Advanced visualization market set to grow by 11% a year

The global advanced visualization market, valued at 1.55 billion euros in 2016, is expected to grow at a compound annual growth rate (CAGR) of 10.8% and hit 3.89 billion euros by 2025, according to a report by market research firm Verified Market Research.

Major driving factors for growth in the market include advancements in computer software and technology, an increased awareness of advanced visualization facilities, and a growing need for ever-efficient diagnostic techniques, Verified said. In contrast, the limited availability of reimbursements for diagnostic procedures in radiology and a shortage of experts in the field may impede growth in the market.

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