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health-views-updates · 8 months ago

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Medical Imaging Market: Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2031

The global medical imaging market has witnessed significant growth in recent years, and the trajectory seems poised for continued expansion. According to recent data, the market size was valued at USD 29.59 billion in 2023 and is projected to reach USD 43.06 billion by 2031, with a compound annual growth rate (CAGR) of 4.80% during the forecast period from 2024 to 2031. This remarkable growth can be attributed to various factors driving innovation, adoption, and demand within the medical imaging sector.

Emerging Trends and Opportunities

Advancements in Technology: The medical imaging field is witnessing rapid technological advancements, particularly in areas such as artificial intelligence (AI), machine learning, and deep learning algorithms. These technologies are enhancing the accuracy and efficiency of medical imaging diagnosis and interpretation, leading to improved patient outcomes and healthcare efficiency.

Point-of-Care Imaging: There's a growing trend towards point-of-care imaging solutions, which enable medical professionals to perform imaging procedures directly at the patient's bedside or in outpatient settings. This trend is driven by the need for faster diagnosis, reduced healthcare costs, and improved accessibility to imaging services, especially in remote or underserved areas.

Integration of Imaging Modalities: Healthcare providers are increasingly integrating multiple imaging modalities, such as MRI, CT scans, X-rays, and ultrasound, to obtain comprehensive diagnostic information. This trend is fueling demand for advanced imaging systems that offer multimodal imaging capabilities, facilitating more accurate diagnosis and treatment planning.

Teleimaging and Remote Monitoring: With the rise of telemedicine and remote patient monitoring, there's a growing demand for medical imaging solutions that support remote image acquisition, interpretation, and consultation. Teleimaging enables healthcare professionals to access imaging data remotely, collaborate with colleagues, and provide timely diagnosis and treatment recommendations, thereby improving patient care and outcomes.

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Key Drivers Propelling Growth

Increasing Prevalence of Chronic Diseases: The rising incidence of chronic diseases such as cancer, cardiovascular disorders, and neurological conditions is driving the demand for medical imaging services for early detection, diagnosis, and treatment monitoring.

Aging Population: The global aging population is driving the need for medical imaging services, as elderly individuals are more prone to age-related diseases and conditions that require diagnostic imaging for accurate assessment and management.

Technological Advancements: Continuous innovation in medical imaging technologies, such as higher resolution imaging, 3D and 4D imaging capabilities, and the development of portable and handheld imaging devices, is expanding the applications and utility of medical imaging across various medical specialties.

Increasing Healthcare Expenditure: Governments and healthcare organizations worldwide are investing heavily in healthcare infrastructure and technology, including medical imaging equipment and services, to meet the growing demand for healthcare services and improve patient outcomes.

Challenges and Considerations

High Cost of Equipment and Maintenance: The initial capital investment and ongoing maintenance costs associated with medical imaging equipment can be significant, particularly for advanced modalities such as MRI and CT scanners. This cost barrier may limit the adoption of medical imaging technology in certain regions or healthcare settings.

Data Security and Privacy Concerns: The digitization of medical imaging data raises concerns regarding data security, patient privacy, and compliance with regulatory requirements such as HIPAA. Healthcare providers and imaging vendors must implement robust data security measures and ensure compliance with data protection regulations to safeguard patient information.

Radiation Exposure: Ionizing radiation used in certain imaging modalities, such as X-rays and CT scans, poses potential health risks to patients, particularly with repeated exposure. Healthcare providers must balance the clinical benefits of medical imaging with the potential risks of radiation exposure and adopt appropriate dose reduction techniques to minimize patient radiation dose.

Interoperability and Standardization: Achieving seamless interoperability and standardization of medical imaging data across different imaging modalities, healthcare systems, and electronic health record (EHR) platforms remains a challenge. The lack of interoperability can hinder data sharing, care coordination, and decision-making, affecting the quality and efficiency of patient care.

Key Takeaways from the Market

The medical imaging market is poised for substantial growth driven by technological advancements, increasing healthcare expenditure, and the growing prevalence of chronic diseases. Emerging trends such as point-of-care imaging, teleimaging, and integration of imaging modalities present lucrative opportunities for market players to expand their product offerings and address unmet clinical needs.

However, challenges such as high equipment costs, data security concerns, radiation exposure risks, and interoperability issues require careful consideration and proactive measures from stakeholders to ensure sustainable growth and maximize the clinical and economic value of medical imaging technologies. Overall, the medical imaging market is characterized by dynamic innovation, evolving regulatory landscape, and shifting healthcare priorities, offering both opportunities and challenges for industry participants to navigate in the coming years.

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nmsc-market-pulse · 8 months ago

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Enhancing Patient Care: Impact of Medical Imaging Market Advancements

According to the study by Next Move Strategy Consulting, the global Medical Imaging Market size is predicted to reach USD 36.46 billion with a CAGR of 2.9% by 2030. This projection underscores the significant growth and evolution occurring within the medical imaging sector. As technology continues to advance at a rapid pace, the impact on patient care is becoming increasingly profound.

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Medical imaging has become an indispensable tool in modern healthcare, revolutionizing the diagnosis and treatment of various medical conditions. From X-rays and CT scans to MRI and ultrasound, these imaging modalities provide healthcare professionals with invaluable insights into the human body's inner workings. As the medical imaging market continues to evolve, driven by technological advancements and innovations, the impact on patient care is becoming increasingly evident.

Diagnostic Accuracy: A Key Pillar of Patient Care

One of the primary ways in which advancements in the medical imaging market are enhancing patient care is through improved diagnostic accuracy. With the introduction of cutting-edge imaging technologies and software algorithms, healthcare providers can now obtain clearer and more detailed images, allowing for more accurate diagnoses. For instance, the development of high-resolution MRI machines and advanced image reconstruction techniques has significantly improved the visualization of anatomical structures and pathological changes, enabling clinicians to detect abnormalities with greater precision.

Moreover, the integration of artificial intelligence (AI) and machine learning algorithms into medical imaging systems has further revolutionized diagnostic accuracy. These technologies enable healthcare providers to analyze large volumes of imaging data more efficiently and accurately, leading to faster diagnosis and treatment decisions. AI-powered imaging solutions can assist radiologists in detecting subtle abnormalities that may have been overlooked, thereby improving overall patient outcomes.

Reducing Radiation Exposure: Prioritizing Patient Safety

In addition to improving diagnostic accuracy, advancements in the medical imaging market have led to reduced radiation exposure for patients. Historically, concerns have been raised about the potential risks associated with frequent exposure to ionizing radiation from X-rays and CT scans. However, new imaging modalities and techniques have been developed to minimize radiation doses while still maintaining image quality, thus mitigating the potential risks.

For example, iterative reconstruction algorithms in CT imaging have been shown to reduce radiation doses by up to 50% without compromising image quality. Similarly, advancements in digital radiography and fluoroscopy systems have enabled healthcare providers to obtain high-quality images using lower radiation doses. This is particularly beneficial for vulnerable patient populations, such as children and pregnant women, who may be more susceptible to the harmful effects of radiation.

