# Medical Imaging Equipment Services Market to Witness Huge Growth by 2031 with Profiling Leading Companies – Agfa-Gevaert Group, Althea Group Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2021-11-24 Category: Research Reports Category URL: https://financedigest.com/category/research-reports Meta Title: Rise in Demand for Advanced Diagnostics: Global Market Analysis Meta Description: Discover key insights into the global medical imaging equipment services market, including growth projections, key players, and factors driving market URL: https://financedigest.com/title-medical-imaging-equipment-services-market-to-witness-huge-growth-by-2031-with-profiling-leading-companies-agfa-gevaert-group-althea-grouphtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/research-report-1736836995462-compressed.jpg) **Description:** **Medical Imaging Equipment Services Market: Introduction** According to the report, the global [medical imaging equipment services market](https://www.transparencymarketresearch.com/medical-imaging-equipment-services-market.html) was valued at US$ 15.46 Bn in 2020 and is projected to expand at a CAGR of 5.9% from 2021 to 2031. Government initiatives to improve awareness about advanced [technology are anticipated to drive the global medical imaging equipment services](https://www.financedigest.com/how-financial-services-companies-can-successfully-utilise-low-code-and-no-code-technologies.html "How financial services companies can successfully utilise low-code and no-code technologies") market from 2021 to 2031. North America is expected to account for [significant share of the global medical imaging equipment services](https://www.financedigest.com/hermes-bolsters-sme-service-with-significant-investment.html "HERMES BOLSTERS SME SERVICE WITH SIGNIFICANT INVESTMENT") market during the forecast period. [Growth of the medical imaging equipment services market](https://www.financedigest.com/3d-printing-in-eyewear-market-to-witness-an-outstanding-growth-during-2019-2027.html "3D Printing in Eyewear Market to Witness an Outstanding Growth during 2019 – 2027") in the region can be attributed to rise in access to healthcare and presence of key players with focus on strategic investment. The [market in Asia Pacific is likely to expand at a high CAGR](https://www.financedigest.com/the-bicycle-tire-market-to-witness-an-exhilarating-cagr-of-7-7-between-2021-and-2031.html "The Bicycle Tire Market to witness an exhilarating CAGR of 7.7% between 2021 and 2031") from 2021 to 2031. Increase in the geriatric population is projected to [boost the growth](https://www.financedigest.com/uk-businesses-call-for-looser-immigration-rules-to-boost-growth.html "UK businesses call for looser immigration rules to boost growth") of the market in the region. Moreover, [rise in number of independent service](https://www.financedigest.com/id-fraud-is-on-the-rise-can-financial-services-do-more-to-protect-their-customers.html "ID fraud is on the rise: can financial services do more to protect their customers?") organizations (ISOs) entering the market and increase in presence of local OEMs such as Canon Medical Systems Corporation (Canon Inc.), Hitachi, Ltd., and Shimadzu Corporation, who offer technologically advanced services, are likely to augment the global market. **Request Brochure of Report –** https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep\_id=14789 **Rise in** [Demand for Advanced Diagnostics for Accurate Diagnosis of Life-threatening Diseases to Propel Market](https://www.financedigest.com/isoprene-rubber-latex-market-to-surpass-us-1-6-bn-as-demand-for-medical-gloves-surges-by-9-2-fmi.html "Isoprene Rubber Latex Market to Surpass US$ 1.6 Bn as Demand for Medical Gloves Surges by 9.2%: FMI ") The demand for advanced diagnostics is expected to rise rapidly across the globe over the next few years, owing to high prevalence of diseases, increase in the geriatric population, rise in [need of superior health care services](https://www.financedigest.com/do-you-need-to-buy-guest-post-services-why.html " Do You Need to Buy Guest Post Services? why?"), and economic development. Advancements in medical imaging equipment are likely to [create new opportunities in disease prevention and early disease management](https://www.financedigest.com/aon-announces-agreement-to-acquire-risk-management-firm-creating-a-comprehensive-cyber-risk-management-advisory-group.html "Aon announces agreement to acquire risk management firm, creating a comprehensive cyber risk management advisory group") by providing cost-effective, accurate, and rapid diagnosis of diseases that have been difficult to analyze. The [increase in the demand for diagnostic scans is directly proportional to the services](https://www.financedigest.com/multilocal-continues-hiring-spree-following-increasing-demand-for-its-services.html "multilocal continues hiring spree following increasing demand for its services") growth rate, which is likely to drive the global medical imaging equipment services market during