July 25, 2011
MarketsandMarkets: Global Diagnostic Imaging Market Estimated to Reach $26.6 Billion by 2016
DALLAS, July 25, 2011 /PRNewswire/ --
The "Global Diagnostic Imaging (CT, MRI, X-Ray & Ultrasound) Market -
Competitive Landscape & Forecasts from 2010 to 2016
" analyzes and studies the major market drivers, restraints, and
opportunities in regions such as North America, Europe, Asia, and Rest of
(CT, MRI, X-Ray & Ultrasound) Market - Competitive Landscape & Forecasts
from 2010 to 2016.
Early buyers will receive 10% customization on reports.
The global diagnostic imaging market
is expected to grow from $20.7 billion in 2010 to $26.6 billion by
2016, at an estimated CAGR of 4.2% from 2011 to 2016. Increasing aging
population and widening applications of diagnostic imaging due to continuous
developments are predominantly driving the diagnostic imaging
market. In addition, with increasing awareness amongst consumers
regarding preventive care and development of products that result in
harmless imaging is further receiving a boost.
The emerging trend that is catching interest of the players is fusion of
nuclear imaging with different modalities of diagnostic imaging products.
The merging of imaging modalities such as PET
[http://www.marketsandmarkets.com/Market-Reports/pet-market-98.html ]/CT, and
MRI/PET help in providing full gamut of imaging scans through the same unit
and at the same time. Further, portable diagnostic equipments
are also facing an immense demand from physicians.
X-ray constituted the largest percentage share of around 34% share in
2010; followed by Ultrasound (21%), CT scan (19.5%), MRI
(18.5%), and nuclear medicine (7%). With respect
to geographies, the market is dominated by America with a total market share
of around 36.3% in 2010, followed by Europe (27.3%), Asia (27%), and ROW
GE (U.S.), Philips (The Netherlands), and Siemens (Germany) together
constitute the majority of the market with Philips market share equaled to
GE due to increased focus towards the emerging market. The other players
that are rapidly gaining presence in the market are Toshiba (Japan), Hitachi
(Japan), and Hologic (U.S.).
Scope of the report
The report analyzes geography; forecasting revenues, and trends in each
of the following submarkets:
- X-ray - CT - MRI - Ultrasound - Nuclear imaging
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