Enhanced Patient Comfort and Convenience

Advancements in the medical imaging market have also resulted in enhanced patient comfort and convenience. Traditional imaging procedures often require patients to undergo scans in a clinical setting, which can be intimidating and stressful for some individuals. However, innovations such as portable imaging devices and remote monitoring technologies allow patients to undergo imaging procedures in a more comfortable and familiar environment, such as their homes or local clinics.

For instance, portable ultrasound devices enable healthcare providers to perform imaging studies at the point of care, eliminating the need for patients to travel to imaging centers or hospitals. Similarly, telemedicine platforms allow radiologists to remotely review imaging studies and provide real-time feedback to healthcare providers, reducing the need for in-person consultations and follow-up appointments. This not only improves patient comfort but also enhances access to care, particularly for underserved populations in rural or remote areas.

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The Role of Artificial Intelligence in Medical Imaging

Artificial intelligence (AI) has emerged as a transformative force in the field of medical imaging, offering unprecedented opportunities to improve patient care and clinical outcomes. AI algorithms can analyze large volumes of imaging data with speed and accuracy, enabling healthcare providers to make more informed decisions about diagnosis, treatment, and prognosis.

One area where AI has shown significant promise is in image interpretation and analysis. AI-powered algorithms can detect subtle abnormalities in medical images that may be missed by human observers, leading to earlier and more accurate diagnoses. For example, AI algorithms trained on large datasets of mammographic images have been shown to outperform radiologists in detecting breast cancer lesions.

Moreover, AI can assist radiologists in streamlining workflow and reducing interpretation times. By automating routine tasks such as image segmentation and measurement, AI algorithms can free up radiologists' time to focus on more complex cases and patient care. This not only improves efficiency but also helps to alleviate the growing burden on healthcare systems caused by increasing demand for imaging services.

Innovation Driving Patient-Centric Care

Innovation is at the heart of the medical imaging market, driving continuous improvements in technology, workflow, and patient outcomes. One area of innovation that holds great promise is the development of personalized imaging techniques tailored to individual patient characteristics and preferences.

For example, advances in cardiac imaging have led to the emergence of personalized imaging protocols that take into account factors such as patient age, sex, and comorbidities. By customizing imaging parameters and techniques to each patient's unique profile, healthcare providers can obtain more accurate diagnostic information while minimizing risks and optimizing outcomes.

Similarly, the integration of imaging and genomic data holds tremendous potential for advancing personalized medicine. By correlating imaging findings with genetic markers and biomarkers, healthcare providers can identify patients at increased risk of certain diseases and tailor treatment plans accordingly. This enables a more targeted approach to patient care, with interventions tailored to each individual's specific needs and circumstances.

Challenges and Opportunities Ahead

While the advancements in the medical imaging market have brought about significant improvements in patient care, they also present challenges that must be addressed. One such challenge is the increasing complexity and cost of imaging technologies, which can pose barriers to access for some patients and healthcare providers. Balancing the need for innovation with considerations of affordability and equity is essential to ensure that all patients benefit from the latest advances in medical imaging.

Moreover, the rapid pace of technological change in the medical imaging market requires healthcare providers to continuously update their skills and knowledge to keep pace with evolving practices and standards. Training programs and continuing education opportunities are essential to ensure that healthcare professionals remain competent and confident in their use of imaging technologies and interpretation of results.

Additionally, ethical considerations surrounding the use of AI in medical imaging, such as data privacy, transparency, and accountability, must be carefully addressed to maintain patient trust and confidence in the technology. Ensuring that AI algorithms are developed and deployed ethically and responsibly is essential to harnessing the full potential of these powerful tools while minimizing potential risks and harms.

Despite these challenges, the future of medical imaging holds immense promise for improving patient care and clinical outcomes. By embracing innovation, fostering collaboration between industry stakeholders, and prioritizing patient-centric approaches, the medical imaging market can continue to drive advancements that positively impact the lives of patients around the world.

Conclusion

The impact of advancements in the medical imaging market on patient care cannot be overstated. From improved diagnostic accuracy and reduced radiation exposure to enhanced patient comfort and convenience, these advancements are transforming the way healthcare is delivered.

By leveraging the latest imaging technologies and techniques, healthcare providers can ensure that patients receive the highest quality care possible, leading to better outcomes and improved quality of life. As the medical imaging market continues to evolve, healthcare organizations need to embrace innovation and prioritize patient-centric approaches to drive continuous improvement in patient care and clinical outcomes.

#medical imaging #market research #healthcare innovations

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mrfr-blogs · 9 months ago

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Evaluating Market Size and Growth Potential in Diagnostic Imaging Market

Market Overview –

The diagnostic imaging market is anticipated to reach USD 49.66 billion by 2032, growing at a CAGR of 4.7% over the forecast period 2023-2032.

The Diagnostic Imaging Market encompasses a wide range of medical imaging technologies used to visualize internal body structures and diagnose various medical conditions. These imaging modalities include X-ray, computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, and nuclear medicine techniques such as positron emission tomography (PET) and single-photon emission computed tomography (SPECT).

The diagnostic imaging market is thriving, propelled by advancements in medical imaging technologies. Medical imaging plays a crucial role in disease detection, diagnosis, and treatment planning. With continuous innovation, such as AI integration and portable imaging devices, the market is witnessing sustained growth, meeting the increasing demand for accurate and efficient diagnostic solutions.

In recent years, the diagnostic imaging market has experienced significant growth globally due to several factors. Firstly, there has been increasing demand for diagnostic imaging procedures driven by factors such as aging populations, rising prevalence of chronic diseases, and advancements in imaging technology. Key players in this market include medical device manufacturers, imaging equipment suppliers, healthcare providers, and research institutions, collaborating to develop and commercialize innovative imaging solutions.

Moreover, advancements in imaging technology have led to the development of new imaging modalities with improved resolution, speed, and diagnostic accuracy. These advancements enable earlier detection of diseases, more precise treatment planning, and better monitoring of treatment response, ultimately leading to improved patient outcomes.

Additionally, there is growing interest in personalized imaging approaches tailored to individual patient characteristics, such as genetic profiles, disease stage, and treatment history. Personalized imaging techniques enable healthcare providers to optimize imaging protocols and treatment strategies based on each patient's unique needs, enhancing the efficacy and safety of medical imaging procedures.

Overall, the diagnostic imaging market presents opportunities for growth and innovation as it continues to evolve with advancements in technology and increasing demand for diagnostic imaging services worldwide. Efforts to develop new imaging modalities, improve imaging quality, and expand access to imaging services are essential for advancing healthcare practices and improving patient care.

Market Segmentation –

The global diagnostic imaging market has been segmented on the basis of product, source, and application.

Based on product type, the market has been divided into x-ray equipment, ultrasound imaging systems, nuclear imaging systems, magnetic resonance imaging (MRI), computed tomography (CT) scanners, and other products

The market, by application, has been segmented into gynecology, oncology, orthopedics, cardiology, gastroenterology, neurology, and other applications

The end-user segment has been further divided into hospitals and clinics, diagnostic centers, research institutes, and others.

