Medical
Digital Imaging Devices Market Research Report Information by Type (X-Ray,
Ultrasound, Nuclear Imaging, MRI), Technology (2D, B/Color, 3D/4D), End User
(Hospitals, Clinics, Diagnostic Centers and others) and Region - Forecast till
2024
Market Highlights
The Global Medical Digital Imaging Devices Market held a market value of USD 12.9 Billion in 2017
and is Projected to grow at a CAGR of 7.1% over the forecast period. Medical
digital imaging devices are digital devices that are used to image the body to
obtain a correct diagnosis and determine future care.
Segmentation
The Global Medical Digital
Imaging Devices Market has been segmented into component, deployment model,
functionality, and end user.
By type, the market has been
segmented into x-ray, computed tomography, ultrasound, MRI, and nuclear imaging.
The x-ray segment is expected to register the highest CAGR during the forecast
period due to technological advancements.
On the basis of technology, the
market has been segmented into 2D, B/W, Color, and 3D/4D.
The market, by end user, has been
segmented into hospitals and clinics, diagnostic centers, and others.
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Key Players
Some of the prominent
players in the global medical digital imaging devices market are Koninklijke Philips N.V., GE Healthcare,
Siemens Healthineers, Esaote SPA, Canon Medical Systems Corporation, Hologic,
Hitachi, and Shimadzu.
Regional Analysis
On a regional basis, the Americas
is anticipated to dominate the global medical digital imaging devices market
owing to the owing to increasing geriatric population, high prevalence of
various chronic diseases, and a large number of diagnostic imaging centers.
Additionally, fast adoption of technologically advanced imaging systems and
increasing awareness of the benefits of early diagnosis of diseases is driving
the growth of the market.
Europe accounts for the second
largest market and holds a healthy share in the global medical digital imaging
devices market due to major driving factors like availability of advanced
treatment facilities, increasing healthcare expenditure, and flourishing
medical device industry due to the presence of major market players.
Asia-Pacific is expected to be
the fastest growing market, owing to the huge patient pool, a faster adaptation
of healthcare technology, government initiatives to increase the healthcare
quality, and availability of favorable insurance policies.
The Middle East & Africa is
expected to show the least growth in the market due to some major factors such
as lack of awareness, limited access and availability of treatment facilities.
In the Middle East, the United Arab Emirates and Saudi Arabia is the largest
market share owing to the development of the healthcare industry and the rising
availability of specialty care centers.