According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 5.8% between 2020 and 2030. The factors driving the expansion of the market are the soaring healthcare expenditure, burgeoning requirement for diagnostic imaging procedures, rising incidence of chronic diseases, and increasing healthcare expenditure across the world.

As per the 2019 World Population Ageing report published by the United Nations (UN), the total population of people in the age bracket- 65 years or above- will grow from 703 million in 2019 to 1.5 billion by 2050. Moreover, as geriatric people need extensive care, on account of the fact that they are highly vulnerable to chronic diseases, because of the low immunity levels, their surging population is fueling the demand for diagnostic imaging systems.

This share increased to 17.0%, 5.1%, 3.5%, and 9.4% in the U.S., China, India, and Brazil, respectively, in 2017. Besides these factors, the rising incidence of chronic diseases is also fueling the growth of the diagnostic imaging systems market. Across the globe, chronic obstructive pulmonary disease (COPD), type 2 diabetes, cancer, and cardiovascular diseases (CVDs) are some of the most prevalent chronic diseases and are mainly caused due to high cholesterol, obesity, and high blood pressure.

As per the Centers for Disease Control and Prevention (CDC), out of every 10 adults in the U.S., 6 are diagnosed with chronic diseases. Depending on product, the diagnostic imaging systems market is classified into ultrasound systems, X-ray imaging systems, magnetic resonance imaging (MRI) systems, nuclear imaging systems, and computed tomography (CT) scanners. Amongst these, the X-ray imaging systems category held the largest share in the market from 2014 to 2019, and this trend will continue in the upcoming years.

Read the full report Diagnostic Imaging Systems Market Insight@ https://www.psmarketresearch.com/market-analysis/diagnostic-imaging-systems-market