As per the updated report by Future Market Insights analysis, the lead research consultant expects the medical physics market value to reach USD 5.3 billion in 2024. Going by this pattern, the projected valuation will certainly reach USD 10 billion, with a moderate CAGR of 6.4% by 2034.
| Attributes | Details |
|---|---|
| Market Value for 2024 | USD 5.3 billion |
| Market Value for 2034 | USD 10 billion |
| Market Forecast CAGR for 2024 to 2034 | 6.4% |
| Historical CAGR (2018 to 2023) | 6.60% |
|---|---|
| Forecast CAGR (2024 to 2034) | 6.40% |
The medical physics market has grown over the past few years, with a CAGR of 6.60% from 2018 to 2023. This economic growth can be attributed to several factors, including technological advancements in medical imaging and radiation therapy, an increasing prevalence of chronic diseases such as cancer, and a growing emphasis on patient safety and quality assurance in healthcare.
As medical facilities continue to invest in state-of-the-art equipment and software for diagnosis and treatment, the demand for skilled medical physicists is expected to remain strong.
The forecast for the medical physics market remains optimistic, with a projected CAGR of 6.40% from 2024 to 2034. This sustained growth is expected to be driven by ongoing innovations in medical technology, propelling healthcare expenditures and an aging population worldwide.
Integrating artificial intelligence and machine learning algorithms into medical physics practices is expected to enhance efficiency and accuracy in diagnosis and treatment planning.
The below section shows the leading segment. Based on the modality type, the diagnostic segment is accounted to hold a market share of 66.8% in 2024. Based on service, the accreditation assistance segment is accounted to hold a market share of 15.9% in 2024.
| Category | Market Share in 2024 |
|---|---|
| Diagnostic | 66.8% |
| Accreditation Assistance | 15.9% |
Based on modality type, the diagnostic segment stands out, capturing a significant market share of 66.8%. The dominance underscores the critical role of medical physics in diagnostic imaging modalities such as X-ray, computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, and nuclear medicine.
Medical physicists play a pivotal role in ensuring diagnostic procedure accuracy, safety, and quality by calibrating imaging equipment, optimizing imaging protocols, and monitoring radiation doses to patients.
With the surge in demand for early disease detection, precise diagnosis, and personalized treatment planning, the diagnostic segment is poised for sustained growth, driven by technological advancements and rising healthcare expenditures globally.
Based on service, the accreditation assistance segment is accounted to hold a market share of 15.9% in 2024. Accreditation ensures that healthcare facilities comply with rigorous quality and safety standards, particularly in radiation oncology and diagnostic imaging departments.
Accreditation assistance services offered by medical physicists encompass a range of activities, including radiation safety audits, quality assurance program development, regulatory compliance assessments, and assistance with accreditation applications and inspections.
With healthcare organizations striving to uphold accreditation requirements to enhance patient safety and regulatory compliance, the demand for accreditation assistance services has surged.
The table describes the top five countries ranked by revenue, with China holding the top position. The dominance in the medical physics market in China is compelled by its large population, rapidly extending its healthcare infrastructure and government investments in medical technology.
With a growing emphasis on quality healthcare, the market leadership is underscored by its substantial demand for advanced diagnostic and treatment services, propelling significant growth.
Forecast CAGRs from 2024 to 2034
| Countries | CAGR |
|---|---|
| United States | 3.6% |
| Germany | 3.5% |
| France | 2.1% |
| China | 6.2% |
| India | 5.2% |
The medical physics market is utilized extensively across various healthcare settings in the United States. Medical physicists in the United States play an important role in radiation oncology, where they are involved in treatment planning, quality assurance, and dose optimization for cancer patients undergoing radiation therapy.
The market also contributes to diagnostic imaging services, ensuring the accuracy and safety of medical imaging modalities such as X-ray, CT, MRI, and nuclear medicine.
In Germany, the medical physics market primarily focuses on ensuring the quality and safety of medical imaging and radiation therapy procedures.
Medical physicists in Germany work closely with radiologists, radiation oncologists, and healthcare administrators to implement and maintain rigorous quality assurance programs for diagnostic imaging equipment and radiation therapy machines. The market in Germany also provides consulting services for treatment planning optimization, dose calculation accuracy, and regulatory compliance.
The market supports diagnostic imaging and radiation therapy services in healthcare facilities nationwide. Medical physicists in France are responsible for the calibration, maintenance, and quality assurance of medical imaging equipment such as X-ray, CT, MRI, and ultrasound machines.
