Global Medical Imaging Market 2017-2021

  • ID: 4042730
  • Report
  • Region: Global
  • 158 pages
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FEATURED COMPANIES

  • Accuray
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  • EOS imaging
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  • Neurologica
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About Medical Imaging

body for clinical analysis and medical intervention. Medical imaging is performed to reveal the internal structures hidden by the skin and bones to examine and diagnose the medical condition. It plays a vital role not only in diagnosis but also in the treatment process as it is taken into consideration during the follow-up of various diseases. Various methods for medical imaging include X-rays, SPECT/PET, ultrasound, CT, and MRI. For the diagnosis and treatment of various diseases, these methods are used individually or in combination for a better understanding of the medical condition.

The analysts forecast the global medical imaging market to grow at a CAGR of 4.95% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global medical imaging market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of medical imaging equipment by product type such as:
- MRI
- CT Scanners
- X-rays
- Single-photon emission computed tomography (SPECT) and positron emission tomography (PET)
- Ultrasound

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Medical Imaging Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors:
- Fujifilm
- GE Healthcare
- Hitachi Medical
- Philips Healthcare
- Siemens Healthcare
- Toshiba Medical Systems

Other prominent vendors:
- Accuray
- Accutome
- Alpinion Medical Systems
- Analogic Corporation
- ASAHI Roentgen
- BenQ Medical Technology
- Shenzhen Bestman Instrument
- BMV Technology
- Boston Scientific
- Brain Biosciences
- BrainLab
- Bruker
- Capintec
- Carestream Health
- Cephasonics
- Chison
- CMR Naviscan
- ContextVision
- CurveBeam
- DDD-Diagnostic
- Delphinus Medical Technologies
- Ecare
- EOS imaging
- Esaote SpA
- Fuel 3D Technologies
- Gendex
- GlobalMed
- Guangzhou Yueshen Medical Equipment
- Healcerion
- Hologic
- Imaging Sciences International
- Insightec
- Intelerad Medical System
- Intrasense SAS
- J. Morita Corporation
- Jiangsu TongRen Medical Electronic Technology
- Konica Minolta
- MedGyn
- Mediso
- Mindray Medical International Limited
- Mithil Scans
- Mobisante
- NanoVibronix
- Neurologica
- NeuSoft
- Planmeca Oy
- Samsung Medison America
- Shimadzu Corporation
- Sirona
- Sonostar
- Sophie Biosciences
- SOREDEX
- St. Jude Medical
- Sterne Medical
- Telemed
- TomTec Imaging Systems GmbH
- Trivitron Healthcare
- Viking Systems
- Wuhan Tianyi Electronic
- Xoran
- Zhuhai Carelife Medical Technology
- Zonare Medical Systems
- Zoncare

Market drivers
- Growing government initiatives coupled with funding and partnership with equipment manufacturers
- For a full, detailed list, view the full report

Market challenges
- Growing end-users' preference toward refurbished equipment
- For a full, detailed list, view the full report

Market trends
- Growing demand for portable imaging equipment
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Accuray
  • Bruker
  • EOS imaging
  • Insightec
  • Neurologica
  • SOREDEX
  • MORE
Part 01: Executive summary

Part 02: Scope of the report

Market overview
Vendors
Top-vendor offerings

Part 03: Market research methodology

Research methodology
Economic indicators

Part 04: Introduction

Key market highlights
Medical imaging: An overview
Market snapshot

Part 05: Market landscape

Market overview
Market size and forecast
Five forces analysis

Part 06: Market segmentation by product

Global general X-ray imaging market
Global ultrasound imaging market
Global MRI imaging market
Global CT scanner imaging market
Global SPECT/PET imaging market

Part 07: Market segmentation by application

Medical imaging in obstetrics and gynecology
Medical imaging in radiology
Medical imaging in cardiology
Medical imaging in orthopedic disorders
Medical imaging in neurology
Medical imaging in other therapy areas (abdominal, urology, ocular, procedural guidance studies, hepatology, anesthesiology, emergency care and others)

