The Diagnostic Imaging Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Diagnostic Imaging Equipment Global Market Report 2024, The diagnostic imaging equipment market size has grown strongly in recent years. It will grow from $54.69 billion in 2023 to $59.46 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to aging population, increasing disease burden, healthcare reimbursement, regulatory approvals.
The diagnostic imaging equipment market size is expected to see strong growth in the next few years. It will grow to $80.2 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to artificial intelligence (AI) integration, remote imaging services, personalized medicine, emerging markets growth, minimally invasive procedures. Major trends in the forecast period include the adoption of 3D and 4D imaging techniques, point-of-care imaging, radiation dose reduction, hybrid imaging, environmental sustainability.
The global increase in chronic diseases is expected to propel the growth of the diagnostic imaging equipment market. A chronic disease is a condition that lasts for a year or longer, necessitates continuous medical care, restricts daily activities, or both, and includes illnesses such as cancer, diabetes, and so on. Imaging techniques in radiology are used to identify a variety of diseases, including diabetes, cancer, and cardiovascular disease. Chronic illnesses that have not yet manifested any symptoms can be found using diagnostic imaging. For instance, according to the International Diabetes Federation (IDF), an umbrella association of 230 national diabetes associations in more than 160 countries, in 2021, 537 million adults aged between 20 and 79 are living with diabetes (1 in 10 are suffering from diabetes), and this number is expected to reach about 643 million by 2030 and 783 million by 2045. Therefore, a global increase in chronic diseases is expected to drive the diagnostic imaging equipment market going forward.
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The diagnostic imaging equipment market covered in this report is segmented –
1) By Type: X-Ray Systems Devices And Equipment; Ultrasound Systems Devices And Equipment; Computed Tomography (CT) Scanners Devices And Equipment; Magnetic Resonance Imaging Systems Devices And Equipment; Cardiovascular Monitoring And Diagnostic Devices And Equipment; Nuclear Imaging Devices And Equipment
2) By End User: Hospitals And Clinics; Diagnostic Laboratories; Other End Users
3) By Type of Expenditure: Public; Private
4) By Product: Instruments/Equipment; Disposables
The diagnostic imaging equipment market report table of contents includes:
1. Executive Summary
2. Diagnostic Imaging Equipment Market Characteristics
3. Diagnostic Imaging Equipment Product/Service Analysis -Product/Service Examples
4. Diagnostic Imaging Equipment Market Trends And Strategies
5. Diagnostic Imaging Equipment Market - Macro Economic Scenario
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68. Global Diagnostic Imaging Equipment Market Competitive Benchmarking
69. Global Diagnostic Imaging Equipment Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Diagnostic Imaging Equipment Market
71. Diagnostic Imaging Equipment Market Future Outlook and Potential Analysis
72. Appendix
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