Global Medical Digital Imaging Systems Market by Type (X-ray, MRI, Ultrasound, CT, Nuclear Imaging), By Technology (2D, 3D/4D), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Medical Digital Imaging Systems Market Overview:

The global medical digital imaging system market was worth USD 16,200 million in 2021. It is expected to grow at a 7.6% CAGR between 2023 and 2032.

The market has grown due to a growing demand for early diagnosis methods and a larger population of the elderly. The market’s growth is expected to be fueled by technological advancements, as well as increased investments and funds from governments, particularly in developing countries like India and China.

The market is being augmented by technological advancements in digital and communications technologies. The majority of diagnostic radiology procedures can now be performed using new imaging techniques that provide precise anatomical details. This has led to an increase in medical digital imaging’s use in exploratory surgery.

Global Medical digital imaging systems Market Scope:

Product type analysis

X-rays, ultrasound devices, and CT scanners can be used to segment the market. Based on their respective products, MRI and nuclear imaging are other segments. With a 25.2% percentage, CT has the largest market share. Nuclear imaging is anticipated to experience the largest growth during the anticipated timeframe.

The creation of radiotracers, the rise in cancer cases, and the introduction of new goods due to technological improvements are all good for the market as a whole. 1,762,450 new cases of cancer were reported in the United States in 2019, according to the American Cancer Society. The growth of the CT segment will be influenced by the development of radiotracers like single-photon emission computed tomography (SPECT), which improves image quality while exposing less radiation.

Technology analysis

Based on technology, the market for medical digital imaging equipment has been split into the 2D and 3D/4D categories. Black and white (BnW) and color are additional divisions of 2D. The major portion of the market share in 2021 was accounted for by 2D technology. Both developed and developing nations will use 3D technology most widely. The human body may now be accurately and effectively visualized in real-time thanks to advances in 3D/4D imaging technology. For patients, this reduces distortion.

Real-time movement can be seen with 4D imaging, which is 3D. The global market for 3D- and 4D devices will expand profitably throughout the projected period as a result of the increased use of these technologies for fetal health monitoring.

Кеу Маrkеt Ѕеgmеntѕ

By Product

• MRI
• X-ray
• Ultrasound
• CT
• Nuclear Imaging

By Technology

• 2D
• 3D/4D

Market Dynamics:

Positron emission tomography/ computed tomography (CT), allows simultaneous determination of the metabolic information for PET and CT. High-resolution CT allows for images with a higher spatial resolution. Magnetic resonance imaging is replacing older techniques like CT, myelography, and arthrography.

Digital imaging offers many clinical and economic advantages, including instant access to radiology studies and a lower risk of data loss and theft. Automating procedures reduce waiting times, which increases efficiency and maximizes returns on investment. These benefits can offset the cost of equipment and infrastructure.

Regional Analysis

The market was divided geographically into North America, Europe, Asia Pacific, and Latin America. In 2021, North America dominated the market with a 34.1 % revenue share. It is due to its high adoption rate of advanced technology, better healthcare infrastructure, high purchasing power, and favorable reimbursement arrangements. Asia Pacific will experience the highest CAGR, 10.4%, over the forecast period. This is due to the higher government incentives and lower cost of clinical trials.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

As part of their attempts to strengthen their market position, major players are implementing strategies like product upgrades, strategic agreements, and new product launches. To improve customer experience, they are also looking to form strategic partnerships with financial services providers. MoneyGram International, a U.S.-based B2B, and P2P payments company, announced in April 2021 a partnership with Sigue. Sigue’s customers were able to access MoneyGram International’s new MoneyGram as a service business line.

Other financial institutions on Sigue platforms could also access MoneyGram International’s most recent API-driven payment technology. Key players are also investing heavily in expanding their product lines. Safaricom, for instance, announced in January 2021 the M Pesa billing management service. This service was designed to be used by landlords, schools, utilities, landlords, as well as other businesses that are subject to repeated customer payments.

The platform provides details about the customer such as pending payments, reminders, and electronic bills. The following are some of the major players in the global medical digital imaging systems market:

Мarkеt Кеу Рlауеrѕ:

• Esaote SPA
• Shimadzu
• Canon Medical Systems Corporation
• GE Healthcare
• Siemens Healthineers
• Koninklijke Philips N.V
• Hologic
• Hitachi
• Other Key Players

For the Medical Digital Imaging Systems Market research study, the following years have been considered to estimate the market size: