The global market for Diagnostic Imaging is projected to reach US$31.8 billion by 2025, driven by the importance of medical imaging in healthcare in disease prevention, early detection, diagnosis, and treatment. Essential in the management of all virtually all medical conditions and diseases, there is growing interest in R&D of newer and more powerful imaging technologies. Advanced imaging capabilities provide huge benefits such as early detection; better diagnosis; detailed visualization of anatomical structures;  easy and faster physician understanding of disease complications; better clinical decisions; reduced risk of errors; safer in terms of medical radiation exposure; and better patient outcome. Demand for diagnostic imaging services is poised to benefit from the growing global burden of disease which is directly linked to increasing life expectancy. With the average human living longer due to improvements in acute care, the risk of developing chronic diseases remains high leading to higher number of years lived with disability. Medications that slow progress of disease and prevent death such as BP, cholesterol drugs for cardiovascular diseases and new generation drugs for diabetics are responsible for the rise in life expectancy. For instance, drugs like Metformin has significantly increased survival rate in patients with diabetes and comorbid heart diseases. However, prolonged life with chronic diabetes leads to other diabetes-related health problems such as damage to eyes, kidneys, feet, nerves, large blood vessels of the heart, brain and legs. Higher number of years lived in less-than-ideal health pushes up demand for healthcare services. With medical imaging being the starting point for timely care and treatment, diagnostic imaging is the chief beneficiary of the aging population living with chronic diseases. Read More…

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