Global Diagnostic Medical Imaging Market, By Product Type (Computed Tomography (CT) Scanners, X-ray Imaging Systems, MRI Systems, Ultrasound Imaging Systems, Nuclear Imaging Systems and Mammography Systems), By Application (Neuronal Spine, Orthopedics and Musculoskeletal, Cardiovascular and Thoracic and General Imaging), By End-user (Hospitals and Imaging Centers); By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2015-2025

2019-09-05
Report Code: BWC19261
Available Format: PDF PDF Icon
Pages: 125

Global Diagnostic Medical Imaging Market: Overview

Diagnostic imaging also known as medical imaging refers to the technique of generating visual representations of the internal body to diagnose a patient. Lower amounts of Electromagnetic radiation help to produce highly detailed images of the inside body. The detailed images created by these processes are used to further treatment of the patient and help to analyze physician about the anatomic structure and functional working of the internal organs. Diagnostic imaging is used in the field of medicine to recognize a wide range of medical problems such as damaged bones, heart conditions, blood globs, and intestinal conditions. Additionally, Diagnostic radiology can also monitor diseases such as colon cancer and breast cancer.

Diagnostic imaging includes Computed Tomography (CT) Scanners, X-ray Imaging Systems, MRI Systems, Ultrasound Imaging Systems, Nuclear Imaging Systems, and Mammography Systems. CT scanner Uses X-ray tools to generate a series of cross-sectional images of the body. It is often used when the doctor requires highly detailed images to study and diagnose the source of a problem, particularly on soft tissue. X-ray Machine Uses X-rays, a kind of electromagnetic radiation, to generate images of the internal parts of the body without making any incisions. MRI Machine uses a magnetic field in place of radiation to create images of the interior parts of the body.

It is used to study for those parts of the body where CT scanners cannot generate sharp images. Ultrasound also known as Sonography, uses high-frequency sound waves to check inside the body. Ultrasound images are produced in real-time, they can also display the movement of the body's inner structures as well as blood circulation over the blood vessels. Unlike X-ray imaging, there is no ionizing radiation exposure allied with ultrasound imaging. Nuclear imaging uses small quantities of radioactive substances to identify, assess or treat a range of diseases such as cancer, tumors, etc. Nuclear imaging has the potential to detect infection in its initial stages. Mammography uses a low amount of X-rays to generate the images of inside the breasts.

Global Diagnostic Medical Imaging Market forecast and Trends

Global Diagnostic Medical Imaging Market is significantly growing in recent years with a CAGR of 4.95%, in value terms, over the forecast period 2019 2025, and expected to reach at USD 40653.32 Million by 2025. Rising incidence of chronic illnesses, such as cancer and cardiovascular events, escalation in the geriatric population, and improvements in technologies to grow numerous diagnostic imaging tools to be used in various medical processes are significant factors that are projected to boost the market over the forecast period.

Growth drivers

Increasing Rate of Chronic Diseases

Chronic diseases such as, cancer, cardiovascular (heart) disease, arthritis, asthma depression and diabetes are rising across the globe with higher rate. Diagnostic imaging systems help to identify such conditions at earlier stages.

Technological Advancements in Medical Imaging Systems

Emerging technology of Artificial Intelligence powered medical imaging systems. It can identify any anomalous outcomes on a patient to help radiologists. The AI solution provide support to radiologists aiming on body parts such as the chest, stomach, backbone and head.

Restraints

High Cost of Diagnostic Imaging Systems

High cost of diagnostic medical systems due to technological innovations that adds additional costs are expected to hinder the market growth of diagnostic imaging systems market.

Global Diagnostic Medical Imaging Market: Product Type analysis

Based on product type, market segmented into Computed Tomography (CT) Scanners, X-ray Imaging Systems, MRI Systems, Ultrasound Imaging Systems, Nuclear Imaging Systems and Mammography Systems. CT product segment is expected to be the largest segment in the global diagnostic imaging systems market contributing over 36.99% in 2017 that is expected to reach over USD 14800.39 million by 2025. Owing to the capability of CT to generate precise images that deliver a clear impression of the musculoskeletal system.


