PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279643
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279643
Global Medical Imaging Equipment Services Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Medical imaging is the technique of creating pictures of a patient's internal organs for use in clinical research and medical intervention. This imaging process also helps in understanding the physiology of tissues or some organs. The interior structures covered by the bones or skin is seen with medical imaging, which helps with disease diagnosis and treatment. For medical purposes, imaging of removed tissues and organs is possible. Magnetic resonance imaging (MRI), X-ray radiography, ultrasound, elastography, endoscopy, medical photography, and tactile imaging are the main technologies used in medical imaging. The surge in number of hospitals, rising demand for surgeries, and rising emergence of independent medical imaging service providers in many developing countries are the primary factors that are attributing to the market growth across the globe.
Also, the increasing incidences of chronic diseases is acting as a key driving factor for the growth of the global market. Data from the World Health Organization (WHO) released in April 2021 indicated that chronic diseases causes the deaths of 41 million people annually, or 71% of all deaths worldwide. Additionally, over 17.9 million individuals each year die from chronic diseases related to cardiovascular diseases, followed by cancer (9.3 million), respiratory disorders (4.1 million), and diabetes (1.5 million). Thereby, increasing cases of chronic diseases is a fueling the need for early detection, which fuels the need for medical imaging equipment services. Furthermore, the rising technological advancements in medical imaging equipment services, as well as growing R&D funding are presenting various lucrative prospects for market growth over the forecasting period of 2022-2029. However, the high cost associated with medical imaging services and stringent framework stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Medical Imaging Equipment Services Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the presence of robust presence of healthcare facilities and the rise in installed base of innovative medical imaging technologies across the healthcare sector. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as growing emphasize on the early detection of diseases, rising incidences of chronic diseases, as well as the increasing number of hospitals in the regional market.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable