Medical Imaging Instrument Market is Expected to Register a Considerable Growth by 2026

The Medical Imaging Instrument Market is segmented by Modality (MRI, Computed Tomography, Ultrasound, X-Ray, Nuclear Imaging, Others), Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Others), End-Use (Hospital, Diagnostic Centers, Others) and Region (North America, Europe, Asia-Pacific, and the Rest of the World).

What is medical imaging instrument?

Medical imaging instrument refers to the use of different imaging modalities to get visual representations of the interior of a body for therapeutic and diagnostic purposes. Medical imaging includes different types of modalities that are used to image the human body for diagnosis and treatment of a variety of diseases, and thus plays a key role in improving health.

Key Players

Key players operating in the medical imaging instrument market are-

  • GE Healthcare (US)

  • Shimadzu Corporation (Japan)

  • Philips Healthcare (Netherlands)

  • Genesis Medical Imaging inc. (US)

  • Hologic Inc. (US)

  • Siemens Healthcare (Germany)

  • Samsung Medison Co. Ltd (South Korea)

  • Carestream Health Inc. (US)

  • Hitachi Medical Corporation (Japan)

  • Fujifilm Holdings Corporation (Japan)

Market Dynamics

The rising prevalence of various diseases, demographics shift, and increasing awareness for disease detection & diagnosis are some of the key factors augmenting the market growth. As per WHO, between 2015 and 2050, the percentage of the world’s population over 60 years is likely to double from around 12% to 22%. The speed of the aging population is anticipated much faster in the future decades. All countries will be witnessing major challenges to ensure their health thereby creating a lucrative opportunity for the industry players.

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