Medical physicists in France contribute to research projects and collaborate with multidisciplinary teams to improve patient care and outcomes in diagnostic radiology and radiation oncology.
Medical physicists in China are involved in a wide range of activities, including medical imaging equipment procurement, installation, and maintenance; radiation therapy treatment planning and delivery optimization; and radiation safety management.
With the surge in the prevalence of cancer and other chronic diseases in China, medical physicists play an important role in ensuring the safe and effective delivery of radiation therapy and diagnostic imaging services to patients across the country.
In India, the medical physics market primarily focuses on supporting cancer care and diagnostic imaging services in nationwide healthcare facilities. Medical physicists in India contribute to radiation therapy treatment planning, dose calculation, and quality assurance to ensure accurate and precise delivery of radiation therapy to cancer patients.
The market also collaborates with radiologists and healthcare providers to optimize diagnostic imaging protocols, enhance image quality, and minimize radiation exposure for patients undergoing medical imaging procedures. Medical physicists in India are involved in research and development initiatives, boosting innovation in medical physics practices and technologies to improve patient care and outcomes.
Lucrative companies compete based on technological innovation, product quality, regulatory compliance, and customer service. Partnerships and collaborations with healthcare providers, research institutions, and industry stakeholders are common strategies to expand market reach and offerings.
The market is dynamic, with ongoing developments in medical imaging, radiation therapy, and healthcare technology shaping competition and driving industry growth.
Some of the key developments
| Attributes | Details |
|---|---|
| Estimated Market Size in 2024 | USD 5.3 billion |
| Projected Market Valuation in 2034 | USD 10 billion |
| Value-based CAGR 2024 to 2034 | 6.4% |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2018 to 2023 |
| Market Analysis | Value in USD billion |
| Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East and Africa |
| Key Market Segments Covered | Modality, Service, End User, Region |
| Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel |
| Key Companies Profiled | Medical Physics Services LLC; LANDAEUR; Krueger-Gilbert Health Physics Inc.; Alyzen Medical Physics Services; Radiation Safety & Control Services Inc.; Upstate Medical Physics Services; Dade Moeller & Associates; Versant Medical Physics Services & Radiation Safety; Alliance Medical Physics Services LLC; West Physics Consulting LLC; Associates in Medical Physics Services; Radiation Services Inc.; Jaeger Corporation; Petrone Associates LLC |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Value (US$ Million) Forecast by Modality, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Service, 2019 to 2034
Table 4: Global Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 5: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 6: North America Market Value (US$ Million) Forecast by Modality, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Service, 2019 to 2034
Table 8: North America Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 10: Latin America Market Value (US$ Million) Forecast by Modality, 2019 to 2034
Table 11: Latin America Market Value (US$ Million) Forecast by Service, 2019 to 2034
Table 12: Latin America Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 13: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Western Europe Market Value (US$ Million) Forecast by Modality, 2019 to 2034
Table 15: Western Europe Market Value (US$ Million) Forecast by Service, 2019 to 2034
Table 16: Western Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 17: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 18: Eastern Europe Market Value (US$ Million) Forecast by Modality, 2019 to 2034
Table 19: Eastern Europe Market Value (US$ Million) Forecast by Service, 2019 to 2034
Table 20: Eastern Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 21: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 22: South Asia and Pacific Market Value (US$ Million) Forecast by Modality, 2019 to 2034
Table 23: South Asia and Pacific Market Value (US$ Million) Forecast by Service, 2019 to 2034
Table 24: South Asia and Pacific Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: East Asia Market Value (US$ Million) Forecast by Modality, 2019 to 2034
Table 27: East Asia Market Value (US$ Million) Forecast by Service, 2019 to 2034
Table 28: East Asia Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 29: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 30: Middle East and Africa Market Value (US$ Million) Forecast by Modality, 2019 to 2034
Table 31: Middle East and Africa Market Value (US$ Million) Forecast by Service, 2019 to 2034
Table 32: Middle East and Africa Market Value (US$ Million) Forecast by End User, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Modality, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Service, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by End User, 2024 to 2034
Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Modality, 2019 to 2034
Figure 9: Global Market Value Share (%) and BPS Analysis by Modality, 2024 to 2034
