Large-scale Medical Imaging Equipment Market was valued at USD 32.5 Billion in 2022 and is projected to reach USD 52.8 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
Looking forward, from 2023 to 2033, the large-scale medical imaging equipment market is expected to see further growth, albeit with distinct shifts in demand. Technological improvements such as AI-enhanced imaging, augmented reality (AR) integration, and even more sophisticated imaging modalities like PET and hybrid imaging systems will dominate the next decade. The growing need for personalized medicine and the increasing focus on preventative care will drive demand for high-resolution imaging tools, particularly those that can be utilized in outpatient and telemedicine settings.
The forecasted rise in healthcare investments and government support for advanced medical technologies will also stimulate demand for high-performance equipment. At the same time, growing healthcare infrastructure in emerging markets such as Asia Pacific and Latin America will open up new opportunities for market growth, especially as these regions expand their medical imaging capabilities. Additionally, the aging population worldwide will increase the need for early disease detection, further boosting the market for large-scale medical imaging equipment.
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The global large-scale medical imaging equipment market has witnessed a significant transformation between 2018 and 2022, driven by advancements in technology and an increasing demand for more precise diagnostic tools. These shifts have impacted both the development of new medical imaging technologies and the way healthcare institutions approach patient care. As we compare this period to the forecast from 2023 to 2033, there are notable differences in the demand, technological advancements, and market trends shaping the future of medical imaging.
In 2018, the market was primarily influenced by the growing adoption of technologies like MRI, CT scans, and X-ray machines in hospitals and diagnostic centers. The demand for these devices surged due to their effectiveness in detecting diseases such as cancer, cardiovascular issues, and neurological disorders. Between 2018 and 2022, innovations like Artificial Intelligence (AI)-integrated imaging solutions, portable diagnostic devices, and 3D imaging gained traction, addressing the need for faster and more accurate results. A key trend that emerged was the increasing preference for non-invasive imaging techniques, sparking a shift toward more patient-friendly diagnostic options.
Siemens Healthineers
General Electric
Philips
Canon
FUJIFILM Holdings
Carestream Health
Hitachi
Konica Minolta
Varex Imaging
Hologic
United Imaging Healthcare
Anke
Kangda Intercontinental Medical
Minfound
Wandong
Sinovision
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Large-scale Medical Imaging Equipment Market
Hospital
Clinic
Third Party Image Center
Based on Types the Market is categorized into Below types that held the largest Large-scale Medical Imaging Equipment market share In 2023.
X-ray Imaging
Computed Tomography (CT)
Magnetic Resonance Imaging (MRI)
Nuclear Medicine Diagnostic
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Large-scale Medical Imaging Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Large-scale Medical Imaging Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Large-scale Medical Imaging Equipment Market, By Type
6. Global Large-scale Medical Imaging Equipment Market, By Application
7. Global Large-scale Medical Imaging Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Large-scale Medical Imaging Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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