Kenneth Research has evaluated the current market opportunities in Emerging Diagnostic Imaging Market in the healthcare industry for the forecast period 2022-2031, which also includes the ongoing industry trends and innovations that will help industry players to attain their business targets. Apart from that, the inclusive data on market size, market share and forecast, growth opportunities and challenges for the market players, along with the worldwide analysis on regions- North America, Latin America, Europe, Asia Pacific and Middle East & Africa, has also been provided in the report.
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 $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Emerging Diagnostic Imaging Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
The emerging diagnostic imaging market is segmented on the basis of applications such as advanced conventional technologies, remote diagnostics, point-of-care diagnostics, nuclear medicine, biomarkers, imaging agents and other emerging technologies. The report includes emerging technologies which are commercialized and which are going through final phases of approvals. Market covered in the emerging diagnostic imaging are North America, Latin America, Europe, Middle-East and Africa (MEA) and Asia-Pacific.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
The diagnostic equipment of conventional technologies are over burdened with the hospitals and diagnostic centers having limited resources and budgets, especially in emerging markets like India and China. Hence there is requirement of machines that are capable of performing multiple diagnoses. Portable diagnostic machines are one of the major advancement which enables providing point-of-care assistance and reaching out to more number of patients.
United States being the largest healthcare market is number one in making changes so that healthcare can become more affordable to people. There is an increase in demand of services as well as products that are value based in the industry that lacks resources as well as skills. Opportunities are growing for the industry with the emergence of new markets. They are situated in the developing economies with ever changing needs.
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COMPANY PROFILES
LUMENIS LTD.
BIOLASE
PHOTOMEDEX
IRIDEX CORPORATION
SPECTRANETICS CORPORATION
GE HEALTHCARE
SIEMENS HEALTHCARE
PHILIPS HEALTHCARE
ABBOTT LABORATORIES
AGILENT TECHNOLOGIES
BIO RAD LABORATORIES
BRACCO IMAGING
CARDINAL HEALTH
COVIDIEN PLC
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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