India Diagnostic Imaging Equipment Market

India Diagnostic Imaging Equipment Market by Modalities (MRI, Computed Tomography, Ultrasound, X-ray, Nuclear Imaging, and Others), Applications (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, and Others), End-users (Hospitals, Diagnostic Centers, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-1653
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 1
  • No. Of Pages: 210
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The India diagnostic imaging equipment market size is anticipated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing elderly population and rising investment in the healthcare infrastructure.

India Diagnostic Imaging Equipment Market Key Takeaways

Diagnostic medical imaging is a technique that visualize physical diagnosis with help of electromagnetic radiation. This imaging equipment is used for the diagnosis of disease and to determine appropriate treatment decisions. Diagnostic imaging is useful for the clinical examination and medical implant, and the visual representation of the function of organs or tissues in the human body. Diagnostic imaging consists of different radiological imaging equipment, such as MRI, X-ray, ultrasound, and CT scan portable systems. Multiple-use units such as digital fluoroscopy and radiography systems are also used in the hospitals and clinics.

CT scan and MRI systems are the most commonly used diagnostic imaging equipment. These equipment are used for the detection of the medical conditions by reducing the unnecessary invasive exploratory processes and to improvise patient health diagnostic imaging equipment. Diagnostic imaging also includes calculations and recording techniques to produce data that is often represented in graph form.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing incidence of chronic diseases, such as cancer, cardiovascular disorders, gastrointestinal disorders, and various genetic mutations that require advanced imaging equipment are major factors that are propelling the diagnostic imaging equipment market growth during the forecast period.
  • Growing expenditure in the healthcare sector is projected to push the market expansion in the coming years.
  • Rising government initiatives to improve the healthcare services is expected to spur the market growth.
  • The COVID-19 outbreak has increased the awareness of body screening across the globe. This, in turn, has positively influenced the market growth.
  • High costs of the diagnostic imaging equipment are anticipated to hamper the market growth during the forecast period.
  • Lack of trained people can restrict the market expansion in the coming years.
  • Increasing adoption of latest technologies in diagnostic imaging equipment is estimated to create opportunities for the market players in the projected timeline.

Scope of the Report

The report on the India 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 - India Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Modalities (MRI, Computed Tomography, Ultrasound, X-ray, Nuclear Imaging, and Others), Applications (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, and Others), and End-users (Hospitals, Diagnostic Centers, and Others)

Regional Scope

India

Report Coverage

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

Key Players Covered in the Report

Carestream Health Inc, Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Systems, and Koninklijke Philips N.V.

India Diagnostic Imaging Equipment Market Segment Insights

X-ray segment to account a large market share

Based on modalities, the market is segmented into MRI, computed tomography, ultrasound, X-Ray, nuclear imaging, and others. The X-ray segment is expected to represent a key market share during the forecast period owing to increasing demand for mobile X-ray systems, retrofit upgrade kits. Moreover, increasing number of hospitals & diagnostic centers, painless & non-invasive procedures, and low-prices as compared to other modalities are driving the segment growth.

India Diagnostic Imaging Equipment Market By Modalities

Orthopedics segment to register a robust CAGR

In terms of applications, the market is divided into cardiology, oncology, neurology, orthopedics, gastroenterology, gynecology, and others. The orthopedics segment is expected to grow at a robust pace in the coming years due to the increasing number of road accidents in the country.

India Diagnostic Imaging Equipment Market By Applications

Hospitals segment to expand at a substantial CAGR

On the basis of end-users, the market is segregated into hospitals, diagnostic centers, and others. The hospitals segment is anticipated to expand at a healthy CAGR during the forecast period. Hospitals usually have all the available diagnostic imaging equipment and machinery. Thus, the people prefer visiting hospitals & clinics for diagnostic imaging.

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
  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
  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
  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
  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
  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
  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. Carestream Health Inc Fujifilm Holdings Corporation GE Healthcare Hitachi Medical Systems Koninklijke Philips N.V.
Segments Covered in the Report
The India diagnostic imaging equipment market has been segmented on the basis of

Modalities
  • MRI
  • Computed Tomography
  • Ultrasound
  • X-ray
  • Nuclear Imaging
  • Others
Applications
  • Cardiology
  • Oncology
  • Neurology
  • Orthopedics
  • Gastroenterology
  • Gynecology
  • Others
End-users
  • Hospitals
  • Diagnostic Centers
  • Others
Country
  • India
Key Players
  • Carestream Health Inc
  • Fujifilm Holdings Corporation
  • GE Healthcare
  • Hitachi Medical Systems
  • Koninklijke Philips N.V.

Key players competing in the India diagnostic imaging equipment market include Carestream Health Inc, Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Systems, and Koninklijke Philips N.V.

Companies are partnering with hospitals and clinics to expand their market share. Moreover, they’re engaging in R&D activities to leverage their market position.

India Diagnostic Imaging Equipment Market By Key Players

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