Report on Global Sales of Imaging Equipment Published

A new report released by Research and Markets (Dublin, Ireland) has analyzed the global market for diagnostic imaging technologies through the year 2020.

The researchers forecast that the global diagnostic imaging market will reach approximately USD 27.1 billion with a Compound Annual Growth Rate (CAGR) of 4.7% by the year 2020, to become one of the fastest growing healthcare sectors.

Factors driving the growth of the diagnostic imaging market include preventive screening, new procedures, disease prevalence, and research. Factors that restrict market growth include public awareness of radiation risks, increasing costs and reduced insurance cover, aging equipment, and a shortage of helium for Magnetic Resonance Systems (MRI).

The researchers expect the Asia-Pacific diagnostic imaging market to show the highest CAGR growth. The largest share of the global diagnostic imaging market is still held by North America, followed by Europe. X-Ray imaging is still the most-used imaging procedure, followed by MRI, Positron Emission Tomography (PET), Single-Photon Emission Computed Tomography (SPECT), Computed Tomography (CT), and nuclear medicine.

The diagnostic imaging market is dominated by GE Healthcare (Chalfont St Giles, Buckinghamshire, UK), Royal Philips (Amsterdam, the Netherlands), Siemens Healthcare (Erlangen, Germany), Toshiba Medical Systems Corporation (Otawara-shi, Tochigi-ken, Japan), Hitachi Medical (Tokyo, Japan), Carestream (Rochester, NY, USA), Esaote (Genova, Italy), Hologic (Bedford, MA, USA), Samsung Medison (Seoul, Korea), and Shimadzu Corporation (Kyoto, Japan).

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