- 17 January 2020 20:58
Diagnostic Imaging Services Market to Witness an Outstanding Growth during 2019-2030 | RadNet, MedQuest Associates, Center for Diagnostic Imaging (CDI),
The global market is estimated to reflect a CAGR of 7.9% from 2019 to 2030.The global market is segmented based on modality, end user and region.
Diagnostic imaging is a field of medicine that uses non-invasive imaging to diagnose a patient by various imaging procedures. These services include different types of technologies, techniques, and equipment’s that are used to monitor, diagnose, screen, and treat medical conditions and deliver appropriate medical interventions. Diagnostic imaging has improved the ability of doctor’s to treat, diagnose, and detect an injury or disease precisely at an initial stage. Additionally, diagnostic imaging services are can be used to provide relevant information associated with a targeted area of the body that needs to be treated or studied. Sometime the equipment used can involve low doses of radiation to create highly detailed images of an area. Diagnostic imaging services are used to identify a wide range of problems. Furthermore, to identifying problems, physicians can use diagnostic imaging to observe how your body is responding to an existing treatment. Diagnostic imaging also enables the doctors to make a rapid and accurate assessment of a patient’s condition, empowering them with data that enables them to dispense the right treatment, which can then be delivered swiftly and effectively.
Major Key Players of the Diagnostic Imaging Services Market are:
RadNet, MedQuest Associates, Center for Diagnostic Imaging (CDI), Sonic Healthcare, Concord Medical Services Holdings Limited, Alliance Medical, Simon Med/Dignity Health, Touchstone Imaging, Consensys Imaging Service, Inc., and InHealth Group, among others.
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The advent of innovative diagnostic imaging technology such as 4D and 5D ultrasound medical devices, 7T MRI equipment, innovations in digital X-ray technologies and high-slice CT scanners are factors that are expected to be pivotal in the growth of this market. Multiple advancements in diagnostic imaging techniques in the sphere of modern medicine have enabled the acquisition of information related to the human body for timely clinical interventions. Moreover, advancement in imaging provides the doctors with novel tools to improve patient care in innovative ways. In an effort to diagnose, prevent or arrest the progression of diseases, patients and doctors alike are seeking diagnostic imaging service capabilities. Early diagnosis via use of imaging technology can qualify some of the medical issues to be resolved much more quickly, allowing for improved prognosis.
These are some of the factors that are anticipated to fuel this market growth. For a large number of such patients, accessing diagnostic imaging services is a continuing process, however they find the cost unaffordable and choose to entirely skip or use the imaging services sparingly. Moreover, there are a number of diagnostic imaging services which are not covered by the health insurance or government reimbursements. This results in patients bearing the full cost of the imaging service without any rebate. The addition of non-rebateable diagnostic imaging services is an added deterrent to already vulnerable patients who are having a tough choice of choosing between sufficient healthcare and financial hardship. This is expected to hinder the growth of this market.
Diagnostic Imaging Services Market by Modality and End Users:
On basis of modality, this market is segmented into Diagnostic Radiology, Ultrasound, Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Nuclear Imaging, Others. In terms of volume the Ultrasound and Diagnostic Radiology segment is expected to have a substantial market share. However the CT and MRI contribute more towards the revenue of diagnostic imaging services as they are more expensive.
On the basis of end user, the market is segmented into Diagnostic Imaging Centre’s, Hospital & Clinics and Others. The hospital segment is anticipated to hold the maximum market share during the forecast period owing to factors such as ability to handle a high patient volume and better access to update and technological advanced equipment.
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Diagnostic Imaging Services Market Size
2.2 Diagnostic Imaging Services Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Diagnostic Imaging Services Market Size by Manufacturers
3.2 Diagnostic Imaging Services Key Players Head office and Area Served
3.3 Key Players Diagnostic Imaging Services Product/Solution/Service
3.4 Date of Enter into Diagnostic Imaging Services Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Diagnostic Imaging Services Sales by Product
4.2 Global Diagnostic Imaging Services Revenue by Product
4.3 Diagnostic Imaging Services Price by Product
5 Breakdown Data by End User
5.2 Global Diagnostic Imaging Services Breakdown Data by End User
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In the end, Diagnostic Imaging Services industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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