Part 08: Market segmentation by end-user
Hospitals
Diagnostic centers
Research centers
Homecare

Part 09: Market segmentation by size

Bulky/stationary/cart-wheel based medical imaging equipment
Handheld/portable

Part 10: Geographical segmentation

Market overview
Medical imaging market in Americas
Medical imaging market in EMEA
Medical imaging market in APAC

Part 11: Market drivers

Growing government initiatives coupled with funding and
Partnerships with equipment manufacturers
Broader applications of medical imaging
Technological advancements in diagnostic imaging modalities
Upgradation of analog X-ray radiography to digital radiography
Increased need for early diagnosis and preventive medicine

Part 12: Impact of drivers

Part 13: Market challenges

Product recalls
Growing end-users' preference toward refurbished equipment
High installation and maintenance costs
Market entry barriers for new companies

Part 14: Impact of drivers and challenges

Part 15: Market trends

Growing demand for portable imaging equipment
Strategic initiatives
New product launches and approvals
Growing importance of tele-imaging
Growing demand for multimodality/hybrid medical imaging equipment
Inclination toward homecare

Part 16: Vendor landscape

Competitive scenario
Key news
Mergers & acquisitions

Part 17: Key vendor analysis

Geographic presence of key vendors
Fujifilm
GE Healthcare
Hitachi Medical
Philips Healthcare
Siemens Healthcare
Toshiba Medical Systems
Other prominent vendors

Part 18: Appendi

List of abbreviation

Part 19: About the Author

List of Exhibits
Exhibit 01: Key countries

Exhibit 02: Product offerings

Exhibit 03: Snapshot of global medical imaging market

Exhibit 04: Key buying criteria for medical imaging equipment

Exhibit 05: Buying criteria for medical imaging equipment

Exhibit 06: Global medical imaging market growth perspectives: Developed and emerging markets

Exhibit 07: Global medical imaging market 2017-2021 ($ billions)

Exhibit 08: Opportunity analysis of global medical imaging market

Exhibit 09: Five forces analysis

Exhibit 10: Global medical imaging market by product type 2016 and 2021 (% share)

Exhibit 11: Global medical imaging market segmentation by product type 2017-2021 (% share)

Exhibit 12: Global general X-ray imaging market 2016-2021 ($ billions)

Exhibit 13: Global ultrasound imaging market 2016-2021 ($ billions)

Exhibit 14: Global MRI imaging market 2016-2021 ($ billions)

Exhibit 15: Global CT Scanner imaging market 2016-2021 ($ billions)

Exhibit 16: Global SPECT/PET imaging market 2016-2021 ($ billions)

Exhibit 17: Global medical imaging market segmentation by application 2016

Exhibit 18: Global medical imaging market segmentation by end-user 2016

Exhibit 19: Global medical imaging market segmentation by size 2016

Exhibit 20: Global medical imaging market segmentation by geography 2016 and 2021 (% share)

Exhibit 21: Global medical imaging market segmentation by percentage share 2016-2021

Exhibit 22: Snapshot of global medical imaging market by geography 2016 and 2021

Exhibit 23: Medical imaging market in Americas

Exhibit 24: Global medical imaging market: Revenue/growth outlook in different regions/countries 2016

Exhibit 25: Medical imaging market in Americas 2016-2021 ($ billions)

Exhibit 26: Medical imaging market in EMEA

Exhibit 27: Medical imaging market in EMEA 2016-2021 ($ billions)

Exhibit 28: Medical imaging market in APAC

Exhibit 29: Medical imaging market in APAC 2016-2021 ($ billions)

Exhibit 30: Popular medical imaging equipment used in various therapy areas

Exhibit 31: List of major hospitals upgraded from analog to digital X-ray systems in North America

