Asia Pacific Diagnostic Imaging Equipment Market

Asia Pacific Diagnostic Imaging Equipment Market by Modalities (MRI [Low and Mid field MRI systems (< 1.5 T), High Field MRI systems (1.5-3 T), Very High, and Ultra High Field MRI Systems (3T and more)], Computed Tomography [Low End Scanners (~16-Slice), Mid-range Scanners (~64-Slice), and High End Scanners (128-Slice and More)], Ultrasound [2D Ultrasound, 3D Ultrasound, and Others], X-Ray [Analog Systems and Digital Systems], Nuclear Imaging [Positron Emission Tomography (PET) and Single Photon Emission Computed Tomography (SPECT)], Fluoroscopy, and Mammography), Applications (Cardiology, Oncology, Neurology, Orthopaedics, Gastroenterology, Gynaecology, and Others), End-users (Hospitals, Diagnostic Centres, and Others), and Geography (China, India, Japan, Australia and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 –2028

  • Report ID: HC-3570
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 1
  • No. Of Pages: 213
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The Asia Pacific diagnostic imaging equipment market size is projected to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to growing geriatric population.

Asia Pacific Diagnostic Imaging Equipment Market Key Takeways

Diagnostic imaging is also known as medical imaging. The use of diagnostic imaging equipment is to produce images of interior body for diagnostic and therapeutic purposes. Radiology is the branch of medicine that uses radiation to diagnose and treat diseases. Various technologies such as ultrasound and endoscopy are widely used for capturing images and diagnosis diseases properly.

The diagnostics imaging equipment market was positively impacted due to rising health consciousness during amidst COVID-19 pandemic.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing technological advancements in diagnostic imaging devices is anticipated to drive the market growth during the forecast period.
  • Rising incidence of chronic diseases is projected to boost the market growth in the coming years.
  • Growing number of medical imaging procedures and rising awareness for early diagnosis of clinical disorders planning is expected to spur the market growth during the forecast period.
  • Increasing large undiagnosed patient population is anticipated to drive the market growth during the forecast period.
  • Rising urbanization is projected to boost the market growth in the coming years.
  • Growing disposable income is expected to spur the market growth during the forecast period.
  • Increasing government funding toward chronic disorders is anticipated to drive the market growth during the forecast period.
  • Growing awareness about early diagnosis of diseases is projected to boost the market growth in the coming years.
  • High cost of imaging modalities and unfavorable reimbursement scenario in emerging countries can restrict the market growth.
  • Increasing healthcare spending in emerging markets can create lucrative opportunities in the market growth.

Scope of the Report

The report on the Asia Pacific diagnostics imaging equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Diagnostic Imaging Equipment Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Modalities (MRI [Low and Mid field MRI systems (< 1.5 T), High Field MRI systems (1.5-3 T), Very High, and Ultra High Field MRI Systems (3T and more)], Computed Tomography [Low End Scanners (~16-Slice), Mid-range Scanners (~64-Slice), and High End Scanners (128-Slice and More)], Ultrasound [2D Ultrasound, 3D Ultrasound, and Others], X-Ray [Analog Systems and Digital Systems], Nuclear Imaging [Positron Emission Tomography (PET) and Single Photon Emission Computed Tomography (SPECT)], Fluoroscopy, and Mammography), Applications (Cardiology, Oncology, Neurology, Orthopaedics, Gastroenterology, Gynaecology, and Others), and End-users (Hospitals, Diagnostic Centres, and Others)

Geographical Scope

China, India, Japan, Australia and Rest of Asia Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Care stream Health; Fujifilm Holdings Corporation; GE Healthcare; Hitachi Medical Corporation; Hologic, Inc.; Koninklijke Philips N.V.; Shimadzu Corporation; Siemens AG; Canon Medical Systems Corporation; and Shanghai United Imaging Healthcare Co., Ltd.

