Specifically, it is expected to grow at a at a compound annual growth rate (CAGR) of 4.7% from 2013-2018, reaching around $27.1 billion by 2018. In 2013, the US had the largest portion of market share at about 34%, followed by Europe. However, the Asia-Pacific region is poised to grow at about 5.9% from 2013-2018. There is a lot of room for growth in this market as the countries in that region matures and become increasingly ready to acquire new technologies in diagnostic imaging.
The Republic of Indonesia is located in Southeast Asia. It boasts the world’s 4th largest democracy with about 250 million in population by the end of 2013. According to the CIA World Factbook, Indonesia’s economy is growing strong with annual GDP growth of about 5.3%, valued at around $1.285 trillion (purchasing power parity)…..
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