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(MoneyNewsWire.Net, February 09, 2018 ) According to the report North America Diagnostic Imaging Market, published by Market Data Forecast, The Market was worth $9.45 billion in 2016 and estimated to be growing at a CAGR of 6.45%, to reach $12.91 billion by 2021. Medical imaging provides the visual image of the inside of the body for various purposes.
Diagnostic imaging has transformed the way in which many diseases and injuries are spotted, diagnosed, and treated. This market has applications in several medical arenas like cardiology, neurology, and orthopaedics. Internationally, most of the industrialized nations are spending a huge part of their GDP on healthcare necessities. The US is set to devote almost 20% of its GDP on healthcare by 2017, a higher proportion than any other developed country.
Browse market data tables and in-depth TOC of the North America Diagnostic Imaging Market to 2021 @ https://www.marketdataforecast.com/market-reports/north-america-diagnostic-imaging-market-656/
The growth of the North America Diagnostic Imaging Market is mainly driven by factors such as an increasing prevalence of cancer and cardiac, neurological, and musculoskeletal disorders, rise in cognizance for prompt diagnosis, rising number of diagnostic imaging techniques, and improving healthcare infrastructure in developing markets. However, factors such as costly procedures & equipment, side effects of diagnostic imaging procedures and saturation in the industrialized countries are hindering the growth of the market.
North America Diagnostic Imaging Market: Segmentation
By Type
X-Rays
o Portable X-Rays
o Handheld X-Rays
Nuclear Medicine
o Scintigraphy
o PET Imaging
o SPECT Imaging
Ultrasound
o 2D
o 3D
o 4D
o Doppler Imaging
MRI
Tomography
Photoacoustic Imaging
Thermography
Tactile Imaging
Elastography
Functional near infrared spectroscopy
Echocardiography
By Application
Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
Gynecology
Others
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The North America market has been geographically segmented into segmented into US and Canada. The North America market leads the global market and is very modern and is focused on innovating cost-effective techniques. Companies are committed to research, sourcing, and quality, factors that are central to the success of the industry.
Companies are showing a strong interest in enhancing image quality by developing new technologies and creating new devices or novel techniques to achieve images with higher spatial resolution. Imaging will continue to progress and provide an important set of tools for clinical study, drug development, and disease diagnosis. The major companies dominating the Diagnostic Imaging market in this region are GE Healthcare, Siemens Healthcare, Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Hologic Inc., Fujifilm Corporation, and Shimadzu Corporation.
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The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porters Five Forces
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