Medical Digital Imaging Devices Market Research Report- Forecast till 2027

Medical Digital Imaging Devices Market Research Report Information by Type (X-Ray, Ultrasound, Nuclear Imaging, MRI), Technology (2D, B/Color, 3D/4D), End User (Hospitals, Clinics, Diagnostic Centers and others) and Region - Forecast till 2027

ID: MRFR/HC/6408-HCR | February 2021 | Region: Global | 90 pages

Medical Digital Imaging Devices Market Scenario


The Medical Digital Imaging Devices Market is expected to grow significantly over the forecast period. The market held a market value of USD 12.9 billion in 2017 and is projected to register a CAGR of 7.1% over the forecast period. Medical digital imaging devices are devices used to image the body to obtain a correct diagnosis and determine future care. The growing demand for medical digital imaging devices is due to factors such as increasing incidence and prevalence of chronic diseases across the globe, technological advancements in the imaging systems, growing government investments for modernization of imaging facilities, and the rising number of diagnostic imaging centers are driving the market growth of diagnostic imaging. However, the high cost of diagnostic imaging systems, technological limitations associated with standalone systems, and unfavorable healthcare reforms in the US are the key factors limiting the growth of the medical digital imaging devices market.  


Medical Digital Imaging Devices Market Segmentation


The Medical Digital Imaging Devices Market has been segmented into type, technology, and end user.


By type, the market has been segmented into X-ray, Computed Tomography, Ultrasound, MRI and Nuclear Imaging. The X-ray segment is expected to register the highest CAGR during the forecast period due to technological advancements.


On the basis of technology, the market has been segmented into 2D, B/W, Color, and 3D/4D.


The market, by end user, has been segmented into hospitals & clinics, diagnostic center, and others.


The medical digital imaging devices global market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The medical digital imaging devices market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.


The European medical digital imaging devices market has been segmented into Western Europe and Eastern Europe. The Western Europe medical digital imaging devices industry has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 


The medical digital imaging devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The medical digital imaging market in the Middle East & Africa has been segmented into the Middle East and Africa.


Medical Digital Imaging Devices Market Company Profiles





    • Koninklijke Philips N.V.

    • GE Healthcare

    • Siemens Healthineers

    • Esaote SPA

    • Canon Medical Systems Corporation

    • Hologic

    • Hitachi

    • Shimadzu




Regional Market Summary


Medical Digital Imaging Devices Global Market Share (%), by Region, 2018  Medical Digital Imaging Devices Market_Image


Source: White Papers, Company Presentations, Annual Reports


The Americas is the market leader and has an attractive for medical digital imaging devices market is owing to the increasing prevalence of cardiovascular, neurological and ophthalmic disorders pertaining to rising geriatric population which is a major trigger factor. For instance, according to the US Census Bureau, in 2016, around 49.2 million residents were aged 65 and above. This huge older population led to over 15.2% of the total population which is likely to drive the market. Furthermore, the Americas is witnessing rampant advancements in technology, and increasing government initiatives, and funding for research in the medical devices sector is driving the medical digital imaging devices market growth.


Europe accounts for the second largest market and holds a healthy share in the global medical digital imaging devices market due to major driving factors like availability of advanced treatment facilities, increasing healthcare expenditure, and flourishing medical device industry due to the presence of major market players. Additionally, the rising prevalence of chronic disorders such as cardiovascular disorders, neurological disorders, among other disorders is driving the growth of the market.  


Asia-Pacific is expected to be the fastest growing market, owing to the huge patient pool, a faster adaptation of healthcare technology, government initiatives to increase the healthcare quality, and availability of favorable insurance policies. Moreover, due to lower cost of clinical trials, research key players have been setting up their regional headquarters and manufacturing plants in Singapore, China, Japan, Korea, and Australia which make a positive growth curve in medical digital imaging devices market in future.


The Middle East & Africa is expected to show the least growth in the market due to some major factors such as lack of awareness, limited access and availability of treatment facilities. In the Middle East, the United Arab Emirates and Saudi Arabia is the largest market share owing to the development of the healthcare industry and the rising availability of specialty care centers.


