Medical Imaging Market, By Product (X-Ray, Nuclear imaging, Computed Tomography, Ultrasound, and MRI), by Type (Stationary, and Portable) and Geography (NA, EU, APAC, and RoW) Analysis, Share, Trends, Size, & Forecast From 2014 2025
REPORT HIGHLIGHT
The medical imaging market is estimated to represent a global market of USD 32.67 billion by 2017 with growth rate of 5.1%.
Market Dynamics
The global rise in the number of people affected by chronic disease conditions such as respiratory diseases, cardiac disorders, and cancer is expected to drive the market growth significantly. According to the Centers for Disease Control and Prevention, as of 2012, more than 117 million populations had one or more types of chronic health conditions across the globe. The organization also stated that in 2014, seven out of ten death was due to the chronic disease condition. Medical imaging plays an important role in the diagnosis of such chronic disease conditions, driving the market demand.
In addition, with the convergence of technology breakthroughs, the pace of advancements in this sector is accelerating. Several companies are coming up with novel and innovative technologies in order to diagnose critical disease conditions safely and effectively. For instance, the emergence of diagnostic imaging systems with a lowered dose of ionizing radiation, aiming to reduce adverse effects of radiations to the patients is considered to be one of the important inventions in this area. Moreover, other factors such as the shift from analog to digital technology, favorable government initiatives, and aging population are likely to create further growth opportunities for this industry.
Product Takeaway
In terms of product, the market is segmented as X-Ray, Nuclear imaging, Computed Tomography, Ultrasound, and MRI. X-ray equipment accounted for the largest share of the total market, around 8.16 billion in 2017, and projected to dominate the market over the forecast period. This segment covers the overall estimation for handheld, stationary and mobile X-ray devices. On another side, nuclear and ultrasound segment is anticipated to grow with the highest CAGR during the forecast period. Notable advancements in elastography, 4D imaging technology, contrast agents, and fusion imaging are anticipated to support these segments to grow consistently. Based on types, the global industry is categorized into Stationary, and Portable devices.
Regional Takeaway
Regionally, North America and Europe accounted for the largest share of the total market. Increasing chronic disease incidences, aging population coupled with rising purchasing power is supporting the regional growth. The Asia Pacific is likely to grow at the fastest growth rate over the forecast period. Countries such as Japan, India, and China are considered to support the strong growth of this region. For example, advancement in technology and presence of major diagnostic imaging players like Toshiba and Hitachi in Japan will help APAC to capture significant revenue share in the future period.
Key Vendor Takeaway
Companies such as Phillips, GE Healthcare, Shimadzu Corporation, Aribex, and Siemens Healthineers are extensively profiled in the study. Key participants in medical imaging industry are continuously striving to gain a competitive edge by introducing innovative products coupled with geographic expansion. For instance, in June 2016, Shimadzu Corporation introduced Mobile X-Ray system that offers better functionality, high-quality images, and new software functions to capture large customer base.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Hospitals
- Government and Regional Agencies and Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCT
- X-Ray
- Nuclear imaging
- Computed Tomography
- Ultrasound
- MRI
MARKET, BY TYPE
- Stationary
- Portable
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. MEDICAL IMAGING MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. MEDICAL IMAGING KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. MEDICAL IMAGING INDUSTRY STUDY
4.1. Porter’s Analysis
4.2. Market Attractiveness Analysis
4.3. Regulatory Framework Analysis
5. MEDICAL IMAGING MARKET LANDSCAPE
5.1. Market Share Analysis
6. MEDICAL IMAGING MARKET – BY PRODUCT
6.1. Overview
6.2. X-Ray
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.3. Nuclear imaging
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.4. Computed Tomography
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.5. Ultrasound
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.6. MRI
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7. MEDICAL IMAGING MARKET – BY TYPE
7.1. Overview
7.2. Stationary
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3. Portable
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8. MEDICAL IMAGING MARKET– BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.2.3. U.S.
8.2.3.1. Overview
8.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.2.4. Canada
8.2.4.1. Overview
8.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.3. Europe
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.3.3. France
8.3.3.1. Overview
8.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.3.4. Germany
8.3.4.1. Overview
8.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.3.5. Rest of Europe
8.3.5.1. Overview
8.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.4.3. China
8.4.3.1. Overview
8.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.4.4. India
8.4.4.1. Overview
8.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.4.5. Rest of APAC
8.4.5.1. Overview
8.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.5. Rest of the World
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.5.3. Latin America
8.5.3.1. Overview
8.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.5.4. Middle East and Africa
8.5.4.1. Overview
8.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9. KEY VENDOR ANALYSIS
9.1. Phillips
9.1.1. Company Overview
9.1.2. SWOT Analysis
9.1.3. Key Developments
9.2. GE Healthcare
9.2.1. Company Overview
9.2.2. SWOT Analysis
9.2.3. Key Developments
9.3. Shimadzu Corporation
9.3.1. Company Overview
9.3.2. SWOT Analysis
9.3.3. Key Developments
9.4. Aribex
9.4.1. Company Overview
9.4.2. SWOT Analysis
9.4.3. Key Developments
9.5. Siemens Healthineers
9.5.1. Company Overview
9.5.2. SWOT Analysis
9.5.3. Key Developments
*Client can request additional company profiling as per specific requirements
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. Abbreviations
11.3. Disclaimer
11.4. Contact Us
List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PEST Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global Medical Imaging Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
Table 10 Medical Imaging Market, by Product, 2014 – 2025 (USD Billion)
Table 11 Medical Imaging Market, by Type, 2014 – 2025 (USD Billion)
Table 12 Medical Imaging Market, by Geography, 2014 – 2025 (USD Billion)
Table 13 North America Medical Imaging Market, 2014 – 2025 (USD Billion)
Table 14 U.S. Medical Imaging Market, 2014 – 2025 (USD Billion)
Table 15 Canada Medical Imaging Market, 2014 – 2025 (USD Billion)
Table 16 Europe Medical Imaging Market, 2014 – 2025 (USD Billion)
Table 17 France Medical Imaging Market, 2014 – 2025 (USD Billion)
Table 18 Germany Medical Imaging Market, 2014 – 2025 (USD Billion)
Table 19 Asia Pacific Medical Imaging Market, 2014 – 2025 (USD Billion)
Table 20 China Medical Imaging Market, 2014 – 2025 (USD Billion)
Table 21 India Medical Imaging Market, 2014 – 2025 (USD Billion)
Table 22 Latin America Medical Imaging Market, 2014 – 2025 (USD Billion)
Table 23 MEA Medical Imaging Market, 2014 – 2025 (USD Billion)
List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Regulatory Framework Analysis
Figure 5 Medical Imaging Market, by Product, 2014 – 2025 (USD Billion)
Figure 6 Medical Imaging Market, by Type, 2014 – 2025 (USD Billion)
Figure 7 Medical Imaging Market, by Geography, 2014 – 2025 (USD Billion)
