What is Medical Imaging Phantoms Market?
The medical imaging phantoms production is being driven by the increasing demand for minimally invasive surgical procedures and the rising awareness regarding diagnosis to detect disorders. The demand for X-ray phantoms is on the increase in spine-associated issues owing to growing X-ray applications. Medical imaging phantoms are tools used as alternatives to human tissue. These ensure that medical imaging systems provide reliable and quantitative information. Compensation offered by medical imaging phantoms is improved medical imaging technique, speedy clinical trials of drugs, and consistent, accurate, and optimal results. Medical imaging phantoms are used worldwide to ensure the safety and image quality of X-ray, MRI, CT, nuclear medicine, and radiotherapy imaging systems. These advantages are expected to propel the global medical imaging phantoms market during the forecast period.
The market study is being classified by Type (X-ray/Fluoroscopy Phantoms, Ultrasound Phantoms, CT Phantoms, MRI Phantoms, Nuclear Imaging Phantoms and Others), by Application (Hospitals, Academic & Research Institutes, Diagnostic & Reference Laboratories and Medical Device Companies) and major geographies with country level break-up.
PTW Freiburg GmbH (Germany), Leeds Test Objects LTD (United Kingdom), Gold Standard Phantoms (United Kingdom), Kyoto Kagaku Co. Ltd. (United States), Pure Imaging Phantoms (United Kingdom), Dielectric Corporation (United States), Modus Medical Devices Inc. (Canada), Carville Limited. (United Kingdom), Computerized Imaging Reference Systems, Inc. (CIRS)( United States) and Biodex Medical Systems (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Medical Imaging Phantoms market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Medical Imaging Phantoms market by Type, Application and Region.
On the basis of geography, the market of Medical Imaging Phantoms has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The increasing incidences of lifestyle-related diseases, such as chronic obstructive pulmonary disease
- The rise in the demand for early diagnostic techniques
- Growing demand for sophisticated imaging phantoms
Market Trend
- innovation and development of advanced diagnostic imaging techniques.
Restraints
- The high cost of the medical imaging phantom
Opportunities
- introduction of technologically advanced products are anticipated to boost the development of the industry
In August 2019 CIRS United States-based debuted its new quality assurance software to help users of general-purpose ultrasounds phantoms manage its ultrasounds testing program with an easy-to-use, cloud-based application.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Medical Imaging Phantoms Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry