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New Zealand Medical Imaging Services Market by Modality (X-ray, Ultrasound, Computed Tomography (CT) Scan, Magnetic Resonance Imaging (MRI), Nuclear Imaging, and Mammography), Application (Cardiovascular & Thoracic, Gynecology/Obstetrics, Neuro and Spine, General Imaging, Breast Health Orthopedics & Musculoskeletal, and Others) Provider (Public Provider and Private Provider), and Payer (District Health Board, Accident Compensation Commission, Private Health Insurance, Patients, and Others): Opportunity Analysis and Industry Forecast, 2018 - 2025

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Pages: 199
Mar 2019 | 2105 Views
 
Author(s) : Sagar Mukhekar & Sanjivan Gill
Tables: 49
Charts: 67
 

New Zealand Medical Imaging Services Market Outlook - 2025

The New Zealand medical imaging services market was valued at $285 million in 2017, and is estimated to reach at $500 million by 2025, registering a CAGR of 7.3% from 2018 to 2025.

Medical imaging consists of different types of diagnostic devices, which are used to create visual representations of the interior body for the identification of various ailments. It also reveals the internal structures, which are hidden by skin and bones to identify abnormalities in a human body. It plays an important role in modern medicine and the modalities include X-ray, magnetic resonance imaging, computed tomography, ultrasound, and others. These find applications in various clinical fields for instance, in breast health, gynecology, neuro & spinal imaging, cardiovascular & thoracic imaging, and others. Medical imaging services are offered by clinics, hospitals, and other healthcare facilities and the expenses are borne by either the patients or the government or private payers.

The major factors that drive the market growth are the increase in chronic diseases coupled with the rise in technological advancements in medical imaging modalities. For instance, the introduction of fractional flow reserve-computed tomography (FFR-CT) from HeartFlow Inc. In 2014, revolutionized the healthcare industry as this device offers invasive catheter-based fractional flow reserve (FFR) measurements used in cardiac catheterization. Moreover, the increase in demand for combined use of medical imaging modalities is expected to create lucrative opportunities for key market players. For instance, the combined use of PET/CT scans for definitive diagnosis of cancer is on a constant rise in New Zealand.

In addition, surge in need for early diagnosis of various medical conditions such as breast cancer boosts the growth of the New Zealand medical imaging services market. However, high cost of sophisticated medical imaging modalities coupled with the shortage of helium will restrict the growth of the New Zealand medical imaging services market.

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New Zealand Medical Imaging Services Market Segmentation

Based on modality, the New Zealand medical imaging services market is segmented into computed tomography (CT) scan, X-ray imaging, magnetic resonance imaging (MRI), ultrasound, nuclear imaging and mammography. Based on application, the market is divided into cardiovascular & thoracic, gynecology/obstetrics, neuro & spine, general imaging, breast health orthopedics & musculoskeletal, and others. By provider, it is categorized into public provider and private provider. According to payer, the market is classified into district health board, accident compensation commission, private health insurance, patients, and others. Based on city, the market is analyzed across Auckland, Wellington, Christchurch, Hamilton, Tauranga, and rest of New Zealand.

Segment review

According to modality, the ultrasound segment in terms of value segment accounted for the highest share in 2017 growing at a CAGR of 7.5% during the forecast period. The factors contributing toward the growth of this segment include the easy availability of the service at various hospitals. Computed tomography in terms of value is the fastest growing segment with a CAGR of 7.9% during the forecast period, owing to technological advancements such as scan organs and joints in a single rotation.

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The cardiovascular and thoracic segment occupied the largest New Zealand medical imaging services market share in 2017 registering a CAGR of 7.3% during the forecast period. The growth was attributed to surge in prevalence of medical conditions related to heart such as heart stroke and others. Moreover, breast health was the fastest growing segment registering a CAGR of 8.6% from 2018-2025, owing to the rise in prevalence of breast cancer. In addition, increase in awareness related to need of early screening of in breast cancer majorly fuels the growth of the New Zealand medical imaging services market growth.

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According to payer, the market is divided into district health board, accident compensation commission, private health insurance, patients, and others. The district health board segment occupied the largest New Zealand medical imaging services market share in 2017 registering a CAGR of 7.6% during the forecast period and is expected to maintain the lead during the forecast period. The growth was attributed to the large presence of government hospitals in the country. For instance, there are around 220 hospitals and 20 district health boards managing public healthcare in various regions of New Zealand. Moreover, public healthcare system of New Zealand offers high standards of care and provides significant amount of healthcare services in the country. In addition, 83% of the healthcare expenditures in New Zealand are paid by the district health board in the country.

