Dublin, April 25, 2024 (GLOBE NEWSWIRE) -- The "Medical Imaging Devices Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.
Overall world revenue for Medical Imaging Devices Market, 2023 to 2034 in terms of value the market will surpass US$ 54.3 billion in 2024, the work calculates. The publisher predicts strong revenue growth through to 2034. The work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
The Medical Imaging Devices Market Report 2023-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
High cost of devices
Expensive imaging devices hinder the growth of the market. Advanced technological devices need to be purchased at high cost that may be a challenge for adoption at various healthcare facilities. Developed countries are able to install such high-end devices but emerging countries face financial challenges. Lack of infrastructure and funding in emerging countries pose barrier to install such devices and provide advanced care for patients. Hence, high costs and associated maintenance costs for products and services are expected to impact the market.
Complex regulations for equipment
Increasing initiatives by government authorities around the world to implement regulatory standards have posed a barrier for device manufacturers. These regulations have complex processes for implementation that increases the financial burden and operational costs associated with the process. For instance, the US FDA implemented the unique device identification system (UDI) to identify sold medical devices from manufacturing to distribution to patient use. Furthermore, the European Union Medical Device Regulation (MDR) documentation and other requirements are stricter and following of regulations is at higher level. For example, the 30-day timeframe for reporting serious incidents under Medical Device Directive (MDD) has become only 15 days under MDR.
You need to discover how this will impact the Medical Imaging Devices market today, and over the next 10 years:
This report tells you TODAY how the Medical Imaging Devices market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2034 and other analyses reveal commercial prospects.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, "V", "L", "W" and "U" are discussed in this report.
Segments Covered in the Report
Type
Application
End-user
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 20 leading national markets.
Companies Featured
For more information about this report visit https://www.researchandmarkets.com/r/1q85j2
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