Medical Imaging Market in India 2017

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  • Published Date:
    17 Jul 2021
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  • Category:
    Healthcare & Pharmaceuticals
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Impact Analysis on the Growth of Market

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The Research Report is Updated with 2020 Base Year, 2021 Estimated year and Forecast till 2030 with Market Insights.

With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2020 as base year, 2021 as estimated year and forecast to 2030. This will have market drivers, recovery rate in the market, insights and competitive analysis.

Market Overview:

Netscribes' latest market research report titled Medical Imaging Market in India 2017 states that the market for medical imaging devices in India will witness strong growth in the next five years. Medical imaging can be classified into five broad segments, namely, Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Nuclear Imaging, Ultrasound and X-Ray. MRI accounts for the highest share followed by Ultrasound, CT, X-Ray and Nuclear Imaging. While CT, MRI, ultrasound and X-ray have managed to create a strong installed base in the country, Nuclear Imaging is still relatively less penetrated but expected to exhibit strong growth on account of increased adoption.

There has been an increase in demand for diagnostic imaging equipment from hospitals and nursing homes, primarily due to the continuous increase in the number of medical centers in the country. There has also been an increase in health insurances and per capita disposable income. Moreover, government sponsored insurance schemes have contributed to a significant increase in health coverage of the population. Medical tourism is also gaining popularity with an estimated 150,000 people travelling to India annually for medical facilities. Moreover, due to increase in the awareness among patients, the trust on medical imaging has increased with test results becoming more accurate.

However, considerably high price of medical imaging equipment is a hindrance in the growth of the industry. Doctors often lack the required knowledge to use these technologically-intensive equipment and interpret the results derived from them. There have also been irregularities in currency fluctuation because of which importers cannot pass on the increase in price to the customers as it can make them uncompetitive in this market. Despite these challenges, the market is expected to grow and exhibit a strong CAGR.

Overview of the medical imaging market in India and present and forecasted market size data in terms of value over 2014 to 2020
Overview of the various medical imaging segments in India and their market size data in terms of value and volume over 2014 to 2020
Qualitative analysis of the major drivers and challenges affecting the market
Trade analysis of various medical imaging equipment
Analysis of the competitive landscape and profiles of major public and private players
Key recent developments associated with the medical imaging market and its adoption in India

Why Buy?
Get a broad understanding of the medical imaging market in India, the dynamics of the market and current state of the sector
Strategize marketing, market-entry, market expansion and other business plans by understanding the factors driving the growth of the market
Be informed regarding the key developments in the medical imaging market in India and the prime opportunity areas
Understand major competitors' business and market dynamics, and respond accordingly

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook


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1. Allengers Medical Systems Limited
2. Trivitron Healthcare Private Limited
3. Hitachi Medical Corporation India
4. Mindray Medical India Private Limited
5. Philips India Limited
6. Samsung India Electronics Private Limited
7. Shimadzu Medical (India) Private Limited
8. Siemens Healthcare Private Limited
9. Toshiba Medical Systems Corporation
10. Wipro GE Healthcare Private Limited
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