The Diagnostic Imaging Equipment Market accounted to USD 28billion in 2016 growing at a CAGR of 6.4% during the forecast period of 2017 to 2024.
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Global Diagnostic Imaging Equipment Market By Product Type (X-ray Imaging (Digital, Analog), MRI (Closed, Open), Ultrasound, CTScan, Nuclear Imaging (SPECT, Hybrid PET), By Application (Oncology, Cardiology, Orthopedics, and Others), By End-Users (Hospitals, Diagnostic Centers and Research Centers), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)- Industry Trends and Forecast to 2024
Diagnostic imaging equipment is used for early detection of diseases with the usage of medical imaging. It is used to create a database of human physiology and anatomy to detect abnormalities through imaging of organs and tissues.
Major market drivers and restraints:
- Increasing government investments
- Growth in the number of diagnostic imaging centers Government Initiatives to better healthcare
- Increased incidence of chronic diseases
- Increasing patient awareness
- High cost and side effects of the radiations
By product type the diagnostic imaging equipment market is segmented X-ray imaging, MRI, Ultrasound, CT Scan, Nuclear Imaging. The X-ray imaging segment is further segmented intodigital and analog imaging.
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On the basis ofend-users the diagnostic imaging equipment market is segmented into hospitals, diagnostic centers and research centers. On the basis of application the diagnostic imaging equipment market is segmented into oncology, cardiology, orthopedics, and others
Based on geography, the market is segmented into five geographical regions:
- North America
- South America
- Middle East and Africa(MEA)
The Diagnostic Imaging Equipment Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Some of the major players operating in Electrosurgery Devices Market are:
- GE Healthcare
- Hitachi Medical Corporation
- Hologic, Inc
- Philips Healthcare
- Samsung Medison
- Siemens Healthcare Shimadzu Corporation
- Toshiba Medical Systems Corporation
- Carestream Health
- Esaote S.p.A,
- Hologic, Inc.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
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