Global imaging market to hit $27 billion in 5 years

by Brendon Nafziger, DOTmed News Associate Editor | July 29, 2011

The global market for diagnostic imaging hit an estimated $20.7 billion in 2010, and is expected to reach $26.6 billion by 2016, according to estimates released this month by Markets And Markets.

The sector should enjoy a compound annual growth rate of 4.2 percent over the next five years, analysts predicted in a summary released of the report, "Global Diagnostic Imaging (CT, MRI, X-Ray & Ultrasound) Market - Competitive Landscape & Forecasts from 2010 to 2016."

In 2010, X-ray accounted for nearly a third of the market, followed by ultrasound, with 21 percent of the market, CT scanners, 19.5 percent, and MRI, 18.5 percent. Nuclear medicine had 7 percent.

Last year, America had 36.3 percent of the market, the biggest chunk. It was followed by Europe, with 27.3 percent, Asia, 27 percent and rest-of-world, 9.4 percent.


(73) (7) Kim Schofield Odd July 30, 2011 10:14 It is odd that this article is using a picture of an Imatron C-150 EBT scanner. One of the rarest and less than 200 sold worldwide. Log inor Register to rate and post a comment
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