Regional Analysis –

Regional analysis of the diagnostic imaging market is essential for understanding the adoption, trends, and dynamics of imaging modalities across different geographic regions. Diagnostic imaging plays a crucial role in healthcare by enabling the visualization of internal body structures for diagnosis, monitoring, and treatment planning. Factors such as healthcare infrastructure, reimbursement policies, and prevalence of diseases influence the demand for various imaging technologies in each region.

Developed regions like North America and Europe often lead in the adoption of advanced imaging modalities such as MRI, CT scans, and PET scans due to well-established healthcare systems, high healthcare spending, and early adoption of innovative medical technologies. In contrast, emerging economies in Asia-Pacific and Latin America are witnessing increasing demand for diagnostic imaging, driven by factors such as rising healthcare expenditure, improving access to healthcare services, and growing prevalence of chronic diseases. Additionally, variations in regulatory frameworks and cultural attitudes towards healthcare impact market dynamics and adoption rates across regions.

Conducting a comprehensive regional analysis enables stakeholders to identify market opportunities, tailor their marketing strategies, and address region-specific challenges such as regulatory compliance and market access. By understanding regional nuances, companies can optimize their market penetration efforts and better serve the diagnostic imaging needs of healthcare providers and patients worldwide.

Key Players –

The Diagnostic imaging company profiles include Koninklijke Philips N.V., CANON MEDICAL SYSTEMS CORPORATION, Carestream Health, Esoate SpA, GE Healthcare, Toshiba Medical Systems Corporation, FUJIFILM Holdings Corporation, Siemens Healthcare Private Limited, Hitachi Medical Systems, Hologic Inc., and Shimadzu Corporation.

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#Diagnostic Imaging Market #Diagnostic Imaging Market Size #Diagnostic Imaging Market Share #Diagnostic Imaging Market Growth #Diagnostic Imaging Market Trends

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cmipooja · 1 year ago

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Global Veterinary Diagnostic Imaging Market Is Estimated To Witness High Growth Owing To Technological Advancements

The global Veterinary Diagnostic Imaging Market is estimated to be valued at US$ 900.4 Mn in 2022 and is expected to exhibit a CAGR of 7.32% over the forecast period, as highlighted in a new report published by Coherent Market Insights. Market Overview: Veterinary diagnostic imaging involves the use of various imaging modalities to diagnose diseases in animals. These imaging techniques include X-ray, ultrasound, CT scan, MRI, and others. These tools provide clear and detailed images of internal organs, bones, and tissues, enabling veterinarians to make accurate diagnoses and provide effective treatments. The use of veterinary diagnostic imaging has several advantages, including non-invasive procedures, early detection of diseases, and improved treatment planning. The growing need for accurate and timely diagnosis of animal diseases is driving the demand for veterinary diagnostic imaging products. Market Key Trends: One key trend in the global Veterinary Diagnostic Imaging Market is technological advancements in imaging modalities. With advancements in imaging technology, veterinary practitioners can now obtain higher resolution images in a shorter time. For example, the introduction of digital radiography allows veterinarians to capture high-quality images with reduced radiation exposure for animals. Furthermore, developments in ultrasound technology have resulted in portable devices with improved image quality and capabilities. These technological advancements are enhancing the accuracy and efficiency of veterinary diagnostic imaging, leading to better clinical outcomes. PEST Analysis: Political: The veterinary diagnostic imaging market is influenced by government regulations related to animal healthcare and diagnostics. For instance, the FDA regulates the use of imaging modalities in veterinary medicine to ensure patient safety and effectiveness. Economic: The rising pet ownership and increasing expenditure on pet healthcare are driving the growth of the veterinary diagnostic imaging market. The strong economic growth in emerging markets is also contributing to market expansion. Social: The growing awareness about animal welfare and the rising demand for pet insurance are positively impacting the veterinary diagnostic imaging market. Moreover, the increasing prevalence of zoonotic diseases is driving the need for accurate and timely diagnosis in animals. Technological: Technological advancements in imaging modalities, such as digital radiography and ultrasound, are revolutionizing veterinary diagnostic imaging. These advancements are improving image quality, reducing radiation exposure, and increasing the speed of diagnosis. Key Takeaways: 1: The Global Veterinary Diagnostic Imaging Market Size is expected to witness high growth, exhibiting a CAGR of 7.32% over the forecast period, due to increasing pet ownership and the rising demand for accurate and timely diagnosis in animals. Technological advancements in imaging modalities are also driving market growth. 2: North America is expected to dominate the Veterinary Diagnostic Imaging Market due to the high prevalence of pet ownership and well-established veterinary care infrastructure. Asia Pacific is projected to be the fastest-growing region, driven by increasing disposable income and growing awareness about animal health. 3: Key players operating in the global Veterinary Diagnostic Imaging Market include Esaote SPA, Epica Animal Health, IDEXX Laboratories, Carestream Health, IMV Imaging, Fujifilm Holdings Corp., Hallmarq Veterinary Imaging, and Canon Medical Systems Corporation. These players are focusing on product innovation and strategic collaborations to gain a competitive edge in the market.

#Veterinary Diagnostic Imaging Market #Veterinary Diagnostic Imaging Market Insights #Veterinary Diagnostic Imaging Market Forecast #Veterinary Diagnostic Imaging Market Values #Veterinary Diagnostic Imaging Market Trends #magnetic resonance imaging #computed tomography #ultrasound #medical conditions

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delvenservices · 1 year ago

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Diagnostic Imaging Services Market Overview & Outlook Report

Diagnostic Imaging Services Market, By Procedure (Computed Tomography, MRI, and X-ray), By Application (Neurology, Oncology, and Cardiology), By Service Provider (Diagnostic Centres, Hospitals, Ambulatory Surgical Centers, and Others), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Market Overview

The global Diagnostic Imaging Services market size was estimated at USD 610 billion in 2023 and is projected to reach USD 872.7 billion in 2030 at a CAGR of 5.25% during the forecast period 2023-2030.

Diagnostic imaging is an important part of many healthcare sectors around the world. Imaging services are used to diagnose and treat many chronic and infectious diseases. Diagnostic imaging services include diagnosing and creating images of different body parts to better understand a patient's condition. CT scans, X-rays, MRIs, ultrasounds and endoscopy are just a few of the diagnostic imaging services available. The visual representation of a detailed representation of human body parts greatly improved overall care and success rates. As a result, the diagnostic imaging services market will grow at a faster rate during the forecast period, as public awareness about the importance of early detection of health problems increases.

The growth of the Diagnostic Imaging Services market is steadily increasing as the geriatric population grows each year. Elderly people are two to three times more likely to undergo diagnostic imaging than younger people. Diagnostic imaging is crucial for detecting life-threatening diseases such as cancer. In addition, diagnostic imaging can detect life-threatening infectious diseases, such as the newly discovered corona virus. New models of treatment and diagnosis are being developed to obtain accurate results, facilitate the detection of diseases and reduce the cost of treating these diseases. People's opportunities to use imaging techniques for early disease detection increased as disposable incomes increased.

On the other hand, high cost of diagnostic imaging equipment may hamper the market growth to some extent.

