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21 Feb 2017
Molecular Diagnostics Market Worth Nearly USD 7 Billion
The size of the molecular diagnostic testing market has reached USD 6.7 billion and is being driven by the growing threat of infectious disease and cancer, as well as the development of new products. These are the latest findings of Kalorama Information, an independent medical market research firm.
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21 Feb 2017
Top Three Emerging Trends Impacting Global MRI Systems Market
The size of the global magnetic resonance imaging (MRI) systems market is expected to reach USD 7.52 billion by 2021, driven by top three emerging trends: strategic initiatives; growing focus on development of PET/MRI hybrid imaging systems, and; growing importance of tele-imaging. These are the latest findings of Technavio Research, a global technology research and advisory company.
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The Indian medical device market is the fourth largest in Asia with 700 medical device manufacturers, and ranks among the top 20 in the world, as per data provided by the India Semiconductor Association. India’s medical device market is estimated to be worth USD 3.2 billion and is likely to be among the world's fastest growing markets over the next five years. The need for sophisticated medical devices and equipment is being driven by an increase in the number of hospitals and higher demand for healthcare facilities.
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