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Gandhinagar to host IRIA 2020

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Last year the event was held in Chandigarh, which saw over 200 eminent radiologists, diagnostics, imaging experts from across India and globally congregate

The 73rd Annual Conference of the Indian Radiological and Imaging Association (IRIA) will be held in Gandhinagar from January 23 – 26, 2020. Last year the event was held in Chandigarh, which saw over 200 eminent radiologists, diagnostics, imaging experts from across India and globally congregate.

Panel discussions will be held on artificial intelligence in radiology; clinical, imaging and pathology approach to Breast symptoms; PCPNDT; Rising PSA-PSMA or mpMRI; apart from a series of discussions.

According to a June 2017 Orbis Research report, the global medical imaging market will grow at a CAGR of 4.95 per cent during the period 2017-2021.

According to another agency, Global Industry Analysts (GIA), 3D medical imaging will reach $3.4 billion by 2024. While the US will remain the largest market, RoW comprising Middle East and Africa, will have a CAGR of 10.7 per cent from 2017-2021, thanks to increased emphasis on health by these governments as well as a growing affluent middle class. MarketsandMarkets predicts that the global diagnostic imaging market is expected to reach approximately $36.43
billion by 2021, at a CAGR of 6.6 per cent from 2016 to 2021.

The rising percentage of elderly patients presents unique challenges to the medical imaging community. Multi-factorial conditions like cancer call for superior imaging techniques and technologies. In a bid to differentiate and offer a superior product with more benefits to the user community, imaging equipment are designing their equipment with the radiologist in mind.

The diagnostic imaging equipment market in India, according to a Mordor Intelligence report, is expected to reach $ 2.06 billion by the end of 2020, with MRI, PET, SPECT and CT technologies set to dominate the market. While North America currently dominates the market with nearly 20 per cent of its GDP spent on healthcare, the Asia-Pacific market is expected to grow at a faster rate owing to the rapidly aging population and increase in the chronic disease population in this region. It is expected to overtake Europe due to the increasing technological advancements and growing awareness among the population. Expensive procedures and equipment, side effects of diagnostic imaging procedures, and saturation of developed markets are some of the factors limiting the growth of the medical imaging market.

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