Significant Advancement in the Imaging Technology Propels the US Diagnostic Imaging Equipment Market

The US diagnostic imaging equipment market is projected to grow at a significant CAGR during the forecast period (2020-2026). The advancement in imaging technologies is driving the adoption of diagnostic imaging equipment in the country. A number of startups have been established in imaging technology in recent years in the US. 

Browse the full report description US Diagnostic Imaging Equipment Market Size, Share & Trends Analysis Report by Modality (X-Ray, Ultrasound, Computed Tomography, Magnetic Resonance Imaging (MRI), Mammography, and Others (Nuclear Imaging)), By Application (Oncology, Orthopedics, Cardiovascular, Neurology, Urology, Others) and Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/us-diagnostic-imaging-equipment-market

Some of the startups working include Butterfly Network, Inc., Prodiagnosis, Echometrix, STIMSHOP, Teenyco, Tchirp, Soft Scan Imaging, Salud Holistic SPA, and so on. ProDiagnose is a startup that is providing on-demand ultrasound services at a remote location to the users. The company has about 15 Board Certified medical professionals which include technicians, sonographers, and radiologists. 

Moreover, Butterfly Network, Inc., had secured funding of $100 million in 2014 for developing a new medical device that can make MRI and ultrasound more efficient and low cost. The company is presenting its new products continuously. 

In Apr 2018, Butterfly Network, Inc. announced to launch a new mobile ultrasound machine. It is expected to be of less cost of about $2,000 as compared to $25,000 to $40,000.  The company has also developed an AI-powered tool to support consults via telemedicine in Mar 2018. As per the company website, Butterfly network has about 16 patents till Jun 2018. 

  Market Coverage

Key questions addressed by the report

• What is the market growth rate during the forecast period?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and the coming years?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

o Recommendations 

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

US Diagnostic Imaging Equipment Market – Segmentation

By Modality

• X-Ray
• Ultrasound
• Computed Tomography
• Magnetic Resonance Imaging (MRI)
• Mammography
• Others

By Application

• Oncology
• Orthopedics
• Cardiovascular
• Neurology
• Urology
• Others