Rising Demand DrivesDiagnostic Imaging Market Healthy Growth by 2022

Chicago, IL -- (SBWire) -- 08/18/2017 --According to the report, "Diagnostic Imaging Market, by Technologies (MRI, CT, Ultrasound, X-ray), Applications (Cancer, Cardiovascular, Neurology, Orthopedic, Abdominal, Gynaecology), End-users (Hospital, Research Laboratory, Diagnostic Laboratory), and Geography (North America, Europe, Asia-Pacific, and Rest of the world) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", the market for diagnostic imaging is forecasted to grow at a healthy rate by 2022. The diagnostic imaging market was expected to be worth USD 25.91 billion in 2016. By the year 2022, the market is anticipated to reach USD 36.54 billion by 2022, growing at a CAGR of 5.9% from 2016 to 2022.The rising demand in this market is attributed to the rising instances of chronic diseases and the advancements in the imaging technologies.

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The diagnostic imaging market report focuses on the revenue forecasts and growth trends for the global market. The report also focuses on the growth drivers, restraints, segmentation, and the key market players.

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According to the diagnostic imaging market report, the global market is set to grow at a healthy rate during the forecast period. This growth is attributed to the rising instances of chronic diseases, the increasing awareness towards early diagnosis of the diseases, the increased life expectancy, and the advancing technologies. Apart from that, the report also predicts a strong rise for the market from the emerging market segments. The rising awareness and healthcare reforms across the developing regions are expected to create impressive business opportunities for the key market players. The report expects that the advancing technologies in diagnostic imaging will also drive the market in the near future.

The diagnostic imaging market report segments the global market by technologies, applications, end-users, and geographic region. The technologies include ultrasound, MRI, and x-ray. The end-users include diagnostic laboratory, research laboratory, and hospitals. The application segments include gynecology, abdominal, cardiovascular, cancer, and neurology. The geographic regions include North America, Asia-Pacific, Europe, and Rest of the World. According to the report, the North America region will dominate the global market based on the market share, while Asia-Pacific will grow at the fastest rate during the forecast period.

The key players analyzed in the diagnostic imaging market report include:

1. Siemens Healthcare GmbH
2. Toshiba Medical Systems Corporation
3. Hitachi, Ltd.
4. GE Healthcare
5. Koninklijke Philips N.V.
6. Carestream Health
7. Fujifilm Holdings Corporation
8. Samsung Madison Co. Ltd.
9. Esaote SpA
10. Shimadzu Corporation

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