Asia-Pacific Diagnostic Imaging Market Analysis, 2020 market research report provides exhaustive market analysis and statistics of Asia-Pacific diagnostic imaging market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc. The report also takes into consideration the short term and long-term business impact of COVID-19 on the Asia- Pacific Diagnostic Imaging Market.
Continuous improving medical healthcare facilities and rising healthcare expenditure in countries such as China, India, and Japan are driving the growth of the Diagnostic Imaging market. Growing awareness for early detection of chronic diseases such as cancer is inducing the demand for diagnostic imaging. Moreover, the governments are conducting programs for early detection of chronic diseases to combat these diseases. The need for early diagnosis is leading to an emergence of the need for diagnostic imaging systems in the region. According to this research report titled “Asia-Pacific Diagnostic Imaging Market Analysis, 2020”, the Asia-Pacific Diagnostic Imaging market is anticipated to grow at a CAGR of around 7.5% during 2020-25. During 2019-20, COVID-19 breakdown in the region has resulted in massive lockdowns and curfews, eventually disrupting the market value chain. The overall process of procurement, payments, and the entire logistics witnessed a slowdown. The slowdown in the market is expected to persist during 2020-21. However, the growth is set to pick in the 2nd half of 2021.
Hospitals Segment Accounted for the Largest Market Share
Hospitals are providing training and teachings for advanced technology which is expected to propel the growth of diagnostic imaging systems. Southeast Asian countries such as Thailand and other Asian countries such as South Korea and India have seen an uptick in the installation of 3.5T MRI systems. Moreover, escalating foreign direct investment (FDI) policies, and rising awareness about different technologies is fuelling the demand for diagnostic imaging systems as stated in the research report “Asia-Pacific Diagnostic Imaging Market Analysis, 2020”.
Escalating Growth of the X-Ray Segment in Asia-Pacific
MRI Segment acquired the largest market share in 2019, owing to the rising chronic disorder cases in the region. MRI helps in early diagnosis of the disease which is making it more popular in emerging countries. However, the X-Ray segment also accounted for the largest market share owing to the catalyzing number of hospitals, emerging demand for mobile X-rays and retrofitting upgrade kits. Also, the growing aging population in countries is resulting in the amplified growth of the X-ray system. The x-ray segment is anticipated to further witness steady growth during the forecast period.
According to the publisher, few of the leading players are in the Diagnostic Imaging market are GE, Care Stream Health, Fujifilm, Hitachi, Hologic, Philips, Shanghai, Siemens, Canon Medical, Shimadzu, Samsung, etc.
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Asia-Pacific Diagnostic Imaging Market?
2. What are the region-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Asia-Pacific Diagnostic Imaging Market?
4. Who are the key competitors or market players and how they perform in the Asia-Pacific Diagnostic Imaging Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Asia-Pacific Diagnostic Imaging Market study?
Continuous improving medical healthcare facilities and rising healthcare expenditure in countries such as China, India, and Japan are driving the growth of the Diagnostic Imaging market. Growing awareness for early detection of chronic diseases such as cancer is inducing the demand for diagnostic imaging. Moreover, the governments are conducting programs for early detection of chronic diseases to combat these diseases. The need for early diagnosis is leading to an emergence of the need for diagnostic imaging systems in the region. According to this research report titled “Asia-Pacific Diagnostic Imaging Market Analysis, 2020”, the Asia-Pacific Diagnostic Imaging market is anticipated to grow at a CAGR of around 7.5% during 2020-25. During 2019-20, COVID-19 breakdown in the region has resulted in massive lockdowns and curfews, eventually disrupting the market value chain. The overall process of procurement, payments, and the entire logistics witnessed a slowdown. The slowdown in the market is expected to persist during 2020-21. However, the growth is set to pick in the 2nd half of 2021.
Hospitals Segment Accounted for the Largest Market Share
Hospitals are providing training and teachings for advanced technology which is expected to propel the growth of diagnostic imaging systems. Southeast Asian countries such as Thailand and other Asian countries such as South Korea and India have seen an uptick in the installation of 3.5T MRI systems. Moreover, escalating foreign direct investment (FDI) policies, and rising awareness about different technologies is fuelling the demand for diagnostic imaging systems as stated in the research report “Asia-Pacific Diagnostic Imaging Market Analysis, 2020”.
Escalating Growth of the X-Ray Segment in Asia-Pacific
MRI Segment acquired the largest market share in 2019, owing to the rising chronic disorder cases in the region. MRI helps in early diagnosis of the disease which is making it more popular in emerging countries. However, the X-Ray segment also accounted for the largest market share owing to the catalyzing number of hospitals, emerging demand for mobile X-rays and retrofitting upgrade kits. Also, the growing aging population in countries is resulting in the amplified growth of the X-ray system. The x-ray segment is anticipated to further witness steady growth during the forecast period.
According to the publisher, few of the leading players are in the Diagnostic Imaging market are GE, Care Stream Health, Fujifilm, Hitachi, Hologic, Philips, Shanghai, Siemens, Canon Medical, Shimadzu, Samsung, etc.
Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Asia-Pacific Diagnostic Imaging Market?
2. What are the region-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Asia-Pacific Diagnostic Imaging Market?
4. Who are the key competitors or market players and how they perform in the Asia-Pacific Diagnostic Imaging Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Asia-Pacific Diagnostic Imaging Market study?
Table of Contents
1. Introduction
4. Asia-Pacific Diagnostic Imaging Market Outlook, 2015-2025F
5. Asia-Pacific Diagnostic Imaging Dynamics
10. Competition Outlook
Companies Mentioned
- GE
- Care Stream Health
- Fujifilm
- Hitachi
- Hologic
- Philips
- Shanghai
- Siemens
- Canon Medical
- Shimadzu
- Samsung
Methodology
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