Allied Market Research

2024

Adult Medical Imaging Market

Adult Medical Imaging Market Size, Share, Competitive Landscape and Trend Analysis Report by Type and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

LS : Medical Devices & Supplies

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Author's: | Roshan Deshmukh
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Medical imaging is related to different technologies which are used to view the human body to treat medical conditions and keep a track of them. Different technologies give additional information of various body parts which are being treated injury, related to possible disease, or effectiveness of medical treatment. Technologies of imaging such as ultrasound, CT scans, X-rays, and MRI allow a physician to investigate very fine details of the health condition of the patient and help to treat them effectively. The surge in the development of technology has enhanced the integration of artificial intelligence (AI) to merge with the other technologies mentioned above. Additionally, it allows for long-term data storage which may be required for future treatments.

Impact of COVID-19 Pandemic on Adult Medical Imaging Market (Pre and Post Analysis)

  • The rise in the need for frequent chest imaging to observe the long-term side effects of COVID-19 is expected to fuel the demand for imaging modalities, especially in clinics, hospitals, and primary healthcare centers.
  • The outbreak of the COVID-19 is likely to have a moderate impact on the adult medical imaging market in the forecast period. Research and development activities to identify the threat of the SARS-CoV-2 virus on the patients suffering are likely to slow the adult medical imaging market growth.
  • COVID-19 has brought about a significant burden on the healthcare industry globally, with disruption in the treatment of non-communicable diseases. Challenges exist in providing effective care.
  • Realizing the disturbing healthcare trends, governments are making efforts to provide excellent quality healthcare to patients globally.
  • Nationwide lockdowns, canceled or postponed elective surgeries, denied wound care services, rise in skin injuries may lead to a decline during the forecast timeline. However, on the flip side, the latter half of the forecast is predicted to show a drastic rise.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Factors that drive the industry are rising the demand for diagnosis of chronic diseases and the increase in the geriatric population, which is predicted to boost the demand for diagnostic imaging across the world. Supportive investments coupled with technological investments and raising of funds by the government and private institutions especially in the emerging economies like India and China are predicted to fuel the adult medical imaging market in the forecast timeline. For example, Allergens in 2020 launched with the collaboration of Canon Medical, India’s first manufactured local 32 slice CT scanner.

Similarly, the rise in surge for state-of-art imaging modalities by universities and hospitals for teaching and training for updated technological advancements is expected to pave the way for the market in the years to come. 
For example, Siemens Healthineers’ MAGNETOM Terra, has been installed in U.S. which is the only approved 7T MRI system. Another example of the 7T MRI/PET system which has recently been shown successfully installed in Wohl Institute for Translational Medicine, Hadassah-Hebrew University Medical Center’s, Jerusalem (Israel). 

As per the article published in the American College of Radiology, researchers from the University of Southern California (USCA) and University of California at Los Angeles (ULCA) are likely to design MRI suits that can reduce high transmission risks to radiologists, patients and operators.

North America is likely to dominate the market of adult medical imaging market due to the high adoption of advanced medical imaging modalities and favorable reimbursement scenarios and high patient awareness. Asia-Pacific is likely to grow at a faster rate in the forecast period due to the high prevalence of chronic diseases and growth trends of diagnostic practices that can be preventive are expected to boost the adult medical imaging market.

Key Benefits of the Report:

  • This study presents the analytical depiction of the global adult medical imaging market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global adult medical imaging market share.
  • The current market is quantitatively analyzed to highlight the global adult medical imaging market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global adult medical imaging market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions Answered in the Adult Medical Imaging Market Research Report:

  • What are the leading market players active in the adult medical imaging market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?

Adult Medical Imaging Market Report Highlights

Aspects Details
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By Type
  • X-Ray Devices
  • Ultrasound Devices
  • MRI
  • CT
  • Others
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By Application
  • Hospitals
  • Diagnostic Centers
  • Others
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By Region
  • North America  (UNITED STATES, CANADA, MEXICO)
  • Europe  (FRANCE, GERMANY, ITALY, SPAIN, UNITED KINGDOM, Russia, Rest of Europe)
  • Asia-Pacific  (CHINA, JAPAN, INDIA, SOUTH KOREA, AUSTRALIA, THAILAND, MALAYSIA, INDONESIA, Rest of Asia Pacific)
  • LAMEA  (Brazil, South Africa,, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Axim, Keystone Medical, Fujifilm Holdings Corporation, GE Healthcare, Hologic Inc., Hitachi Medical Corporation., Siemens Healthineers AG, Koninklijke Philips NV, Canon Inc., Carestream Health Inc.

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Adult Medical Imaging Market

Global Opportunity Analysis and Industry Forecast, 2023-2032