The report is titled as ‘Diagnostic Imaging Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the diagnostic imaging market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The diagnostic imaging market is expected to grow with a significant rate in the near future.
The diagnostic imaging market 2020 is accounted for US$ 27.3 Bn and expected to reach at a value of US$ 41.1 Bn by 2028 with a significant CAGR of 5.3%.
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Diagnostic Imaging Market Dynamics
Imaging or radiography is the first line diagnostic test recommended in majority of diseases. According to WHO, 70-80% of the clinically relevant questions can be solved through diagnostic imaging such as radiography and ultrasonography. Modern diagnostic imaging offers a vast spectrum of modalities and techniques, which enables the study the function and morphology of the human body in details that approaches science fiction.
Among all diagnostic imaging techniques, ultrasonography is the most economic as both equipment and infrastructure are inexpensive, and thus the technique spread very quickly. Well-regulated use of X-ray imaging techniques by national and international laws makes it the best diagnostic imaging technique.
Technological advancements in diagnostic imaging devices are the major factor driving the growth of global diagnostic imaging market. Introduction of magnetic resonance imaging and molecular imaging techniques have revolutionized the global diagnostic imaging market.
Growing prevalence of chronic diseases is further driving the growth of global diagnostic imaging market. However, requirement of highly developed infrastructure for modern imaging equipment is limiting the growth of global diagnostic imaging market. Thousands of hospitals and institutions worldwide do not have the possibilities to perform even these fundamental imaging procedures, for lack of equipment and/or diagnostic imaging skills.
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Diagnostic Imaging Market Segmentation
The global diagnostic imaging market is segmented on the basis of product type, application, end user and region.
By Product Type
- X-ray Imaging Systems
By Technology
- X-ray Digital Imaging Systems
- Direct Radiography (DR)
- Computed Radiography (CR)
- X-ray Analog Imaging Systems
- Computed Tomography (CT) Scanners
By Technology
- Conventional CT systems
- Cone Beam CT Systems (CBCT)
- Conventional CT Systems Market, by Technology
- High-slice CT Scanners
- Mid-slice CT Scanners
- Low-slice CT Scanners
- Ultrasound Systems
By Technology
- 2D Ultrasound
- 3D and 4D Ultrasound
- Doppler Ultrasound
By Portability
- Trolley/Cart-based Ultrasound Systems
- Compact/Portable Ultrasound Systems
- Magnetic Resonance Imaging (MRI) Systems
By Architecture
- Closed MRI
- Open MRI
By Field Strength
- High- and Very-high-field MRI Systems
- Low-to-mid-field MRI Systems
- Ultra-high-field MRI Systems
- Nuclear Imaging Systems
SPECT Systems
- Standalone SPECT Systems
- Hybrid SPECT Systems
- Hybrid PET Systems
- Mammography Systems
By Application
- X-ray Imaging Systems
- General Radiography
- Dental
- Fluoroscopy
- MRI Systems
- Brain & Neurological MRI
- Spine & Musculoskeletal MRI
- Vascular MRI
- Pelvic & Abdominal MRI
- Breast MRI
- Cardiac MRI
- Ultrasound Systems
- Radiology/General Imaging
- Cardiology
- Obstetrics/Gynecology
- Urology
- Vascular
- Other Applications
- CT Scanners
- Cardiology
- Oncology
- Neurology
- Other Applications
- Nuclear Imaging Systems
- Cardiology
- Oncology
- Neurology
- Other Applications
- Mammography Systems
By End User
- Hospitals
- Clinics
- Diagnostics Centers
- Others
Diagnostic Imaging Market Key Players
Some of the key players identified in global diagnostic imaging market are GE Healthcare, Toshiba Medical Systems Corporation, Hitachi Ltd., Siemens Healthineers, Koninklijke Philips N.V., Hologic, Inc., Fujifilm Corporation, Shimadzu Corporation, Carestream Health, Inc., Varian Medical Systems etc. among others.
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