Global diagnostic imaging equipment market is driven by factors such as growing technological advancement which include handheld X-ray & upright MRI and increasing interest among researcher regarding medical imaging equipments. Additionally, growing geriatric population with relatively weaker immune system, increasing government funding pertaining to diagnostic imaging studies are also responsible to drive the diagnostic imaging equipment market. Furthermore, increasing patient awareness levels regarding early stage diagnosis and increasing demand for effective & efficient imaging technologies for diagnosis are few factors that are positively reinforcing diagnostic imaging equipment market over the forecast period. Moreover, growing population with unhealthy lifestyle, increasing incidences of chronic diseases such as cancer, cardiovascular disorder, gastrointestinal disorders and various genetic mutations that requires advanced imaging equipments are amongst few factors that are expected to positively reinforce diagnostic imaging equipment market growth. High cost associated with these devices and side effects of emitting radiations are few key factors that are expected to impede the diagnostic imaging equipment market growth. However, advantages associated with these devices are expected to curb the effect of aforementioned factors
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Global diagnostic imaging equipment market is segmented on the basis of modality into ultrasound systems, magnetic resonance imaging (MRI) systems, X-ray imaging system, computed tomography (CT) systems, nuclear imaging systems, and mammography systems. In 2014, X-ray imaging system market was one of the highest revenue generating segments owing to increasing demand for cost effective diagnostic technique and rising patient awareness levels pertaining to the same. X-ray imaging system market is further segmented on the basis of technology (analog X-ray imaging systems and digital X-ray imaging systems) and portability (stationary X-ray imaging systems and portable X-ray imaging systems). In 2014, Digital X-ray imaging systems market was the major segment owing to increasing demand for enhanced imaging capabilities, and efficient procedural systems. Ultrasound systems market is further segmented on the basis of technology, types of products and portability.
SPECT scanners & PET scanners are the types of products in nuclear imaging systems and analog & digital mammography systems are the technologies used in mammography. Moreover, MRI systems segment of diagnosis imaging equipment market is also segmented on the basis of architecture and field strength. Based on architecture, the MRI systems market is sub divided into closed and open MRI systems. In 2014, closed MRI was the highest revenue MRI system. On the basis of field strength, the market is sub divided into low-to-mid-field MRI, very-high-filed MRI, high-field MRI, and ultra-high-filed MRI. In 2014, the high-field MRI segment accounted for the largest share of the market owing to growing demand for exact images of soft tissues.
North America, Asia Pacific, Europe, MEA, and Latin America are the key region of diagnostic imaging equipment market. In 2014, North America was the largest regional market in terms of revenue owing to rising demand for advanced technologies such as 3D, 4D & mobile scanner and increasing need for early stage diagnose of various types of cancer & cardiovascular diseases. However, Asia Pacific region is expected to be the fastest growing regional market of global diagnostic imaging equipment over coming seven years. Growing demand for advances diagnostic techniques and rising awareness regarding the need of early stage diagnosis are few factors that are expected to drive the diagnostic imaging equipment market in this region.
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