Figure 10: Global Market Y-o-Y Growth (%) Projections by Modality, 2024 to 2034
Figure 11: Global Market Value (US$ Million) Analysis by Service, 2019 to 2034
Figure 12: Global Market Value Share (%) and BPS Analysis by Service, 2024 to 2034
Figure 13: Global Market Y-o-Y Growth (%) Projections by Service, 2024 to 2034
Figure 14: Global Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 15: Global Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 16: Global Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 17: Global Market Attractiveness by Modality, 2024 to 2034
Figure 18: Global Market Attractiveness by Service, 2024 to 2034
Figure 19: Global Market Attractiveness by End User, 2024 to 2034
Figure 20: Global Market Attractiveness by Region, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Modality, 2024 to 2034
Figure 22: North America Market Value (US$ Million) by Service, 2024 to 2034
Figure 23: North America Market Value (US$ Million) by End User, 2024 to 2034
Figure 24: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 28: North America Market Value (US$ Million) Analysis by Modality, 2019 to 2034
Figure 29: North America Market Value Share (%) and BPS Analysis by Modality, 2024 to 2034
Figure 30: North America Market Y-o-Y Growth (%) Projections by Modality, 2024 to 2034
Figure 31: North America Market Value (US$ Million) Analysis by Service, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Service, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Service, 2024 to 2034
Figure 34: North America Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 35: North America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 36: North America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 37: North America Market Attractiveness by Modality, 2024 to 2034
Figure 38: North America Market Attractiveness by Service, 2024 to 2034
Figure 39: North America Market Attractiveness by End User, 2024 to 2034
Figure 40: North America Market Attractiveness by Country, 2024 to 2034
Figure 41: Latin America Market Value (US$ Million) by Modality, 2024 to 2034
Figure 42: Latin America Market Value (US$ Million) by Service, 2024 to 2034
Figure 43: Latin America Market Value (US$ Million) by End User, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Modality, 2019 to 2034
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Modality, 2024 to 2034
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Modality, 2024 to 2034
Figure 51: Latin America Market Value (US$ Million) Analysis by Service, 2019 to 2034
Figure 52: Latin America Market Value Share (%) and BPS Analysis by Service, 2024 to 2034
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Service, 2024 to 2034
Figure 54: Latin America Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 55: Latin America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 57: Latin America Market Attractiveness by Modality, 2024 to 2034
Figure 58: Latin America Market Attractiveness by Service, 2024 to 2034
Figure 59: Latin America Market Attractiveness by End User, 2024 to 2034
Figure 60: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 61: Western Europe Market Value (US$ Million) by Modality, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) by Service, 2024 to 2034
Figure 63: Western Europe Market Value (US$ Million) by End User, 2024 to 2034
Figure 64: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 65: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 66: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 67: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 68: Western Europe Market Value (US$ Million) Analysis by Modality, 2019 to 2034
Figure 69: Western Europe Market Value Share (%) and BPS Analysis by Modality, 2024 to 2034
Figure 70: Western Europe Market Y-o-Y Growth (%) Projections by Modality, 2024 to 2034
Figure 71: Western Europe Market Value (US$ Million) Analysis by Service, 2019 to 2034
Figure 72: Western Europe Market Value Share (%) and BPS Analysis by Service, 2024 to 2034
Figure 73: Western Europe Market Y-o-Y Growth (%) Projections by Service, 2024 to 2034
Figure 74: Western Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 75: Western Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 76: Western Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 77: Western Europe Market Attractiveness by Modality, 2024 to 2034
Figure 78: Western Europe Market Attractiveness by Service, 2024 to 2034
Figure 79: Western Europe Market Attractiveness by End User, 2024 to 2034
Figure 80: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 81: Eastern Europe Market Value (US$ Million) by Modality, 2024 to 2034
Figure 82: Eastern Europe Market Value (US$ Million) by Service, 2024 to 2034
Figure 83: Eastern Europe Market Value (US$ Million) by End User, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 85: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 88: Eastern Europe Market Value (US$ Million) Analysis by Modality, 2019 to 2034
Figure 89: Eastern Europe Market Value Share (%) and BPS Analysis by Modality, 2024 to 2034
Figure 90: Eastern Europe Market Y-o-Y Growth (%) Projections by Modality, 2024 to 2034
Figure 91: Eastern Europe Market Value (US$ Million) Analysis by Service, 2019 to 2034
Figure 92: Eastern Europe Market Value Share (%) and BPS Analysis by Service, 2024 to 2034
Figure 93: Eastern Europe Market Y-o-Y Growth (%) Projections by Service, 2024 to 2034
