Medical Imaging Equipment Market deals with developing and manufacture of medical devices that are used for creating visual representation of interior body for clinical analysis and medical intervention. The medical imaging equipment reveals internal structures hidden by skin and bones. It diagnoses and treats the diseases.
Medical Imaging Equipment Market applications are increased by latest advancements in 3D visualization and computer-aided detection (CAD). Diagnosing various cancers is made possible by advanced diagnostic imaging equipment. 2D imaging medical systems are also found aiding the growth of healthcare centers. X ray machine and MRI scanners are most popular medical imaging equipment. Cardio-vascular condition, which is required to be monitored frequently in heart patients is made easy with the advanced imaging systems. Imaging devices such as computed tomography (CT or CAT), and ultrasound have allowed further options for treatment guidance essentially with very low morbidity, resulting in highly improved outcomes and quality of life for the patients.
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Scope & Regional Forecast of the Medical Imaging Equipment Market
Rising incidents of several diseases such as respiratory, orthopedic, and cardiovascular is the key driver of Medical Imaging Equipment Market. Growing technological advancements and development of portable devices support the market growth. Growing generic population with unhealthy lifestyle, increasing incidences of chronic diseases such as cancer, cardiovascular disorder, gastrointestinal disorders and various genetic mutations that requires advanced imaging equipment are the other factors increasing the demand for medical imaging equipment.
Advanced technologies such as 3D, 4D & mobile scanner, supportive healthcare infrastructure, increasing need for early stage diagnose of various types of cancer & cardiovascular diseases made North America as the largest shareholder of Medical Imaging Equipment Market. Growing demand for advances diagnostic techniques and rising awareness regarding the need of early stage diagnosis are few factors that are expected to drive Asia-Pacific as the fastest growing market.
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Higher cost of medical imaging equipment hinders the Medical Imaging Equipment Market. However, initiation of reimbursement policies for both public and private hospital funding by governments and necessity of advanced diagnostic imaging equipment are providing growth opportunities during the forecast period.
Segmentations & Key Players Involved in the Medical Imaging Equipment Market
The Medical Imaging Equipment Market can be broken down into various segmentations on the basis of –
Types: X-Ray Devices, Ultrasound Systems, Computed Tomography (CT) Scanners, Magnetic Resonance Imaging (MRI) Equipment and Nuclear Imaging Equipment.
Application: Hospitals, Clinic and Research Institute.
Geographical Location: North America, Europe, Asia Pacific and Others.
Some of the key players involved in the Medical Imaging Equipment Market are as follows:
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