Rising Chronic Diseases Expected to Grow Indian MEdical IMAging Industry Manifold until 2017

Due to the rapidly changing lifestyles, there has been a significant surge in the chronic disease cases in India in recent years which is expected to propel the growth of the medical imaging market significantly in coming years.
 
ROHINI, India - May 21, 2013 - PRLog -- India has witnessed a consistent urbanization during last few years as millions of people are moving towards cities everyday in search of better work opportunities. However, this trend has resulted in a significant increase in the chronic diseases as urban lifestyles leave small room for physical activities thereby giving rise to various lifestyle related diseases. Most of these diseases are related to cardiology, respiratory, neurology, oncology and others. The increase in the cases of such diseases among the population has however given rise to an increased market opportunity for the diagnostic imaging services as well as medical imaging equipment manufacturers. The demand for the medical imaging equipments have substantially increased from the various public as well as private healthcare units in the country to cater to the growing size of the population suffering from the chronic diseases. Moreover, the expanding private diagnostic networks in the country have also fuelled the demand for these equipments as many of them are establishing their service outlets in small cities and rural areas of the country.    

“The changing lifestyles and food consumption habits of the population is giving rise to a range of chronic disorders such as heart problems, stress related diseases, cancer and others. As a result the demand for the diagnostic imaging equipments would continue to grow significantly during 2013-2017 in India.” - According to the research report ‘India Medical Imaging Industry Outlook to 2017 – Led by Surging Income and Low Penetration’ from Ken Research.

According to the research report, the various factors that will influence the growth of the medical imaging market of India in coming years include large population size, increasing spending capacity of the population, expanding network of the private hospital chains and growing penetration of the private standalone diagnostic services.   .

The report “India Medical Imaging Industry Outlook to 2017” provides detailed overview on the medical imaging market of India and aids readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, medical imaging equipment companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.

For more information, please visit:
http://www.kenresearch.com/healthcare/medical-devices--eq...
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