Medical imaging is an essential part of modern healthcare. It enables the visualizing of the inside of the body using a variety of techniques such as X-ray, MRI, ultrasound, and PET scans. Its purpose is to diagnose diseases, injuries, or to perform targeted treatments.
Factors driving the market growth include the increasing prevalence of chronic diseases, growing geriatric population, increasing demand for early disease diagnosis, and further technological advancements.
Medical imaging has become an integral part of preventive medicine programming and healthcare services, especially for early cancer detection. Furthermore, the emergence of artificial intelligence (AI) coupled with medical imaging is expected to propel the medical imaging market. AI-based systems enable automatic image analysis for medical diagnostics and treatments, which have proven to be reliable and accurate, thus supplementing the decision-making process of healthcare professionals. Additionally, the growth of the telemedicine market is projected to impact the growth of the medical imaging market.
The global Medical Imaging market was valued at US$ 41510 million in 2022 and is anticipated to reach US$ 57470 million by 2029, witnessing a CAGR of 4.7% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Medical Imaging Market available at: https://www.themarketreports.com/report/global-medical-imaging-market-research-report
This report aims to provide a comprehensive presentation of the global market for Medical Imaging, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Imaging.
The classification of Medical Imaging includes X-Ray Devices, Ultrasound Devices, MRI, CT and Other, and the revenue proportion of X-Ray Devices is about 31%, This can be attributed to the increasing prevalence of orthopedic injuries and accidents and the demand for point of care testing, which is facilitating the sale of portable devices. The X-ray devices are further segmented into stationary, and portable (handheld, and mobile).
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