Ultra Market Research | Global Diagnostics Imaging Market
Global Diagnostics Imaging Market
Report ID : 924
Category : Medical-Devices,Global
No Of Pages : 126
Published on: January 2025
Status: Published
Format :
Key Question Answer
Global Market Outlook
In-depth analysis of global and regional trends
Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
Global Diagnostics Imaging Market Introduction Global Diagnostics Imaging Market presents a foundation upon which modern medical technology finds its place - advanced tools and equipment that would help in imaging and diagnosis. Applications include identifying fractures, tumors, infections among others and tracking treatment effects for chronic ailments. Recently the market has observed growth in due to AI-based integration, handheld imaging devices and increased demand of telehealth. The market, valued approximately at USD 28 billion in 2023, is expanding at a healthy CAGR of 5.8% during 2023 to 2030 as fueled by technological advancement, elderly populations, and rising chronic disease prevalence. So much innovation can happen here.
Segmentation Imaging Modality • X-Ray Imaging o Digital X-Ray Systems o Analog X-Ray Systems o Others • Computed Tomography (CT) o Low-Slice CT Systems o High-Slice CT Systems • Magnetic Resonance Imaging (MRI) o Open MRI Systems o Closed MRI Systems • Ultrasound o 2D Ultrasound Systems o 3D/4D Ultrasound Systems • Others
End-User • Hospitals o Public Hospitals o Private Hospitals • Diagnostic Imaging Centers o Chain Centers o Independent Centers • Ambulatory Surgical Centers • Others
Application • Cardiology o Ischemic Heart Disease Imaging o Congenital Heart Disease Imaging • Oncology o Breast Cancer Imaging o Lung Cancer Imaging • Neurology o Stroke Imaging o Neurodegenerative Disease Imaging • Others
List of Market Players 1. Siemens Healthineers (Germany) 2. GE Healthcare (USA) 3. Philips Healthcare (Netherlands) 4. Canon Medical Systems (Japan) 5. Hitachi Medical Corporation (Japan) 6. Fujifilm Holdings Corporation (Japan) 7. Carestream Health (USA) 8. Hologic, Inc. (USA) 9. Shimadzu Corporation (Japan) 10. Agfa-Gevaert Group (Belgium) 11. Esaote S.p.A. (Italy) 12. Mindray Medical International (China) 13. Samsung Medison (South Korea) 14. Neusoft Medical Systems (China) 15. United Imaging Healthcare (China)
Drivers Global Diagnostics Imaging Market is driven by various factors. With the aging of the global population, chronic diseases such as cancer and cardiovascular disorders are on the rise, creating a need for advanced diagnostic solutions. Technological innovations, including AI-powered imaging and portable devices, improve the accuracy and accessibility of diagnosis. In addition, the growing healthcare investments in emerging economies and the adoption of telehealth solutions have significantly influenced the market. It's also the growth in awareness on early disease detection, with the governments supporting this imaging advancement with funding and beneficial policies.
Restraints Despite strong growth, the Global Diagnostics Imaging Market still faces challenges. High costs of imaging systems and maintenance are a barrier to adoption, especially in low-income countries. The lack of skilled professionals to operate advanced equipment creates an operational bottleneck. Furthermore, stringent regulatory requirements for imaging equipment approval delay market entry for new products. Reimbursement challenges in some regions further exacerbate adoption hurdles. These factors collectively limit market expansion, especially in developing regions.
Opportunity Global Diagnostics Imaging Market presents enormous opportunities based on rising investments in AI and machine learning. AI-driven imaging solutions can detect diseases with an unprecedented degree of accuracy, providing an opportunity to be used in clinical workflows. Increased healthcare access in under-served regions also presents demand for portable and affordable imaging solutions. Moreover, the increasing trend of personalized medicine demands advanced imaging technologies, enabling the treatment to be targeted at precise sites. Another critical growth enabler is the increasing public-private partnerships for healthcare infrastructure development in emerging markets.
