Global Diagnostic Imaging Services Market Report Size, Trends & Growth Opportunity, By End Use (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Others), By Application (Cardiology, Gynaecology/Obs, Oncology, Orthopaedics & Musculoskeletal, Neurology & Spine, General Imaging), By Imaging Modality (X-ray, Magnetic Resonance Imaging (MRI), Ultrasound, Computed Tomography (CT), Nuclear Imaging, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Report ID : IR100223 | Industries : Healthcare | Published On :May 2024 | Page Count : 147
Global Diagnostic Imaging Services Market Report Size, Trends & Growth Opportunity, By End Use (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Others), By Application (Cardiology, Gynaecology/Obs, Oncology, Orthopaedics & Musculoskeletal, Neurology & Spine, General Imaging), By Imaging Modality (X-ray, Magnetic Resonance Imaging (MRI), Ultrasound, Computed Tomography (CT), Nuclear Imaging, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Global Diagnostic Imaging Services Market
Global Diagnostic Imaging Services was valued at US$ 518.28 Million in 2021, estimated to reach US$ 702.6 Million in 2027, with a CAGR of 4.2% from 2022-2027.
A process of imaging human body with the help of many imaging services is Diagnostic imaging. Numerous technologies, techniques, and equipment to monitor, diagnose, screen, and treat medical conditions for effective medical intervention are included in these services.
Market Drivers
The major factors that drive the market growth are Growing geriatric population and incidence of chronic diseases, increasing awareness for early diagnosis of diseases, technological advancement, widening application of diagnostic imaging devices.
Additionally, growing funding from government bodies is also fuelling the growth of diagnostic imaging services market.
Moreover, diagnostic imaging can detect life-threatening diseases like cancer, the recently discovered coronavirus, hence demand for diagnostic imaging services has been progressively growing.
Market Restraints
Main restraining factors for the global diagnostic imaging services market are augmented risk of cancer due to exposure to radiation, procedures shortage of helium for magnetic resonance imaging systems, and high cost of diagnostic.
Adoption and easy accessibility of refurbished diagnostic imaging systems may hinder the growth of the Diagnostic Imaging Services market.
Market Segmentation
Diagnostic Imaging Services Market is segmented into major 4 categories. Based on Imaging Modality, the market is segmented into X-ray, Magnetic Resonance Imaging (MRI), Ultrasound, Computed Tomography (CT), Nuclear Imaging, Others. Based on End Use, the market is divided into Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Others. Based on Application, the market is segmented into Cardiology, Gynaecology/Obs, Oncology, Orthopaedics & Musculoskeletal, Neurology & Spine, General Imaging. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
North America held the largest market share in 2021 and continue in forecasted period because of the upsurge in adoption of low-dose automated CT scanners.
The Asia Pacific market is anticipated to grow at the substantial CAGR throughout the forecast period owing to the increasing incidence of chronic disease, government indicatives to modernize healthcare infrastructure, flourishing medical tourim and increase in imaging procedure volume.
Market Key Players
Some of the key players operating in Global Diagnostic Imaging Services Market are Global Diagnostics, RadNet, Inc, Alliance Medical, Center for Diagnostic Imaging, Inc, Medica Group, Novant Health, Concord Medical Services Holdings Limited, InHealth Group, Sonic Healthcare, Healthcare Imaging Services Pty Ltd.
Industry development
In December 2021, Medical Imaging Consultants, a leading radiology center in Canada partnered with a start-up Medo, venturing into AI to simplify ultrasound, to revolutionize diagnostic imaging. Through partnership the companies aims to make diagnostic imaging services more affordable, non-invasive, and portable for the patients.
In 2022, Radnet, Inc. acquired Quantib and Aidence with an aim to expand its cancer screening portfolio for breast, prostate, and lung cancers through the integration of AI technology.
In 2021, Sonic Healthcare announced the acquisition of Canberra Imaging Group (Australia) to helped strengthen Sonic Healthcare’s geographic footprint in the Australian diagnostic imaging services market.
