Diagnostic Imaging Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026 Global Diagnostic Imaging Market to value over US $ 33 billion and grow at a CAGR of over 5% during the forecast period of 2019 to 2026. With rising consciousness about the benefits of early-stage diagnosis which has resulted in a surge for the demand for diagnostic services.This is regarded as an essential and primary growth inducer for the global medical imaging market. Factors such as rising geriatric population and access to cost-effective medical imaging systems are also making a positive impact on the market. Technological improvements are playing an important role, as it is central to the particular healthcare vertical. Hence, market players are consistently exploring and innovating to develop more efficient medical imaging devices. With the rise in geriatric population, the prevalence of chronic diseases is also on the rise. This is due to the erratic sedentary lifestyle and poor dietary patterns. Cardiovascular and cancerous ailments cause major casualties and are proven to be fatal. Early diagnosis can greatly increase patient survival rate, which is why developing countries are taking initiatives to spread awareness about medical imaging and diagnostics. Demand for diagnostic services is anticipated to grow during the forecast period due to a rise in the number of patients gaining access to medical facilities. Medical imaging will remain a pivotal area of focus for healthcare technology companies.The market is likely to witness new entrants who will explore and fund unique and novel imaging solutions.The emphasis that is being placed on the technical aspects of medical imaging has led to increased processing speed, integrating 3D and 4D imaging technology and automation among others. Such technological enhancements are favoring the adoption of medical imaging in hospitals and diagnostic centers. Globally, North America and Europe will collectively account for major market share in the diagnostic imaging systems market. This can be mainly attributed to the presence of established players, increasing adoption of telemedicine, and the rise in the prevalence of chronic diseases in these regions. The governments across the globe are running awareness programs to educate people regarding early diagnosis of chronic diseases. Such initiatives make patients aware of the early diagnosis among healthcare providers and consumers. Diagnostic imaging has helped doctors to detect diseases in the beginning, thereby improving patient survival rates. Diagnostic imaging systems improve healthcare quality and reduce healthcare costs by shortening recovery time and avoiding unnecessary invasive procedures. Such factors are playing a pivotal role in the growth of the diagnostic imaging systems market. The market is characterized by developments and strategies by main firms. For instance, in 2019, the U.S. Food and Drug Administration (USFDA) approved Siemens Healthineers’ MAGNETOM Lumina 3 Tesla MRI scanner. The system features BioMatrix patient personalization technology, which significantly improves productivity while reducing scan time. Furthermore, in 2018, Carestream Health Inc. received the USFDA 510(k) clearance for its OnSight 3D Extremity System. This imaging system uses cone beam CT technology to capture weight-bearing and other types of extremity exams. These developments fuel the market and advance it globally, thus helping it grow extensively. Major firms in the diagnostic imaging systems market are Konica Minolta Inc., Dornier MedTech GmbH, SternMed GmbH, MinFound Medical Systems Co. Ltd., DRGEM CO. LTD., SonoScape Medical Corporation, Analogic