Trends Global Diagnostics Imaging Market is changing with significant trends. Teleimaging solutions are the answer to telehealth, as remote diagnosis is being allowed. The integration of artificial intelligence in imaging enables predictive analytics and real-time diagnostics. Companies are increasingly developing compact, portable imaging devices, catering to point-of-care diagnostics. Hybrid imaging systems, such as PET-MRI, offer enhanced diagnostic capabilities, gaining traction among providers. Finally, the industry-wide shift toward 'green' imaging equipment is the result of expanding sustainability priorities in the industry.
Approved Products and Pipeline • Siemens Healthineers Biograph Vision Quadra (Pre-Reg) • GE Healthcare LOGIQ E10 Ultrasound System (Regulatory Approved) • Philips Ingenia Elition 3.0T MRI (Approved) • Canon Medical Aquilion One Genesis (Regulatory Approved)
Key Target Audience • Hospitals and Clinics • Diagnostic Imaging Centers • Healthcare IT Companies • Research Institutions • Medical Device Distributors
Frequently Asked Questions (FAQ's)
As of 2023, the market is valued at approximately USD 28 billion.
Factors like aging populations, AI integration, and increasing healthcare investments drive growth.
Major modalities include X-ray, CT, MRI, and Ultrasound.
North America and Europe are the leading markets, with significant growth in Asia-Pacific.
High costs, regulatory hurdles, and a shortage of skilled professionals are key challenges.
1. Introduction 1.1 Report Description 1.2 Research Methodology 1.2.1 Data Mining 1.2.2 Market Modeling and Forecasting 1.2.3 Data Validation 1.2.4 Industry Analysis
2. Market Dashboard
3. Market Overview 3.1 Market Definition and Scope 3.2 Market Segmentation 3.2.1 By Imaging Modality • X-Ray Imaging o Digital X-Ray Systems o Analog X-Ray Systems o Others • Computed Tomography (CT) o Low-Slice CT Systems o High-Slice CT Systems • Magnetic Resonance Imaging (MRI) o Open MRI Systems o Closed MRI Systems • Ultrasound o 2D Ultrasound Systems o 3D/4D Ultrasound Systems o Others • Others 3.2.2 By End-User • Hospitals o Public Hospitals o Private Hospitals • Diagnostic Imaging Centers o Chain Centers o Independent Centers • Ambulatory Surgical Centers • Others 3.2.3 By Application • Cardiology o Ischemic Heart Disease Imaging o Congenital Heart Disease Imaging • Oncology o Breast Cancer Imaging o Lung Cancer Imaging • Neurology o Stroke Imaging o Neurodegenerative Disease Imaging • Others 3.2.4 By Geography
4. Global Diagnostics Imaging Market by Imaging Modality 4.1 Introduction 4.2 Market Size and Growth Rate by Imaging Modality (2024-2030) 4.2.1 X-Ray Imaging 4.2.2 Computed Tomography (CT) 4.2.3 Magnetic Resonance Imaging (MRI) 4.2.4 Ultrasound 4.2.5 Others
5. Global Diagnostics Imaging Market by End-User 5.1 Introduction 5.2 Market Size and Growth Rate by End-User (2024-2030) 5.2.1 Hospitals • Public Hospitals • Private Hospitals 5.2.2 Diagnostic Imaging Centers • Chain Centers • Independent Centers 5.2.3 Ambulatory Surgical Centers 5.2.4 Others
6. Global Diagnostics Imaging Market by Application 6.1 Introduction 6.2 Market Size and Growth Rate by Application (2024-2030) 6.2.1 Cardiology 6.2.2 Oncology 6.2.3 Neurology 6.2.4 Others
7. Global Diagnostics Imaging Market by Geography 7.1 Introduction 7.2 Market Size and Growth Rate by Region (2024-2030) 7.2.1 North America • United States • Canada 7.2.2 Europe • Germany • France • United Kingdom • Rest of Europe 7.2.3 Asia Pacific • China • Japan • India • Southeast Asia • Rest of Asia Pacific 7.2.4 Latin America • Brazil • Rest of Latin America 7.2.5 Middle East & Africa (MEA) • GCC • North Africa • South Africa • Rest of Middle East & Africa
8. Competitive Landscape 8.1 Company Profiles 8.1.1 Siemens Healthineers (Germany) 8.1.2 GE Healthcare (USA) 8.1.3 Philips Healthcare (Netherlands) 8.1.4 Canon Medical Systems (Japan) 8.1.5 Hitachi Medical Corporation (Japan) 8.1.6 Fujifilm Holdings Corporation (Japan) 8.1.7 Carestream Health (USA) 8.1.8 Hologic, Inc. (USA) 8.1.9 Shimadzu Corporation (Japan) 8.1.10 Agfa-Gevaert Group (Belgium) 8.1.11 Esaote S.p.A. (Italy) 8.1.12 Mindray Medical International (China) 8.1.13 Samsung Medison (South Korea) 8.1.14 Neusoft Medical Systems (China) 8.1.15 United Imaging Healthcare (China)