Global Diagnostic Medical Imaging Market: Application insights

Based on application, market bifurcated into Neuronal Spine, General Imaging, Orthopedics and Musculoskeletal, Cardiovascular and Thoracic. Cardiovascular and Thoracic application captured largest area of global imaging systems market owing to increasing investments in healthcare sector R&D activities in imaging systems.

Global Diagnostic Medical Imaging Market: End-user analysis

Based on End-user, market divided into Hospitals and Imaging Centers. Hospital is the leading segment and growing at significant growth rate. Technological improvement in diagnostic imaging systems, rising verge of hospitals towards the automation and digitization of radiology patient workflow, increasing acceptance of unconventional imaging modalities to improve workflow efficiency in hospitals are the factors that are driving the growth of market.

Global Diagnostic Medical Imaging Market: Regional insights

Geographically, market is segmented into the North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is fastest growing region for the global Diagnostic Medical Imaging market and major drivers for the fastest growth of the market in this region are increase in number of diagnostic imaging systems, improving healthcare expenditure, growth in R&D expenditure, and increasing medical tourism.

The objective of the Study:

·      To analyze and forecast the global diagnostic medical imaging market size of the market, in terms of value.

·      To examine the careful market segmentation and forecast the market size, in terms value, based on the region by segmenting the Global Diagnostic Medical Imaging market into five regions, namely, North America, Europe, Asia Pacific, Middle East, South America and their leading countries.

·     To outline, categorized and forecast the global Diagnostic Medical Imaging market based on the product type, application and end user.

·   To examine competitive developments like technological advancement, services, and regulative framework within the global Diagnostic Medical Imaging Market.

·     To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.

·     To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

Scope of the Report

By Product Type

·         Computed Tomography (CT) Scanners

·         X-ray Imaging Systems

·         MRI Systems

·         Ultrasound Imaging Systems

·         Nuclear Imaging Systems

·         Mammography Systems

By Application

·         Neuronal Spine

·         Orthopedics and Musculoskeletal

·         Cardiovascular and Thoracic

·         General Imaging

By End-user

·         Hospitals

·         Imaging Centers

By Region:

·         North America

·         Europe

·         Asia Pacific (APAC)

·         South America

·         Middle East & Africa

Competitive Landscape

 ·         Siemens Healthineers

·         GE Healthcare

·         KoninklijkePhilips N.V.

·         KoninklijkePhilips N.V.

·         Shimadzu Corporation

·         Agfa-GevaertN.V.

·         Canon Medical Systems Corporation

·         Hitachi Ltd.

·         Hologic, Inc.

·         Samsung Healthcare

·         Mindray Medical International

·         EsaoteS.p.A

Business Questions answer by the report

·         How will the market drivers, restraints and opportunities affect the market dynamics?

·         What will be the market size in terms of value and volume and market statistics with a detailed classification?

·         Which segment dominates the market or region and one will be the fastest growing and why?

·         A comprehensive survey of the competitive landscape and the market participant players

·         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority and that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With five additional company detail analysis

·         Additional country analysis

·         Detailed segment analysis





1.    Research Framework

1.1. Research Objective

1.2. Product Overview

1.3. Market Segmentation

2.    Research Methodology

2.1. Qualitative Research

2.1.1.   Primary & Secondary Sources

2.2. Quantitative Research

2.2.1.   Primary & Secondary Sources

2.3. Breakdown of Primary Research Respondents, By Region

2.3.1.   Secondary Research

2.3.2.   Primary Research

2.4. Breakdown of Primary Research Respondents, By Industry Participants

2.5. Market Size Estimation

2.6. Assumption for the Study

2.7. Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Global Diagnostic Medical Imaging Market - Industry Insights

