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Global Medical Imaging Equipment Market 2022: Size and Share by Advanced Technologies, Growth, Sales-Revenue Analysis and Demands by 2026

Dallas, Texas, United States - June 29, 2022 /MarketersMEDIA/

In 2021, Global medical imaging equipment Market was valued at US$38.36 billion in 2021, and is expected to reach up to US$48.58 billion in 2026.

An increase in demand for 3D medical imaging devices is one of the key factors expected to move the global medical imaging equipment market forward. Product makers can stay ahead of the competition thanks to advancements in digital technology deployment, imaging equipment, automation, and other technological breakthroughs. Governments might increase their investments in high-tech imaging equipment to ensure cost-effectiveness, safety, and dependability. Medical imaging is a technique for generating diverse inside pictures of the body for illness diagnosis and therapy. This technique is most important in improving people's health throughout the world since it may aid in the early detection of certain inside ailments and the proper treatment of such disorders.

The key players of medical imaging equipment market are:

Siemens Healthineers

Koninklijke Philips N.V.

Canon Medical Systems Corporation

General Electric Company (GE)

FujiFilm Corporation

Shimadzu Corporation

Hologic, Inc.

Onex Corporation (Carestream Health, Inc)

Samsung Electronics (Samsung Medison)

Esaote SpA

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Technological improvements in the healthcare industry are projected to propel the global medical imaging equipment market. Manufacturers are extending their manufacturing capacity for medical imaging equipment in order to fulfill the increased demand from the healthcare industry. The growing use of digitally upgraded technology for quick and exact diagnostics is propelling the global market. The rapid growth of the global medical imaging equipment market is partly owing to ongoing R&D in medical imaging equipment manufacturing processes.

Due to the rising frequency of chronic illnesses and severe injuries, the number of imaging procedures such as CT (computed tomography), MRI (magnetic resonance imaging), and others are predicted to rise, boosting the growth of the medical imaging equipment market throughout the forecast period. Demand for diagnosis and treatment of cardiovascular illnesses is predicted to grow as the frequency of cardiac ailments rises. As a consequence, the market for medical imaging equipment is expected to grow throughout the forecast period.

Organizations in the global medical imaging equipment market are focusing on manufacturing high-quality, technologically complex devices in order to establish viable income streams. The medical imaging equipment market is being driven by a steady increase in demand for medical imaging equipment in the healthcare industry, owing to an increase in the prevalence of illnesses such as cancer and other neurological and chronic disorders throughout the world.

Furthermore, the rising need for effective and efficient imaging technologies for diagnosis and rising patient awareness of early-stage diagnosis are two drivers driving the market upward throughout the forecast period. The growing population with an unhealthy lifestyle, rising occurrences of chronic diseases including cardiovascular disease, cancer, gastrointestinal problems, and numerous genetic alterations that necessitate improved imaging equipment are all projected to boost the medical imaging equipment market growth.

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