Global Medical Imaging Phantoms Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 5.1% during forecast period.
Global Medical Imaging Phantoms Market
Advantages offered by these imaging phantoms aids in exploring new potential applications of diagnostic imaging modalities. Increased number of clinical trials, calibration of imaging systems, development of advanced phantoms, which represent actual tissue response, are some of the significant factors driving the market. High demand for advanced medical services in developing economies, like 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 global market growth.
However, cost concerns coupled with complicated maintenance and human resource & time limits are restraining growth of the global medical imaging phantoms market to some extent. Nonetheless, the factors like a large pool of undeserved patients, presence of favorable insurance policies, and increase in the proportion of the urban population are offering support to the growth of the medical imaging phantoms market globally. Additionally, factors, for instance, speedy clinical trials, accurate results, and faster results are expected to play a key role in the growth of the medical imaging phantoms market in the upcoming years.
Based on End Use, hospitals segment is expected to dominate the global medical imaging phantoms market because of favorable government initiatives to improve the quality of treatment and rise in reimbursement policies pertaining to medical imaging. Large-scale hospitals are starting in-house imaging centers, which help in saving important time during diagnosis and treatment.
Region-wise, North America region led the global market in 2018. The lead is foreseen to continue in the forecast period as well, due to increasing adoption of advanced technologies all over the end-use segments. Also, growing investment in R&D activities, increasing emphasis on early diagnosis, and focus on a few best biotechnology and pharmaceutical firms and educational centers in the region are forecast to bolster the medical imaging phantoms market in North America region.
Several key players operating in the global market for medical imaging phantoms. Carville Limited is one of the leading company in this market. Medical phantoms are frequently referred to as medical imaging quality assurance phantoms and are used for machine setting and calibration of various imaging systems with X-Ray, MRI and PET/CT. Calibration and system checking often happens daily to ensure the system is used to a known standard using the quality assurance phantom before being used on patients.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Medical Imaging Phantoms Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global Medical Imaging Phantoms Market.
Scope of the Global Medical Imaging Phantoms Market
Global Medical Imaging Phantoms Market, By Device Type
• Nuclear Imaging
Global Medical Imaging Phantoms Market, By End Use
• Academic and Research Institutes
• Diagnostic and Reference Laboratories
• Medical Device Companies
Global Medical Imaging Phantoms Market, By Material
• Stimulating Devices
• False Organ
Global Medical Imaging Phantoms Market, By Region
• North America
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in Global Medical Imaging Phantoms Market
• PTW Freiburg GmbH
• Kyoto Kagaku Co. Ltd.
• Carville Limited
• Modus Medical Devices Inc.
• Computerized Imaging Reference Systems, Inc.
• Biodex Medical Systems, Inc.
• Leeds Test Objects Ltd.
• Gold Standard Phantoms
• Pure Imaging Phantoms
• Dielectric Corporation
• True Phantom Solutions;
• Quart GmbH
• The Phantom Laboratory
• This Report Is Submitted By @ Maximize Market Research Company
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