Product Code: ETC13399310 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global BRIC Diagnostic Imaging Equipment Market was valued at USD 7.1 Billion in 2024 and is expected to reach USD 13.2 Billion by 2031, growing at a compound annual growth rate of 26.40% during the forecast period (2025-2031).
The Global BRIC Diagnostic Imaging Equipment Market refers to the market in Brazil, Russia, India, and China for medical imaging devices such as X-ray machines, MRI scanners, CT scanners, ultrasound systems, and nuclear imaging equipment. This market is experiencing steady growth due to increasing healthcare infrastructure development, rising prevalence of chronic diseases, and expanding government initiatives for healthcare modernization in these countries. Key factors driving market growth include the growing demand for early and accurate diagnosis, technological advancements in imaging equipment, and the increasing geriatric population. Moreover, the market is witnessing a shift towards digital and portable imaging systems. However, challenges such as high costs associated with advanced imaging equipment and the lack of skilled professionals may hinder market growth in the BRIC countries.
The Global BRIC Diagnostic Imaging Equipment Market is experiencing significant growth driven by technological advancements, increasing healthcare infrastructure, and rising demand for early disease detection. Key trends include the adoption of digital imaging technologies like MRI and CT scans, the integration of artificial intelligence for enhanced diagnostics, and the growing popularity of portable and handheld imaging devices. Opportunities in the market lie in expanding into rural and underserved areas, developing cost-effective imaging solutions, and catering to the rising geriatric population`s healthcare needs. Market players can also capitalize on partnerships and collaborations with healthcare providers to offer comprehensive imaging services. Overall, the BRIC Diagnostic Imaging Equipment Market presents promising prospects for innovation and growth in the coming years.
The Global BRIC Diagnostic Imaging Equipment Market faces challenges such as intense competition among key players, rapid technological advancements leading to frequent product upgrades, and stringent regulatory requirements in emerging economies. Additionally, economic uncertainties and fluctuations in healthcare budgets in Brazil, Russia, India, and China pose challenges for market growth. Market saturation in developed regions also hinders expansion opportunities for companies operating in the BRIC countries. Furthermore, the high cost associated with diagnostic imaging equipment and the need for specialized training for operation and maintenance create barriers for market penetration, especially in rural and underserved areas within these countries. Overcoming these challenges requires innovative strategies, strong distribution networks, and a deep understanding of local market dynamics.
The Global BRIC Diagnostic Imaging Equipment Market is primarily driven by factors such as increasing prevalence of chronic diseases, rising geriatric population, technological advancements in imaging modalities, growing demand for early and accurate diagnosis, and improving healthcare infrastructure in Brazil, Russia, India, and China (BRIC countries). Additionally, government initiatives to enhance healthcare services, investments in healthcare facilities, and a shift towards digitalization of healthcare records are also contributing to the market growth. The demand for diagnostic imaging equipment is further propelled by the rising awareness about the benefits of early disease detection and the increasing adoption of advanced imaging techniques for better patient outcomes. Overall, these drivers are expected to continue fueling the growth of the BRIC Diagnostic Imaging Equipment Market in the foreseeable future.
Government policies in the BRIC countries (Brazil, Russia, India, China) related to the diagnostic imaging equipment market vary. In Brazil, the government has focused on promoting universal healthcare access, which has led to increased investments in healthcare infrastructure and technology, including diagnostic imaging equipment. Russia has implemented various initiatives to modernize its healthcare system, offering subsidies for the purchase of medical equipment to improve healthcare services across the country. In India, the government has been promoting domestic manufacturing of medical devices, including diagnostic imaging equipment, through initiatives such as the Make in India campaign. China has also been emphasizing the development of its domestic medical device industry, with policies aimed at enhancing the quality and accessibility of healthcare services, driving demand for diagnostic imaging equipment in the country.
