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4K Medical Imaging Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

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    Report

  • 170 Pages
  • November 2023
  • Region: Global
  • Renub Research
  • ID: 5521696
4K Medical Imaging Market size will attain US$ 1,962 Million via 2030. Imaging techniques are indispensable to healthcare, having evolved significantly since inception of X-rays in 1890. Today, Morden methods like CT scans, MRI, ultrasound, and PET scans offer particular insights into the bodies functioning. They facilitate early detection, correct diagnosis, non-stop tracking, and progressed medical management. The healthcare sector is now exploring 4K resolution technology, boasting four times the HD resolution. 4K medical imaging is gaining reputation, in particular in operating rooms, due to the demand for minimally invasive surgical treatment grows globally.

While minimally invasive surgery benefits patients with decreased blood loss, smaller incisions, shorter hospital stays, and greater accuracy, surgeons currently contend with restrained visibility because of their reliance on laparoscopic cameras. Medical 4k imaging can assist in finding on cancer before it turns into devastating and incurable. It increases the probability of patients’ survival by detecting cancers development at an early stage. As a result, it reduces mortality at the same time also enhances care. According to the American Cancer Society, there are nearly 1,958,310 new cancer cases within the United States in 2023.

4k Medical Imaging market is expanding at a CAGR of 11.07% during the 2023 to 2030

With the increasing demand for advanced visualization quality within the medical filed and the availability of technologically advanced products for hd-definition medical imaging, substantial growth is predicted in the worldwide 4K medical imaging market. As the population ages, there's a greater demand for healthcare offerings and diagnostic imaging. Older human beings frequently require frequent and thorough imaging treatments, necessitating modern medical presentations. With a greater emphasis on affected person delight and comfort in healthcare settings, there is a greater demand for more specific, intelligible imaging statistics. High quality displays are essential for enhancing patient comprehension and participation of their care.

Advancements in healthcare technology and the developing demand for specific medical diagnostics are using worldwide growth in 4K medical imaging. This is fuelled by extensive medical research, a focus on innovative healthcare solutions, and the need for high-definition visualization throughout medical practices. Additionally, rapid improvements in medical device technology and growing demand for quality imaging by using medical specialists are boosting the adoption of 4K medical imaging.

Government commitments to raise healthcare standards and services, along with accelerated utilization of 4K imaging in each traditional diagnostics and revolutionary medical applications, are contributing to market expansion. 4K imaging's superior features, which include superior clarity and zoom capability without lack of detail, are essentials for diverse medical approaches. Moreover, significant investment in research and improvement in the thriving healthcare industry is a major driver. Ongoing upgrades in 4K imaging technology, consisting of integration with contemporary medical system and customization for particular medical programs, are propelling its sizeable adoption. This relentless technological development complements medical diagnostic skills, improving precision and versatility in patient care. The global 4k medical imaging market was US$ 941 Million in 2023.

X-ray has dominated the section as a result of its extensive use by the people

By Type, the Global 4k Medical Imaging Market is segmented into Magnetic Resonance Imaging, Computed Tomography, X-ray, Ultrasound and Other Types. X-ray technology has established itself as a dominant pressure within the 4K imaging market because of its considerable adoption by the people. Its enduring recognition is attributed to its versatility and effectiveness in medical imaging. X-rays provide healthcare professionals and patients with the capability to acquire clear and fast insights into the human body, taking into account the detection of a wide array of conditions. Due to the increasing demand for high-quality medical imaging systems, the medical device industry is rapidly innovating and developing advanced X-ray imaging solutions. These new technologies are expected to cater to a large population, making the X-ray market size grow significantly in the 4K imaging industry, creating new opportunities for expansion and advancement.

Hospitals captured the largest percentage in the 4k Medical Imaging Market

By End User, Global 4k Medical Imaging Market is divided into Hospitals, Diagnostic Imaging Centers, Specialty Clinics and Other End user. The accelerated demand for advanced imaging technologies and the incorporation of imaging tools into surgical attire are driving this hospital boom. Developed countries have seen a great surge in demand for those technologies, particularly in teaching hospitals as compared to popular or specialized medical facilities.