Corporation, and Fonar Corporation Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=2330&page=requestsample Market Segmentation: By Product ● MRI Systems o By Architecture ● Closed MRI Systems ● Open MRI Systems o By Field Strength ● High and Very-High Field MRI Systems ● Low-To-Mid-Field Systems ● Ultra-High-Field Systems ● Ultrasound Imaging Systems o By Technology ● 2D Ultrasound ● 3D and 4D Ultrasound ● Doppler Ultrasound o By Portability ● Trolley/Cart-Based Ultrasound Systems ● Compact/Portable Ultrasound Systems ● 6.4 CT Scanners o By Type ● Conventional CT Scanners ■ High-Slice CT Scanners ■ Mid-Slice CT Scanners ■ Low-Slice CT Scanners ■ Cone Beam CT Scanners ● Nuclear Imaging Systems o Spect Systems ■ Hybrid Spect System ■ Standalone Spect Systems o Hybrid PET Systems ● X-Ray Imaging Systems o By Type ■ Digital X-Ray Imaging Systems ■ Direct Radiography Systems ■ Computed Radiography Systems ■ Analog X-Ray Imaging Systems o By Portability ■ Stationary Systems ■ Portable Systems ■ Mammography Systems By Application ● X-Ray Imaging Systems o General Radiography o Dental o Fluoroscopy ● MRI Systems o Brain & Neurological MRI o Spine & Musculoskeletal MRI o Vascular MRI o Pelvic & Abdominal MRI o Breast MRI ● Ultrasound Systems o Radiology/General Imaging o Obstetrics/Gynecology (OB/GYN) o Cardiology o Vascular o Urology o Other Applications ● CT Scanners o Cardiology o Oncology o Neurology o Other Applications ● Nuclear Imaging Systems o Cardiology o Oncology o Neurology o Other Applications ● Mammography Systems By End-User ● Hospitals ● Diagnostic Imaging Centers ● Other End Users By Region ● Europe ● North America ● APAC ● Latin America ● Rest of the World Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=2330&page=askfordiscount Competitive Landscape: ● Tier 1 players- established companies in the market with a major market share ● Tier 2 players ● Emerging players which are growing rapidly ● New Entrants FutureWise Takeaways: ● Growth prospects ● SWOT analysis ● Key trends ● Key data points affecting market growth Objectives of the Study: ● To provide an exhaustive analysis on the global diagnostic imaging market by product, by application, by end-user and by region ● To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) ● To evaluate and forecast micro-markets and the overall market ● To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the rest of the world ● To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions ● Profiling of companies to evaluate their market shares, strategies, financials and core competencies Table of Contents 1 Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Markets Scope 1.3.1 Markets Covered 1.3.2 Years Considered for the Study 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2 Research Methodology 2.1 Research Methodology Steps 2.2 Secondary and Primary Research Methodology 2.2.1 Secondary Research 2.2.1.1 Key Data From Secondary Sources 2.3 Regulatory Landscape 2.3.1 Primary Research 2.3.1.1 Key Data From Primary Sources 2.4 Market Size Estimation 2.4.1 Product-Based Market Estimation 2.4.2 Primary Research Validation 2.5 Market Breakdown and Data Triangulation 2.6 Research Assumptions and Limitations 2.6.1 Assumptions for the Study 2.6.2 Limitations 3 Executive Summary 4 Premium Insights 4.1 Diagnostic Imaging: Market Overview 4.2 Diagnostic Imaging Market, By Product, 2019 vs 2024 (USD Million) 4.3 Geographic Analysis: APAC Diagnostic Imaging Market Share, By Product and Country, 2019 4.4 End User Analysis: Market Share, 2019 vs 2024 4.5 Geographic Snapshot of the Diagnostic Imaging Market 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Rapidly Growing