BRIC Diagnostic Imaging Equipment Market (Modality - X-ray Imaging, Nuclear Imaging, Magnetic Resonance Imaging, and Computed Tomography; End-user - Hospitals, Imaging Centers, and Other End-users): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

A recent report published by Infinium Global Research on BRIC diagnostic imaging equipment market provides an in-depth analysis of segments and sub-segments in the global as well as regional BRIC diagnostic imaging equipment market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional BRIC diagnostic imaging equipment market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global BRIC diagnostic imaging equipment market. According to the report, the global BRIC diagnostic imaging equipment market is projected to grow at a CAGR of 9.1% over the forecast period of 2019-2025.

Market Insight

Diagnostic imaging equipment is used to produce images of the internal human body structure in order to diagnose the health-related problems. It uses electromagnetic radiation with a combination of other technologies. The leading players in the BRIC diagnostic imaging equipment market are investing in research and development to promote innovations and new product launches. Companies operating in the BRIC diagnostic imaging equipment market are focusing on strategic collaborations and mergers to expand its market share. For instance, in 2019, Siemens Healthineers has set up a new manufacturing facility with a research and development center in Bengaluru, India. This strategic decision will strengthen its presence in India.

The surge in investments and funds for the advancement of imaging facilities drive the growth of the BRIC diagnostic imaging equipment market. The rising prevalence of target diseases contributes to the growth of the BRIC diagnostic imaging equipment market. The increasing geriatric population worldwide stimulates the growth of the BRIC diagnostic imaging equipment market. The rising demand for early diagnosis investments contributes to the growth of the BRIC diagnostic imaging equipment market. The increasing healthcare expenditure in developing BRIC countries boosts the growth of the BRIC diagnostic imaging equipment market. On the other side, the high costs of MRI scanners hinder the growth of the BRIC diagnostic imaging equipment market. Moreover, technological advancement in healthcare such as superconducting, open architecture, high field MRI, and software applications create numerous opportunities for the growth of the BRIC diagnostic imaging equipment market.

Based on geography, the BRIC diagnostic imaging equipment market is classified into Brazil, Russia, India, and China. China is expected to hold a premium share in the global BRIC diagnostic imaging equipment market. The rising prevalence of target disease and technological development in China stimulates the growth of the BRIC diagnostic imaging equipment market in China. India is anticipated to grow in the global BRIC diagnostic imaging equipment market with a significant CAGR over the forecast period.

Segment Covered

The report on global BRIC diagnostic imaging equipment market covers segments such as modality, and end-user. On the basis of modality, the sub-markets include x-ray imaging, nuclear imaging, magnetic resonance imaging, and computed tomography. On the basis of end-user, the sub-markets include hospitals, imaging centers, and other end-users.

Companies Profiled:

The report provides profiles of the companies in the market such as Siemens Healthineers AG, Koninklijke Philips N.V., Canon Medical Systems Corporation, GE Healthcare Inc., Hologic Inc., Carestream Health Inc., Neusoft Corporation, Hitachi Ltd., CURA Healthcare Pvt. Ltd., FUJIFILM Holdings Corporation, and other companies.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of BRIC diagnostic imaging equipment market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.