Global Market for Diagnostic Imaging is Estimated to be Growing at a CAGR of 6.60%

According to the report “Diagnostic Imaging Market ", published by Market Data Forecast, the global market is projected to reach USD 38.30 billion by 2021, at a CAGR of 6.60% from 2016 to 2021.

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Medical imaging is the method of making a visual image of the inside of the body for medical intervention. These devices aid in creating a databank of normal anatomy and physiology of internal organs so that any irregularity can be observed immediately.
The capability to generate pictures of a patient’s internal anatomy and alter them to film through diagnostic imaging has transformed the way many diseases and injuries are spotted, diagnosed, and treated. This market has applications in several medical arenas like cardiology, neurology, and orthopaedics. Internationally, most of the industrialized nations are spending a huge part of their GDP on healthcare necessities. The US is set to devote almost 20% of its GDP on healthcare by 2017, a higher
proportion than any other developed country.

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Factors such as an increasing prevalence of cancer and cardiac, neurological, and musculoskeletal disorders, rise in cognizance for prompt diagnosis, rising number of diagnostic imaging techniques, and improving healthcare infrastructure in developing markets are driving the growth for the global Diagnostic Imaging market.

Global Market for Diagnostic Imaging is segmented based on Type, Application and Region into further sub-segments as follows:

1. Based on Type:
• X-Rays
a) Portable X-Rays
b) Handheld X-Rays

• Nuclear Medicine
a) Scintigraphy
b) PET Imaging
c) SPECT Imaging

• Ultrasound
a) 2D
b) 3D
c) 4D
d) Doppler Imaging

• MRI
• Tomography
• Photoacoustic Imaging
• Thermography
• Tactile Imaging
• Elastography
• Functional near infrared spectroscopy
• Echocardiography

2. Based on Application:
• Cardiology
• Oncology
• Neurology
• Orthopedics
• Gastroenterology
• Gynecology
• Others

3. Geographical Segmentation:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

The major companies operating in the global Diagnostic Imaging market are GE Healthcare, Siemens Healthcare, Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Hologic Inc., Fujifilm Corporation, and Shimadzu Corporation.

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