Global Medical Imaging Equipment Services Market to 2030 - Refurbished Equipment Fuels Services Market

DUBLIN, Nov. 30, 2023 /PRNewswire/ -- The "Medical Imaging Equipment Services - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Medical Imaging Equipment Services Market to Reach $29.7 Billion by 2030

The global market for Medical Imaging Equipment Services estimated at US$20.9 Billion in the year 2022, is projected to reach a revised size of US$29.7 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030.

The report encompasses an in-depth analysis of the global market for Equipment Repair & Maintenance, Equipment Removal & Relocation, Refurbished Systems, Other Service Types, OEM, Other Service Providers, Hospitals, Diagnostic Centers, and Other End-Uses within the medical imaging equipment services industry. 

Equipment Repair & Maintenance, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$17.9 Billion by the end of the analysis period. Growth in the Equipment Removal & Relocation segment is estimated at 3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.2 Billion, While China is Forecast to Grow at 6.1% CAGR

This analysis includes data on annual revenues, percentage CAGR, historic reviews, and a 16-year perspective for various geographic regions, such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa.

The Medical Imaging Equipment Services market in the U.S. is estimated at US$6.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 6.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Additionally, the report features a summary of annual sales figures for Medical Imaging Equipment Services from 2014 to 2030, providing a comprehensive overview of this market segment.

Select Competitors

What`s New?

• Special discussions on the global economic climate and market sentiment
• Coverage on global competitiveness and key competitor percentage market shares
• Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and research platform
• Complimentary updates for one year
• Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• IMPACT OF COVID-19 on MEDICAL IMAGING MARKET
• Imaging Screening Volume % Change 1H 2019 Vs 1H 2020 in U.S Hospitals
• As Medical Imaging Revenues Remain in Jeopardy, Hospitals Switch to Equipment Services to Rein in Costs
• Rising Adoption of Remote Servicing
• Adjusting Protocols to Push Throughput
• COVID-19 Set to Influence Service Requirements of Medical Imaging Modalities
• Value-added Services & Post-Warranty Contracts
• Resumption of Elective Procedures Prompts Radiology Departments to Ensure High Efficiency & Uptime for Imaging Equipment
• Right to Repair Legislation to Create Divide among Imaging Equipment Service Providers
• Medical Imaging Equipment Services - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Global Medical Imaging Equipment Services Market: A Primer
• Types Of Services
• Types of Vendors
• Outlook
• Developed Regions Dominate the Market
• Fast Paced Growth Forecasts in Developing Regions
• OEMs Dominate the Medical Imaging Equipment Services Market
• Market Challenges
• Evolving Role of In-House Service Departments
• Reimbursement Policies
• Repair Contract Volumes
• COMPETITION
• Market Share of Leading Players in Global Medical imaging equipment Market: 2020
• Market Share of Leading Players in Global CT Scanners Market: 2020
• Market Share of Leading Players in Global MRI Equipment Market: 2020
• Market Share of Leading Players in the Global Ultrasound Equipment Market: 2020
• OEM Vendors Implement Strategic Initiatives to Solidify Market Position
• Recent Market Activity

MARKET TRENDS & DRIVERS

• Persistent Need to Maintain Fully-Conditioned Imaging Equipment: Cornerstone for Growth
• Cost Comparison of Different Imaging Modalities
• Global Medical Imaging Equipment Market by Modality (2020): Percentage Breakdown of Revenues for Computer Tomography (CT), MRI, Nuclear Imaging, Ultrasound and X-Ray Equipment
• Rise in Third Party Imaging Centers result in Increased Demand for Timely Servicing
• Key Factors to Consider While Selecting Medical Imaging Equipment Service Providers
• Rise in Number of Diagnostic Imaging Centers to Drive Demand for Imaging Services
• Service Providers Offer Plethora of Services
• Application of AI in Maintenance Services
• Rise in Medical Diagnostic Volumes Augurs Well for Market Growth
• Aged and Outdated Equipment: Primary Demand Driver
• Rise in Need for New Advances in Medical Imaging Technology
• Obsolete Imaging Equipment Impacting Claim Costs and Quality of Care of Injured Workers
• Refurbished Equipment Fuels Services Market
• Preventive Maintenance Critical in Time and Materials Service
• Remote Services: An Additional Benefit to Make the Switch
• Potential for Services in Mobile Medical Imaging Equipment
• Rise in Demand for Sophisticated Healthcare Technologies Drives Demand for Installation and Maintenance Services
• Rise in Deployment & Usage of Imaging Equipment Across Modalities: A Review
• MRI Leads the Global Diagnostic Imaging Market
• Magnetic Resonance Imaging (MRI) Units in Select Countries (Per Million Population) for the Year 2019
• Computed Tomography System (CT Scanner)
• Ultrasound Systems
• Global Ultrasound Systems Market by Portability Type (2019): Percentage Breakdown of Unit Sales for Cart Systems and Point-of Care Systems
• X-Ray
• Nuclear Medicine
• CT Imaging Gains Popularity
• Demographic Factors Favor Growth
• Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
• Rising Incidence of Chronic Diseases Propels the Demand for Medical Imaging
• Rising Prevalence of Chronic Diseases Amplifies the Volume of Diagnostic Imaging Procedures: Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
• Uptrend in Healthcare Expenditure Drives Opportunities
• World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
• Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023

FOCUS ON SELECT PLAYERS  (Total 56 Featured)

• Althea Group
• Agfa Healthcare NV
• Barco NV
• Canon Medical Systems Corporation
• GE HealthCare
• Neusoft Medical Systems Co., Ltd.
• Philips Healthcare
• Siemens Healthcare GmbH
• Samsung Medison Co., Ltd.
• Shimadzu Corporation

For more information about this report visit https://www.researchandmarkets.com/r/hok0yp

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