What is Next Imaging Technology?
The significant development catalyst of the next imaging technology recalls developing interest for innovation for exact therapy for the therapeutic field, developing interest for high transmission speed advanced converters, and developing the business sector of mobile phones. Technological advancements in the imaging industry, and increasing investments, funds, and grants by public-private organizations boosting the growth of the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Karl Storz SE & Co. KG (Germany), Olympus Corporation (Japan), Sony Corporation (Japan), Barco NV (Belgium), Imaging Technology Solutions (United States), FLIR Systems (United States), SK hynix Inc. (South Korea), Toshiba Corporation (Japan), Hologic, Inc. (United States), Qualcomm (United States) and Samsung Electronics Co., Ltd. (South Korea) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Induction Tomography, CMOS Imaging, Electromagnetic Imaging and Others) , by application (Medical, Consumer Electronics, Automotive, Civil Engineering, Surveillance and Others) and major geographies. Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Next Imaging Technology market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Next Imaging Technology market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Karl Storz SE & Co. KG (Germany), Olympus Corporation (Japan), Sony Corporation (Japan), Barco NV (Belgium), Imaging Technology Solutions (United States), FLIR Systems (United States), SK hynix Inc. (South Korea), Toshiba Corporation (Japan), Hologic, Inc. (United States), Qualcomm (United States) and Samsung Electronics Co., Ltd. (South Korea).
Market Overview:
In Nov 2020, Siemens Healthineers and the University of Iowa Health Care (UI Healthcare) recently established a ten-year Value Partnership to provide Iowans with access to cutting-edge medical imaging technology. The partnership will also leverage artificial intelligence and data analytics to improve performance and efficiency of medical imaging, expand research opportunities, and invest in workforce training and development for staff and students.
Devices used in medical imaging are considered medical devices under the Federal Food, Drug, and Cosmetic Act (FD&C Act) as amended by the Medical Device Amendments of 1976 and subsequent related amendments. Most existing medical imaging technologies are considered non-510(k)-exempt Class I and Class II medical devices by FDA, making them eligible for clearance under the 510(k) pathway. Under the 510(k) pathway, a next-generation imaging technology may be found substantially equivalent.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Next Imaging Technology Market Dynamics:
Attributes | Details |
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Growth Drivers | - Innovation for Exact Therapy for the Clinical Area
- Developing Interest for High Transfer Speed Advanced Converters
- Developing the Business Sector of Cell Phones
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Major Trends | - Growing Potential and Need for Medical Imaging
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Restraints | - Lack of specialized mastery
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Road Blocks / Challenges | - Dearth of Trained Professionals
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Gaps & Opportunities | - High Growth Opportunities in Emerging Countries
- Growing Development of Healthcare Infrastructure
- Emergence of Cloud-based Medical Imaging
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Key highlights of the Global Next Imaging Technology market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Next Imaging Technology market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Next Imaging Technology market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Next Imaging Technology Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Next Imaging Technology market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Next Imaging Technology market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Next Imaging Technology, New Entrants/Investors, Analysts and Strategic Business Planners, Next Imaging Technology Providers, Government Regulatory and Research Organizations, Healthcare Industry, Regulatory Bodies and End-Use Industry.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.