Geriatric Population and the Subsequent Increase in the Prevalence of Associated Diseases 5.2.1.2 Increasing Demand for Early Diagnosis and Widening Scope of Clinical Applications 5.2.1.3 Technological Advancements in Diagnostic Imaging Modalities 5.2.1.4 Increasing Investments, Funds, and Grants By Public-Private Organizations 5.2.2 Restraints 5.2.2.1 High Cost of Diagnostic Imaging Systems 5.2.2.2 Technological Limitations Associated With Standalone Systems 5.2.2.3 Declining Reimbursements and Increasing Regulatory Burden in the US 5.2.2.4 Shortage of Helium 5.2.3 Opportunities 5.2.3.1 High Growth Opportunities in Emerging Countries 5.2.3.2 Adoption of Artificial Intelligence and Analytics in Diagnostic Imaging 5.2.3.3 Use of Blockchain in Diagnostic Imaging 5.2.3.4 Increasing Adoption of Teleradiology 5.2.3.5 Contract-Based Radiology Solutions and Mobile Solutions 5.2.4 Challenges 5.2.4.1 Hospital Budget Cuts 5.2.4.2 Increasing Adoption of Refurbished Diagnostic Imaging Systems 5.2.4.3 Dearth of Trained Professionals 5.3 Trends & Burning Issues 5.3.1 Increasing Adoption of Hybrid Diagnostic Imaging Modalities 5.3.2 Overutilization of Diagnostic Imaging Services Around the World 5.4 Pricing Analysis 6 Diagnostic Imaging Market, By Product 6.1 Introduction 6.2 MRI Systems 6.2.1 MRI Systems Market, By Architecture 6.2.1.1 Closed MRI Systems 6.2.1.1.1 Closed MRI Systems are Widely Adopted Across the Globe 6.2.1.2 Open MRI Systems 6.2.1.2.1 Open MRI Can Reduce Anxiety in Claustrophobic Individuals 6.2.2 MRI Systems Market, By Field Strength 6.2.2.1 High and Very-High Field MRI Systems 6.2.2.1.1 High and Very-High Field MRI Systems Dominate the Global MRI Systems Market 6.2.2.2 Low-To-Mid-Field Systems 6.2.2.2.1 Technological Limitations have Reduced the Adoption of Low-To-Mid-Field MRI Systems 6.2.2.3 Ultra-High-Field Systems 6.2.2.3.1 Innovation and Advancements in Applications Have Supported the Demand for Ultra-High-Field Systems 6.3 Ultrasound Imaging Systems 6.3.1 Ultrasound Systems Market, By Technology 6.3.1.1 2D Ultrasound 6.3.1.1.1 2D Ultrasound Dominates the Global Ultrasound Systems Market 6.3.1.2 3D and 4D Ultrasound 6.3.1.2.1 Technological Advancements and Potential are Driving the Demand for 3D & 4D Ultrasound 6.3.1.3 Doppler Ultrasound 6.3.1.3.1 While Noninvasive, Doppler Imaging Can Heat Tissues Being Scanned 6.3.2 Ultrasound Systems Market, By Portability 6.3.2.1 Trolley/Cart-Based Ultrasound Systems 6.3.2.1.1 Wide Applications and Technological Advancements in Trolley/Cart-Based Systems are Driving Market Growth 6.3.2.2 Compact/Portable Ultrasound Systems 6.3.2.2.1 High Portability and Ease of Use is Contributing to the Demand for Compact Systems 6.4 CT Scanners 6.4.1 CT Scanners Market, By Type 6.4.1.1 Conventional CT Scanners 6.4.1.1.1 Conventional CT Scanners Market, By Type 6.4.1.1.1.1 High-Slice CT Scanners 6.4.1.1.1.1.1 High Imaging Resolution and Wide Applications of High-Slice Scanners have Made Them Popular Among End Users 6.4.1.1.1.2 Mid-Slice CT Scanners 6.4.1.1.1.2.1 Affordability of Mid-Slice CT has Driven Its Adoption in Emerging Markets 6.4.1.1.1.3 Low-Slice CT Scanners 6.4.1.1.1.3.1 Low-Slice CT Scanners are Being Replaced With Mid-Slice CT Systems 6.4.1.2 Cone Beam CT Scanners 6.4.1.2.1 Lower Radiation Exposure and Increasing Applications in Dental and Limb Scanning have Driven CBCT Adoption 6.5 Nuclear Imaging Systems 6.5.1 Spect Systems 6.5.1.1 Hybrid Spect Systems 6.5.1.1.1 High Cost and Shortage of Technetium-99m Have Hindered Market Growth 6.5.1.2 Standalone Spect Systems 6.5.1.2.1 Low Cost, Technological Advancements, and Long Radiotracer Half-Life Have All Contributed to Market