Hyderabad, India -- (SBWIRE) -- 03/06/2018 -- In the United States, around 117 million people are stricken by one or more chronic illnesses. With the fast increase of persistent illnesses and a need for higher diagnostic and imaging technologies, the marketplace is anticipated to develop rapidly over the forecast period.

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The main factor driving the increasing usage of the Advanced Visualization marketplace is the growing cases of cancer across the globe. In 2016, an estimated 1.6 million new cases of cancer were diagnosed in USA, with around 590,000 humans dying from it. Cancer is the second fundamental cause of loss of life globally, accounting for around 8.8 million deaths in 2015. Nearly 1 in 6 deaths globally occurred due to cancer. Almost 70% of deaths from cancer manifest in low income regions.

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The fundamental reasons of most cancers loss of life in 2015 were from Lungs (approx.1.7 million deaths), Liver (approx.788 000 deaths), and Colorectal (approx. 774 000 deaths), belly (approx.754 000 deaths) and Breast (approx.571 000 deaths).

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North America has been the largest market for advanced visualization, with the U.S. being the larger contributor to the regional market. The market is largely driven by factors such as technological advancements, increasing healthcare expenditure, growing geriatric population, improved healthcare infrastructure and growing prevalence of chronic diseases.

Some of the major companies dominating the market, by their products and services include General Electric Company (U.S.), Canon Inc, Siemens AG (Germany), Koninklijke Philips N.V. (Netherlands), Fujifilm Holdings Corporation (Japan), Toshiba Corporation (Japan), Terarecon, Inc. (U.S.), Carestream Health, Inc. (U.S.), Pro Medicus Limited (Australia), Ziosoft (Japan), Agfa-Geveart N.V. (Belgium), and Qi Imaging, LLC (U.S.).

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