The global market for Medical Imaging Equipment Services is estimated at US$21.7 Billion in 2023 and is projected to reach US$29.7 Billion by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the medical imaging equipment services market is driven by several factors. The increasing demand for advanced diagnostic imaging procedures is one major driver, as more healthcare facilities invest in cutting-edge imaging technologies to enhance their diagnostic capabilities. Additionally, the rising prevalence of chronic diseases and the aging population are leading to higher utilization rates of imaging equipment, necessitating regular maintenance and servicing. Technological advancements in imaging equipment also require specialized service expertise, further boosting the demand for professional services. Rise in demand for refurbished medical imaging equipment is also driving demand for services. Moreover, the trend towards value-based healthcare is encouraging hospitals and clinics to focus on maintaining their equipment in top condition to ensure high-quality patient care. Regulatory requirements mandating strict maintenance and calibration standards for medical imaging equipment are also contributing to market growth. Finally, the expansion of healthcare infrastructure in emerging markets is creating new opportunities for service providers, as these regions invest in modern medical imaging technologies to meet the growing healthcare needs. Together, these factors are fostering a dynamic and expanding market for medical imaging equipment services, presenting significant opportunities for continued growth and innovation.
The growth in the medical imaging equipment services market is driven by several factors. The increasing demand for advanced diagnostic imaging procedures is one major driver, as more healthcare facilities invest in cutting-edge imaging technologies to enhance their diagnostic capabilities. Additionally, the rising prevalence of chronic diseases and the aging population are leading to higher utilization rates of imaging equipment, necessitating regular maintenance and servicing. Technological advancements in imaging equipment also require specialized service expertise, further boosting the demand for professional services. Rise in demand for refurbished medical imaging equipment is also driving demand for services. Moreover, the trend towards value-based healthcare is encouraging hospitals and clinics to focus on maintaining their equipment in top condition to ensure high-quality patient care. Regulatory requirements mandating strict maintenance and calibration standards for medical imaging equipment are also contributing to market growth. Finally, the expansion of healthcare infrastructure in emerging markets is creating new opportunities for service providers, as these regions invest in modern medical imaging technologies to meet the growing healthcare needs. Together, these factors are fostering a dynamic and expanding market for medical imaging equipment services, presenting significant opportunities for continued growth and innovation.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the OEM Service Provider segment, which is expected to reach US$26.1 Billion by 2030 with a CAGR of a 4.6%. The Other Service Providers segment is also set to grow at 3.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $6.4 Billion in 2023, and China, forecasted to grow at an impressive 6.1% CAGR to reach $3.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Medical Imaging Equipment Services Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Medical Imaging Equipment Services Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Medical Imaging Equipment Services Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Althea Group, Agfa Healthcare NV, Barco NV, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 56 Featured):
- Althea Group
- Agfa Healthcare NV
- Barco NV
- Canon Medical Systems Corporation
- GE HealthCare
- Neusoft Medical Systems Co., Ltd.
- Philips Healthcare
- Siemens Healthcare GmbH
- Samsung Medison Co., Ltd.
- Shimadzu Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Althea Group
- Agfa Healthcare NV
- Barco NV
- Canon Medical Systems Corporation
- GE HealthCare
- Neusoft Medical Systems Co., Ltd.
- Philips Healthcare
- Siemens Healthcare GmbH
- Samsung Medison Co., Ltd.
- Shimadzu Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 529 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 21.7 Billion |
Forecasted Market Value ( USD | $ 29.7 Billion |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |