Market of Diagnostic Imaging is Expected to Reach $36.43 Billion by 2021 at a CAGR of 6.6%


According to latest market research report "Diagnostic Imaging Market Size & Share by Product (X-ray Imaging (Digital, Analog), MRI (Closed, Open), Ultrasound, CT, Nuclear Imaging (SPECT, Hybrid PET)), Application (OB/GYN, MSK, Cardiology, Oncology), End User (Hospitals, Imaging Centers) - Global Forecast to 2021", the overall market report analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and the Rest of the world (RoW).



[245 Pages Report] The overall Diagnostic Imaging Market is expected to reach $36.43 billion by 2021 from $26.53 billion in 2016, at a CAGR of 6.6%. Factors such as increasing incidence and prevalence of chronic diseases across the globe, technological advancements in the imaging systems, growing government investments for modernization of imaging facilities, and the rising number of diagnostic imaging centers are driving the market growth of diagnostic imaging. However, the high cost of diagnostic imaging systems, technological limitations associated with standalone systems, unfavorable healthcare reforms in the U.S., and shortage of helium are the key factors limiting the growth of the market.

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Scope of the Report
This report categorizes the global market size diagnostic imaging into the following segments and subsegments:
By Product
  • X-ray Imaging Systems
    • By Technology
      • X-ray Digital Imaging Systems
        • Computed Radiography
        • Direct Radiography
      • X-ray Analog Imaging Systems
    • By Portability
      • Stationary X-ray Devices
      • Portable X-ray Devices
  • Computed Tomography (CT) Scanners
    • High-slice CT Scanners
    • Mid-slice CT Scanners
    • Low-slice CT Scanners
  • Ultrasound Systems
    • By Technology
      • 2D Imaging
      • 3D and 4D Imaging
      • Doppler Imaging
    • By Portability
      • Trolley/Cart-based Ultrasound Systems
      • Compact/Portable Ultrasound Systems
  • Magnetic Resonance Imaging (MRI) Systems
    • By Architecture
      • Closed MRI Systems
      • Open MRI Systems
    • By Field Strength
      • High- & Very-high-field MRI Systems
      • Low-to-mid-field MRI Systems
      • Ultra-high-field MRI Systems
  • Nuclear Imaging Systems [Single-photon Emission Computed Tomography (SPECT) and Photon Emission Tomography (PET) Systems]
    • SPECT Market
      • Standalone SPECT System
      • Hybrid SPECT System
    • Hybrid PET Market
By Application
  • X-ray Imaging Systems
    • General Radiography Applications
    • Dental Applications
    • Mammography Applications
  • MRI Systems
    • Brain & Neurological MRI
    • Spine & Musculoskeletal MRI
    • Vascular MRI
    • Pelvic & Abdominal MRI
    • Breast MRI
    • Cardiac MRI
  • Ultrasound Systems
    • Radiology/General Imaging
    • Cardiac
    • Obstetrics/Gynecology (OB/GYN)
    • Urological
    • Vascular
    • Other Applications
  • CT Scanners
    • Cardiology
    • Oncology
    • Neurology
    • Other Applications
  • Nuclear Imaging Systems
    • Cardiology
    • Oncology
    • Neurology
    • Other Applications
By End User
  • Hospitals
  • Diagnostic Imaging Centers
  • Others
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • Rest of the World (RoW)
    • Latin America
    • Middle East
    • Africa
Geographically, North America is expected to hold the largest share of the market in 2016, followed by Europe. However, the Asia-Pacific market is expected to register the highest CAGR during the forecast period. Factors such as increasing incidence of chronic diseases, rising awareness of the benefits of early disease diagnosis, development of new healthcare facilities, growing medical tourism in APAC countries, and increasing government initiatives for the modernization of healthcare infrastructure are driving the growth of the market in the Asia-Pacific region.
As of 2015, major players in the market of diagnostic imaging include GE Healthcare (U.S.), Siemens Healthcare GmBH (Germany), Koninklijke Philips N.V. (The Netherlands), Toshiba Medical Systems Corporation (Japan), Hitachi Ltd. (Japan), Carestream Health, Inc. (U.S.), Esaote S.p.A (Italy), Hologic, Inc. (U.S.), Fujifilm Corporation (Japan), Samsung Medison (South Korea), and Shimadzu Corporation (Japan).
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