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Global Medical Imaging Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 212
  • CATEGORY
  • Healthcare & Life Sciences

Market Overview:

The global Medical Imaging Market size was valued at USD 31.56 billion in 2022, and is projected to reach USD 57.57 billion by 2032 at a CAGR of 5.5% from 2022 to 2032. The medical imaging market refers to the technology and equipment used for visualizing the internal structures of the human body for diagnostic and therapeutic purposes. Medical imaging includes various modalities such as X-ray, computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, and nuclear medicine. Few trends of the Medical Imaging Market are:

·         Advancements in technology: The medical imaging market size is continuously evolving with the advancements in technology. Emerging technologies such as Artificial Intelligence (AI) and 3D printing are being integrated with medical imaging to improve accuracy, speed, and efficiency in diagnosis and treatment.

·         Increasing demand for minimally invasive procedures: The medical imaging market share is witnessing a shift towards minimally invasive procedures that offer faster recovery, fewer complications, and reduced healthcare costs. This has led to the development of new imaging techniques and devices that support minimally invasive procedures.

·         Growing prevalence of chronic diseases: Chronic diseases such as cancer, cardiovascular diseases, and neurological disorders are on the rise globally, leading to an increased demand for medical imaging. The aging population and the growing burden of non-communicable diseases are expected to drive the medical imaging market growth.

·         Rising demand for point-of-care imaging: Point-of-care imaging is gaining popularity as it provides immediate results and enables quick decision-making in emergency situations. Portable and handheld devices are being developed to provide point-of-care imaging, which is expected to drive the growth of Medical Imaging Market.

Similarly, few of Medical Imaging Market opportunities include:

·         Emerging markets: Emerging markets such as China, India, and Brazil offer significant growth opportunities for the medical imaging market due to the increasing demand for healthcare services and the growing prevalence of chronic diseases in these regions.

·         Integration with healthcare IT: The integration of medical imaging with healthcare IT systems such as Electronic Health Records (EHRs) and Picture Archiving and Communication Systems (PACS) is expected to improve workflow efficiency and enhance the quality of patient care.

·         Personalized medicine: Medical imaging can play a crucial role in personalized medicine by providing precise diagnostic information and enabling targeted therapy. The growing trend towards personalized medicine is expected to create opportunities for the medical imaging market growth.

·         Home-based care: The shift towards home-based care is expected to create opportunities for the medical imaging market as portable and handheld imaging devices are being developed for use in home-based settings.

Overall, the medical imaging market is expected to grow significantly in the coming years due to the increasing demand for imaging services driven by the growing burden of chronic diseases and advancements in technology.

Growing demand for advanced medical imaging technologies is propelling Medical Imaging Market growth.

One driving factor for the medical imaging market share is the increasing demand for advanced medical imaging technologies for better diagnosis and treatment of various medical conditions. The rising prevalence of chronic diseases such as cancer, cardiovascular diseases, and neurological disorders, along with an aging population, is driving the demand for medical imaging technologies. In addition, the increasing focus on minimally invasive procedures and personalized medicine is also driving the demand for medical imaging technologies that can provide detailed and accurate images for better diagnosis and treatment planning. Furthermore, the development of artificial intelligence (AI) and machine learning (ML) technologies is expected to further drive the growth of the medical imaging market by enabling more accurate and efficient image analysis and diagnosis.

Segmentation:

Based on technology, Medical Imaging Market can be segmented into:

·         X-ray imaging

·         Ultrasound imaging

·         Magnetic resonance imaging (MRI)

·         Computed tomography (CT) imaging

·         Nuclear imaging

·         Others

Based on application, Medical Imaging Market can be segmented into:

·         Cardiology

·         Oncology

·         Neurology

·         Gastroenterology

·         Orthopedics

·         Gynecology

·         Others

Based on end-user, Medical Imaging Market can be segmented into:

·         Hospitals

·         Diagnostic imaging centers

·         Research centers

·         Others

Geography:

North America dominates the medical imaging market, followed by Europe and the Asia Pacific region. This can be attributed to the high prevalence of chronic diseases, increasing healthcare expenditure, and the presence of major market players in the region. The North American region is also witnessing a high adoption rate of advanced medical imaging technologies such as MRI, CT scans, and nuclear imaging, which is further driving the growth of Medical Imaging Market in this region. The Asia Pacific region is expected to witness significant growth in the coming years, due to the rising geriatric population, increasing healthcare infrastructure, and growing demand for advanced medical imaging technologies.

