Singapore Medical Imaging Market Report 2022 to 2030

Singapore Medical Imaging Market Analysis

$ 3999

Singapore medical imaging market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. Teaching hospitals and universities are projected to need more modern imaging modalities in order to train students in cutting-edge technology, which is anticipated to have a significant impact on market growth. The major key players in this market are GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, Canon Medical Systems Corp., Mindray Medical International, Esaote, Hologic, Inc., Samsung Medison Co., Ltd., Koning Corporation, PerkinElmer Inc., FUJIFILM VisualSonics Inc., Cubresa Inc.

ID: IN10SGPH329 CATEGORY: Pharmaceuticals GEOGRAPHY: Singapore AUTHOR: Aneri Parekh

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Singapore Medical Imaging Market Analysis Summary

Singapore Medical Imaging Market is valued at around $47.6 Mn in 2022 and is projected to reach $72.8 Mn by 2030, exhibiting a CAGR of 5.47% during the forecast period 2023-2030.

Medical imaging describes the methods and procedures used to create images of the human body (or specific body parts) for a range of therapeutic purposes, such as operations and diagnoses, as well as medical science, which encompasses the study of typical anatomy and function. Radiography, endoscopy, thermography, medical photography, and microscopy in a broader sense are all included in this subset of biological imaging. Medical imaging includes measurement and recording methods like Electroencephalography (EEG) and Magnetoencephalography (MEG), which produce data that can be shown as maps rather than images.

Medical imaging is a method for creating various inside images of the body for the diagnosis and treatment of diseases. Since it can help in the early detection of some internal illnesses and the proper treatment of those problems, this technology is very significant in improving people's health around the world. It is also feasible to research previous diagnoses and treatments. Teaching hospitals and universities are projected to need more modern imaging modalities in order to train students in cutting-edge technology, which is anticipated to have a significant impact on market growth. The major key players in this market are GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, Canon Medical Systems Corp., Mindray Medical International, Esaote, Hologic, Inc., Samsung Medison Co., Ltd., Koning Corporation, PerkinElmer Inc., FUJIFILM VisualSonics Inc., Cubresa Inc.

Market Dynamics

Market Growth Drivers

The demand for medical imaging in hospitals and diagnostic facilities is rising as a result of the rising frequency of chronic diseases, particularly in the senior population. Medical imaging is becoming more reliable thanks to a number of technical developments, which raises demand for it in the healthcare industry. As healthcare expenditures climb in both developed and underdeveloped countries, medical imaging is becoming more and more in demand. All of these factors together will propel the medical imaging sector over the anticipated time frame. Additionally, it is projected that growing R&D activities, the adoption of state-of-the-art medical imaging modalities, and improving healthcare infrastructure will fuel market expansion.

Market Restraints

The market's growth, however, is probably going to be constrained by a dearth of skilled medical workers, high equipment costs, a scarcity of suppliers of imaging reagents, and strict governmental regulations.

Competitive Landscape

Key Players

GE Healthcare
Koninklijke Philips N.V.
Siemens Healthineers
Canon Medical Systems Corp.
Mindray Medical International
Esaote
Hologic, Inc.
Samsung Medison Co., Ltd.
Koning Corporation
PerkinElmer Inc.
FUJIFILM VisualSonics Inc.
Cubresa Inc.

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Singapore Medical Imaging Market Segmentation

By Type

Services
Product

By Modality

Stationary
Portable

By Procedure

Computed Tomography (CT) Scan
X-Ray Imaging
Magnetic Resonance Imaging (MRI)
Ultrasound
Nuclear Imaging (SPECT/PET)
Others

By Technology

Direct Digital Radiology
Computed Radiology

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.