Wednesday, June 24, 2020
"The medical imaging industry has always been a place for high-end technology and innovative solutions,” asserts Marjorie Villien, PhD. Technology & Market Analyst at Yole Développement (Yole). “There are many players, and many dynamics, from big companies trying to innovate in mature markets, to disruptive start-ups innovating in specific fields. At Yole, we investigate this sector for a while and propose today a comprehensive overview and deep understanding of the technical innovations and their issues and market evolution.”
The market research & strategy consulting company Yole releases today the technology & market report, Status of Medical Imaging Equipment and Detectors. This new study proposes a comprehensive overview of the medical imaging market covering six major modalities: endoscopy, US , OCT, X-ray, MI and MRI. “Each of them having their own dynamics and drivers and they are well analyzed in this new imaging report,” announces Marjorie Villien from Yole.
What are the most dynamic medical imaging modalities? What are the market drivers for each of them? What is the impact of the evolution of the semiconductor technologies on the medical imaging sector? What are the benefits offered by disruptive semiconductor innovations? Who is leading this medical imaging industry? How will the industrial landscape evolve? What is the status of AI for medical imaging applications? ... Imaging analysts from Yole offer you today a snapshot of the medical imaging industry, at the equipment and detector levels.
Globally speaking, the medical imaging equipment market is estimated to be worth US$38 billion in 2019. It is forecasted to increase toward US$52 billion in 2025, with a 5.3% CAGR . “This is a relatively high value considering the slow-moving nature of the medical industry”, comments Jérôme Mouly, Senior Technology & Market Analyst and Business Developer at Yole. “This figure is backed up by different trends observed at the equipment and detector levels, and evolution of the players in the industry.”
Generally speaking, the medical imaging industry is profiting from global trends in the development of semiconductor technology. According to Yole’s medical imaging report, the detector market for medical imaging equipment is estimated at US$4.3 billion for all modalities in 2019. It is forecasted to grow to US$6.6 billion in 2025 with a CAGR of 7.3%...
About Yole Group of Companies
Founded in 1998, Yole Développement (Yole), the “More than Moore” market research & strategy consulting company has grown to become a group of companies providing marketing, technology and strategy consulting, media in addition to corporate finance services.
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The “More than Moore”company Yole and its partners System Plus Consulting, Blumorpho, and PISEO support industrial companies, investors and R&D organizations worldwide to help them understand markets and follow technology trends to develop their business.
