Medical Imaging Systems Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies And Segment Forecasts, 2012 To 2020

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Medical Imaging Systems Market Analysis, Market Size,
Share, Regional Outlook, Industry Trends, Competitive
Strategies And Segment Forecasts, 2012 To 2020
Industry Insights
Medical imaging systems market is expected to grow over the forecast period owing to the increasing
prevalence of chronic diseases such as diabetes, cardiovascular diseases, and cancer. The other drivers
of this market are growing geriatric population, high patient awareness and the introduction of PACS &
advanced medical imaging systems. Globally, geriatric population base is more impressionable towards
respiratory diseases, orthopedic and cardiovascular disease.
Chronic diseases especially pertaining to cardiovascular systems, respiratory and brain will drive the
market over the forecast period. Chronic disease is that type of disease which exists for more than three
months and its effects are shown after some period of time. As per the recent report published by WHO,
it say that it is the leading cause of mortality globally. It says that as of 2013, nearly 45 million deaths
occurred globally due to chronic diseases and among all deaths, its share is above 65%.
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Globally, medical imaging systems market as of 2013 was valued $ 25,710.5 million and over the
forecast period i.e. upcoming five years, it will grow at a CAGR of over 6%. PACS stands for picture
archiving and communication systems and it stores and transfer medical images, which obtained from
medical imaging devices such as CT and X-ray. The market has a huge opportunity over the forecast
period as due to increasing demand for computed and digital radiography systems and through
introduction of mobile imaging systems.
Product Insights
Medical imaging systems market is segmented on the basis of product types into handheld X-ray
devices, portable X-ray devices, ultrasound, CT, closed & open MRI, nuclear imaging, high slice, medium
slice and low slice scanners. Among these, X-ray devices held the largest market share in 2013. Further,
this market is classified into stationary, handheld and portable devices. Availability of a relatively higher
application base coupled with increasing penetration rate in underdeveloped and emerging market is
one of the major reasons for its entire market dominance.
The evolution of filmless X-ray systems, as it is environment friendly, increasing demand for back fitted
and cost effective systems is expected to boost the market. At the fastest CAGR of 7%, SPECT and PET
market will grow over the upcoming five years. Under non-invasive and minimally invasive
interventional medical procedures, nuclear imaging in combo with CT and MRI scan systems has a huge
opportunity over the forecast period.
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Technology Insights
Medical imaging systems market is segmented on the basis of technology into digital radiography,
computed radiography system, 4D & 5D and X-ray systems include analog. Among these, computed
radiography held the largest market share in 2013, as it is user friendly which cuts the costs associated in
re-training of employees when healthcare system is shifted from analog to digital system. Digital
radiography will grow at a CAGR of 5.8% over the forecast period as it is add on features like easy
storage & transmission, faster image acquisition rates and cost effectiveness. 4D & 5D are expected to
witness lucrative and highest growth rate over upcoming five years.
Regional Insights
Geographically, the medical imaging systems market is studied with respect to four regions such as
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North America, Europe, Asia Pacific and RoW. North America is dominating the whole market as it has
high disposable income, strong R&D, favorable policies, and better healthcare infrastructure. Asia Pacific
is expected to show a lucrative growth rate over the forecast period. The presence of high geriatric
population and developing economy are the factors expected to drive the growth of medical imaging
market in this region.
Competitive Insights
The major market players in the medical imaging systems market are, GE Healthcare, Shimadzu
Corporation, Philips healthcare, Toshiba America Medical Systems, Siemens healthcare and Hitachi
Medical Corporation.
Table of Contents
Chapter 1. Executive Summary
1.1. Medical imaging systems - Industry Summary & Critical Success Factors (CSFs)
Chapter 2. Medical Imaging Systems Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Medical Imaging Systems Market Dynamics
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Medical imaging systems - Company Market Share Analysis, 2013
2.7. Medical Imaging Systems market PESTEL Analysis, 2013
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Chapter 3. Medical Imaging Systems Product Outlook
3.1. X-ray Devices
3.2. Computed Tomography
3.3. Ultrasound systems
3.4. MRI Equipment
3.5. Nuclear Imaging
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Chapter 4. Medical imaging Systems Technology Outlook
4.1. X-ray Devices
4.2. Computed Tomography
4.3. Ultrasound systems
4.4. MRI Equipment
4.5. Nuclear Imaging
Chapter 5. Medical Imaging Systems Regional Outlook
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. RoW
Chapter 6. Competitive Landscape
6.1 Siemens Healthcare
6.2 GE Healthcare
6.3 Shimadzu Corporation
6.4 Philips Healthcare
6.5 Toshiba Medical Systems Inc.
6.6 Zeihm Imaging Inc.
6.7 Varian Medical Systems Inc.
6.8 Aribex Inc.
Chapter 7. Methodology and Scope
7.1. Research Methodology
7.2. Research Scope & Assumption
7.3. List of Data Sources
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Medical imaging systems market is expected to grow over the forecast period owing to the increasing prevalence of chronic diseases such as diabetes, cardiovascular diseases, and cancer.