The Global BRIC Diagnostic Imaging Equipment Market is expected to witness significant growth in the coming years due to the increasing prevalence of chronic diseases, technological advancements in imaging equipment, and rising healthcare expenditure in Brazil, Russia, India, and China. The market is projected to be driven by the demand for early and accurate diagnosis, growing awareness about the benefits of early detection of diseases, and the expansion of healthcare infrastructure in these emerging economies. Additionally, the increasing adoption of advanced imaging modalities such as MRI, CT scans, and ultrasound for various medical applications is anticipated to contribute to market growth. However, challenges such as high equipment costs and the shortage of skilled professionals may hinder the growth of the BRIC Diagnostic Imaging Equipment Market.
In the global BRIC diagnostic imaging equipment market, Asia is expected to witness significant growth due to increasing healthcare infrastructure development and rising demand for advanced medical technologies in countries like China and India. North America is anticipated to dominate the market owing to the presence of well-established healthcare facilities and high adoption rates of diagnostic imaging equipment. Europe is projected to show steady growth driven by technological advancements and increasing investments in healthcare. The Middle East and Africa region is likely to experience growth due to the expanding healthcare sector and government initiatives to improve medical services. Latin America is poised for growth with increasing healthcare expenditure and a growing focus on enhancing diagnostic capabilities. Overall, the BRIC diagnostic imaging equipment market is expected to see substantial growth opportunities across these regions.
Global BRIC Diagnostic Imaging Equipment Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global BRIC Diagnostic Imaging Equipment Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global BRIC Diagnostic Imaging Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Global BRIC Diagnostic Imaging Equipment Market - Industry Life Cycle |
3.4 Global BRIC Diagnostic Imaging Equipment Market - Porter's Five Forces |
3.5 Global BRIC Diagnostic Imaging Equipment Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global BRIC Diagnostic Imaging Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global BRIC Diagnostic Imaging Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global BRIC Diagnostic Imaging Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global BRIC Diagnostic Imaging Equipment Market Trends |
6 Global BRIC Diagnostic Imaging Equipment Market, 2021 - 2031 |
6.1 Global BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By X-Ray, 2021 - 2031 |
6.1.3 Global BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By MRI, 2021 - 2031 |
6.1.4 Global BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By CT, 2021 - 2031 |
6.1.5 Global BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Nuclear Imaging, 2021 - 2031 |
6.2 Global BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.2.3 Global BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Imaging Centers, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America BRIC Diagnostic Imaging Equipment Market, Overview & Analysis |
7.1 North America BRIC Diagnostic Imaging Equipment Market Revenues & Volume, 2021 - 2031 |
7.2 North America BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
7.3 North America BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) BRIC Diagnostic Imaging Equipment Market, Overview & Analysis |
8.1 Latin America (LATAM) BRIC Diagnostic Imaging Equipment Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia BRIC Diagnostic Imaging Equipment Market, Overview & Analysis |
9.1 Asia BRIC Diagnostic Imaging Equipment Market Revenues & Volume, 2021 - 2031 |
9.2 Asia BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa BRIC Diagnostic Imaging Equipment Market, Overview & Analysis |
10.1 Africa BRIC Diagnostic Imaging Equipment Market Revenues & Volume, 2021 - 2031 |
10.2 Africa BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe BRIC Diagnostic Imaging Equipment Market, Overview & Analysis |
11.1 Europe BRIC Diagnostic Imaging Equipment Market Revenues & Volume, 2021 - 2031 |
11.2 Europe BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East BRIC Diagnostic Imaging Equipment Market, Overview & Analysis |
12.1 Middle East BRIC Diagnostic Imaging Equipment Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East BRIC Diagnostic Imaging Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global BRIC Diagnostic Imaging Equipment Market Key Performance Indicators |
14 Global BRIC Diagnostic Imaging Equipment Market - Export/Import By Countries Assessment |
15 Global BRIC Diagnostic Imaging Equipment Market - Opportunity Assessment |
15.1 Global BRIC Diagnostic Imaging Equipment Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global BRIC Diagnostic Imaging Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global BRIC Diagnostic Imaging Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global BRIC Diagnostic Imaging Equipment Market - Competitive Landscape |
16.1 Global BRIC Diagnostic Imaging Equipment Market Revenue Share, By Companies, 2024 |
16.2 Global BRIC Diagnostic Imaging Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |