World x-ray market expected to exceed $4B by 2018

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The global x-ray market is expected to grow from $3.6 billion to $4.23 billion by 2018, according to a report published by Kalorama Information on Mar. 12.

Kalorama conducted a complete survey of the imaging market and discovered several trends that are continuing to drive the market. These include technology, the aim for health care cost control, and the aging population. As citizens grow older, more injuries, surgeries, and chronic conditions require imaging.

According to the report, entitled Medical Imaging Markets (X-Ray, CT, MRI, Ultrasound, PET, SPECT, Others), the x-ray markets in North America and Europe will continue to dominate the market share, but growth is expected from other international areas as well.   

The report was based on current market conditions and investigation of new products from key companies.