Diagnostic Imaging Services Market Size: Future Growth, Share, New Investments, In-Depth Survey, Key Player and Analysis Report - Unstoppable Domains
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Diagnostic Imaging Services Market Size: Future Growth, Share, New Investments, In-Depth Survey, Key Player and Analysis Report

Global Diagnostic Imaging Services Market Forecast to 2030

Global Diagnostic Imaging Services Market Research Report and Forecast to 2030 is an in-depth study of the global Diagnostic Imaging Services Market, including market size, market share, current and emerging trends, and the most recent technological developments. The report also provides insight into the global and regional competitive landscape of the Diagnostic Imaging Services Market, as well as a detailed forecast to 2030. The impact of the COVID-19 pandemic on the Diagnostic Imaging Services Market has been updated in the new report. It examines the pandemic’s impact on the economic landscape and government regulations in each region. It also investigates the supply chain disruptions and economic volatility caused by the pandemic and provides a current and prospective outlook.

According to the most recent analysis by Emergen Research, the size of the global market for diagnostic imaging services reached USD 40.80 billion in 2021 and is projected to grow at a revenue CAGR of 5.8% during the forecast period. Chronic disease prevalence is on the rise, the elderly population is growing, and the healthcare diagnostic industry is experiencing rapid technological advancements related to these imaging tests, such as CT scans, MRIs, X-rays, and PET scans, among others. These factors are fueling the market’s revenue growth.

Increasing prevalence of chronic diseases has a significant financial impact on revenue growth of the market. According to the Centers for Disease Control and Prevention (CDC), chronic diseases such as diabetes and heart disease, which account for the majority of deaths and disabilities in the U.S., account for USD 4.1 trillion in annual healthcare spending in the country and are a major driver of revenue growth of the market. For instance, cardiovascular diseases, cancer, chronic respiratory diseases, and diabetes together accounted for 17.9 million Noncommunicable Diseases (NCDs) deaths that occur every year (1.4 million). 74% of all global deaths, or 41 million deaths each year, are caused by NCDs. According to the World Health Organization (WHO), the third leading cause of death across the globe, is Chronic Obstructive Pulmonary Disease (COPD), which includes emphysema and chronic bronchitis. A voluntary coalition of national and international organizations and agencies known as the Global Alliance Against Chronic Respiratory Diseases (GARD) supports the efforts of WHO to combat chronic respiratory and cardiovascular diseases.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

Siemens Healthcare GmbH, Koninklijke Philips N.V., Shimadzu Corporation., TOSHIBA CORPORATION, Hitachi,Ltd., UNILABS, General Electric Company, Agfa-Gevaert Group., Carestream Health., and Akumin Inc

Market Dynamics:

The report offers insightful information about the market dynamics of the Diagnostic Imaging Services market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Diagnostic Imaging Services market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Diagnostic Imaging Services market.

Radical Highlights of the Diagnostic Imaging Services Market Report:

  • Comprehensive overview of the Diagnostic Imaging Services market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and R&D advancements on the Diagnostic Imaging Services market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Some Key Highlights From the Report

  • The X-rays segment accounted for largest revenue share in 2021. One of the key factors driving revenue growth of the segment is rising prevalence of lung diseases, dental problems, and bone fractures. The World Health Organization (WHO) estimates that oral disease affects nearly 3.5 billion people across the globe. Around 2.4 billion people, or 36% of the world’s population, have infections in their permanent teeth. Every year, globally more than 530 billion children lose their natural teeth as a result of dental caries. This method of primary detection can prevent more involved, costly procedures. As a result, rising demand for X-ray diagnostic services in hospitals is contributing to revenue revenue growth of this segment.
  • The ambulatory surgical centers accounted for significantly rapid revenue CAGR in 2021 due to their time-saving functions, presence of sophisticated healthcare professionals, and affordable treatment options. According to the report, the U.S. has 5,375 Ambulatory Surgery Centers businesses as of 2022. Many outpatient surgery facilities have been constructed, independent of hospitals. These hospitals, also known as ambulatory surgical treatment centers, are focused on outpatient surgery and these facilities are now used for increasing number of emergency surgeries.
  • The market in North America accounted for largest revenue share in 2021. Several key companies in this region are investing and making partnerships with other leading companies in this diagnostic imaging services, thus driving revenue growth of the market in this region. For instance, on 6 February 2020, USARAD, a company endorsed by Siemens Healthineers that uses a radiology marketplace platform to provide radiology services to over 500 medical facilities across all 50 U.S. states and 15 other countries, partnered with Innovative medical imaging technology company Nano X Imaging Ltd.

Diagnostic Imaging Services Market Segmentation:

Market Overview:

The report bifurcates the Diagnostic Imaging Services market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2019-2030)
    • X-rays
    • CT Ccan
    • MRI
    • Mammogram
    • Ultrasound
    • Fluoroscopy
    • PET Scans
  • Application Outlook (Revenue, USD Billion; 2019-2030)
    • Orthopedics
    • Neurology
    • Cardiovascular and thoracic
    • Obstetrics and Gynecology
  • End-use Outlook (Revenue, USD Billion; 2019-2030)
    • Hospitals
    • Diagnostic centers
    • Ambulatory surgical centers

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the Diagnostic Imaging Services Market report is an exhaustive database that will help readers formulate lucrative strategies. The Diagnostic Imaging Services Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Diagnostic Imaging Services market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Diagnostic Imaging Services with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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