The medical imaging market in APAC to grow at a CAGR of 9.57% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is growing focus of vendors toward technological advances. Key vendors operating within global markets have targeted APAC for generating revenue from the sales of their mid-range medical imaging equipment in the last decade. Within APAC, the revenue generated from the sales of X-ray and ultrasound equipment is high when compared with the other segments, which include nuclear medical imaging, CT, and MRI. MRI is under-penetrated in the Asian market. Further, the report states that one challenge in the market is rising demand for refurbished equipment.
One driver in the market is government initiatives and pilot programs. Early diagnosis of breast cancer can reduce the morbidity as well as mortality and increases the survival rate of the affected individuals. The governments of various countries have come forward to reduce the prevalence of breast cancer by bringing in awareness among the female population and by educating women in the developed countries. Countries such as Australia, Singapore, and India are among the few developed and developing countries that have mandated cancer check-ups in medical facilities. In emerging countries, modernization of the healthcare infrastructure and the increasing focus of MNCs on strengthening their networks in these regions are positively impacting the medical imaging market.
- GE Healthcare
- Koninklijke Philips
- Siemens Healthcare
- Toshiba Medical Systems
Other Prominent Vendors
- Alpinion Medical Systems
- Atlantis Worldwide
- BenQ Medical Technology
- BMV Technology
- Boston Scientific
- CMR Naviscan
- Guangzhou Yueshen Medical Equipment
- Imaging Sciences International
- J. Morita Corporation
- Konica Minolta
- Lupica Medical Systems
- Mediso Medical Imaging Systems
- Mindray Medical International
- Samsung Medison
- Shimadzu Corporation
- TomTec Imaging Systems
- Wuhan Tianyi Electronic
- Xoran Technologies
- Zhuhai Ecare Electronics Science & Technology
For more information about this report visit https://www.researchandmarkets.com/research/4c3rn3/medical_imaging?w=4