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Medical Imaging Equipment Market Size, Revenue, Share and Global Trend by Type, Application and Geography Forecast till 2026

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Medical Imaging Equipment Market by top manufacturers, type and application, with sales market share and growth rate Forecasts till 2026

— Increasing cases of diseases such as cancer, and orthopedic disorders are likely to propel growth of the medical imaging equipment market says Fortune Business Insights in a published report, titled “Medical Imaging Equipment Market Size, Share and Global Trend by Type (Magnetic Resonance Imaging Equipment, Computed Tomography Equipment, X-ray Equipment, Ultrasound Equipment Molecular Imaging Equipment), By Application (Cardiology, Neurology, Orthopedics, Gynecology, Oncology), By End-User (Hospitals, Specialty Clinics, Diagnostic Imaging Centers, Others) and Geography Forecast till 2026.”As per the report, the market is projected to reach a value of US$ 44,077.7 Mn at a CAGR of 4.6% by 2025 from US$ 30,814.2 Mn in 2017.

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Advent of AI-Inspired Medical Imaging System To Propel Growth

Rising prevalence of chronic diseases such as cardiovascular diseases, cancer, and orthopedic disorders witnessed around the world is propelling growth of the global medical imaging equipment market. An increasing number of patients undergoing medical diagnostic imaging procedures are also a factor contributing to the market growth. Artificial intelligence is a key aspect which is aiding in the development of the health care sector. Medical imaging technology has greatly benefited from the integration of artificial intelligence, offering early detection of diseases, early diagnosis and treatment.

For instance, Nvidia-a tech company introduced the Nvidia Clara platform, offering numerous applications for AI-powered medical imagery. Several types of equipment are featuring AI-powered technology such as MRI machines, CT scanners, Ultrasound, and optical coherence tomography. AI-powered technology is expected to attract patients for advanced treatment which will enable the growth of the global for medical imaging equipment market.

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.

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U.S To Remain Dominant In The Global Market

The medical imaging equipment market in North America was valued at US$ 7,993.4 Mn in 2017 and is estimated to grow on a moderate CAGR during the forecast period. In North America, the U.S is leading the market offering new products based on new technologies for medical imaging. For instance, Siemens Healthcare GmbH announced two new magnetic resonance imaging scanners at the Radiology Society of North America (RSNA 2018) conference in November 2018. North America is predicted to consistently dominate the global market, owing to the advanced systems in the country.

The two new scanners are based on the exclusive Biomatrix technology model of Siemens Healthcare GmbH. In addition, the rising number of patients undergoing diagnostic imaging procedures in the country is another factor driving the growth of the medical imaging equipment market. Leading Chinese market player and other regional players entering the thriving U.S. market is predicted to support the growth of the medical imaging equipment market in North America.

Key companies in the global medical imaging equipment market are GENERAL ELECTRIC, COMPANY, Hitachi, Ltd., Shimadzu Corporation, Siemens Healthcare GmbH, Koninklijke, Philips N.V., Supersonic Imagine, Hologic, Inc., SAMSUNG, Fujifilm Holdings Corporation and Other Prominent Players


1. Introduction

1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities

4. Key Insights

4.1 Epidemiology Overview: Key Diseases, 2018
4.2 Overview: Mergers, Acquisitions & Partnerships
4.3 Pricing Analysis, Key Players
4.4 Installed Base Scenario, Key Brands/ Players

About Us

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Contact Info:
Name: Mr. Ashwin Arora
Email: Send Email
Organization: Fortune Business Insights Pvt. Ltd.

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Source: MarketersMedia

Release ID: 88898745

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