Diagnostic/Medical Imaging Market, Global Forecast, Impact of COVID-19, Industry Trends, Growth, Opportunity By Products, Company Analysis
Diagnostic imaging is the technique that practices electromagnetic radiation and certain other technologies of creating visual representations of the body's interior organs for clinical analysis and medical intervention. Globally, Medical imaging is used to diagnose and treat disease and expose internal structures concealed by the skin and bones. Medical imaging device also creates a database of normal anatomy and physiology, allowing abnormalities to be detected. As per Renub Research findings, the Global Diagnostic Imaging Market will reach USD 43.42 Billion by 2026.
Global Diagnostic Imaging Market primarily focuses on creating images of the body, organs, and other internal structures, providing products like X-ray Devices, Computed Tomography, MRI equipment, Ultrasound, and Nuclear Imaging (PET / SPECT) Systems. Nuclear Imaging (PET/SPECT) System is more preferred by patients owing to its property to create three-dimensional images worldwide. Nuclear Imaging provides metabolic and functional information, unlike CT and MRI. It combined with CT and MRI to provide detailed anatomical and metabolic data.
Ultrasound is another product that doctors suggest. Advanced ultrasonic transducers have recently developed, opening up new applications for ultrasound devices in biomedical and cardiovascular imaging. Furthermore, a strong focus on developing portable ultrasound devices projected to broaden the scope of this modality's use in ambulatory and emergency care. According to Renub Research, Medical Imaging Market was valued at USD 27.11 Billion in the year 2020.
COVID-19 pandemic Impact on Global Diagnostic Imaging Market
The COVID-19 pandemic, which occurred in the first days of 2020, has had a significant impact on the Global Diagnostic Imaging Market. However, for COVID-19 patients, CT scanners are one of the most important diagnostic tools. The segment is being driven by increased demand for point-of-care CT devices and the development of a high-precision CT scanner through the integration of artificial intelligence and enhanced visualisation systems. As expected, we anticipate a positive recovery post-COVID. As per this research report, Worldwide Diagnostic Imaging Industry will grow with a CAGR of 8.17% during 2020-2026.
Driving Factors and Challenges for the Medical Imaging Industry
Global Diagnostic Imaging Market is driven by factors like growing demand for early disease diagnosis, rapidly rising geriatric population, enlarging scope of clinical applications. In addition to subsequent growth in the prevalence of related diseases, technological advancements in the diagnostic imaging industry, and increasing investments, funds, and grants by public-private organizations. The rapidly growing prevalence of the old population and the subsequent increase in associated disease around the globe made orthopaedics disorder the highest demand for Diagnostic Imaging.
High cost of equipment, increasing regulatory burden and declining reimbursement, limitations associated with standalone systems are some reasons restricting the Global Diagnostic Imaging Market. However, North America has many industry players, and the high frequencies of new product launches within the region are the factors contributing to the regional Diagnostic Imaging Market growth.
Renub Research latest report “Diagnostic/Medical Imaging Market Global Forecast by Products (X-ray Devices, Computed Tomography, MRI equipment, Ultrasound, Nuclear Imaging (PET/SPECT) Systems) Application (Orthopedics, Cardiovascular, Neurology, Pelvic & Abdomen, Oncology) End Users (Hospitals, Diagnostics Center & Others) Regions (North America, Europe, Asia –Pacifics, South America, Middle East & Africa) Company (FUJIFILM Visual Sonics Inc., Canon Medical Systems Corporation, Siemens Healthineers, Bruker Corporation, PerkinElmer Inc.)'' provides a detailed analysis of Medical Imaging Market.
