Transparency Market Research (TMR) has published a new report titled, ‘Mobile Imaging Services Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global mobile imaging services market was valued at US$ 12,510.7 Mn in 2018 and is projected to expand at a CAGR of 2.7% from 2019 to 2027.
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Overview
- Medical imaging systems have become indispensable for disease diagnosis due to numerous recent developments and applications, surge in the geriatric population and rise in the prevalence cardiovascular diseases, renal disorders, neurological disorders, and cancer. Driven by the objective of serving the needs of the geriatric population by providing extended care and reducing wait times, consequently balancing the patient load, the mobile medical imaging systems are anticipated to witness an impressive growth in the next few years.
- The market is expected to gain pace due to an increase in the number of procedures performed using mobile imaging services. Advertising is another key driver for the market. Increase in the awareness among the people about these mobile services would allow health care providers to give a serious thought to these alternative options.
- Mobile imaging services provide faster medical care during natural calamities. Furthermore, as the life of the installed base of imaging equipment nears obsolescence, hospitals seek cost-effective alternatives such as mobile imaging services.
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At home diagnostic testing may boost the mobile imaging services in the near future
- There has been emergence of newer service providers offering hospital quality services specifically designed to meet the need of non ambulatory and home bound patients providing service right to the bed side. This advancement will help reduce the discomfort the home bound patient may suffer during travelling to various imaging centers. Beaumount Health System in the U.S. is one such mobile imaging service provider.
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North America to Dominate Global Market
- In terms of region, the global mobile imaging services market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global mobile imaging services market in 2018, followed by Europe.
- North America, comprising the U.S. and Canada, was the largest regional market for mobile imaging services in 2019. Large numbers of players have been serving dispersed populations in rural areas in these regions. Convenience and ease of diagnostic imaging has also increased use of mobile imaging by other customer groups such as correctional institutes, rehabilitation centers, geriatric care, and other medical care facilities.
- Furthermore, precautionary measures at sports events have improved the quality of medical care provided at such sites. Although mobile MRI and CT account for majority of the market share, popularity of PET/CT, and bone densitometers is increasing considerably in this region. Profit margins for mobile imaging services providers are comparatively higher in the U.S., owing to higher procedure volume. Large numbers of players offer mammography scanning as part of a community service and are not-profit organizations.
Competitive Landscape
- The global mobile imaging services market is fragmented in terms of number of players. Key players in the global market include Accurate Imaging, Inc., Atlantic Medical Imaging, Alliance HealthCare Services, Center For Diagnostic Imaging, Cobalt Health, DMS Health Technologies, InHealth Group, INTERIM DIAGNOSTIC IMAGING, LLC., First Coast Mobile Imaging, Inc., Nuffield Health among others
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