Medical Imaging Market Analysis: Major Players, Lucrative Segments And Top Geographies
3 Jul, 2023
The global medical imaging market size is expected to grow from $37.78 billion in 2022 to $40.35 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global medical imaging market size is expected to reach $51.07 billion in 2027 at a CAGR of 6.1%.
Global Medical Imaging Market Key Driver
The rising frequency of chronic disorders is projected to boost the medical imaging industry forward in the approaching years. Chronic illness is a medical condition or illness that typically lasts three months or longer and has the potential to worsen over time. Chronic illnesses are more common in older persons, and they can often be treated but not cured. Because medical imaging is employed in the diagnosis and detection of chronic illnesses, the growing prevalence of chronic illnesses benefits the medical imaging market.
Get a sample of the global medical imaging market reportGlobal Medical Imaging Market Segments
The global medical imaging market is segmented:
1) By Product: X-Ray Devices, Magnetic Resonance Imaging (MRI), Ultrasound, Computed Tomography, Nuclear Imaging, Mammography
2) By Application: Obstetrics And Gynecology Health, Orthopedics And Musculoskeletal, Neuro And Spine, Cardiovascular And Thoracic, General Imaging, Oncolgy, Urology, Breast Health, Other Applications
3) By End User: Hospitals, Specialty Clinics, Diagnostic Imaging Centers, Other End Users
4) By Geography: The regions covered in the medical imaging market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global medical imaging market.
Major Medical Imaging Industry Players
Siemens Healthcare GmbH, Canon Medical Systems Corporation, Samsung Medison Co Ltd., Koninklijke Philips N V, Carestream Health, Fujifilm Holdings Corporation, Esaote SpA, GE Healthcare, Hologic Inc., Koning Health, PerkinElmer Inc., Cubresa Inc., Hitachi Ltd., Medtronic PLC, Analogic Corporation
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Medical Imaging Market Overview
Medical imaging comprises a variety of technologies and devices that are used to create images of body parts to identify, observe, or treat medical disorders. Each technology type provides distinct information on the part of the body being investigated or treated, concerning potential illness, damage, or the efficacy of medical care.
Medical Imaging Global Market Report 2023 provides data on the global medical imaging market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The medical imaging market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.