The COVID-19 pandemic has affected the diagnostic imaging market worldwide, both positively and negatively. One of the most serious consequences was that hospitals and imaging centers reduced the number of procedures performed. In addition, due to the COVID-19 epidemic, the estimated cost of these procedures has increased since 2020. In the past, however, this decrease has had a short-term negative impact on the imaging service market. The long-term fundamentals that influence the demand for diagnostic equipment in the market will change little or not at all. These factors reduced the number of procedures performed worldwide, resulting in negative growth in diagnostic imaging services.

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Delvens Industry Expert's Standpoint

The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. The proliferation of diagnostic imaging is driving the global market for diagnostic imaging services. CT scanning is a widely used method in the diagnosis of various chronic diseases. The integration of advanced technologies in medical imaging greatly increases the efficiency of diagnosis. The most important technologies are artificial intelligence (AI), 3D imaging, portable diagnostic devices and remote reading solutions. Al in diagnostic imaging helps speed up scanning and provides life-changing insights into various diseases. The combined capabilities of hardware miniaturization, Al, and computer vision enabled the diagnostic image to move. Companies operating in the global diagnostic imaging services market are focusing on reducing diagnostic costs to increase their market share. These factors have led to the expansion of the market and increased demand for Diagnostic Imaging Services solutions.

Key Findings

The Procedure segment is further fragmented into Computed Tomography, MRI, and X-ray. The X-ray segment is expected to account for a larger market size during the forecast period. Diagnostic X-rays are one of the imaging techniques most commonly used by radiologists to detect fractures, infections, the severity of injuries and abnormal bone growth. Such increasing use of imaging and low costs are contributing to the growth of the segment. The computed tomography segment is expected to be the fastest growing segment during the forecast period. This imaging method has the greatest advantage because it allows simultaneous detailed imaging of bones, blood vessels and soft tissues. In addition, this service is more efficient than other options and available at a reasonable price.

The Application segment is further bifurcated into neurology, oncology, and cardiology. The neurology segment is the largest market during the forecast period. Governments and non-governmental organizations are investing heavily in the development of diagnostic and therapeutic methods for the treatment of neurological diseases as they become more common worldwide. They are also increasing funding and awareness programs for various neurological diseases, which can boost market growth. Oncology segment is the fastest growing segment during the forecast period 2022-2030. The increasing incidence of cancer and the growing need for early detection can help treat cancer before it becomes life-threatening.

The Service Provider segment is further bifurcated Diagnostic Centres, Hospitals, Ambulatory Surgical Centers, and Others Hospitals to account for a larger market size during the forecast period. The availability of multiple imaging modalities at a single facility, reimbursement policies for imaging procedures, and increasing prevalence of various diseases such as cancer and heart disease are also expected to influence the overall market growth.

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period. In North America, the development of various technologies for improving diagnostic imaging services is expected to boost the market growth.

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Regional Analysis

North America to Dominate the Market

North America is estimated to account for the largest market share during the forecast period. In North America, the development of various technologies for improving diagnostic imaging services is expected to boost the market growth.

Moreover, the growing prevalence of cardiovascular diseases and cancer will increase the demand in the region.

Competitive Landscape

Affidea

Akumin Inc.

Alliance Medical

Apex Radiology

Browns Medical Imaging (BMI)

Canon Medical Systems Corporation

Capitol Imaging Services

Concord Medical Services Holdings Limited

Dignity Health

Esaote SpA

FUJIFILM Holdings Corporation

GE Healthcare

Healius Limited

Hologic, Inc.

I-MED Radiology Network

InHealth Group

Koning Corporation

Koninklijke Philips N.V.,

Mindray

Mindray Medical International Limited

Novant Health

RadNet, Inc.

RAYUS Radiology

Samsung Electronics Co. Ltd

Shimadzu Medical

Siemens Healthineers

SimonMed

Sonic Healthcare

Unilabs

Recent Developments

In July, 2022, Canon Medical launched the Vantage Fortain MRI System at ECR 2022, This MRI system features innovative workflow solutions, image enhancements and accelerated scan technology, which together contributes to reducing the time required for MRI procedures.

In April, 2022, Wipro GE Healthcare launched the next-generation Revolution Aspire CT scanner. Revolution Aspire is an advanced imaging solution designed and manufactured end-to-end in India.

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Reasons to Acquire

Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.

Gain authentic and granular data access for the Diagnostic Imaging Services Market to understand the trends and the factors involved in changing market situations.

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Report Scope

The Diagnostic Imaging Services Market is segmented into various segments such as procedure, application, service provider, technology and region:

Based on Procedure

Computed Tomography

MRI

X-ray

Ultrasound

Nuclear Imaging

Mammography

Based on the Application

Neurology

Oncology

Cardiology

Based on the Service Provider

Diagnostic Centres

Hospitals

Ambulatory Surgical Centers

Others

Based on Technology

2D Imaging Technology

3D/4D Imaging Technology

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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avinashdell · 5 years ago

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Portable X-Ray and CT Scan Devices Market Report | Grand View Research

The global portable CT scan and X-ray device market are expected to reach USD 8.41 billion by 2020. Increasing demand for home healthcare, bedside imaging, and growing use of CT scan to assess the accuracy of medical implants, post interventional medical procedures and anatomical confirmation are key factors driving industry growth.

Rising prevalence of diseases such as cancer, cardiovascular, dental and orthopedic disorder will also augment the growth of the market. Also, an increase in the number of medical implants surgeries owing to unhealthy lifestyle as well as growing base of geriatric population is expected to bolster demand.

The portable X-ray device were dominated by mobile X-ray machines on account of rising demand for core diagnostic and bedside imaging. These device also eliminate the requirement for multiple radiology departments in a healthcare institution, thus promoting industry growth. The handheld X-Ray device market is poised to experience substantial growth over the forecast period owing to high maneuverability and the introduction of products such as NOMAD Pro.

Portable CT scan device market was dominated by the medium slice scanners due to high image resolution capabilities and high usage rates. Medium slice scanner accounted for over 58% of portable CT scan by technology in 2013. Digital radiography, owing to increasing demand for manufacturing filmless X-ray and PACS based radiology device, is identified as the fastest growing technology among the overall market.

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North America is expected to dominate the market demand for these device over the forecast period owing to high expenditure on healthcare, reimbursement framework and sophisticated healthcare infrastructure. However, Asia Pacific is expected to witness the fastest growth, growing at a CAGR of more than 9% owing to improving healthcare infrastructure particularly in emerging economies such as China and India. In addition, the advent of technologically advanced and economical products catering to cost sensitive clientele in the region will fuel the growth of the market.

Supportive government regulations in Asia Pacific promoting manufacturing in the region is expected to drive demand for portable medical machines. Furthermore, low labor cost coupled with abundant tier I companies is projected to propel portable medical machines manufacturing in the region. As a result, product cost is likely to decrease over the forecast period owing to technological advancements which in turn is expected to drive demand, particularly in the emerging economies.

Philips Healthcare was the dominant player in the portable X-ray machines market with a market share of over 17% in 2013. Philips possessed an extensive product portfolio ranging from stationary X-ray systems to digital and portable X-ray systems. Some of the other key players in the industry are Hitachi Medical Systems and Varian Medical Systems, GE Healthcare, and Siemens Healthcare.

