Medical Imaging Phantoms Market Outlook With Top Key Players Biodex Medical Systems, Inc.; Gold Standard Phantoms; Pure Imaging Phantoms; Modus Medical Devices, Inc.; True Phantom Solutions;

Medical Imaging Phantoms Market Outlook With Top Key Players  Biodex Medical Systems, Inc.; Gold Standard Phantoms; Pure Imaging Phantoms; Modus Medical Devices, Inc.; True Phantom Solutions;

Grand View Research, Inc. – Market Research And Consulting
According to report published by Grand View Research, The global medical imaging phantoms market size was estimated at USD 135.0 million in 2018 and is projected to expand at a CAGR of 5.1% from 2019 to 2026.

The global medical imaging phantoms market size is anticipated to reach USD 199.8 million by 2026 registering a CAGR of 5.1%, according to a new report by Grand View Research, Inc. Rising cases of lifestyle associated disorders, such as cardiac failure, Chronic Obstructive Pulmonary Disease (COPD), and Chronic Kidney Disease (CKD), are driving the market. The demand for imaging systems is on steep rise in U.S. on account of the availability of advanced systems, which help in early diagnosis. Moreover, the country is speedily adopting advanced products with introduction of favorable reimbursement policies, which is also contributing to the market development.

Furthermore, advantages offered by these imaging phantoms help in exploring new potential applications of diagnostic imaging modalities. Increasing number of clinical trials, strict regulations for calibration of imaging systems, and development of advanced phantoms, which represent actual tissue response, are some of the important factors driving the market. High demand for advanced medical services in developing countries, such as China, India, and Latin America, is also expected to boost the demand for advanced imaging systems. This is expected to have a positive impact on the overall market growth.

India medical imaging phantoms market size, by device type, 2015 - 2026 (USD Million)

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Key Takeways Of The Report :

  • X-ray phantoms are expected to lead the global market as they are widely used owing to various factors, such as safety, easy handling, growing applications, and affordability
  • Nuclear imaging segment is the fastest-growing segment owing to increasing advanced and safer radionuclides and high accuracy of this modality
  • Hospitals segment is expected to dominate the global medical imaging phantoms market owing to favorable government initiatives to improve quality of treatment and rise in reimbursement policies pertaining to medical imaging
  • Academic and research institutes segment is expected to show a steady growth on account of high product demand for educational purpose and to provide efficient training regarding the usage of imaging devices
  • North America is anticipated to lead the market in future owing to high adoption of advanced medical products and increasing government expenditure for research activities

Global medical imaging phantoms market share, by end use, 2018 (%)

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Grand View Research has segmented the global medical imaging phantoms market on the basis of device type, end use, material, and region:

Medical Imaging Phantoms Device Type Outlook (Revenue, USD Million, 2015 – 2026)

  • X-ray
  • Ultrasound
  • CT
  • MRI
  • Nuclear Imaging
  • Others

Medical Imaging Phantoms End Use Outlook (Revenue, USD Million, 2015 – 2026)

  • Hospitals
  • Academic and Research Institutes
  • Diagnostic and Reference Laboratories
  • Medical Device Companies

Medical Imaging Phantoms Material Outlook (Revenue, USD Million, 2015 – 2026)

  • Stimulating Devices
  • False Organ

Medical Imaging Phantoms Regional Outlook (Revenue, USD Million, 2015 – 2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Thailand
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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