Irving, Texas (PRWEB) August 01, 2012
Four decades ago, X-ray machines ruledthe diagnostic imaging industry until technological advancements changed the face of the industry with the breakthrough entry of 3-D technology.After a modest growth in the last five years, the global diagnostic imaging industry is likely to reach $25.2 billion by 2017 at a CAGR of 3.4% over 2012-2017.
Lucintel, a leading global management consulting and market research firm, has analyzed global diagnostic imaging industry and offers its findings in its comprehensive research report, "Global Diagnostic Imaging Industry 2012-2017:Trend , Profit, and Forecast Analysis."
APAC's continued high growth during the last five years is due toimproving health-related infrastructure and health consciousness. The region is expected to sustain its growth over 2012-2017.
Lucintel's analysis reveals demanding clinical and regulatory standards and increasing pricing and production pressure to be the major industry growth hurdles, while aging population and technology innovation are the two major industry growth injectors.Huge opportunities were afloat for industry players due to changing consumer spending in health-related products and technological advancement.
The major industry players are required to re-invent themselves to meet the fast changing complexities of the world. New innovative technologies are rolled out in the market that focuses on reduced scan time and early detection upon which the industry's prosperity depends. Companies adopting and adapting to portable equipment and 3-D technology will have an edge over their competition. Companies are opting for small firm acquisitionto expand and gain market share.
This Lucintel research report provides valuable insights into recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, emerging trends, industry forecasts, Porter's Five Forces Analysis, hazards, and the profitability analysis of the major industry players.
The data and analysis found in this report can be utilized for a variety of functional business reasons, includingbusiness development, strategic planning, determination of market size and trends, competitive analysis, investment decisions, and joint product development.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency.