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Global Diagnostic Imaging Device Market - Asia-Pacific is
expected to show high growth rates in the next five years (2020)
Persistence Market Research
Global Diagnostic Imaging Device Market is
expected to grow at a CAGR of 5.2% from
2014 to 2020 - Persistence Market Research
Persistence Market Research
1
Global Diagnostic Imaging Device Market - Asia-Pacific is
expected to show high growth rates in the next five years (2020)
Persistence Market Research Released New Market Report “Global Market Study on
Diagnostic Imaging Devices - Asia-Pacific to Witness Highest Growth by 2020,” the
global diagnostic imaging devices market was valued at USD 26,477.1 million in 2014 and is
expected to grow at a CAGR of 5.2% from 2014 to 2020, to reach an estimated value of USD
35,793.4 million in 2020..
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The global diagnostic imaging devices market is growing at a moderate rate owing to
increasing prevalence of chronic diseases and injuries, and growing aging population.
Moreover, factors such as rising initiatives undertaken by government associations to boost
awareness of the effects and complications of tuberculosis, cardiovascular diseases, and
cancer, and technological advancement and widening application of diagnostic imaging
devices are driving the global diagnostic imaging devices market. In addition, increasing
funding from government bodies is also promoting the use of diagnostic imaging devices in
the regions. However, factors such as strict regulatory requirements and heightened risk of
cancer owing to exposure to radiation are inhibiting the market growth. The global
diagnostic imaging devices market is anticipated to grow from an estimated USD 26,477.1
million in 2014 to USD 35,793.4 million in 2020 at a CAGR of 5.2% during the forecast
period.
In North America, growing aging population, increasing health awareness, rising chronic
diseases and injuries, large number of ongoing...