January 21, 2021
According to the research report titled ‘GCC Diagnostic Imaging Market Analysis, 2020‘, available with Market Study Report, GCC diagnostic imaging market is expected to witness a considerable growth during 2020-2025
Rising number of undiagnosed patients, government investment toward managing chronic disorders, and surging awareness among individuals regarding early diagnosis of diseases are major factors driving the growth of GCC diagnostic imaging market. Also, rapid rise in medical imaging procedures is contributing to the industry growth.
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In terms of application scope, GCC diagnostic imaging industry is classified into orthopedics, gynecology, oncology, cardiology, gastroenterology, neurology, and others.
Based on component terrain, GCC diagnostic imaging market is segmented to computer tomography (high end scanners, low end scanners, and mid-range scanners), MRI (very high & ultra-high field MRI systems, low & mid field MRI systems, and high field MRI systems), X-ray (digital systems, and analog systems), ultrasound (2D ultrasound, and 3D ultrasound), nuclear imaging (computed tomography, positron emission tomography, and single photon emission), fluoroscopy, and mammography.
The report cites that MRI segment accounted for majority industry share in 2019 and is slated to witness significant gains in the coming years, owing to increasing geriatric population, technological developments, and rising number of installed scanners in the region.
With respect to the end user spectrum, GCC diagnostic imaging industry is bifurcated into diagnostic/ imaging centers, hospitals, and others. Among these, hospital segment captured the largest market share in 2019 and is poised to register significant growth through 2025, mainly due to rise in number of diagnostic imaging procedures, increasing incidences of chronic disorders, along with surging adoption of minimally invasive procedures and advanced imaging modalities in hospitals.
Major players influencing GCC diagnostic imaging market trends are Hologic, Inc., Samsung Electronics Co. Ltd., Siemens AG, Fujifilm Holdings Corporation, General Electric Company, Canon Medical Systems Corporation, Koninklijke Philips N.V., Shanghai United Healthcare Co. Ltd., CareStream Health (formerly Eastman Kodak Company's Health Group), Shimadzu Corporation, and Hitachi Medical Corporation.