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#portable X-Ray and CT scan devices market size portable X-Ray and CT scan devices market analysis

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neha24blog · 4 years ago

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Portable X-ray and CT Scan Devices Market Size To Hit USD 8.41 Billion By 2020: Grand View Research Inc.

San Francisco, 31 Dec 2020: The Report Portable X-Ray and CT Scan Devices Market Analysis By Product (X-Ray Devices, Mobile X-Ray Devices, Handheld X-Ray Devices, CT Scan Devices), By Technology, By Region, And Segment Forecasts, 2014 – 2020 The global portable CT scan and X-ray device market are expected to reach USD 8.41 billion by 2020. Increasing demand for home healthcare, bedside imaging,…

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#Portable X-ray and CT Scan Devices Industry #Portable X-ray and CT Scan Devices Market #Portable X-ray and CT Scan Devices Market Revenue #Portable X-ray and CT Scan Devices Market Share #Portable X-ray and CT Scan Devices Market Size

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techsciresearch · 4 years ago

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CT Scanners Market to grow at a 5.67% CAGR through 2026 | TechSci Research

Growing prevalence of chronic diseases to drive the growth of Global CT Scanners Market in the upcoming five years, 2022-2026.

According to TechSci Research report, “Global CT Scanners Market By Slice (8-slice, 16-slice, 32-slice, 64-slice, 128-slice & above), By Modality (Fixed v/s Mobile), By Device Architecture (O-arm v/s C-arm), By Application (Cardiology, Oncology, Neurology, Others), By End Users (Hospitals, Diagnostic Centers, Others), By Region, Competition Forecast & Opportunities, 2026”, the global CT scanners market was valued at around USD7.25 billion in 2020 and is anticipated to grow at an impressive rate of 5.67% in the forecast period 2022-2026. This can be attributed to the rising awareness and demand for early diagnosis of chronic diseases which can help in better management and treatment of diseases. Moreover, the doctors prefer lesser invasive diagnostic procedures, like body scans to identify the ailment, which thereby leads to increased demand for CT scanners among end users. The global CT scanners market is bound to grow exponentially in the forecast years owing to these reasons. Due to the onset of COVID-19 and imposition of complete lockdown to mitigate the coronavirus, there has been shutdown of many manufacturing units and disruption in the supply chain, which resulted in interrupted production and lesser supply of CT scanners all around the globe. However, CT scanners market was not drastically affected by the pandemic. This is due to drastic increase in demand for effective management. and treatment, as they were shown to be effective in diagnosis of COVID-19.

Browse over 163 market data Figures spread through 110 Pages and an in-depth TOC on " Global CT Scanners Market"

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Global CT scanners market is segmented by slice, modality, device architecture, application, end users, and regional distribution. Based on slice, the market is segmented into 8-slice, 16-slice, 32-slice, 64-slice, 128-slice & above. Among these 128-slice and above is expected to grow at fastest rate with CAGR of 6.96% in the forecast period. The reason for this could be its wide application in different diseases. The 128- slice is advanced technology and has broad range of application. Additionally, 128-slice CT scan technology provides extraordinary image quality and faster scanning speed than the lower slice predecessors. Moreover, higher slices mean less space between the slices and therefore a reduction in chance of missing something necessary for diagnosis. Siemens Healthineers AG has introduced SOMATOM Definition AS CT scanner, which comes with adaptive dose shield that enables the system to adjust radiation exposure levels to serve patients of different needs and ages.

On the basis of application, the CT scanners market is segmented into cardiology, oncology, neurology, and others. Cardiology segment is expected to dominate the market with 41.24% market share by 2026. This can be ascribed to the rising number of cardiovascular diseases and requirement of early diagnosis of diseases. As per World Heart Federation, cardiovascular diseases are leading cause of death across the globe. Moreover, 31% deaths across the globe are due to cardiovascular diseases, which can attributed to the change in lifestyle and increasing rate of obesity among people.

Some of the major competitors in the market are Siemens Healthineers AG, GE Healthcare, Koninklijke Philips N.V., Canon Medical Systems Corporation, Medtronic, Plc., Shimadzu Corporation, Accuray Incorporated, Hitachi Medical Corporation, Samsung Medison Co., Ltd., Carestream Health, Inc., Planmed Oy, Koning Corporation, Pointnix Co., Ltd., AB-CT - Advanced Breast-CT GmbH, Brainlab AG, among others. The companies are focusing on extensive research and development activities to stay competitive in the market. Other competitive strategies include formation of alliances and partnerships. In 2017, GE Healthcare introduced an advanced dedicated cardiovascular CT scan system, namely, CardioGraphe which creates 3D images of coronaries, valves, chambers and myocardium in one heartbeat. In January 2020, Allengers Medical Systems Limited launched the first made in India 32-slice CT scanner in collaboration with Canon Medical Systems.

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“CT scanners are now commercialized and that is anticipated to boost the growth of market for O-arm CT scanners in upcoming years. Moreover, wide range applications of the O-arm CT scanners, makes them a promising sector for investments. Increasing cases of different chronic disease and increasing geriatric population is expected to drive the market. Additionally, patient inclination toward early diagnosis, which helps in better management of disease is expected to fuel the market growth during forecast period. Regionally, Asia Pacific is expected to be the highest growing market through 2026. Many new investors may invest in due to high demand in region,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

“Global CT Scanners Market By Slice (8-slice, 16-slice, 32-slice, 64-slice, 128-slice & above), By Modality (Fixed v/s Mobile), By Device Architecture (O-arm v/s C-arm), By Application (Cardiology, Oncology, Neurology, Others), By End Users (Hospitals, Diagnostic Centers, Others), By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of Global CT Scanners Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global CT Scanners Market.

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https://www.techsciresearch.com/report/united-states-diagnostic-imaging-market/4948.html

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techscimarketresearch · 4 years ago

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CT Scanners Market to grow at a 5.67% CAGR through 2026 | TechSci Research

Growing prevalence of chronic diseases to drive the growth of Global CT Scanners Market in the upcoming five years, 2022-2026.

Browse over 163 market data Figures spread through 110 Pages and an in-depth TOC on " Global CT Scanners Market"

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strategyr-blog · 6 years ago

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Portable Ultrasound Revolution Comes as a Shot in the Arm for the Global Medical Ultrasound Equipment Market

Expanding clinical utility, technology advancements, and increasing affordability of handheld, point of care ultrasound systems are poised to drive the global market for Medical Ultrasound Equipment to reach US$8.8 billion by 2024.

Medical ultrasound, also known as sonography or ultrasonography is a diagnostic imaging technique involving the use of high frequency sound waves to view the organs and structures inside the body. The modality is today considered one of the most widely used medical imaging techniques worldwide for diagnosing and imaging various structural deformities and anatomical abnormalities. Demand for medical ultrasound equipment worldwide is spurred by expanding clinical utility and availability of high quality solutions. Factors, such as aging population, shift from X-ray and CT due to radiation concerns towards ultrasound, and technological advancements are enabling ultrasound equipment maintain a positive growth momentum. Future growth in ultrasound equipment market would also be driven by the strong demand for portable ultrasound devices, and increasing demand from clinical applications that require point-of-care (POC) imaging. Growth is further expected to be spearheaded by 3D /4D ultrasound imaging, which provides benefits, such as sharper images, low cost and minimal radiation as compared to the other imaging modalities.

