Diagnostic Imaging Devices Market 2022
The global Diagnostic Imaging Devices Market is categorized into different types of products that are destined to conduct different applications across various industries. Some of the common sectors that are implementing these products into their business processes include automobile, healthcare, construction, electrical, and other such select sectors. These businesses have understood the efficacy of the products listed under the global Diagnostic Imaging Devices Market. Therefore, demand rates have increased to astonishing heights. Along with the demands, the supply chain has also evolved. The key players are putting in collective effort to make sure that the manufacturing infrastructure thrives. With increased production, the demand requests can also be met on priority without running out of stock.
According to a new market report published by Persistence Market Research “Global Market Study on Diagnostic Imaging Devices: Asia-Pacific to Witness Highest Growth by 2022,” the global diagnostic imaging devices market was valued at USD 26,477.1 million in 2014 and is expected to grow at a CAGR of 5.2% from 2014 to 2022, to reach an estimated value of USD 35,793.4 million in 2022.
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The global diagnostic imaging devices market is growing at a moderate rate owing to increasing prevalence of chronic diseases and injuries, and growing aging population. Moreover, factors such as rising initiatives undertaken by government associations to boost awareness of the effects and complications of tuberculosis, cardiovascular diseases, and cancer, and technological advancement and widening application of diagnostic imaging devices are driving the global diagnostic imaging devices market.
In addition, increasing funding from government bodies is also promoting the use of diagnostic imaging devices in the regions. However, factors such as strict regulatory requirements and heightened risk of cancer owing to exposure to radiation are inhibiting the market growth.
Some of the major players in the diagnostic imaging devices market:
- Siemens Healthcare.
- Hitachi, Ltd.
- Carestream Health, Inc.
- Samsung Electronics Co., Ltd.
- Toshiba Corporation.
- Royal Philips NV
- General Electric Company.
Other.
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In North America, growing aging population, increasing health awareness, rising chronic diseases and injuries, large number of ongoing research activities and faster adoption of technologically advanced imaging systems are driving the use of diagnostic imaging devices in the market.
In Europe, the diagnostic imaging devices market is driven by rising diagnostic requirements due to increasing prevalence of chronic diseases and injuries, and aging population. For instance, according to a paper published on Cancer Incidence and Mortality Pattern in Europe, by International Agency for Research on Cancer in France, approximately, 3.45 million new cases of cancer were diagnosed in Europe in 2012.
However, in Asia-Pacific the growth for diagnostic imaging devices is much higher than developed countries due to growing awareness about benefits of early diagnosis of disease among individuals, large population base, upgradation of health care systems and increasing prevalence of chronic diseases.
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The diagnostic imaging devices market is segmented as follows:
Diagnostic imaging devices market, by type
- X-ray
- Ultrasound
- Magnetic resonance imaging
- Computed Tomography scanner
- Nuclear imaging system
- Others
X-ray diagnostic imaging devices market, by technology
- Analog radiograph
- Digital radiograph
- Others
X-ray diagnostic imaging devices market, by portability
- Stationary x-ray system
- Portable x-ray system
Ultrasound diagnostic imaging devices market, by technology
- 2D system
- Doppler system
- 3D and 4D system
- Others
Ultrasound diagnostic imaging devices market, by portability
- Trolley ultrasound system
- Compact ultrasound system
Computed Tomography scanner diagnostic imaging devices market, by type of slice
- Middle-end slice CT scanner
- High-end slice CT scanner
- Low-end slice CT scanner
Magnetic resonance imaging diagnostic imaging devices market, by architecture
- Open magnetic resonance imaging system
- Closed magnetic imaging resonance imaging system
Nuclear imaging diagnostic imaging devices market, by type
Positron emission tomography (PET)
Single photon emission computed tomography (SPECT)
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