Medical Imaging Market Size, Advanced Technology, Trends, Applications And Business Opportunities till 2030 | MRFR
Research Reports
Jul 18, 2023
Medical Imaging Market Research Report Information By Modality (X-Ray Systems, Magnetic Resonance Imaging (MRI), Ultrasound Systems, Computed Tomography (C.T.), Nuclear Imaging), By Application (Cardiology, Oncology, Neurology) and By End-User (Hospitals and Clinics, Diagnostic Centers, Academic Institutes and Research Organizations) – Forecast till 2030
According to MRFR analysis, the medical imaging market is expected to reach USD 64.99 billion by 2030 at 7.10% CAGR during the forecast period 2022-2030.
The medical imaging market refers to the industry of producing and distributing various technologies, tools, and services used for creating visual representations of the human body for clinical purposes. These visual representations can be in the form of X-rays, CT scans, MRI scans, ultrasound, and other techniques. The market is primarily driven by the increasing demand for advanced medical imaging technologies in the diagnosis and treatment of various medical conditions, including cancer, cardiovascular diseases, neurological disorders, and musculoskeletal disorders.
The COVID-19 pandemic has had a significant impact on the medical imaging market. In the early stages of the pandemic, many hospitals and imaging centers postponed or cancelled elective imaging procedures to conserve resources and reduce the risk of infection. This led to a decline in demand for medical imaging equipment and services.
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Key Players
Some of the key market players are:
- Siemens AG (Germany)
- Analogic Corporation (U.S.)
- Canon Medical Systems Corporation (Japan)
- Carestream Health (U.S.)
- CMR Naviscan (U.S.)
- General Electric Company (U.S.)
- Esaote S.p.A (Italy)
- FUJIFILM Holdings Corporation (Japan)
- Hitachi Ltd (Japan)
- Hologic Inc. (U.S.)
Market Segmentation
The medical imaging market has been segmented into type, application, and end-user.
Based on the type, the market has been segmented into X-Ray Systems, Magnetic Resonance Imaging (MRI), Ultrasound Systems, Computed Tomography (C.T.) and Nuclear Imaging.
Based on the application, the market has been segmented into Cardiology, Oncology and Neurology.
Based on the end-user, the market has been segmented into Hospitals and Clinics, Diagnostic Centers and Academic Institutes and Research Organizations.
Regional Analysis
The largest region in the medical imaging market is North America, which includes the United States and Canada. North America accounts for a significant share of the global medical imaging market due to several factors, including the region’s high healthcare expenditure, a large and aging population, and advanced healthcare infrastructure.
The United States is the largest market for medical imaging in North America and the world, with a well-established healthcare system and a large number of hospitals and imaging centers. The country also has a high prevalence of chronic diseases, such as cancer and cardiovascular disease, which drive demand for medical imaging.
Browse In-depth Market Research Report (199 Pages) on Medical Imaging: https://www.marketresearchfuture.com/reports/medical-imaging-market-1995
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