Medical imaging, often known as radiography, is a branch of medicine in which doctors reconstruct images of various body components for diagnostic or therapeutic purposes. Non-invasive medical imaging technologies allow clinicians to diagnose injuries and diseases without becoming obtrusive. Medical imaging is a critical component of modern medicine’s better outcomes. The following are examples of medical imaging procedures:
Medical Imaging Market is expected to reach US$ 61.30 Bn. at a CAGR of 6.11% during the forecast period 2029.
Medical Imaging Market overview:
The Medical Imaging market’s competitive landscape comprises information about rivals. The topics covered include a firm overview, financials, revenue produced, market potential, R&D investment, new market efforts, geographical presence, business strengths and weaknesses, product launch, and application domination. The following information is only relevant to the organization’s focus on the Medical Imaging market.
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Medical Imaging Market scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research’s market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). To create percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the given market Size in the relevant area or nation determines the country-wise segmentation of the main market and its sub-segments.
Segmentation:
In 2021, hospitals had the highest share of 43.1%. The industry is being driven by rising demand for better imaging modalities and the integration of surgical suits with imaging technology. Teaching hospitals in certain wealthy countries have seen a considerable increase in demand for these modalities when compared to general or specialty hospitals. Developing countries in the Asia Pacific region, on the other hand, have seen a sharp increase in the number of new hospitals. The entry of global healthcare service companies is to blame for this. Private players dominate the healthcare sector in these countries.
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Key Players: Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers’ annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data. The following are the key players of the Medical Imaging market-
- GE Healthcare
• Koninklijke Philips N.V.
• Siemens Healthineers
• Canon Medical Systems Corporation
• Bruker
• Mediso Ltd.
• MILabs B.V.
• MR Solutions
• TriFoil Imaging
• PerkinElmer Inc.
• FUJIFILM VisualSonics Inc.
• Cubresa Inc
• Siemens Healthcare
• Philips Healthcare
• Shimadzu Corporation
• Toshiba Medical Systems Corporation
• Hologic
Regional Analysis:
Individual market influencing components and changes in market rules that affect current and future market trends are also investigated in the geographical component of the research. Some of the factors used to forecast market scenarios for various countries include downstream and upstream value chain analysis, technological trends, Porter’s five forces analysis, and case studies.
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COVID-19 Impact Analysis on Medical Imaging Market: Furthermore, the research assesses the impact of COVID-19 on the Medical Imaging market. The fundamental purpose of this research is to help users understand the market in terms of definition, segmentation, market potential, key trends, and difficulties that the industry confronts across major regions. The paper provides a microeconomic and macroeconomic analysis of the overall impact of COVID-19 on the Medical Imaging Market. The report focuses on market share and size, clearly demonstrating the pandemic’s influence on the worldwide Medical Imaging Market in the next years.
Key Questions Answered in the Medical Imaging Market Report are:
- What will be the Medical Imaging market’s CAGR throughout the projected period (2021-2027)?
- Which market category emerged as the market leader in the Medical Imaging industry?
- Who are the key players in the Medical Imaging market?
- What important trends in the Medical Imaging industry are anticipated to develop throughout the forecast period?
- How big will the Medical Imaging market be in 2027?
- In 2020, which business segment had the highest proportion of the Medical Imaging market?
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