BRIC Diagnostic Imaging Equipment Market Introduction

BRIC diagnostic imaging equipment market is projected to value over USD 9.8 billion by 2027 end and register a CAGR of over 8.7% from the forecast period 2020-2027.

The factors inflating the BRIC diagnostic imaging equipment market size are increasing permission for the advancement of imaging facilities and the growing prevalence of associated diseases. Technological advancements in imaging modalities and increasing funds from private and public organizations are complementing the growth of the market.

The market is divided into modality, end-user, and region. Based on modality, MRI systems are expected to control the growth of the market. Increasing disposable income from BRIC countries is increasing the demand for MRI, which in this, is inflating the BRIC diagnostic imaging equipment market size. Advancement in technology coupled with increasing demand for accurate and early diagnosis is also boosting the market. Increasing adoption of MRI systems by diagnostic centres and hospitals is also proliferating the market.

In terms of end-users, hospitals are the front runner of the market. The increase in the number of diagnostic imaging procedures alongside a growing preference of imaging modalities to improve the workflow is accelerating the BRIC diagnostic imaging equipment market growth. Increasing inclination toward digitization and automation of radiology patient workflow and increasing adoption of minimally invasive procedure is escalating the market size.

In terms of regions, the market is classified into Brazil, Russia, India, and China. China is expected to show notable growth owing to increasing government emphasis on upgrading the healthcare infrastructure. Favourable government policies have resulted in prominent players investing in the region. Easy accessibility to diagnostic imaging modalities, increasing geriatric population and growing preference towards advanced modalities remain key factors boosting the market in the region.


Established players of the market are FUJIFILM Holdings Corporation, SONTU Medical Imaging Equipment Co., Ltd., United Imaging Healthcare Co, Ltd., CURA Healthcare, Allengers, Neusoft Corporation, Hologic, Inc, Carestream Health, Inc., Koninklijke Philips N.V, Siemens Healthineers, Canon Medical Systems Corporation, and GE Healthcare.

BRIC diagnostic imaging equipment market

Competitive Landscape:

Koninklijke is the leading player in the market. The company has bolstered its foothold in sectors like patient monitoring, image-guided therapy, health informatics, and diagnostic imaging 

Philips's strong geographical presence has also helped in inflating the BRIC diagnostic imaging market size. The company is aiming to penetrate emerging economies like India and China. Philips launched Epiq Elite Ultrasound System, Ingenia Edition MRI systems in India 

GE Healthcare in 2019, launched Vector CT Scan in China 

Hitachi, Ltd launched three new systems ARIETTA 50, ARIETTA 50 LE and ARIETTA 65 at European Society of Radiology in Russia earlier this year

Siemens Healthineers launched its NX Series Ultrasound machines and Mammomat Revelation Mammography System in India in 2018

BRIC Diagnostic Imaging Equipment Market Segmentation: 

By Modality

  • X-ray Imaging Systems
  • Technology
  • X-ray Digital Imaging Systems
  • Direct Radiography (DR)
  • Computed Radiography (CR)
  • X-ray Analog Imaging Systems
  • Portability
  • Stationary
  • Portable
  • Computed Tomography (CT) Scanners
  • Conventional CT systems
  • High-slice CT Scanners
  • Mid-slice CT Scanners
  • Low-slice CT Scanners
  • Cone Beam CT Systems (CBCT)
  • Ultrasound Imaging Systems 
  • Technology
  • 2D Ultrasound
  • 3D and 4D Ultrasound
  • Doppler Imaging
  • Magnetic Resonance Imaging (MRI) Systems
  • Architecture
  • Closed MRI
  • Open MRI
  • Field Strength
  • High- and Very-high-field MRI Systems
  • Low-to-mid-field MRI Systems
  • Ultra-high-field MRI Systems
  • Nuclear Imaging Systems
  • SPECT Systems
  • Standalone SPECT Systems
  • Hybrid SPECT Systems
  • Hybrid PET Systems
  • Mammography Systems

By End User

  • Hospitals
  • Diagnostic Imaging Centers
  • Other End Users 

By Region

  • Brazil 
  • India 
  • Russia 
  • China

FutureWise Key Takeaways

  • Growth Prospects
  • SWOT Analysis
  • Key Trends
  • Key data-points affecting market growth

Objectives of the Study:

  • To provide with an exhaustive analysis on the BRIC diagnostic imaging equipment market by modality, by end-user and region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • Evaluate and forecast micro-markets and the overall market 
  • To predict the market size, in key countries— Brazil, Russia, India, and China
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
  • Profiling of companies to evaluate their market shares, strategies, financial and core competencies


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What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics