Medical Imaging Workstations Market is expected to Increase due to Growing

Posted by vinit sawant on May 19th, 2021

Market Synopsis  

According to Market Research Future Reports (MRFR), the global medical imaging workstations market is estimated to witness a CAGR of 8.5%, holding a substantial market value during the forecast period. 

The increasing incidences of chronic diseases along with the increasing geriatric population and the increasing awareness about the early diagnosis is estimated to have a positive influence on the market. Further, the developing regions like the APAC is projected to have a crucial impact on the market owing to the rapid urbanization, increasing disposable income, and a better government funding is projected to play the most crucial market role in the expanding the market at a global level.  

On the other hand, the high price of diagnostic imaging devices, and some policies are estimated to hamper market growth during the review period. However, the growing awareness, along with the growing technical development, the market is estimated to counter the constraining factors.  

Regional Analysis  

Based on the region, the global market can be segmented into the Americas, Europe, APAC, and the MEA. The Americas are estimated to lead the global market owing to the allotment of sufficient budgets by the government, and public and private organizations, along with the increased adoption of the advanced technologies.  

Europe is estimated to acquire the second position owing to the growing chronic illness, and the increasing awareness about the medical imaging devices.  

The APAC region is expected to witness the highest CAGR during the forecast period owing to the rise in the number of patients, and developing healthcare infrastructure. The ongoing development of the healthcare infrastructure in emerging economies like India, Japan, and China is expected to drive the regional market significantly. Further, the government of developing economies is conducting awareness programs that are further likely to fuel the regional market.  

The MEA region is estimated to acquire the least portion of market share owing to the slow development in the healthcare infrastructure. However, the increasing number of patients and the growth in R&D is anticipated to influence the market during the forecast period positively.

Key Players  

 Alma Medical Imaging, Accuray Incorporated, Ampronix, Canon, Carestream Health, Capsa Solutions LLC, Carl-Zeiss Meditec AG, General Electric Company, Fujifilm Holdings Corporation, Hologic, Koninklijke Philips N.V., NGI Group, Medicor Imaging, Pie Medical Imaging B.V. Siemens AG and others, are some of the renowned players of the global medical imaging workstations market.