Medical Imaging Equipment Services Market Size

At 5.2% CAGR, Medical Imaging Equipment Services Market to Garner $27.49 Billion by 2027

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The global Medical Imaging Equipment Services market gathered revenue around USD 15.24 Billion in 2020 and market is set to grow USD 27.49 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 5.2% during the prediction period 2021 to 2027.

This report analyzes the current and future prospects of the global medical imaging equipment services market. Rise in demand for advanced diagnostics for accurate diagnosis of life-threatening diseases is a key factor projected to fuel the growth of the global medical imaging equipment services market during the forecast period.

The report provides an elaborate executive summary, which comprises a snapshot of the various segments of the global medical imaging equipment services market. The report also provides information and data analysis of the global medical imaging equipment services market about segments based on modality, service provider, service type, end-user, and region.

The overview section of the report provides detailed qualitative analysis of drivers and restraints affecting the global medical imaging equipment services market along with opportunities in the global market .Additionally, the global medical imaging equipment services market report includes company profiles and competition matrix, which provide data about their businesses, product portfolios, and competitive landscape in the global medical imaging equipment services market.The report includes data analysis on the global medical imaging equipment services market attractiveness by region and segments

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Key Players:

This report provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the Medical Imaging Equipment Services market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the Medical Imaging Equipment Services market include Agfa-Gevaert Group, Althea Group, Canon Medical Systems Corporation (Canon, Inc.), Carestream Health (ONEX Corporation), GE Healthcare (General Electric Company), Koninklijke Philips N.V., Hologic, Inc., Fujifilm Holding Corporation, Shimadzu Corporation, Siemens Healthineers (Siemens AG), and Universal Hospital Services, Inc.

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

Global Medical Imaging Equipment Services Market: Segmentation

  • Medical Imaging Equipment Services Market, by Modality
    • Ultrasound
    • MRI
    • CT
    • X-ray
    • Others
  • Medical Imaging Equipment Services Market, by Services Provider
    • Original Equipment Manufacturers
    • Independent Service Providers Cardiology
  • Medical Imaging Equipment Services Market, by Services Type
    • Equipment Removal & Relocation
    • Equipment Repair & Maintenance
    • Refurbished Systems
    • Technical Training
    • Software Upgrades
  • Medical Imaging Equipment Services Market, by End-user
    • Hospitals
    • Diagnostic Centers
    • Others

Regional Segmentation:

– North America Region (U.S., Canada, Mexico)

– Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)

– Asia-Pacific Region (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

– South America Region (Brazil, Argentina, Columbia, Rest of South America)

– The Middle East & Africa Region (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Despite unprecedented implications of the COVID-19 outbreak, the market will gain impetus amidst soaring investment towards sophistication of the healthcare sector. The market survey offers compelling insights into key factors enabling growth through the assessment period. It underscores hidden opportunities across diverse segments. Besides uncovering hidden opportunities, the report presents exclusive insights into challenges posing threat to growth. Alongside this, it offers recommendations to navigate through unforeseen hindrances in the future, while keeping the business afloat.

Scope of the Study

This Medical Imaging Equipment Services market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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Final Report will add the analysis of the impact of COVID-19 on this industry.

Important years considered for this report:

Historical Years: 2017-2020

Base Year: 2020

Forecast Period: 2021-2027

Key Points Covered in Medical Imaging Equipment Services Market Survey

  • Demand will remain high in the U.S., backed by favourable reimbursement policies and presence of some of the leading market players.
  • Europe will continue showcasing high demand. Sales will remain high, especially in the U.K., Germany, France, and other countries.
  • China and India will exhibit high demand for Medical Imaging Equipment Services, backed by expanding healthcare sector.
  • Focus on research and development will increase in Brazil, creating opportunities for the expansion of the Medical Imaging Equipment Services market.
  • Hospitals are expected to showcase higher demand for Medical Imaging Equipment Services on account of greater access to advanced technologies and higher footfall of patients.
  • Driven by the presence of some of the leading pharmaceutical producers, demand in the Japan Medical Imaging Equipment Services market will continue increasing at a high pace.

Some of the key highlights covered in the report include:

  • Medical Imaging Equipment Services Market Demand-Supply Analysis -The report covers detailed insights into demand and supply forces prevailing in the global Medical Imaging Equipment Services market. It examines trends and factors influencing demand for Medical Imaging Equipment Services globally and gauges the impact of the same on the production.
  • Medical Imaging Equipment Services Pricing Analysis – The report presents exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.
  • Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.
  • Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for Medical Imaging Equipment Services across the world.
  • Competitive Analysis – Some of the leading market players are profiled in the report on Medical Imaging Equipment Services. The report offers estimation of share individually helps by the market players and determines the impact of some of their popular strategies.
  • COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.
  • Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global Medical Imaging Equipment Services market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Medical Imaging Equipment Services are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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