Diagnostic Imaging Market

Diagnostic Imaging Companies - Siemens Healthineers (Germany) and GE Healthcare (US) are Leading Players

The global diagnostic imaging market is projected to reach USD 34.6 billion by 2028 from USD 26.5 billion in 2023, at a CAGR of 5.5% from 2023 to 2028. The rising prevalence of targeted diseases and increasing technological advancements fuel the market growth.

Key players operating the the global diagnostic imaging market are:

  • Siemens Healthineers (Germany),
  • GE Healthcare (US),
  • Koninklijke Philips N.V. (Netherlands),
  • FUJIFILM Corporation (Japan),
  • Canon Inc. (Japan) and many more....

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These competitors have utilized various strategies to increase their market share in the global diagnostic imaging market market, including acquisitions, agreements, partnerships, and product releases. In 2022, a higher share of the diagnostic imaging market market was held by Siemens Healthineers (Germany), GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), FUJIFILM Corporation (Japan).

Siemens Healthineers (Germany):

Siemens is a leading player in the diagnostic imaging market due to its robust imaging product portfolio, including MRI, Ultrasound, X-ray systems, and nuclear imaging equipment. The company has major R&D facilities in Germany, the US, China, and India. The company offers a wide range of products and services in point-of-care diagnostics, laboratory testing, diagnostics and therapeutic screening, and molecular medicine.

The company has a broad geographic footprint with a direct presence in more than 70 countries across Europe, the Americas, Asia, Oceania, Africa, and the Middle East. The company's main manufacturing sites are in the US, Germany, and China. The company invests in R&D activities to launch innovative and technologically advanced products. The company has major R&D facilities in Germany, the US, China, and India It offers products in more than 180 countries through distributors and sales channels.

GE Healthcare (US):

GE Healthcare is headquartered in Illinois, US. The company offers a robust product portfolio in medical imaging & information technologies, medical diagnostics, disease research, biopharmaceutical manufacturing, drug discovery, and technologies. Its medical diagnostics and medical imaging portfolio includes various diagnostic solutions such as molecular imaging, ultrasound, and magnetic resonance imaging technologies.
GE HealthCare has a wide geographic presence in more than 140 countries across North America, South America, Europe, the Middle East, the Asia Pacific, and Africa. The company has adopted inorganic growth strategies such as acquisitions to strengthen its market position.

Koninklijke Philips N.V. (Netherlands):

Philips is one of the leaders in diagnostic imaging, patient monitoring, image-guided therapy, and health informatics. Philips offers diagnostic imaging, image-guided therapy, and ultrasound solutions through the Diagnosis & Treatment segment. As part of its strategy, Philips focuses on product launches and collaborations to increase its market share. The company mainly pursues inorganic growth strategies such as agreements and partnerships to establish a strong foothold in the imaging market. It has also invested strongly in R&D for product development.

Philips has a worldwide geographic presence, with 93 production sites in 25 countries and a sales and services network spread across over 100 countries. Some of its key subsidiaries are Philips Medical Systems (Belgium), and Philips Electronics India Limited (India), among others

Following are some of the global manufacturers of the global diagnostic imaging market:

  • Canon Medical Systems Corporation (Japan),
  • Hitachi Medical Systems (Japan),
  • Fujifilm Holdings Corporation (Japan),
  • Samsung Medison (South Korea),
  • Shimadzu Corporation (Japan),
  • Carestream Health (United States),
  • Agfa-Gevaert Group (Belgium) and many more....

These manufacturers play a significant role in driving innovation and advancements in the diagnostic imaging market, contributing to improved patient care and healthcare outcomes worldwide.

Canon Medical Systems Corporation (Japan):

Canon Medical Systems Corporation, based in Otawara, Japan, is a prominent manufacturer of diagnostic imaging equipment. They specialize in MRI, CT, X-ray, ultrasound, and angiography systems. Canon Medical Systems is known for its reliability and technological advancements in medical imaging.

Hitachi Medical Systems (Japan):

Hitachi Medical Systems, headquartered in Tokyo, Japan, is a leading provider of diagnostic imaging solutions. Their product portfolio includes MRI, CT, ultrasound, X-ray, and molecular imaging systems. Hitachi Medical Systems focuses on research and development to deliver cutting-edge imaging technologies.

Fujifilm Holdings Corporation (Japan):

Fujifilm Holdings Corporation, based in Tokyo, Japan, is a diversified healthcare company with a significant presence in the diagnostic imaging market. They offer digital X-ray systems, mammography, ultrasound, and endoscopy equipment. Fujifilm is known for its commitment to innovation and quality in medical imaging technologies.

Samsung Medison (South Korea):

Samsung Medison, headquartered in Seoul, South Korea, is a leading manufacturer of ultrasound systems. They provide innovative imaging solutions for various medical applications. Samsung Medison offers a wide range of ultrasound products catering to different specialties and clinical needs.

Shimadzu Corporation (Japan):

Shimadzu Corporation, based in Kyoto, Japan, is a global manufacturer of diagnostic imaging equipment. They offer X-ray, angiography, fluoroscopy, and interventional systems. Shimadzu Corporation is known for its high-quality imaging solutions and commitment to customer satisfaction.

Carestream Health (United States):

Carestream Health, headquartered in Rochester, New York, is a well-known manufacturer of medical imaging systems. They offer digital X-ray, computed radiography, and healthcare IT solutions. Carestream Health focuses on delivering imaging solutions that improve patient.

Agfa-Gevaert Group (Belgium):

Agfa-Gevaert Group, based in Mortsel, Belgium, is a global provider of imaging and IT solutions for the healthcare industry. They offer digital radiography, computed radiography, and picture archiving and communication systems (PACS). Agfa-Gevaert Group is recognized for its expertise in medical imaging and digital healthcare solutions.

Related Reports:

Diagnostic Imaging Market by Product (MRI (Open, Closed), Ultrasound (2D, 4D, Doppler), X-Ray (Digital, Analog), CT, SPECT, Hybrid PET, Mammography), Application(Ob/GYN, CVDs, Brain, Cancer), Enduser (Hospitals, Clinics), & Region Global Forecasts to 2028

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Diagnostic Imaging Market Size,  Share & Growth Report
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