Significant prevalence of chronic disease propels the Asia-Pacific Diagnostic Imaging Equipment Market

The Asia-Pacific diagnostic imaging equipment market is projected to grow at a significant CAGR during the forecast period (2020-2026). The presence of a huge population base with cancer is one of the major factors augmenting the market growth. According to the WHO, in 2018, around 48.4% of the cancer population base resides in Asia, accounting for nearly 8.7 million people. 

Browse the full report description Asia-Pacific Diagnostic Imaging Equipment Market Size, Share & Trends Analysis Report by Modality (X-Ray, Ultrasound, Computed Tomography, Magnetic Resonance Imaging (MRI), Mammography, and Others (Nuclear Imaging)), By Application (Oncology, Orthopedics, Cardiovascular, Neurology, Urology, Others) and Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/asia-pacific-diagnostic-imaging-equipment-market

Australia and New Zealand have the highest age-standardized cancer incidence and mortality rates across the globe. To cater to such a wide presence of cancer population base, the individual countries are stepping forward to develop advanced diagnostic imaging solutions for hospitals and patients. 

Moreover, the emerging economies in the region such as India, China, and others are significantly contributing to the growth of the Asia-Pacific diagnostic imaging equipment industry. Cancer is a major public health challenge in China. As per the WHO, in 2018, around 4.3 million new cancer cases were registered in China with around 2.9 million cancer mortalities in the same year. 

This concludes with a daily average of over 10,000 people receiving a cancer diagnosis. The ratio of cancer mortalities in the country is high, as around 50% of cancer mortalities occur as of the registered new cancer cases. This increases the need for the proper diagnosis system of cancer cases thus, diagnostic imaging system can play a vital role in the diagnosis of cancer.

  Market Coverage

Key questions addressed by the report

• What is the market growth rate during the forecast period?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and the coming years?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected region/segment

o Recommendations 

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Asia-Pacific Diagnostic Imaging Equipment Market – Segmentation

By Modality

• X-Ray
• Ultrasound
• Computed Tomography
• Magnetic Resonance Imaging (MRI)
• Mammography
• Others (Nuclear Imaging)

By Application

• Oncology
• Orthopedics
• Cardiovascular
• Neurology
• Urology
• Others (Gastroenterology)

Asia-Pacific Diagnostic Imaging Equipment Market – Segmentation by Region

• China
• India
• Japan
• Rest of Asia-Pacific