Medical Imaging Phantoms Market Size Is Expected To Expand At A Steady CAGR Of Nearly 4% By 2030

Medical imaging phantoms are devices that are mainly used in the evaluation and analysis of medical imaging devices such as MRI scanners, CT scanners, etc. Medical imaging phantoms provide better and more consistent results than other objects such as live samples or cadavers. The global medical imaging phantoms market size is expected to expand at a steady CAGR of nearly 4% over the forecast period of 2020-2030.

This is one of the very few markets not to experience sudden dip in value during this worldwide crisis. Technological advancements in medical imaging phantoms will be the key driver for this market over the next decade.

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The COVID-19 pandemic has had little impact on the global market for medical imaging phantoms. This is one of the few markets that has not experienced a precipitous drop in value during the global financial crisis. Medical imaging phantom technological advances will be the primary driver of this industry throughout the next decade.

End users in the medical imaging phantoms market include hospitals, academic & research organisations, diagnostic & reference laboratories, and medical device businesses.

Hospitals hold a prominent position in the market due to a growth in hospital admissions, positive government support to improve treatment quality, and an increase in medical reimbursement policies.

Other end user groups, such as academic and research institutes, account for a sizable percentage of the market as a result of technological developments and R&D spending.

Medical Imaging Phantoms Market: Segmentation

Fact.MR has studied the medical imaging phantoms market with detailed segmentation on the basis of type, end-user, and key regions.

Type

  • X-ray/Fluoroscopy Phantoms
  • CT Phantoms
  • Ultrasound Phantoms
  • Nuclear Imaging Phantoms
  • MRI Phantoms

End User

  • Academic and Research Institutes
  • Hospitals
  • Diagnostic and Reference Laboratories
  • Medical Device Companies

Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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