Aug 19 2014
Research and Markets has announced the addition of the "Diagnostic Imaging Technologies Global Market - Forecast to 2020" report to their offering.
Diagnostic imaging is being identified as one of the fastest growing market of all healthcare sectors. Advances in diagnostic imaging technology have redefined how physicians diagnose and treat some of the most life threatening diseases such as cancer and heart disease and they have nearly eliminated the need for exploratory surgery. Imaging techniques would be therefore able us to diagnose, treat and cure patients without causing any harmful side effects. The different diagnostic imaging modalities include X-ray systems, Computed Tomography (CT) Scanners, Magnetic Resonance Imaging (MRI) systems, Ultrasound systems and Nuclear imaging systems.
Globally among the diagnostic imaging techniques, X-ray is the most frequently used imaging procedure with more than 100 million X-ray exams per year followed by MRI, PET, SPECT, CT and nuclear medicine. This indicates that diagnostic imaging market contributes to its highest share among all imaging techniques. The global diagnostic imaging market is expected to reach approximately $27.1 billion with a CAGR of 4.7% in coming five years.
There are many factors involved in driving the growth of the diagnostic imaging market such as emerging applications in diagnostic procedures, high prevalence of the diseases, ongoing research activities all over the world and most important thing, awareness in people about the use of early disease diagnosis.