Global Medical Devices, Diagnostics Market to Reach US$362 Billion by 2015, According to New Report by Global Industry Analysts

In the post-recession scenario, development of high-end devices such as ultra high field MRI scanners and 64-slice CT scanners is expected to boost prospects in the respective markets. Rising incidence of chronic illnesses such as diabetes and asthma, and an aging global population continue to drive the demand for advanced technology-based medical devices. Technological advancements have also allowed medical equipment to be directly used by consumers. Continuous reforms in the healthcare sector are also expected to fuel growth in the medical market, as enhanced emphasis is placed on taking preventative and proactive healthcare measures for cutting costs. Consequently, the demand for miniaturized patient monitoring equipment with portability features is likely to increase. In the future, technologies capable of facilitating changes in clinical pathways, lowering healthcare expenditure, eliminating non-essential diagnostic procedures, and enhancing accuracy of diagnostic procedures are expected to gain popularity in the medical equipment market. Focus would also be on technologies that can reduce patients' exposure to radiation and limit the amount of contrast dosage to be administered.

The research report titled "Medical Devices and Diagnostics: A Global Outlook" announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global industry, identifies major short to medium term market challenges, and growth drivers. Market discussions in the report are punctuated with fact-rich market data tables. Regional markets elaborated upon include United States, Canada, Japan, France, Germany, UK, Russia, China, India, and Brazil, among others. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit -

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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