Global Medical Digital Imaging Devices Market, by Type



  • X-ray

  • Computed Tomography

  • Ultrasound

  • MRI

  • Nuclear Imaging


Global Medical Digital Imaging Devices Market, by Technology



  • 2D

  • B/W

  • Color

  • 3D/4D


 Global Medical Digital Imaging Devices Market, by End User



  • Hospitals & Clinics

  • Diagnostic Center

  • Others


Global Medical Digital Imaging Devices Market, by Region



  • Americas

    • North America

      • US

      • Canada



    • Latin America





  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific





  • The Middle East & Africa

    • Middle East

    • Africa




Intended Audience



  • Medical device manufacturer

  • Channel partners

  • Industry association

  • Governments and investment communities

  • Research organizations and associations

  • Healthcare industry



Report Scope:
Report Attribute/Metric Details
  Market Size   20217: USD 12.9 billion
  CAGR   2019-2023: 7.1%
  Base Year   2019
  Forecast Period   2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Technology, And End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Koninklijke Philips N.V., GE Healthcare, Siemens Healthineers, Esaote SPA, Canon Medical Systems Corporation, Hologic, Hitachi, Shimadzu
  Key Market Opportunities   Research & development Activities
  Key Market Drivers   Increasing prevalence of chronic diseases, growing government investments, and technological advances


Frequently Asked Questions (FAQ) :


The medical digital imaging devices market is projected to grow at a 7.1% CAGR between 2019-2024.

The Americas is expected to spearhead the medical digital imaging devices market.

Increasing prevalence of chronic diseases, growing government investments, and technological advances are boosting market growth.

Unfavorable healthcare reforms and high cost may deter the medical digital imaging devices market growth.

Diagnostic centers and hospitals & clinics are the different end user industries of medical digital imaging devices.

Table of Contents

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Detection Technique Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Medical Digital Imaging Devices Market, by Type

6.1 Introduction

6.2 X-ray

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.3 Computed Tomography

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.4 Ultrasound

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.5 MRI

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.6 Nuclear Imaging

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 7. Global Medical Digital Imaging Devices Market, by Technology

7.1 Introduction

7.2 2D

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.3 B/W

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.4 Color

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.5 3D/4D

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 8. Global Medical Digital Imaging Devices Market, by End User

8.1 Introduction

8.2 Hospitals & Clinics

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8.3 Diagnostic Center

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8.4 Others

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 9. Global Medical Digital Imaging Devices Market, by Region

9.1 Introduction

9.2 Americas

9.2.1 North America

9.2.1.1 US

9.2.1.2 Canada

9.2.2 Latin America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 Italy

9.3.1.4 Spain

9.3.1.5 UK

9.3.1.6 Rest of Western Europe

9.3.2 Eastern Europe

9.4 Asia-Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Australia

9.4.5 South Korea

9.4.6 Rest of Asia-Pacific

9.5 Middle East & Africa

9.5.1 Middle East

9.5.2 Africa

Chapter 10. Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

Chapter 11. Company Profiles

11.1 Koninklijke Philips N.V.

11.1.1 Company Overview

11.1.2 Treatment Overview

11.1.3 Financials Overview

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 GE Healthcare

11.2.1 Company Overview

11.2.2 Treatment Overview

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.3 Siemens Healthineers

11.3.1 Company Overview

11.3.2 Treatment Overview

11.3.3 Financial Overview

11.3.4 Key Development

11.3.5 SWOT Analysis

11.4 Esaote SPA

11.4.1 Company Overview

11.4.2 Treatment Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11.5 Canon Medical Systems Corporation

11.5.1 Company Overview

11.5.2 Treatment Overview

11.5.3 Financial overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.6 Hologic

11.6.1 Company Overview

11.6.2 Treatment Overview

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.7 Hitachi

11.7.1 Company Overview

11.7.2 Treatment Overview

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.8 Shimadzu

11.8.1 Company Overview

11.8.2 Treatment Overview

11.8.3 Financials

11.8.4 Key Developments

11.8.5 SWOT Analysis

Chapter 12 MRFR Conclusion

12.1 Key Findings

12.1.1 From CEO’s Viewpoint

12.1.2 Unmet Needs of the Market

12.2 Key Companies to Watch

12.3 Predictions for the Medical Digital Imaging Devices Industry

Chapter 13. Appendix

LIST OF TABLES

Table 1 Global Medical Digital Imaging Devices Market Synopsis, 2020–2027

Table 2 Global Medical Digital Imaging Devices Market Estimates and Forecast, 2020–2027

(USD Million)

Table 3 Global Medical Digital Imaging Devices Market, by Region, 2020–2027 (USD Million)

Table 4 Global Medical Digital Imaging Devices Market, by Type, 2020–2027 (USD Million)

Table 5 Global Medical Digital Imaging Devices Market, by Technology, 2020–2027 (USD

Million) Functionality

Table 6 Global Medical Digital Imaging Devices Market, by Functionality, 2020–2027 (USD

Million)

Table 7 Global Medical Digital Imaging Devices Market, by End User, 2020–2027 (USD Million)

Table 8 North America: Medical Digital Imaging Devices Market, by Type, 2020–2027 (USD

Million)

Table 9 North America: Medical Digital Imaging Devices Market, by Technology, 2020–2027

(USD Million)

Table 10 North America: Medical Digital Imaging Devices Market, by Functionality, 2020–2027 (USD Million)