Impact of COVID-19 on the global Medical Imaging Market:

The COVID-19 pandemic has had a significant impact on the global medical imaging market. On one hand, there has been a surge in demand for medical imaging equipment and services due to the need for diagnosing and monitoring COVID-19 patients. On the other hand, there have been disruptions in the supply chain, delays in non-urgent imaging procedures, and reduced healthcare budgets due to the economic impact of the pandemic.

The initial surge in demand for medical imaging equipment and services was due to the need for chest X-rays and computed tomography (CT) scans to diagnose and monitor COVID-19 patients. This led to increased demand for portable X-ray machines, mobile CT scanners, and ultrasound machines. However, there were also challenges in the supply chain as manufacturers faced difficulties in procuring raw materials and components from suppliers, and delays in shipping and logistics. The pandemic also resulted in a decrease in non-urgent medical imaging procedures, as hospitals and clinics shifted their focus and resources to managing COVID-19 patients. This had a negative impact on the revenues of imaging service providers and manufacturers. Additionally, the economic impact of the pandemic led to budget cuts in healthcare spending, which further affected Medical Imaging Market.

Impact of the Russia-Ukraine War on the global Medical Imaging Market:

The impact of the Russia-Ukraine conflict on the medical imaging market is not significant, as the conflict is mainly confined to the region and has not affected the global supply chain for medical imaging equipment or related services. However, if the conflict escalates and spreads to other regions, it could potentially disrupt the global supply chain and affect the production and distribution of medical imaging equipment and related services. In addition, the conflict may have indirect impacts on Medical Imaging Market, such as changes in government regulations, economic instability, and political uncertainty. These factors can affect the healthcare infrastructure and investment in healthcare, which can indirectly affect the demand for medical imaging technologies. It is important to note that the impact of the conflict on the medical imaging market is likely to be limited, as the demand for medical imaging technologies is driven primarily by factors such as increasing prevalence of chronic diseases, aging population, and rising healthcare expenditure, which are not significantly affected by geopolitical conflicts.

Company Profiles:

·         General Electric Company

·         Siemens Healthineers AG

·         Koninklijke Philips N.V.

·         Canon Inc.

·         Hitachi, Ltd.

·         Fujifilm Holdings Corporation

·         Hologic, Inc.

·         Shimadzu Corporation

·         Carestream Health, Inc.

·         Esaote SpA

·         Samsung Electronics Co., Ltd.

·         Toshiba Corporation

·         Agfa-Gevaert N.V.

