The US diagnostic imaging equipment market is estimated to grow significantly during the forecast period. The major factor that propels the market growth in the country includes the introduction of advanced diagnostic imaging techniques such as 3D and 4D imaging introduced by the major players. For instance, in October 2017, Butterfly Network, Inc., received FDA approval for Ultrasound-on-a-Chip based imaging system. It has more than 13 clinical applications and can be broadcast for a single ultrasound transducer. Along with that, the significant rise in chronic diseases in the country coupled with a significant number of initiatives taken by the government and private organizations pushing towards the diagnosis of chronic diseases such as cancer, CVD, and others in the country.
The US diagnostic imaging equipment market is segmented on the basis of modality and application. Based on the modality, the market is further classified into X-Ray, ultrasound, computed tomography, magnetic resonance imaging (MRI), mammography, and Others (Nuclear Imaging). The X-Ray segment is projected to have a considerable share in the US market owing to the high application in various chronic diseases such as CVD, neurological disease, and others. Based on the application, the US diagnostic imaging equipment market is further segmented into oncology, orthopedics, cardiovascular, neurology, urology, others. The oncology segment is estimated to grow at a considerable CAGR during the forecast owing to the significant advancement in diagnostic technology coupled with rising diagnosis rates in the country.
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US Diagnostic Imaging Equipment Market Segmentation
By Modality
- X-Ray
- Ultrasound
- Computed Tomography
- Magnetic Resonance Imaging (MRI)
- Mammography
- Others (Nuclear Imaging)
By Application
- Oncology
- Orthopedics
- Cardiovascular
- Neurology
- Urology
- Others (Gastroenterology)
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Company Profiles
- Butterfly Network, Inc.
- Overview
- Butterfly Networks Inc. in the US Diagnostic Imaging Equipment
- Recent Developments
- Canon Inc.
- Carestream Health, Inc.
- FUJIFILM Corp.
- General Electric Co.
- Hitachi Ltd.
- Hologic, Inc.
- Konica Minolta, Inc.
- Koninklijke Philips N.V.
- Siemens AG
- Shimadzu Corp.
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