Growing demand for portable imaging and advanced technologies, such as multislice computed tomography and 3 Tesla magnetic resonance imaging, will drive sales of the world’s data converters and amplifiers, according to a recent report from Frost & Sullivan.
Additionally, the increase in the number of medical imaging equipment channels also enhances growth.
As a result, manufacturers with a portfolio of diverse product lines, and who also possess the know-how to integrate more channels with low power consumption, will likely enjoy success in this market, the report states.
New research shows that the market earned revenues of $315.96 million in 2006, and by 2011, it is anticipated to reach $582.73 million.