Medical Imaging Equipment Service Market Report: Trends, Forecast and Competitive Analysis to 2030

Medical Imaging Equipment Service Trends and Forecast

The future of the global medical imaging equipment service market looks promising with opportunities in the hospital and diagnostic center markets. The global medical imaging equipment service market is expected to reach an estimated $48.77 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are growing number of hospitals across the globe, growing incidence of lifestyle- related diseases, and rising demand for early detection tools.

A more than 150-page report is developed to help in your business decisions.

Medical Imaging Equipment Service by Segment

The study includes a forecast for the global medical imaging equipment service by modality, service type, end use, and region.

Medical Imaging Equipment Service Market by Modality [Shipment Analysis by Value from 2018 to 2030]:

• Computed Tomography (CT)
• Magnetic Resonance Imaging (MRI)
• Ultrasound
• X-Ray
• Others

Medical Imaging Equipment Service Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:

• Equipment Removal And Relocation
• Equipment Repair And Maintenance
• Refurbished Systems
• Technical Training
• Software Upgrades

Medical Imaging Equipment Service Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospital
• Diagnostic Centers
• Others

Medical Imaging Equipment Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Medical Imaging Equipment Service Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medical imaging equipment service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the medical imaging equipment service companies profiled in this report include-

• Koninklijke Philips
• Hologic
• Shimadzu
• Althea
• Canon Medical Systems
• Agfa-Gevaert
• Hitachi

Medical Imaging Equipment Service Market Insights

Lucintel forecasts that ultrasound will remain the largest segment over the forecast period due to rapid development of advanced ultrasound transducers integrated for biomedical and cardiovascular imaging.

Within this market, hospital will remain the largest segment due to growing demand for advanced imaging modalities and the integration of surgical suits with imaging technologies.

North America will remain the largest over the forecast period due to growing number of patients with oncological and cardiovascular diease and presence of a large number of industry players in the region.

Features of the Global Medical Imaging Equipment Service Market

Market Size Estimates: Medical imaging equipment service market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Medical imaging equipment service market size by modality, service type, end use, and region in terms of value ($B).

Regional Analysis: Medical imaging equipment service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different modalities, service types, end uses, and regions for the medical imaging equipment service market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the medical imaging equipment service market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the medical imaging equipment service market size?

Answer: The global medical imaging equipment service market is expected to reach an estimated $48.77 billion by 2030.

Q.2 What is the growth forecast for medical imaging equipment service market?

Answer: The global medical imaging equipment service market is expected to grow with a CAGR of 4.6% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the medical imaging equipment service market?

Answer: The major drivers for this market are growing number of hospitals across the globe, growing incidence of lifestyle- related diseases, and rising demand for early detection tools.

Q4. What are the major segments for medical imaging equipment service market?

Answer: The future of the medical imaging equipment service market looks promising with opportunities in the hospital and diagnostic center markets.

Q5. Who are the key medical imaging equipment service market companies?

Answer: Some of the key medical imaging equipment service companies are as follows:

• Koninklijke Philips
• Hologic
• Shimadzu
• Althea
• Canon Medical Systems
• Agfa-Gevaert
• Hitachi

Q6. Which medical imaging equipment service market segment will be the largest in future?

Answer: Lucintel forecasts that ultrasound will remain the largest segment over the forecast period due to rapid development of advanced ultrasound transducers integrated for biomedical and cardiovascular imaging.

Q7. In medical imaging equipment service market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest over the forecast period due to growing number of patients with oncological and cardiovascular diease and presence of a large number of industry players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the medical imaging equipment service market by modality (computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, x-ray, and others), service type (equipment removal and relocation, equipment repair and maintenance, refurbished systems, technical training, and software upgrades), end use (hospital, diagnostic centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?