A new study published by Persistence Market Research, a United States-based intelligence firm, the global diagnostic imaging market is expected to grow at a compound annual growth rate of 5.2% between 2014 and 2020, for an estimated value of $35,793.4 million in 2020. The 2014 market was valued at $26,477.1 million in 2014. The full report, “Global Market Study on Diagnostic Imaging Devices: Asia-Pacific to Witness Highest Growth by 2020,” is available for download at the Persistent Market Research website.

In North America, factors such as aging populations, growing health awareness, increasing numbers of chronic diseases and injuries, ongoing research activities, and rapid adoption of advanced imaging technologies are driving growth in the market. As the title suggests, Asia-Pacific is seeing a more significant growth compared to developed countries due to growing awareness about the benefits of early diagnosis of disease, large population base, improvement of health care systems, and a rise in chronic diseases.

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