Thursday, July 30, 2015

Global Diagnostic X-ray Imaging Market is Ongoing at 4.7% CAGR for 2013-2018

The scope of diagnostic system is spread over computed tomography, X-ray imaging, nuclear imaging, ultrasound imaging, and the magnetic resonance imaging. These segments have further categories based on portability, technology, slice, field strength and architecture. The GlobalDiagnostic X-ray Imaging market for 2013-2018 is supposedly arched at 4.7% CAGR, which will recall the progress made in all the relevant sectors.

The influencing criteria are expansion through several regions, increased use of diagnostic imaging in various medical requirements around the world. The Medical Device Market Research reported that in 2013, it was North America that had the largest share in this market of about 34%, while Europe did follow the tracks. The pace of development for the Global DiagnosticX-ray Imaging for Asia-Pacific regions will be at 5.9% CAGR in 2013-2018.

Diagnostic X-ray Imaging Across the Globe


Enhanced healthcare, infrastructure, investments etc. are driving the market towards a steady growth, according to the Market Research Reports. The Asian countries are going to utilize the diagnostic imaging system greater than other nations because of research activities, increase in diseases like CVD, cancer, healthcare modernization, better Government initiatives and positive alterations in insurance coverage, as derived from the Medical Device Market Research.

The opposing challenges are high competition saturating market, cuts in reimbursements, reduction of hospital budget in the U.S., adoption of reworked devices, vague compensation processes in countries and lack of professional workforce to handle the technology, as per the market research reports. The major players are Siemens Healthcare (Germany), Philips Healthcare (Netherlands), GE Healthcare (U.K.), Hologic, Inc. (U.S.), Hitachi Medical Corporation (Japan), Toshiba Medical Systems Corporation (Japan) amidst others.

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