the forecast period. **Ultrasound Medical Imaging Method to Dominate Market** In terms of modality, the [global medical imaging equipment services](https://www.financedigest.com/incentive-fm-wins-contract-with-global-insurance-services-company.html "Incentive FM wins contract with global insurance services company") market has been classified into ultrasound, MRI, CT, X-ray, and others. Ultrasound is the most widely used medical imaging method. The segment dominated the market 2020 due to the presence of leading players such as Koninklijke Philips N.V., GE Healthcare, and Shimadzu Corporation. **Request for Custom Research –** https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep\_id=14789 **Original** [Equipment Manufacturers to Remain Key in Global Market](https://www.financedigest.com/food-holding-equipment-market-set-to-witness-an-uptick-size-us-5679-2-million-to-2033-future-market-insights-inc.html "Food Holding Equipment Market Set to Witness an Uptick Size US$ 5,679.2 Million to 2033: Future Market Insights, Inc.") Based on [service provider](https://www.financedigest.com/red-box-and-bloomberg-partner-to-provide-comprehensive-record-keeping-and-trade-reconstruction-services-for-financial-compliance.html "Red Box and Bloomberg Partner to Provide Comprehensive Record Keeping and Trade Reconstruction Services for Financial Compliance"), the global medical imaging equipment services market has been bifurcated into original equipment manufacturers and independent service providers. Several key manufacturers [invest in the expansion](https://www.financedigest.com/agnellis-exor-eyes-further-healthcare-investment-for-expansion.html "Agnellis’ Exor eyes further healthcare investment for expansion") of their service offerings. Moreover, innovations and advancements leading to rapid processing and shorter test time are expected to propel the segment during the forecast period and enhance the market penetration of all OEMs in emerging markets. **Equipment Repair & Maintenance** [Service Type to Account for Major Share of Global Market](https://www.financedigest.com/tableau-services-market-to-reach-us-2183-2-mn.html "Tableau Services Market to reach ~US$ 2,183.2 Mn ") In terms of service type, the global [medical imaging equipment](https://www.financedigest.com/philips-subsidiary-to-pay-over-24-million-for-alleged-false-claims-for-medical-equipment.html "Philips subsidiary to pay over million for alleged false claims for medical equipment") services market has been segregated into equipment removal & relocation, equipment repair & maintenance, refurbished systems, technical training, and software upgrades. Instruments require timely repair and maintenance, which is necessary in order to avoid improper diagnosis. This contributes to the growth of the equipment repair & maintenance segment. **Hospitals to be Major End User** In terms of end-user, the global [medical imaging equipment services market has been divided into hospitals](https://www.financedigest.com/the-icu-is-full-medical-staff-on-frontline-of-chinas-covid-fight-say-hospitals-are-overwhelmed.html "‘The ICU is full’: medical staff on frontline of China’s COVID fight say hospitals are ‘overwhelmed’"), diagnostic centers, and others. The hospitals segment dominated the global market in 2020 due to availability of skilled personnel and high market penetration of leading providers of medical imaging equipment in established as well as emerging markets. **Buy Medical Imaging Equipment Services Market Report –** [https://www.transparencymarketresearch.com/checkout.php?rep\_id=14789<ype=S](https://www.transparencymarketresearch.com/checkout.php?rep_id=14789<ype=S) **Competition Landscape** The report [provides profiles of leading players operating in the global medical imaging equipment services](https://www.financedigest.com/whats-in-store-for-2016-leading-online-trading-services-provider-easy-forex-reveals-predictions-for-the-new-year.html "WHAT’S IN STORE FOR 2016? LEADING ONLINE TRADING SERVICES PROVIDER EASY-FOREX REVEALS PREDICTIONS FOR THE NEW YEAR") market. These include Agfa-Gevaert Group, Althea Group, Canon Medical Systems Corporation (Canon, Inc.), Carestream Health (ONEX Corporation), GE Healthcare (General Electric Company), Koninklijke Philips N.V., Hologic, Inc., Fujifilm Holding Corporation, Shimadzu Corporation, Siemens Healthineers (Siemens AG), and Universal Hospital Services, Inc. **About Us** Transparency Market [Research](https://www.financedigest.com/gypsum-market-to-reach-usd-7-4-bn-by-2031-comprehensive-research-report-by-fmi.html "Gypsum Market to reach USD 7.4 Bn by 2031 – Comprehensive Research Report by FMI") is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our [reports are single-point solutions for businesses to grow](https://www.financedigest.com/bank-finance-for-cleaner-energy-grows-but-still-lags-fossil-fuels-report.html "Bank finance for cleaner energy grows, but still lags fossil fuels – report"), evolve, and mature. 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