The new report by Expert Market Research titled, ‘Global Medical Imaging Phantoms Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global medical imaging phantoms market, assessing the market based on its segments like device type, end-use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Historical Market Size (2020): USD 152.1 Million
- Forecast CAGR (2022-2027): 6.1%
Medical phantom plays a vital role in elevating patient care and ensuring whether the medical imaging is done correctly or not. Medical device companies utilize phantom for the development of their medical instrument used for the diagnosis and prevention of medical conditions. The increasing awareness for the detection of disorders is driving the medical imaging phantoms market. Also, the rising healthcare expenditure, the growing number of patients with chronic diseases, and the development of cutting-edge and innovative phantoms by market players would further augment the demand for imaging phantoms in the coming years.
Industry Definition and Major Segments
Imaging phantoms are specialized objects used in medical imaging for quality control, equipment calibration, dosimetry, and education. Imaging phantoms are used to control the quality of diagnostic imaging equipment and train students about medical imaging. These are used by hospitals all over the globe due to their scientific and medical nature.
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Based on the type of device, the market has been segmented as:
- X-Ray/Fluoroscopy Phantoms
- Ultrasound Phantoms
- CT Phantoms
- MRI Phantoms
- Nuclear Imaging Phantoms
- Others
EMR also investigates the market by bifurcating it on the basis of end-use type:
- Hospitals
- Academic and Research Institutes
- Diagnostic and Reference Laboratories
- Medical Device Companies
The regional markets for medical imaging phantoms are:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The increasing penetration of 3D printing for imaging phantoms and the rise in the number of preclinical studies for phantoms support the market growth. Market players like Pure Imaging Phantoms offer imaging phantoms that comply with all major international standards and CE certification.
Key Market Players
The major players in the market are Biodex Medical Systems, Inc., Computerized Imaging Reference Systems, Inc., Kyoto Kagaku Co., Ltd., Modus Medical Devices Inc., and Pure Imaging Phantoms. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
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