Medical/Diagnostic Imaging Market Growth, Trends, Analysis and Forecast

Summary

World Medical/Diagnostic Imaging Market is Expected to Reach $45.0 Billion by 2022 - Allied Market Research

A new report published by Allied Market Research titled, "Medical/Diagnostic Imaging Market"projects that the world medical imaging market would reach $45.0 billion by 2022, registering a CAGR of 5.1% from 2015 to 2022. X-ray imaging systems is expected to continue to be the highest revenue-generating segment throughout the forecast period. North America accounted for around one-third of the market share in 2015, and is expected to dominate the overall market during the study period.

The major factors boosting the market growth include technological advancements, rising incidence of chronic diseases, and increasing geriatric population worldwide. In addition, increase in number of medical imaging procedures, and rising awareness for early diagnosis of clinical disorders are anticipated to further drive the demand for healthcare services in the world medical imaging market. However, scarcity of helium, high cost of imaging technologies, and unfavorable reimbursement scenario in the emerging economies are some of the factors restricting the market growth.

Browse full report with TOC@ https://marketreportscenter.com/reports/319310/world-medicaldiagnostic-imaging-market-opportunities-and-forecasts-2015-2022

The cardiovascular and thoracic disease application segment is projected to maintain its lead throughout the analysis period owing to increase in the number of medical imaging services and technological advancements. In addition, technological innovations in the imaging industry have facilitated the development of cost-effective and smaller point-of-care ultrasound systems for cardiac evaluation. Mammography systems has emerged as the fastest growing segment, registering a CAGR of 8.3%, in terms of revenue, during the forecast period. Innovation and digitalization of mammography devices are the major factors contributing to this segments...