Medical imaging technology, which helps in creating visual representations of the interior of the body for better diagnosis, has contributed to significant advances in healthcare delivery.

The medical imaging market is witnessing a steady growth across the globe. With changing demographics, and increase in demand and awareness, the Indian medical imaging market, too, is set to witness growth at a significant rate. According to Netscribes’ research, the medical imaging market in India is growing at a fast pace, and is expected to reach a value of INR 63 billion by 2020. However, there are several challenges that could hamper the growth of this emerging market.

Our latest report throws light on the current scenario and growth prospects of India’s medical imaging market. The report also covers the market overview and growth forecast of different medical imaging equipment such as MRI, CT Scanners, X-rays, Nuclear Imaging, and Ultrasound.

Here are some key takeaways from the report:

  •  A major hindrance to the growth of the market is the poor quality of after sales services currently being offered by  most vendors.
  • The Indian computed tomography (CT) scanner market is expected to grow at a rate of 13.5% in terms of value, and 20.7% in terms of volume between 2015 and 2020.
  • India's nuclear imaging market holds the highest potential among all diagnostic imaging modalities, due to its low penetration and adoption rate.
  • Some of the key ingredients for the growth of this segment is the high patient ratio, growing awareness, and government's focus on healthcare.

 

Download the full report to get a broader understanding of industry challenges, competitive landscape and market drivers of the medical imaging sector. The report further will update you with the key developments in the medical imaging market in India, the prime opportunity areas, and help you understand major competitors' business and market dynamics.