Medical imaging market to reach USD 62.42B by 2030

The “Medical imaging market report provides a holistic evaluation of the market for the forecast period (2024-2030). The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. The industry’s size, revenues, market shares, major categories, drivers, and other market-related factors. The Medical Imaging market report also identifies regional industrial presence and market-limiting variables that could have an impact on growth trends after the projected period of 2030. These factors the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report also focuses on medical imaging market major leading industry players of Medical Imaging market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.

The global medical imaging market is expected to grow at a 5.85% CAGR from 2024 to 2030. It is expected to reach above 62.42 USD billion by 2030 from 38.50 USD billion in 2023.

Recent development:
December 2022, Koninklijke Philips N.V. launched a new Ultrasound Compact System 5000 Series that delivers premium image quality needed to aid in a confident diagnosis in a portable unit.

June 2022 – The newly-launched Symbia Pro.specta system by Siemens Healthcare GmbH, a single photon emission computed tomography/computed tomography (SPECT/CT) received the Food and Drug Administration (FDA) clearance that has advanced SPECT and CT imaging technologies.

May 2021 – Siemens Healthcare GmbH launched Somatom X.ceed, a new and efficient version of the Somatom X.cite system that the company launched in 2019.

Dominating region:
Asia Pacific is expected to register the highest growth rate during the forecast period (2024-2032), owing to the rising prevalence of chronic diseases and demand for advanced diagnostic devices. Additionally, a large and aging installed base of imaging equipment in the Asia Pacific is presenting a lucrative opportunity for market players. This, along with a rapidly developing healthcare and hospital infrastructure in the region, especially in countries such as China and India, is anticipated to drive the demand for new medical imaging equipment during the forecast period. Exactitude Consultancy