The Medical Imaging Equipment Market is likely to grow in the coming years due to the increasing incidence of chronic diseases such as liver, cancer, and cardiovascular diseases. According to a report published by Fortune Business Insights, titled “Medical Imaging Equipment Market: Global Market Analysis, Insights and Forecasts, 2018-2025,” the market is likely to reach US$ 44,077.7 Mn by 2025. The market was valued at US$ 30,814.2 Mn in 2017, and the value will increment at a CAGR of 4.6% during the forecast period.
Key companies covered in the report
- SHIMADZU CORPORATION
- fnms(siemens healthcare in jordan)
- SuperSonic Imagine
- Hologic, Inc.
- FUJIFILM Holdings America Corporation
Growing Adoption of Technologically Advanced Systems to Drive the Market in the US
The increasing investment by government and public organizations towards diagnosis and treatment of cancer has paved the way for innovations and advancements in the global Medical Imaging Equipment Market. The increasing awareness about effects of major diseases such as cancer and orthopedic diseases has fueled the demand for early detection of these disease and immediate diagnosis methods. Furthermore, research initiatives by the leading companies are aiding the growth of the market in the U.S. In 2018, Siemens Healthcare GmbH introduced two new magnetic resonance imaging scanners. The products were an instant hit within the healthcare personnel and there was an immediate demand for Siemens’ devices for medical imaging. The increasing demand had a direct impact on the overall market in the US. Besides US, the Medical Imaging Equipment Market in Asia Pacific is likely to grow in the coming years due to high investments in research and development of medical imaging by private organizations and leading investor firms.
- Magnetic Resonance Imaging Equipment
- Computed Tomography Equipment
- X-ray Equipment
- Ultrasound Equipment
- Molecular Imaging Equipment
By End User
- Specialty Clinics
- Diagnostic Imaging Centers
Samsung Medison Unveils its Latest Tech for Radiologists
Samsung introduced various products for medical imaging all put together with AI. These products are predicted to strengthen technologies and provide better results collaborating with hospitals and medical healthcare. For instance, S-Detect™, an ultrasound system based on AI technology analyzes breast lesions using ultrasound images. Likewise, SimGrid™, a digital radiography system offers exceptional image quality with reduced scatter artifacts. The new innovations in magnetic resonance imaging, ultrasound system, digital radiography and computed tomography are expected to drive the global medical imaging equipment market.