Ultrasound has emerged as an important tool for treatment planning for trauma patients in emergency situations, and also offers image guidance while performing procedures such as biopsies and regional anesthesia. As ultrasound systems for point of care become affordable, lighter, more accessible, and easier to use, their adoption is expected to increase significantly in future. Technology trends dominating the new product launches include incorporation of artificial intelligence capabilities, introduction of compact handheld ultrasound systems, and improved device ergonomics. The ultrasound market is now abuzz with innovations such as automated ultrasound scanning, tissue harmonic imaging, 3D/4D imaging, color doppler imaging, ultrasound elastography, Contrast-Enhanced Ultrasound (CEUS) imaging and wireless, cable-free transducers and tablet-based ultrasound systems.

As stated by the new market research report on Medical Ultrasound Equipment, Asia-Pacific represents the largest and fastest growing market worldwide. Growth in the region is led by factors such as increasing focus on preventative care, rise in healthcare spending, improving standard of healthcare facilities, and continual shift towards high-end cart-based and compact ultrasound equipment.

Major players in the market include B-K Medical, Esaote SPA, GE Healthcare, Hitachi Healthcare, Mindray Medical International Ltd., Misonix Inc., Nanosonics Ltd., Samsung Medison Co. Ltd., Philips Healthcare, Siemens Healthineers, FUJIFILM SonoSite Inc., and Canon Medical Systems.

The research report titled "Medical Ultrasound Equipment - Market Analysis, Trends, and Forecasts" announced by Global Industry Analysts Inc., provides a comprehensive review of the market trends, growth drivers, technological innovations, mergers, acquisitions, and other strategic industry activities of major and niche players worldwide. The report provides market size estimates and projections in US dollars for geographic regions, such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia Pacific), The Middle East & Africa, and Latin America. The report also analyzes the global market for Medical Ultrasound Equipment by Application such as Radiology, Cardiology, Obstetrics/Gynecology, Vascular and Others (includes Breast, Emergency Medicine, Musculoskeletal, Ophthalmic, Transcranial, and Urology).

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#Medical Ultrasound Equipment #Radiology #Cardiology #BK Ultrasound #Esaote SPA

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health-views-updates · 8 months ago

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Portable Ultrasound Market Projection By Key Players, Status, Growth, Revenue, SWOT Analysis Forecast 2031

The global portable ultrasound market has been on a steady rise in recent years, driven by technological advancements, increasing demand for point-of-care diagnostics, and the growing prevalence of chronic diseases. According to recent reports, the market size was valued at USD 2678.60 million in 2023 and is projected to reach USD 7481.55 million by 2031, exhibiting a compound annual growth rate (CAGR) of 13.7% during the forecast period from 2024 to 2031.

Emerging Trends and Opportunities

Miniaturization and Portability: One of the most notable trends in the portable ultrasound market is the ongoing miniaturization of devices. Advances in technology have led to the development of compact, lightweight ultrasound systems that can be easily transported and used in various clinical settings, including ambulances, remote clinics, and even patients’ homes.

Wireless Connectivity: With the integration of wireless connectivity features, portable ultrasound devices now offer seamless data transfer and remote monitoring capabilities. This enables healthcare professionals to share images and findings in real-time, facilitating collaborative decision-making and improving patient outcomes.

Point-of-Care Applications: The shift towards point-of-care diagnostics is driving the adoption of portable ultrasound devices across diverse medical specialties, including emergency medicine, obstetrics, cardiology, and musculoskeletal imaging. These devices empower clinicians to perform rapid assessments at the patient’s bedside, leading to faster diagnosis and treatment initiation.

AI Integration: Artificial intelligence (AI) is increasingly being integrated into portable ultrasound systems to enhance image quality, automate workflow, and assist in interpretation. AI-powered algorithms can aid in detecting abnormalities, guiding users during image acquisition, and generating quantitative measurements, thereby improving diagnostic accuracy and efficiency.

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Key Drivers Propelling Growth

Rising Demand for Non-Invasive Imaging: As patients and healthcare providers increasingly prioritize non-invasive diagnostic procedures, the demand for portable ultrasound devices continues to surge. These devices offer a radiation-free alternative to traditional imaging modalities such as X-rays and CT scans, making them particularly suitable for pediatric, obstetric, and geriatric populations.

Growing Geriatric Population: The aging population worldwide is fueling the prevalence of chronic diseases such as cardiovascular disorders, cancer, and musculoskeletal conditions. Portable ultrasound devices play a crucial role in the early detection, monitoring, and management of these conditions, driving their adoption among healthcare facilities and practitioners.

Technological Advancements: Ongoing advancements in ultrasound technology, including improved image resolution, enhanced portability, and the integration of advanced features such as 3D/4D imaging and elastography, are expanding the utility of portable ultrasound devices across various clinical applications. These technological innovations not only enhance diagnostic capabilities but also improve user experience and workflow efficiency.

Increasing Healthcare Investments: Governments and healthcare organizations worldwide are investing significantly in healthcare infrastructure and technology to improve access to medical services, especially in underserved regions. The affordability and versatility of portable ultrasound devices make them a valuable asset in expanding healthcare access and improving patient outcomes, further driving market growth.

Challenges and Considerations

Cost Constraints: While portable ultrasound devices offer numerous benefits, their initial acquisition costs and ongoing maintenance expenses can be significant barriers to adoption, especially for smaller healthcare facilities and resource-constrained settings. Manufacturers need to focus on developing cost-effective solutions and exploring leasing options to make these devices more accessible to a wider range of users.

Regulatory Compliance and Quality Assurance: Ensuring regulatory compliance and maintaining quality standards are paramount in the development and deployment of portable ultrasound devices. Manufacturers must navigate complex regulatory landscapes and adhere to stringent quality assurance protocols to ensure the safety, efficacy, and reliability of their products.

Training and Education: Effective utilization of portable ultrasound devices requires comprehensive training and education for healthcare professionals. Proper training programs should be implemented to familiarize users with device operation, image interpretation, and clinical applications, ensuring optimal utilization and minimizing errors.

Data Security and Privacy Concerns: With the increasing digitization of healthcare data and the integration of wireless connectivity features, portable ultrasound devices raise concerns regarding data security and patient privacy. Manufacturers and healthcare providers must implement robust cybersecurity measures to safeguard sensitive patient information and mitigate the risk of unauthorized access or data breaches.

Key Takeaways from the Market

The portable ultrasound market presents significant opportunities for manufacturers, healthcare providers, and investors alike, driven by technological innovations, shifting healthcare paradigms, and demographic trends. Key takeaways from the market include:

Continued Technological Innovation: Ongoing advancements in ultrasound technology, coupled with the integration of AI and wireless connectivity features, will drive the development of next-generation portable ultrasound devices with enhanced capabilities and versatility.

Expanded Clinical Applications: The expanding scope of portable ultrasound devices across various medical specialties and point-of-care settings will create new opportunities for market growth and penetration, fueled by the increasing demand for non-invasive diagnostic solutions.

