Transparency Market Research

Global Diagnostic Imaging Market: Focus on Preventative Healthcare to Spur Growth

Transparency Market Research Report Added "Diagnostic Imaging Market" to its database.


Albany, NY -- (SBWIRE) -- 02/09/2016 -- Diagnostic imaging techniques, with their ability to effectively monitor diseases while being non-invasive in nature, are being used by an increasing number of diagnosticians. The future of the global diagnostic imaging market, thus, will be shaped by the increasing incidence of new conditions and the prevalence of chronic diseases, which need timely diagnosis. In its report, titled, 'Diagnostic Imaging Market - Global Industry Size, Share, Trends, Analysis and Forecasts 2012–2018,' Transparency Market Research conducts a thorough evaluation of the market to present growth projections and a qualitative analysis.

Diagnostic imaging technologies such as X-rays, MRI, and CT scans have seen greater adoption over the past two decades. The previously mentioned advantages of diagnostic imaging technologies can be credited for their increased acceptance in the healthcare industry. The trend of preventative healthcare is gaining traction owing to two key reasons: Patients are now more aware about keeping tabs on their own wellbeing and insurance reforms in several countries have given consumers the power to afford preventative healthcare packages. These trends have augured well for the growth of the global diagnostic imaging market.

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The graying population, especially in countries that experienced a baby boom in between the 1940s and 1960s, is now contributing substantially to the growth of the diagnostic imaging market. This is expected to be yet another factor fuelling the market through the report's forecast period, which ranges from 2012 to 2018.

According to the report, X-ray is the most widely used diagnostic imaging technology. The use of ultrasound technology for diagnosing diseases and conditions is prevalent as well, but slightly less so than X-ray technology. However, some sections of consumers harbor concerns about the efficacy and safety of diagnostic imaging technologies. For instance, the risk of being exposed to radiation is a concern associated with X-ray-based diagnostic imaging. Thus, companies will have to pay more attention to addressing consumers' concerns and making diagnostic imaging more pocket-friendly. Convenience will be another factor influencing purchase decisions in the future – healthcare practitioners are now more inclined to use portable and compact diagnostic imaging systems

Some of the restraints faced by the diagnostic imaging market, as discussed in the report include: Saturation in developed economies and underdeveloped health insurance coverage in emerging countries.

The report studies the diagnostic imaging market in the following regions: North America, Asia Pacific, Europe, and Rest of the World. The report also profiles important players in the diagnostic imaging market, with the leaders being: Siemens, Phillips, and GE.

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