Asia Pacific Medical Imaging Market 2020 Brief Analysis || Leading Players
Market
Insights:
The Asia Pacific Medical Imaging Market research is the compilation of all
the key drivers, opportunities, restraints, and challenges that directly influence
the market. The report is beneficial to
the readers since it helps them to understand the current market scenario
including trends. The report impactful factors are described with details to
help business owners, distributors, suppliers, and more in planning their
future activities carefully and gain significant profits in the coming years.
Demand for minimally invasive and rapid diagnostic methods
are rising in the developing economies. The growth is attributed to the
complication and risk associated with the invasive methods. Invasive methods
are often riskier compared to minimally invasive technique. Severe blood loss,
prolonged time for recovery, and complexity involved in the invasive procedures
may discourage the patients, leading to increased demand for minimally invasive
methods. Also, minimally invasive surgery offers a higher accuracy rate and
smaller inclusions compared to traditional open surgery. As a result, the
demand is rapidly growing for minimally invasive procedures favoring the market
growth.
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Based on product, the Asia Pacific medical imaging market is
segmented into nuclear imaging, X-ray devices, ultrasound, computed tomography,
magnetic resonance imaging, and mammography. Amongst them, the computed
tomography segment held more than USD 1.2 billion in 2019. CT scanners offer
several advantages when compared with the other imaging techniques such as
X-ray and MRI scanning and provides excellent results for imaging of bones and
soft tissues. CT is becoming a method of choice for imaging, specifically among
trauma patients. As, CT exams are simple, fast and enable a quick overview of
possibly life-threatening tumors. Moreover, CT scan reduces the length of
hospitalizations by providing high spatial resolution and good soft tissue
resolution thus, enhancing the Asia Pacific Medical Imaging Market growth.
Based on the end-use, the Asia Pacific medical imaging
market is classified into hospitals, diagnostic centers and others. Amongst
them, the diagnostic centers segment captured over 29% market share in 2019.
The adoption of diagnostic centers is increasing significantly in Southeast
Asian countries including Thailand and Malaysia, fostering the market growth.
Rising demand for advanced imaging modalities in diagnostic centers for
effective patient treatment coupled with availability of well-developed
infrastructure and skilled healthcare professionals will further surge the
business growth.
India medical imaging market is anticipated to witness
around 15% market share in 2019. Improved access to healthcare facilities to
patients aiding more use of imaging devices such as CT scans, as proposed by
Indian Government will favor medical imaging industry growth. Several
manufacturers are aiming to train and educate healthcare workers in India. For
instance, GE Healthcare made an initiative in India to ensure improvement in
healthcare sector. The initiative was made to educate and train healthcare
workers in association with healthcare training institutes and hospitals.
Hence, the abovementioned factors will boost the Asia Pacific Medical Imaging
Market growth.
Some of the leading Asia Pacific Medical Imaging
Market players functioning in the Asia Pacific market are Carestream Health
Inc., Esaoate SpA, Hologic Inc., GE Healthcare, Siemens Healthineers, Konica
Minolta, Inc., Koninklijke Philips N.V., Samsung Medison Co.Ltd, Fujifilm Corporation,
and Canon Medical Systems Corporation. These industry players are focusing on
broadening its product portfolio to maintain strong foothold in Asia Pacific
market. For instance, in July 2020,
Hologic launched SuperSonic MACH 40 Ultrasound system. This strategy helped the
company in expanding its existing product portfolio.
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Chapter 1 Methodology
1.1 Definition and forecast parameters
1.1.1 Definitions
1.1.2 Methodology and forecast parameters
1.2 Data sources
1.3 References & sources
1.3.1 Secondary
1.3.2 Primary
Chapter 2 Executive Summary
2.1 Asia Pacific medical imaging industry
summary, 2015 - 2026
2.1.1 Country trends
2.1.2 Product trends
2.1.3 End-use trends
Chapter 3 Industry Insights
3.1 Industry segmentation
3.2 Industry outlook, 2015 - 2026
3.3 Major factor analysis
3.3.1 Drivers
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