Products – Market breakup from 5 Viewpoints
1. X-ray Devices
2. Computed Tomography
3. MRI equipment
4. Ultrasound
5. Nuclear Imaging (PET/SPECT) Systems
Application - Market breakup from 5 Viewpoints
1. Orthopedics
2. Cardiovascular
3. Neurology
4. Pelvic & Abdomen
5. Oncology
End Users - Market breakup from 3 Viewpoints
1. Hospital
2. Diagnostics Center
3. Others
Region – Market breakup from 5 Viewpoints
1. North America
2. Europe
3. Asia–Pacific
4. South America
5. Middle East & Africa
All companies have been covered from 3 viewpoints
1. FUJIFILM Visual Sonics Inc.
2. Canon Medical Systems Corporation
3. Siemens Healthineers
4. Bruker Corporation
5. PerkinElmer Inc.
Global Diagnostic Imaging Market primarily focuses on creating images of the body, organs, and other internal structures, providing products like X-ray Devices, Computed Tomography, MRI equipment, Ultrasound, and Nuclear Imaging (PET / SPECT) Systems. Nuclear Imaging (PET/SPECT) System is more preferred by patients owing to its property to create three-dimensional images worldwide. Nuclear Imaging provides metabolic and functional information, unlike CT and MRI. It combined with CT and MRI to provide detailed anatomical and metabolic data.
Ultrasound is another product that doctors suggest. Advanced ultrasonic transducers have recently developed, opening up new applications for ultrasound devices in biomedical and cardiovascular imaging. Furthermore, a strong focus on developing portable ultrasound devices projected to broaden the scope of this modality's use in ambulatory and emergency care. According to Renub Research, Medical Imaging Market was valued at USD 27.11 Billion in the year 2020.
COVID-19 pandemic Impact on Global Diagnostic Imaging Market
The COVID-19 pandemic, which occurred in the first days of 2020, has had a significant impact on the Global Diagnostic Imaging Market. However, for COVID-19 patients, CT scanners are one of the most important diagnostic tools. The segment is being driven by increased demand for point-of-care CT devices and the development of a high-precision CT scanner through the integration of artificial intelligence and enhanced visualisation systems. As expected, we anticipate a positive recovery post-COVID. As per this research report, Worldwide Diagnostic Imaging Industry will grow with a CAGR of 8.17% during 2020-2026.
Driving Factors and Challenges for the Medical Imaging Industry
Global Diagnostic Imaging Market is driven by factors like growing demand for early disease diagnosis, rapidly rising geriatric population, enlarging scope of clinical applications. In addition to subsequent growth in the prevalence of related diseases, technological advancements in the diagnostic imaging industry, and increasing investments, funds, and grants by public-private organizations. The rapidly growing prevalence of the old population and the subsequent increase in associated disease around the globe made orthopaedics disorder the highest demand for Diagnostic Imaging.
High cost of equipment, increasing regulatory burden and declining reimbursement, limitations associated with standalone systems are some reasons restricting the Global Diagnostic Imaging Market. However, North America has many industry players, and the high frequencies of new product launches within the region are the factors contributing to the regional Diagnostic Imaging Market growth.
Renub Research latest report “Diagnostic/Medical Imaging Market Global Forecast by Products (X-ray Devices, Computed Tomography, MRI equipment, Ultrasound, Nuclear Imaging (PET/SPECT) Systems) Application (Orthopedics, Cardiovascular, Neurology, Pelvic & Abdomen, Oncology) End Users (Hospitals, Diagnostics Center & Others) Regions (North America, Europe, Asia –Pacifics, South America, Middle East & Africa) Company (FUJIFILM Visual Sonics Inc., Canon Medical Systems Corporation, Siemens Healthineers, Bruker Corporation, PerkinElmer Inc.)'' provides a detailed analysis of Medical Imaging Market.
