Medical Imaging - Global Market Outlook (2016-2022)

Medical Imaging - Global Market Outlook (2016-2022)

  • Published: March 2017
  • ID: SMRC16355

According to Stratistics MRC, the Global Medical Imaging market is accounted for $29.8 billion in 2016 and is expected to reach $45.1 billion by 2022 growing at a CAGR of 7.1% from 2016 to 2022. Epidemiological patterns, technological advances and increasing medical knowledge, increasing prevalence of lifestyle diseases, advantages of medical imaging modalities and advanced imaging equipments are amongst few factors that are fueling the market growth. However high cost associated with devices and side effects of emitting radiations, lack of trained personnel, low-cost sensor manufacturing in Asia and shortage in supply of Technetium-99m are limiting the growth of the market. In addition, introduction of molecular imaging methods for clinical applications, vendors focus on incorporating portable imaging devices, extensive adoption of cloud technologies are few trends and opportunities that market is likely to observe.

X-ray segment dominated the product market due to cost effective diagnostic technique. However, nuclear imaging systems is projected to be the fastest growing segment owing to adoption of minimally & non-invasive interventional medical procedures along with enhanced image quality and direct computerized processing. Furthermore, cardiovascular, orthopedic and oncology applications are growing significantly. North America is the largest market owing to the adoption of advanced infrastructure and awareness about technological advancements. Asia Pacific is projected to be fastest growing market because of the rise in the geriatric population, reimbursement policies  and patient awareness level in emerging countries like India, China, Malaysia, and Philippines.

Some of the key players in global Medical Imaging market are Mindray Medical International, Alpinion Medical Systems, BenQ Medical Technology, Boston Scientific, Carestream Health Inc, Esaote SpA, Fujifilm Holding, GE Healthcare, Hitachi Medical Corporation, Konica Minolta, Philips Healthcare, Shimadzu Corporation, Siemens Healthcare, Sonosite Inc and Toshiba Medical Systems. 

Products Covered:
•  Computed Tomography Scanners
o Portable/Mobile
o Stationary
o By Technology
Ø Low Slice Scanners
Ø Medium Slice Scanners
Ø High Slice Scanners
•  Mammography Systems
o Analog Mammography Systems
o Digital Mammography Systems
• MRI Systems
o By Field Strength
Ø Low-to-Mid-Field MRI Systems
Ø High- & Very-High-Field MRI Systems
Ø Ultra-High-Field MRI Systems
o Closed MRI Systems 
o Open MRI Systems
• Nuclear Imaging Systems/Radionuclide
o Single-Photon Emission Computed Tomography (SPECT) Scanners
o Position Emission Tomography (PET) Scanners
• Ultrasound Systems
o 2D
o 3D & 4D
o Doppler
o High Intensity Focused Ultrasound (HIFU)
o Extracorporeal Shockwave Lithotripsy (ESWL)
o By Portability
Ø Cart/Trolley Based
Ø Compact/Portable
• X-ray Imaging Systems
o Analog Imaging Systems
o Digital Imaging Systems
o By Portability
Ø  Portable X-ray Imaging Systems
Ø  Stationary X-ray Devices
• Tactile Imaging
• Thermography
• Elastography
• Other Medical Imaging Products
o Angiography Systems
o Radiographic/Fluoroscopy Systems
o Bone Densitometers
o Photoacoustic Imaging
o Functional Near Infrared spectroscopy

Applications Covered:
• Brain & Neurological
• Cardiology
• Neurology
• Obstetrics/Gynecology
• Oncology
• Pelvic & Abdominal
• Spine & Musculoskeletal
• Urological
• Vascular
• Other Applications

End Users Covered:
• Clinics
• Ambulatory Surgical Centers
• Diagnostic Imaging Laboratories
• Hospitals

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain     
o Rest of Europe 
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific      
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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