Chinese x-ray market tapped for strong growth

AuntMinnie.com staff writers
Mar 29, 2009

The Chinese x-ray equipment market is projected to reach $873 million in sales by 2012, with a compound annual growth rate of 9.3%, according to a report by market research firm InMedica.

The surge will be driven by China's strong economic growth and increased public healthcare expenditures, as well as the transition from analog to digital systems, according to the Wellingborough, U.K.-based firm.

InMedica is forecasting that shipments of digital radiography systems in China will almost triple between 2007 and 2012.

Related Reading

Report: Global ultrasound to grow despite economy, January 30, 2009

Ultrasound market projected to reach $6.2 billion by 2015, October 22, 2008

Chinese ultrasound market poised for growth, October 17, 2008

European cardiologists eye hand-carried ultrasound, May 20, 2008

3D/4D ultrasound prospers in Western Europe, May 20, 2008

Copyright © 2009 AuntMinnie.com

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