Market Research Reports- Consulting Analysis Crystal Market Research Medical Imaging Equipment Market | Page 2

body such as, bones, soft tissues, and air/gas. CT imaging is a rapid imaging process which combines the
power of X-rays and advanced computers to generate cross sectional, 360 degree views. In nuclear
imaging, unsealed radioactivity is used in order to create functional images. Ultrasound refers to sound
waves with frequencies higher than 20,000 HZ which cannot be recognized by human ear. For most of the
diagnostic purposes, the frequency range is maintained between 3.5 and 7 MHz. Different examination
probes attached to the ultrasound equipment have different frequencies which can be used for imaging
different organs and tissue structures. MRI imaging has crucial applications in examination of the central
nervous system including the spinal cord as well as in examination of anatomical abnormalities such as
congenital heart malformations.
Some of the key factors driving the growth of medical imaging equipment market are the growing
prevalence of target diseases (such as cardiac disorders and cancers) coupled with increased patient
awareness about early diagnosis of diseases, rising incidence of accident related severe injuries, and
technological advancements in medical imaging techniques. However, factors such as high cost of
medical imaging equipment along with the risk of side effects associated with emitted radiations will
restrain the market growth in near future.
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The X-ray imaging systems segment occupied major share of the global medical imaging equipment
market in 2016 while, mammography systems market is projected to be the fastest-growing segment
during the forecast period. On the basis of application, the cardiovascular and thoracic segment dominated
the overall market in 2016 owing to the development of ultrasound systems for the evaluation of cardiac
diseases at point-of-care.
Asia-Pacific dominated the global medical imaging equipment market in 2016, due to rising demand for
advanced health care services along with increasing disposable income of the people. Japan and China
were the major contributors to the growth of the Asia-Pacific medical imaging equipment market.
Some of the key players operating in this market are FUJIFILM Holdings Corporation, General Electric
Company, Siemens AG, Koninklijke Philips N.V., Shimadzu Corporation, Toshiba Medical Systems
Corporation (acquired by Canon Inc.), Carestream Health, Inc., , Samsung Medison Co., Ltd., Hitachi,
Ltd., Hologic, Inc., EsaoteSpA, Samsung Electronics Co., Ltd., and Mindray Medical International
Limited.
Key Findings of the Research Study: