Transparency Market Research has published a new report on the global digital radiology market. As per the report, the global digital radiology market is expected to expand at a 5.40% CAGR during the period from 2012 to 2018. The report, titled ‘Digital Radiology Market - Global Industry Size, Market Share, Trends, Analysis, And Forecasts 2012 - 2018’, states that the global digital radiology market is expected to progress from US$9.7 bn in 2012 to US$13.3 bn by 2018.Industry Research Sample bit.ly/1VfE0OHAs the global economy grows, the effects can be clearly seen on the healthcare industry as medical equipment and devices across the globe are being updated with advanced features for efficient results. With this, the medical equipment market is expected to develop faster in the years to come. Major mergers and acquisitions and investments in the global medical device market are boosting the revenue. Irrespective of the recent economic meltdown, the global medical device market continues to develop faster.

Modernization of medical equipment, technological advancements, and enhanced healthcare facilities are some of the factors responsible for the growth and development of the global medical device market. Digital radiology, an important segment of the healthcare and medical devices market, is predicted to expand substantially in the years to come.Some of the factors responsible for the increased adoption of digital radiology are its image capturing superiority, increased patient throughput, increased spending on healthcare infrastructure, and increased application areas. However, exposure to radiation, the growing need of using safer medical devices, high initial capital investment, and high dependability on digital radiographic programs are some of the factors expected to hamper the growth of the global digital radiology market in the years to come.

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