Products – Market breakup from 5 Viewpoints
1. X-ray Devices
2. Computed Tomography
3. MRI equipment
4. Ultrasound
5. Nuclear Imaging (PET/SPECT) Systems
Application - Market breakup from 5 Viewpoints
1. Orthopedics
2. Cardiovascular
3. Neurology
4. Pelvic & Abdomen
5. Oncology
End Users - Market breakup from 3 Viewpoints
1. Hospital
2. Diagnostics Center
3. Others
Region – Market breakup from 5 Viewpoints
1. North America
2. Europe
3. Asia–Pacific
4. South America
5. Middle East & Africa
All companies have been covered from 3 viewpoints
- Overviews
- Recent Developments
- Revenues
1. FUJIFILM Visual Sonics Inc.
2. Canon Medical Systems Corporation
3. Siemens Healthineers
4. Bruker Corporation
5. PerkinElmer Inc.
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Growth Drivers
4.2 Challenges
5. GLOBAL DIAGNOSTIC IMAGING MARKET
6. MARKET SHARE – GLOBAL DIAGNOSTIC IMAGING
6.1 By Products
6.2 By Application
6.3 By End User
6.4 By Region
7. PRODUCTS – GLOBAL DIAGNOSTIC IMAGING MARKET
7.1 X-ray Devices
7.2 Computed Tomography
7.3 MRI equipment
7.4 Ultrasound
7.5 Nuclear Imaging (PET/SPECT) Systems
8. APPLICATION – GLOBAL DIAGNOSTIC IMAGING MARKET
8.1 Orthopedics
8.2 Cardiovascular
8.3 Neurology
8.4 Pelvic & Abdomen
8.5 Oncology
9. END USERS – GLOBAL DIAGNOSTIC IMAGING MARKET
9.1 Hospital
9.2 Diagnostic Center
9.3 Others
10. REGION – GLOBAL DIAGNOSTIC IMAGING MARKET
10.1 North America
10.2 Europe
10.3 Asia Pacific
10.4 South America
10.5 Middle East & Africa
11. COMPANY ANALYSIS
11.1 FUJIFILM Visual Sonics Inc.
11.1.1 Overview
11.1.2 Recent Development & Strategies
11.1.3 Financial Insight
11.2 Canon Medical Systems Corporation
11.2.1 Overview
11.2.2 Recent Development & Strategies
11.2.3 Financial Insight
11.3 Siemens Healthineers
11.3.1 Overview
11.3.2 Recent Development & Strategies
11.3.3 Financial Insight
11.4 Bruker Corporation
11.4.1 Overview
11.4.2 Recent Development & Strategies
11.4.3 Financial Insight
11.5 PerkinElmer Inc.
11.5.1 Overview
11.5.2 Recent Development & Strategies
11.5.3 Financial Insight
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Growth Drivers
4.2 Challenges
5. GLOBAL DIAGNOSTIC IMAGING MARKET
6. MARKET SHARE – GLOBAL DIAGNOSTIC IMAGING
6.1 By Products
6.2 By Application
6.3 By End User
6.4 By Region
7. PRODUCTS – GLOBAL DIAGNOSTIC IMAGING MARKET
7.1 X-ray Devices
7.2 Computed Tomography
7.3 MRI equipment
7.4 Ultrasound
7.5 Nuclear Imaging (PET/SPECT) Systems
8. APPLICATION – GLOBAL DIAGNOSTIC IMAGING MARKET
8.1 Orthopedics
8.2 Cardiovascular
8.3 Neurology
8.4 Pelvic & Abdomen
8.5 Oncology
9. END USERS – GLOBAL DIAGNOSTIC IMAGING MARKET
9.1 Hospital
9.2 Diagnostic Center
9.3 Others
10. REGION – GLOBAL DIAGNOSTIC IMAGING MARKET
10.1 North America
10.2 Europe
10.3 Asia Pacific
10.4 South America
10.5 Middle East & Africa
11. COMPANY ANALYSIS
11.1 FUJIFILM Visual Sonics Inc.
11.1.1 Overview
11.1.2 Recent Development & Strategies
11.1.3 Financial Insight
11.2 Canon Medical Systems Corporation
11.2.1 Overview
11.2.2 Recent Development & Strategies
11.2.3 Financial Insight
11.3 Siemens Healthineers
11.3.1 Overview
11.3.2 Recent Development & Strategies
11.3.3 Financial Insight