Focus on Affordability and Accessibility: To address cost constraints and improve accessibility, manufacturers need to prioritize the development of cost-effective solutions and explore innovative pricing models and financing options.

Emphasis on Training and Education: Effective training and education programs are essential to empower healthcare professionals with the knowledge and skills required to maximize the utility of portable ultrasound devices and deliver high-quality patient care.

In conclusion, the portable ultrasound market is poised for substantial growth in the coming years, driven by technological innovation, shifting healthcare dynamics, and increasing demand for point-of-care diagnostics. By addressing key challenges and capitalizing on emerging opportunities, stakeholders can unlock the full potential of portable ultrasound technology and contribute to improved healthcare outcomes worldwide.

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marketnews2021 · 3 years ago

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The global CT Scanner market size is expected to reach USD 8.40 billion by 2027 according to a new study by Polaris Market Research. The report “CT Scanner Market Share, Size, Trends, Industry Analysis Report, By Type (Stationary and Portable CT Scanners); By Technology (High Slice, Mid Slice, Low Slice, and Cone Beam CT); By Architecture (C-arm and O-arm CT Scanners); By Application (Oncology, Neurology, Cardiovascular, Musculoskeletal, and Other Applications), By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Computed tomography is an imaging devices which enables users to look inside the specimen without cutting it. It utilizes computer systems and rotating X-rays machines to produce cross sectional images. In medical, it offers images of blood vessels, bones, and soft tissues to find any ailments or bone fractures in the human body. CT scanning is non-invasive, fast, accurate, and painless procedure. In emergency situation, it provides details of internal injuries and hemorrhage, which saves many human lives.

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The prominent factors favoring the market growth include improvement in the Scanner technology, miniaturization resulting in portable CT Scanner, and rising prevalence in bone-related disorders coupled with road traffic accidents. According to the statistics published by the U.S. Center for Disease and Control (CDC), around 30 million people take part in sports related activities in the U.S. alone. Of this, individuals aged 15 to 20 accounted for around 2 million injuries and more than 30,000 hospital admissions per year.

Moreover, many start-ups are employing artificial intelligence (AI) for an accurate diagnosis. According to the study published in NVIDIA, AI could significantly drop error rate in cancer diagnosis by more than 85 per cent. In line with this, Aidoc, an Israel based start up is employing AI to decipher medical scans and in 2016, the U.S. based AI medical imaging platform Behold.ai, came up with its proprietary “red dot algorithm”. This algorithm has 90 per cent accuracy and faster scanning capability.

Market participants such as CurveBeam, Hitachi Medical Corporation, Neusoft, Samsung, Canon Medical Systems, GE Healthcare, Medtronic Inc., Accuray, Koning Corporation, Xoran, Koninklijke Philips, Carestream, Planmed Oy, Siemens Healthineers, Shenzhen Anke High-Tech, and United Imaging Technologies are some of the key players operating in the concerned market.

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market-researchm · 3 years ago

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Teleradiology Industry: Global Market Share, Analysis, Segmentation And Outlook To 2024

The global Teleradiology Market size is expected to reach USD 8.2 billion by 2024, with a CAGR of over 19.1%. Teleradiology can be defined as the exercise of a radiologist which interprets (reading) medical descriptions about those who are not actually there in the place where the descriptions are generated. Portable imaging companies, hospitals, imperative care facilities and even few personal practices utilize teleradiology services. Teleradiology services can reduce the patient worries by making it achievable for radiologists to offer their services excepting the need to be in the same place. In past few years, teleradiology was barely use in emergency, owing to the internet; this exercise started spreading very fast. Teleradiology makes it easy to remit images as it is to remit emails that have attachment.

Computer programs are their which are devoted exclusively to the spread of radiological pictures. All these development end result in teleradiology service are turning into a noteworthy medical exercise and it carries on rising over the forecast period. Teleradiology services tend to link the breach between the unwarranted requirement and supply of diagnostic services and radiologists around the globe. Teleradiology services assist to transmit radiological images such as MRIs, CTS and MRI from one place to a different place for sharing the descriptive images among other physicians and radiologist. By utilizing technologies such as, Internet, cloud storage ,wide area network, local area network (LAN), telephone lines, as well as voice recognition, image compression, and, advanced graphics processing, teleradiology allows physicians to help their patients from a distant place, in addition ion to which making ‘second opinions ‘becomes much easier Electronic descriptive image transmission in the digital set-up is done with the intention to consult or diagnose, and the expansion and innovation in the area of digital imaging technology is expected to fuel the growth of the global teleradiology market over the forecast period.

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Teleradiology generates the highest revenue and is the most mature segment of the industry in the telehealth technologies industry. Advancement in the field of digital technology has transformed the teleradiology services into an effectual means to transfer significant data about patients. Furthermore, technological advancement is expected to propel the growth of the global teleradiology market over the forecasted period. Increasing usage of cellular phones, personal digital assistants, patient monitoring systems and other wireless devices like mobile health services are expected to fuel the growth of the global teleradiology market over the forecasted period. Lack of security for imaging data coupled with the high cost of technology is likely to negatively shape the global teleradiology market over the forecast period. New developments in the field of global teleradiology such as radiology information systems (RIS)) and picture archiving and communication systems (PACS) is expected to open new opportunity for the market over the forecasted period.

Obligation to subordinate the healthcare expenditure has made the healthcare services provider to contract out the analysis of radiology images to budding and low-cost countries. The simplicity of entry for the new entrant in the teleradiology services has resulted in an advanced competition in the market, with a greater number of teleradiology service providers. Aforementioned factor is also expected to drive the growth telerdiology market over the forecast period. Increasing digitalization is also expected to help and improve the teleradiology market over the forecast period

On The basis of various imaging modalities the global teleradiology market can be segregated into four major parts such as, magnetic resonance imaging (MRI), computed tomography (CT), nuclear imaging-ray and ultrasound. The X-ray section of global teleradiology market has dominated the larger part of teleradiology market in past few years. Moreover ultrasound imaging is expected to witness more preference over Xray and MRI over the forecasted period owing to fact as the patient is exposed to lesser amount of radiation. CT scan imaging technology is also increasing owing to fact as it allows more ability to detect abnormalities in the pancreas, liver and others. Increasing number of healthcare institution radiologic understanding of CT scans is also increasing. High costs attached and Shortage of technical skill to MRI and nuclear imaging are some of, the parts that will nurture slowly over the forecast period.

On the basis of region Global teleradiology market can be segregated into four parts that are .Asia Pacific, North America, Europe and others. In past few years North America has led the global teleradiology market. The foremost factors accountable for the enlargement of the teleradiology market in North America are rise in expenditure of healthcare companies, rapid innovation in medical approaches and well equipped hospitals. Asia Pacific is expected to see a faster growth rate over the forecast period owing to flourishing new companies in the Countries like India. Teleradiology services provider in India are capable of conquer the shortage of radiology services by providing imaging services to healthcare institution, when radiologists are not accessible in parts of North America such as US.

Time zone benefit is one more main thing that has been contributing the growth of teleradiology in India and is expected to drive the growth over the forecast period. The key vendors in Teleradiology market are Teleradiology Solutions, Sectra AB, Cybernet Systems Corporation, Virtual Radiologic, American Telecare Inc, and StatRad.

