Global Medical Imaging Equipment Market: Size, Trends, Forecasts (2019-2023)

Scope of the Report

The report entitled “Global Medical Imaging Equipment Market: Size, Trends, Forecasts (2019-2023)”, provides an in-depth analysis of the medical imaging equipment market including detailed description of market sizing and growth. The report provides analysis of the medical imaging equipment market by value, by segments and by region. The report further provides detailed regional analysis of the global medical imaging equipment market by value.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall medical imaging equipment market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the medical imaging equipment market are Siemens AG, General Electronics (GE), Philips and Canon. The four companies have been profiled in the report providing detailed analysis of their financial information and business strategies.

Country Coverage

Asia Pacific

Company Coverage

Siemens AG
General Electronics (GE)

Executive Summary

Medical imaging is a technique or a method of digital representation of the internal organs of the body, so that physician may diagnose the diseases associated to body. The various type of medical imaging technology delivers different information allied with potential disease, injury or gives the idea about the delivered medical treatments.

Medical imaging techniques are less invasive or absolutely non-invasive and it provides help to the doctors to look into the body and to understand the possible diseases or injury. The various medical imaging techniques are: X-ray Radiography, Magnetic Resonance Imaging (MRI), Medical Ultrasonography, Computed Tomography and Fluoroscopy.

The medical imaging can be segmented on the basis of end user such as, hospital, independent diagnostic centers and ambulatory health care. Additionally, medical imaging can also be divided on the basis of application named as, Obestrics/Gynecology health, Orthopedics Musculoskeletal, Neuro and Spine, Breast Health and General imaging.

The global medical imaging equipment market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as increase in geriatric and obese population, rising healthcare spending, increasing ratio of chronic diseases, increasing life expectancy etc. However, the market is not free from challenges that are hindering its growth.

Some of the major challenges faced by the market are shortage of helium, high cost treatments, deficiency of skilled radiologist, regulatory issues and safety issues are associated with medical imaging.

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