Orthopedic Medical Imaging Market by Product, End-user, and Geography - Forecast and Analysis 2020-2024

  • Published: Nov 2020
  • Pages: 120
  • SKU: IRTNTR45507
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The orthopedic medical imaging market size is expected to grow by USD 2.42 bn and record a CAGR of 5% during 2020-2024.

This post-pandemic global orthopedic medical imaging market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this orthopedic medical imaging market analysis report, key drivers such as increasing demand for 3d medical imaging equipment have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Orthopedic Medical Imaging Market Size be in 2020?

Orthopedic-Medical-Imaging-Market-Market-Size-2019-2024

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Who are the Key Vendors in the Orthopedic Medical Imaging Market?

The orthopedic medical imaging market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:

 

  • Canon Inc.
  • Carestream Health Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • Hologic Inc.
  • Koninklijke Philips NV
  • Medtronic Plc
  • Planmed Oy
  • Shimadzu Corp.
  • Siemens Healthineers AG

 

The orthopedic medical imaging market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This orthopedic medical imaging market report further entails segmentations by Product (X-ray systems, CT scanners, MRI scanners, Ultrasound systems, and Nuclear imaging systems) and Geography (North America, Europe, Asia, and ROW). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Orthopedic Medical Imaging Market?

Orthopedic-Medical-Imaging-Market-Market-Share-by-Region-2019-2024

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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the orthopedic medical imaging market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The new product approvals and launches will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

43% of the market’s growth will originate from North America during the forecast period. The US is the key market for orthopedic medical imaging market in the region. This report provides estimations of the contribution of all regions to the growth of the orthopedic medical imaging market size.

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What are the Key Factors Covered in this Orthopedic Medical Imaging Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive orthopedic medical imaging market growth during the next five years
  • Precise estimation of the orthopedic medical imaging market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the orthopedic medical imaging market industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of orthopedic medical imaging market vendors

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Orthopedic Medical Imaging Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2020-2024

USD 2.42 billion

Market structure

Fragmented

YoY growth (%)

4.07

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 43%

Key consumer countries

US, UK, Germany, France, Japan, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Canon Inc., Carestream Health Inc., General Electric Co., Hitachi Ltd., Hologic Inc., Koninklijke Philips NV, Medtronic Plc, Planmed Oy, Shimadzu Corp., and Siemens Healthineers AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The orthopedic medical imaging market growth will increase by $2428.59 million during 2019-2024.
The orthopedic medical imaging market is expected to grow at a CAGR of 4.81% during 2019-2024.
Technavio has segmented the orthopedic medical imaging market by product (X-ray systems, CT scanners, MRI scanners, Ultrasound systems, and Nuclear imaging systems) ,end user (Hospitals, Radiology centers, and ASCs) , and geographic (North America, Europe, Asia, and ROW).
Canon Inc., Carestream Health Inc., General Electric Co., Hitachi Ltd., Hologic Inc., Koninklijke Philips NV, Medtronic Plc, Planmed Oy, Shimadzu Corp., Siemens Healthineers AG are a few of the key vendors in the orthopedic medical imaging market.
North America will register the highest growth rate of 42.76% among the other regions. Therefore, the orthopedic medical imaging market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the orthopedic medical imaging market growth are:
  • Increasing incidence of orthopedic diseases and bone injuries
  • New product approvals and launches
The orthopedic medical imaging market vendors should focus on grabbing business opportunities from the x-ray systems segment as it accounted for the largest market share in the base year.
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