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Global Radiology Services Market Size 2023 - Share Analysis, Research Report, Business Growth, Top Countries And Forecast To 2032
Radiology Services Market
The Business Research Company's Radiology Services Global Market Report 2023 identifies growing prevalence of age-associated diseases as the major driver for the Radiology Services market's growth in the forecast period. Age-related diseases are diseases that become more frequent as a person ages. It includes diseases such as Alzheimer's disease, arthritis, and dementia. Radiological tests such as MRI and computed tomography are used for the diagnosis of these diseases, and their increased prevalence increases the need for more diagnostic tests.
The global radiology services market size is expected to grow from $5.90 billion in 2022 to $6.62 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global radiology services market size is expected to grow to $10.31 billion in 2027 at a CAGR of 11.7%.
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Major competitors in the Radiology Services market are Radisphere Radiology, Cybernet Manufacturing Inc., GE Healthcare, TeleDiagnostic Solutions Pvt. Ltd., 4ways Healthcare Limited.
A key trend in the Radiology Services market includes product innovations. Major companies in the market are introducing innovative products to sustain their position in the market. For instance, in December 2021, Sirona Medical, a US-based software company, launched its cloud radiology operating system, called RadOS. The new platform is powered by artificial intelligence, simplifies the workflow of radiologists, and improves user experience and productivity.
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The Radiology Services market is segmented -
• By Type: Stationary Digital Radiology Systems, Portable Digital Radiology Systems
• By Procedure: Conventional, Digital
• By Patient Age: Adults, Pediatric
• By Application: Cardiovascular Imaging, Chest Imaging, Dental Imaging, Mammography Imaging, Orthopedic Imaging
• By End User: Hospitals, Ambulatory Centers, Diagnostic Centers, Clinics, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Radiology Services market.
The Business Research Company's "Global Radiology Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Radiology Services Market Include:
1. Executive Summary
2. Radiology Services Market Characteristics
3. Radiology Services Market Trends And Strategies
4. Radiology Services Market - Macro Economic Scenario
5. Radiology Services Market Size And Growth
………………………………
26. Africa Radiology Services Market
27. Radiology Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Radiology Services Market
29. Radiology Services Market Future Outlook and Potential Analysis
30. Appendix
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