11.4 Bruker Corporation
11.4.1 Overview
11.4.2 Recent Development & Strategies
11.4.3 Financial Insight
11.5 PerkinElmer Inc.
11.5.1 Overview
11.5.2 Recent Development & Strategies
11.5.3 Financial Insight
LIST OF FIGURES:
Figure-01: Global Diagnostic Imaging Market (Billion US$), 2016 – 2020
Figure-02: Forecast for – Global Diagnostic Imaging Market (Billion US$), 2021 – 2026
Figure-03: Product – X-ray Devices Market (Billion US$), 2016 – 2020
Figure-04: Product – Forecast for X-ray Devices Market (Billion US$), 2021 – 2026
Figure-05: Product – Computed Tomography Market (Billion US$), 2016 – 2020
Figure-06: Product – Forecast for Computed Tomography Market (Billion US$), 2021 – 2026
Figure-07: Product – MRI Equipment Market (Billion US$), 2016 – 2020
Figure-08: Product – Forecast for MRI Equipment Market (Billion US$), 2021 – 2026
Figure-09: Product – Ultrasound Market (Billion US$), 2016 – 2020
Figure-10: Product – Forecast for Ultrasound Market (Billion US$), 2021 – 2026
Figure-11: Product – Nuclear Imaging (PET/SPECT) Systems Market (Billion US$), 2016 – 2020
Figure-12: Product – Forecast for Nuclear Imaging (PET/SPECT) Systems Market (Billion US$), 2021 – 2026
Figure-13: Application – Orthopedics Market (Billion US$), 2016 – 2020
Figure-14: Application – Forecast for Orthopedics Market (Billion US$), 2021 – 2026
Figure-15: Application – Cardiovascular Market (Billion US$), 2016 – 2020
Figure-16: Application – Forecast for Cardiovascular Market (Billion US$), 2021 – 2026
Figure-17: Application – Neurology Market (Billion US$), 2016 – 2020
Figure-18: Application – Forecast for Neurology Market (Billion US$), 2021 – 2026
Figure-19: Application – Pelvic & Abdomen Market (Billion US$), 2016 – 2020
Figure-20: Application – Forecast for Pelvic & Abdomen Market (Billion US$), 2021 – 2026
Figure-21: Application – Oncology Market (Billion US$), 2016 – 2020
Figure-22: Application – Forecast for Oncology Market (Billion US$), 2021 – 2026
Figure-23: End User – Hospital Market (Billion US$), 2016 – 2020
Figure-24: End User – Forecast for Hospital Market (Billion US$), 2021 – 2026
Figure-25: End User – Diagnostic Center Market (Billion US$), 2016 – 2020
Figure-26: End User – Forecast for Diagnostic Center Market (Billion US$), 2021 – 2026
Figure-27: End User – Others Market (Billion US$), 2016 – 2020
Figure-28: End User – Forecast for Others Market (Billion US$), 2021 – 2026
Figure-29: North America – Diagnostic Imaging Market (Billion US$), 2016 – 2020
Figure-30: North America – Forecast for Diagnostic Imaging Market (Billion US$), 2021 – 2026
Figure-31: Europe – Diagnostic Imaging Market (Billion US$), 2016 – 2020
Figure-32: Europe – Forecast for Diagnostic Imaging Market (Billion US$), 2021 – 2026
Figure-33: Asia Pacific – Diagnostic Imaging Market (Billion US$), 2016 – 2020
Figure-34: Asia Pacific – Forecast for Diagnostic Imaging Market (Billion US$), 2021 – 2026
Figure-35: South America – Diagnostic Imaging Market (Million US$), 2016 – 2020
Figure-36: South America – Forecast for Diagnostic Imaging Market (Million US$), 2021 – 2026
Figure-37: Middle East & Africa – Diagnostic Imaging Market (Million US$), 2016 – 2020
