(PharmaNewsWire.Com, May 15, 2017 ) As per the syndicated report published by Market Data Forecast Europe Diagnostic Imaging Market which is estimated to be USD 8.08 billion in 2016 is poised to reach USD 11.17 billion by 2021, at a CAGR of 6.70% from 2016 to 2021. It can attribute to the factors such as Increasing prevalence of cancer and cardiac, musculoskeletal, and neurological disorders. Another aspect is that European countries face comparable demographic and economic burdens and share an interest in scrutinizing their impact on health outcomes nationally and across Europe. However, factors such as side effects of diagnostic imaging procedures, costly procedures & equipment, and saturation in the industrialized countries are constraining the growth of the market.
Medical imaging provides the visual image of the inside of the body for various purposes. Diagnostic imaging has transformed the way in which many injuries and diseases are spotted, diagnosed, and treated. This market has applications in several medical arenas like cardiology, orthopaedics, and neurology. Internationally, most of the industrialized nations are spending a huge part of their GDP on healthcare necessities.
Europe Diagnostic Imaging Market is segmented based on Type and Application as mentioned below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Type:
X-Rays
o Portable X-Rays
o Handheld X-Rays
Nuclear Medicine
o Scintigraphy
o PET Imaging
o SPECT Imaging
Ultrasound
o 2D
o 3D
o 4D
o Doppler Imaging
MRI
Tomography
Photoacoustic Imaging
Thermography
Tactile Imaging
Elastography
Functional near infrared spectroscopy
Echocardiography
Based on Application:
Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
Gynecology
Others
The Europe market has been geographically segmented into Germany, U.K, Spain, France, and Italy. European is the second largest market with a global share of 29%. Germany is the largest market share holder for the Diagnostic Imaging market in this region, followed by the UK and France. Other significant markets in the region are Norway, Denmark, Netherlands, and Greece.
The key players in Europe Diagnostic Imaging Market are GE Healthcare, Hologic Inc., Toshiba Medical Systems Corporation, Siemens Healthcare, Hitachi Medical Corporation, Fujifilm Corporation, and Shimadzu Corporation.
A number of market players are developing innovative devices aimed at offering more precise and faster diagnosis. As a result, several hospitals and clinics have been offering diagnostic imaging services. For instance, in March 2017, Sequoia Hospital started offering 128-sliced CT scans for accurate diagnosis of medical conditions. This new 3D technology ensures that patients will be exposed to minimal radiation, offering faster and high image quality results at the same time.
The Diagnostic Imaging Market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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