Spinal Imaging Market Size Worth $2.3 Billion By 2027 | CAGR: 5.2%: Grand View Research, Inc.

Spinal Imaging Market Size Worth $2.3 Billion By 2027 | CAGR: 5.2%: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, July 28, 2020

SAN FRANCISCO, July 28, 2020 /PRNewswire/ -- The global spinal imaging market size is estimated to reach USD 2.3 billion by 2027 registering a CAGR of 5.2%, according to a new report by Grand View Research, Inc. The increasing cases of spinal surgeries and rising number of installations of MRI scanners are the major factors expected to drive the market during the forecast period. Growing geriatric population and increasing cases of lower back pain due to obesity are also expected to boost the market growth in coming years.

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Key suggestions from the report:

Read 130 page research report with ToC on "Spinal Imaging Market Size, Share & Trends Analysis Report By Product (MRI, CT), By Application (Spinal Infection, Spinal Cord & Nerve Compressions), By End Use, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/spinal-imaging-market

Increasing number of healthcare projects, rising need for the replacement of obsolete imaging equipment in developed countries, and rapidly expanding private healthcare sector are also anticipated to play a significant role in the market growth. Major market players are focusing on various business strategies gain competitive advantage and to strengthen their market positions. These strategies include mergers & acquisitions, partnerships, joint ventures, and development of low-cost equipment, especially for the developing economies.

Grand View Research has segmented the global spinal imaging market based on product, application, end use and region:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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