Technological advancement is driving the growth if Japan Diagnostic Imaging Market, FY2017-FY2027.
Japan Diagnostic imaging market owes its growth to the factors like increasing demands for the effective diagnostic equipment. Surging demand for the efficient diagnostic imaging techniques for the identification of infection and any other chronic disease effect on the target organs, is anticipated to drive the growth of the Japan diagnostic imaging market in the upcoming five years.
Expanding healthcare facilities in the country is also actively supporting the growth of the Japan diagnostic imaging market in the next five years. Japan provides free healthcare and patient care services to its citizen, and the factor is actively supporting the turnup of patients for regular checkups thus supporting the growth of the Japan diagnostic imaging market in the upcoming five years.
Moreover, consistent research and technological advancement in the manufacturing of the advanced diagnostic equipment, and tools for the identification of disease, etc. is further substantiating the growth of the Japan diagnostic imaging market in the future five years. Surging demand from the consumers for technically advanced diagnostic imaging devices are expected to further aid to the growth of the Japan diagnostic imaging market in the forecast years, until FY2027.
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The Japan diagnostic imaging market segmentation is based on type, mobility, source, application, end user, competitional landscape, and regional distribution. Based on type, the market is further fragmented into X-Ray imaging solutions, ultrasound systems, MRI systems, CT scanners, nuclear imaging solutions, mammography, and others. Ultrasound systems are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of increasing accidents, and rash driving consequences on road.
Moreover, increasing cases of cardiovascular diseases and cardiac arrest cases, are further supporting the growth of the Japan diagnostic imaging market in the next five years. Technological advancement and consistent research are further substantiating the growth of the Japan diagnostic imaging market in the future five years.
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On the basis of mobility, the market is divided between portable and standalone devices. Portable devices are expected to register fastest growing CAGR value in the upcoming five years on the grounds of their enhanced efficiency and functionality. Portable devices ensure mobile movement of the equipment and are advantageous in the emergency conditions.
Moreover, flexible functioning and portable features, decrease the cost of the device multiple folds thus making it more feasible for the technicians to handle the equipment, thereby supporting the growth of the Japan diagnostic imaging market in the next five years.
A partial list of market players in the field includes:
- Climb Medical Systems Inc.
- Fujifilm Holdings Corporation
- HONDA ELECTRONICS CO., LTD
- J.Morita Mfg. Corp.
- Shimadzu Corporation
- Konica Minolta, Inc.
- GE Healthcare Japan Corporation
- Philips Electronics Japan Ltd.
- Siemens Healthcare Diagnostics KK
- Hitachi Medical Corporation
- Canon Medical Systems Corporation
- PSP Corporation.
Multiple diagnostic imaging equipment manufacturers are expected to join the major market players list, although clinical trials and calibrations of the equipment such that effective diagnosis can be conducted and is expected to surge in the market in the near future.
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“Hospitals and clinics are anticipated to hold the largest revenue shares of the market in the upcoming five years due to increasing surgical and diagnostic procedures. Also, healthcare sector in Japan is expanding. Increasing demands of minimally invasive procedures be it therapeutic or diagnostic, the increasing demands are supporting the growth of the Japan diagnostic imaging market in the future five years. Moreover, diagnostic centers are anticipated to register significant growth on the grounds of increasing medical device demands for the early diagnosis and efficient treatment. Also, increasing dependency and overloading of patient counts in the hospitals and the demand to ease that dependency, the sub-segment of diagnostic center is expected to further grow and relay its growth to the Japan diagnostic imaging market in the future five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Japan Diagnostic Imaging Market By Type (X-Ray Imaging Solutions, Ultrasound Systems, MRI Systems, CT Scanners, Nuclear Imaging Solutions, Mammography, Others), By Mobility (Portable v/s Standalone), By Source (Domestic v/s Import), By Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others), By Region, Competition Forecast & Opportunities, FY2027” has evaluated the future growth potential of Japan diagnostic imaging market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Japan diagnostic imaging market.
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