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Read here the market research report on u201cMobile Imaging Services Marketu201d published by CMI team.
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Mobile Imaging Services Market Analysis (2020-2027) • Mobile imaging services offer direct X-Ray, electrocardiogram (EKG) and ultrasound services to medical facilities and residential and private sector. The approach is cheaper and faster compared to conventional and in-house imaging services. • Statistics: • The global mobile imaging services market is estimated to account for US$ 16,709.3 Mn in terms of value by the end of 2027.
Global Mobile Imaging Services Market: Drivers • Emergence of COVID-19 pandemic is expected to propel growth of the global mobile imaging services market. For instance, in April 2020, Carestream Health announced that the company has increased production of its portable diagnostic imaging systems including DRX-Revolution Mobile X-ray System and DRX-Revolution Nano Mobile X-ray System in response to the novel COVID-19 pandemic. • Moreover, increasing prevalence of cardiovascular disease is also expected to aid in growth of the market. For instance, according to the American Heart Association's Heart and Stroke Statistics 2019 Update, around 48% of all adults in the U.S. suffered from some type of cardiovascular disease in 2016.
s • Statistics: • North America held dominant position in the global mobile imaging services market in 2019, accounting for 38.7% share in terms of volume, followed by Europe and Asia Pacific, respectively
Figure 1: Global Mobile Imaging Services Market Share (%) Value, By Region, 2019
Global Mobile Imaging Services Market: Restraints • Mobile imaging modalities require frequent maintenance, which is expected to hinder growth of the global mobile imaging services market. High maintenance requirement can be attributed to stress on the device due to vibration, torque, shock, lateral and vertical movements of trailer/vehicle/van. • Moreover, low flexibility of moving the mobile imaging units between different sites due to requirement of re-configuration of the modality is also expected to limit growth of the market. Each mobile scanner has to be re-configured to an individual hospital site due to presence of single RIS/PACS integration. This makes the process complex and time consuming making it impractical on day-to-day basis.
Global Mobile Imaging Services Market: Opportunities • The adoption of mobile imaging services is low in emerging economies. Market players may focus on increasing awareness regarding mobile imaging services in such regions to enhance their market share. • Moreover, significant development in digital radiology is also expected to aid in growth of the market. Digital radiology relies on finely-tuned sensors to offer high-quality images using lower amounts of radiation compared to conventional computed radiography.
s • Statistics: • The global mobile imaging services market was valued at xyz in 2019 and is forecast to reach a value of US$ 12,922.1 Mn by 2027 at a CAGR of 3.3% between 2020 and 2027.
Figure 2: Global Mobile Imaging Services Market Value (US$ Mn), 2016 - 2027
Market Trends/Key Takeaways • Increasing geriatric population is expected to propel growth of the global mobile imaging services market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034. • In U.K. government organizations are focused on enhancing diagnostic services during the Covid-19 pandemic, which is expected to aid in growth of the market. For instance, in April 2020, the National Health Service partnered with independent sector diagnostics providers to increase the supply of scanners and expert radiographers in the diagnosis of people with suspected Covid-19 infection.
Global Mobile Imaging Services Market: Competitive Landscape • Major players operating in the global mobile imaging services market include, Carestream Health, Accurate Imaging, Inc., Alliance HealthCare Services, Inc., Atlantic Medical Imaging, Axiom Mobile Imaging, Center for Diagnostic Imaging, Inc., Cobalt Diagnostic Imaging, DMS Health Technologies, Inc., Front Range Mobile Imaging, Inc., Imaging On Site, Inc., InHealth Group, Interim Diagnostic Imaging, LLC, Jacksonville Mobile Imaging Services, Inc., Nuffield Health, Shared Imaging LLC, and VanScan Ltd.
Global Mobile Imaging Services Market: Key Developments • Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in July 2019, Atlantic Medical Imaging acquired the Center for Diagnostic Imaging, an owner of two American College of Radiology-accredited imaging centers located in New Jersey, U.S. • Major players in the market are also focused on adopting partnership strategies to expand their product portfolio. For instance, in August 2018, Alliance HealthCare Services, Inc. partnered with Northeast Radiology through which the later became a part of Alliance HealthCare Radiology division.
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