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Medical Physics Market Segment Overview, Regional Analysis and Forecast to 2028

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The global Medical Physics Market is expected to be valued US$ 4.74 billion in 2022, with a CAGR of 6.2% from 2022 to 2028. Market revenue is expected to reach US$ 6.81 billion by the end of 2028. The global revenue of the medical physics market is expected to rise at a solid 6.2% CAGR between 2022 and 2028, owing mostly to the expansion of the medical tourism industry and the expanding scope of diagnostics. Growing acceptance of nuclear medicine has also been recognised as a key element contributing to the favourable growth prognosis for the medical physics market. However, the report also highlights that the insufficient availability of skilled workers and relatively poor healthcare infrastructure for medical physicist trainings in developing regional markets will continue to restrict penetration of medical physics in the long run. The ‘Outsourcing’ Trend Is Creating Firm Base for Merger & Acquisition Strategies With the consolidation of hospitals, there is an increasing need fo...