Next Imaging Technology Market, Global Market - Overview
Imaging technology is the process of creating and obtaining images from documents and photographs by electrical-tracing soundwaves, chemicals, and temperature. In other words, next imaging technology is a process for managing medical images that are used to manage, store, and control the medical imaging data with the support of image management systems. Imaging technology is one of an imminent technology which comprises visual representation of diagrams and images. The technology is spread across various commercial verticals, specifically medical sector. The healthcare sector is going through major transformations due to competitive market. To sustain in the competition medical organizations, are adopting strategies to improve and advance their medical technologies and equipment. As mentioned, the imaging technology is widely used in the medical sector to examine the body parts of the patient for medical diagnosis. Additionally, next imaging technology offers precise images to provide better results to perform medical treatments. Hence, the growing demand of imaging technology medical sector is one of the driving factor that is expected to propel the next imaging technology market size over the assessment period. Furthermore increasing penetration of smartphones that eventually leading to rising demand for digital imaging that transforms film cameras to digital cameras is also expected to create a huge popularity for the next imaging technology market
Key Players
Some of the major players in Global Next Imaging Technology Market include Karl Storz (U.S.), Olympus (Japan), Sony (Japan), Barco (Belgium), Imaging technology solutions (U.S.), Flir Systems Inc. (U.S.), SK Hynix Inc. (South Korea), TOSHIBA CORPORATION (Japan), Qualcomm (U.S.), and Galaxy Core Inc. (China) among others.
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Next Imaging Technology Market Global Market – Segmentation
The global next imaging technology market is segmented on the basis of type, technique, application, and region.
- By type, the global next imaging technology market is segmented into induction tomography, CMOS imaging, electromagnetic imaging, and others.
- By technique, the global next imaging technology market is segmented into optical, thermal, radiography, scanning, and others.
- By application, the global next imaging technology market is segmented into medical, consumer electronics, automotive, civil engineering, surveillance, and others.
Next Imaging Technology Market Global Market - Regional Analysis
North America is likely to remain the largest regional segment of the global next imaging technology market over the forecast period due to the presence of several leading players in the imaging technology field in the region and the consistent emphasis placed on produce advancement in the industry. The rapid technological progress in the consumer products as well as industrial sectors in the U.S. and Canada has created a highly supportive atmosphere for further product development in the next imaging technology market, creating strong growth prospects for the market in the medical imaging, surveillance, civil engineering, as well as consumer applications. The widespread popularity of smartphone photography in the U.S. is also a major driver for the global next imaging technology market, as companies such as Google and Apple place considerable emphasis on their camera technology when marketing their smartphones.
Europe is also likely to be a major regional market in the global next imaging technology market, driven by the steady growth in demand for remote automation services and automotive intelligence, among others.
The growing consumer electronics industry in Asia Pacific is likely to drive the demand from the next imaging technology market over the forecast period. The presence of several leading market players in countries such as Japan, South Korea, and China is also a highly favorable factor for the next imaging technology market in Asia Pacific.
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In June 2019, researchers at Penn State College of Medicine announced the development of a new 3D tissue imaging technique called X-ray histotomography. This technique is likely to be vital in clinical research into cancer in the coming years. Medical imaging technology is likely to be a highly promising application channel for the next imaging technology market over the forecast period due to the growing importance of medical imaging in obtaining a precise diagnosis and enabling finer, more detailed surgical operations.
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