Research Nester released a report titled “Radiology Devices Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the radiology devices market in terms of market segmentation by product type, application and region.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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Radiology Devices Market to Grow with a Moderate CAGR during
2021-2029; Rapidly Increasing Geriatric Population and
Consequent Increase in Prevalence of Age-Related Diseases to
Drive the Market Growth
Research Nester released a report titled “Radiology Devices Market:
Global Demand Analysis & Opportunity Outlook 2029” which
delivers detailed overview of the radiology devices market in terms of market
segmentation by product type, application and region.
Further, for the in-depth analysis, the report encompasses the industry
growth indicators, restraints, supply and demand risk, along with detailed
discussion on current and future market trends that are associated with the
growth of the market.
The radiology devices market is projected to grow with a moderate CAGR
during the forecast period, i.e., 2021-2029 on account of the growth in
geriatric population and consequent rise in prevalence of age-related issues.
As per WHO, the burden of chronic diseases was estimated to reach 57% by
2020 on a global level.
The market is segmented by product type into X-ray device, CT scanner, MRI
equipment, ultrasound imaging system, nuclear imaging system, and others.
Among these segments, the MRI equipment segment is anticipated to hold
the largest share by the end of 2021 in the radiology devices market as a
result of the soaring demand for early and accurate diagnosis along with
technological developments in the segment. It is also gaining worldwide
recognition for its usage by hospitals and imaging centers on a global scale.
On the basis of region, the market is segmented into North America, Europe,
Asia Pacific, Latin America, and the Middle East & Africa, out of which, the
radiology devices market in the Asia Pacific is projected to grow at the
highest CAGR throughout the forecast period. Currently, the market in North
America holds the largest share. This can be attributed to the presence of
most developed technology, accompanied by the presence of leading
healthcare service providers in t