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 market overview of the Medical Imaging industry reveals a comprehensive analysis of its intricate dynamics. The report presents global, regional, and national market revenue forecasts, emphasizing segment and region-wise sales projections. Notably, the report highlights the intense rivalry within the industry, making it a must-read for industry players seeking to stay ahead of the competition.
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Medical Imaging Market Report Scope and Research Methodology
The report has analysed the Medical Imaging Market based on various factors such as region, revenue, financial status, portfolio, technological advancement, and mergers and acquisitions. The analysis has focused on both new entrants and existing players in the market to provide a comprehensive view of growth prospects and future business outlooks. The report's goal is to act as a guide for stakeholders, investors, market players, followers, and new entrants by providing an overall view of the Medical Imaging market to formulate investment approaches and marketing tactics.
The report has used a bottom-up approach to estimate the Medical Imaging market size. This approach involves starting with specific data points and aggregating them to arrive at an overall market estimate. This method is useful when there is limited data available or when the market is highly fragmented. Overall, the methodology used in the report seems robust and comprehensive, providing valuable insights into the Medical Imaging market
Medical Imaging Market Regional Insights
The report provides an extensive analysis of the factors that drive growth, constraints, potential future opportunities, and competitive landscape across all regions. The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Medical Imaging Market Segmentation
In 2021, the ultrasound sector had the greatest market share of 30.0 %, and this is likely to continue throughout the forecast period. The increasing number of ultrasound applications is responsible for the segment's rise. Advanced ultrasonic transducers have recently been developed, opening up new applications for ultrasound devices in biomedical and cardiovascular imaging. Furthermore, a strong focus on the development of portable ultrasound devices is projected to broaden the scope of this modality's applications in both ambulatory and emergency care.
During the projected period, the CT segment is expected to increase at the fastest rate. For COVID-19 patients, CT scanners are one of the most important diagnostic tools. The segment is being driven by increased demand for point-of-care CT devices and the development of a high-precision CT scanner through the integration of artificial intelligence and enhanced visualization systems. Canon's Advanced Intelligent Clear-IQ Engine (AiCE), an AI engine for integration with their Aquilion Precision scanner, obtained FDA approval in October 2019. The technology makes it possible to get precision diagnostics without increasing the dose.
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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
Key questions answered in the Medical Imaging Market are:
- What is Medical Imaging?
- What are the factors driving the Medical Imaging Market growth?
- What are the main challenges the Medical Imaging Market growth?
- What was the Medical Imaging market size in 2021?
- Which trends are expected to generate additional revenue for the Medical Imaging market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Medical Imaging Market?
- What growth strategies are the players considering to increase their foothold in the Medical Imaging Market?
- Who held the largest market share in the Medical Imaging Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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