The global diagnostic imaging market is estimated to grow at a CAGR of 6.2% from 2015 to 2020. Although the mature market such as North America and Europe hold larger share in diagnostic imaging market, the Asia-Pacific region is expected to grow at the highest CAGR of 7.2%.
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The global diagnostic imaging market is highly competitive, with a large number of global and local players. The X-ray imaging system is expected to hold the largest share of the global diagnostic imaging market in the forecast period.
Factors such as the increasing number of new product launches by market players to strengthen their product portfolio and strategic collaborations to offer expanded capabilities to customers are stimulating the growth of the global X-ray imaging systems market.
Complete report on Diagnostic Imaging Market spread across 208 pages, profiling 10 companies and supported with 93 tables and 61 figures is now available at www.reportsnreports.com/reports/27…asts-to-2018.html .
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The global diagnostic imaging market has witnessed challenging and dynamic market conditions due to the presence of high competition amongst market players and increasing burden and awareness regarding diagnostic procedures. Geographically, market is classified into four regions - North America, Europe, Asia-Pacific, and the Rest of the World.
- Diagnostic imaging instrument manufacturers and suppliers
- Hospitals and contract research organizations (CROs)
- Diagnostic imaging centers
- Research and development (R&D) companies
- Diagnostic imaging software providers
- Business research and consulting service providers
- Medical research laboratories
- Academic medical centers and universities
The growth of the diagnostic imaging market is primarily triggered by factors such as the increasing aging population, improving healthcare facilitates in emerging countries of Asia-Pacific and RoW region, geographic expansion of market players, and the government initiatives to fulfill healthcare needs. However, factors such as high cost of diagnostic imaging systems, growing preference of hospitals towards refurbished devices due to budget constraints, and reimbursement cuts in mature regions are restraining the growth of the diagnostic imaging market.
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The X-ray and ultrasound systems market is divided on the basis of technology and portability; whereas, CT systems are divided on the type of slice. MRI systems are divided on the basis of type of architecture and field strength.
The nuclear imaging systems market is categorized into SPECT and hybrid PET systems, which are further divided into standalone and hybrid modalities.
Premium Insights of diagnostic imaging are covered in this research
1 Global Diagnostic Imaging Market Overview
2 Geographic Analysis: Diagnostic Imaging Market Share, By Product, 2015
3 Geographical Snapshot of the Diagnostic Imaging Market, 2015
4 Life Cycle Analysis, By Region
Global diagnostic imaging market was dominated by GE Healthcare (General Electric Company, U.K.), Siemens Healthcare GmBH (Siemens AG, Germany), Koninklijke Philips N.V. (The Netherlands), Toshiba Medical Systems Corporation (Toshiba Corporation, Japan), and Hitachi Medical Corporation (Hitachi Ltd., Japan).
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Geographically, North America commands the largest share of~33% of the global diagnostic imaging market in 2015, followed by Europe. The diagnostic imaging market in the North American market is primarily driven by various factors, including the high incidence and prevalence of various diseases (such as cancer and CVD), large number of diagnostic imaging centers and procedures in this region, growing number of ongoing research activities, and fast adoption of technologically advanced imaging systems.
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