The Australia and New Zealand diagnostic imaging equipment market size is estimated to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing investment in the healthcare sector.
Diagnostic imaging equipment can capture internal body images by using electromagnetic radiation. The images of internal structure of the human body are taken for accurate diagnosis of the patient. This equipment is used to obtain a correct diagnosis and determine the required future care. CT scan and MRI systems are the most commonly used diagnostic equipment.
Diagnostic medical Imaging is a common technique to visualize physical diagnosis for clinical practioners. Different diagnostic imaging equipment that are available in the market are portable systems, multiple-use units, such as combination digital fluoroscopy & radiography systems, space-saving equipment, and imaging equipment optimized for high-volume use. Diagnostic imaging equipment helps to detect the medical conditions by reducing the unnecessary invasive exploratory processes and improvise patient health.
The report on the Australia and New Zealand diagnostic 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 - Australia and New Zealand Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Products (MRI, Computed Tomography, Ultrasound, X-ray, Nuclear Imaging, Fluoroscopy, and Mammography), Applications (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, and Others), and End-users (Hospitals, Diagnostic Centers, and Others) |
Countries |
Australia and New Zealand |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Siemens AG, Koninklijke Philips NV, GE Healthcare, Carestream Health, and Canon Australia Pty Ltd |
Based on products, the market is divided into MRI, computed tomography, ultrasound, X-ray, nuclear imaging, fluoroscopy, and mammography. The X-ray segment is expected to constitute a major market share during the forecast period. An X-ray is helpful for physicians to diagnose and treat medical conditions.
It is a non-invasive medical test and involves exposing a part of the body with the ionizing radiation to obtain images inside the body. Increasing number of fractures is expected to spur the market segment growth. The New Zealand scientists found performing the first 3-D Color X-ray on a human using a technique that promises to improve the field of medical diagnostics, in 2018.
In the basis of applications, the market is segregated into cardiology, oncology, neurology, orthopedics, gastroenterology, gynecology, and others. The oncology segment is anticipated to grow at a rapid pace during the forecast period due to increasing incidence of cancer as well as rising prominence of early detection and diagnosis of cancer. Improving access to healthcare facilities and diagnostic imaging centers is anticipated to drive the market segment growth.
In terms of end-users, the market is classified as hospitals, diagnostic centers, and others. The diagnostic centers segment is expected to expand at healthy CAGR during the forecast period. Rising number of diagnostic imaging centers in the countries owing to consolidation in the market is projected to proliferate the growth of the market segment.
Key players competing in the Australia and New Zealand diagnostic imaging equipment market include Siemens AG, Koninklijke Philips NV, GE Healthcare, Carestream Health, and Canon Australia Pty Ltd
Key players competing in the Australia and New Zealand diagnostic imaging equipment market include Siemens AG, Koninklijke Philips NV, GE Healthcare, Carestream Health, and Canon Australia Pty Ltd
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