Diagnostic and Imaging - Executive Summary Report
- The global diagnostic imaging market is projected to reach USD 40 Bn by 2025 from USD 29.7 Bn in 2020, at a CAGR of ~6% from 2020 to 2025.
- North America holds the largest share in the global diagnostic imaging market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR of 6.5% during the forecast period. The Asian countries represent the fastest growing markets due to increasing government support for research and rising industry and academic partnerships for pre-clinical research
- The key players in the global diagnostic imaging market are GE Healthcare (U.S.), Siemens Healthineers (Germany), Koninklijke Philips N.V. (The Netherlands), Canon Medical Systems Corporation (Japan), Hitachi Ltd. (Japan), Carestream Health, Inc. (U.S.), Esaote S.p.A (Italy), Hologic, Inc. (U.S.), Fujifilm Corporation (Japan), Samsung Medison (South Korea), and Shimadzu Corporation (Japan), among others.
- The Indian Diagnostic Imaging Market is expected to register a CAGR of ~12% during the forecast period. The propelling factors for the growth of the Indian diagnostic imaging equipment market include the rise in the prevalence of chronic diseases, increased adoption of advanced technologies in medical imaging, and the growing geriatric population.
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