The growing focus on human health and other major driving factors is expected to favor the rise in the global medical physics market
Reports and Insights has published a new report titled, “Medical Physics Market: Opportunity Analysis and Future Assessment 2022-2030”
Global Medical Physics Market, By Modality (Diagnostic Modality (X-Ray Systems (Radiographic X-Ray Systems, Fluoroscopic X-Ray Systems), Mammographic Systems, Computed Tomography, Magnetic Resonance Imaging, Single-Photon Emission Computed Tomography (SPECT), Positron Emission Tomography (PET), Others), Therapeutic Modality (Brachytherapy, Mammography, Nuclear Medicine, Others)), By Offering (Devices (Cyclotron, Synchrotron, Cyberknife, Linac), Services (Accreditation Assistance, Performance Testing, Physics Testing, Radiation Dose Monitoring, Radiation Safety Training, Treatment Commissioning Services, Safety Surveys, Regulatory and Auditing Services), Others), By End User (Hospitals, Ambulatory Surgical Centers, Diagnostic Imaging Centers, Academic and Research Institutes) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
Medical physics can be perceived as a field that engages with the application of the conceptions and approaches of physics to the prophylaxis, diagnosis and medical care of human diseases with a particular objective of enhancing physical health and well-being. The proficient medical physicists operate in the domain of healthcare and implement their knowledge of physics to the advancements, progress and approaches of medical radiation devices, treatments, and technologies. They make sure the equipment is functioning appropriately and are by and large engaged forthwith with a patient’s diagnosis and treatment, as well as with radioactive protection and product development.
In the past decade, the focus on human health has increased at a rapid pace which has significantly nourished the medical physics market as it further encourages research and development activity in the healthcare industry. Owing to which, the global medical physics market is projected to rise substantially in the following years. In addition to that, factors like growing prevalence of chronic diseases among the population along with the swift rise in healthcare expenditure is further estimated to propel the growth of the global medical physics market over the forecast period.
Moreover, the prevailing trends in the market including telemedicine and nuclear medicine is further expected to boost the market growth over the coming years. Having said that, the lack of developed healthcare infrastructure and absence of skilled medical professionals is likely to hold back the growth of the global medical physics market in the forthcoming future.