DUBLIN, Sept. 17, 2019 /PRNewswire/ -- The "North America Diagnostic Imaging Systems Market Research Report: By Product, Application, End User Geographical Insight - Industry Size, Share Analysis and Growth Forecast till 2024" report has been added to ResearchAndMarkets.com's offering.
The North American diagnostic imaging systems market is anticipated to garner $17.7 billion revenue by 2024, growing at a 5.0% CAGR during the forecast period.
The major factors driving the market growth are the rising chronic disease prevalence, technological advancements, and increasing geriatric population.
The North American diagnostic imaging systems market is classified into neurology, obstetrics & gynecology, oncology, ophthalmology, cardiology, urology, orthopedics, dentistry, and others, based on application. By 2024, the oncology category is expected to hold 22.5% share in the market. Technological advancements in the cancer diagnostics field is being considered a major influencer in this category's growth. It is expected to perform well, due to the increasing cancer prevalence as well as awareness about the importance of early cancer diagnosis.
Based on product, the categories of the North American diagnostic imaging systems market are computed tomography (CT) scanners, X-ray systems, magnetic resonance imaging (MRI) systems, nuclear imaging systems, and ultrasound systems. During the forecast period, the fastest growth is expected by the nuclear imaging systems category, owing to their ability to identify abnormalities in the early stage of disease progression.
In the North American diagnostic imaging systems market, the U.S. is expected to be the more significant contributor, with a revenue share of 90.1% in 2024, as the chronic disease prevalence and the number of private diagnostic imaging centers are rising in the country. Advancing at a 5.2% CAGR, the market in the U.S. is predicted to generate a revenue of more than $15.0 billion by 2024.
As per the World Cancer Research Fund International, considering the age-standardized rate for all types of cancer, the U.S. holds the fifth rank in the world. The age-standardized rate was 352.2 per 100,000 people in the country in 2018. Owing to the rising prevalence of cancer, the early diagnosis of the disease is predicted to increase the demand for advanced diagnostic imaging systems, thereby driving the North American diagnostic imaging systems market. Traditional and advanced imaging services, such as CT, X-ray, MRI, and ultrasound, are provided by many private imaging centers. The U.S. Census Bureau mentioned that there were 6,534 diagnostic imaging centers in the country in 2016, which were providing various imaging services.
FUJIFILM Holdings Corporation, General Electric Company, Canon Medical Systems Corporation, Koninklijke Philips NV, Hitachi Ltd., Siemens AG, Karl Storz GmbH & Co. Kg, Samsung Electronics Co. Ltd., Shimadzu Corporation, and Carestream Health Inc. are some of the key players operating in the North American diagnostic imaging systems market.
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Product
220.127.116.11 X-ray imaging systems
18.104.22.168.1 By technology
22.214.171.124.2 By portability
126.96.36.199 MRI systems
188.8.131.52.1 By type
184.108.40.206.2 By field strength
220.127.116.11 Ultrasound systems
18.104.22.168.1 By technology
22.214.171.124.1.1 3D and 4D
126.96.36.199.1.3 Doppler imaging
188.8.131.52.2 By portability
184.108.40.206 CT scanners
220.127.116.11.1 By slice
18.104.22.168 Nuclear imaging systems
4.1.2 By Application
4.1.3 By End User
22.214.171.124 Diagnostic imaging centers
4.2 Market Dynamics
126.96.36.199 Increasing number of product launches
188.8.131.52 Rising number of collaborations and acquisitions among the market players
184.108.40.206 Rising prevalence of chronic diseases
220.127.116.11 Technological innovations
18.104.22.168 Increasing healthcare expenditure
22.214.171.124 Growing awareness on the early diagnosis of diseases
126.96.36.199 Impact analysis of drivers on market forecast
188.8.131.52 High cost of development and maintenance of diagnostic imaging devices
184.108.40.206 Stringent regulations on product approvals
220.127.116.11 Diminishing helium reserves
18.104.22.168 Increasing risk of cancer due to exposure to radiations
22.214.171.124 Impact analysis of restraints on market forecast
126.96.36.199 Forward integration of independent service organizations (ISOs)
4.3 Porter's Five Forces Analysis
4.4 Regulatory Scenario for Diagnostic Imaging Systems
4.5 Pricing Analysis
4.5.1 X-ray Imaging Systems
4.5.2 MRI Systems
4.5.3 Ultrasound Systems
4.5.4 CT Scanners
4.5.5 Nuclear Imaging Systems
4.6 Maintenance Cost Associated with Diagnostic Imaging Systems
4.6.1 Cost-to-Service Ratio
4.6.2 Maintenance Cost Analysis of X-ray Systems
4.6.3 Maintenance Cost Analysis of MRI Systems
4.6.4 Maintenance Cost Analysis of CT Scanners
Chapter 5. North America Market Size and Forecast
5.1 By Product
5.1.1 X-ray Imaging Systems Market
188.8.131.52 By technology
184.108.40.206 By portability
5.1.2 MRI Systems Market
220.127.116.11 By type
18.104.22.168 By field strength
5.1.3 Ultrasound Systems Market
22.214.171.124 By technology
126.96.36.199 By portability
5.1.4 CT Scanners Market
188.8.131.52 By slice
5.2 By Application
5.3 By End User
5.4 By Country
Chapter 6. Competitive Landscape
6.1 Product Offerings of Key Market Players
6.2 Strategic Developments of Key Market Players
6.2.1 Product Launches
6.2.4 Product Approvals
Chapter 7. Company Profiles
- General Electric Company
- Koninklijke Philips N.V.
- Siemens AG
- Shimadzu Corporation
- Carestream Health Inc.
- Esaote S.p.A.
- FUJIFILM Holdings Corporation
- Samsung Electronics Co. Ltd.
- Hologic Inc.
- Canon Medical Systems Corporation
- DEL MEDICAL Inc.
- Konica Minolta Inc.
- Dornier MedTech GmbH
- Hitachi Ltd.
- Karl Storz GmbH & Co. Kg
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