Tuesday 24 March 2020

Latest Updates : Diagnostic Imaging Services Market Booming High CAGR Value

The Global diagnostic imaging services market is projected to grow at a CAGR of 8.2% over the forecast period. In recent years, diagnostic imaging services improved their efficiency and accuracy for the of various acute and chronic diseases including cardiovascular diseases and cancer. The increasing prevalence of geriatric population and subsequent growth in the incidence of cardiac, and neurological diseases including cancer, growing government funding’s for development of medical diagnostics field, and the on-going technological advancements in imaging services are some factors that are anticipated to drive the market growth during the assessment period.  Additionally, increasing demand for diagnostic imaging devices market and development expenditure by the government as well as private sector is likely to contribute to the market growth. As per the data by the Office for National Statistics, in 2016, the gross domestic expenditure on research and development (R&D) was Euro 33.1 billion (USD 35.2 billion) in the UK. However, high cost of diagnostic imaging devices and unfavorable reimbursement policies may hamper the market growth during the assessment period.
Global Diagnostic Imaging Services Market, by Procedure
  •  X-ray
  • Computed Tomography
  • Ultrasound
  • MRI 
  • Nuclear Imaging
  • Radiography
  • Others
Global Diagnostic Imaging Services Market, by Application
  • Neurology
  • Cardiology
  • Oncology
  • Musculoskeletal
  • Others
Global Diagnostic Imaging Services Market, by Service Provider
  • Clinics & Hospitals
  • Diagnostic centers
  • Research laboratories
  • Others
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