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

Published on: Feb 2019 | From USD $850 | Published By: DAEDAL RESEARCH | Number Of Pages: 74

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

Americas
Asia Pacific
EMEA

Company Coverage

Siemens AG
General Electronics (GE)
Philips
Canon

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.

1. Executive Summary

2. Introduction

2.1 Medical Imaging: An Overview
2.2 History of Medical Imaging: An Overview
2.3 Medical Imaging Modalities: An Overview
2.4 Medical Imaging Segmentation: An Overview

2.4.1 Medical Imaging Segmentation on the Basis of Application
2.4.2 Medical Imaging Segmentation on the Basis of End-User

2.5 Advantages and Disadvantages of Medical Imaging

3. Global Market Analysis

3.1 Global Medical Imaging Equipment Market: An Analysis

3.1.1 Global Medical Imaging Equipment Market by Value
3.1.2 Global Medical Imaging Equipment Market by Segment (Ultrasound machine, MRI, CT scanner, X-Ray and Molecular Imaging)
3.1.3 Global Medical Imaging Equipment Market by Region (Asia Pacific, Americas and Europe, Middle East and Africa (EMEA))

3.2 Global Medical Imaging Equipment Market: Segment Analysis

3.2.1 Global Ultrasound Equipment Market by Value
3.2.2 Global Magnetic Resonance Imaging (MRI) Equipment Market by Value
3.2.3 Global Computed Tomography (CT) Equipment Market by Value
3.2.4 Global X-Ray Equipment Market by Value
3.2.5 Global Molecular Imaging Equipment Market by Value

4. Regional Market Analysis

4.1 Asia Pacific Medical Imaging Equipment Market: An Analysis
4.1.1 Asia Pacific Medical Imaging Equipment Market by Value

4.2 Americas Medical Imaging Equipment Market: An Analysis
4.2.1 Americas Medical Imaging Equipment Market by Value

4.3 EMEA Medical Imaging Equipment Market: An Analysis
4.3.1 EMEA Medical Imaging Equipment Market by Value

5. Market Dynamics

5.1 Growth Drivers
5.1.1 Growing Geriatric Population
5.1.2 Rising Healthcare Spending
5.1.3 Accelerating Obese Population
5.1.4 Rising Chronic Diseases
5.1.5 Upsurge in Demand for Point Of Care Diagnostics
5.1.6 Increasing Life Expectancy

5.2 Challenges
5.2.1 Shortage of Helium
5.2.2 High Cost Involved
5.2.3 Lack of Skilled Radiologists
5.2.4 Safety Issues
5.2.5 Stringent Regulations

5.3 Market Trends
5.3.1 3D Printing in Medical Imaging
5.3.2 Artificial Intelligence (AI)
5.3.3 Emerging 4D & 5D Ultrasound Imaging Technology
5.3.4 Cryogen-Free MRI Imaging System

6. Competitive Landscape

6.1 Global Medical Imaging Market Players: A Financial Comparison
6.2 Global Market Imaging Market Players by Shares
6.3 Global MRI Market Players by Shares
6.4 Global CT Market Players by Shares
6.5 Global X-Ray Market Players by Shares
6.6 Global Ultrasound Market Players by Shares

7. Company Profiles

7.1 Siemens AG (Siemens Healthineers
7.1.1 Business Overview
7.1.2 Financial overview
7.1.3 Business Strategy

7.2 Philips
7.2.1 Business Overview
7.2.2 Financial overview
7.2.3 Business Strategy

7.3 Canon
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy

7.4 General Electronics (GE)
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy

List of Figures

Figure 1: Medical Imaging Segments by Modalities
Figure 2: History of Medical Imaging
Figure 3: Medical Imaging Modalities
Figure 4: Medical Imaging Segmentation on the Basis of Application
Figure 5: Medical Imaging Segmentation on the Basis of End-User
Figure 6: Advantages and Disadvantages of Medical Imaging
Figure 7: Global Medical Imaging Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 8: Global Medical Imaging Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 9: Global Medical Imaging Equipment Market by Segment; 2018
Figure 10: Global Medical Imaging Equipment Market by Region; 2018
Figure 11: Global Ultrasound Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 12: Global Ultrasound Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 13: Global Magnetic Resonance Imaging (MRI) Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 14: Global Magnetic Resonance Imaging (MRI) Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 15: Global Computed Tomography (CT) Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 16: Global Computed Tomography (CT) Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 17: Global X-Ray Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 18: Global X-Ray Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 19: Global Molecular Imaging Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 20: Global Molecular Imaging Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 21: Asia Pacific Medical Imaging Market by Value; 2016-2018 (US$ Billion)
Figure 22: Asia Pacific Medical Imaging Market by Value; 2019-2023 (US$ Billion)
Figure 23: Americas Medical Imaging Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 24: Americas Medical Imaging Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 25: EMEA Medical Imaging Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 26: EMEA Medical Imaging Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 27: Global Ageing Population; 2017-2050 (Million)
Figure 28: Global Healthcare Spending; 2015-2020 (US$ Billion)
Figure 29: Global Prevalence of Obesity; 2008-2025 (Billion)
Figure 30: Global Chronic Disease Growth; 2016-2025 (Percentage, %)
Figure 31: Global Point of Care Diagnostic Market; 2015-2022 (US$ Billion)
Figure 32: Global Life Expectancy; 1990-2100 (Years)
Figure 33: Global Helium Demand and Supply; 2014-2020 (MSCF)
Figure 34: Global 3D Printing in Medical Imaging Market Value; 2016-2024 (US$ Million)
Figure 35: Global Revenue of Artificial Intelligence Market; 2017-2025 (US$ Billion)
Figure 36: Global Market Imaging Market Players by Shares; 2017
Figure 37: Global MRI Market Players by Shares; 2017
Figure 38: Global CT Market Players by Shares; 2017
Figure 39: Global X-Ray Market Players by Shares; 2017
Figure 40: Global Ultrasound Market Players by Shares; 2017
Figure 41: Siemens AG Revenue; 2014-2018 (US$ Billion)
Figure 42: Siemens AG Revenue by Segment; 2018
Figure 43: Siemens AG Revenue by Region; 2018
Figure 44: Philips Sales; 2013-2017 US$(Billion)
Figure 45: Philips Sales by Segment; 2017
Figure 46: Philips Sales by Region; 2017
Figure 47: Canon Net Sales; 2014-2018 (US$ Billion)
Figure 48: Canon Net Sales by Segments; 2018
Figure 49: Canon Net Sales by Region; 2018
Figure 50: General Electronics (GE) Revenue; 2013-2017 US$(Billion)
Figure 51: General Electronics (GE) Revenue by Segments; 2017
Figure 52: General Electronics (GE) Revenue by Region; 2017
Table 1: Global Medical Imaging Market Players: A Financial Comparison; 2017/2018 (US$ Billion)

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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