$33.5 Bn Diagnostic Imaging Market - Global Forecast to 2024

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Dublin, May 15, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. The global diagnostic imaging market is projected to reach USD 33.5 billion by 2024 from USD 25.7 billion in 2019, at a CAGR of 5.5% from 2019 to 2024.

Diagnostic imaging is the use of electromagnetic radiation in combination with other technologies by employing diagnostic imaging devices, to produce images of internal human body structures in order to diagnose accurately. The growth of this market is primarily driven by the increasing demand for early disease diagnosis and widening scope of clinical applications, rapidly growing geriatric population and the subsequent increase in the prevalence of associated diseases, technological advancements in the diagnostic imaging industry, and increasing investments, funds, and grants by public-private organizations.

However, the high cost of diagnostic imaging systems, technological limitations associated with standalone systems, declining reimbursements and increasing regulatory burden in the US and the shortage of helium availability are expected to limit market growth to a certain extent.

1 Introduction2 Research Methodology3 Executive Summary4 Premium Insights4.1 Diagnostic Imaging: Market Overview4.2 Diagnostic Imaging Market, By Product, 2019 Vs. 2024 (Usd Million)4.3 Geographic Analysis: Apac Diagnostic Imaging Market Share, By Product And Country, 20194.4 End User Analysis: Market Share, 2019 Vs 20244.5 Geographic Snapshot Of The Diagnostic Imaging Market5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Rapidly Growing Geriatric Population And The Subsequent Increase In The Prevalence Of Associated Diseases5.2.1.2 Increasing Demand For Early Diagnosis And Widening Scope Of Clinical Applications5.2.1.3 Technological Advancements In Diagnostic Imaging Modalities5.2.1.4 Increasing Investments, Funds, And Grants By Public-Private Organizations5.2.2 Restraints5.2.2.1 High Cost Of Diagnostic Imaging Systems5.2.2.2 Technological Limitations Associated With Standalone Systems5.2.2.3 Declining Reimbursements And Increasing Regulatory Burden In The Us5.2.2.4 Shortage Of Helium5.2.3 Opportunities5.2.3.1 High Growth Opportunities In Emerging Countries5.2.3.2 Adoption Of Artificial Intelligence And Analytics In Diagnostic Imaging5.2.3.3 Use Of Blockchain In Diagnostic Imaging5.2.3.4 Increasing Adoption Of Teleradiology5.2.3.5 Contract-Based Radiology Solutions And Mobile Solutions5.2.4 Challenges5.2.4.1 Hospital Budget Cuts5.2.4.2 Increasing Adoption Of Refurbished Diagnostic Imaging Systems5.2.4.3 Dearth Of Trained Professionals5.3 Trends & Burning Issues5.3.1 Increasing Adoption Of Hybrid Diagnostic Imaging Modalities5.3.2 Overutilization Of Diagnostic Imaging Services Around The World6 Diagnostic Imaging Market, By Product6.1 Introduction6.2 MRI Systems6.2.1 MRI Systems Market, By Architecture6.2.2 MRI Systems Market, By Field Strength6.3 Ultrasound Imaging Systems6.3.1 Ultrasound Systems Market, By Technology6.3.2 Ultrasound Systems Market, By Portability6.4 CT Scanners6.4.1 CT Scanners Market, By Type6.4.1.2 Cone Beam CT Scanners6.5 Nuclear Imaging Systems6.5.1 Spect Systems6.5.2 Hybrid Pet Systems6.6 X-Ray Imaging Systems6.6.1 X-Ray Imaging Systems Market, By Type6.6.2 X-Ray Imaging Systems Market, By Portability6.7 Mammography Systems6.7.1 Mammography Systems Segment To Grow At The Highest Cagr7 Diagnostic Imaging Market, By Application7.1 Introduction7.2 X-Ray Imaging Systems7.2.1 General Radiography7.2.2 Dental7.2.3 Fluoroscopy7.3 MRI Systems7.3.1 Brain & Neurological Mri7.3.2 Spine & Musculoskeletal Mri7.3.3 Vascular Mri7.3.4 Pelvic & Abdominal Mri7.3.5 Breast Mri7.3.6 Cardiac Mri7.4 Ultrasound Systems7.4.1 Radiology/General Imaging7.4.2 Obstetrics/Gynecology (Ob/Gyn)7.4.3 Cardiology7.4.4 Vascular7.4.5 Urology7.4.6 Other Applications7.5 CT Scanners7.5.1 Cardiology7.5.2 Oncology7.5.3 Neurology7.5.4 Other Applications7.6 Nuclear Imaging Systems7.6.1 Cardiology7.6.2 Oncology7.6.3 Neurology7.6.4 Other Applications7.7 Mammography Systems8 Diagnostic Imaging Market, By End User8.1 Introduction8.2 Hospitals8.2.1 Large Hospitals Have Been Early Adopters Of Diagnostic Imaging Systems8.3 Diagnostic Imaging Centers8.3.1 Increasing Number Of Private Imaging Centers Is Contributing To Market Growth8.4 Other End Users9 Diagnostic Imaging Market, By Region9.1 Introduction9.2 North America9.2.1 US9.2.1.1 Us Dominated The North American Market In 20189.2.2 Canada9.2.2.1 Dearth Of Radiologists And Long Wait Time For Scans Are The Major Challenges In The Canadian Market9.3 Europe9.3.1 Germany9.3.1.1 Germany Accounted For The Largest Share Of The European Market9.3.2 UK9.3.2.1 Government Initiatives To Support Market Growth In The UK9.3.3 France9.3.3.1 Uncertainties With Regard To The Pricing Strategy Of Diagnostic Companies To Limit Market Growth In France To A Certain Extent9.3.4 RoE9.4 Asia Pacific9.4.1 China9.4.1.1 Government Initiatives In The Form Of Healthcare Reforms And Investments And The Rapidly Growing Aging Population To Drive The Growth Of The Market In China9.4.2 Japan9.4.2.1 Fast Adoption Of Advanced Technologies As Well As Investments And Innovations From Key Market Players Are Key Growth Drivers9.4.3 India9.4.3.1 Uncertainties In Healthcare Policies Might Restrict The Growth Of The Market In India In The Coming Years9.4.4 Rest of Asia-Pacific9.5 Rest Of The World9.5.1 Latin America9.5.2 Middle East & Africa10 Competitive Landscape10.1 Introduction10.2 Market Share Analysis, By Key Players10.3 Competitive Situation And Trends10.4 Competitive Leadership Mapping10.5 Vendor Inclusion Criteria 11 Company Profiles11.1 Ge Healthcare (General Electric Company)11.2 Koninklijke Philips N.V.11.3 Siemens Healthineers (Subsidiary Of Siemens Group)11.4 Canon Inc.11.5 Hitachi, Ltd.11.6 Shimadzu Corporation11.7 Carestream Health11.8 Esaote Spa11.9 Fujifilm Holdings Corporation11.10 Samsung Electronics Co., Ltd.11.11 Agfa-Gevaert N.V.11.12 Hologic, Inc.11.13 Curvebeam Llc11.14 Planmed Oy11.15 Mindray Medical International Limited

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Related Topics: Medical Imaging, Magnetic Resonance Imaging (MRI)

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Globe Newswire: 15:31 GMT Wednesday 15th May 2019

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