India Diagnostic Imaging Equipment Companies (2024 - 2029)

India Diagnostic Imaging Equipment Market Companies Summary

The Indian diagnostic imaging equipment market has seen significant growth due to the COVID-19 pandemic, which has increased the demand for computed tomography (CT) scanners. These scanners have become vital in diagnosing and managing COVID-19, particularly in patients with associated co-morbidities. The market is currently growing at a steady pace due to the resumption of diagnostic procedures, manufacturing activities, and product availability, and this trend is expected to continue in the coming years. Several key players in the market have contributed to its expansion by launching new and innovative products. For instance, one firm launched a sophisticated MRI facility at a premier neuroscience research and education institute. Another company donated a CT scan machine to a medical college and research institute as part of its corporate social responsibility activities. These initiatives, along with the growing prevalence of chronic diseases, are expected to drive market growth. However, the high cost of diagnostic imaging procedures and equipment, as well as the side effects of these procedures, could potentially restrain this growth.