The global medical imaging equipment market is expected to be around $52 billion by 2025. This can be primarily attributed to number of factors such as the increasing incidence of target diseases (such as cancers and cardiac diseases), growing patient awareness about early diagnosis of diseases, increasing number of accident related severe injuries, and technological innovations in the field of medical imaging. However, growing adoption of refurbished medical imaging systems, dearth of skilled professionals, and high cost of medical imaging systems can hamper the growth of medical imaging equipment market. Conversely, development of low cost diagnostic imaging systems with a wide range of application areas and rising demand for imaging systems in emerging countries will bring in new growth opportunities for the key manufacturers in the market.
Medical Imaging Equipment Industry -Product Outlook and Trend Analysis:
On the basis of product, the X-ray imaging systems segment accounted for the largest share of the global medical imaging equipment market in 2016 and is projected to dominate the market throughout the forecast period. Mammography systems market is poised to grow at a significant growth rate from 2017 to 2025 owing to digitalization of mammography equipment and ongoing technological advancements in the field of mammography..
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Crystal Market Research published “Medical Imaging Equipment Market by Product Type and Application – Global Industry Analysis and Forecast To 2025” from its database. The report reviews top companies involved and enlists all trials pertaining to the company.
The major players operating in the global medical imaging equipment market emphasize on product development facilitated by technological innovations along with strategic collaborations in order to gain competitive advantage in the market. For instance, in September 2016, GE Healthcare in collaboration with Trice Imaging, Inc. launched a cloud based solution, Tricefy. It allows clinicians to share medical imaging results with patients and remote colleagues
Some of the key players are Mindray Medical International Limited, Esaote SpA, Hitachi, Ltd., Carestream Health, Inc., FUJIFILM Holdings Corporation, Koninklijke Philips N.V., Toshiba Medical Systems Corporation (acquired by Canon Inc.), General Electric Company, Shimadzu Corporation, Samsung Electronics Co., Ltd., Siemens AG, and Hologic, Inc.
Medical Imaging Equipment Industry -Application Outlook and Trend Analysis:
Cardiovascular and thoracic segment occupied major share of the overall market in 2016. Further, the segment is projected to dominate the global market throughout the forecast. This large share can be attributed to rise in number of diagnostic procedures and the development of point of care ultrasound machines for the evaluation of cardiac diseases.
Medical Imaging Equipment Industry -Regional Outlook and Trend Analysis:
Asia-Pacific accounted for the largest share of the global medical imaging equipment market in 2016. Further, it is projected to maintain its leading position in the market throughout the forecast period. This large share can be attributed to advancements in healthcare infrastructure and rising disposable income of the people.
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Table of Content:
3.1.1. Market Definition
3.1.2. Market Segmentation
4.Medical Imaging Equipment Market, By Product Type
4.2.Medical Imaging Equipment Market Assessment and Forecast, By Type, 2016-2025
4.3.Magnetic Resonance Imaging (MRI) Systems
4.3.1. Market Assessment and Forecast, By MRI Field Strength, 2016-2025 ($Million)
4.3.2. Market Assessment and Forecast, By MRI Architecture, 2016-2025 ($Million)
4.3.3. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.X-ray Imaging Systems
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