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#Teleradiology Market #Teleradiology Industry #Teleradiology Market Growth #Teleradiology Market Analysis #Teleradiology Market Size #Teleradiology Market Share #Teleradiology Market Report #Teleradiology Industry Trends #Teleradiology Market Research

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waaaiz · 4 years ago

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Medical Imaging Market Research Report

Growth opportunities in the medical imaging market look promising over the next six years. This is mainly due to the increase in the prevalence of chronic disease, the rising geriatric population, and the escalation in the utilization of imaging devices in therapy.

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Medical Imaging Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The surging incidences of chronic diseases across the nation is the major driver stimulating the growth of the medical imaging market. For example, the World Health Organization asserted that by the end of 2021, the extensiveness of these diseases is expected to boost by 60%. Moreover, the expanding aging population will further strengthen the medical imaging market size. In accordance with the WHO, the 60 years old population is likely to reach 2 billion because of the substantial rise in average life expectancy. The evolving technological innovations have positively impacted the healthcare sector, which is further contributing to market growth. For instance, technologies such as three-dimensional printing and Artificial Intelligence have boosted the present and future scope of market growth. Artificial intelligence produces the best image quality using ai alterations for CT scans and MRIs, which has enhanced radiology. Moreover, the expansion in the employment of these imaging devices in therapy coupled with an essential switch towards precision medicine has promoted the medical imaging industry.

Moreover, leading players like GE Healthcare, Shimadzu Corporation, Siemens Healthineers are engaged in the assistance of image therapy solutions, which will drive the market growth. For instance, Siemens Healthineers, in 2019, proffered a range of diagnostic solutions in the field of radiography and magnetic. Also, the company propagates more than 60% of its revenue from the imaging segment. For example, the company generated total revenue of 17,706 million, out of which 11,130 million was led by this segment, which exhibits the market's huge potential.

However, as per the medical imaging analysis, product retraction by prominent market players is predicted to obstruct the market growth. GE healthcare, in 2018, recalled Millennium MC, Millennium MG, and Millennium Myosight nuclear medicine systems, where they did not possess mechanical stopper and proper functioning of motion stopper.

End-Users Segment Drivers

Based on the end-users, hospitals are projected to expand at a CAGR over the forecast period. This is majorly attributed to the deliberate strategies by the government and regulatory development for the expansion and enlargement of the healthcare infrastructures. German Health Minister, in 2020 had stated US$ 3.53 billion for hospitals, which will bolster the market growth.

Medical Imaging Market’s leading Manufacturers:

· PerkinElmer Inc.

· Carestream

· Varian Medical Systems

· Toshiba Medical Systems Inc.

· GE Healthcare

· Siemens Healthineers

· Aribex Corporation

· Ziehm Imaging Inc.

· Shimadzu Corporation

· Koninklijke Philips N.V.

Medical Imaging Market Segmentation:

Segmentation by Modality:

· Stationary

· Portable

Segmentation by Procedure:

· CT Scanners

· MRI Scanners

· Nuclear Medicine Imaging

· Ultrasound

· X-Rays

· Others

Segmentation by Technology:

· Direct Digital Radiology

· Computed Radiology

Segmentation by Patient Age:

· Adults

· Paediatrics

Segmentation by Application:

· Cardiology

· Pelvic and Abdominal

· Oncology

· Mammography

· Gynaecology

· Neurology

· Urology

· Musculoskeletal

· Dental

· Others

Segmentation by End-Users:

· Hospitals

· Diagnostic and Imaging Centers

· Specialty Clinics

· Ambulatory Surgical Centers

· Others

Segmentation by Region:

· North America

o United States of America

o Canada

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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latestmarketresearchtrends-blog · 4 years ago

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Mobile Imaging Services Market Size, Share and Competitive Landscape 2025

4th May 2021 – Global Mobile Imaging Services Market is expected to reach $2.05 Billion by 2025. Medical imaging services are an initial component of the healthcare industry that is used to diagnose diseases and develop treatment accordingly. Doctors can access visual data easily within their system. Mobile imaging help to remove technical blocks with the help of dedicated imaging software, portable software, and visual communication devices. These services may enhance the communication between various healthcare providers that play important role in improving patient care. The mobile imaging services market is expected to grow at a CAGR of 3.2% in the forecast period.

Rising disorders like neurological disorders, renal disorders, cancer, and cardiovascular diseases, rising use of enhanced diagnostic imaging, government initiative, and growing awareness regarding mobile imaging services are documented as major factors of Mobile Imaging Services that are estimated to enhance the growth in the years to come. However, developing imaging services alternatives may restrain overall market in the coming years. Mobile Imaging Services Market is segmented based on product type, applications, and region.

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Nuclear imaging, X-Ray services, mammography, CT, MRI, ultrasound, and other product types that could be explored in Mobile Imaging Services in the forecast period. The other segment consists of stereotactic breast biopsy equipment and bone densitometers. MRI sector accounted for the largest market share of Mobile Imaging Services and is estimated to lead the market in the coming years. This may be because of rising use of enhanced technology and raising occurrence of multiple sclerosis and brain injuries. Mobile Medical Imaging can accomplish all levels of Diagnostic spine & skull series, X-rays, extremities, chest X-rays, and abdomens using the modern transportable equipment’s. The market may be categorized based on end uses like home healthcare, hospitals & private clinics, and others. Hospitals & private clinics sector accounted for the largest market share in 2016 and are estimated to continue its dominance in the forecast period. This may be because of high demand as it save space, save basic investment, and support doctors in obtaining scans on the spot and determining suitable treatment.

Globally, North America accounted for the largest market share and is estimated to lead the overall market in the coming years. The reason behind the growth of overall market could be technological enhancements, developed healthcare infrastructure, raised demand for digitization in healthcare organizations, and growing awareness amongst populace regarding mobile imaging technologies. The United States is a major consumer of Mobile Imaging Services in this region. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise growing aging population in the region, developing healthcare infrastructure, increasing disposable income, and growing occurrence of chronic diseases. Also, government initiative to increase the oncology and health centers in the region, favorable reimbursement policy, and growing population. The developing countries like India and China are the major consumers of Mobile Imaging Services in this region.

The key players of Mobile Imaging Services Industry are Nuffield Health, Cobalt Health, Alliance HealthCare Services, Front Mobile Imaging, InHealth Group Ltd., and Digiard Corporation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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marketstudyreport · 4 years ago

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Teleradiology Market In-Depth Analysis of Industry Share, Growth Outlook 2024

1st April 2021 – The global Teleradiology Market size is expected to reach USD 8.2 billion by 2024, with a CAGR of over 19.1%. Teleradiology can be defined as the exercise of a radiologist which interprets (reading) medical descriptions about those who are not actually there in the place where the descriptions are generated. Portable imaging companies, hospitals, imperative care facilities and even few personal practices utilize teleradiology services. Teleradiology services can reduce the patient worries by making it achievable for radiologists to offer their services excepting the need to be in the same place. In past few years, teleradiology was barely use in emergency, owing to the internet; this exercise started spreading very fast. Teleradiology makes it easy to remit images as it is to remit emails that have attachment.

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