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Medical Imaging Equipment Services - Global Strategic Business Report

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    Report

  • 529 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338521
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.

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 SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Medical Imaging Equipment Services - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Medical Imaging Equipment Services Market: A Primer
  • Types Of Services
  • Types of Vendors
  • Outlook
  • Developed Regions Dominate the Market
  • Fast Paced Growth Forecasts in Developing Regions
  • OEMs Dominate the Medical Imaging Equipment Services Market
  • Market Challenges
  • Evolving Role of In-House Service Departments
  • Reimbursement Policies
  • Repair Contract Volumes
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Persistent Need to Maintain Fully-Conditioned Imaging Equipment: Cornerstone for Growth
  • Cost Comparison of Different Imaging Modalities
  • Rise in Third Party Imaging Centers result in Increased Demand for Timely Servicing
  • Key Factors to Consider While Selecting Medical Imaging Equipment Service Providers
  • Rise in Number of Diagnostic Imaging Centers to Drive Demand for Imaging Services
  • Service Providers Offer Plethora of Services
  • Application of AI in Maintenance Services
  • Rise in Medical Diagnostic Volumes Augurs Well for Market Growth
  • Aged and Outdated Equipment: Primary Demand Driver
  • Rise in Need for New Advances in Medical Imaging Technology
  • Obsolete Imaging Equipment Impacting Claim Costs and Quality of Care of Injured Workers
  • Refurbished Equipment Fuels Services Market
  • Preventive Maintenance Critical in Time and Materials Service
  • Remote Services: An Additional Benefit to Make the Switch
  • Potential for Services in Mobile Medical Imaging Equipment
  • Rise in Demand for Sophisticated Healthcare Technologies Drives Demand for Installation and Maintenance Services
  • Rise in Deployment & Usage of Imaging Equipment Across Modalities: A Review
  • MRI Leads the Global Diagnostic Imaging Market
  • Computed Tomography System (CT Scanner)
  • Ultrasound Systems
  • X-Ray
  • Nuclear Medicine
  • CT Imaging Gains Popularity
  • Demographic Factors Favor Growth
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Rising Incidence of Chronic Diseases Propels the Demand for Medical Imaging
  • Rising Prevalence of Chronic Diseases Amplifies the Volume of Diagnostic Imaging Procedures: Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
  • Uptrend in Healthcare Expenditure Drives Opportunities
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Equipment Repair & Maintenance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Equipment Repair & Maintenance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Equipment Repair & Maintenance by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Equipment Removal & Relocation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Equipment Removal & Relocation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Equipment Removal & Relocation by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Refurbished Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Refurbished Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Refurbished Systems by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other Service Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Other Service Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Other Service Types by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for OEM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for OEM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for OEM by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Other Service Providers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Other Service Providers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Other Service Providers by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Hospitals by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Diagnostic Centers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Diagnostic Centers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Diagnostic Centers by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Medical Imaging Equipment Services Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 29: World Recent Past, Current & Future Analysis for Medical Imaging Equipment Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Medical Imaging Equipment Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Medical Imaging Equipment Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Overview
  • OEMs: The Dominant Service Provider Segment
CANADA
JAPAN
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
CHINA
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
EUROPE
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
FRANCE
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Market Overview
  • Proliferation of Medical Tourism Lends Demand
AUSTRALIA
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Medical Imaging Equipment Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

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