One trend in the market is growing focus of vendors toward technological advances.
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The analysts forecast medical imaging market in APAC to grow at a CAGR of 9.57% during the period 2017-2021.
Key vendors operating within global markets have targeted APAC for generating revenue from the sales of their mid-range medical imaging equipment in the last decade.
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Within APAC, the revenue generated from the sales of X-ray and ultrasound equipment is high when compared with the other segments, which include nuclear medical imaging, CT, and MRI. MRI is under-penetrated in the Asian market.
According to medical imaging market the report, one driver in the market is government initiatives and pilot programs. Early diagnosis of breast cancer can reduce the morbidity as well as mortality and increases the survival rate of the affected individuals.
The governments of various countries have come forward to reduce the prevalence of breast cancer by bringing in awareness among the female population and by educating women in the developed countries.
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Countries such as Australia, Singapore, and India are among the few developed and developing countries that have mandated cancer check-ups in medical facilities. In emerging countries, modernization of the healthcare infrastructure and the increasing focus of MNCs on strengthening their networks in these regions are positively impacting the medical imaging market.
Major key players in the medical imaging market in APAC: GE Healthcare, Koninklijke Philips, Siemens Healthcare, Toshiba Medical Systems, FUJIFILM, Accuray, Accutome, Alpinion Medical Systems, Analogic, ASAHI Roentgen, Atlantis Worldwide, BenQ Medical Technology, Bestman, BMV Technology, Boston Scientific, Bruker, Capintec, Carestream, Cephasonics, CMR Naviscan, CurveBeam, DDD-Diagnostic, Delphinus Medical Technologies, EOS imaging, Esaote, Fuel 3D Technologies, Gendex, Guangzhou Yueshen Medical Equipment, Hitachi, Hologic, Imaging Sciences International, Insightec, J. Morita Corporation, Jiangsu TongRen Medical Electronic Technology, Konica Minolta, Lupica Medical Systems, MedGyn, Mediso Medical Imaging Systems, Mindray Medical International, NeuSoft, PLANMECA, Samsung Medison, Shimadzu Corporation, Sonostar, SOREDEX, TomTec Imaging Systems, Wuhan Tianyi Electronic, Wuhan Zoncare Bio-medical Electronics, Xoran Technologies, and Zhuhai Ecare Electronics Science & Technology.
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Further, the medical imaging market report states that one challenge in the market is rising demand for refurbished equipment. In the dynamic healthcare landscape, it is difficult to take a decision about investing in new medical devices.
To combat that, refurbished medical equipment is being increasingly used as an option by many end-users who are eager to cut down on the costs, yet obtain the necessary medical devices. The steady growth in sales of refurbished equipment indicates that a good number of customers prefer them.
Manufacturers of new imaging equipment are facing intense competition from vendors offering a broad range of refurbished equipment.
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Few Points from List of Exhibits:
Exhibit 1: Market Characteristics
Exhibit 2: Market Definition: Inclusions and Exclusions Checklist
Exhibit 3: Market Size 2016
Exhibit 4: Validation Techniques Employed For Market Sizing 2016
Exhibit 5: Medical Imaging Market In Apac 2016-2021 ($ Millions)
Exhibit 6: Medical Imaging Market In Apac: Year-Over-Year Growth 2017-2021 (%)
Exhibit 7: Five Forces Analysis
Exhibit 8: Medical Imaging Market In Apac by Application 2016
Exhibit 9: Medical Imaging Market In Apac by Product 2016-2021 (%)
Exhibit 10: Comparison by Product
Exhibit 11: General X-Ray Equipment Market In Apac 2016-2021 ($ Millions)
Exhibit 12: General X-Ray Equipment Market In Apac: Year-Over-Year Growth 2017-2021 (%)
Exhibit 13: Ultrasound Equipment Market In Apac 2016-2021 ($ Millions)
Exhibit 14: Ultrasound Equipment Market In Apac: Year-Over-Year Growth 2017-2021 (%)
Exhibit 15: Mri Equipment Market In Apac 2016-2021 ($ Millions)
Exhibit 16: Mri Equipment Market In Apac: Year-Over-Year Growth 2017-2021 (%)
Exhibit 17: Ct Scanners Market In Apac 2016-2021 ($ Millions)
Exhibit 18: Ct Scanners Market In Apac: Year-Over-Year Growth 2017-2021 (%)
Exhibit 19: Pet/Spect Market In Apac 2016-2021 ($ Millions)
Exhibit 20: Pet/Spect Medical Imaging Market In Apac: Year-Over-Year Growth 2017-2021 (%)
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