Hospitals offer a range of imaging modalities to address the numerous medical situations and specialities, each requiring unique display capabilities to correctly show images, whether in monochrome for X-rays or complete coloration for CT and MRI scans. These images are used for referrals, patient’s consultations, and surgical planning within hospitals related to a PACS (Picture Archiving and Communication System).

United States of America is expected to dominate the 4k medical imaging market throughout the forecast Period

By Country, the Global 4k Medical Imaging Market is split into United States, Argentina, Australia, Belgium, Brazil, Canada, China, France, Germany, India, Israel, Italy, Japan, Mexico, Netherlands, Saudi-Arabia, South Africa, Spain, Switzerland, United Kingdom and Turkey. The United States of America boasts most advanced healthcare infrastructures, encompassing top-tier hospitals, clinics, and research facilities that heavily rely on cutting age medical imaging devices. The country has rapidly followed electronic health statistics (EHRs) and Picture Archiving and Communication Systems (PACS), each of which demand for extremely best medical presentations for radiology monitors and surgical and diagnostic screens.

Many of the world's main medical imaging display producers, inclusive of EIZO, Barco, and LG, have a strong presence in the United States of America, offering easy access to contemporary technology and understanding. For instance, in October 2022, Samsung has recently made a strategic move to expand its presence in the ultrasound business in North America. As part of this expansion, the company plans to invest in new product introductions that will feature Samsung technology, improve order processing systems, and expand service offerings to include remote automation. In addition, the company aims to expand its market coverage to reach more Integrated Delivery Networks. These investments focus on maximizing patient and customer engagement with best-in-class imaging technology and ensuring patients and clinicians have easier access to Samsung's innovative imaging solutions.

Key Player

Stryker Corporation, Zimmer Biomet Holdings, Inc, Smith & Nephew plc, Conmed Corporation, Medtronic, Sony, Fujifim and Hitachi are the key player in the 4K Imaging Market.

This latest report “4K Medical Imaging Market, Global Forecast By Type (Magnetic Resonance Imaging, Computed Tomography, X-ray, Ultrasound, Other Types), End User (Hospitals, Diagnostic Imaging Centers, Speciality Clinics, Other End user), Country (United States, Argentina, Australia, Belgium, Brazil, Canada, China, France, Germany, India, Israel, Italy, Japan, Mexico, Netherlands, Saudi-Arabia, South Africa, Spain, Switzerland, United Kingdom and Turkey), Companies (Stryker Corporation, Zimmer Biomet Holdings, Inc, Smith & Nephew plc, Conmed Corporation, Medtronic, Sony, Fujifim and Hitachi)” provides a detailed analysis of 4K Medical Imaging Industry.

Type - Global 4K Medical Imaging Market has been covered from 5 viewpoints:

1. Magnetic Resonance Imaging
2. Computed Tomography
3. X-ray
4. Ultrasound
5. Other Types

End User - Global 4K Medical Imaging Market has been covered from 4 viewpoints:

1. Hospitals
2. Diagnostic Imaging Centers
3. Specialty Clinics
4. Other End user

Country - Report covers 21 countries 4K Medical Imaging Market

1. North America

1.1 United States
1.2 Canada
1.3 Mexico

2. Europe

2.1 Belgium
2.2 France
2.3 Germany
2.4 Italy
2.5 Spain
2.6 Switzerland
2.7 United Kingdom
2.8 Turkey
2.9 Netherland

3. Asia Pacific

3.1 China
3.2 Australia
3.3 India
3.4 Japan

4. South America

4.1 Argentina
4.2 Brazil

5. Middle East & Africa

5.1 Saudi-Arabia
5.2 Israel
5.3 South Africa

Company Insights:

  • Overview
  • Recent Development
  • Revenue

Key Players:

1. Stryker Corporation
2. Zimmer Biomet Holdings Inc
3. Smith & Nephew plc
4. Conmed Corporation
5. Medtronic
6. Sony
7. Fujifim
8. Hitachi

Table of Contents

1. Introduction2. Research & Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global 4k Medical Imaging Market
6. Market Share Analysis - Global 4k Medical Imaging Market
6.1 By Type
6.2 By End User
6.3 By Countries
7. Type - Global 4k Medical Imaging Market
7.1 Magnetic Resonance Imaging
7.2 Computed Tomography
7.3 X-Ray
7.4 Ultrasound
7.5 Other Types
8. End User - Global 4k Medical Imaging Market
8.1 Hospitals
8.2 Diagnostic Imaging Centers
8.3 Other End User
8.4 Specialty Clinics
9. Region - Global 4k Medical Imaging Market
9.1 North America
9.1.1 United States
9.1.2 Canada
9.1.3 Mexico
9.2 Europe
9.2.1 Belgium
9.2.2 France
9.2.3 Germany
9.2.4 Italy
9.2.5 Spain
9.2.6 Switzerland
9.2.7 United Kingdom
9.2.8 Turkey
9.2.9 Netherland
9.3 Asia Pacific
9.3.1 China
9.3.2 Australia
9.3.3 India
9.3.4 Japan
9.4 South America
9.4.1 Argentina
9.4.2 Brazil
9.5 Middle East & Africa
9.5.1 Saudi Arabia
9.5.2 Israel
9.5.3 South Africa
10. Porters Five Forces
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11. SWOT Analysis
11.1 Strengths
11.2 Weaknesses
11.3 Opportunities
11.4 Threats
12. Key Players
12.1 Stryker Corporation
12.1.1 Overview
12.1.2 Recent Development
12.1.3 Revenue
12.2 Zimmer Biomet Holdings,inc.
12.2.1 Overview
12.2.2 Recent Development
12.2.3 Revenue
12.3 Smith & Nephew Plc
12.3.1 Overview
12.3.2 Recent Development
12.3.3 Revenue
12.4 Conmed Corporation
12.4.1 Overview
12.4.2 Recent Development
12.4.3 Revenue
12.5 Medtronic
12.5.1 Overview
12.5.2 Recent Development
12.5.3 Revenue
12.6 Sony
12.6.1 Overview
12.6.2 Recent Development
12.6.3 Revenue
12.7 Fujifim
12.7.1 Overview
12.7.2 Recent Development
12.7.3 Revenue
12.8 Hitachi
12.8.1 Overview
12.8.2 Recent Development
12.8.3 Revenue
List of Figures:
Figure-01: Global - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-02: Global - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-03: Type - Magnetic Resonance Imaging Market (Million US$), 2018 - 2022
Figure-04: Type - Forecast for Magnetic Resonance Imaging Market (Million US$), 2023 - 2030
Figure-05: Type - Computed Tomography Market (Million US$), 2018 - 2022
Figure-06: Type - Forecast for Computed Tomography Market (Million US$), 2023 - 2030
Figure-07: Type - X-Ray Market (Million US$), 2018 - 2022
Figure-08: Type - Forecast for X-Ray Market (Million US$), 2023 - 2030
Figure-09: Type - Ultrasound Market (Million US$), 2018 - 2022
Figure-10: Type - Forecast for Ultrasound Market (Million US$), 2023 - 2030
Figure-11: Type - Other Types Market (Million US$), 2018 - 2022
Figure-12: Type - Forecast for Other Types Market (Million US$), 2023 - 2030
Figure-13: End User - Hospitals Market (Million US$), 2018 - 2022
Figure-14: End User - Forecast for Hospitals Market (Million US$), 2023 - 2030
Figure-15: End User - Diagnostic Imaging Centers Market (Million US$), 2018 - 2022
Figure-16: End User - Forecast for Diagnostic Imaging Centers Market (Million US$), 2023 - 2030
Figure-17: End User - Other End User Market (Million US$), 2018 - 2022
Figure-18: End User - Forecast for Other End User Market (Million US$), 2023 - 2030
Figure-19: End User - Specialty Clinics Market (Million US$), 2018 - 2022
Figure-20: End User - Forecast for Specialty Clinics Market (Million US$), 2023 - 2030
Figure-21: United States - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-22: United States - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-23: Canada - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-24: Canada - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-25: Mexico - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-26: Mexico - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-27: Belgium - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-28: Belgium - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-29: France - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-30: France - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-31: Germany - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-32: Germany - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-33: Italy - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-34: Italy - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-35: Spain - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-36: Spain - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-37: Switzerland - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-38: Switzerland - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-39: United Kingdom - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-40: United Kingdom - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-41: Turkey - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-42: Turkey - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-43: Netherland - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-44: Netherland - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-45: China - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-46: China - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-47: Australia - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-48: Australia - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-49: India - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-50: India - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-51: Japan - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-52: Japan - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-53: Argentina - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-54: Argentina - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-55: Brazil - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-56: Brazil - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-57: Saudi Arabia - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-58: Saudi Arabia - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-59: Israel - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-60: Israel - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-61: South Africa - 4k Medical Imaging Market (Million US$), 2018 - 2022
Figure-62: South Africa - Forecast for 4k Medical Imaging Market (Million US$), 2023 - 2030
Figure-63: Stryker Corporation - Global Revenue (Billion US$), 2018 - 2022
Figure-64: Stryker Corporation - Forecast for Global Revenue (Billion US$), 2023 - 2030
Figure-65: Zimmer Biomet Holdings,inc. - Global Revenue (Billion US$), 2018 - 2022
Figure-66: Zimmer Biomet Holdings,inc. - Forecast for Global Revenue (Billion US$), 2023 - 2030
Figure-67: Smith & Nephew Plc - Global Revenue (Billion US$), 2018 - 2022
Figure-68: Smith & Nephew Plc - Forecast for Global Revenue (Billion US$), 2023 - 2030
Figure-69: Conmed Corporation - Global Revenue (Million US$), 2018 - 2022
Figure-70: Conmed Corporation - Forecast for Global Revenue (Million US$), 2023 - 2030
Figure-71: Medtronic - Global Revenue (Billion US$), 2018 - 2022
Figure-72: Medtronic - Forecast for Global Revenue (Billion US$), 2023 - 2030
Figure-73: Sony - Global Revenue (Billion US$), 2018 - 2022
Figure-74: Sony - Forecast for Global Revenue (Billion US$), 2023 - 2030
Figure-75: Fujifim - Global Revenue (Billion US$), 2018 - 2022
Figure-76: Fujifim - Forecast for Global Revenue (Billion US$), 2023 - 2030
Figure-77: Hitachi - Global Revenue (Billion US$), 2018 - 2022
Figure-78: Hitachi - Forecast for Global Revenue (Billion US$), 2023 - 2030
List of Tables:
Table-01: Global - 4K Medical Imaging Market Share by Type (Percent), 2018 - 2023
Table-02: Global - Forecast for 4K Medical Imaging Market Share by Type (Percent), 2024 - 2030
Table-03: Global - 4K Medical Imaging Market Share by End-User (Percent), 2018 - 2023
Table-04: Global - Forecast for 4K Medical Imaging Market Share by End-User (Percent), 2024 - 2030
Table-05: Global - 4K Medical Imaging Market Share by Countries (Percent), 2018 - 2023
Table-06: Global - Forecast for 4K Medical Imaging Market Share by Countries (Percent), 2024 - 2030

Companies Mentioned

  • Stryker Corporation
  • Zimmer Biomet Holdings Inc
  • Smith & Nephew plc
  • Conmed Corporation
  • Medtronic
  • Sony
  • Fujifim
  • Hitachi

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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