Market Overview:

Diagnostic Imaging Market is estimated to reach $45.0 billion by 2023, registering a CAGR of 5.1% throughout the forecast period 2018-20223. Medical/Diagnostic Imaging refers to the employment of various imaging modalities to urge visual representations of the interior of a body for diagnostic and therapeutic functions. The medical imaging involves multiple types of modalities that are utilized to image the human body for diagnosing and treatment of a range of diseases and therefore plays a crucial role in the betterment of health. The medical imaging business has been revolutionized from bed-side observation towards high-end digital scanning.

Market drivers and restraints:

Technological advancements in diagnostic imaging devices, increasing incidences of chronic diseases together with the quickly aging population, rise in several medical imaging processes, and increasing awareness for early diagnosing of clinical disorders are the major issues which are estimated to fuel the diagnostic imaging market expansion.

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Report segmented as:

By Product:

X-ray
MRI
Ultrasound
CT
Nuclear imaging
By Application:

Cardiology
Gynecology/obs
Orthopedics & musculoskeletal
Radiology
Neurology & spine
General imaging
Others
By End-user:

Hospitals
Diagnostic centers
Others
Geographical analysis:

Based on geography, the global diagnostic imaging market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to dominate the global market from 2018 to 2026 because of quick technological developments and increasing prevalence of cancer and cardiac diseases in the region. The Asia Pacific is estimated to follow North America, in terms of share of the global market, throughout the forecast period.

Important market players:

The strategic developments by these major players in recent years are set to improve the market furthermore. A comprehensive competitive analysis and profiles of major market players such as GE Healthcare, Philips Healthcare, Hitachi Medical Corporation, Hologic, Inc., Siemens Healthcare, Samsung Medison, Shimadzu Corporation, Toshiba Medical Systems Corporation, Esaote S.P.A, and Fujifilm Corporation have been provided in the report.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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