Diagnostic Imaging Equipment Market Share

North America Market Forecast

The North America diagnostic imaging equipment market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. Rise in the number of CT scans carried out in the United States and Canada, followed by growing count of cancer patient in the region, who need diagnostic imaging services for the detection of the disease is expected to augment the market growth in North America. In the United States, about 80 million CT scans were performed. Additionally, in the United States, there were about 2 million new cases of cancer reported in 2021, and the illness took the lives of about 600,000.

Frequently Asked Questions (FAQ)

Increasing public awareness of chronic diseases, rising healthcare costs, and the demand for early diagnostics are some of the key drivers propelling the market's expansion.

The market is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023-2035.

The rising prices of diagnostic equipment, insufficient machine in underdeveloped areas and risk of getting expose to rays are the few factors which are to hamper the market growth.

The market in North America is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are General Electric Company, Koninklijke Philips N.V., Canon Medical Systems Corporation, Carestream Health, Hitachi Medical Systems, Hologic, Inc., Samsung Medison Co., Ltd., Shimadzu Corporation, FONAR Corp., Siemens Healthcare GmbH and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product, end user, and by region.

The X-ray segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Diagnostic Imaging Equipment Market Share