Diagnostic Imaging Equipment Market Industry Trends And Emerging Opportunities

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07 December 2020

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The Business Research Company’s latest report Diagnostic Imaging Equipment Global Market Report 2020 covers Diagnostic Imaging Equipment market drivers, Diagnostic Imaging Equipment market trends, Diagnostic Imaging Equipment market segments, Diagnostic Imaging Equipment market growth rate, Diagnostic Imaging Equipment market major players, and Diagnostic Imaging Equipment market size. The report provides in-depth analysis of the impact of COVID-19 on the Diagnostic Imaging Equipment industry, along with revised market numbers due to the effects of the coronavirus.

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Diagnostic Imaging Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global diagnostic imaging equipment market is expected to decline from $44.3 billion in 2019 to $36.5 billion in 2020 at a compound annual growth rate (CAGR) of -17.7%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. The governments across the countries prioritized COVID-19 screening and imaging is not routinely used to screen for COVID-19. Also, most of the factories manufacturing diagnostic imaging equipment such as X-ray systems, ultrasound systems, computed tomography (CT) scanners, and MRI systems and/or their components, are currently shutdown in order to keep the staff safe and contain the spread. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $54.2 billion in 2023.

The report covers the Diagnostic Imaging Equipment market’s segments-
1) By Type: X-Ray Systems Devices And Equipment, Ultrasound Systems Devices And Equipment, Computed Tomography (CT) Scanners Devices And Equipment, Magnetic Resonance Imaging Systems Devices And Equipment, Cardiovascular Monitoring And Diagnostic Devices And Equipment, Nuclear Imaging Devices And Equipment.
2) By End User: Hospitals and Clinics, Diagnostic Laboratories, Others.
3) By Type of Expenditure: Public, Private.
4) By Product: Instruments/Equipment, Disposables.

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