The medical digital imaging systems global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Medical Digital Imaging Systems Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The medical digital imaging systems market size has grown rapidly in recent years. It will grow from $18.39 billion in 2023 to $20.54 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to rising government initiatives, rising geriatric population, surging demand for effective early diagnostic methods, rising healthcare expenditure, and rising demand for non-invasive procedures.
The medical digital imaging systems market size is expected to see rapid growth in the next few years. It will grow to $32.13 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to rising demand for early detection tools, increasing investments and funds by governments, demand for non-invasive diagnostic devices, increasing incidence of chronic diseases, and increasing incidences of lifestyle-oriented diseases. Major trends in the forecast period include technological advancements, telemedicine integration, artificial intelligence (AI) integration, the development of advanced visualization capabilities, and product innovations.
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Scope Of Medical Digital Imaging Systems Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Medical Digital Imaging Systems Market Overview
Market Drivers –
The increasing number of chronic conditions is expected to propel the growth of the medical digital imaging systems market going forward. Chronic conditions are long-lasting health issues that persist over time and require ongoing medical management, such as diabetes, cardiovascular diseases, and respiratory disorders. The prevalence of chronic diseases is a complex and multifaceted issue influenced by urbanization, genetic predisposition, and the adoption of sedentary lifestyles. Medical digital imaging systems help identify subtle changes in tissues and organs, allowing for more accurate diagnoses. It will enable physicians to compare past and present scans, identifying trends and patterns. For instance, in June 2024, according to the data from the Australian Institute of Health and Welfare, an Australia-based government agency, the age-standardized death rate due to chronic conditions slightly increased to 459 per 100,000 population in 2021. This rate rose again in 2022, reaching 490 per 100,000 population. Therefore, the increasing chronic conditions drive the medical digital imaging systems market.
Market Trends –
Major companies operating in the medical digital imaging systems market are developing AI-enhanced imaging technologies to improve diagnostic accuracy, speed up image analysis, and assist in early disease detection. AI-enhanced imaging integrates artificial intelligence into digital imaging systems to improve diagnostic accuracy and efficiency. For instance, in April 2024, GE Healthcare, a U.S.-based medical technology company, introduced the AI-enhanced voluson signature 20 and 18 ultrasound systems designed specifically to advance women’s health imaging. These systems utilize AI to enhance image quality, automatically detect fetal structures, and provide faster, more accurate measurements, thereby reducing scan times and improving diagnostic confidence. This innovation highlights the growing role of AI in specialized medical imaging, driving more precise and efficient healthcare solutions for women.
The medical digital imaging systems market covered in this report is segmented –
1) By Type: Magnetic Resonance Imaging (MRI), X-Ray, Ultrasound, Computed Tomography (CT), Nuclear Imaging, Mammography
2) By Technology: 2D, 3D And 4D
3) By End-User: Hospitals, Diagnostic Centers, Specialty Centers, Other End-Users
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Regional Insights –
North America was the largest region in the medical digital imaging systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical digital imaging systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the medical digital imaging systems market are Samsung Electronics Co. Ltd., Hitachi Ltd., Siemens AG, Medtronic PLC, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Shimadzu Corporation, Agilent Technologies Inc., Hologic Inc., Mindray Medical International Limited, Bruker Corporation, Carestream Health Inc., Barco NV, Analogic Corporation, Esaote SpA, Canon Medical Systems Corporation, Ampronix LLC, Pie Medical Imaging B.V., Agfa-Gevaert Group, Alma Medical Imaging
Table of Contents
- Executive Summary
- Medical Digital Imaging Systems Market Report Structure
- Medical Digital Imaging Systems Market Trends And Strategies
- Medical Digital Imaging Systems Market – Macro Economic Scenario
- Medical Digital Imaging Systems Market Size And Growth
…..
- Medical Digital Imaging Systems Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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