4.1. Industry Impact and Forces

4.1.1.   Growth Drivers

4.1.2.   Challenges

4.1.3.   Opportunities

4.2. Competitor Analysis, 2018

4.2.1.   Company Shares

4.3. Industry Value Chain and Manufacturing Process

4.4. Porter Five Forces

4.5. Regulatory Framework

4.6. Technological Landscape

5.    Global Diagnostic Medical Imaging Market Overview

5.1. Market Size & Forecast

5.1.1.   By Value (USD)

5.2. Market Share & Forecast

5.2.1.   By Product Type

5.2.1.1.       Computed Tomography (CT) Scanners

5.2.1.2.       X-ray Imaging Systems

5.2.1.3.       MRI Systems

5.2.1.4.       Ultrasound Imaging Systems

5.2.2.   By Application

5.2.2.1.       Neuronal Spine

5.2.2.2.       General Imaging

5.2.2.3.       Orthopedics and Musculoskeletal

5.2.2.4.       Cardiovascular and Thoracic

5.2.3.   By End-user

5.2.3.1.       Hospitals

5.2.3.2.       Imaging Centers

5.2.4.   By Region

5.2.4.1.       North America

5.2.4.2.       Europe

5.2.4.3.       Asia Pacific

5.2.4.4.       Latin America

5.2.4.5.       Middle East and Africa

6.    North America Diagnostic Medical Imaging Market

6.1. Key Regional Trends

6.2. Market estimates & forecast

6.2.1.   By Product Type

6.2.2.   By Application

6.2.3.   By End-User

6.2.4.   By Country

6.2.4.1.       U.S

6.2.4.2.       Canada

7.    Europe Diagnostic Medical Imaging Market

7.1. Key Regional Trends

7.2. Market estimates & forecast

7.2.1.   By Product Type

7.2.2.   By Application

7.2.3.   By End-User

7.2.4.   By Country

7.2.4.1.       Germany

7.2.4.2.       U.K

7.2.4.3.       France

7.2.4.4.       Italy

7.2.4.5.       Rest of Europe

8.    Asia Pacific Diagnostic Medical Imaging Market

8.1. Key Regional Trends

8.2. Market estimates & forecast

8.2.1.   By Product Type

8.2.2.   By Application

8.2.3.   By End-User

8.2.4.   By Country

8.2.4.1.       China

8.2.4.2.       India

8.2.4.3.       Japan

8.2.4.4.       Rest of APAC

9.    Latin America Diagnostic Medical Imaging  Market

9.1. Key Regional Trends

9.2. Market estimates & forecast

9.2.1.   By Product Type

9.2.2.   By Application

9.2.3.   By End-User

9.2.4.   By Country

9.2.4.1.       Brazil

9.2.4.2.       Argentina

9.2.4.3.       Rest of Latin America

10. Middle East & Africa Diagnostic Medical Imaging Market

10.1.             Key Regional Trends

10.2.             Market estimates & forecast

10.2.1. By Product Type

10.2.2. By Application

10.2.3. By End-User

10.2.4. By Country

10.2.4.1.    Saudi Arabia

10.2.4.2.    UAE

10.2.4.3.    Rest of MEA

11. Company Profiles

11.1.1. Siemens Healthineers

11.1.1.1.    Company Overview

11.1.1.2.    Financial Matrix

11.1.1.3.    Key Product landscape

11.1.1.4.    Key Personnel

11.1.1.5.    Key Competitors

11.1.1.6.    SWOT

11.1.1.7.    Contact Address

11.1.1.8.    Strategic Outlook

11.1.2. GE Healthcare

11.1.3. KoninklijkePhilips N.V.

11.1.4. Shimadzu Corporation

11.1.5. Agfa-GevaertN.V.

11.1.6. Canon Medical Systems Corporation

11.1.7. Hitachi Ltd.

11.1.8. Hologic, Inc.

11.1.9. Samsung Healthcare

11.1.10.              Mindray Medical International

11.1.11.              EsaoteS.p.A

12. Strategic Recommendation

*Financial Details Not Be Captured in Case of Unlisted Companies

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

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