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Key Benefits for New Zealand Medical Imaging Services Market:

  • This report entails a detailed quantitative analysis along with current New Zealand medical imaging services market trends of from 2017 to 2025 to identify the prevailing opportunities along with strategic assessment.
  • The New Zealand medical imaging services market forecast is studied from 2018 to 2025.
  • New Zealand medical imaging services market size and estimations are based on a comprehensive analysis of key developments in the New Zealand medical imaging services industry.
  • A qualitative analysis based on innovative products facilitates strategic business planning.
  • The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.

New Zealand Medical Imaging Services Key Market Segments:

By Modality

  • Computed Tomography (CT) Scan
  • X-ray Imaging
  • Magnetic Resonance Imaging (MRI)
  • Ultrasound Imaging
  • Nuclear Imaging
  • Mammography

By Application

  • Obstetrics/Gynecology (OB/GYN) Health
  • Orthopedics & Musculoskeletal
  • Neuro & Spine
  • Cardiovascular & Thoracic
  • General Imaging
  • Breast Health
  • Others

By Provider

  • Public Provider
  • Private Provider

By Payer

  • District Health Board
  • Accident Compensation Commission
  • Private Health Insurance
  • Patients
  • Others

By City

  • Christchurch
  • Auckland
  • Wellington
  • Hamilton
  • Tauranga
  • Rest of New Zealand
 

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments

1.3.1. List of key players profiled in the report (service providers)
1.3.2. List of key players profiled in the report (device providers)

1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. Key findings of the study
2.2. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets

3.3. Porters five forces analysis
3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Technological advancements related to medical imaging modalities
3.4.1.2. Increase in incidence of chronic diseases
3.4.1.3. Surge in need for early diagnosis of diseases

3.4.2. Restraints

3.4.2.1. Shortage of helium hampers the adoption of MRI systems
3.4.2.2. High cost of sophisticated medical imaging modalities

3.4.3. Opportunity

3.4.3.1. Increase in demand for use of multiple medical imaging modalities together

3.4.4. Challenge

3.4.4.1. Dearth of skilled radiologists

Chapter: 4: NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY MODALITY

4.1. Overview

4.1.1. Market size and forecast (value and volume)

4.2. Computed tomography (CT) scan

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast (value and volume)

4.3. X-ray imaging

4.3.1. Install base of X-ray imaging equipment in New Zealand (2018)
4.3.2. Key market trends
4.3.3. Growth factors and opportunities
4.3.4. Market size and forecast (value and volume)

4.4. Magnetic resonance imaging (MRI)

4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast (value and volume)

4.5. Ultrasound imaging

4.5.1. Install base of ultrasound imaging equipment in New Zealand (2018)
4.5.2. Key market trends
4.5.3. Growth factors and opportunities
4.5.4. Market size and forecast (value and volume)

4.6. Nuclear imaging

4.6.1. Key market trends
4.6.2. Growth factors and opportunities
4.6.3. Market size and forecast (value and volume)

4.7. Mammography

4.7.1. Key market trends
4.7.2. Growth factors and opportunities
4.7.3. Market size and forecast (value and volume)

Chapter: 5: NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY APPLICATION

5.1. Overview

5.1.1. Market size and forecast

5.2. Cardiovascular & thoracic

5.2.1. Market size and forecast

5.3. Gynecology/obstetrics

5.3.1. Market size and forecast

5.4. Neuro & spine

5.4.1. Market size and forecast

5.5. Breast health

5.5.1. Market size and forecast

5.6. General imaging

5.6.1. Market size and forecast

5.7. Orthopedics & musculoskeletal

5.7.1. Market size and forecast

5.8. Others

5.8.1. Market size and forecast

Chapter: 6: NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY CITY

6.1. Overview

6.1.1. Market size and forecast

6.2. Auckland

6.2.1. Market size and forecast

6.3. Wellington

6.3.1. Market size and forecast

6.4. Christchurch

6.4.1. Market size and forecast

6.5. Hamilton

6.5.1. Market size and forecast

6.6. Tauranga

6.6.1. Market size and forecast

6.7. Rest of New Zealand

6.7.1. Market size and forecast

Chapter: 7: NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY PROVIDER

7.1. Overview

7.1.1. Market size and forecast

7.2. Public provider

7.2.1. Market size and forecast

7.3. Private provider

7.3.1. Market size and forecast

Chapter: 8: NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY PAYER

8.1. Overview

8.1.1. Market size and forecast

8.2. District health boards

8.2.1. Market size and forecast

8.3. Accident Compensation Commission (ACC)

8.3.1. Market size and forecast

8.4. Private health insurance

8.4.1. Market size and forecast

8.5. Patients

8.5.1. Market size and forecast

8.6. Others

8.6.1. Market size and forecast

Chapter: 9: COMPANY PROFILES, KEY SERVICE PROVIDERS

9.1. Horizon Radiology

9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Service portfolio

9.2. Sonic Healthcare Limited

9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Operating business segments
9.2.4. Service portfolio
9.2.5. Business performance

