Clinical Trial Imaging Market Study Increasing Number of Contract Research Organization | IXICO plc, Resonance Health, Bioclinica, ICON plc, BioTelemetry, Inc, Radiant Sage LLC

Clinical Trial Imaging Market research report consists of the systematic and comprehensive market research study that provides the facts and figures in the field of marketing. The report provides market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. For sound decision making and superior management of goods and services, these days businesses are adopting a market research report solution. This report has well interpreted and well categorized market research data that brings marketplace clearly into the focus.

Global Clinical Trial Imaging Market is projected to register a substantial CAGR of 6.7% in the forecast period of 2019 to 2026. The new market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

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This Global Clinical Trial Imaging Market report is mainly delivered to the users in the form of PDF or spreadsheet. However, PPT format can also be offered if the client has specified such requirement. The competitive landscape part of the report provides a clear insight into the market share analysis of key industry players. CAGR values for the market for an estimated forecast period of 2019 to 2026 are mentioned in the report which helps determine costing and investment values or strategies. By combining lot of efforts and leaving no stone unturned, this market report has been prepared. In addition, this Clinical Trial Imaging Market report also offers top to bottom assessment of the market as far as income and developing business sector is concerned.

Major Players: Global Clinical Trial Imaging Market

Some of the major players operating in this market are : BioTelemetry, Inc, IXICO plc, Resonance Health, Bioclinica, ICON plc, Radiant Sage LLC, Lyscaut Medical Imaging Company, Quotient Sciences, worldcare Clinical, Navitas Life Sciences, Cardiovascular Imaging Technologies, Intrinsic Imaging, Image Core Lab, ERT Clinical, Perspectum Diagnostics, Anagram 4 clinical trials, Parexel International Corporation among others.

Market Trends:

Global clinical trial imaging market is segmented into five notable segments which are basis of product & services, modality, application, end user and distribution channel.

On the basis of product & services, the market is segmented into services and software.

On the basis of modality, the market is segmented computed tomography, magnetic resonance imaging, echocardiography, nuclear medicine, positron emission tomography, X-ray, ultrasound, optical coherence tomography and others.

On the basis of application, the market is segmented oncology, neurology, endocrinology, cardiology, dermatology, hematology and others

On the basis of end user, the market is segmented into pharmaceutical & biotechnology companies, contract research organizations, academic and government research institutes, medical device manufacturers and others

On the basis of distribution channel, the market is segmented into direct sales and tender sales

Drivers: Global Clinical Trial Imaging Market

Rising R&D expenditure
Increasing number of contract research organization

Restraints:

High risk radiation causing diseases
High implementation cost of imaging system

Opportunity: Strategic initiatives for business expansion

Challenge: Strict regulatory policies

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Imaging techniques are highly used in oncological clinical trials for gaining accurate evidences in order to make a good decision. In the clinical trial imaging, the technology of imaging representations for medical includes the service of radiographers (X-ray technologists), medical physicists, radiologists, sonographers (ultrasound technologists), nurses and biomedical engineers.

The first computer-based image analysis was introduced in the year 1960. Initially medical imaging was started with the technology of X-rays, at that time the procedure of X-ray would be passed through the body onto some film, which would generate an image and it would take around 11 minutes to complete the procedure of X-ray. Digitalization technique was introduced in 1970. This new technique contains digital image of the inner parts of the body such as computed tomography scanner. This digital technique has many benefits such as ease of storing records, it has the ability to use computers to analyze images and detect issues and it has the ability to enhance images with the use of technology.

In July 2019, Paraxel International Corporation extends the launch of Health Advances Asia Limited to improve the commencement of drug development and commercialization in Asia/Pacific by its strategic consulting subsidiary. The Health Advances help both the multinational and the local companies to expand in the global market and to assist their clients in further developments.

In April 2019, Perspectum Diagnostics launched MRCP+ at the international liver congress which will focus on clinical practices. It studies the new data found in MRCP+ studies of patients. It has the ability to diagnose and develop new treatments bringing the light of possibility to further investigation that is monitoring further assessment application. It was launched to give measurements that could further investigate into qualitative MRCP+ to provide further information for researchers.

In February 2019, ICON Plc announced that they have acquired MolecularMD, a molecular diagnostic specialty laboratory. After this acquisition ICON's laboratory has enhanced its offerings in molecular diagnostic testing leading towards the expansion of testing platforms, such as next immunohistochemistry (IHC) and generation sequencing.

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