Medical Imaging

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Major advancements have been made in medical imaging systems in recent times. However, in most cases, diagnostic methods are not used until the consequences of an illness are realized. Inadequate access to healthcare services results in late diagnosis of diseases. Moreover, delays in obtaining test results can further aggravate the condition. However, in the last two decades, medical imaging industry has made significant development in terms of innovative, advanced and convenient imaging products. The new imaging machines, be it the X-rays, ultrasound, 3D mammography, PET and SPECT scanners, and MRI machines, have enabled ubiquitous access and early diagnosis of various condition. Also, macro-level details provided by these machines help clinicians make better decisions. Moreover, integration with information technology and cloud computing has allowed greater access to reports irrespective of the location, which enables patients to seek multiple opinions from experts around the world.

Molecular Imaging to help Early Detection of Disease

In the field of molecular imaging, the long-term aim is to develop methods that will make it possible to detect illnesses at an early stage and employ more specific diagnostic techniques. For example, most of the current available systems can detect certain tumors and deposits in blood vessels at a very early stage. Nuclear medicine examination methods that use PET/CT and SPECT/CT scanners are the most prevalent molecular imaging techniques. Such scanners generate images of lungs, livers, and hearts with high precision, and also provide information about the organs’ metabolism and other functions.

Reducing Costs and Improving Convenience

Wide availability and increasing preference for high-end imaging equipment providing cellular details are leading to steady decline in overall health expenses. Researchers at Harvard Medical School have determined that the length of a patient’s hospital stay is reduced by one day for every US$ 385 spent on medical imaging equipment. Such investments could lead to savings of around US$ 3,000 per patient. Even hospitals can capitalize on these devices, as they are constantly under pressure to reduce costs. Such technologies are expected to be pursued by both, developed and emerging economies. Moreover, integrating scanned images with the electronic health records of the patient would make the process more efficient.

Rising Demand for Advance Techniques

Demand for inexpensive, energy-saving, and ergonomic medical equipment that requires little maintenance and involves less potential risk is increasing. Moreover, miniaturization and portability of equipment, digitization of measurement values, hybrid imaging systems, and use of non-ionizing imaging modalities such as optical and ultrasound systems are factors projected to propel market growth.

Emerging Economies offering Immense Opportunity

The rapidly expanding healthcare industry in BRIC countries is driving demand for introduction of novel medical technology. The growing number of hospitals in emerging economies is offering lucrative growth opportunities for manufacturers of imaging devices. Moreover, increasing investment by public and private players in healthcare infrastructure is driving demand for advanced imaging techniques in these regions. Also, the medical tourism market is growing rapidly in these countries owing to relatively low cost of treatment. Medical assistance from skilled professionals and availability of advanced treatment techniques at much lower cost in countries such as India are some of the key factors that are creating a conducive environment for growth of the medical imaging market in these regions.

Conclusion

Diagnosis and access to diagnostic services are major issues that need to be addressed by medical imaging companies. This involves constant innovation of products based on novel technologies and operational models. Integration of information technology with existing healthcare systems is a key factor that is driving the growth of the medical imaging market.

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Medical Imaging Published Insights

Coherent Market Insights

Medical X-Ray Film Processor Market, by Product Type (Semi-Automatic Film Processor and Fully Automatic Film Processor), by Application (Hospitals, Specialty Clinics, Diagnostic Center, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Medical x-ray film processor are the most important part for the X-ray image processing, these processors are used to decipher the information carried by weakened x-ray beam, when they are passed through the tissues. They capture the invisible image into visible form.... View more

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Digital Fluoroscopy System Market, by Product Type (Fluoroscopy Equipment and C- arm), by Application (Diagnostics, and Surgeries), by End User, and by Region (North America, Europe, Latin America, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Digital fluoroscopy is form of X-ray that enables technician to visualize deep structures of the body. Digital fluoroscopy provides detailed images of different organs such as intestine, cardiac muscle, bladder, and stomach. Conventional X-ray records images to a film... View more

Coherent Market Insights

Neuro-navigation Systems Market, by Product Type (Optical System and Electromagnetic System), by Application (Neurosurgery, Craniomaxillofacial Surgery, Spinal Surgery, and Others), and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Neuro-navigation also known to as frameless stereotactic surgery refers to the technique that involves performance of real-time intraoperative guidance during spinal or brain injuries. Neuro-navigation increases safety and accuracy during neurosurgery. Neuro-navigatio... View more

Coherent Market Insights

Doppler Ultrasound Market, By Portability (Handled and Trolley Based), By Application (Radiology, OB-GYN, Cardiac, Musculoskeletal and Others), By End Users (Hospitals, Clinics, Ambulatory Settings, Diagnostic Centers, and Others), By Region - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

A Doppler ultrasound is a non-invasive test. It is used to estimate the flow of blood through blood vessels by using high frequency of sound waves i.e. ultrasound on the circulating blood cells. A Doppler ultrasound may help to diagnose various conditions such as bloo... View more

Coherent Market Insights

Ophthalmic Ultrasound Imaging Systems Market, by Modality (A-Scan, B-Scan, Pachymeter, Combined Scanning Device, and Ultrasound Bio Microscope), by Design (Portable and Standalone), by End User (Eye Hospitals, Eye Clinics, Ambulatory Surgical Centers, and Eye Research Institutes) and by Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Ophthalmic ultrasound imaging system is non-invasive visualization technique, which is more convenient and relatively inexpensive as compared to other techniques such as optical coherence tomography (OCT), magnetic resonance imaging (MRI), and scanning Scheimpflug. Op... View more

Coherent Market Insights

Orthopedic Medical Imaging Market, by Product Type (X-ray Systems, CT-Scanner, MRI Systems, EOS Imaging Systems, Ultrasound, and Nuclear Imaging Systems), by Application (Acute Injuries, Chronic Injuries, and Others), by End User (Hospitals, Radiology Centers, Ambulatory Surgical Centers, and Emergency Care Facility), and by Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Orthopedic medical imaging allows doctors to non-invasively examine the internal structure of the body for aiding in diagnosing a medical condition. Medical imaging devices identify and monitor diseases or injuries by generating images representing internal anatomic s... View more

Coherent Market Insights

Global Medical Imaging Devices Market - Competitive Analysis

Published Date : Mar 2023

Advancement in technology in medical imaging such as mobile imaging devices and 3-D ultrasonic holography, which does not use harmful radiation has led to improvement in the diagnosis and treatment methods in patients. Pediatric patients are comparatively more radiose... View more

Coherent Market Insights

Cone Beam Computed Tomography (CBCT) Market - By Product Type (Panoramic X-Ray Scanner, Cephalometric X-Ray Scanner), By Application (Dental Implants, Orthodontics, Orthopedics), By End User (Hospitals, Academic Research Institutes) – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Cone Beam Computed Tomography (CBCT) is variation on conventional Computed Tomography (CT). “Cone beam” refers to the cone shaped beam which usually scans patients in vertical axis to the region of interest (ROI), obtaining nearly 600 distinct images, crea... View more

Coherent Market Insights

Fluoroscopy and C-Arm Market, by Product Type (C-Arms, (Full Size C – arms, Mini C – arms), Fluoroscopy Devices), by End User (Hospitals, Specialty Clinics, Diagnostic Centres), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Oct 2022

C-Arms are imaging devices that work on the principles of X – ray technology. C-Arms have two key components: X – ray detector and X – ray source. C-Arms provide high resolution real time X – ray images, which help physicians monitor the surger... View more

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