Figure-38: Middle East & Africa – Forecast for Diagnostic Imaging Market (Million US$), 2021 – 2026
Figure-39: FUJIFILM VisualSonics Inc. – Global Revenue (Billion US$), 2016 – 2020
Figure-40: FUJIFILM VisualSonics Inc. – Forecast for Global Revenue (Billion US$), 2021 – 2026
Figure-41: Canon Medical Systems Corporation – Global Revenue (Billion US$), 2016 – 2020
Figure-42: Canon Medical Systems Corporation – Forecast for Global Revenue (Billion US$), 2021 – 2026
Figure-43: Siemens Healthineers – Global Revenue (Billion US$), 2016 – 2020
Figure-44: Siemens Healthineers – Forecast for Global Revenue (Billion US$), 2021 – 2026
Figure-45: Bruker Corporation – Global Revenue (Billion US$), 2016 – 2020
Figure-46: Bruker Corporation – Forecast for Global Revenue (Billion US$), 2021 – 2026
Figure-47: PerkinElmer Inc. – Global Revenue (Billion US$), 2016 – 2020
Figure-48: PerkinElmer Inc. – Forecast for Global Revenue (Billion US$), 2021 – 2026
Figure-01: Global Diagnostic Imaging Market (Billion US$), 2016 – 2020
Figure-02: Forecast for – Global Diagnostic Imaging Market (Billion US$), 2021 – 2026
Figure-03: Product – X-ray Devices Market (Billion US$), 2016 – 2020
Figure-04: Product – Forecast for X-ray Devices Market (Billion US$), 2021 – 2026
Figure-05: Product – Computed Tomography Market (Billion US$), 2016 – 2020
Figure-06: Product – Forecast for Computed Tomography Market (Billion US$), 2021 – 2026
Figure-07: Product – MRI Equipment Market (Billion US$), 2016 – 2020
Figure-08: Product – Forecast for MRI Equipment Market (Billion US$), 2021 – 2026
Figure-09: Product – Ultrasound Market (Billion US$), 2016 – 2020
Figure-10: Product – Forecast for Ultrasound Market (Billion US$), 2021 – 2026
Figure-11: Product – Nuclear Imaging (PET/SPECT) Systems Market (Billion US$), 2016 – 2020
Figure-12: Product – Forecast for Nuclear Imaging (PET/SPECT) Systems Market (Billion US$), 2021 – 2026
Figure-13: Application – Orthopedics Market (Billion US$), 2016 – 2020
Figure-14: Application – Forecast for Orthopedics Market (Billion US$), 2021 – 2026
Figure-15: Application – Cardiovascular Market (Billion US$), 2016 – 2020
Figure-16: Application – Forecast for Cardiovascular Market (Billion US$), 2021 – 2026
Figure-17: Application – Neurology Market (Billion US$), 2016 – 2020
Figure-18: Application – Forecast for Neurology Market (Billion US$), 2021 – 2026
Figure-19: Application – Pelvic & Abdomen Market (Billion US$), 2016 – 2020
Figure-20: Application – Forecast for Pelvic & Abdomen Market (Billion US$), 2021 – 2026
Figure-21: Application – Oncology Market (Billion US$), 2016 – 2020
Figure-22: Application – Forecast for Oncology Market (Billion US$), 2021 – 2026
Figure-23: End User – Hospital Market (Billion US$), 2016 – 2020
Figure-24: End User – Forecast for Hospital Market (Billion US$), 2021 – 2026
Figure-25: End User – Diagnostic Center Market (Billion US$), 2016 – 2020
Figure-26: End User – Forecast for Diagnostic Center Market (Billion US$), 2021 – 2026
Figure-27: End User – Others Market (Billion US$), 2016 – 2020
Figure-28: End User – Forecast for Others Market (Billion US$), 2021 – 2026
