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Demand for Medical Imaging Devices to Reach US$61 billion by 2030

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A new report from Industry Experts, Inc. on " Medical Imaging Devices Market ", has been published. As per this new market research report, the global Medical Imaging Devices market is estimated at US$43.7 billion in 2024 and projected to post a CAGR of 5.7% between 2024 and 2030 to reach US$61 billion in 2030. The growth of the Medical Imaging Devices market is driven by advancements in technology and the rising need for early diagnosis and effective management of chronic diseases. Increased healthcare spending, combined with advancements in imaging technologies such as AI integration, hybrid imaging, and portable devices, is fueling market growth. An increasing occurrence of chronic diseases like cancer, cardiovascular issues, and neurological disorders requires more frequent imaging tests, resulting in a greater demand for diagnostic tools. The North American Medical Imaging Devices market dominates the global market with an estimated share of 36.5% in 2024 ...

Global Medical Imaging Devices Market to Grow by 7% CAGR to reach $49 billion by 2020

Industry Experts, a multi industry focused market research firm, has today announced the availability of 2013 version of the market research report ‘ Medical Imaging Devices - A Global Market Overview ’. The new report reveals that the global market for medical imaging devices is estimated at US$30.2 billion in 2013. The X-Ray remains the largest imaging modality while CT, Ultrasound and MRI to follow closely during the analysis period 2010-2020. The medical imaging device industry has been evolving ever since its inception, with assurance of cost and clinical advantages offered furthering access to a range of imaging modalities in several medical applications. Demographics, such as an aging population pool, constitute a key factor in bolstering market growth, though device manufacturers are faced with the prospect of providing innovative and patient-friendly solutions that support enhanced safety and ease of operation. Global trends have suggested a marked shift from the saturated ...