The importance of imaging in diagnosing health conditions cannot be underestimated. Diagnostic imaging has paved way for effective treatment of various chronic and infectious diseases. The demand for diagnostic imaging has burgeoned in recent years, owing to a rising pool of geriatric patients. The outbreak of (COVID-19) pandemic has further broadened prospects for the diagnostic imaging services market. As more and more people are getting affected on a daily basis, hospitals, clinics and other healthcare providers have found a massive surge in the number of patients worldwide.
Proper imaging techniques to detect confirmed and suspected cases thus become very important. On the back of these trends, the global diagnostic imaging services market is anticipated to expand positively at a CAGR of 4.2% during the forecast period (2020-2025).
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Key Takeaways of Global Diagnostic Imaging Services Market Study:
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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.
Service Type
Service Provider
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Mergers, Acquisitions and Innovations to be Major Growth Engines
The global diagnostic imaging services market is consolidated. The key market players include RadNet, Inc., Alliance Healthcare Services, Inc., I-MED Radiology Network (Permira) and Sonic Healthcare. These players have consolidated their position by virtue of mergers, acquisitions and joint ventures. Over and above this, they also concentrate on developing new solutions to offer to their clients.
RadNet, Inc., is the leading player in the global diagnostic imaging services market. The company specializes in CT, MRI, Digital X-ray, Ultrasound and PET/CT services, Nuclear Medicine and Digital Mammography. The company also acquired certain assets of Resolution Medical Imaging Corporation, which included two multi-modality imaging centers in 2017. It also signed an agreement with Cedars-Sinai to operate two joint ventures in imaging that same year.
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