Global (China, EU,Japan,India) Diagnostic Imaging Market 2016: Volume, Share,Growth, Analysis and Forecast to 2020

Diagnostic Imaging Global Market  

Diagnostic imaging is being identified as one of the matured markets among the healthcare sector. Advances in diagnostic imaging technology have redefined how physicians diagnose and treat some of the most life threatening diseases such as cancer and heart disease and they have nearly eliminated the need for exploratory surgery. Imaging techniques would be therefore enabling us to diagnose, treat and cure patients without causing any harmful side effects. The different diagnostic imaging modalities include X-ray systems, Computed Tomography (CT) Scanners, Magnetic Resonance Imaging (MRI) systems, Ultrasound systems and Nuclear imaging systems.

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The global diagnostic imaging market is valued at $23,282 million in 2013 and is expected to grow at a CAGR of 5.1% to reach $33,188 million by 2020. 

There are many factors involved in driving the growth of the diagnostic imaging market such as emerging applications in diagnostic procedures, high prevalence of the diseases, ongoing research activities all over the world and most important thing, awareness in people about the use of early disease diagnosis. On the other hand the high cost of the diagnostic imaging systems, risk of the radiation exposure, shortage of helium for MRI systems, poor healthcare insurance coverage particularly for the diagnostic procedures are restricting the market growth.

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North America holds the largest share in the global diagnostic imaging market, followed by Europe. However, the Asia-Pacific market is expected to grow at the fastest CAGR in the coming five years. The Asian and Latin American countries represent the fastest growing markets due to increasing government support for research and rising industry and academic partnerships for research activities. But still the factors like economic slowdown, pricing pressures may compel the companies to focus on Asian markets.

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Table Of Conetents

1 EXECUTIVE SUMMARY 23
2 INTRODUCTION 30
2.1 KEY TAKE AWAYS 30
2.2 REPORT DESCRIPTION 31
2.3 MARKETS COVERED 32
2.4 STAKEHOLDERS 35
2.5 RESEARCH METHODOLOGY 35
2.5.1 MARKET SIZE ESTIMATION 37
2.5.2 MARKET BREAKDOWN AND DATATRIANGULATION 39
2.5.3 SECONDARY SOURCES 40
2.5.4 PRIMARY SOURCES 41
2.5.5 KEY DATA POINTS FROM SECONDARY SOURCES 41
2.5.6 KEY DATA POINTS FROM PRIMARY SOURCES 42
2.5.7 ASSUMPTIONS 42
3 MARKET ANALYSIS 44
3.1 INTRODUCTION 44
3.2 MARKET SEGMENTATION 45
3.3 FACTORS INFLUENCING MARKET 46
3.3.1 DRIVERS AND OPPORTUNITIES 47
3.3.1.1 Increasing incidence of life threatening diseases with growth of aged cohort 47
3.3.1.2 Growing awareness among people about early disease diagnosis and improving
healthcare expenditure in emerging markets 47
3.3.1.3 Increasing investments by government as well as private bodies in mature and
emerging markets to modernize diagnostic imaging 48
3.3.1.4 Increasing number of private diagnostic centers offering diagnostic imaging services 48
3.3.1.5 High number of ongoing research activities across the globe 49
3.3.1.6 Increasing application of diagnostic imaging systems 49
3.3.1.7 Technological advancements in diagnostic imaging modalities with its use in
multiple fields to increase its adoption by hospitals 50
3.3.1.8 Improving healthcare infrastructure in emerging market 50
3.3.1.9 Extenuating the alleged risks associated with diagnostic imaging and implementing sustainable practices 51
3.3.1.10 Dedicated R&D and product development by key players 51

Continued…

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Posted by on Thursday December 22 2016, 1:17 AM EDT. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0

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