Global Medical Imaging
Equipment Market is segmented on the basis of Product as X-Ray Devices,
Ultrasound Systems, Computed Tomography (CT) Scanners, Magnetic Resonance
Imaging (MRI) Equipment, and Nuclear Imaging Equipment. Medical imaging is a
procedure that is employed to generate images and views of organs and tissues
within the body. It is basically a kind of diagnostic testing that is said to
be quite helpful for the utilization in diagnosis and treatment.
The process of medical imaging
is normally of two types entailing classical medical imaging and contemporary
medical imaging. The most common medical imaging is X-Rays that make use of
high energy radiation that goes through skin and tissue but doesn’t pass
through bones. It is known that this particular process is painless,
non-invasive and quick. The prominent factors that are playing a major role in
raising the share of the market include rising occurrence of target diseases,
rising geriatric population, augmentation in the demand for 3D medical imaging
equipment, and emergence of the initiatives taken up by the government and
private organizations in the medical imaging equipment market.
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Moreover, it has been noticed
that more and more of emphasis is being laid on the Research & Development
activities in order to offer high-quality imaging for improved diagnosis and
treatment of diseases. However, it has been observed that the pressure on
healthcare budgets is rising in the United States and excise duty is being
forced on medical device manufacturers and these factors are eventually
becoming the major challenges for the growth of the market.
Other factors that are also
turning as major obstacles in the growth of the market include reduced adoption
of digital technology-based systems, conventional CT, and MRI scanners among
patients. However, it is said that the medical imaging equipment market still
has a huge prospect to develop with the initiation of cloud-based medical
imaging.
Among all the product types,
X-Ray imaging devices is covering the largest share in the market, the reason
being rising frequency of cardiovascular, respiratory, and gastrointestinal
disorders and easy availability of X-Ray devices. Medical Imaging Equipment
Market is segmented on the basis of technology as X-Ray Devices, Ultrasound
Systems, Computed Tomography (CT) Scanners, Magnetic Resonance Imaging (MRI)
Equipment, and Nuclear Imaging Equipment.
Medical Imaging Equipment
Market is segmented on the basis of geographical region as North America,
Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA). As far
as the geography is concerned, North America is lately leading the market and
it is estimated that the region will witness a great upsurge in the near
future. On the other hand, Asia Pacific is also showing huge growth, the reason
being taking up of initiatives by the government authorities that has
ultimately resulted in augmented focus on the enhancement of healthcare
infrastructure in numerous developing economies.
The key players operating in
the Medical Imaging Equipment Market include GE Healthcare, Hitachi Medical
Corporation, Philips Healthcare, Siemens Healthcare, Shimadzu Corporation,
Genesis Medical Imaging Inc., Fonar Corporation, Toshiba Corporation, Fujifilm
Holdings Corporation, Hologic Inc, Samsung Medison Co. Ltd., and Carestream
Health Inc.
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