X-Ray Systems Make Up The Largest Segment In The Global Diagnostic Equipment Mar

Posted by sainath on September 18th, 2018

Diagnostic equipment is used for identifying the presence and cause of disease, assessing the nature of disease, designating a course of treatment, monitoring the effects of interventions and determining the recurrence of existing disease.

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The global diagnostic equipment market has shown high growth in the past years with a CAGR of over 6%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth trends claims.

The report also shows the diagnostic equipment market to grow at a lower CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

Sample Report:


X-ray systems was the largest segment in the diagnostic equipment market with an estimated 40% share of the market. This was mainly driven by growing aging population, changing lifestyles, technology advances, and increase in incidences of cancer and orthopedic diseases.

Companies included in the report are Philips Healthcare, Hitachi Medical Systems, Fujifilm Holdings, Siemens Healthcare and GE Healthcare. 

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