Global Brain Cancer Imaging Market 2018-2022 | Advancements in Imaging Technology to Boost Demand | Technavio
LONDON--(BUSINESS WIRE)--Sep 28, 2018-- analysts forecast the global brain cancer imaging market to grow at a CAGR of over 5% during the forecast period, according to their latest market research report.
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Technavio predicts the global brain cancer imaging market to be valued around USD 478 million by 2022. (Graphic: Business Wire)
The advancements in imaging technology are one of the major trends being witnessed in the . The global brain cancer imaging is witnessing significant technology advances such as 3D medical imaging equipment for cancer treatment, the emergence of hybrid imaging technologies, and the availability of portable and easy to use imaging devices.
According to Technavio analysts, one of the key factors contributing to the growth of the global brain cancer imaging market is the rising incidence of brain cancer:
Global brain cancer imaging market: Rising incidence of brain cancer
Cancer has a major impact on the health and well being of individuals across the world. It is identified as one of the leading causes of death worldwide. In 2017, approximately 0.5% of the world’s population was suffering from cancer.
According to a senior analyst at Technavio for research on medical imaging, “Brain cancer is one of the most important types of cancers, and its incidence is increasing across the world. Brain and central nervous system tumors account for approximately 30 out of every 100 new cancer cases worldwide. The brain cancer is most frequently diagnosed among individuals aged between 55 and 64 years.”
Global brain cancer imaging market: Segmentation analysis
The global brain cancer imaging market research report provides market segmentation by product (CT systems, MRI systems, PET scanners, and others), by end-user (hospitals and clinics, ASCs, dialysis centers, and others), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Among the major products, the MRI systems held the largest market share in 2017, contributing to over 45% of the market. This product segment will dominate the global market throughout the forecast period.
The Americas held the largest share of the market in 2017, accounting for close to 48% share, followed by EMEA and APAC respectively. Although APAC held the smallest share of the market, it is expected to witness the maximum increase in its market share over the forecast period.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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INDUSTRY KEYWORD: HEALTH ONCOLOGY
SOURCE: Technavio Research
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PUB: 09/28/2018 12:05 PM/DISC: 09/28/2018 12:05 PM