9.3. TRG Imaging

9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Service portfolio

9.4. Ascot Central

9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Service portfolio

9.5. eastMED Radiology Auckland

9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Service portfolio

Chapter: 10: COMPANY PROFILES, KEY MANUFACTURERS

10.1. Canon Inc. (Canon Medical Systems Corporation)

10.1.1. Company overview
10.1.2. Company snapshot
10.1.3. Operating business segments
10.1.4. Product portfolio
10.1.5. Business performance
10.1.6. Key strategic moves and developments

10.2. Esaote S.p.A.

10.2.1. Company overview
10.2.2. Company snapshot
10.2.3. Operating business segments
10.2.4. Product portfolio

10.3. Fujifilm Holdings Corporation

10.3.1. Company overview
10.3.2. Company snapshot
10.3.3. Operating business segments
10.3.4. Product portfolio
10.3.5. Business performance

10.4. General Electric Company (GE Healthcare)

10.4.1. Company overview
10.4.2. Company snapshot
10.4.3. Operating business segments
10.4.4. Product portfolio
10.4.5. Business performance
10.4.6. Key strategic moves and developments

10.5. Hitachi Limited (Hitachi Medical Corporation)

10.5.1. Company overview
10.5.2. Company snapshot
10.5.3. Operating business segments
10.5.4. Product portfolio
10.5.5. Business performance

10.6. Hologic, Inc.

10.6.1. Company overview
10.6.2. Company snapshot
10.6.3. Operating business segments
10.6.4. Product portfolio
10.6.5. Business performance

10.7. Koninklijke Philips N.V. (Philips Healthcare)

10.7.1. Company overview
10.7.2. Company snapshot
10.7.3. Operating business segments
10.7.4. Product portfolio
10.7.5. Business performance
10.7.6. Key strategic moves and developments

10.8. Samsung Electronics Co., Ltd. (Samsung Medison)

10.8.1. Company overview
10.8.2. Company snapshot
10.8.3. Operating business segments
10.8.4. Product portfolio
10.8.5. Business performance

10.9. Shimadzu Corporation

10.9.1. Company overview
10.9.2. Company snapshot
10.9.3. Operating business segments
10.9.4. Product portfolio
10.9.5. Business performance

10.10. Siemens AG (Siemens Healthcare)

10.10.1. Company overview
10.10.2. Company snapshot
10.10.3. Operating business segments
10.10.4. Product portfolio
10.10.5. Business performance

