subject: Diagnostic Imaging Equipment - Emerging Countries (China, India, Brazil) Opportunity Assessment, Competitive Landscape and Market Forecasts to 2016 [print this page] Diagnostic Imaging Equipment - Emerging Countries (China, India, Brazil) Opportunity Assessment, Competitive Landscape and Market Forecasts to 2016
Report Reserve announces inclusion of a new market research report to its premium store.
GlobalData's new report, "Diagnostic Imaging Equipment - Emerging Countries (China, India, Brazil) Opportunity Assessment, Competitive Landscape and Market Forecasts to 2016" provides key data, information and analysis on the global diagnostic imaging equipment market. The report provides market landscape, competitive landscape and market trends information on the diagnostic imaging equipment market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market dynamics. The report also reviews the competitive landscape and technology offerings. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData's team of industry experts.
The Diagnostic Imaging Equipment Market in Emerging Countries (China, India, Brazil) is Expected to Reach $3.5 Billion by 2016
Diagnostic Imaging Equipment Market, Emerging Countries (China, India, Brazil), Revenue ($m), 2009-2016
Source: GlobalData, Secondary Research and Interviews with Industry Experts and Key Opinion Leaders
The diagnostic imaging equipment market in emerging countries is expected to grow at a Compounded Annual Growth Rate (CAGR) of 7.3% over 2009 2016 to reach $3.5 billion by 2016. The market is expected to be driven by the growing demand for diagnostic imaging modes by patient populations. The installation of new equipment in these countries is expected to be fueled by improving healthcare infrastructure.
China is the Biggest Geographic Market for Diagnostic Imaging Equipment in Emerging Countries
Diagnostic Imaging Equipment Market, Emerging Countries (China, India, Brazil), Contribution (%), 2009
Source: GlobalData, Secondary Research and Interviews with Industry Experts and Key Opinion Leaders
The diagnostic imaging equipment market in emerging countries gains most of its revenues from the Chinese market. In 2009, China accounted for 62% of the diagnostic imaging market revenues from emerging economies, making it largest revenue contributor. Recently introduced healthcare reforms in China are expected to drive the market. The reforms are aimed at improving the healthcare infrastructure across China. These will encompass the upgrading of existing healthcare facilities as well as the establishment of new healthcare facilities. Diagnostic imaging procedures being the precursor for the diagnosis of many diseases and disorders, is expected to gain maximum patient volume. Use of diagnostic imaging equipment is expected to rise due to the expansion of healthcare infrastructure in China after the reforms.
Top Three Players Dominate the Diagnostic Imaging Equipment Market in Emerging Countries
Diagnostic Imaging Equipment Market, Emerging Countries (China, India, Brazil), Company Share (%), 2009
Source: GlobalData, Secondary Research and Interviews with Industry Experts and Key Opinion Leaders
The diagnostic imaging market in emerging countries is dominated by three major global players, with a combined market share of 60%. GE Healthcare with a 24% market share is the market leader. Siemens Healthcare and Philips Healthcare each with a market share of 18% are the other major players in this market. The leading players offer broad product portfolios covering nearly every category in the diagnostic imaging equipment market. These players have a special focus on categories such as Computed Tomography (CT) systems and X-ray systems, as well as growing segments such as nuclear imaging systems and MRI systems.
X-ray Systems and Ultrasound Systems are the Largest Revenue Contributors in the Diagnostic Imaging Equipment Market in Emerging Countries
Diagnostic Imaging Equipment Market, Emerging Countries ( China, India, Brazil), Category (%), 2009
Source: GlobalData, Secondary Research and Interviews with Industry Experts and Key Opinion Leaders
X-ray systems and ultrasound systems are expected to be the major revenue contributing categories in the diagnostic imaging equipment market in emerging countries. High penetration of these two diagnostic modalities due to easy affordability is fueling the growth for these systems. The markets differ on the scale of adoption of technology. However, the penetration of these two imaging modalities remains the highest in all the three emerging countries. For more details, please vist http://www.reportreserve.com/reportdet.php?company=GlobalData&reportid=13219