Figure-29: North America – Diagnostic Imaging Market (Billion US$), 2016 – 2020
Figure-30: North America – Forecast for Diagnostic Imaging Market (Billion US$), 2021 – 2026
Figure-31: Europe – Diagnostic Imaging Market (Billion US$), 2016 – 2020
Figure-32: Europe – Forecast for Diagnostic Imaging Market (Billion US$), 2021 – 2026
Figure-33: Asia Pacific – Diagnostic Imaging Market (Billion US$), 2016 – 2020
Figure-34: Asia Pacific – Forecast for Diagnostic Imaging Market (Billion US$), 2021 – 2026
Figure-35: South America – Diagnostic Imaging Market (Million US$), 2016 – 2020
Figure-36: South America – Forecast for Diagnostic Imaging Market (Million US$), 2021 – 2026
Figure-37: Middle East & Africa – Diagnostic Imaging Market (Million US$), 2016 – 2020
Figure-38: Middle East & Africa – Forecast for Diagnostic Imaging Market (Million US$), 2021 – 2026
Figure-39: FUJIFILM VisualSonics Inc. – Global Revenue (Billion US$), 2016 – 2020
Figure-40: FUJIFILM VisualSonics Inc. – Forecast for Global Revenue (Billion US$), 2021 – 2026
Figure-41: Canon Medical Systems Corporation – Global Revenue (Billion US$), 2016 – 2020
Figure-42: Canon Medical Systems Corporation – Forecast for Global Revenue (Billion US$), 2021 – 2026
Figure-43: Siemens Healthineers – Global Revenue (Billion US$), 2016 – 2020
Figure-44: Siemens Healthineers – Forecast for Global Revenue (Billion US$), 2021 – 2026
Figure-45: Bruker Corporation – Global Revenue (Billion US$), 2016 – 2020
Figure-46: Bruker Corporation – Forecast for Global Revenue (Billion US$), 2021 – 2026
Figure-47: PerkinElmer Inc. – Global Revenue (Billion US$), 2016 – 2020
Figure-48: PerkinElmer Inc. – Forecast for Global Revenue (Billion US$), 2021 – 2026
LIST OF TABLES:
Table-01: Global – Diagnostic Imaging Market Share by Product (Percent), 2016 – 2020
Table-02: Global – Forecast for Diagnostic Imaging Market Share by Product (Percent), 2021 – 2026
Table-03: Global – Diagnostic Imaging Market Share by Application (Percent), 2016 – 2020
Table-04: Global – Forecast for Diagnostic Imaging Market Share by Application (Percent), 2021 – 2026
Table-05: Global – Diagnostic Imaging Market Share by End User (Percent), 2016 – 2020
Table-06: Global – Forecast for Diagnostic Imaging Market Share by End User (Percent), 2021 – 2026
Table-07: Global – Diagnostic Imaging Market Share by Region (Percent), 2016 – 2020
Table-08: Global – Forecast for Diagnostic Imaging Market Share by Region (Percent), 2021 – 2026
Table-01: Global – Diagnostic Imaging Market Share by Product (Percent), 2016 – 2020
Table-02: Global – Forecast for Diagnostic Imaging Market Share by Product (Percent), 2021 – 2026
Table-03: Global – Diagnostic Imaging Market Share by Application (Percent), 2016 – 2020
Table-04: Global – Forecast for Diagnostic Imaging Market Share by Application (Percent), 2021 – 2026
Table-05: Global – Diagnostic Imaging Market Share by End User (Percent), 2016 – 2020
Table-06: Global – Forecast for Diagnostic Imaging Market Share by End User (Percent), 2021 – 2026
Table-07: Global – Diagnostic Imaging Market Share by Region (Percent), 2016 – 2020
Table-08: Global – Forecast for Diagnostic Imaging Market Share by Region (Percent), 2021 – 2026
