Diagnostic Imaging Equipment Market Growth Drivers, Regional Trends and Forecasts to 2032
  
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The global size for diagnostic imaging equipment market reached USD 33.6 billion in 2022 and is projected to exhibit a revenue compound annual growth rate (CAGR) of 3.4% throughout the forecast period, as per the most recent report provided by Reports and Data.
Diagnostic imaging represents a method utilized to visualize the internal structures of the human body by employing different types of electromagnetic radiation, aiding in accurate diagnosis. This technology serves the purpose of early disease detection by generating images of organs and tissues, establishing a comprehensive database of human physiology and anatomy, and facilitating the identification of abnormalities. Diagnostic imaging equipment significantly contributes to modern healthcare by delivering crucial information to healthcare professionals in a prompt and non-invasive manner.
Additionally, the rising incidence of chronic diseases like cancer, cardiovascular ailments, and neurological disorders is propelling the growth in market revenue. The need for early detection and precise diagnosis in addressing various diseases has heightened the demand for diagnostic imaging technologies. Moreover, the increasing elderly population and evolving lifestyles have been associated with a greater requirement for diagnostic imaging equipment.
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Top Companies:
• GE Healthcare
• Siemens Healthineers
• Philips Healthcare
• Fujifilm Holdings Corporation
• Hologic, Inc.
• Shimadzu Corporation
• Koninklijke Philips N.V.
• Toshiba Medical Systems Corporation
• Canon Medical Systems Corporation
• Samsung Healthcare
Some Key Highlights from the Report
• In the global market for diagnostic imaging equipment in 2022, MRI scanners dominated with the most substantial revenue share. This is attributed to their ability to generate precise internal organ and structure images without subjecting patients to harmful radiation. MRI scanners are instrumental in diagnosing various conditions, including cancer, neurological disorders, and musculoskeletal issues. Furthermore, the growing prevalence of chronic diseases and the emphasis on early detection and treatment are expected to drive revenue growth in this sector.

• Predictions for 2022 indicate that the cardiology segment is anticipated to claim the largest revenue share in the global diagnostic imaging equipment market. This projection is associated with the high incidence of cardiovascular ailments and an aging population. Diagnostic imaging modalities like CT scans, MRIs, and X-rays are routinely employed for identifying cardiovascular conditions such as coronary artery disease, heart attacks, and strokes. Hence, the escalated demand for diagnostic imaging equipment is likely to propel revenue growth within this segment.
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Based on Region market is segmented into:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Product Type Outlook:
• MRI Scanners
• CT Scanners
• X-ray Systems
• Ultrasound Systems
• Other
Application Outlook:
• Cardiology
• Oncology
• Neurology
• Orthopedics
• Others
End-use Outlook:
• Hospitals
• Diagnostic Imaging Centers
• Others
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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