Figure 94: Eastern Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 95: Eastern Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 96: Eastern Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 97: Eastern Europe Market Attractiveness by Modality, 2024 to 2034
Figure 98: Eastern Europe Market Attractiveness by Service, 2024 to 2034
Figure 99: Eastern Europe Market Attractiveness by End User, 2024 to 2034
Figure 100: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 101: South Asia and Pacific Market Value (US$ Million) by Modality, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) by Service, 2024 to 2034
Figure 103: South Asia and Pacific Market Value (US$ Million) by End User, 2024 to 2034
Figure 104: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 105: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 106: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 107: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 108: South Asia and Pacific Market Value (US$ Million) Analysis by Modality, 2019 to 2034
Figure 109: South Asia and Pacific Market Value Share (%) and BPS Analysis by Modality, 2024 to 2034
Figure 110: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Modality, 2024 to 2034
Figure 111: South Asia and Pacific Market Value (US$ Million) Analysis by Service, 2019 to 2034
Figure 112: South Asia and Pacific Market Value Share (%) and BPS Analysis by Service, 2024 to 2034
Figure 113: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Service, 2024 to 2034
Figure 114: South Asia and Pacific Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 115: South Asia and Pacific Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 116: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 117: South Asia and Pacific Market Attractiveness by Modality, 2024 to 2034
Figure 118: South Asia and Pacific Market Attractiveness by Service, 2024 to 2034
Figure 119: South Asia and Pacific Market Attractiveness by End User, 2024 to 2034
Figure 120: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 121: East Asia Market Value (US$ Million) by Modality, 2024 to 2034
Figure 122: East Asia Market Value (US$ Million) by Service, 2024 to 2034
Figure 123: East Asia Market Value (US$ Million) by End User, 2024 to 2034
Figure 124: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 125: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 126: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 127: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 128: East Asia Market Value (US$ Million) Analysis by Modality, 2019 to 2034
Figure 129: East Asia Market Value Share (%) and BPS Analysis by Modality, 2024 to 2034
Figure 130: East Asia Market Y-o-Y Growth (%) Projections by Modality, 2024 to 2034
Figure 131: East Asia Market Value (US$ Million) Analysis by Service, 2019 to 2034
Figure 132: East Asia Market Value Share (%) and BPS Analysis by Service, 2024 to 2034
Figure 133: East Asia Market Y-o-Y Growth (%) Projections by Service, 2024 to 2034
Figure 134: East Asia Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 135: East Asia Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 136: East Asia Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 137: East Asia Market Attractiveness by Modality, 2024 to 2034
Figure 138: East Asia Market Attractiveness by Service, 2024 to 2034
Figure 139: East Asia Market Attractiveness by End User, 2024 to 2034
Figure 140: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 141: Middle East and Africa Market Value (US$ Million) by Modality, 2024 to 2034
Figure 142: Middle East and Africa Market Value (US$ Million) by Service, 2024 to 2034
Figure 143: Middle East and Africa Market Value (US$ Million) by End User, 2024 to 2034
Figure 144: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 145: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 146: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 147: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 148: Middle East and Africa Market Value (US$ Million) Analysis by Modality, 2019 to 2034
Figure 149: Middle East and Africa Market Value Share (%) and BPS Analysis by Modality, 2024 to 2034
Figure 150: Middle East and Africa Market Y-o-Y Growth (%) Projections by Modality, 2024 to 2034
Figure 151: Middle East and Africa Market Value (US$ Million) Analysis by Service, 2019 to 2034
Figure 152: Middle East and Africa Market Value Share (%) and BPS Analysis by Service, 2024 to 2034
Figure 153: Middle East and Africa Market Y-o-Y Growth (%) Projections by Service, 2024 to 2034
Figure 154: Middle East and Africa Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 155: Middle East and Africa Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 156: Middle East and Africa Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 157: Middle East and Africa Market Attractiveness by Modality, 2024 to 2034
Figure 158: Middle East and Africa Market Attractiveness by Service, 2024 to 2034
Figure 159: Middle East and Africa Market Attractiveness by End User, 2024 to 2034
Figure 160: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
As of 2024, the market for medical physics is expected to be valued at USD 5.3 billion.
The medical physics market is projected to expand at a CAGR of 6.4% between 2024 and 2034.
The diagnostics segment is projected to dominate the industry.
By 2034, the market value of medical physics is expected to reach USD 10 billion.
China is likely the top-performing market, with a CAGR of 6.2%.
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