In a recent published report, Kenneth Research has updated the market report for Medical Imaging Sensors Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Medical Imaging Sensors Market products.
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According to a report by the World Health Organization (WHO), the total health spending is growing with an annual average rate of 6% in the low- and middle-income nations, and close to 4% in the high-income countries. Further, in the year 2016, the expenditure made on health reached close to 10% of the GDP of the world and crossed a value of USD 7 trillion.
The two major applications of medical imaging sensors are endoscopy imaging and X-ray imaging and these enable numerous applications, which in turn enhance medical diagnostics and treatments, especially those that need high-quality digital imaging.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Extensive competitive and strategy analysis is covered in this report. Companies profiled include Awaiba, OmniVision, Canon, Fujifilm, Toshiba, ON semiconductors, CMOSIS nv, Teledyne DALSA, Suni Medical Imaging, NeuSoft amongst others.
The latest technologies for medical imaging applications have reached an impressive range with several innovations and now include small, disposable diagnostic cameras, small endoscopic tools and prosthetic eyes. These innovations in digital imaging technology make it possible for surgeons to conduct minimally invasive medical procedures in fields such as gastrointestinal, ENT and urology practices, etc.
With emerging countries focusing on improving healthcare and investing and adopting latest technologies, a surge in demand for diagnostics and therapeutic devices can be expected; thus driving the medical imaging sensors market in these countries. Of the global markets APAC (Asia Pacific) market is expected to be the market with immense opportunities, while North America and Europe, which already have access to advanced technologies are expected to register a slower growth as compared to APAC.
The innovations in medical imaging sensors are likely to completely reinvent medical imaging industry as it enables entry of new market players, new product development and high growth applications. Going forward, the industry may face restraints as a result of shortage of skilled radiologists. However, innovations and possibilities are endless, and industry will continue to focus on providing better facilities to improve the quality of care.
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Key companies profiled include
1. Awaiba (CMOSIS Germany Gmbh)
3. Given Imaging
5. Pixel Plus
6. On Semiconductors
7. CMOSIS NV
8. Teledyne Dalsa
9. Suni Medical Imaging
12. Perkin Elmer
18. Samsung Electronics Co., Ltd.
This Research Report covers
1. Historical data
2. Revenue forecasts, growth rates and CAGR upto 2028
3. Industry Analysis
4. Competitive Analysis
5. Key geographic growth data
6. Deep profiles top competitive companies
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