JULY 24, 2019: The global medical imaging phantoms market size is anticipated to reach USD 199.8 million by 2026 registering a CAGR of 5.1%, according to a new report by Radiant Insights, Inc. Rising cases of lifestyle associated disorders, such as cardiac failure, Chronic Obstructive Pulmonary Disease (COPD), and Chronic Kidney Disease (CKD), are driving the market. The demand for imaging systems is on steep rise in U.S. on account of the availability of advanced systems, which help in early diagnosis. Moreover, the country is speedily adopting advanced products with introduction of favorable reimbursement policies, which is also contributing to the market development.
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Furthermore, advantages offered by these imaging phantoms help in exploring new potential applications of diagnostic imaging modalities. Increasing number of clinical trials, strict regulations for calibration of imaging systems, and development of advanced phantoms, which represent actual tissue response, are some of the important factors driving the market. High demand for advanced medical services in developing countries, such as China, India, and Latin America, is also expected to boost the demand for advanced imaging systems. This is expected to have a positive impact on the overall market growth.
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Further key findings from the study suggest:
• X-ray phantoms are expected to lead the global market as they are widely used owing to various factors, such as safety, easy handling, growing applications, and affordability
• Nuclear imaging segment is the fastest-growing segment owing to increasing advanced and safer radionuclides and high accuracy of this modality
• Hospitals segment is expected to dominate the global medical imaging phantoms market owing to favorable government initiatives to improve quality of treatment and rise in reimbursement policies pertaining to medical imaging
• Academic and research institutes segment is expected to show a steady growth on account of high product demand for educational purpose and to provide efficient training regarding the usage of imaging devices
• North America is anticipated to lead the market in future owing to high adoption of advanced medical products and increasing government expenditure for research activities
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Device type
1.1.2. End-use
1.1.3. Material
1.1.4. Regional scope
1.1.5. Estimates and forecast timeline
Continued…
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About Radiant Insights:Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 201 Spear St #1100, Suite #3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 201 Spear St #1100, Suite #3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com
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