Key Medical Imaging Market Report Highlights:
- Market growth 2021-2025: USD 13.49 billion
- Growth momentum & CAGR: Accelerate at a CAGR of 6.71%
- YoY growth (%): 6.25%
- Performing market contribution: North America at 38%
- Key consumer countries: US, Germany, Japan, France, and UK
Want more data and information that are not included in this report? Reach out to our analysts and get this report can be personalized according to your needs. Speak to an Analyst.
Regional Market Analysis
With 38% of the growth originating from North America, this region will record a fast growth rate during 2021-2025. The US is the key country for the medical imaging market in North America. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors.
The medical imaging market in North America is expected to grow at a moderate rate during the forecast period. The rising prevalence of chronic diseases, technological advances, product launches, the growing number of awareness programs regarding the early diagnosis of diseases, and the high healthcare spending by people are the major factors that drive the growth of the market in North America.
For Additional Information about the regional market: Request for a free sample report.
Key Vendors and Vendor Strategies
The medical imaging market report offers information on several market vendors, including Canon Inc., Carestream Dental LLC, FUJIFILM Holdings Corp., General Electric Co., Hitachi Ltd., Hologic Inc., Koninklijke Philips NV, Samsung Electronics Co. Ltd., Shimadzu Corp., and Siemens Healthineers AG among others.
The global medical imaging market is highly competitive. The key vendors offer a broad range of products; have substantial financial, manufacturing, sales, marketing, and distribution resources; make significant investments in R&D; and have strong geographical coverage. They are increasing their R&D investments to develop new products and improve their existing products. These vendors have significant geographical coverage, with strong relationships with end-users. They are focused on expanding their businesses internationally and are generating a significant volume of their net sales from their international operations. In April 2021, Carestream Dental LLC - launched CS 2400P, a portable generator.
Download our free sample report to get a brief understanding about various other vendors and the vendors' strategies.
Key Market Drivers
Our analysts have extensively outlined the information on the key market drivers and their impact on the medical imaging market.
- Increasing prevalence of chronic conditions:
- The increasing prevalence of chronic conditions, such as cancer, cardiovascular diseases, and neurological diseases, is expected to increase the demand for diagnostic products, including medical imaging systems, and subsequently drive the growth of the global medical imaging market during the forecast period.
To know about a few other market drivers, trends, and challenges.
Download our free sample report
Related Reports:
- CT Scanners Market by Product and Geography - Forecast and Analysis 2021-2025: The CT scanners market share is expected to increase by USD 2.18 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.78%. Download Free Sample Report Now
- Electroretinograph Market by Product, Application, and Geography - Forecast and Analysis 2021-2025: The electroretinograph (ERG) market share is expected to increase by USD 16.33 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.95%. Download Free Sample Report
Medical Imaging Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.71% |
Market growth 2021-2025 |
USD 13.49 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.25 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
North America at 38% |
Key consumer countries |
US, Germany, Japan, France, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Canon Inc., Carestream Dental LLC, FUJIFILM Holdings Corp., General Electric Co., Hitachi Ltd., Hologic Inc., Koninklijke Philips NV, Samsung Electronics Co. Ltd., Shimadzu Corp., and Siemens Healthineers AG |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article