Digital Radiology Market is Expected to Reach USD 13.3 Billion Globally in 2018: Transparency Market Research

Digital Radiology Market is Expected to Reach USD 13.3 Billion Globally in 2018: Transparency Market Research PR Newswire ALBANY, New York, August 29, 2012 ALBANY, New York, August 29, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Digital Radiology Market - Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012 - 2018," the global radiology systems market is estimated at USD 9.7 billion in 2012 and expected to reach USD 13.3 billion by 2018 at a CAGR of 5.4% from 2012 to 2018. Globally, the North America region is expected to maintain its lead position in terms of revenue till 2018. North America holds about 41.9% of the global digital radiology market revenue share in 2012 followed by Europe. In terms of volume, the global digital radiology market is expected to reach 158.2 thousand units by 2018. Browse the full report at http://www.transparencymarketresearch.com/globa-digital-radiology- market.html Radiology departments across the globe face issues of storing, archiving and retrieving large volume of images and data with traditional films. Moreover, with increasing adoption of telemedicine and medical telemetry, faster and secure transmission of such data is crucial. In addition, modern diagnostic equipments and scanners are producing very large volume of data, which requires better data management systems.