9. List of Tables and Figures • Table 1: Market Size by Imaging Modality (2024-2030) • Table 2: Regional Market Share by Geography • Figure 1: Market Segmentation Overview • Figure 2: Growth Forecast for Imaging Modalities • Figure 3: Regional Contribution to Market Revenue • Table 3: Competitive Landscape Overview • Figure 4: Key Innovations in Diagnostic Imaging Technology
Research Methodology
The process of market research at Ultra Market Research is an iterative in application and usually follows following path. Information from secondary used to build data models, then results from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new Information is again incorporated into data model. The process continues till desired level of Information is not generated
To calculate the market size, the report considers the revenue generated from the sales of Ultra Market Research providers. The revenue generated from the sales of Ultra Market Research has been calculated through primary and secondary research. The report also presents the key players operating in the Ultra Market Research market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes distribution channel segmentation determined using secondary sources and verified through primary sources.
Secondary Research
The secondary research source that are typically referred to include, but are not limited to:
Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
Internal and external proprietary databases, relevant patent and regulatory databases
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
The source for secondary research includes but is not limited to: Factiva, Hoovers and Statista
Inner Circle Represents – Stage of Research Process
Middle Circle Represents – Source of Information
Outer Circle Represents – Information Derived from that source
Primary Research We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
It provides first-hand Information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
Helps in validating and strengthening the secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
The participants who typically take part in such a process include, but are not limited to:
Industry participants: CEOs, VPs, marketing/ distribution channel managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry distribution channels
Models Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data distribution channels to produce estimates:
Demographic data: Population split by segment
Macro-economic indicators: GDP, etc.
Industry indicators: Expenditure, distribution channel stage & infrastructure, sector growth and facilities.
Data is then cross checked by the expert panel.
2..1 Company Share Analysis Model
Company share analysis is used to derive the size of Global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps: 2..2 Revenue Based Modeling
Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
2.1 Research Limitations Inflation is not a part of pricing in this report. Prices of Global Diagnostics Imaging Market and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each distribution channel has been taken into account while estimating and forecasting market revenue Globally. Regional average price has been considered while breaking down this market by application in each region. This report provides market size of Global Diagnostics Imaging Market for the past year and forecasts for the next six years. Global Diagnostics Imaging Market size is given in terms of revenue. Market revenue is defined in USD Million. Market numbers are given on the basis of different Global Diagnostics Imaging Market categories. Market size and forecasts for each major application is provided in the context of Global market. The numbers provided in this report are derived on the basis of demand for Global Diagnostics Imaging Market from different application industries in different regions.
Segmentation Imaging Modality • X-Ray Imaging o Digital X-Ray Systems o Analog X-Ray Systems o Others • Computed Tomography (CT) o Low-Slice CT Systems o High-Slice CT Systems • Magnetic Resonance Imaging (MRI) o Open MRI Systems o Closed MRI Systems • Ultrasound o 2D Ultrasound Systems o 3D/4D Ultrasound Systems • Others
End-User • Hospitals o Public Hospitals o Private Hospitals • Diagnostic Imaging Centers o Chain Centers o Independent Centers • Ambulatory Surgical Centers • Others
Application • Cardiology o Ischemic Heart Disease Imaging o Congenital Heart Disease Imaging • Oncology o Breast Cancer Imaging o Lung Cancer Imaging • Neurology o Stroke Imaging o Neurodegenerative Disease Imaging • Others
