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18 Sep 2018
Digital X-ray Market to Reach USD 13 Billion by 2023
The digital X-ray market is expected to grow at a CAGR of 8.5% from USD 8.68 billion in 2018 to USD 13.04 billion by 2023, driven by a growing geriatric population and resultant increase in the incidence of global diseases, favorable regulations and government initiatives & investments, increased advantages of digital X-ray systems, and technological advancements and product development.
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18 Sep 2018
Study Examines How Medical Device Industry Can Increase Success
An aging global population, growing health awareness, and rising income levels in most emerging markets are driving the need and opportunity for high-quality medical device solutions in these regions. However, in order to capture market share in growth regions such as Asia-Pacific (APAC) and Latin America (LATAM), medical device organizations need to align their emerging-market strategies and business models in line with the regulatory and business landscapes prevailing in the target countries and markets.
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Brazil is the largest medical device market and among the top 10 in the world. The widening coverage of Brazil’s public healthcare system and expansion of its private health insurance sector has resulted in higher demand for improved medical care and increase in spending on medical devices.
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