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Global Clinical Trial Imaging Market

09-18-2018 02:42 PM CET | Health & Medicine

Press release from: Maximize Market Research

Maximize Market Research

Maximize Market Research

Global Clinical Trial Imaging Market is expected to reach USD 1297.39 Million by 2024 from USD 773.2 Million in 2016 at CAGR of 6.68% (Detailed analysis of the market CAGR is provided in the report).

Global Clinical Trial Imaging Market is segmented by product & services, imaging modality, end user, and geography. Imaging Modality segment is classified as magnetic resonance imaging, computed tomography, positron emission tomography, ultrasound and others. Computed Tomography segment is expected to register highest growth in forecast period. High advantages of CT in screenings for cancer (tumors), injuries, and abnormalities inside the body are expected to drive computed tomography market growth. Product & Services segment is bifurcated as software & services. Services sub segment is estimated to hold the largest market share in forecast period. High cost of the imaging equipment, which is leading to increased outsourcing of imaging clinical trial by pharmaceutical, biotechnology, and medical device manufacturers to service providers will result into increasing share of services segment market. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.

Increase in R&D spending and growth in the pharmaceutical and biotechnology industries are trending the overall Global Clinical Trial Imaging market. High implementation cost of imaging systems may hamper the market growth. APAC is going to emerge as one of the higher growth region in forecast period followed by North America and Europe. Growth in pharmaceutical & biotechnology industries and increase in R&D spending in the region will fuel the Global Clinical Trial Imaging Market in APAC region.

Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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