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 report also included an extensive, market-oriented, and commercial analysis of the Medical Imaging Market, utilizing a variety of research techniques. The analysis covered various aspects of the market, including region, revenue, financial status, portfolio, technological advancement adopted, and mergers and acquisitions. The growth prospects and future business outlooks of new entrants and existing players in the Medical Imaging market were also researched.
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Medical Imaging Market Report Scope and Research Methodology
The research methodology employed in the report on the Medical Imaging market incorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles.
The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of the Medical Imaging market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of the Medical Imaging market, which involves aggregating data from individual segments to arrive at a total market size estimate.
Medical Imaging Market Segmentation
The Medical Imaging Market’s Type segment is being led by the Ultrasound sector:
The ultrasound industry held the largest market share of 30.0% in 2021, and it is anticipated that this will hold true for the duration of the prediction. The segment has grown as a result of the expansion of ultrasound applications. Recent advancements in ultrasound technology have given rise to new uses for the technology in biomedical and cardiovascular imaging. It is also anticipated that a considerable emphasis on the development of portable ultrasound devices would increase the range of uses for this modality in both ambulatory and emergency care.
The Medical Imaging Market’s Application segment is dominated by the Hospital sector:
Hospitals held the most percentage (43.1%) in 2021. Growing consumer demand for better imaging modalities and the incorporation of surgical suites with imaging technology are driving the sector. When compared to general or speciality hospitals, teaching hospitals in several wealthy nations have seen a significant growth in demand for these modalities. In contrast, the number of new hospitals has dramatically increased in developing nations in the Asia-Pacific area. This is due to the entry of international healthcare service providers. In these nations, private companies dominate the healthcare industry.
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Medical Imaging Market Key Players
• 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
Medical Imaging Market Regional Insights
The report offers an in-depth analysis of the factors influencing growth, limitations, future prospects, and competition within the industry across all regions. The market is classified by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also provides a comprehensive overview of the leading countries in each region, along with their respective market forecasts
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Key questions answered in the Medical Imaging Market are:
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