Table 11 North America: Medical Digital Imaging Devices Market, by End User, 2020–2027 (USD

Million)

Table 12 US: Medical Digital Imaging Devices Market, by Type, 2020–2027 (USD Million)

Table 13 US: Medical Digital Imaging Devices Market, by Technology, 2020–2027 (USD

Million)

Table 15 US: Medical Digital Imaging Devices Market, by End User, 2020–2027 (USD Million)

Table 16 Canada: Medical Digital Imaging Devices Market, by Type, 2020–2027 (USD Million)

Table 17 Canada: Medical Digital Imaging Devices Market, by Technology, 2020–2027 (USD

Million)

Table 19 Canada: Medical Digital Imaging Devices Market, by End User, 2020–2027 (USD Million)

Table 20 Latin America: Medical Digital Imaging Devices Market, by Type, 2020–2027 (USD

Million)

Table 21 Latin America: Medical Digital Imaging Devices Market, by Technology, 2020–

2023 (USD Million)

Table 23 Latin America: Medical Digital Imaging Devices Market, by End User, 2020–2027 (USD

Million)

Table 24 Europe: Medical Digital Imaging Devices Market, by Type, 2020–2027 (USD Million)

Table 25 Europe: Medical Digital Imaging Devices Market, by Technology, 2020–2027 (USD

Million)

Table 27 Europe: Medical Digital Imaging Devices Market, by End User, 2020–2027 (USD Million)

Table 28 Western Europe: Medical Digital Imaging Devices Market, by Type, 2020–2027 (USD

Million)

Table 29 Western Europe: Medical Digital Imaging Devices Market, by Technology, 2020–

2023 (USD Million)

Table 31 Western Europe: Medical Digital Imaging Devices Market, by End User, 2020–2027 (USD

Million)

Table 32 Eastern Europe: Medical Digital Imaging Devices Market, by Type, 2020–2027 (USD

Million)

Table 33 Eastern Europe: Medical Digital Imaging Devices Market, by Technology, 2020–

2023 (USD Million)

Table 35 Eastern Europe: Medical Digital Imaging Devices Market, by End User, 2020–2027 (USD

Million)

Table 36 Asia-Pacific: Medical Digital Imaging Devices Market, by Type, 2020–2027 (USD

Million)

Table 37 Asia-Pacific: Medical Digital Imaging Devices Market, by Technology, 2020–2027

(USD Million)

Table 39 Asia-Pacific: Medical Digital Imaging Devices Market, by End User, 2020–2027 (USD

Million)

Table 40 Middle East & Africa: Medical Digital Imaging Devices Market, by Type, 2020–2027

(USD Million)

Table 41 Middle East & Africa: Medical Digital Imaging Devices Market, by Technology,

2020–2027 (USD Million)

Table 43 Middle East & Africa: Medical Digital Imaging Devices Market, by End User, 2020–2027

(USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Medical Digital Imaging Devices Market

Figure 3 Segmentation Market Dynamics for Global Medical Digital Imaging Devices Market

Figure 4 Global Medical Digital Imaging Devices Market Share, by Type, 2020

Figure 5 Global Medical Digital Imaging Devices Market Share, by Technology, 2020

Figure 6 Global Medical Digital Imaging Devices Market Share, by Functionality, 2020

Figure 7 Global Medical Digital Imaging Devices Market Share, by End User, 2020

Figure 8 Global Medical Digital Imaging Devices Market Share, by Region, 2020

Figure 9 North America: Medical Digital Imaging Devices Market Share, by Country, 2020

Figure 10 Europe: Medical Digital Imaging Devices Market Share, by Country, 2020

Figure 11 Asia-Pacific: Medical Digital Imaging Devices Market Share, by Country, 2020

Figure 12 Middle East & Africa: Medical Digital Imaging Devices Market Share, by Country, 201

Figure 13 Global Medical Digital Imaging Devices Market: Company Share Analysis, 2020 (%)

Figure 14 Koninklijke Philips N.V.: Key Financials

Figure 15 Koninklijke Philips N.V.: Segmental Revenue

Figure 16 Koninklijke Philips N.V.: Geographical Revenue

Figure 17 GE Healthcare: Key Financials

Figure 18 GE Healthcare: Segmental Revenue

Figure 19 GE Healthcare: Geographical Revenue

Figure 20 Siemens Healthineers: Key Financials

Figure 21 Siemens Healthineers: Segmental Revenue

Figure 22 Siemens Healthineers: Geographical Revenue

Figure 23 Esaote SPA: Key Financials

Figure 24 Esaote SPA: Segmental Revenue

Figure 25 Esaote SPA: Geographical Revenue

Figure 26 Hitachi: Key Financials

Figure 27 Hitachi: Segmental Revenue

Figure 28 Hitachi: Geographical Revenue



This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.