According to a new market report published by Persistence Market
Research “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.
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 research activities and faster adoption of technologically
advanced imaging systems are driving the use of diagnostic imaging
devices in the market.
View Full Report TOC, Figures and Tables @
In Europe, the diagnostic imaging devices market is driven by rising
diagnostic requirements due to increasing prevalence of chronic
diseases and injuries, and aging population. For instance, according
to a paper published on Cancer Incidence and Mortality Pattern in
Europe, by International Agency for Research on Cancer in France,
approximately, 3.45 million new cases of cancer were diagnosed in
Europe in 2012.
However, in Asia-Pacific the growth for diagnostic imaging devices is
much higher than developed countries due to growing awareness about
benefits of early diagnosis of disease among individuals, large
population base, upgradation of health care systems and increasing
prevalence of chronic diseases.
Siemens Healthcare, Hitachi, Ltd., Carestream, Health, Inc., Samsung
Electronics Co., Ltd., Toshiba Corporation, Koninklijke Philips N.V.,
and General Electric Company are some of the major players in
diagnostic imaging devices market.
Browse Report Overview @
No comments:
Post a Comment