Medical Physics Market Share

North American Market Forecast

North America industry is likely to dominate majority revenue share by 2037, owing to the increasing use of medical imaging and computed tomography (CT) scans for diagnosis and treatment across many sectors such as industrial, pharmaceuticals, natural resources, healthcare, food & beverage industries in the region. According to statistics, in 2020, the total health expenditure of the United States was approximately USD 3.5 trillion, which is projected to reach USD 6 trillion by the end of 2028. Moreover, the presence of leading medical physics service providers is also contributing to the growth of the market in this region.

Europe Market Forecast

Further, the market in Europe is estimated to gain significant growth during the forecast period, owing to the rising popularity of telemedicine in the region. Moreover, the market for medical physics is also anticipated to be driven by increasing investments in the healthcare industry. Hence such factors are expected to drive the growth of the global medical physics market in the region during the forecast period.