Diagnostic Imaging Services Market Global Analysis by Procedure, Application, Service Provider, Region and Competitive Landscape
Diagnostic Imaging Services Market report provides key measurements, status of the manufacturers and is a significant source of direction for the businesses and organizations. With the systematic and comprehensive market research study, this market research report provides the facts associated with any subject in the field of marketing for healthcare industry. This information and market insights assists with maximizing or minimizing the production of goods depending on the conditions of demand. Statistical data mentioned in the large-scale Diagnostic Imaging Services Market report is symbolized with the help of graphs which simplifies the understanding of facts and figures.
Diagnostic Imaging Services Market, By Procedure (Computed Tomography, MRI, and X-ray), By Application (Neurology, Oncology, and Cardiology), By Service Provider (Diagnostic Centres, Hospitals, Ambulatory Surgical Centers, and Others), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The global Diagnostic Imaging Services market size was estimated at USD 610 billion in 2023 and is projected to reach USD 872.7 billion in 2030 at a CAGR of 5.25% during the forecast period 2023-2030.
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Diagnostic Imaging Services Market Competitive Landscape:
Affidea
Akumin Inc.
Alliance Medical
Apex Radiology
Browns Medical Imaging (BMI)
Canon Medical Systems Corporation
Capitol Imaging Services
Concord Medical Services Holdings Limited
Dignity Health
Esaote SpA
FUJIFILM Holdings Corporation
GE Healthcare
Healius Limited
Hologic, Inc.
I-MED Radiology Network
InHealth Group
Koning Corporation
Koninklijke Philips N.V.,
Mindray
Mindray Medical International Limited
Novant Health
RadNet, Inc.
RAYUS Radiology
Samsung Electronics Co. Ltd
Shimadzu Medical
Siemens Healthineers
SimonMed
Sonic Healthcare
Unilabs
Diagnostic Imaging Services Market Recent Developments:
In July, 2022, Canon Medical launched the Vantage Fortain MRI System at ECR 2022, This MRI system features innovative workflow solutions, image enhancements and accelerated scan technology, which together contributes to reducing the time required for MRI procedures.
In April, 2022, Wipro GE Healthcare launched the next-generation Revolution Aspire CT scanner. Revolution Aspire is an advanced imaging solution designed and manufactured end-to-end in India.
Diagnostic imaging is an important part of many healthcare sectors around the world. Imaging services are used to diagnose and treat many chronic and infectious diseases. Diagnostic imaging services include diagnosing and creating images of different body parts to better understand a patient's condition. CT scans, X-rays, MRIs, ultrasounds and endoscopy are just a few of the diagnostic imaging services available. The visual representation of a detailed representation of human body parts greatly improved overall care and success rates. As a result, the diagnostic imaging services market will grow at a faster rate during the forecast period, as public awareness about the importance of early detection of health problems increases.
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The growth of the Diagnostic Imaging Services market is steadily increasing as the geriatric population grows each year. Elderly people are two to three times more likely to undergo diagnostic imaging than younger people. Diagnostic imaging is crucial for detecting life-threatening diseases such as cancer. In addition, diagnostic imaging can detect life-threatening infectious diseases, such as the newly discovered corona virus. New models of treatment and diagnosis are being developed to obtain accurate results, facilitate the detection of diseases and reduce the cost of treating these diseases. People's opportunities to use imaging techniques for early disease detection increased as disposable incomes increased.
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Diagnostic Imaging Services Market Key Findings:
The Procedure segment is further fragmented into Computed Tomography, MRI, and X-ray. The X-ray segment is expected to account for a larger market size during the forecast period. Diagnostic X-rays are one of the imaging techniques most commonly used by radiologists to detect fractures, infections, the severity of injuries and abnormal bone growth. Such increasing use of imaging and low costs are contributing to the growth of the segment. The computed tomography segment is expected to be the fastest growing segment during the forecast period. This imaging method has the greatest advantage because it allows simultaneous detailed imaging of bones, blood vessels and soft tissues. In addition, this service is more efficient than other options and available at a reasonable price.
The Application segment is further bifurcated into neurology, oncology, and cardiology. The neurology segment is the largest market during the forecast period. Governments and non-governmental organizations are investing heavily in the development of diagnostic and therapeutic methods for the treatment of neurological diseases as they become more common worldwide. They are also increasing funding and awareness programs for various neurological diseases, which can boost market growth. Oncology segment is the fastest growing segment during the forecast period 2022-2030. The increasing incidence of cancer and the growing need for early detection can help treat cancer before it becomes life-threatening.
The Service Provider segment is further bifurcated Diagnostic Centres, Hospitals, Ambulatory Surgical Centers, and Others Hospitals to account for a larger market size during the forecast period. The availability of multiple imaging modalities at a single facility, reimbursement policies for imaging procedures, and increasing prevalence of various diseases such as cancer and heart disease are also expected to influence the overall market growth.
The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period. In North America, the development of various technologies for improving diagnostic imaging services is expected to boost the market growth.
Diagnostic Imaging Services Market Regional Analysis:
North America to Dominate the Market
North America is estimated to account for the largest market share during the forecast period. In North America, the development of various technologies for improving diagnostic imaging services is expected to boost the market growth.
Moreover, the growing prevalence of cardiovascular diseases and cancer will increase the demand in the region.
Diagnostic Imaging Services Market Reasons to Acquire:
Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
Gain authentic and granular data access for the Diagnostic Imaging Services Market to understand the trends and the factors involved in changing market situations.
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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