Growth 6.5.2 Hybrid PET Systems 6.5.2.1 Hybrid PET Systems Hold Greater Prospects of Dominating the Nuclear Imaging Systems Market in the Near Future 6.6 X-Ray Imaging Systems 6.6.1 X-Ray Imaging Systems Market, By Type 6.6.1.1 Digital X-Ray Imaging Systems 6.6.1.1.1 Direct Radiography Systems 6.6.1.1.1.1 High Throughput Capabilities and Quick Operations Have Propelled the Demand for DR Systems 6.6.1.1.2 Computed Radiography Systems 6.6.1.1.2.1 CR Technology is Rapidly Replacing Analog Systems Acting in the Emerging Economies 6.6.1.2 Analog X-Ray Imaging Systems 6.6.1.2.1 Higher Risk of Radiation Exposure and Technological Limitations Impede Market Growth of Analog Systems 6.6.2 X-Ray Imaging Systems Market, By Portability 6.6.2.1 Stationary Systems 6.6.2.1.1 Greater Integration of Configurations Makes Stationary XRay Systems Preferable in A Diagnostic Clinic 6.6.2.2 Portable Systems 6.6.2.2.1 Portable X-Ray Systems Show High Adoption in Trauma Care and Emergency Departments 6.7 Mammography Systems 6.7.1 Mammography Systems Segment to Grow at the Highest CAGR 7 Diagnostic Imaging Market, By Application 7.1 Introduction 7.2 X-Ray Imaging Systems 7.2.1 General Radiography 7.2.1.1 General Radiography Applications Account for the Largest Share of the X-Ray Imaging Systems Market 7.2.2 Dental 7.2.2.1 High Prevalence of Dental Disorders to Drive the Growth of This Application Segment 7.2.3 Fluoroscopy 7.2.3.1 Product Launches and Approvals of Fluoroscopy Systems to Support the Growth of This Application Segment 7.3 MRI Systems 7.3.1 Brain & Neurological MRI 7.3.1.1 Brain & Neurological MRI Segment Dominates the MRI Systems Market Due to the Growing Incidence of Neurodegenerative Diseases and Brain Injuries 7.3.2 Spine & Musculoskeletal MRI 7.3.2.1 MRI is the Most-Preferred Imaging Method for the Diagnosis and Prognosis of MSK Disorders and Spinal Injuries 7.3.3 Vascular MRI 7.3.3.1 Rising Incidence of Vascular Disorders to Drive the Market for This Application Segment 7.3.4 Pelvic & Abdominal MRI 7.3.4.1 Increasing Incidence of Pelvic & Abdominal Diseases to Support Market Growth 7.3.5 Breast MRI 7.3.5.1 Rising Prevalence of Breast Cancer and Increasing Awareness About Early Breast Cancer Screening—Key Drivers for the Breast MRI Market 7.3.6 Cardiac MRI 7.3.6.1 Rising Incidence of Cvd and Technological Advancements in Cardiac MRI are the Key Factors Supporting the Growth of This Application Segment 7.4 Ultrasound Systems 7.4.1 Radiology/General Imaging 7.4.1.1 Radiology/General Imaging is the Largest Application Segment of the Ultrasound Market 7.4.2 Obstetrics/Gynecology (OB/GYN) 7.4.2.1 Increasing Demand for Minimally Invasive Techniques in Gynecological Diagnostic Procedures to Support Market Growth 7.4.3 Cardiology 7.4.3.1 Cardiology is One of the Largest and Most-Widely Used Ultrasound Application Segments 7.4.4 Vascular 7.4.4.1 Vascular Ultrasound is One of the Fastest-Growing Application Segments for Ultrasound Technologies Across Major Markets 7.4.5 Urology 7.4.5.1 Rising Incidence of Prostate Disorders & Kidney Stones and Technological Innovations in the Field of Urological Ultrasound to Drive the Market for This Application Segment 7.4.6 Other Applications 7.5 CT Scanners 7.5.1 Cardiology 7.5.1.1 Cardiac CT is One of the Largest and Most-Widely Used CT Application Segments Across the Globe 7.5.2 Oncology 7.5.2.1 Rising Incidence of Cancer and Technological Advancements in CT Scanners to Support Market Growth 7.5.3 Neurology 7.5.3.1 Increasing Adoption of CT Scanners for Diagnosing Various Neurological Conditions to Drive Market Growth 7.5.4 Other Applications 7.6 Nuclear Imaging Systems 7.6.1 Cardiology 7.6.1.1 High