Asia Pacific Diagnostic Imaging Equipment Market Segment Insights

Fluoroscopy segment to hold a significant market share

Based on modalities, the market is divided into MRI, computed tomography, ultrasound, X-Ray, nuclear imaging, fluoroscopy, and mammography. The MRI is segmented into low and mid field MRI systems (< 1.5 T), high field MRI systems (1.5-3 T), very high, and ultra-high field MRI Systems (3T and more). The computed tomography segment is segregated into low end scanners (~16-Slice), mid-range scanners (~64-Slice), and high end scanners (128-Slice and More). The ultrasound segment is divided into 2D ultrasound, 3D ultrasound, and others. The X-Ray segment is bifurcated into analog systems and digital systems. The nuclear imaging is segmented into positron emission tomography (PET) and single photon emission computed tomography (SPECT).

The computed tomography segment is anticipated to hold a key share of the market in the coming years, as it enables the doctors to watch vital organs, identify blockages and growth, and diagnose signs of diseases without doing surgery. However, the fluoroscopy segment is anticipated to expand at a rapid pace during the forecast period, as it allows doctors to diagnose in a bright environment and its dosage is low.

Orthopaedics segment is anticipated to hold a large market share

On the basis of applications, the market is segmented into cardiology, oncology, neurology, orthopedics, gastroenterology, gynecology, and others. The oncology segment is projected to constitute a major market share during the forecast period due to enhanced cancer detection facilities and presence of high speed noninvasive diagnosis using genomics and proteomics. On the other hand, the orthopedics segment is anticipated to expand at a rapid pace during the forecast period owing to reduced pain and improved range of motion in the affected joints.

Asia Pacific Diagnostic Imaging Equipment Market By Applications

Hospitals segment to hold a significant market share

Based on end users, the market is divided into hospitals, diagnostics centres, and others. The diagnostics centres segment is anticipated to hold a key share of the market in the coming years due to improvement in patient care and reduced healthcare spending. However, the hospitals segment is anticipated to expand at a rapid pace during the forecast period.

India is estimated to account a major market share

On the basis of geography, the Asia Pacific market is classified as India, China, Japan, Australia, and Rest of Asia Pacific. China is expected to constitute a significant share of the market during the projected period due to the improvement healthcare infrastructure and reimbursement scenario and growing insurance coverage in China. However, the market in India is anticipated to expand at a rapid pace during the forecast period owing to rising investments in diagnostic imaging.

Segments

Segments Covered in the Report
The Asia Pacific diagnostics imaging equipment market has been segmented on the basis

Modalities
  • MRI
    • Low and Mid Field MRI systems (<1.5 T)
    • High Field MRI systems (1.5-3 T)
    • Very High
    • Ultra High Field MRI Systems (3T and more)
  • Computed Tomography
    • Low End Scanners (~16-Slice)
    • Mid-Range Scanners (~64-Slice)
    • High End Scanners (128-Slice and More)
  • Ultrasound
    • 2D Ultrasound
    • 3D Ultrasound
    • Others
  • X-ray
    • Analog Systems
    • Digital Systems
  • Nuclear Imaging
    • Positron Emission Tomography (PET)
    • Single Photon Emission Computed Tomography (SPECT)
  • Fluoroscopy
  • Mammography
Applications
  • Cardiology
  • Oncology
  • Neurology
  • Orthopedics
  • Gastroenterology
  • Gynecology
  • Others
End-users
  • Hospitals
  • Diagnostic Centers
  • Others
Geography
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-pacific
Key Players
  • Care stream Health
  • Fujifilm Holdings Corporation
  • GE Healthcare
  • Hitachi Medical Corporation
  • Hologic, Inc.
  • Koninklijke Philips N.V.
  • Shimadzu Corporation
  • Siemens AG
  • Canon Medical Systems Corporation
  • Shanghai United Imaging Healthcare Co., Ltd.

Competitive Landscape

Key players competing in the Asia Pacific diagnostics imaging equipment market includes Care Stream Health; Fujifilm Holdings Corporation; GE Healthcare; Hitachi Medical Corporation; Hologic, Inc.; Koninklijke Philips N.V.; Shimadzu Corporation; Siemens AG; Canon Medical Systems Corporation; and Shanghai United Imaging Healthcare Co., Ltd.

Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

Asia Pacific Diagnostic Imaging Equipment Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diagnostic Imaging Equipment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Diagnostic Imaging Equipment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Diagnostic Imaging Equipment Market - Supply Chain
  4.5. Global Diagnostic Imaging Equipment Market Forecast
     4.5.1. Diagnostic Imaging Equipment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Diagnostic Imaging Equipment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Diagnostic Imaging Equipment Market Absolute $ Opportunity
5. Global Diagnostic Imaging Equipment Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     5.3.1. Cardiology Oncology Neurology Orthopedics Gastroenterology Gynecology  
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Diagnostic Imaging Equipment Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
     6.3.1. Hospitals Diagnostic Centers Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Diagnostic Imaging Equipment Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Diagnostic Imaging Equipment Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
8. North America Diagnostic Imaging Equipment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     8.4.1. Cardiology Oncology Neurology Orthopedics Gastroenterology Gynecology  
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
     8.7.1. Hospitals Diagnostic Centers Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
9. Latin America Diagnostic Imaging Equipment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     9.4.1. Cardiology Oncology Neurology Orthopedics Gastroenterology Gynecology  
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
     9.7.1. Hospitals Diagnostic Centers Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
10. Europe Diagnostic Imaging Equipment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     10.4.1. Cardiology Oncology Neurology Orthopedics Gastroenterology Gynecology  
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
     10.7.1. Hospitals Diagnostic Centers Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
11. Asia Pacific Diagnostic Imaging Equipment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     11.4.1. Cardiology Oncology Neurology Orthopedics Gastroenterology Gynecology  
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
     11.7.1. Hospitals Diagnostic Centers Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
12. Middle East & Africa Diagnostic Imaging Equipment Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     12.4.1. Cardiology Oncology Neurology Orthopedics Gastroenterology Gynecology  
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
     12.7.1. Hospitals Diagnostic Centers Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Diagnostic Imaging Equipment Market: Market Share Analysis
  13.2. Diagnostic Imaging Equipment Distributors and Customers
  13.3. Diagnostic Imaging Equipment Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Care stream Health Fujifilm Holdings Corporation GE Healthcare Hitachi Medical Corporation Hologic, Inc. Koninklijke Philips N.V.  
Segments Covered in the Report
The Asia Pacific diagnostics imaging equipment market has been segmented on the basis

Modalities
  • MRI
    • Low and Mid Field MRI systems (<1.5 T)
    • High Field MRI systems (1.5-3 T)
    • Very High
    • Ultra High Field MRI Systems (3T and more)
  • Computed Tomography
    • Low End Scanners (~16-Slice)
    • Mid-Range Scanners (~64-Slice)
    • High End Scanners (128-Slice and More)
  • Ultrasound
    • 2D Ultrasound
    • 3D Ultrasound
    • Others
  • X-ray
    • Analog Systems
    • Digital Systems
  • Nuclear Imaging
    • Positron Emission Tomography (PET)
    • Single Photon Emission Computed Tomography (SPECT)
  • Fluoroscopy
  • Mammography
Applications
  • Cardiology
  • Oncology
  • Neurology
  • Orthopedics
  • Gastroenterology
  • Gynecology
  • Others
End-users
  • Hospitals
  • Diagnostic Centers
  • Others
Geography
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-pacific
Key Players
  • Care stream Health
  • Fujifilm Holdings Corporation
  • GE Healthcare
  • Hitachi Medical Corporation
  • Hologic, Inc.
  • Koninklijke Philips N.V.
  • Shimadzu Corporation
  • Siemens AG
  • Canon Medical Systems Corporation
  • Shanghai United Imaging Healthcare Co., Ltd.

Key players competing in the Asia Pacific diagnostics imaging equipment market includes Care Stream Health; Fujifilm Holdings Corporation; GE Healthcare; Hitachi Medical Corporation; Hologic, Inc.; Koninklijke Philips N.V.; Shimadzu Corporation; Siemens AG; Canon Medical Systems Corporation; and Shanghai United Imaging Healthcare Co., Ltd.

Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

Asia Pacific Diagnostic Imaging Equipment Market By Key Players

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