Clinical Trials Imaging Market Opportunities, Challenges and Trends


Posted July 20, 2016 by SPriyanka

The global clinical trials imaging market is expected to reach USD 981.53 Million by 2020 from USD 724.87 Million in 2015, growing at a CAGR of 6.25%.

 
The geographic segments included in this report are North America, Europe, Asia, and Rest of the World (RoW).

The major players in this market include BioClinica, Inc. (U.S.), Biomedical Systems (U.S.), Cardiovascular Imaging Technologies (U.S.), ICON Public Limited Company (Ireland), Intrinsic Imaging, LLC (U.S.), IXICO, PLC (U.K.), PAREXEL International Corporation (U.S.), Radiant Sage, LLC (U.S.), VirtualScopic, Inc. (U.S.), and WorldCare Clinical, LLC (U.S.).

The geographic segments included in this report are North America, Europe, Asia, and Rest of the World (RoW).

The major players in this market include BioClinica, Inc. (U.S.), Biomedical Systems (U.S.), Cardiovascular Imaging Technologies (U.S.), ICON Public Limited Company (Ireland), Intrinsic Imaging, LLC (U.S.), IXICO, PLC (U.K.), PAREXEL International Corporation (U.S.), Radiant Sage, LLC (U.S.), VirtualScopic, Inc. (U.S.), and WorldCare Clinical, LLC (U.S.).

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By modality, the market is divided into CT, MRI, ultrasound, PET, X-rays, ECHO and other modalities. Of these, the CT accounted for the largest growing segment in the global clinical trials imaging market by 2020. On the other hand, PET accounted for the fastest growing segment in the global clinical trials imaging market. On the basis of end-users, the clinical trials imaging market is categorized into pharmaceutical companies, biotechnology companies, medical device companies/manufacturers, CROs, academic & government research institutes & other end-users.

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The global clinical trials imaging market is segmented on the basis of products, modality and end-users. On the basis of products, the market is segmented into services & software. Of these, the services product segment accounted for the largest share of the global clinical trials imaging market in 2015.

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The global clinical trials imaging market is expected to reach USD 981.53 Million by 2020 from USD 724.87 Million in 2015, growing at a CAGR of 6.25%. Growth in pharmaceutical & biotechnology industries, increase in R&D funding and increasing number of CROs are the primary growth drivers for this market during the forecast period (2015–2020). However, high implementation cost of imaging systems may hinder the growth of this market.
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Last Updated July 20, 2016