(PharmaNewsWire.Com, May 29, 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 attributed to the factors such as increasing prevalence of cancer and cardiac, neurological, and musculoskeletal disorders, rise in cognizance for prompt diagnosis, rising number of diagnostic imaging techniques, and improving healthcare infrastructure in developing markets. However certain challenges like stringent government laws, improper facilities and lack in skilled personnel must be dealt with to attain the full potential.
To give a brief idea medical imaging is the method of making a visual image of the inside of the body for medical intervention. These devices aid in creating a databank of normal anatomy and physiology of internal organs so that any irregularity can be observed immediately.
The capability to generate pictures of a patients internal anatomy and alter them to film through diagnostic imaging has transformed the way many diseases and injuries are spotted, diagnosed, and treated. This market has applications in several medical arenas like cardiology, neurology, and orthopaedics. Internationally, most of the industrialized nations are spending a huge part of their GDP on healthcare necessities. The US is set to devote almost 20% of its GDP on healthcare by 2017, a higher proportion than any other developed country.
Europe Diagnostic Imaging Market is segmented based on type, application and end-users 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
Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe). As per the study France is poised to hold the major market share while Germany is the fastest growing market in this region.
GE Healthcare, Siemens Healthcare, Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Hologic Inc., Fujifilm Corporation, and Shimadzu Corporation are the major players operating in the Europe Diagnostic Imaging Market. Therefore, there is an increase in the competition among key players because of technological advancements and improving healthcare facilities.
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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