Dublin, Aug. 16, 2023 (GLOBE NEWSWIRE) -- The "Medical Digital Imaging System Market Size, Share & Trends Analysis Report By Type (X-ray, MRI, Ultrasound, CT, Nuclear Imaging), By Technology (2D, 3D/4D), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global medical digital imaging system market is expected to achieve a market size of USD 30.5 billion by the year 2030. This growth trajectory is driven by a strong compound annual growth rate (CAGR) of 8.2%, starting from 2023 and extending throughout the forecast period.
Advanced Imaging Solutions and Preventive Healthcare Applications Fuel Market Demand
The market's expansion is attributed to the escalating demand for advanced imaging solutions that offer rapid results with minimal errors. The incorporation of medical digital imaging in preventive healthcare applications further bolsters market growth.
Rising Chronic Disease Prevalence Boosts Demand
The growing prevalence of chronic diseases, often attributed to factors like sedentary lifestyles, unhealthy diets, and tobacco and alcohol consumption, is driving demand for medical digital imaging. As these chronic conditions continue to rise, the need for accurate diagnostic tools is expected to propel the medical digital imaging market forward.
Government Initiatives Drive Market Development
Initiatives undertaken by governments in key countries such as the U.S., U.K., India, and Canada play a vital role in stimulating the medical digital imaging market. Measures such as reducing import duties for medical devices, implementing supportive policies, and providing comprehensive education for healthcare professionals are contributing to the market's expansion.
Technological Advancements and Awareness Foster Demand
The combination of technological advancements in diagnostics and a growing awareness of the importance of early disease detection is driving increased demand for diagnostic techniques. As diagnostic technologies continue to evolve, the demand for accurate and advanced diagnostic tools is predicted to bolster the growth of the medical digital imaging system market.
Expanding Role in Preventive Healthcare Drives Market Growth
The increasing applications of medical digital imaging systems in preventive healthcare are contributing to market growth. These systems are becoming integral tools for early disease detection and timely intervention, aligning with the growing emphasis on preventive healthcare.
In conclusion, the global medical digital imaging system market is positioned for substantial growth, supported by factors like advanced imaging solutions, rising chronic disease prevalence, government initiatives, technological advancements, and the expanding role of medical digital imaging in preventive healthcare. The projected CAGR of 8.2% emphasizes the market's potential to evolve and reshape the healthcare landscape.
Medical Digital Imaging System Market Report Highlights
- Increased per capita income and medical tourism in Asia Pacific are boosting the adoption of diagnostic imaginhg devices. The region is anticipated to rise at the highest CAGR with 10.3% during the forecast period
- Market players such as GE Healthcare, Toshiba, and Philips Healthcare launched new CT systems that use microelectronic circuits, which reduce the noise created by the device and enhance image quality
- Regional & service portfolio expansions and mergers & acquisitions are among the key strategies adopted by these players to gain a higher market share.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 105 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $16.3 billion |
| Forecasted Market Value (USD) by 2030 | $30.5 billion |
| Compound Annual Growth Rate | 8.2% |
| Regions Covered | Global |
Company Profile
- Koninklijke Philips N.V.
- GE Healthcare
- Siemens Healthineers
- Esaote SPA
- Canon Medical Systems Corporation
- Hologic
- Hitachi.
- Shimadzu
Key Topics Covered:
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 Research Scope and Assumptions
1.4 List to Data Sources
Chapter 2 Executive Summary
2.1 Market Summary
Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation
Chapter 4 Industry Outlook
4.1 Market Variable Analysis
4.1.1 Increasing prevalence of chronic diseases
4.1.2 Increasing Adoption of Diagnostic imaging
4.1.3 Demand for non-invasive diagnostic and therapeutic devices
4.1.4 Advancement in technology
4.1.5 Increasing insurance coverage in diagnostic imaging
4.1.6 Reduction of healthcare costs with PACS
4.2 Market Variable Analysis
4.3 Market Restraint Analysis
4.3.1 High cost of diagnostic systems and procedures
4.3.2 Risk of high radiation
4.3.3 Long shelf life of imaging devices
Chapter 5 Medical Digital Imaging Systems Market :Business Environment Analysis
5.1 SWOT Analysis; By factor (Political & Legal, Economic and Technological)
5.2 Porter's Five Forces Analysis
Chapter 6 Medical Digital Imaging Systems Market :Type Business Analysis
6.1 Medical Digital Imaging systems market: Type Movement Analysis
6.2 X-ray
6.3 Computed Tomography
6.4 Ultrasound
6.5 MRI
6.6 Nuclear Imaging
Chapter 7 Medical Digital Imaging Systems Market :Technology Business Analysis
7.1 Medical Digital Imaging Systems Market: Technology Movement Analysis
7.2 2D
7.2.1 2D market estimates and forecast, 2018 - 2030
7.2.2 B/W
7.2.3 Color
7.3 3D/4D
Chapter 8 Medical Digital Imaging Market :Regional Business Analysis
8.1 Medical Digital Medical Imaging Market: Regional Movement Analysis
For more information about this report visit https://www.researchandmarkets.com/r/v34yrc
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
