The Global Medical Digital Imaging Systems Market is forecasted to reach USD 29.97 Billion by 2027, according to a new report by Reports and Data. Advancements in digital imaging technology are expected to drive the market growth in the forecast period. Digital radiography is substituting the analog aspects of both the mammography and X-ray imaging systems, as they perform faster scanning of the human body while delivering enhanced image quality. Furthermore, substitutes for breast MRIs, including positron emission mammography and breast specific gamma imaging, are innovative technologies that provide choices to patients who are unable to undergo a breast MRI. Also, higher field MRI systems are substituting low field systems owing to the improved image quality, and 3-D and 4-D digital obstetric ultrasounds will carry on to substitute traditional ultrasounds.
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The COVID-19 impact:
The prevailing COVID-19 pandemic highlights the significance of an attentive utilization of human and financial resources, which are vital in healthcare. It is important to ascertain the ability of specialized professionals and surgeons to function through the pandemic. A conscious effort is required for minimizing the spread of infection, and a high mortality rate across the globe would be detrimental. All suspected or known COVID-19-positive patients needing medical intervention must be treated as positive and proper diagnosis should be carried out to reduce the spreading of infection. Medical digital imaging systems like x-ray systems, would play a significant role in the identification of lung diseases, which may be owing to COID-19.
Further key findings from the report suggest
- Magnetic resonance imaging (MRI) contributed to a significant market share in 2019. MRI does not include exposure to radiation and hence is safe for people who might be specifically susceptible to the effects of radiation, for instance, pregnant women and babies. MRIs are very useful for viewing soft tissue structures, comprising cartilage and ligaments, and organs like the eyes, heart, and brain.
- Oncology is the leading application area of nuclear digital imaging systems. Detection of cancer at an early stage significantly increases the chances for survival. Creating awareness to encourage early diagnosis and screening are the crucial steps responsible for early detection of breast cancer.
- Hospitals held the largest market share in 2019. The factors including well-resourced operating & diagnostic rooms, higher purchasing power, the existence of highly skilled healthcare/medical professionals, and improved health coverage for hospital-based healthcare services from several private and group insurance plans, among others, are responsible for the high market share of hospitals.
- The medical digital imaging systems market in North America contributed to the largest share in 2019. The market dominance is owing to the higher acceptance of advanced technologies, rising incidence of chronic diseases, well-established healthcare facilities, and the presence of leading market players in the region.
- Key participants include Siemens Healthineers, Canon Medical System Corporation, Hitachi, GE Healthcare, Esaote SPA, Shimadzu Corporation, Koninklijke Philips NV, Fujifilm Holdings Corporation, Toshiba Medical Systems Inc., and Samsung Electronics Co. Ltd., among others.
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For the purpose of this report, Reports and Data has segmented into the global medical digital imaging systems market on the basis of product type, application, end-user, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Computed Tomography (CT)
- Ultrasound
- X-ray
- Nuclear Imaging
- Magnetic Resonance Imaging (MRI)
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
- Cardiology
- Neurology
- Orthopedics
- Oncology
- Gastroenterology
- Gynecology
- Others
End-User Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals and Clinics
- Diagnostic Centers
- Others
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Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- S
- Canada
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- Latin America
- Brazil
- Rest of LATAM
Table of contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Medical Digital Imaging Systems Market Segmentation & Impact Analysis
4.1. Medical Digital Imaging Systems Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing prevalence of diseases
4.2.2.2. Advancement in the medical imaging technology
4.2.2.3. Rising demand for diagnosis at an early stage
4.2.2.4. Growing geriatric population
4.2.3. Market restraints analysis
4.2.3.1. Cost prohibitive imaging systems
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence
Chapter 5. Medical Digital Imaging Systems Market By Product Type Insights & Trends
5.1. Product Type Dynamics & Market Share, 2019 & 2027
5.2. Computed Tomography (CT)
5.2.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.2.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
5.3. Ultrasound
5.3.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.3.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
5.4. X-Ray
5.4.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.4.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
5.5. Nuclear Imaging
5.5.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.5.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
5.6. Magnetic Resonance Imaging (MRI)
5.6.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.6.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
5.7. Others
5.7.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.7.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
Chapter 6. Medical Digital Imaging Systems Market By Application Insights & Trends
Continued…..
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