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Diagnostic Imaging Devices - Haiti

Haiti
  • The projected revenue in the Diagnostic Imaging Devices market market in Haiti is expected to reach US$5.06m in 2024.
  • It is anticipated that the revenue will exhibit an annual growth rate (CAGR 2024-2029) of 3.66%, leading to a market volume of US$6.05m by 2029.
  • When compared globally, the United States is projected to generate the highest revenue, amounting to US$11.93bn in 2024.
  • Despite limited resources, Haiti is seeing a growing demand for diagnostic imaging devices to improve healthcare outcomes.

Definition:
The market covers diagnostic imaging devices such as X-ray systems, ultrasound systems, computed tomography scanners, Magnetic resonance imaging (MRT) systems, and related components.

Additional information:
Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.

Company examples: Siemens Healthineers, General Electric, Philips, Fujifilm Holdings. Further information on the key players can be found in the Market Shares boxes.

In-Scope

  • X-ray systems
  • Computed tomography (CT) scanners
  • Magnetic resonance imaging (MRT) systems
  • Positron emission tomography (PET) scanners

Out-Of-Scope

  • Non-imaging diagnostics
  • In vitro diagnostics (IVD)
Medical Devices: market data & analysis - Cover

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Medical Devices: market data & analysis

Study Details

    Revenue

    Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Mar 2024

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Diagnostic Imaging Devices market in Haiti is experiencing steady growth due to increasing customer preferences for advanced medical technology, the rising demand for early disease detection, and the improving healthcare infrastructure in the country. Customer preferences in the Diagnostic Imaging Devices market in Haiti are shifting towards more advanced and sophisticated devices. Patients and healthcare providers are increasingly seeking imaging devices that offer higher resolution, faster scanning times, and more accurate diagnoses. This preference for advanced technology is driven by the desire for early disease detection and better treatment outcomes. Additionally, the growing awareness about the benefits of early diagnosis and the availability of advanced imaging devices in other countries have also influenced customer preferences in Haiti. One of the key trends in the Diagnostic Imaging Devices market in Haiti is the increasing adoption of portable and mobile imaging devices. These devices offer flexibility and convenience, allowing healthcare providers to perform imaging procedures in remote and underserved areas. The portability of these devices also enables faster diagnosis and treatment, leading to improved patient outcomes. The demand for portable imaging devices is particularly high in rural areas where access to healthcare facilities is limited. Another trend in the market is the integration of artificial intelligence (AI) technology in imaging devices. AI algorithms can analyze medical images and assist healthcare providers in making accurate diagnoses. This technology has the potential to improve the efficiency and accuracy of diagnostic imaging procedures, leading to better patient care. The integration of AI technology in imaging devices is expected to drive market growth in Haiti as healthcare providers seek to enhance their diagnostic capabilities. Local special circumstances in Haiti play a role in the development of the Diagnostic Imaging Devices market. The country has a high burden of non-communicable diseases such as cardiovascular diseases, cancer, and diabetes. This has created a significant demand for diagnostic imaging devices that can aid in the early detection and management of these diseases. Additionally, the limited availability of healthcare facilities and trained professionals in certain regions of Haiti has increased the need for portable and mobile imaging devices. Underlying macroeconomic factors also contribute to the growth of the Diagnostic Imaging Devices market in Haiti. The country has been experiencing economic growth in recent years, which has led to increased healthcare spending. The government has been investing in improving healthcare infrastructure, including the procurement of advanced medical equipment. Furthermore, international organizations and non-governmental organizations have been providing support and funding for healthcare initiatives in Haiti, further driving the demand for diagnostic imaging devices. In conclusion, the Diagnostic Imaging Devices market in Haiti is developing due to increasing customer preferences for advanced technology, the adoption of portable and mobile imaging devices, the integration of AI technology, local special circumstances, and underlying macroeconomic factors. The market is expected to continue growing as healthcare providers and patients in Haiti seek access to high-quality diagnostic imaging services.

    Global Comparison

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

    Modeling approach / Market size:

    Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

    Additional notes:

    Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    Medical technology industry - statistics & facts

    Medical technology plays a role in the lives of everyone. It includes most of all, medical devices which simplify the prevention, diagnosis, and treatment of diseases and illnesses. The most well-known medical technology products are, among others, pacemakers, imaging instruments, dialysis machines, and implants. The global medical technology industry was worth over 567 billion U.S. dollars annually. Established centers of this industry include North America and Western Europe. The United States is home to the world’s largest medical technology companies. As of 2022, Abbott Laboratories had the largest global revenue at over 31.2 billion U.S. dollars. The main focus of devices manufactured by the Chicago-based company are diagnostics, cardiovascular, and diabetes care. Two other medtech companies that round off the top three largest companies –Medtronic and Johnson & Johnson – are both based in the United States. Although, industry trends show that Asia, and in particular China, is about to play a more prominent role in the years to come.
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