lly driven by increasing chronic diseases like cancer, strokes, heart attacks and diabetes. Some of the other factors driven are increasing technological advancements in the field of software and hardware, integration of picture archiving and communication system, need for targeted therapies, shift from thick client to thin client & cloud computing or multi-modality functions, dedicated workstations Wholesale Dawuane Smoot Jersey , rising demand for early diagnosis & better treatment plans and increasing disposable income. In addition, some of the major restraints factors are hacking related concerns, shortage of skilled professionals and high financial costs.
Nowadays, Europe鈥檚 political environment has created a challenge due to the breakout of political disorder such as the Euro zone crisis, Brexit, anti-immigration, anti-trade, and others. This might impede the development of the AV industry. Additionally Wholesale A. J. Cann Jersey , data capturing is another main challenge of the industry, which includes reading and storing unstructured data for instance doctors notes and comprehensively analysis of data via artificial intelligence (AI).
In 2018, Siemens Healthineers launched new ultrasound organization, which is called the Acuson Sequoia provide elevated resolution imaging of different sized patients with clarity and consistency. In addition, the General Data Protection Regulation (GDPR) developed in the same year, which enforces various restrictions on individual data transfer and storage by the new Safe Harbor agreement that may restrict the growth of the industry.
Germany is the major market of AV in Europe, followed by U.K and France. The Europe AV market is anticipated to reach USD billion by 2023 with a compound annual growth rate 9.5% of during 2018-2023. It is estimated that this market will be grown increasingly due to the requirement for advanced diagnostic technology and various factors like raising awareness about medicinal imaging tools & favorable reimbursement policies.