X-Ray Systems Emerged As The Largest Segment In Diagnostic Equipment Global Market
The global diagnostic equipment market was valued at above $42 billion in 2017. Asia Pacific was the largest region in the diagnostic equipment market in 2017, accounting for less than 35% market share.
(EMAILWIRE.COM, December 17, 2018 ) The Diagnostic Equipment Global Market, one of the segments of healthcare services industry. During the historic period it grew at a compound annual growth rate (CAGR) of around 6%. This was mainly due to the increased spending in healthcare and advancement in technology
For the forecasted period, the diagnostic equipment market size is expected to be around $50 billion by 2021, growing at a CAGR of nearly 3.60%. The growth rate for forecasted period is lower when compared to the historic period. This is mainly attributed to increased rate of interest and rising cost of heavy medical equipment.
Find TBRC’s report on the Diagnostic Equipment Global Market: https://www.thebusinessresearchcompany.com/report/diagnostic-equipment-global-market-report-2018
X-ray Systems was the largest segment in the Diagnostic Equipment market with a 40% share of the market. This was mainly driven by growing aging population, changing lifestyles, technology advancements, and increase in incidences of cancer and orthopedic diseases. Ultrasound Systems was the second largest segment with 21% share of the Diagnostic Equipment market, however Nuclear Imaging Devices was the smallest segment with just 4% share of the market.
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For the forecasted period, the diagnostic equipment market size is expected to be around $50 billion by 2021, growing at a CAGR of nearly 3.60%. The growth rate for forecasted period is lower when compared to the historic period. This is mainly attributed to increased rate of interest and rising cost of heavy medical equipment.
Find TBRC’s report on the Diagnostic Equipment Global Market: https://www.thebusinessresearchcompany.com/report/diagnostic-equipment-global-market-report-2018
X-ray Systems was the largest segment in the Diagnostic Equipment market with a 40% share of the market. This was mainly driven by growing aging population, changing lifestyles, technology advancements, and increase in incidences of cancer and orthopedic diseases. Ultrasound Systems was the second largest segment with 21% share of the Diagnostic Equipment market, however Nuclear Imaging Devices was the smallest segment with just 4% share of the market.
Download a sample report: https://www.thebusinessresearchcompany.com/sample.aspx?id=258&type=smp
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results