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Global Medical Imaging Phantoms Market: Investment Towards Improving Healthcare Infrastructure in Emerging Nations to Support Growth

 

Albany, NY -- (SBWIRE) -- 11/19/2018 -- The global medical phantoms market is forecast grow at a steady pace between 2018 and 2026. Medical imaging phantoms offer several improvements, helping enhance efficiency of medical devices. As these have spurred the uptake of advanced medical imaging, experts foresee steady growth for the market, which has been studied in detail in a report, titled " Medical Imaging Phantoms Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026." The report is currently available for sale on ResearchMoz.us and offers a comprehensive study on the factors enabling growth in the market at a global level. It discusses at length key threats and strategies adopted by the market players to remain competitive amidst dynamic business trends. Against this backdrop, the report is touted as an exhaustive study, compiled to help stakeholders have a more informed perspective about the global medical imaging phantoms market.

In the coming years, the market is likely to witness rising demand in North America and Asia Pacific. The presence of a well-established healthcare infrastructure is supporting the market's growth in the U.S., thus North America. In Asia Pacific, the medical imaging phantoms market will gain from the demand arising from a developing healthcare industry. The rising government investment towards developing sophisticated and modern infrastructure supporting the healthcare sector will in turn create attractive prospects for the market's growth in Asia Pacific.

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Among end users, medical device companies accounted for the dominant share in the global medical imaging phantoms market in 2017. They were closely trailed by the hospitals segment. The rising incidence of various chronic ailments, leading to increase in hospitalizations has fuelled the demand for medical imaging phantoms in hospitals. As they aim to offer optimum healthcare services and improved patient care, the demand from the hospital segment will continue to rise.

Regionally, North America emerged dominant in the global medical imaging phantoms market in 2017, as per the report. However, the region is likely to lose its stronghold by the end of the report's forecast period. Nonetheless, it will continue accounting for a significant share in terms of revenue as it continues showing high adoption of advanced 3D printed phantoms. Also the market is projected witness steadily rising demand in Asia pacific. The rising incidence of chronic ailments and the rising awareness about medical imaging will support the market's expansion in the region.

The global medical imaging platforms market witnesses the presence of several players, which has rendered its vendor landscape highly fragmented. The report profiles some of the leading players operating in the market. These include Biodex Medical Systems, Inc., PTW Freiburg GmbH, Kyoto Kagaku Co. Ltd., Gold Standard Phantoms, Pure Imaging Phantoms, Carville Limited, Dielectric Corporation, Computerized Imaging Reference Systems, Inc. (CIRS, A Castleray), Modus Medical Devices Inc., and Leeds Test Objects Ltd.

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