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Spain Diagnostic Imaging Equipment Market - Growth, Trends, and Forecast (2020 - 2025)
The market is segmented By Modality (MRI, Computed Tomography, Ultrasound, X-Ray, Nuclear Imaging, Fluoroscopy, and Mammography), Application and End User
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2017-2025
Base Year:
2019
CAGR:
5.5 %
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Market Overview
The major factors augmenting the growth of the diagnostic imaging market in Spain include the rise in the prevalence of chronic diseases, rise in the geriatric population, technological advancements and rapid innovation in the devices. The increase in the aging population is contributing to a steady increase in the diagnostic imaging market. According to Spanish National Statistics Office (INE), by 2050 the over-65s will make up more than 30% of the population (almost 13 million people) and the number of over-eighties will exceed 4 million, thus representing more than 30% of the total adult population. Hence, the greater geriatric population base is expected to play a significant role in the imaging utilization in the future. Therefore, high unmet demand for imaging technologies is expected to boost the market over the forecast period.
Scope of the report
As per the scope of the report, diagnostic imaging equipment are used to take images of the internal structure of the human body, using electromagnetic radiation, for accurate diagnosis of the patient. Diagnostic imaging uses radiation to diagnose and treat diseases.
| By Modality | |
| MRI | |
| Computed Tomography | |
| Ultrasound | |
| X-Ray | |
| Nuclear Imaging | |
| Fluoroscopy | |
| Mammography |
| By Application | |
| Cardiology | |
| Oncology | |
| Neurology | |
| Orthopedics | |
| Gastroenterology | |
| Gynecology | |
| Other Applications |
| By End User | |
| Hospital | |
| Diagnostic Centers | |
| Others |
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Key Market Trends
Oncology Segment is Expected to Show Better Growth in the Forecast Years
Based on Application, the market is segmented into Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology and Other Applications. Oncology deals with diagnosis and treatment of tumors and cancers, which is one the leading causes of morbidity and mortality. According to Globocan, in 2018, among both sexes, colorectum, breast, and prostate cancers are among the most common cancers in Spain, with colorectum cancer alone contributing to more than 13% of the total new cases. Diagnostic imaging plays a vital role in interventional oncology as well as in chemo and radiation therapy. Tools, such as Computed Tomography, are the highly beneficial and preferred method of imaging for many conditions, which is expected to drive the market growth.
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Competitive Landscape
The global players into the Spain diagnostic imaging equipment market are Carestream Health, Esaote SpA, Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Systems, Hologic, Inc., Koninklijke Philips N.V, Siemens AG and Toshiba Corporation.
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Table Of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rise in the Prevalence of Chronic Diseases
4.2.2 Growing Geriatric Population
4.2.3 Technological Advancements and Rapid Innovation
4.3 Market Restraints
4.3.1 High Cost of Diagnostic Imaging Procedures and Equipment
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Modality
5.1.1 MRI
5.1.2 Computed Tomography
5.1.3 Ultrasound
5.1.4 X-Ray
5.1.5 Nuclear Imaging
5.1.6 Fluoroscopy
5.1.7 Mammography
5.2 By Application
5.2.1 Cardiology
5.2.2 Oncology
5.2.3 Neurology
5.2.4 Orthopedics
5.2.5 Gastroenterology
5.2.6 Gynecology
5.2.7 Other Applications
5.3 By End User
5.3.1 Hospital
5.3.2 Diagnostic Centers
5.3.3 Others
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Carestream Health
6.1.2 Esaote SpA
6.1.3 Fujifilm Holdings Corporation
6.1.4 GE Healthcare
6.1.5 Hitachi Medical Systems
6.1.6 Hologic, Inc.
6.1.7 Koninklijke Philips N.V.
6.1.8 Siemens AG
6.1.9 Toshiba Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
*List Not Exhaustive
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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