South Korea Diagnostic Imaging Market to be Dominated by the Rise of Chronic Disorders Through 2028.5
Increasing
incidences of chronic diseases and technological advancement is expected to
drive the growth of South Korea Diagnostic Imaging Market in the forecast
period 2024-2028.
According to TechSci Research report, “South Korea Diagnostic
Imaging - By Region, Forecast and Opportunities, 2018-2028”, South Korea Diagnostic
Imaging Market is anticipated to grow at a steady rate in the forecast period 2024-2028,
which can be majorly ascribed to the rising incidences of chronic disorders. The
market of diagnostic imaging is increasing in South Korea due to the growing
geriatric population. Furthermore, the market growth is also influenced by the
entry of new startup companies manufacturing diagnostic imaging devices by
incorporating artificial intelligence and machine learning.
The market's
expansion is impeded by the lack of radiologists and the high cost of
diagnostic imaging devices. Nowadays, the population is more aware regarding
the early detection and diagnosis of chronic disorders.
The South
Korean market for diagnostic imaging has been significantly impacted by the
COVID-19 outbreak. The severe need for COVID-19 testing and treatment took
precedence during the pandemic, which temporarily reduced the number of imaging
operations not related to COVID. To prioritize resources and lower the risk of
transmission, many routine tests and elective operations were postponed or
cancelled. The pandemic allowed patients to receive consultations and imaging
examinations remotely, but it also hastened the implementation of telemedicine
and remote imaging services. The pandemic also brought focus to the value of
diagnostic imaging in identifying and tracking COVID-19 patients, which raised
the demand for chest imaging, such as X-rays and CT scans.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "South Korea Diagnostic Imaging Market".
The South Korea Diagnostic
Imaging Market
can be segmented by Type, by Mobility, by Source, by Application, by End User and
by Region.
The South
Korea Diagnostic Imaging Market can be divided into X-Ray Imaging Solutions,
Ultrasound Systems, MRI Systems, CT Scanners, and Nuclear Imaging Solutions,
based on type. Due
to technological developments in the MRI modality and the expansion of MRI's
use in the medical field, MRI systems will continue to hold the majority of
market share in the coming years. Compared to CT scan, MRI has better soft
tissue and can distinguish between fat, water, muscle, and other soft tissue.
Bones are typically imaged using CT.
The South Korea
Diagnostic Imaging Market is divided into Portable and Standalone based on
mobility. In South Korea, the market for diagnostic imaging is expected to be
dominated by portable devices throughout the forecast period for a number
of factors. Greater accessibility to imaging services is made possible by
portability, particularly in remote or underdeveloped regions in which
traditional imaging modalities might not be easily accessible. The use of
portable gadgets by healthcare providers at the point of service reduces
patient wait times and enables quicker diagnostics. These devices provide ease
and flexibility. Additionally, improvements in wireless and miniaturization
technologies have increased the capability of portable devices, making it
possible to provide high-quality imaging that is comparable to that of
conventional equipment. The popularity of portable imaging devices is further
fueled by the rising need for telemedicine and home healthcare, which makes
remote diagnosis and monitoring possible.
Based on end user, the
South Korea Diagnostic Imaging market may be further segmented into Hospitals
& Clinics, Diagnostic Centers, Ambulatory Care Centers, and Others. In
anticipated years, the diagnostic centre is anticipated to gain the highest
share. It is because diagnostic centres primarily employ diagnostic imaging
equipment for the identification and treatment of various chronic illnesses.
Major companies operating in South Korea Diagnostic Imaging Market
are:
·
FUJIFILM
Holdings Corp
·
GE
Healthcare Korea Co Ltd
·
Koninklijke
Philips N.V
·
Siemens
Healthineers
·
Medonica
·
Canon
Medical Systems Korea
·
F.
Hoffmann-La Roche AG
·
Bio-Rad
Laboratories, Inc.
·
Abbott
Korea Ltd.
·
Fisher
Scientific Korea Ltd.
·
DR
TECH CORP
Download Sample Report
Customers can also request
for 10% free customization on this report.
“In
South Korea, the market for diagnostic imaging is expanding significantly due
to several factors. Demand is being fueled by increasing awareness regarding
early detection and diagnosis, which is being supported by public health
efforts and an increased focus on preventative healthcare. Accuracy and
efficiency are being improved by technological developments such as advanced
imaging modalities and analytics powered by AI. However, there are also
challenges, such as high expenses, infrastructural limits, and worries regarding
data privacy. The diagnostic imaging market in South Korea will grow more
rapidly if these issues are overcome and future trends like telemedicine and
remote imaging services are properly taken advantage of.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“South Korea Diagnostic Imaging Market
By Type (X-Ray Imaging Solutions, Ultrasound Systems, MRI Systems, CT Scanners,
Nuclear Imaging Solutions), By Mobility (Portable v/s Standalone), By Source
(Domestic v/s Import), By Application (Cardiology, Oncology, Neurology,
Orthopaedics, Gastroenterology, Gynaecology, Others), By End User (Hospitals
& Clinics, Diagnostic Centers, Ambulatory Care Centers, Others) Region,
Competition, Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of South Korea
Diagnostic Imaging Market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in South Korea
Diagnostic Imaging Market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com