Diagnostic Imaging Services Market to Grow by 4.1% from 2022-2031, reaching US$ 544.7 Billion: TMR Study
The global ๐๐ข๐๐ ๐ง๐จ๐ฌ๐ญ๐ข๐ ๐ข๐ฆ๐๐ ๐ข๐ง๐ ๐ฌ๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ reached a value of US$ 363.6 billion in 2021 and is expected to grow at a CAGR of 4.1% from 2022 to 2031, reaching over US$ 544.7 billion by the end of 2031. The market's growth is primarily driven by the increasing adoption of diagnostic imaging, with CT scans being a commonly utilized technology for diagnosing various chronic diseases.๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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Integration of advanced technologies such as Artificial Intelligence (AI), 3D imaging, diagnostic wearables, and remote reading solutions is enhancing the efficiency of diagnosis. AI, in particular, enables quicker scans and provides valuable insights into diseases, contributing to improved patient outcomes. Additionally, advancements in hardware miniaturization and computer vision have made diagnostic imaging more mobile.
Companies in the global diagnostic imaging services market are focusing on cost reduction initiatives to expand their market share and meet the growing demand for diagnostic services.
Diagnostic imaging services play a crucial role in monitoring and diagnosing various medical conditions. These services encompass a range of techniques including X-ray imaging, MRI scans, CT scans, ultrasounds, and nuclear imaging. In cancer diagnostics, diagnostic radiology and digital mammography are employed extensively.
Diagnostic radiology is instrumental in capturing images of bones and internal anatomy for diagnostic purposes. Techniques such as X-rays, ultrasound, CT and MRI scans, and nuclear medicine scans fall under diagnostic radiology. Digital mammography, on the other hand, utilizes electronic recording of radiographic images in a digital format, aiding in early screening and diagnosis of breast diseases.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
ย
RadNet, Inc., Center for Diagnostic Imaging (CDI), MedQuest Associates, Inc., Siemens Healthineers, Hitachi, Ltd., Carestream Health, Koninklijke Philips N.V., GE Healthcare, Shimadzu Corporation, and Dignity Health (CommonSpirit Health).
ย
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
ย
By Imaging Modality
X-ray
Magnetic Resonance Imaging (MRI)
Ultrasound
Computed Tomography (CT)
Nuclear Imaging
Others
By Application
Cardiology
Gynecology/Obs
Oncology
Orthopedics & Musculoskeletal
Neurology & Spine
General Imaging
By End-user
Hospitals
Ambulatory Surgical Centers
Diagnostic Centers
Others
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
Inย 2021, Philips N.V. introduced Spectral CT 7500, a new upgrade of CT that is primarily used for precision diagnosis
Inย 2020, GE Healthcare released its version of the simplified POCUS system, which is regarded as the first AI-enabled system for cardiac diagnostics
Inย November 2018, Akumin Inc. acquired four outpatient diagnostic imaging facilities in Broward County and one imaging center in Florida from Diagnostic Professionals Inc. to expand its regional presence in mid and south Florida
๐๐๐ญ ๐๐ก๐ข๐ฌ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ:
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๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ:
Drivers:
Technological advancements in imaging modalities.
Increasing prevalence of chronic diseases.
Rising demand for early and accurate diagnostics.
Growing geriatric population.
Challenges:
High cost of imaging equipment and procedures.
Regulatory hurdles and reimbursement challenges.
Concerns regarding radiation exposure in certain imaging modalities.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Shift towards Digital Imaging: Adoption of digital radiography and picture archiving and communication systems (PACS) for efficient data management.
Integration of Artificial Intelligence (AI): Incorporation of AI algorithms for image analysis, interpretation, and workflow optimization.
Telemedicine and Remote Imaging: Remote access to imaging services for underserved areas and remote patient monitoring.
Focus on Patient-Centric Care: Emphasis on enhancing patient experience, reducing scan times, and minimizing radiation dose exposure.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The diagnostic imaging services market is poised for continued growth and innovation. With ongoing technological advancements, expanding applications of imaging modalities, and evolving healthcare delivery models, the market is expected to witness substantial opportunities for stakeholders.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐ซ๐๐ฉ๐๐ข๐ ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/04/04/2641161/0/en/Prepaid-Battery-Recycling-Market-is-Expected-to-see-a-Growth-of-5-7-During-the-Forecast-Period-2023-2031-Exclusive-Report-by-Transparency-Market-Research-Inc.html
๐๐ข๐ ๐ก ๐๐ญ๐ซ๐๐ง๐ ๐ญ๐ก ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/04/04/2641101/0/en/High-Strength-Concrete-Market-to-Grow-by-6-1-from-2023-2031-reaching-US-661-6-Million-TMR-Study.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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