North America Diagnostic Imaging Market Analysis, Segments, Size, Share, Growth and Recent Trends by Forecast to 2028
Get Full Report: https://www.businessmarketinsi....ghts.com/reports/nor
According to Business Market Insights’ research, the North America Diagnostic Imaging Market was valued at US$ 15,802.91 million in 2021 and is expected to reach US$ 22,392.22 million by 2028, registering an annual growth rate of 6.0% from 2021 to 2028. Burgeoning technological advancements in diagnostic imaging equipment and surging prevalence of chronic diseases.
Download Sample PDF Copy: https://www.businessmarketinsi....ghts.com/sample/BMIR
The List of Companies
General Electric Company
Siemens Healthineers
Koninklijke Philips N.V.
KARL STORZ SE & Co. KG
FUJIFILM Holdings Corporation
Canon Inc.
Hologic, Inc.
Carestream Health Inc.
Stryker Corporation
Olympus Corporation
Chronic Disease Prevalence Drives Growth in North America's Diagnostic Imaging Market
The high prevalence of chronic diseases and the aging population in North America are significantly fueling the demand for diagnostic imaging technologies.
Key Market Drivers:
High Prevalence of Chronic Diseases:
According to the Centers for Disease Control and Prevention (CDC), six in ten Americans live with at least one chronic disease, including heart disease, stroke, cancer, and diabetes.
Chronic diseases are the leading causes of death and disability in North America and represent a significant healthcare cost.
In 2020, chronic diseases accounted for nearly US$ 4.1 trillion in annual healthcare costs in the US.
Aging Population Vulnerability:
Diagnostic imaging is widely used for chronic conditions in the geriatric population, who are more susceptible to these diseases.
JMIR Publications reports that the global population aged over 60 is expected to reach 2 billion by 2050.
Healthcare Innovation:
The increasing prevalence of aging and chronic diseases necessitates healthcare innovation to improve health services.
Diagnostic imaging innovations, supported by information and communication technology (ICT), are crucial for diagnosis, treatment, and management.
ICT interventions address challenges associated with aging and chronic diseases.
Osteoporosis Detection:
Osteoporosis, a major global health problem, increases the risk of falls, fractures, hospitalization, and mortality.
Diagnostic imaging techniques, including computed tomography (CT), magnetic resonance imaging (MRI), and ultrasound, enable early detection of osteoporosis.
MRI, for example, provides detailed information on bone pathophysiology, aiding in early diagnosis and prevention of clinical consequences.
Overall Market Growth:
The combination of these factors, including the high prevalence of chronic diseases, the aging population, and technological advancements in diagnostic imaging, is driving the overall diagnostic imaging market growth.
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