LIST OF TABLES

TABLE 01. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY MODALITY, 20172025 ($MILLION)
TABLE 02. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY SCANS, 20172025 (THOUSAND UNITS)
TABLE 03. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 04. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY CITY, 20172025 ($MILLION)
TABLE 05. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY PROVIDER, 20172025 ($MILLION)
TABLE 06. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY PROVIDER, 20172025 (THOUSAND UNIT)
TABLE 07. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY PAYER, 20172025 ($MILLION)
TABLE 08. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, BY PAYER, 20172025 (THOUSAND UNIT)
TABLE 09. HORIZON: COMPANY SNAPSHOT
TABLE 10. HORIZON: SERVICE PORTFOLIO
TABLE 11. SONIC HEALTHCARE LIMITED: COMPANY SNAPSHOT
TABLE 12. SONIC HEALTHCARE LIMITED: OPERATING SEGMENTS
TABLE 13. SONIC HEALTHCARE LIMITEDS: SERVICE PORTFOLIO
TABLE 14. TRG IMAGING: COMPANY SNAPSHOT
TABLE 15. TRG IMAGING: SERVICE PORTFOLIO
TABLE 16. ASCOT RADIOLOGY: COMPANY SNAPSHOT
TABLE 17. ASCOT RADIOLOGY: SERVICE PORTFOLIO
TABLE 18. EASTMED RADIOLOGY AUCKLAND: COMPANY SNAPSHOT
TABLE 19. EASTMED RADIOLOGY AUCKLAND: SERVICE PORTFOLIO
TABLE 20. CANON: COMPANY SNAPSHOT
TABLE 21. CANON: OPERATING SEGMENTS
TABLE 22. CANON: PRODUCT PORTFOLIO
TABLE 23. ESAOTE S.P.A.: COMPANY SNAPSHOT
TABLE 24. ESAOTE S.P.A.: OPERATING SEGMENTS
TABLE 25. ESAOTE S.P.A.: PRODUCT PORTFOLIO
TABLE 26. FUJIFILM: COMPANY SNAPSHOT
TABLE 27. FUJIFILM: OPERATING SEGMENTS
TABLE 28. FUJIFILM: PRODUCT PORTFOLIO
TABLE 29. GE HEALTHCARE: COMPANY SNAPSHOT
TABLE 30. GE HEALTHCARE: OPERATING SEGMENTS
TABLE 31. GE HEALTHCARE: PRODUCT PORTFOLIO
TABLE 32. HITACHI: COMPANY SNAPSHOT
TABLE 33. HITACHI: OPERATING SEGMENTS
TABLE 34. HITACHI: PRODUCT PORTFOLIO
TABLE 35. HOLOGIC: COMPANY SNAPSHOT
TABLE 36. HOLOGIC: OPERATING SEGMENTS
TABLE 37. HOLOGIC: PRODUCT PORTFOLIO
TABLE 38. PHILIPS: COMPANY SNAPSHOT
TABLE 39. PHILIPS: OPERATING SEGMENTS
TABLE 40. PHILIPS: PRODUCT PORTFOLIO
TABLE 41. SAMSUNG: COMPANY SNAPSHOT
TABLE 42. SAMSUNG: OPERATING SEGMENTS
TABLE 43. SAMSUNG: PRODUCT PORTFOLIO
TABLE 44. SHIMADZU CORPORATION: COMPANY SNAPSHOT
TABLE 45. SHIMADZU CORPORATION: OPERATING SEGMENTS
TABLE 46. SHIMADZU CORPORATION: PRODUCT PORTFOLIO
TABLE 47. SIEMENS: COMPANY SNAPSHOT
TABLE 48. SIEMENS: OPERATING SEGMENTS
TABLE 49. SIEMENS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET SEGMENTATION
FIGURE 02. TOP INVESTMENT POCKETS
FIGURE 03. MODERATE BARGANING POWER OF PROVIDERS
FIGURE 04. LOW BARGAINING POWER OF CONSUMERS
FIGURE 05. MODERATE TO HIGH THREAT OF NEW ENTRANTS
FIGURE 06. LOW TO MODERATE THREAT OF SUBSTITUTES
FIGURE 07. HIGH COMPETITIVE RIVALRY
FIGURE 08. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITY, AND CHALLENGE:
FIGURE 09. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET SEGMENTATION, BY MODALITY
FIGURE 10. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR COMPUTED TOMOGRAPHY (CT) SCAN, 20172025 (VALUE AND VOLUME)
FIGURE 11. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR X-RAY IMAGING, 20172025 (VALUE AND VOLUME)
FIGURE 12. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR MAGNETIC RESONANCE IMAGING (MRI), 20172025 (VALUE AND VOLUME)
FIGURE 13. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR ULTRASOUND IMAGING, 20172025 (VALUE AND VOLUME)
FIGURE 14. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR NUCLEAR IMAGING, 20172025 (VALUE AND VOLUME)
FIGURE 15. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR MAMMOGRAPHY, 20172025 (VALUE AND VOLUME)
FIGURE 16. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET SEGMENTATION, BY APPLICATION
FIGURE 17. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR CARDIOVASCULAR & THORACIC, 20172025 ($MILLION)
FIGURE 18. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR OBSTETRICS/GYNECOLOGY (OB/GYN) HEALTH, 20172025 ($MILLION)
FIGURE 19. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR NEURO & SPINE, 20172025 ($MILLION)
FIGURE 20. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR BREAST HEALTH, 20172025 ($MILLION)
FIGURE 21. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR GENERAL IMAGING, 20172025 ($MILLION)
FIGURE 22. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR ORTHOPEDICS & MUSCULOSKELETAL, 20172025 ($MILLION)
FIGURE 23. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR OTHERS, 20172025 ($MILLION)
FIGURE 24. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET SEGMENTATION, BY CITY
FIGURE 25. AUCKLAND MEDICAL IMAGING SERVICES MARKET, 20172025 ($MILLION)
FIGURE 26. AUCKLAND MEDICAL IMAGING SERVICES MARKET, 20172025 ($MILLION)
FIGURE 27. CHRISTCHURCHM EDICAL IMAGING SERVICES MARKET, 20172025 ($MILLION)
FIGURE 28. HAMILTON MEDICAL IMAGING SERVICES MARKET , 20172025 ($MILLION)
FIGURE 29. TAURANGA MEDICAL IMAGING SERVICES MARKET , 20172025 ($MILLION)
FIGURE 30. REST OF NEW ZEALAND MEDICAL IMAGING SERVICES MARKET, 20172025 ($MILLION)
FIGURE 31. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET SEGMENTATION, BY PROVIDER
FIGURE 32. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR PUBLIC PROVIDER, 20172025 (VALUE AND VOLUME)
FIGURE 33. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR PRIVATE PROVIDER, 20172025 (VALUE AND VOLUME)
FIGURE 34. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET SEGMENTATION, BY PAYER
FIGURE 35. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR DISTRICT HEALTH BOARD, 20172025 (VALUE AND VOLUME)
FIGURE 36. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR ACCIDENT COMPENSATION COMMISSION, 20172025 (VALUE AND VOLUME)
FIGURE 37. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR PRIVATE HEALTH INSURANCE, 20172025 (VALUE AND VOLUME)
FIGURE 38. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR PATIENTS, 20172025 (VALUE AND VOLUME)
FIGURE 39. NEW ZEALAND MEDICAL IMAGING SERVICES MARKET FOR OTHERS, 20172025 (VALUE AND VOLUME)
FIGURE 40. SONIC HEALTHCARE LIMITED: NET SALES, 20152017 ($MILLION)
FIGURE 41. SONIC HEALTHCARE LIMITED: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 42. SONIC HEALTHCARE LIMITED: REVENUE SHARE BY REGION, 2017 (%)
FIGURE 43. CANON: NET SALES, 20142016 ($MILLION)
FIGURE 44. CANON: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 45. CANON: REVENUE SHARE BY REGION, 2017 (%)
FIGURE 46. FUJIFILM: NET SALES, 20152017 ($MILLION)
FIGURE 47. FUJIFILM: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 48. FUJIFILM: REVENUE SHARE BY REGION, 2017 (%)
FIGURE 49. GE HEALTHCARE: NET SALES, 20162018 ($MILLION)
FIGURE 50. GE HEALTHCARE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 51. GE HEALTHCARE: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 52. HITACHI: NET SALES, 20162018 ($MILLION)
FIGURE 53. HITACHI: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 54. HOLOGIC: NET SALES, 20152017 ($MILLION)
FIGURE 55. HOLOGIC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 56. HOLOGIC: REVENUE SHARE BY REGION, 2017 (%)
FIGURE 57. PHILIPS: NET SALES, 20162018 ($MILLION)
FIGURE 58. PHILIPS: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 59. PHILIPS: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 60. SAMSUNG: NET SALES, 20142016 ($MILLION)
FIGURE 61. SAMSUNG: REVENUE SHARE BY REGION, 2016 (%)
FIGURE 62. SHIMADZU CORPORATION: NET SALES, 20152017 ($MILLION)
FIGURE 63. SHIMADZU CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 64. SHIMADZU CORPORATION: REVENUE SHARE BY REGION, 2017 (%)
FIGURE 65. SIEMENS: NET SALES, 2016-2018 ($MILLION)
FIGURE 66. SIEMENS: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 67. SIEMENS: REVENUE SHARE BY REGION, 2018 (%)

 

Medical imaging is a crucial part of health management in a patient. It helps monitor the patient’s body from the inside. Clinical advantages of these services are significant and affect critical decision making at every stage of patient management. These modalities have experienced a technological revolution in recent years in New Zealand. This propels the growth in demand for medical imaging services in the country. Auckland city has shown major contribution to the revenue generated by the New Zealand medical imaging services market in 2017. This is attributed to the rise in incidence of communicable cases in the city along with the presence of established service providers.

Key factors that contribute toward the market growth include technological advancements related to medical imaging modalities, increase in incidence of chronic diseases, and high focus on early diagnosis of diseases. However, shortage of helium hampers the adoption of MRI systems, and high cost of sophisticated medical imaging modalities is expected to restrain the market growth. Increase in demand for use of multiple medical imaging modalities together is set to offer lucrative opportunities for the market expansion in near future.

 

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