Diagnostic Imaging Market expected to reach $830 Million by 2016
Millennium Research Group (MRG) predicts that the Indian market for diagnostic imaging systems will see a strong growth rate in the coming years and would grow at an average rate of nearly nine per cent per year. It also predicts that the market would reach almost $830 million by 2016. Strong growth is expected in the low-end and mid-range systems purchased by small hospitals and facilities in rural areas that did not have imaging capability previously. Higher priced systems for urban facilities transitioning to higher-end CT and MRI systems and from analog to digital X-ray imaging are also expected to grow rapidly.