Research Nester has released a report titled “Minimally Invasive & Non-Invasive Medical Imaging And Visualization Systems Market – Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the global minimally invasive & non-invasive medical imaging and visualization systems market in terms of market segmentation by medical imaging & visualization systems, application, end user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

The global minimally invasive & non-invasive medical imaging and visualization systems market is segmented by medical imaging & visualization systems into endoscopes & visualization systems and imaging systems. The x-ray imaging segment, which forms a sub-segment of the imaging systems, held the largest market share of 38.13% in 2018 and is anticipated to cross USD 20.03 billion by the end of 2027 by registering the highest CAGR of 5.56% over the forecast period, i.e. 2020-2027. Additionally, the MRI imaging segment is anticipated to reach USD 9.93 billion by the end of 2027.

The market is also segmented by application into neurology, cardiology, gastrointestinal, orthopedic, gynecological, urological, dental and others, out of which, the gastrointestinal segment, which held a market share of 25.12% in the year 2018 is anticipated to hold the largest market share on the back of the need for these devices amongst gastroenterologists for primary diagnosis of the GI tract, supported by the increasing number of gastritis patients worldwide.

The global minimally invasive & non-invasive medical imaging and visualization systems market, which was valued at USD 57.08 billion in the year 2018, is anticipated to achieve a CAGR of 5.20% during the forecast period. Growing technological advancements in the field of medical devices, stringent regulations for autoclaving of medical devices across nations, rising cases of chronic disorders and increasing geriatric population are some of the factors anticipated to contribute towards the growth of the global minimally invasive & non-invasive medical imaging and visualization systems market. The market for minimally invasive & non-invasive medical imaging and visualization systems is further anticipated to reach USD 88.88 billion by the end of 2027.

Regionally, the global minimally invasive & non-invasive medical imaging and visualization systems market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, North America held the largest market share in the year 2018 especially with nations such as U.S. and is expected to expand by 1.52 times during the assessment period and attain a CAGR of 4.96% over the forecast period. Moreover, U.S., which held the largest market share of around 83% in the year 2018, is anticipated to grow by a CAGR of 4.85% during the forecast period.

Growing Technological Advancements and Increasing Applications of Minimally Invasive & Non-Invasive Medical Imaging And Visualization Systems

Endoscopic surgeries around the world is growing at a massive pace owing to the rising prevalence of gastrointestinal, urological, gynecological and other medical disorders amongst the population. Apparently, healthcare specialists from other domains have benefitted massively by the utilization of minimally invasive & non-invasive medical imaging and visualization systems and has allowed these specialists to optimize their clinical operations in hybrid operating rooms and achieve consistency across workflows. Moreover, technological advancements in medical devices have helped in the increase in adoption of minimally invasive & non-invasive medical imaging and visualization systems amongst healthcare specialists in the healthcare industry. Additionally, several governments of nations around the globe are increasingly spending on healthcare and raising their budgets for healthcare expenditure. Such factors are anticipated to drive the growth of the global minimally invasive & non-invasive medical imaging and visualization systems market in the upcoming years.

However, concerns regarding high end product cost, lack of skilled technicians and strict rules and regulations of the government for complicated testing regimes are some of the factors anticipated to limit the growth of the global minimally invasive & non-invasive medical imaging and visualization systems market.

This report also provides the existing competitive scenario of some of the key players of the global minimally invasive & non-invasive medical imaging and visualization systems market, which includes profiling of Smith & Nephew (LON: SN), Boston Scientific Corporation (NYSE: BSX), Medtronic plc (NYSE: MDT), Siemens Healthcare GmbH (ETR: SHL), CONMED Corporation (NYSE: CNMD), GE Healthcare (NYSE: GE), Stryker (NYSE: SYK), Johnson and Johnson (NYSE: JNJ), B. Braun Melsungen AG, Koninklijke Philips N.V. (AMS: PHIA), Olympus Corporation (TYO: 7733), KARL STORZ SE & Co. KG and FUJIFILM Corporation (TYO: 4901). The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global minimally invasive & non-invasive medical imaging and visualization systems market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.