Global Diagnostic Imaging Equipment Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

The diagnostic imaging equipment market consists of sales of diagnostic imaging equipment and related services by entities (organizations, sole traders and partnerships) that produce diagnostic imaging equipment used in diagnosis of various diseases. The market is segmented into X-ray systems devices and equipment; ultrasound systems devices and equipment; computed tomography (CT) scanners devices and equipment; magnetic resonance imaging systems devices and equipment; cardiovascular monitoring and diagnostic devices and equipment; nuclear imaging devices and equipment.

Global Diagnostic Imaging Equipment Market Size And Drivers:

The global diagnostic imaging equipment market is expected to grow from $39.44 billion in 2020 to $43.07 billion in 2021 at a compound annual growth rate (CAGR) of 9.2%. The market is expected to reach $52.22 billion in 2025 at a CAGR of 5%.

The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

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Trends In The Global Diagnostic Imaging Equipment Market

Portable diagnostic equipment is expected to be a fast-growing segment, and competitors are focusing on developing new and innovative portable equipment during the forecast period. Owing to their ease of use and point-of-care applications, their adoption rates are steadily increasing not only for emergency and intensive care units in hospitals, but also as a part of homecare organizations. There is also a growing need for portable devices in the emergency care units for easy and quick usage, faster interventions for acute events, and better monitoring.

Global Diagnostic Imaging Equipment Market Segments:
The global diagnostic imaging equipment market is further segmented based on type, end user, type of expenditure, product and geography.
By Type:X-Ray Systems Devices And Equipment, Ultrasound Systems Devices And Equipment, Computed Tomography (CT) Scanners Devices And Equipment, Magnetic Resonance Imaging Systems Devices And Equipment, Cardiovascular Monitoring And Diagnostic Devices And Equipment, Nuclear Imaging Devices And Equipment.
By End User: Hospitals And Clinics, Diagnostic Laboratories, Others.
By Type of Expenditure:Public, Private.
By Product:Instruments/Equipment, Disposables.
By Geography:The global diagnostic imaging equipment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the global diagnostic imaging equipment market, accounting for 45% of the market.

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Diagnostic Imaging Equipment Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides diagnostic imaging equipment market overviews, analyzes and forecasts market size and growth for the global diagnostic imaging equipment market, diagnostic imaging equipment market share, diagnostic imaging equipment market players, diagnostic imaging equipment market segments and geographies, diagnostic imaging equipment market’s leading competitors’ revenues, profiles and market shares. The diagnostic imaging equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.