Global Diagnostic Imaging Devices Market 2018-2025 Report


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The diagnostic imaging devices global market is expected to grow at a medium single digit CAGR to reach $46,481.7 million by 2025.

The use of diagnostic imaging devices is increasing significantly due to increased demand by patients and physicians, because these devices provide precise information of disease condition which will help physicians to treat patients effectively, and play an important role in the early diagnosis and prevention of disease.

The diagnostic imaging device by products is segmented into X-ray systems (portable and stationary), Computed Tomography (CT) Scanners (portable and stationary CT scanners), Magnetic Resonance Imaging (MRI) systems (open, closed MRI), Ultrasound systems (trolley/Cart based, Compact/portable based), Nuclear imaging systems (SPECT/PET), Mammography and other systems. In CT scanners segment stationary CT commanded the largest revenue in 2018 and expected to grow at a medium single digit CAGR from 2018 to 2025. Portable CT systems grow with a double digit CAGR from 2018 to 2025. In NI segment PET commanded the largest revenue in 2018 and expected to grow at a medium single digit CAGR from 2018 to 2025. SPECT systems grow with a high single digit CAGR from 2018 to 2025. In MRI segment closed sided MRI commanded the largest revenue in 2018 and expected to grow at a medium single digit CAGR from 2018 to 2025. Open sided MRI systems grow with a high single digit CAGR from 2018 to 2025. In ultrasound segment trolley/cart ultrasound systems based commanded the largest revenue in 2018 and expected to grow at a low single digit CAGR from 2018 to 2025. Compact/portable ultrasound systems will grow with a high single digit CAGR from 2018 to 2025. In X-ray systems, stationary X-ray systems commanded the largest revenue in 2018 and expected to grow at a medium single digit CAGR from 2018 to 2025. Portable X-ray systems grow with a high single digit CAGR from 2018 to 2025.

The diagnostic imaging devices market is further segmented into Computed Tomography Scanners (Low, Medium, High slice CT scanners), Nuclear Imaging Equipment (SPECT, PET), Magnetic Resonance Imaging Systems (Low, High, Very high field MRI), Ultrasound Scanners (2D, 3D, 4D, Doppler), X-ray Devices (Digital, Computed, Analog Radiography). In CT scanners, the medium size CT scanners segment commanded the largest revenue in 2018 and is expected to grow at a mid single digit CAGR from 2018 to 2025. High slice CT systems grow with a high single digit CAGR from 2018 to 2025. In the NI segment, PET commanded the largest revenue in 2018 and is expected to grow at a mid single digit CAGR from 2018 to 2025. SPECT systems are expected to grow with a high single digit CAGR from 2018 to 2025. In the MRI segment, High field MRI commanded the largest revenue in 2018 and is expected to grow at a mid single digit CAGR from 2018 to 2025. Very high field MRI systems grow with a high single digit CAGR from 2018 to 2025. In the ultrasound segment, 2D ultrasound systems commanded the largest revenue in 2018 and is expected to grow at a low single digit CAGR from 2018 to 2025. 3D and 4D systems grow with a high single digit CAGR from 2018 to 2025. In X-ray, the digital radiography segment commanded the largest revenue in 2018 and is expected to grow at a high single digit CAGR from 2018 to 2025.

In terms of applications, the diagnostic imaging market is segmented into cardiovascular, Cancer (Oncology), abdomen related disorders, neurology, orthopaedic related problems, pulmonology, gynaecology, dental and others. Among the applications, the cancer segment holds the highest share in 2018 and is expected to grow at a high single digit CAGR from 2018 to 2025, due to increased incidence of cancer and the associated need for advanced imaging modalities.

The diagnostic imaging technologies global market by end users is segmented into hospitals, private diagnostic laboratories and research laboratories. The hospitals segment holds the highest share in 2018 and is expected to grow at a single digit CAGR from 2018 to 2025, due to increasing in infrastructure of the hospital setup, government fund allocation, an increase in the number of installed units of diagnostic imaging modalities, improved patient safety and clinical outcomes and reducing diagnosis error drives the end users market. The private diagnostic centres segment is expected to grow with a high single digit CAGR from 2018 to 2025.

The diagnostic imaging global market is segmented into four major regions: North America, Europe, Asia Pacific and Rest of World (ROW). The North American region commanded the largest revenue in 2018 and is expected to grow at a medium single digit CAGR from 2018 to 2025. Increasing growth in the aging population with life threatening diseases and asignificant increase in diagnostic centers in U.S. has led the market growth in this region. However, Asia-Pacific is expected to grow at highest single digit CAGR from 2018 to 2025 owing to its rapidly increasing aging population.

Major players in the diagnostic imaging devices global market are Carestream Health, Inc. (U.S.), GE Healthcare (U.S.), Siemens Healthcare (Germany), Philips N.V (Netherlands), Hitachi Medical Corporation (Japan), Hologic, Inc. (U.S.), Shimadzu Corporation (Japan), Canon Medical Systems Corporation (Japan), Fujifilm Holdings Corporation (Japan) and Shenzhen Mindray Bio-Medical Electronics (China).

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