The global medical imagining equipment market is expected to reach $35.35 billion by 2019, growing at a compound annual growth rate of 5.4 percent, according to a news release from Transparency Market Research.
Part of the increased demand is due to a rise in heart disease, brain disorders and oral conditions that require producing images of organs, according to the news release.
CT scanners and nuclear imaging equipment are expected to have the highest growth rate, as they effectively diagnose many diseases in a shorter time, according to the news release.
Additionally, the North American region held the largest share for revenue in 2012, but the Asia-Pacific region is expected to see the largest growth rate (more than 7 percent) through 2019, according to the news release.
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