Exhibit 32: Survival rates based on early diagnosis of breast cancer

Exhibit 33: Impact of drivers

Exhibit 34: Major product recalls

Exhibit 35: Impact of drivers and challenges

Exhibit 36: Examples of portable X-ray systems

Exhibit 37: Major acquisitions witnessed in medical imaging market

Exhibit 38: Major strategic collaborations witnessed in global medical imaging market

Exhibit 39: Recent product launches/approvals of medical imaging equipment

Exhibit 40: Presence of vendors in global medical imaging market 2016

Exhibit 41: Percentage share of vendors in global medical imaging market 2016

Exhibit 42: Regional analysis of key vendors

Exhibit 43: Fujifilm profile

Exhibit 44: Fujifilm strength assessment

Exhibit 45: Fujifilm strategy assessment

Exhibit 46: Fujifilm opportunity assessment

Exhibit 47: GE Healthcare profile

Exhibit 48: GE Healthcare strength assessment

Exhibit 49: GE Healthcare strategy assessment

Exhibit 50: GE Healthcare opportunity assessment

Exhibit 51: Hitachi Medical profile

Exhibit 52: Hitachi Medical Systems strength assessment

Exhibit 53: Hitachi Medical Systems strategy assessment

Exhibit 54: Hitachi Medical Systems opportunity assessment

Exhibit 55: Philips Healthcare profile

Exhibit 56: Philips Healthcare strength assessment

Exhibit 57: Philips Healthcare strategy assessment

Exhibit 58: Philips Healthcare opportunity assessment

Exhibit 59: Siemens Healthcare profile

Exhibit 60: Siemens Healthcare strength assessment

Exhibit 61: Siemens Healthcare strategy assessment

Exhibit 62: Siemens Healthcare opportunity assessment

Exhibit 63: Toshiba Medical Systems profile

Exhibit 64: Toshiba Medical Systems strength assessment

Exhibit 65: Toshiba Medical Systems strategy assessment

Exhibit 66: Toshiba Medical Systems opportunity assessment
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FEATURED COMPANIES

  • Accuray
  • Bruker
  • EOS imaging
  • Insightec
  • Neurologica
  • SOREDEX
  • MORE
New Report Released: – Global Medical Imaging Market 2017-2021

The author of the report recognizes the following companies as the key players in the global medical imaging market: Fujifilm, GE Healthcare, Hitachi Medical, Philips Healthcare, Siemens Healthcare, and Toshiba Medical Systems

Other Prominent Vendors in the market are: Accuray, Accutome, Alpinion Medical Systems, Analogic Corporation, ASAHI Roentgen, BenQ Medical Technology, Shenzhen Bestman Instrument, BMV Technology, Boston Scientific, Brain Biosciences, BrainLab, Bruker, Capintec, Carestream Health, Cephasonics, Chison, CMR Naviscan, ContextVision, CurveBeam, DDD-Diagnostic, Delphinus Medical Technologies, Ecare, EOS imaging, Esaote SpA, Fuel 3D Technologies, Gendex, GlobalMed, Guangzhou Yueshen Medical Equipment, Healcerion, Hologic, Imaging Sciences International, Insightec, Intelerad Medical System, Intrasense SAS, J. Morita Corporation, Jiangsu TongRen Medical Electronic Technology, Konica Minolta, MedGyn, Mediso, Mindray Medical International, Mithil Scans, Mobisante, NanoVibronix, Neurologica, NeuSoft, Planmeca Oy, Samsung Medison America, Shimadzu Corporation, Sirona, Sonostar, Sophie Biosciences, SOREDEX, St. Jude Medical, Sterne Medical, Telemed, TomTec Imaging Systems GmbH, Trivitron Healthcare, Viking Systems, Wuhan Tianyi Electronic, Xoran, Zhuhai Carelife Medical Technology, Zonare Medical Systems, and Zoncare

Commenting on the report, an analyst from the research team said: “The global medical imaging market has been witnessing a trend of strategic initiatives. The market is highly competitive and to survive the competition, vendors are adopting strategic collaborations and mergers and acquisitions. Leading vendors acquire other complementary players to improve their geographical presence and enhance their expertise. With the growing demand for medical imaging equipment such as MRI, CT Scanners, X-rays systems, SPECT/PET equipment, and ultrasound systems, vendors are looking to implement inorganic growth strategies such as mergers or acquisitions. Further, the market is highly cost intensive, which will drive the companies to adopt inorganic strategies. These strategies allow the vendors to quickly penetrate the market by leveraging the products of the acquired player. Also, this will enable the companies to capitalize on the existing market presence of the acquired player.”

