IQ4I Research & Consultancy Published a New Report on “Diagnostic Imaging Global Market": Estimated to be Worth $30.1 Billion by 2020
The global Diagnostic Imaging market is expected to reach $30.1 billion by 2020. This report analyzes the Diagnostic Imaging market in terms of market revenue ($ Million) for all segments. The market analysis is performed by product type, technology type, application type and end users (Products (Computed Tomography Scanners, Nuclear Imaging(NI) Equipments, Magnetic Resonance Imaging Systems, Ultrasound Scanners, X-ray Devices and Others), Techniques and more
The Diagnostic Imaging market is increasing incidence of life threatening diseases with growth of aged cohort, growing awareness among people about early disease diagnosis and improving healthcare expenditure in emerging markets and increasing investments by government as well as private bodies in mature and emerging markets to modernize diagnostic imaging are the few factors driving the market growth.
High cost of diagnostic imaging systems and imposition of excise tax on sale of medical devices, lack of skilled personnel and reimbursement cuts for diagnostic procedures in emerging countries are the few factors hampering the market growth. Fusion & multimodality and cost optimization through software are the emerging trends in this market.
In 2013, the North America accounted for the largest share in Diagnostic imaging technologies market. Increased number of diagnostic imaging centers, prevalence of various diseases, like cancer and cardiovascular diseases, and increased number of ongoing research activities are the factors driving the North America’s market growth followed by Europe. On the other hand the Asian countries is an emerging region which has a budding market especially in India and China expected to grow strong during the forecast period due to rising government funds, increasing adoption of advanced healthcare systems and improved healthcare insurance coverage.
The Diagnostic imaging technologies global market is a fragmented market with key players such as Analogic Corporation (U.S.), Carestream Health, Inc. (U.S.), GE Healthcare (U.K), Hitachi Medical Corporation (Japan), Hologic, Inc. (U.S.), Philips Healthcare (Netherlands), Samsung Medison (South Korea), Shimadzu Corporation (Japan), Siemens Healthcare (Germany) and Toshiba Medical System Corporation (Japan).
GE Healthcare is the largest player in the diagnostic imaging market with a share of perentage, followed by Philips Healthcare, and Siemens Healthcare accounting for percentage and shares respectively in 2013. The diagnostic imaging market is consolidated, with major players accounting for more than 70% market share in 2013.
Reasons for buying this report:
· Market assessment of all segments and sub segments of diagnostic imaging market
· In-depth market sizing analysis of various segments and sub segments of Products, Technologies, Applications, End Users and Regional markets
· Regulatory scenario across the globe
· Winning Imperatives
· Upcoming technologies
· Market share analysis of key players
· Major player profiles and their competitive landscaping