Radiology Market is Probable to Influence the Value of USD 43.04 Billion by 2029, Size, Share, Trends and Opportunities

PRESS RELEASE
Published October 25, 2023

An international Radiology market analysis serves as a crucial tool for risk mitigation and informed decision-making. It provides valuable insights into various aspects of business operations. This comprehensive market report not only aids in evaluating the effectiveness of advertising campaigns but also in understanding the reasons behind consumer resistance. Moreover, it unveils the patterns of demand for the company’s products, shedding light on whether this demand is consistent or seasonal. Furthermore, this business report offers a thorough assessment of the firm’s status and its product portfolio. It goes beyond and assesses the impact of patents, licensing agreements, and legal constraints on the production and sale of the company’s products.

The expansive Radiology market report also offers insights into the prevailing market conditions and the marketing and pricing strategies adopted by competitors. This research document is an indispensable asset when it comes to setting and aligning business objectives and goals. It serves as a well-organized repository of information concerning the industry, the market, and potential customers. The information contained within also proves instrumental in understanding how patents, licensing agreements, and legal restrictions influence the manufacturing and sale of the company’s products. The Radiology report plays a pivotal role in establishing discount rates, actual prices, price ranges, and price elasticity for the firm’s product line.

Radiology Market was valued at USD 26.6 billion in 2021 and is expected to reach USD 43.04 billion by 2029, registering a CAGR of 6.20% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Opportunities:

  • Growing Research and Investment Activities

Moreover, the surging levels of investment that will help develop advanced and technological products and provide adequate training and safety are estimated to generate lucrative opportunities for the market. The growing number of research activities and digitization will further offer numerous growth opportunities for the market.

Drivers

  • Growing Burden Of Chronic Diseases

The surging occurrences of chronic disorders among the growing population are the most significant factors driving this market’s growth. Additionally, the increase in the aging population and changes in societal behavior are contributing to a steady increase in these common and costly long-term health problems are also projected to bolster the growth of the market.

The rising preference and need of minimally invasive procedures due to cost-effective solutions and lesser hospital stay are also expected to accelerate the overall growth of the market. Furthermore, the expanding healthcare sector along with the increasing penetration of advanced data analytics tools are also expected to fuel market growth. Moreover, the growing need for advanced, cost-effective, and reliable diagnostic services and solutions also cushions the market’s growth within the forecasted period.

The report outlines the involvement of key players, including:

General Electric (U.S.), Siemens (Germany), Koninklijke Philips N.V. (Netherlands), Agfa-Gevaert N.V. (Belgium), Canon Medical Systems Corporation (Japan), Hitachi Ltd. (Japan), Carestream Health (U.S.), Esaote S.p.A (Italy), F. Hoffmann-La Roche Ltd., (Switzerland), Axis-Shield Diagnostics Ltd. (U.K), Hologic, Inc. (US), FUJIFILM Holdings Corporation (Japan),  Cerner Corporation (U.S.), Samsung (South Korea),  Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Planmed Oy (Finland), CurveBeam (US), Shimadzu Corporation (Japan), Allscripts Healthcare

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Key Market Segmentation

Type

  • Interventional Radiology
  • Diagnostic Radiology

Services

  • Fusion Imaging
  • X-Rays
  • Ultrasound
  • Computed Tomography (CT)
  • Nuclear Medicine
  • Positron Emission Tomography (PET)
  • Magnetic Resonance Imaging (MRI)

End Use

  • Hospitals
  • Diagnostic Centers

The Radiology market report includes the following countries in different regions:

North America: United States, Canada, and Mexico.

Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.

Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.

South America: Brazil, Argentina, and other countries in South America.

These regions represent a comprehensive coverage of key markets, providing a global perspective on the market landscape.

North America dominates the radiology market because of the increasing demand of digitization along with rising awareness among the people regarding the benefits of advanced treatments within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increasing demand for advanced healthcare systems among the aging population, increasing prevalence of chronic diseases, and the developing healthcare infrastructure within the region.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

Get the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-radiology-market&Aniket

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About Data Bridge Market Research, Private Ltd

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