Redefining Precision Next-Generation Solutions in the Diagnostic Imaging Market

The Diagnostic imaging market size is expected to be valued at USD 40.9 Billion in 2024 and reach USD 56.48 Billion by 2029, growing at a CAGR of 6.67 % from 2024 to 2029.

Diagnostic imaging refers to various non-invasive methods healthcare professionals use to see inside the body for diagnostic purposes. These techniques enable the visualization of structures and functions of organs and tissues. Common types of diagnostic imaging include X-rays, computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, and nuclear medicine imaging.

Global Diagnostic Imaging Market Report Scope:
• Market Size (2029): USD 56.48 Billion
• Market Size (2024): USD 40.9 Billion
• CAGR (2024 to 2029): 6.67 %
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Type, Application and Region
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa
• Key Market Players Profiled: GE Healthcare, Siemens Healthcare, Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Hologic Inc., and Fujifilm Shimadzu Corporation.are playing a dominant role in the Diagnostic imaging market.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/global-diagnostic-imaging-market

Key Insights from The Report:

• Based on Type, the ultrasound segment led the market and accounted for the largest share of the global market in 2023.
• Based on Type, the CT scan segment held the second largest share of the global market in 2023.
• North America dominated the healthcare analytics market in 2023. Europe accounted for second- highest share of the global diagnostic imaging market in 2023 and on the other hand, the Asia-Pacific region is estimated to grow at the fastest CAGR during the forecast period.
• AMD Global Diagnostic imaging Market GE Healthcare, Siemens Healthcare, Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Hologic Inc., and Fujifilm Shimadzu Corporation are dominated the Diagnostic imaging market.

Various benefits of the diagnostic imaging methods are that these are non-invasive, which decreases the necessity for complicated surgeries and invasive procedures, contributing a significant share in the market growth worldwide. The non-invasive procedures minimize patient discomfort, shorten recovery time, and lower healthcare expenses, increasing the adoption across the people. Imaging examinations are expected to produce extensive datasets that help identify diseases, evaluate treatment effectiveness, and analyze patient results, boosting the global market expansion. The increasing prevalence of lifestyle-related diseases, growing demand for early detection tools, technological advancements, increased government support, reimbursement initiatives, and expansion of new facilities by market players in developing nations are all expected to drive market growth. The increasing technological advancements and growing penetration of Artificial Intelligence and IoT augment the global market expansion. For Instance, in June 2021, the Indian government launched X-Ray Setu, a free artificial intelligence (AI)-based platform designed to assist doctors in early COVID-19 interventions. Furthermore, in 2022, Siemens Healthineers inaugurated a new CT scanner production unit in India to meet the rising demand for CT scanners and enhance its product portfolio. The primary factors leading to market share growth in the diagnostic imaging market include the escalation of chronic diseases, the expanding elderly population, and the adoption of advanced imaging technologies. The growing need for nuclear imaging equipment in the diagnostic imaging sector signifies a notable trend and advancement in healthcare. Nuclear imaging, a specialized area of medical imaging, utilizes radioactive materials or radiopharmaceuticals to visualize and evaluate the functionality of organs and tissues in the body.

Diagnostic imaging equipment, like MRI machines and CT scanners, are expensive to acquire and maintain. This can restrict access to these technologies in specific regions and small or middle healthcare organizations. The stringent regulatory requirements for the approval and utilization of diagnostic imaging technologies can result in delays in market entry and increased expenses for manufacturers, hampering the market growth. The limitations regarding image quality, resolution, and the accuracy of diagnosing certain conditions hinder the market growth. Some diagnostic imaging procedures, such as X-rays and CT scans, expose patients to ionizing radiation, which raises concerns about long-term health consequences and has prompted efforts to minimize radiation exposure. The need for skilled professionals to operate and maintain the devices limits market growth.

SEGMENTATION INCLUDED IN THIS REPORT:

By Type:
• X-Rays
o Portable
o Handheld
• Nuclear Medicine
o Scintigraphy
o PET Imaging
o SPECT Imaging
• Ultrasound
o 2D
o 3D
o 4D
o Doppler Imaging
• MRI
• Tomography
• Photoacoustic Imaging
• Thermography
• Tactile Imaging
• Elastography
• Functional Near-Infrared Spectroscopy
• Echocardiography

By Application:
• Cardiology
• Oncology
• Neurology
• Orthopedics
• Gastroenterology
• Gynecology
• Others

By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Browse Regional Reports:

North America Diagnostic Imaging Market Research Report - Segmented By Type, Application & Country (U.S, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028) - https://www.marketdataforecast.com/market-reports/north-america-diagnostic-imaging-market

Europe Diagnostic Imaging Market Research Report - Segmented By Type, Application & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028) - https://www.marketdataforecast.com/market-reports/europe-diagnostic-imaging-market

Asia-Pacific Diagnostic Imaging Market Research Report - Segmented By Type, Application and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028) - https://www.marketdataforecast.com/market-reports/asia-pacific-diagnostic-imaging-market

Latin America Diagnostic Imaging Market Research Report - Segmented By Type, Application and Country (Mexico ,Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size,Share, Growth, Trends, & Forecast (2023 to 2028) -https://www.marketdataforecast.com/market-reports/latin-america-diagnostic-imaging-market

Middle East & Africa Diagnostic Imaging Market Research Report - Segmented By Type, Application & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast from (2023 to 2028 )- https://www.marketdataforecast.com/market-reports/middle-east-and-africa-diagnostic-imaging-market

TABLE OF CONTENTS:

1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 X-Rays
5.1.1.1 Portable X-Rays
5.1.1.2 Handheld X-Rays
5.1.2 Nuclear Medicine
5.1.2.1 Scintigraphy
5.1.2.2 PET Imaging
5.1.2.3 SPECT Imaging
5.1.3 Ultrasound
5.1.3.1 2D
5.1.3.2 3D
5.1.3.3 4D
5.1.3.4 Doppler Imaging
5.1.4 MRI
5.1.5 Tomography
5.1.6 Photoacoustic Imaging
5.1.7 Thermography
5.1.8 Tactile Imaging
5.1.9 Elastography
5.1.10 Functional near-infrared spectroscopy
5.1.11 Echocardiography
5.2 By Application
5.2.1 Cardiology
5.2.2 Oncology
5.2.3 Neurology
5.2.4 Orthopedics
5.2.5 Gastroenterology
5.2.6 Gynecology
5.2.7 Others
6. Geographical Analysis
6.1 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.2 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.3 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 South Korea
6.3.6 Australia
6.4 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.5 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 GE Healthcare
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Siemens Healthcare
8.3 Toshiba Medical Systems Corporation
8.4 Hitachi Medical Corporation
8.5 Hologic Inc.
8.6 Fujifilm Corporation
8.7 Shimadzu Corporation
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures

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This release was published on openPR.