Report on Global Sales of Imaging Equipment Published
By MedImaging International staff writers Posted on 12 Apr 2015 |
A new report released by Research and Markets (Dublin, Ireland) has analyzed the global market for diagnostic imaging technologies through the year 2020.
The researchers forecast that the global diagnostic imaging market will reach approximately USD 27.1 billion with a Compound Annual Growth Rate (CAGR) of 4.7% by the year 2020, to become one of the fastest growing healthcare sectors.
Factors driving the growth of the diagnostic imaging market include preventive screening, new procedures, disease prevalence, and research. Factors that restrict market growth include public awareness of radiation risks, increasing costs and reduced insurance cover, aging equipment, and a shortage of helium for Magnetic Resonance Systems (MRI).
The researchers expect the Asia-Pacific diagnostic imaging market to show the highest CAGR growth. The largest share of the global diagnostic imaging market is still held by North America, followed by Europe. X-Ray imaging is still the most-used imaging procedure, followed by MRI, Positron Emission Tomography (PET), Single-Photon Emission Computed Tomography (SPECT), Computed Tomography (CT), and nuclear medicine.
The diagnostic imaging market is dominated by GE Healthcare (Chalfont St Giles, Buckinghamshire, UK), Royal Philips (Amsterdam, the Netherlands), Siemens Healthcare (Erlangen, Germany), Toshiba Medical Systems Corporation (Otawara-shi, Tochigi-ken, Japan), Hitachi Medical (Tokyo, Japan), Carestream (Rochester, NY, USA), Esaote (Genova, Italy), Hologic (Bedford, MA, USA), Samsung Medison (Seoul, Korea), and Shimadzu Corporation (Kyoto, Japan).
Related Links:
Research and Markets
The researchers forecast that the global diagnostic imaging market will reach approximately USD 27.1 billion with a Compound Annual Growth Rate (CAGR) of 4.7% by the year 2020, to become one of the fastest growing healthcare sectors.
Factors driving the growth of the diagnostic imaging market include preventive screening, new procedures, disease prevalence, and research. Factors that restrict market growth include public awareness of radiation risks, increasing costs and reduced insurance cover, aging equipment, and a shortage of helium for Magnetic Resonance Systems (MRI).
The researchers expect the Asia-Pacific diagnostic imaging market to show the highest CAGR growth. The largest share of the global diagnostic imaging market is still held by North America, followed by Europe. X-Ray imaging is still the most-used imaging procedure, followed by MRI, Positron Emission Tomography (PET), Single-Photon Emission Computed Tomography (SPECT), Computed Tomography (CT), and nuclear medicine.
The diagnostic imaging market is dominated by GE Healthcare (Chalfont St Giles, Buckinghamshire, UK), Royal Philips (Amsterdam, the Netherlands), Siemens Healthcare (Erlangen, Germany), Toshiba Medical Systems Corporation (Otawara-shi, Tochigi-ken, Japan), Hitachi Medical (Tokyo, Japan), Carestream (Rochester, NY, USA), Esaote (Genova, Italy), Hologic (Bedford, MA, USA), Samsung Medison (Seoul, Korea), and Shimadzu Corporation (Kyoto, Japan).
Related Links:
Research and Markets
Latest Industry News News
- Hologic Acquires UK-Based Breast Surgical Guidance Company Endomagnetics Ltd.
- Bayer and Google Partner on New AI Product for Radiologists
- Samsung and Bracco Enter Into New Diagnostic Ultrasound Technology Agreement
- IBA Acquires Radcal to Expand Medical Imaging Quality Assurance Offering
- International Societies Suggest Key Considerations for AI Radiology Tools
- Samsung's X-Ray Devices to Be Powered by Lunit AI Solutions for Advanced Chest Screening
- Canon Medical and Olympus Collaborate on Endoscopic Ultrasound Systems
- GE HealthCare Acquires AI Imaging Analysis Company MIM Software
- First Ever International Criteria Lays Foundation for Improved Diagnostic Imaging of Brain Tumors
- RSNA Unveils 10 Most Cited Radiology Studies of 2023
- RSNA 2023 Technical Exhibits to Offer Innovations in AI, 3D Printing and More
- AI Medical Imaging Products to Increase Five-Fold by 2035, Finds Study
- RSNA 2023 Technical Exhibits to Highlight Latest Medical Imaging Innovations
- AI-Powered Technologies to Aid Interpretation of X-Ray and MRI Images for Improved Disease Diagnosis
- Hologic and Bayer Partner to Improve Mammography Imaging
- Global Fixed and Mobile C-Arms Market Driven by Increasing Surgical Procedures