Research Nester has released a report titled “Minimally Invasive & Non-Invasive Medical Imaging And Visualization Systems Market – Global Demand Analysis & Opportunity Outlook 2027″ which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis, and Porter’s five force model.
Increasing R&D expenditure by governments of nations around the globe in healthcare has resulted in the technological advancements of medical devices used across the globe. Healthcare specialists have been majorly benefitted by the use of these advanced medical devices, especially with minimally invasive & non-invasive medical imaging and visualization systems, as these systems help healthcare specialists to optimize their clinical operations in hybrid operating rooms and achieve consistency across workflows.
The growing investment in healthcare by the governments of nations along with the technological advancements in medical devices and increasing concerns for health has helped in the rising adoption of minimally invasive & non-invasive medical imaging and visualization systems in various healthcare domains. Such factors are anticipated to promote significantly the growth of the global minimally invasive & non-invasive medical imaging and visualization systems market in the upcoming years.
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The global minimally invasive & non-invasive medical imaging and visualization systems market, which was valued at USD 57.08 billion in the year 2018 is expected to grow at a CAGR of 5.20% during the forecast period, i.e. 2020-2027, and reach a market value of USD 88.88 billion by the end of 2027. The market is thriving on account of rising technological advancements in the field of medical devices which is resulting in the faster detection time of diseases, greater efficiency and improved diagnostic processes and greater productiveness in patient monitoring, strict autoclaving regulations, increasing cases of chronic disorders, growing geriatric population and rising trend to take early action for the prevention of diseases as a step towards preventive healthcare.
The global minimally invasive & non-invasive medical imaging and visualization systems market is segmented by medical imaging & visualization systems into endoscopes & visualization systems and imaging systems. The imaging systems segment is further sub-divided into ultrasound, CT imaging, X-ray imaging, MRI imaging, nuclear imaging and others, out of which, x-ray imaging segment is anticipated to hold the largest market share in the year 2027. The segment occupied a market share of 38.13% in the year 2018 and is anticipated to cross USD 20.03 billion by the end of 2027 by registering a CAGR of 5.56% over the forecast period.
Geographically, the global minimally invasive & non-invasive medical imaging and visualization systems market is segmented by five major regions into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America region, out of which, North America is anticipated to hold the largest market share in the year 2027 by growing at a growth rate of 1.52x. U.S., which had a market share of around 83% in the year 2018, is anticipated to lead the market in the region and attain a CAGR of 4.85% during the forecast period.
However, concerns for the lack of skilled technicians, strict rules and regulations of the government for complicated testing regimes, and sales affected due to high-end product cost are some of the factors estimated to act as a barrier to the growth of the global minimally invasive & non-invasive medical imaging and visualization systems market in the upcoming years.
This report also studies the existing competitive scenario of some of the key players of the global minimally invasive & non-invasive medical imaging and visualization systems market, which includes the profiling of Smith & Nephew (LON: SN), Boston Scientific Corporation (NYSE: BSX), Medtronic plc (NYSE: MDT), Siemens Healthcare GmbH (ETR: SHL), CONMED Corporation (NYSE: CNMD), GE Healthcare (NYSE: GE), Stryker (NYSE: SYK), Johnson and Johnson (NYSE: JNJ), B. Braun Melsungen AG, Koninklijke Philips N.V. (AMS: PHIA), Olympus Corporation (TYO: 7733), KARL STORZ SE & Co. KG and FUJIFILM Corporation (TYO: 4901).
The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Minimally Invasive & Non-Invasive Medical Imaging And Visualization Systems Market – Global Demand Analysis & Opportunity Outlook 2027”, analyses the overall minimally invasive & non-invasive medical imaging and visualization systems industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global minimally invasive & non-invasive medical imaging and visualization systems market in the near future.
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Henry Lucas is an experienced Industry researcher with more than 10 years of experience and he has a great interest and knowledge about the Business industry in research Strategy, Strategic Planning, new innovations and technology.