US Medical Imaging Devices Market Set for Astounding Growth

Noida, Uttar Pradesh India (PressExposure) October 11, 2011 -- According to our latest research report, "US Medical Imaging Devices Market", the technology development in the recent years has provided the most advanced and sophisticated devices for medical imaging in the US over the past few years. The US medical imaging devices market in is anticipated to grow at a CAGR of around 9.2% during 2010-2013. Factors including an aging population that will require more intensive medical care, and technologically advanced products that will improve diagnostic and therapeutic outcomes, and complement the trend toward preventive health care, will definitely drive the stupendous growth of the industry.

We have conducted an extensive research and carried a prudent analysis of the US Medical devices industry in order to understand the factors that will continue to serve as growth driver for the market over the forecasted period (2012 and 2013). Our study indicates that Computed Tomography (CT) equipment market is the fastest growing segment of the US Medical Imaging Devices Industry. The growth in this segment will primarily be driven by increasing utilization of CT systems in the diagnosis of many diseases, advances in technology, and the use of CT in cardiovascular diagnosis.

Further, closed MRI systems sub-market will command the largest share within the MRI segment. This is mainly due to the high clinical value delivered by the systems. As far as X-Ray Systems are concerned, digital radiography equipment that provides shorter image exposure times, suitable for pediatric patients, will boost demand, as will newer laser x-rays, which offer improved resolution over traditional x-rays alone.

Other segments like Ultrasound will also witness incessant growth owing to broadening applications in breast assessment, cardiology, abdominal diseases, osteoporosis and obstetrics/gynecology, including fetal monitoring. Further, nuclear medicine imaging segment will be driven by cost effectiveness and cardiac applications due to its organ-specific diagnostic capability.

Our study on the industry indicates that, the leading manufacturers of medical imaging products for the US market include General Electric; Germany-based Siemens; and the Netherlands-based Royal Philips Electronics. Due to continuous changing demand from consumers, these companies are heavily investing on research and development and are providing innovative products. As per the recent industry trend, it has been observed that imaging OEM's are establishing corporate venture funds to compensate for restricted funding for imaging technologies during tough economic conditions.

Report on the "US Medical Imaging Devices Market" will enable the clients to identify high-growth segments and the ways in which the market is segmented in terms of the medical imaging market. The market estimates and forecasts will make the client to be decisive on whether to foray investments in the industry. Further, the gaps and opportunities, key players, the key selling products; strategic directives, operational strengths, and product pipelines in the report portrays the real characterization of the industry by RNCOS.

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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Press Release Submitted On: October 11, 2011 at 12:47 am
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