Global diagnostic imaging market has following top players 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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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%.
Growing public-private investments by market players in the emerging regions of Asia-Pacific and RoW are creating opportunities for the growth of diagnostic imaging market in these regions.
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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
Growth of diagnostic imaging market primarily triggered by factors like increasing aging population, improving healthcare facilitates in emerging countries of Asia-Pacific and RoW region, geographic expansion of market players, & government initiatives to fulfill healthcare needs. Factors like high cost of diagnostic imaging systems, growing preference of hospitals towards refurbished devices due to budget constraints, & reimbursement cuts in mature regions are restraining growth of diagnostic imaging market.
Global diagnostic market categorized into five segments, namely, X-ray Imaging Systems, Computed Tomography (CT) Systems, Ultrasound Systems, Magnetic Resonance Imaging (MRI) Systems, and Nuclear Imaging Systems. Each modality is further divided into subsegments.
X-ray & ultrasound systems market is divided on basis of technology and portability; whereas, CT systems are divided on type of slice. MRI systems are divided on basis of type of architecture and field strength.
1 Increasing Investments, Funds, & Grants By Government Bodies for Modernization of Imaging Facilities
2 Increasing Investments From Public-Private Organizations
3 Growth in the Number of Diagnostic Imaging Centers
4 Rising Prevalence of Cancer
5 Increasing Geriatric Population and the Subsequent Growth in the Incidence of Various Diseases
6 Technological Advancements in Diagnostic Imaging Modalities
7 Increasing Preference for Minimally Invasive Treatments
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.
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