Diagnostic Imaging Market - Key Trends, dynamics, Competitive Landscape, Product Benchmarking, and Latest Key Acquisitions and Mergers.
Maximize Market Research, a reputable provider of business research and consulting services, forecasts that the global market for Diagnostic Imaging was valued at US$ 28.05 Bn. in 2021 and is estimated to reach a value of US$ 38.4 Bn. in 2029. The Global Diagnostic Imaging Market size is estimated to grow at a CAGR of 5.8% over the forecast period.
The research report on the Diagnostic Imaging market offers extensive details on the market's size, rate of growth, revenue, trends, and potential in addition to a forecast for the years up to 2029. The major factors influencing the development of this industry have also been fully considered. The results of this study, which involved a thorough quantitative examination of the market, can be used to create policies that would encourage productivity and growth.
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Diagnostic Imaging Market Overview:
The most recent drivers, restraints, and opportunities in the Diagnostic Imaging industry are the main subjects of the in-depth corporate business research of the Diagnostic Imaging market. The outcomes were then verified by contacting well-known businesses. The secondary inquiry and analysis of these data sources use both commercial and free data sources. Reliable data sources, official government sources, and, in the case of publicly traded companies, financial reports of the company are used to compile information on each player's supply and consumption. Financial records may be requested by the local government's tax division even if they aren't typically available to the general public.
COVID-19 Impact:
The analysis provides more precise and true estimations in keeping with the realities of the market by looking at the current and possible effects of the COVID-19 pandemic on the larger market. The massive spread of the coronavirus is causing distress. Social segregation laws, such as lockdowns, are present in nearly every nation. Major supply interruptions have resulted from this. Globally, social systems have changed as a result of the disease's broad consequences. The COVID-19 has an impact on the entire market, and that impact will get stronger in 2019 and 2020 in keeping with the market's rate of growth. The COVID-19 event has forced enterprises to manage risk and digitise operations in order to give trustworthy information and experiences to decision-makers. This is in line with the most recent MMR assessments, studies, and recommendations addressing management issues that are very important for organisations and businesses and have a significant effect on the market.
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Diagnostic Imaging Market Key players:
• GE Healthcare
• Siemens Healthineer
• Koninklijke Philips NV.
• Canon Medical System Corporation
• FUJIFILM Holdings Corporation
• Hitachi Ltd.
• Carestream Health Inc.
• Esaote S.p.A
• Hologic Inc.
• Agfa-Geveaert N.V
• SAMSUNG Electronics
• Mindray Medical International
• Planmed OY
• CurveBeam LLC
• Shimadzu Corporation
Key company and market share insights:
For the public's advantage, the top rivals are highlighted in this instance. In order to keep their market-leading positions, large companies often make important strategic decisions, such as improving their product portfolios, M&A deals, partnerships, cutting-edge product development, and international growth. The report contains the company's objectives as well as significant financial data and original insights. Users can also get information on the companies' global sales, revenue, and profit margins for the years 2017 through 2022.
Diagnostic Imaging Market Dynamics:
Growing Interest in Early Disease The growth factors are diagnosis and a wider range of clinical applications. - Globally, chronic disease rates are rising, and diagnostic imaging techniques are crucial for making a precise diagnosis of these illnesses. These prevalent and expensive long-term health issues are steadily rising as a result of the ageing population's growth and shifting social norms. Obesity, diabetes, cardiovascular disease, and cancer account for the majority of deaths from chronic illnesses. Globally, 19.25 million new cases of cancer were reported in 2020, and 25.2 million cases are anticipated in 2029, according to GLOBOCAN.
Diagnostic Imaging Market Segment:
The Diagnostic Imaging Market is divided into the X-Ray Imaging Systems, Compound Tomography (CT) Scanners, Conventional CT Systems, Ultrasound Systems, Magnetic Resonance Imaging (MRI) Systems, Nuclear Imaging Systems, SPECT Systems, Hybrid SPECT Systems, and Mammography Systems based on the type of product.
The market's largest segment, compound tomography (CT) scanners, are expected to grow by 12% during the anticipated time frame. The fact that current computed tomography (CT) technology enables near-isotropic, sub-millimeter resolution acquisition of the entire chest in a single breath-hold is what's responsible for the market's expansion. The radiologists' data load has increased significantly as a result of these thin-slice chest scans, which have become essential in thoracic radiology.
Regional Analysis:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
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