1. Market Research
  2. > Healthcare
  3. > Medical Device Market Trends
  4. > Diagnostic Imaging

Diagnostic Imagery: Must-Read Reports & Analysis

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
9 votes

Diagnostic Imaging Industry Analysis

The diagnostic imaging industry uses technology to image and create internal visual representations of the human body for diagnostic and treatment purposes. Each technique and system provides information restricted to the area of the body being studied or treated. Imaging for medical purposes is generally carried out in hospitals by radiologists, sonographers, medical physicists and nurses.

On the basis of market share Siemens AG, General Electric and Koninklijke Philips N.V. are the leading diagnostic imaging equipment providers across the globe.

Key Market Segments

Over recent years new technological innovations have led to enhanced diagnostic imaging services. Widely used technologies in medical diagnosis include:  

Computed tomography (CT) technology produces cross sectional images of the human body using x-ray photons. CT-scan images provide more detailed information than plain X-rays. With improving technology modern CT equipment allows spiral scanning and produces multiple segment images of the human body simultaneously. The growing use of CT scans in medical diagnosis is expected to drive the global market for the scanners used in these procedures to more than $5 billion by 2020.

Magnetic resonance imaging (MRI) uses magnetic fields and radio waves to produce cross sectional images of organs and internal structures of the body. MRI imaging is an important clinical diagnostic tool and the machines used in these procedures are expected to have a market value of about $7 billion in the near future.

Ultrasound uses high-frequency sound waves and health care professionals use it to view tissues such as the heart, blood vessels, kidneys and liver. Rising incidences of cardiovascular diseases, cancer and growing demand for minimally invasive treatment procedures are fuelling the market for ultrasound scanning.

Mammography and nuclear medicine imaging are also widely used as part of medical imaging. For instance the radiopharmaceuticals used in nuclear medicine imaging are a more than a $4 billion market.

Regional Market Shares

The global market for medical imaging systems is expected to grow to more than $27 billion in the foreseeable future. The key markets mentioned below are likely to contribute to this growth.

The USA is one of the largest markets for diagnostic imaging. A shift toward less invasive diagnostic imaging procedures, including CT scans, MRIs and ultrasound is likely to drive the market for medical imaging in this country, although there are restraints such as reimbursement issues and regulatory framework concerns.

Europe accounts for about a quarter of the global diagnostic imaging market. X-ray imaging is expected to continue to be the largest category in the diagnostic imaging market in this region. Market growth is also expected to be driven by nuclear imaging, MRI and CT scans. Population ageing and rising demand for health care are likely to drive the diagnostic imaging market to more than $6 billion in the foreseeable future.

The Asian diagnostic imaging market, which is a more than $9 billion market, is growing rapidly due to developing healthcare infrastructure, government initiatives, increasing aging population and rise in incidence of chronic diseases.  High growth is seen in the ultrasound, MRI and X-ray segments. Countries like Japan, China and India are expected to drive the market for diagnostic imaging in this region.

Read more »

Share
24/7 Customer Support

Talk to Sam

+1 646 893 5945

8 Reports
Company, Demand, Company Financials
110 Statistics
Market Size, Finance, Company Financials
110 Reports
Company Financials, Company, Demand
200 Statistics
Finance, Company Financials, Market Size
4 Reports
Company Financials, Market Size, Supply
12 Statistics
Market Size, Finance, Company Financials
10 Reports
Economy, Forecast, Supply
55 Statistics
Market Size, Economy, Demand
9 Reports
Demand, Forecast, Company
27 Statistics
Finance, Company Financials, Company
3 Reports
Market Size, Supply, Demand
22 Statistics
Finance, Company Financials, Market Size
3 Reports
Forecast, Demand, Company
5 Statistics
Finance, Company Financials, Market Size
8 Reports
Company, Trade, Demand
77 Statistics
Market Size, Finance, Demand
3 Reports
Demand, Company Financials, Company
4 Statistics
Finance, Company Financials, Demand
Search in Diagnostic Imaging Industry (About 800 reports)
Parent industry: Medical Device
Related industries: In Vitro Diagnostics, Cardiovascular Devices, Orthopedics, Respiratory Device, Surgical Equipment, Dialysis Device, Endoscopic Device, Patient Monitoring

About 2700 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 18799)

Ultrasound Market by Technology, Display, Portability, Application, End User - Forecast to 2021

Ultrasound Market: Forecast until 2021

  • $ 7150
  • Industry report
  • March 2017
  • by MarketsandMarkets

The ultrasound market is expected to reach USD 6.86 billion by 2021 at a CAGR of 5.2% during 2016-2021.North America and Europe held the largest share of the market in 2016; however, the Asia-Pacific region ...

Contrast Media/Contrast Agents Market: Global Forecast ... $ 5650 November 2017

Medical Image Analysis Software Market: Global Forecast ... $ 5650 September 2017

Hybrid Operating Room Market: Global Forecast until 202 ... $ 5650 August 2017

Non-Destructive Testing and Inspection Market: Global F ... $ 5650 August 2017

X-ray Detector Market: Global Forecast until 2022 $ 5650 August 2017

Vascular Imaging Market: Global Forecast until 2022 $ 5650 June 2017

Contrast Injector Market: Global Forecast until 2021 $ 5650 May 2017

Intraoperative Imaging Market: Global Forecast until 20 ... $ 5650 April 2017

Diagnostic Imaging Market: Global Forecast until 2021 $ 5650 February 2017


ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.