Asia Pacific Medical Imaging Market Size & Outlook
Asia Pacific medical imaging market, 2018-2030 (US$M)
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Asia Pacific medical imaging market highlights
- The Asia Pacific medical imaging market generated a revenue of USD 8,605.5 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, ultrasound was the largest revenue generating technology in 2023.
- Computed Tomography is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 8,605.5 million |
| Market revenue in 2030 | USD 12,526.7 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Ultrasound |
| Fastest growing segment | Computed Tomography |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | X-ray, Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging |
| Key market players worldwide | GE Aerospace, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Mindray Medical International, FUJIFILM Holdings Corp, Carestream Health - HCIS business, Hitachi Ltd, Samsung Electronics Co Ltd, Koning, PerkinElmer, Konica Minolta Inc, Esaote, Hologic Inc, Varex Imaging Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.6% of the global medical imaging market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,526.7 million by 2030.
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Medical Imaging Market Scope
Medical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific medical imaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical imaging market will help companies and investors design strategic landscapes.
Ultrasound was the largest segment with a revenue share of 32.29% in 2023. Horizon Databook has segmented the Asia Pacific medical imaging market based on x-ray, magnetic resonance imaging, ultrasound, computed tomography, nuclear imaging covering the revenue growth of each sub-segment from 2018 to 2030.
The medical imaging market in Asia Pacific is anticipated to exhibit significant growth over the forecast period. This can be attributed to the rapid growth of the population and increased R&D activity in this region.
In addition, there is a high need for traditional and advanced devices in Asia Pacific. The Asia Pacific region is majorly driven by China and Japan. China dominated the overall medical imaging market in the region in terms of revenue share.
In addition, technological advancements in medical imaging devices, increasing geriatric population, and the growing prevalence of chronic diseases, such as cancer, are among the factors anticipated to promote the growth of the market.
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Our clientele includes a mix of medical imaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific medical imaging market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific medical imaging market size, by country, 2018-2030 (US$M)
Asia Pacific Medical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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