The medical imaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.5% in the forecast period of 2021 to 2028 and is expected to reach USD 1,027.40 million by 2028. Contrast agents improve the diagnostic imaging procedure and propel the demand of medical imaging technique driving the medical imaging market growth.

Medical imaging is a technique to form various internal images of the body for diagnosing and treating the disease. This technique is mainly helpful in improving people's health worldwide by early diagnosing internal disorders. Adding to this, it can also help provide the right treatment for a particular disease and even check on the conditions that have already been diagnosed and treated.

Increasing prevalence of chronic diseases has raised the demand of various types of advanced diagnostic medical imaging which drives the growth of the medical imaging market. Technology of medical imaging is continuously evolving, for this reason, the cost of medical imaging is very high which is hampering the growth of the medical imaging market. Medical imaging has grown extremely due to the advancement in technologies of imaging modalities which create major opportunity for the growth of the medical imaging market. Medical imaging modalities have stringent regulatory policies for commercializing the products into the market which acts as a challenge for the growth of the medical imaging market.

The medical imaging market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in medical imaging market and changes in regulatory scenarios with their support for the medical imaging market. The data is available for historic period 2011 to 2019.

The major players covered in the Australia medical imaging market report are the Siemens Healthineers AG, GE Healthcare (a subsidiary of GENERAL ELECTRIC), Hologic Inc., Shimadzu Corporation, FUJIFILM Corporation (a subsidiary of FUJIFILM HOLDINGS CORPORATION), Hitachi, Ltd., Carestream Health (a subsidiary of Onex Corporation), Canon Medical Systems ANZ Pty Limited (a subsidiary of Canon Medical Systems Corporation), Medtronic, ESAOTE SPA, Konica Minolta Business Solutions Australia Pty Ltd (a subsidiary of Konica Minolta, Inc.), Ziehm Imaging GmbH, Moxtek, Inc., Rigaku Corporation, YXLON International, SAMSUNGHEALTHCARE (a subsidiary of SAMSUNG), Koninklijke Philips N.V., Varian Medical Systems, Inc. among other domestic players.

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