Medical Imaging Market Overview
The medical imaging market is anticipated to grow by US$45,719.65 Million by 2025 rapidly growing at a CAGR of 6.52% during the forecast period. The global medical imaging market is driven by improvements in point-of-care ultrasound systems, accessibility to portable magneto encephalography (MEG) brain scanners, partnership deals among key market players, and preference for medical diagnostic imaging.
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These factors have helped shape the medical imaging market and are expected to boost the growth. Companies in the medical imaging market could also face challenges such as inability of healthcare organizations to purchase expensive imaging systems. The details covered in the medical imaging market report cover all the aspects of the industry. Medical imaging market analysts have also shared growth projections in the report and have suggested medical imaging market players to plan growth strategies accordingly.
Medical Imaging Market Segmentation
The global medical imaging market has been segmented based on modality, applications, and end-users. On the basis of modality, the market for medical imaging is segmented based on magnetic resonance imaging (MRI), x-ray systems, computed tomography (C.T.), ultrasound systems, and nuclear imaging. Additionally, the market on the basis of applications, is segmented into oncology, cardiology, and neurology. The global market for medical imaging is also covered based on the end-users segment which is further split into academic institutes, diagnostic centers, hospitals and clinics, and research organizations.
Factors like increasing product launches, growing investments in research, and increase in technology support the medical imaging market growth. The performance of the medical imaging market has also been studied for the past and current years. Additionally, the medical imaging market report provides analysis of these segments. The medical imaging market segmental analysis provided in the report offers major details about the medical imaging market performance and future.
Medical Imaging Market Regional Overview
Companies in the medical imaging market are spread across the world. The medical imaging market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American medical imaging market has many companies across the United States, Canada, and Mexico. Europe has companies in the medical imaging market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the medical imaging market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The medical imaging market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the medical imaging market can be found in the market research report.
Competitive Landscape
The medical imaging market is supported by surge in cancer cases, well-defined funding for research and development projects, growing advances in progressive diagnostic devices, and focused research activities in oncology. The population growth around the world and increasing demand of medical imaging market based services and products also support the market growth. However, the medical imaging market growth can be affected due to inability of healthcare organizations to purchase expensive imaging systems, poor operational environment in some countries, and lack of funding. The report covers all such details which will help companies in the medical imaging market to strengthen their business plan and improve their product portfolio. The medical imaging market research report also provides company profiles of major companies. The company profile of organizations operating in the medical imaging market discusses strategies, growth plans, size, revenue, and mergers and acquisition details of top companies in the medical imaging market. New entrants and established players can plan their strategies based on this data provided in the medical imaging market research report.
Industry News
SOMATEX Medical Technologies has been acquired in a 64-million dollar contract by Hologic, Inc. to broaden its groundbreaking healthcare solutions portfolio. Somatex's technology and experience will be integrated into Hologic's new healthcare based products and service lineup.
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