The Italy diagnostic imaging equipment market size was valued at USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 5.5% during the forecast period 2023–2031. The growth of the market is attributed to growing geriatric population.
Diagnostic imaging, also known as medical imaging, is utilization of diagnostic imaging equipment to produce images of interior body for diagnostic and therapeutic purposes. Various other technologies are included in the imaging equipment industry such as ultrasound and endoscopy, which are widely used for capturing images and diagnosis diseases properly.
Italy Diagnostics Imaging Equipment 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 coupled with the rapidly aging population 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.
Scope of Diagnostics Imaging Equipment Market Report
The report on the Italy 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.
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Attributes
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Details
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Report Title
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Italy Diagnostic Imaging Equipment Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast.
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Modalities (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)
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Country Scope
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Italy
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Carestream Health; Esaote SpA; Fujifilm Holdings Corporation; GE Healthcare; Hitachi Medical Systems; Hologic, Inc.; Koninklijke Philips N.V; Canon Inc.; Siemens AG; and Toshiba Corporation.
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Italy 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 computed tomography (CT) segment is anticipated to hold a key share of the market in the coming years. CT enables doctors to watch vital organs, identify blockages, and diagnose signs of diseases without doing surgery. However, the fluoroscopy segment is anticipated to expand at a rapid pace during the forecast period.
Orthopedics 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 enhancement in cancer detection and facilitate high speed non-invasive 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.
Hospitals segment to hold a significant market share
Based on end-users, the market is divided into hospitals, diagnostics centers, and others. The diagnostics centers segment is anticipated to hold a key share of the market in the coming years due to improving patient care and increased healthcare spending. However, the hospitals segment is anticipated to expand at a rapid pace during the forecast period.
Segments
The Italy diagnostics imaging equipment market has been segmented on the basis
Modalities
- MRI
- Computed Tomography
- Ultrasound
- X-Ray
- Nuclear Imaging
- Fluoroscopy
- Mammography
Applications
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Others
End-users
- Hospitals
- Diagnostic Centers
- Others
Country
Key Players
Competitive Landscape
Key players competing in the Italy diagnostics imaging equipment market includes Carestream Health; Esaote SpA; Fujifilm Holdings Corporation; GE Healthcare; Hitachi Medical Systems; Hologic, Inc.; Koninklijke Philips N.V; Canon Inc.; Siemens AG; and Toshiba Corporation.
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.
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