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Australia & New Zealand Diagnostic Imaging Equipment Market Outlook, 2019-2024 - X-ray Equipment Captures the Largest Market Share, and is Expected to Retain its Dominance Over the Forecast Period - ResearchAndMarkets.com

March 20, 2019

DUBLIN--(BUSINESS WIRE)--Mar 20, 2019--The “Australia & New Zealand Diagnostic Imaging Equipment Market - Growth, Trends, and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.

The market is projected to register a CAGR of 6.11% during the forecast period, 2019-2024.

The market is driven by several factors, such as growing technological advancements, including handheld X-ray and upright MRI, and increasing interest among researchers regarding medical imaging equipment. Additionally, increase in chronic diseases and increasing government funding pertaining to diagnostic imaging studies are also responsible to drive the growth of the market studied.

X-ray Equipment Segment Captures the Largest Market Share, and is Expected to Retain its Dominance over the Forecast Period

Chest X-rays are the most frequently ordered imaging test in Australian general practice. They were generally accounted for 8.3% of all imaging tests ordered by general practitioners in 2013 and 14. In addition, there is also a rising need for radiographers in Australia that is expected to boost the Australian market.

Recently, in 2018, the New Zealand scientists have been found performing the first 3-D, color X-ray on a human, using a technique that promises to improve the field of medical diagnostics. Hence, these technologies are also being commercialized by the New Zealand company, MARS Bioimaging, and may increase the overall market.

Competitive Landscape

The presence of major market players such as Canon Medical Systems, Carestream Health, GE Healthcare, Koninklijke Philips, and Siemens Healthineers, is expected to increase the overall market competition.

Companies are trying to gain a sustainable competitive advantage through innovation, while maintaining their consumer base through interactive upgrades in product segments. There is significant competition on the basis of product innovation, connectivity, and ease of operation in the portable diagnostic imaging equipment segment.

Key Topics Covered

1 Introduction

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Dynamics

4.1 Market Overview

4.2 Market Drivers

4.2.1 Growing Awareness Regarding Preventive Care

4.2.2 Technological Advancements

4.2.3 Growth in the Incidences of Various Diseases

4.3 Market Restraints

4.3.1 High Cost of Advanced Diagnostic Imaging Devices

4.4 Porter’s Five Forces Analysis

5 Market Segmentation

5.1 Product Type

5.1.1 X-ray Equipment

5.1.2 Ultrasound

5.1.3 Magnetic Resonance Imaging (MRI)

5.1.4 Mammography

5.1.5 Computed Tomography

5.1.6 Nuclear Medicine Positron Emission Tomography (PET) Single Photon Emission Computerized Tomography (SPECT)

5.2 Application

5.2.1 Cardiology

5.2.2 Oncology

5.2.3 Neurology

5.2.4 Orthopedics

5.2.5 Other Applications

5.3 End Users

5.3.1 Hospital

5.3.2 Diagnostic Center

5.3.3 Other End Users

6 Competitive Landscape

6.1 Company Profiles

6.1.1 Canon Medical Systems Ltd.

6.1.2 Carestream Health

6.1.3 Esaote

6.1.4 Fujifilm Holdings Corporation

6.1.5 GE Healthcare

6.1.6 Hitachi Medical Corporation

6.1.7 Hologic Inc.

6.1.8 Koninklijke Philips N.V.

6.1.9 Siemens Healthcare GmbH

7 Market Opportunities and Future Trends

For more information about this report visit https://www.researchandmarkets.com/research/26z4j9/australia_and_new?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190320005654/en/

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Related Topics:Medical Imaging



SOURCE: Research and Markets

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PUB: 03/20/2019 01:10 PM/DISC: 03/20/2019 01:10 PM