The global market for diagnostic imaging will exceed $24.4 billion by 2016 with a compounded annual growth rate (CAGR) of 6% from 2009 to 2016, according to a new research report by GBI Research of New York City.
Nuclear medicine and ultrasound will be key revenue generators in the coming years, the report concluded.
In addition, the emerging economies of Brazil, India, and China are expected to drive demand for imaging technology, as these countries focus on healthcare through the construction of new hospitals and spending on hospitals over the next seven years.
In the U.S. and Europe, new imaging technologies will bring greater efficiency and cost savings to budget-strapped hospitals and healthcare providers, the report noted.
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