Prevalence of CVD is the Major Factor Driving the Growth of This Segment 7.6.2 Oncology 7.6.2.1 Nuclear Imaging Systems Can Distinguish Between Benign and Malignant Tumors, Which Help Physicians in Precise Diagnosis and Decision Making 7.6.3 Neurology 7.6.3.1 Increasing Demand of Nuclear Imaging Procedures for Diagnosing Neurological Disorders is Supporting the Growth of This Segment 7.6.4 Other Applications 7.7 Mammography Systems 8 Diagnostic Imaging Market, By End User 8.1 Introduction 8.2 Hospitals 8.2.1 Large Hospitals Have Been Early Adopters of Diagnostic Imaging Systems 8.3 Diagnostic Imaging Centers 8.3.1 Increasing Number of Private Imaging Centers is Contributing to Market Growth 8.4 Other End Users 9 Diagnostic Imaging Market, By Region 9.1 Introduction 9.2 North America 9.2.1 US 9.2.1.1 US Dominated the North American Market in 2018 9.2.2 Canada 9.2.2.1 Dearth of Radiologists and Long Wait Time for Scans are the Major Challenges in the Canadian Market 9.3 Europe 9.3.1 Germany 9.3.1.1 Germany Accounted for the Largest Share of the European Market 9.3.2 UK 9.3.2.1 Government Initiatives to Support Market Growth in the UK 9.3.3 France 9.3.3.1 Uncertainties With Regard to the Pricing Strategy of Diagnostic Companies to Limit Market Growth in France to A Certain Extent 9.3.4 RoE 9.4 Asia Pacific 9.4.1 China 9.4.1.1 Government Initiatives in the Form of Healthcare Reforms and Investments and the Rapidly Growing Aging Population to Drive the Growth of the Market in China 9.4.2 Japan 9.4.2.1 Fast Adoption of Advanced Technologies as Well as Investments and Innovations From Key Market Players are Key Growth Drivers 9.4.3 India 9.4.3.1 Uncertainties in Healthcare Policies Might Restrict the Growth of the Market in India in the Coming Years 9.4.4 RoAPAC 9.5 Rest of the World 9.5.1 Latin America 9.5.2 Middle East & Africa 10 Competitive Landscape 10.1 Introduction 10.2 Market Share Analysis, By Key Players 10.2.1 Diagnostic Imaging Market 10.2.2 X-Ray Imaging Systems Market 10.2.3 MRI Systems Market 10.2.4 CT Scanners Market 10.2.5 Ultrasound Imaging Systems Market 10.2.6 Nuclear Imaging Systems Market 10.2.7 Mammography Systems Market 10.3 Competitive Situation and Trends 10.4 Competitive Leadership Mapping 10.5 Vendor Inclusion Criteria 10.5.1 Vendor Dive 10.5.2 Innovators 10.5.3 Dynamic Differentiators 10.5.4 Emerging Players 10.5.5 Visionary Leaders 10.5.6 Progressive Companies 10.5.7 Starting Blocks 10.5.8 Responsive Companies 10.5.9 Dynamic Companies 11 Company Profiles (Business Overview, Products Offered, Recent Developments, and FutureWise View)* 11.1 GE Healthcare (General Electric Company) 11.2 Koninklijke Philips N.V. 11.3 Siemens Healthineers (Subsidiary of Siemens Group) 11.4 Canon Inc. 11.5 Hitachi, Ltd. 11.6 Shimadzu Corporation 11.7 Carestream Health 11.8 Esaote SPA 11.9 FUJIFILM Holdings Corporation 11.10 Samsung Electronics Co., Ltd. 11.11 Agfa–Gevaert N.V. 11.12 Hologic, Inc. 11.13 CurveBeam LLC 11.14 Planmed Oy 11.15 Mindray Medical International Limited (A Subsidiary of Excelsior Union, Ltd.) *Details on Business Overview, Products Offered, Recent Developments, and FutureWise View Might Not Be Captured in Case of Unlisted Companies. 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Global Diagnostic Imaging Market to value over US $ 33 billion and grow at a CAGR of over 5% during the forecast period of 2019 to 2026. With rising consciousness about the benefits of early-stage diagnosis which has resulted in a surge for the demand for diagnostic services.This is regarded as an essential and primary growth inducer for the global medical imaging market.
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