·         Analogic Corporation

·         Ziehm Imaging GmbH


Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Medical Imaging market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Medical Imaging would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Medical Imaging Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Medical Imaging Revenue
1.4 Market Analysis by Type
1.4.1 Global Medical Imaging Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 X-Ray Devices
1.4.3 Ultrasound Devices
1.4.4 MRI
1.4.5 CT
1.5 Market by Application
1.5.1 Global Medical Imaging Market Share by Application: 2023-2032
1.5.2 Hospitals
1.5.3 Diagnostic Centers
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Medical Imaging Market
1.8.1 Global Medical Imaging Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Medical Imaging Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Medical Imaging Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Medical Imaging Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Medical Imaging Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Medical Imaging Sales Volume Market Share by Region (2017-2022)
3.2 Global Medical Imaging Sales Revenue Market Share by Region (2017-2022)
3.3 North America Medical Imaging Sales Volume
3.3.1 North America Medical Imaging Sales Volume Growth Rate (2017-2022)
3.3.2 North America Medical Imaging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Medical Imaging Sales Volume
3.4.1 East Asia Medical Imaging Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Medical Imaging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Medical Imaging Sales Volume (2017-2022)
3.5.1 Europe Medical Imaging Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Medical Imaging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Medical Imaging Sales Volume (2017-2022)
3.6.1 South Asia Medical Imaging Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Medical Imaging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Medical Imaging Sales Volume (2017-2022)
3.7.1 Southeast Asia Medical Imaging Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Medical Imaging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Medical Imaging Sales Volume (2017-2022)
3.8.1 Middle East Medical Imaging Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Medical Imaging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Medical Imaging Sales Volume (2017-2022)
3.9.1 Africa Medical Imaging Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Medical Imaging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Medical Imaging Sales Volume (2017-2022)
3.10.1 Oceania Medical Imaging Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Medical Imaging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Medical Imaging Sales Volume (2017-2022)
3.11.1 South America Medical Imaging Sales Volume Growth Rate (2017-2022)
3.11.2 South America Medical Imaging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Medical Imaging Sales Volume (2017-2022)
3.12.1 Rest of the World Medical Imaging Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Medical Imaging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Medical Imaging Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Medical Imaging Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Medical Imaging Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Medical Imaging Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Medical Imaging Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Medical Imaging Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Medical Imaging Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Medical Imaging Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Medical Imaging Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Medical Imaging Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Medical Imaging Sales Volume Market Share by Type (2017-2022)
14.2 Global Medical Imaging Sales Revenue Market Share by Type (2017-2022)
14.3 Global Medical Imaging Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Medical Imaging Consumption Volume by Application (2017-2022)
15.2 Global Medical Imaging Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Medical Imaging Business
16.1 Siemens
16.1.1 Siemens Company Profile
16.1.2 Siemens Medical Imaging Product Specification
16.1.3 Siemens Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 GE Healthcare
16.2.1 GE Healthcare Company Profile
16.2.2 GE Healthcare Medical Imaging Product Specification
16.2.3 GE Healthcare Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Philips Healthcare
16.3.1 Philips Healthcare Company Profile
16.3.2 Philips Healthcare Medical Imaging Product Specification
16.3.3 Philips Healthcare Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 Canon Medical Systems
16.4.1 Canon Medical Systems Company Profile
16.4.2 Canon Medical Systems Medical Imaging Product Specification
16.4.3 Canon Medical Systems Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Hitachi Medical
16.5.1 Hitachi Medical Company Profile
16.5.2 Hitachi Medical Medical Imaging Product Specification
16.5.3 Hitachi Medical Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 Fujifilm
16.6.1 Fujifilm Company Profile
16.6.2 Fujifilm Medical Imaging Product Specification
16.6.3 Fujifilm Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Carestream
16.7.1 Carestream Company Profile
16.7.2 Carestream Medical Imaging Product Specification
16.7.3 Carestream Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 Konica Minolta
16.8.1 Konica Minolta Company Profile
16.8.2 Konica Minolta Medical Imaging Product Specification
16.8.3 Konica Minolta Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Shimadzu
16.9.1 Shimadzu Company Profile
16.9.2 Shimadzu Medical Imaging Product Specification
16.9.3 Shimadzu Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 Hologic
16.10.1 Hologic Company Profile
16.10.2 Hologic Medical Imaging Product Specification
16.10.3 Hologic Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Mindray
16.11.1 Mindray Company Profile
16.11.2 Mindray Medical Imaging Product Specification
16.11.3 Mindray Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Samsung
16.12.1 Samsung Company Profile
16.12.2 Samsung Medical Imaging Product Specification
16.12.3 Samsung Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Planmeca
16.13.1 Planmeca Company Profile
16.13.2 Planmeca Medical Imaging Product Specification
16.13.3 Planmeca Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 Wangdong
16.14.1 Wangdong Company Profile
16.14.2 Wangdong Medical Imaging Product Specification
16.14.3 Wangdong Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 Angell
16.15.1 Angell Company Profile
16.15.2 Angell Medical Imaging Product Specification
16.15.3 Angell Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 Southwest Medical Equipment
16.16.1 Southwest Medical Equipment Company Profile
16.16.2 Southwest Medical Equipment Medical Imaging Product Specification
16.16.3 Southwest Medical Equipment Medical Imaging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Medical Imaging Manufacturing Cost Analysis
17.1 Medical Imaging Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Medical Imaging
17.4 Medical Imaging Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Medical Imaging Distributors List
18.3 Medical Imaging Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Medical Imaging (2023-2032)
20.2 Global Forecasted Revenue of Medical Imaging (2023-2032)
20.3 Global Forecasted Price of Medical Imaging (2017-2032)
20.4 Global Forecasted Production of Medical Imaging by Region (2023-2032)
20.4.1 North America Medical Imaging Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Medical Imaging Production, Revenue Forecast (2023-2032)
20.4.3 Europe Medical Imaging Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Medical Imaging Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Medical Imaging Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Medical Imaging Production, Revenue Forecast (2023-2032)
20.4.7 Africa Medical Imaging Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Medical Imaging Production, Revenue Forecast (2023-2032)
20.4.9 South America Medical Imaging Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Medical Imaging Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Medical Imaging by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Medical Imaging by Country
21.2 East Asia Market Forecasted Consumption of Medical Imaging by Country
21.3 Europe Market Forecasted Consumption of Medical Imaging by Countriy
21.4 South Asia Forecasted Consumption of Medical Imaging by Country
21.5 Southeast Asia Forecasted Consumption of Medical Imaging by Country
21.6 Middle East Forecasted Consumption of Medical Imaging by Country
21.7 Africa Forecasted Consumption of Medical Imaging by Country
21.8 Oceania Forecasted Consumption of Medical Imaging by Country
21.9 South America Forecasted Consumption of Medical Imaging by Country
21.10 Rest of the world Forecasted Consumption of Medical Imaging by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer

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Market Research Process




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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


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