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Diagnostic Imaging Devices Market

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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 mi
Diagnostic Imaging Devices Market to Reflect Significant Incremental Opportunity of
US$35,793.4 million in 2020
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 @
https://www.persistencemarketresearch.com/market-research/diagnostic-imaging-devicesmarket/toc
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 @
https://www.persistencemarketresearch.com/market-research/diagnostic-imaging-devicesmarket.asp
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ashutosh
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