4.5. Nuclear imaging scanners
5. Global Medical imaging Market Analysis, Regional Analysis (USD million) 2014 - 2021
5.1. North America
5.1.1. North America Medical imaging market by equipment (USD million)
5.1.2. North America Medical imaging market by country (USD million)
5.2.1. Europe Medical imaging market by equipment (USD million)
5.2.2. Europe Medical imaging market by country (USD million)
5.3. Asia Pacific
5.3.1. Asia Pacific Medical imaging market by equipment (USD million)
5.3.2. Asia Pacific Medical imaging market by country (USD million)
5.4. Latin America
5.4.1. Latin America Medical imaging market by equipment (USD million)
5.4.2. Latin America Medical imaging market by country (USD million)
5.5. Rest of the World (RoW)
5.5.1. RoW Medical imaging market by equipment (USD million)
5.5.2. RoW Medical imaging market by country (USD million)
6. Company profiles
6.1. GE Healthcare
6.2. Philips Healthcare
6.3. Siemens Healthcare
6.4. Carestream Health
6.5. Fonar Corporation
6.6. Hitachi Medical Corporation
6.7. Samsung Medison Co. Ltd.
6.8. Shimadzu Corporation
6.9. Toshiba America Medical Systems, Inc.
6.10. Fujifilm Corporation
- Fonar Corporation
- GE Healthcare
- Hitachi Medical Corporation
- Philips Healthcare
- Samsung Medison Co. Ltd.
- Shimadzu Corporation
- Siemens Healthcare
- Toshiba America Medical Systems, Inc.