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Global Diagnostic Imaging Market Research Report 2021-2025

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Date5/16/2021 4:35:36 AM
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The global Diagnostic Imaging Market is expected to witness steady growth during the forecast period. Diagnostic imaging is the visualization of body organs for timely and early diagnosis and treatment. The market is expected to grow on the back of rising geriatric population in the world. In this era, technology and the medical sciences sector have joined hands which has helped people to get better treatments with the help of ultrasound, X-rays, etc. Looking at the utility of diagnostic imaging, governments have now initiated funding for such type of medical devices, which is also a driving factor for this market. However, cost expensiveness and high maintenance can be a hurdle in the growth of the market.

The global diagnostic imaging market is segmented on the basis of product type, systems, portability, applications, end users and region. The system segment is divided into ultrasound systems, nuclear imaging systems, X-ray Imaging systems, CT scanners, MRI systems, Mammography systems and fluoroscopy. In 2019, X-ray systems accounted for the largest share due to the rising cases of chronic diseases which require analog or digital X-ray for diagnosis.

In terms of regional analysis, global diagnostics imaging market is segregated into Asia-Pacific, Europe, North America, South America, and Middle East & Africa. Majority of diagnostic imaging-based companies are present in the North America region contributing to the largest share of region in 2019. However, Asia-Pacific is to forecast witness highest growth rate due to the rising awareness pertaining to the surging use of diagnostic imaging in budding economies like India and China.
Leading players in the global diagnostic imaging market include Roche, Phillips Healthcare, Abbott, Danaher, GE Healthcare, Siemens Healthineers, Canon, ThermoFisher Scientific, Fujifilm, Biomerieux, Sysmex, Ortho Clinical Diagnostics, OBD, Bio Rad, Hologic, Konica Minolta, Grifols, DiaSorin, Varex Imaging, Exact Sciences, etc. The companies operating in the market are investing in product developments and R&D in order to launch new diagnostic devices in the market.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
•To analyze and forecast the market size of global diagnostic imaging market.
•To classify and forecast global diagnostic imaging market based on product type, systems, portability, applications, end users and region.
•To identify drivers and challenges for global diagnostic imaging market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global diagnostic imaging market.
•To conduct pricing analysis for global diagnostic imaging market.
•To identify and analyze the profile of leading players operating in global diagnostic imaging market.
Our Company performed both primary as well as exhaustive secondary research for this study. Initially, Our Company sourced a list of hospitals and diagnostic imaging centers across the globe. Subsequently, Our Company conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Company could include the hospitals and diagnostic imaging centers which could not be identified due to the limitations of secondary research. Our Company analyzed the hospitals and diagnostic imaging centers and presence of all major players across the globe.
Our Company calculated the market size of global diagnostic imaging market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Our Company sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product t
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