Global Diagnostic Imaging Device Market Is Expected To Grow At A CAGR of 7.3% From 2016 To 2020

Date: 2016-09-19

The growth of the diagnostic imaging market is primarily triggered by factors such as the growing geriatric population, improving healthcare facilitates in emerging countries. According to research, the global diagnostic imaging market is expected to grow at a CAGR of 7.3% from 2016 to 2020.

On the basis of geography, North America and Europe hold larger share in diagnostic imaging market, but the Asia-Pacific is expected hold position of fastest growing region at the highest CAGR of 8.6%, in Asia, the aging population, improving healthcare facilitates are main factors to grow Diagnostic Imaging Device market in emerging countries such as China, Japan, India, and other Southeast countries.

Additionally, rising awareness about benefits of early diagnosis of diseases among individuals, technological advancement and widening application of diagnostic imaging devices and increasing funding from government bodies are fuelling the growth of the market. On the other hand, heightened risk of cancer owing to exposure to radiation, shortage of helium for magnetic resonance imaging systems and strict regulatory requirements are major concerns for the market.

Global leading players in the diagnostic imaging devices market are Siemens Healthcare, Hitachi, Ltd., Carestream Health, Inc., Samsung Electronics Co., Ltd., Toshiba Corporation, Koninklijke Philips N.V., and General Electric Company.

Diagnostic Imaging Device market share by region as following:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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