Medical Imaging Market Size, Share & Trends Analysis Report By Technology (X-ray Devices, Computed Tomography, Ultrasound, Nuclear Imaging), By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030
- Report ID: 978-1-68038-139-9
- Number of Pages: 200
- Format: Electronic (PDF)
- Historical Range: 2018 - 2023
- Industry: Healthcare
Market Segmentation
- Medical Imaging Technology Outlook (Revenue, USD Million, 2018 - 2030)
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Medical Imaging Application Outlook (Revenue, USD Million, 2018 - 2030)
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Medical Imaging End-use Outlook (Revenue, USD Million, 2018 - 2030)
- Hospitals
- Diagnostics Imaging Centers
- Others
- Medical Imaging Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- North America Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- North America Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- North America Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- U.S.
- U.S. Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- U.S. Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- U.S. Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- U.S. Medical Imaging Market, By Technology
- Canada
- Canada Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Canada Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Canada Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Canada Medical Imaging Market, By Technology
- North America Medical Imaging Market, By Technology
- Europe
- Europe Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Europe Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Europe Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- UK
- UK Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- UK Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- UK Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- UK Medical Imaging Market, By Technology
- Germany
- Germany Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Germany Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Germany Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Germany Medical Imaging Market, By Technology
- France
- France Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- France Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- France Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- France Medical Imaging Market, By Technology
- Italy
- Italy Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Italy Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Italy Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Italy Medical Imaging Market, By Technology
- Spain
- Spain Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Spain Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Spain Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Spain Medical Imaging Market, By Technology
- Denmark
- Denmark Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Denmark Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Denmark Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Denmark Medical Imaging Market, By Technology
- Sweden
- Sweden Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Sweden Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Sweden Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Sweden Medical Imaging Market, By Technology
- Norway
- Norway Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Norway Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Norway Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Norway Medical Imaging Market, By Technology
- Europe Medical Imaging Market, By Technology
- Asia Pacific
- Asia Pacific Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Asia Pacific Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Asia Pacific Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Japan
- Japan Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Japan Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Japan Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Japan Medical Imaging Market, By Technology
- China
- China Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- China Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- China Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- China Medical Imaging Market, By Technology
- India
- India Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- India Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- India Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- India Medical Imaging Market, By Technology
- Australia
- Australia Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Australia Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Australia Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Australia Medical Imaging Market, By Technology
- South Korea
- South Korea Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- South Korea Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- South Korea Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- South Korea Medical Imaging Market, By Technology
- Thailand
- Thailand Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Thailand Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Thailand Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Thailand Medical Imaging Market, By Technology
- Asia Pacific Medical Imaging Market, By Technology
- Latin America
- Latin America Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Latin America Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Latin America Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Brazil
- Brazil Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Brazil Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Brazil Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Brazil Medical Imaging Market, By Technology
- Mexico
- Mexico Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Mexico Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Mexico Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Mexico Medical Imaging Market, By Technology
- Argentina
- Argentina Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Argentina Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Argentina Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Argentina Medical Imaging Market, By Technology
- Latin America Medical Imaging Market, By Technology
- Middle East & Africa
- Middle East & Africa Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Middle East & Africa Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Middle East & Africa Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- South Africa
- South Africa Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- South Africa Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- South Africa Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- South Africa Medical Imaging Market, By Technology
- Saudi Arabia
- Saudi Arabia Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Saudi Arabia Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Saudi Arabia Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Saudi Arabia Medical Imaging Market, By Technology
- UAE
- UAE Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- UAE Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- UAE Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- UAE Medical Imaging Market, By Technology
- Kuwait
- Kuwait Medical Imaging Market, By Technology
- X-ray Devices
- Radiography
- Fluoroscopy
- Mammography
- Ultrasound
- Handheld
- Compact
- Cart/Trolley Based
- Computed Tomography
- High end slice CT
- Mid end slice CT
- Low end slice CT
- Cone beam CT
- Magnetic Resonance Imaging
- Closed System
- Open System
- Nuclear Imaging
- SPECT
- PET
- X-ray Devices
- Kuwait Medical Imaging Market, By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Applications
- Kuwait Medical Imaging Market, By End-use
- Hospitals
- Diagnostics Imaging Centers
- Others
- Kuwait Medical Imaging Market, By Technology
- Middle East & Africa Medical Imaging Market, By Technology
- North America
Medical Imaging Market Dynamics
Drivers: High R&D Spending Of Pharmaceutical Companies
R&D activities in the healthcare market remain competitive & flexible owing to gradual advances in technologies and an uncertain economic environment. Companies are focusing on basic research to late-stage manufacturing of medical imaging technologies, using R&D efforts to gain a competitive edge. Several organizations, both private and government are investing heavily in R&D. For instance, in June 2021, the Government of India launched X-Ray Setu, a free Artificial Intelligence (AI)-based platform to aid doctors in early COVID-19 interventions. In 2022, Siemens Healthineers introduced a new CT production unit in India to fulfill the growing demand for CT devices and boost its market position. Investing and spending on R&D and the introduction of new medical imaging have increased over the past few years. These expenditures are determined by the revenue that pharmaceutical companies expect from new products, policies that influence the supply & demand for products, and the expected cost of developing a product. Such factors strongly support the increase in R&D expenditure by medical device and pharmaceutical companies, which can fuel the medical imaging market.
Drivers: Growing Prevalence Of Cancer And Cardiac Diseases
The growing prevalence of chronic diseases is expected to drive the demand for medical imaging devices. Medical imaging aids in the early and accurate diagnosis of diseases, enabling effective treatment. The U.S. National Center for Health Statistics estimates 1,958,310 new cancer cases and 609,820 cancer-related deaths in the country in 2023. Medical professionals are increasingly using medical imaging devices to generate visual data of a patient's organs, optimizing the surgical outcome. Surgeons rely on preoperative MRI & CT to visualize and determine tumor dimensions. Moreover, the rising prevalence of cardiovascular disease is expected to drive the demand for medical imaging devices. The rise in infectious and chronic diseases is expected to create significant demand for medical & surgical devices, leading to market growth.
Restraints: High Cost
Innovation and R&D result in an increase in the cost of medical imaging systems. Low- and middle-income countries face challenges in adopting imaging systems due to the high price of products, low disposable income, and the presence of limited resources & facilities. Hence, the high cost of medical imaging systems prevents patients from gaining access, as it increases healthcare expenditure. Thus, despite the availability of these devices, the high cost may prevent their installation and limit the sale of products. However, end users, such as hospitals and clinics, are becoming more analytical regarding the purchasing of a medical imaging device. They evaluate the Total Cost of Ownership (TCO) of capital equipment. Various resources are supporting end users in making this calculation effective. A better understanding of TCO will help providers make smarter decisions regarding the purchase of medical imaging devices, which may reduce the hindrance caused due to the high cost of the device during the forecast period.
What Does This Report Include?
This section will provide insights into the contents included in this medical imaging market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Medical imaging market qualitative analysis
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Industry overview
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Industry trends
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Market drivers and restraints
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Market size
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Growth prospects
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Porter’s analysis
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PESTEL analysis
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Key market opportunities prioritized
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Competitive landscape
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Company overview
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Financial performance
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Product benchmarking
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Latest strategic developments
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Medical imaging market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance
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