The market is growing at a significant rate due to increasing prevalence of cardiovascular diseases and cancer, growth in aging population, widespread increase in the availability of vascular imaging systems, increase in vascular imaging awareness campaigns, technological advancement, and increase in healthcare expenditure.
Key Findings
- As per the findings of the research, CT has been the largest revenue contributor to the global vascular imaging Systems market as compared to other products contributing over 38.9% in 2017 that is expected to reach over 40.2% by 2024.
- Based on type, the global nuclear imaging market is categorized into PET and SPECT. This PET segment contributed 60.6% and the SPECT segment contributed over 39.4% to the global market in 2017. The contribution by PET to the market is expected to reach over 63.8% by 2024.
- Cardiology is the largest application area of this market and is estimated to contribute over 38.1% in 2017. The factors such as number of cardiovascular diseases diagnosed by vascular imaging systems, increase in adoption of vascular imaging equipment owing to increase in awareness campaigns. Oncology segment is expected to contribute over 31.5% in global market during 2024.
- Hospitals were the largest contributor to the North America vascular imaging systems market in 2017, with the overall share standing at 50.9%. The contribution of end user of vascular imaging systems in hospitals is expected to increase from 50.9% to 51.8% in the anticipated period.
Trends
- Increase in Number of Product Launches
- Increasing Prevalence of Cardiovascular Diseases and Cancer
- Growth in Aging Population
- Widespread Increase in the Availability of Vascular Imaging Systems
- Increase in Vascular Imaging Awareness Campaigns
- Technological Advancement in Vascular Imaging Systems
- Increase in Healthcare Expenditure
- Impact Analysis of Drivers on Market Forecast
- High Cost of Vascular Imaging Systems
- Stringent Regulatory Requirements
- Shortage of Helium for Magnetic Resonance Imaging Across the World
- Increasing Risk of Cancer Due to Exposure of Radiations
- Impact Analysis of Restraints on Market Forecast
- High Demand for Vascular Imaging Systems in Emerging Markets
- Development of Technologically Advanced Imaging Systems
- Dearth of Trained Healthcare Professionals
2. Research Methodology
3. Introduction
4. Market Size and Forecast by product
5. Market Size and Forecast by Application
6. Market Size and Forecast by End user
7. Market Size and Forecast by Geography
8. Competitive Landscape
9. Company Profiles
- Siemens AG
- General Electric Company
- Hitachi Ltd.
- Koninklijke Philips N.V.
- Carestream Health Inc.
- Canon Inc.
- Hologic Inc.
- Esaote S.p.A
- Shimadzu Corporation
- Orthoscan Inc.
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