According to the report, general X-rays is the leading segment in the overall global medical imaging market. However, conventional analog X-ray systems has reached maturity and is growing at a slow rate, especially in developed countries, as the technology has become obsolete and is being replaced by newer technologies. The market has been witnessing upgrades of analog X-ray systems to digital X-ray systems. With the increased cost of digital X-ray systems, manufacturers have found a cost effective solution to convert analog X-ray systems to digital X-ray systems. This can be done by using retrofit kits. Retrofit kits are also used to convert analog X-ray systems into computed radiography systems by harnessing detection devices such as high-density solid scan systems or flat panel detectors. The average cost of a retrofit is approximately $105,000, while a new digital radiography system costs approximately $180,000. For instance, Carestream Health launched mobile retrofit kits such as DRX mobile retrofit kit, DRX transportable, and DRX field portable. The introduction of such technologies have made it possible for hospitals and other diagnostic centers to refurbish their analog systems at a cheaper price.

Further, the report states that the global medical imaging market is experiencing an increased shift toward the use of refurbished systems due to the high cost of the device and installation. Small diagnostic centers will not be able to afford these expenses, so they prefer used and refurbished medical imaging equipment as they are available at a low price in comparison with new ones and come with a warranty period of a couple of years. Many local vendors are engaged in the import/export of used and refurbished equipment. Apart from the low purchasing power and the lack of awareness in developing nations, customers trust local companies that provide products at a low cost and have better aftersales support. This trend will help low-cost hospitals gain access to medical imaging technologies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Fujifilm
  • GE Healthcare
  • Hitachi Medical
  • Philips Healthcare
  • Siemens Healthcare
  • Toshiba Medical Systems
  • Accuray
  • Accutome
  • Alpinion Medical Systems
  • Analogic Corporation
  • ASAHI Roentgen
  • BenQ Medical Technology
  • Shenzhen Bestman Instrument
  • BMV Technology
  • Boston Scientific
  • Brain Biosciences
  • BrainLab
  • Bruker
  • Capintec
  • Carestream Health
  • Cephasonics
  • Chison
  • CMR Naviscan
  • ContextVision
  • CurveBeam
  • DDD-Diagnostic
  • Delphinus Medical Technologies
  • Ecare
  • EOS imaging
  • Esaote SpA
  • Fuel 3D Technologies
  • Gendex
  • GlobalMed
  • Guangzhou Yueshen Medical Equipment
  • Healcerion
  • Hologic
  • Imaging Sciences International
  • Insightec
  • Intelerad Medical System
  • Intrasense SAS
  • J Morita Corporation
  • Jiangsu TongRen Medical Electronic Technology
  • Konica Minolta
  • MedGyn
  • Mediso
  • Mindray Medical International
  • Mithil Scans
  • Mobisante
  • NanoVibronix
  • Neurologica
  • NeuSoft
  • Planmeca Oy
  • Samsung Medison America
  • Shimadzu Corporation
  • Sirona
  • Sonostar
  • Sophie Biosciences
  • SOREDEX
  • St Jude Medical
  • Sterne Medical
  • Telemed
  • TomTec Imaging Systems GmbH
  • Trivitron Healthcare
  • Viking Systems
  • Wuhan Tianyi Electronic
  • Xoran
  • Zhuhai Carelife Medical Technology
  • Zonare Medical Systems
  • Zoncare
Note: Product cover images may vary from those shown
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