What is driving the Asia Pacific Medical Imaging Market Growth? See with Prominent Players

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Asia Pacific Medical Imaging Market is expected to witness 7.3% CAGR from 2019 to 2026. The Asia Pacific Medical Imaging Market research is the compilation of all the key drivers, opportunities, restraints, and challenges that directly influence the market. The report is beneficial to the readers since it helps them to understand the current market scenario including trends. The report impactful factors are described with details to help business owners, distributors, suppliers, and more in planning their future activities carefully and gain significant profits in the coming years. Demand for minimally invasive and rapid diagnostic methods are rising in the developing economies. The growth is attributed to the complication and risk associated with the invasive methods. Invasive methods are often riskier compared to minimally invasive technique. Severe blood loss, prolonged time for recovery, and complexity involved in the invasive procedures may discourage the patients, leading to increased demand for minimally invasive methods. Also, minimally invasive surgery offers a higher accuracy rate and smaller inclusions compared to traditional open surgery. As a result, the demand is rapidly growing for minimally invasive procedures favoring the market growth.

Based on product, the Asia Pacific medical imaging market is segmented into nuclear imaging, X-ray devices, ultrasound, computed tomography, magnetic resonance imaging, and mammography. Amongst them, the computed tomography segment held more than USD 1.2 billion in 2019. CT scanners offer several advantages when compared with the other imaging techniques such as X-ray and MRI scanning and provides excellent results for imaging of bones and soft tissues. CT is becoming a method of choice for imaging, specifically among trauma patients. As, CT exams are simple, fast and enable a quick overview of possibly life-threatening tumors. Moreover, CT scan reduces the length of hospitalizations by providing high spatial resolution and good soft tissue resolution thus, enhancing the Asia Pacific Medical Imaging Market growth. Based on the end-use, the Asia Pacific medical imaging market is classified into hospitals, diagnostic centers and others. Amongst them, the diagnostic centers segment captured over 29% market share in 2019. The adoption of diagnostic centers is increasing significantly in Southeast Asian countries including Thailand and Malaysia, fostering the market growth. Rising demand for advanced imaging 1|Page


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