In 2021, Akumin Inc. acquired Alliance Healthcare to enhance its diagnostic imaging service portfolio.
Global Diagnostic Imaging Services Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Diagnostic Imaging Services Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Diagnostic Imaging Services Market, By Imaging Modality
5.1 Y-o-Y Growth Comparison, By Imaging Modality
5.2 Diagnostic Imaging Services Market Share Analysis, By Imaging Modality
5.3 Diagnostic Imaging Services Market Size and Forecast, By Imaging Modality
5.3.1 X-ray
5.3.2 Magnetic Resonance Imaging (MRI)
5.3.3 Ultrasound
5.3.4 Computed Tomography (CT)
5.3.5 Nuclear Imaging
5.3.6 Others
6 Diagnostic Imaging Services Market, By End Use
6.1 Y-o-Y Growth Comparison, By End Use
6.2 Diagnostic Imaging Services Market Share Analysis, By End Use
6.3 Diagnostic Imaging Services Market Size and Forecast, By End Use
6.3.1 Hospitals
6.3.2 Ambulatory Surgical Centers
6.3.3 Diagnostic Centers
6.3.4 Others
7 Diagnostic Imaging Services Market, By Application
7.1 Y-o-Y Growth Comparison, By Sales Channel
7.2 Diagnostic Imaging Services Market Share Analysis, By Sales Channel
7.3 Diagnostic Imaging Services Market Size and Forecast, By Sales Channel
7.3.1 Cardiology
7.3.2 Gynaecology/Obs
7.3.3 Oncology
7.3.4 Orthopaedics & Musculoskeletal
7.3.5 Neurology & Spine
7.3.6 General Imaging
8 Diagnostic Imaging Services Market, By Region
8.1 Diagnostic Imaging Services Market Share Analysis, By Region
8.2 Diagnostic Imaging Services Market Share Analysis, By Region
8.3 Diagnostic Imaging Services Market Size and Forecast, By Region
9 North America Diagnostic Imaging Services Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Diagnostic Imaging Services Market Share Analysis, By Imaging Modality
9.3 North America Diagnostic Imaging Services Market Size and Forecast, By End Use
9.4 North America Diagnostic Imaging Services Market Size and Forecast, By Sales Channel
9.5 North America Diagnostic Imaging Services Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Diagnostic Imaging Services Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Diagnostic Imaging Services Market Share Analysis, By Imaging Modality
10.3 Europe Diagnostic Imaging Services Market Size and Forecast, By End Use
10.4 Europe Diagnostic Imaging Services Market Size and Forecast, By Sales Channel
10.5 Europe Diagnostic Imaging Services Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Diagnostic Imaging Services Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Diagnostic Imaging Services Market Share Analysis, By Imaging Modality
11.3 Asia Pacific Diagnostic Imaging Services Market Size and Forecast, By End Use
11.4 Asia Pacific Diagnostic Imaging Services Market Size and Forecast, By Sales Channel
11.5 Asia Pacific Diagnostic Imaging Services Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Diagnostic Imaging Services Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Diagnostic Imaging Services Market Share Analysis, By Imaging Modality
12.3 Latin America Diagnostic Imaging Services Market Size and Forecast, By End Use
12.4 Latin America Diagnostic Imaging Services Market Size and Forecast, By Sales Channel
12.4 Latin America Diagnostic Imaging Services Market Size and Forecast, By Network Route of Administration
12.5 Latin America Diagnostic Imaging Services Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Diagnostic Imaging Services Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Diagnostic Imaging Services Market Share Analysis, By Imaging Modality
13.3 Middle East Diagnostic Imaging Services Market Size and Forecast, By End Use
13.4 Middle East Diagnostic Imaging Services Market Size and Forecast, By Sales Channel
13.5 Middle East Diagnostic Imaging Services Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Global Diagnostics
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 RadNet, Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Alliance Medical
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Center for Diagnostic Imaging, Inc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Medica Group
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Novant Health
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Concord Medical Services Holdings Limited
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 InHealth Group
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Sonic Healthcare
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Healthcare Imaging Services Pty Ltd.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies