According to Vision Research Reports, the global medical imaging equipment services market size is projected to surpass US$ 30 billion by 2027 and is expected to expand at a CAGR of 3.7% from 2020 to 2027.
Hospital centric business model favoring long term partnerships is projected to drive the global medical imaging equipment services market during the forecast period. The global medical imaging equipment services market is witnessing unprecedented dynamics due to shift toward value based servicing offerings. This has induced market players to focus on technological upgrades in order to stand out from competitors. These innovative technologies used in imaging modalities are projected to drive the upgrade of current systems. This in turn is likely to propel the global medical imaging equipment services market.
Overview
Rise in Demand for Advanced Diagnostics for Accurate Diagnosis of Life-Threatening Diseases to Drive Market
Original Equipment Manufacturers Segment to Dominate Market
Equipment Repair & Maintenance to be Highly Lucrative Segment
North America to Dominate Global Market
Competitive Landscape
Market Segmentation:
By Service Provider
By Service Type
By Modality
By End-user
By Region
Report Scope
VRR’s report on the global medical imaging equipment services market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2020 to 2027. The report provides revenue of the global medical imaging equipment services market for the period 2017–2027, considering 2020 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global medical imaging equipment services market during the forecast period.
The report has been prepared after an extensive primary and secondary research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Extensive secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global medical imaging equipment services market.
Secondary research also included Internet sources, statistical data from government agencies, websites, company presentations, sales data, and trade associations. Analysts have employed a combination of top-down and bottom-up approaches to study various phenomenon in the global medical imaging equipment services market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Furthermore, the report sheds light on the changing competitive dynamics in the global medical imaging equipment services market. These indices serve as valuable tools for existing market players as well as for entities interested in entering the global Medical Imaging Equipment Services market.
The report delves into the competitive landscape of the global medical imaging equipment services market. Key players operating in the global medical imaging equipment services market have been identified, and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the global medical imaging equipment services market that have been profiled in this report.
Key Questions Answered in Global Medical Imaging Equipment Services Market Report
Research Methodology
A unique research methodology has been utilized by VRR to conduct comprehensive research on the growth of the global medical imaging equipment services market and arrive at conclusions on its growth prospects. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.
Secondary methods referred to by analysts during the production of the global medical imaging equipment services market report include statistics from company annual reports, SEC filings, company websites, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of VRR’s study on the Medical Imaging Equipment Services market as primary methods.
These primary and secondary methods have provided exclusive information during interviews, which serves as a validation from the medical imaging equipment services market leaders. Access to an extensive internal repository and external proprietary databases enabled this report to address specific details and questions about the global medical imaging equipment services market with accuracy. The study also uses the top-down approach to assess the revenues for each segment and the bottom-up approach to counter-validate them. This has helped in reaching VRR’s estimates on future prospects of the global Medical Imaging Equipment Services market more reliably and accurately.
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