United States, Rockville, MD , April 19, 2022 (GLOBE NEWSWIRE) -- The worldwide diagnostic imaging services market is expected to grow at a CAGR of 5.51% during the projected period from 2022 to 2032, reaching a market value of US$ 1 Billion. As of 2022, the market is poised to be valued at US$ 585 Million.
The value of imaging in identifying medical disorders cannot be overstated. Diagnostic imaging has made it possible to treat a wide range of chronic and infectious disorders effectively. Because of an increasing pool of senior patients, the need for diagnostic imaging has skyrocketed in recent years. The pandemic (COVID-19) outbreak has extended potential for the diagnostic imaging services sector.
As the number of persons afflicted grows on a daily basis, hospitals, clinics, and other healthcare providers have seen a tremendous increase in the number of patients globally. As a result, proper imaging techniques for detecting confirmed and suspected cases become critical.
Browse in-depth TOC on “Demand for diagnostic imaging services"
114 Tables and
96 Figures
170 Pages
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Key Takeaways from the Market Study
- The computer tomography (CT) category's CAGR is expected to be 5.6%.
- Magnetic Resonance Imaging (MRI) scanning techniques, on the other hand, are increasing at a similar rate, with a CAGR of 5.4%.
- During the projected period, hospitals are expected to remain the primary suppliers of diagnostic imaging services
- U.S is expected to establish dominance in the diagnostic imaging services industry.
- China has the fastest growth rate of any region, rising at a CAGR of 5.1%.
"The worldwide diagnostic imaging services industry is expected to grow in the coming years." "The growing senior population, along with the existing COVID-19 pandemic, is expected to drive aggressive research and development for the early detection, diagnosis, and treatment of life-threatening illnesses," says a Fact.MR Analyst
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Competitive Landscape
The global market for diagnostic imaging services is becoming more concentrated. RadNet, Inc., Alliance Healthcare Services, Inc., I-MED Radiology Network (Permira), and Sonic Healthcare are among the leading industry competitors. These companies have strengthened their positions through mergers, acquisitions, and joint ventures. In addition, they focus on inventing innovative solutions to give to its clientele.
- RadNet, Inc. is the industry leader in global diagnostic imaging services. CT, MRI, Digital X-ray, Ultrasound, and PET/CT services, as well as Nuclear Medicine and Digital Mammography, are all offered by the firm.
- The second player, Alliance Healthcare Services, Inc., provides Bone Density Screening and Ultrasound services in addition to CT and MRI scans. On Point medical imaging technology, which provides quality assurance solutions for MRI and CT scanners, is used by the firm. In addition, the company intends to enter international markets through mergers and partnerships with local investors and private enterprises.
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Global Diagnostic Imaging Services Market Segmentation
Fact.MR has studied the global diagnostic imaging services market with detailed segmentation on the basis of service type, service provider and regions.
- By Service Type :
- Service Type
- Diagnostic Radiology
- Ultrasound
- Computed Tomography
- Magnetic Resonance Imaging
- Nuclear Imaging
- Others
- By Service Provider :
- Hospitals
- Diagnostic Imaging Centers
- Ambulatory Surgical Centers
- Others
- By Regions :
- North America
- Europe
- Asia Pacific (APAC)
- Latin America
- Middle East & Africa (MEA)
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Fact.MR’s Domain Knowledge in Healthcare
Our healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the healthcare sector. Our expertise in recognizing the challenges and trends impacting the global healthcare industry provides indispensable insights and support - encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.
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