Press release
Rising Prevalence Of Chronic Diseases Propels Demand For Mobile Imaging Services: Key Factor Driving The Growth In The Mobile Imaging Services Market
Mobile Imaging Services
What Is the Expected Mobile Imaging Services Market Size During the Forecast Period?
The market size for mobile imaging services has seen considerable growth in recent times. It is set to expand from a valuation of $19.13 billion in 2024 to $20.2 billion in 2025, representing a compound annual growth rate (CAGR) of 5.6%. This growth during the historical period has been propelled by factors such as an aging population, cost-effectiveness, emergency medical services, disease screening initiatives, chronic disease management, and regulatory structures.
Predictions suggest robust expansion in the mobile imaging services market in the coming years. This growth is forecasted to reach $27.6 billion by 2029, with a compound annual growth rate of 8.1%. The rise over the projected period is due to aspects such as rural healthcare, telehealth services, international health drives, control of infectious diseases, and point-of-care testing. Key trends over this period are anticipated to include the incorporation of artificial intelligence, data protection measures, technological upgrades, remote supervision, and point-of-care ultrasounds.
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What Are the High-Growth Segments in the Mobile Imaging Services Market?
The mobile imaging services market covered in this report is segmented -
1) By Product Type: X-ray, Ultrasound, CT, MRI, Mammography, Bone Densitometry
2) By End User: Hospitals And Private Clinics, Home Healthcare Providers, Rehabilitation Centers, Geriatric Care And Hospice Agencies, Sports Organizations, Other End Users
Subsegments:
1) By X-ray: Portable X-ray Machines, Digital X-ray Systems
2) By Ultrasound: Portable Ultrasound Devices, Point-of-Care Ultrasound Systems
3) By Computed Tomography (CT): Mobile CT Scanners, Helical CT Scanners
4) By Magnetic Resonance Imaging (MRI): Mobile MRI Systems, Open MRI Systems
5) By Mammography: Mobile Mammography Units, Digital Mammography Systems
6) By Bone Densitometry: Portable Bone Densitometers, Dual-Energy X-ray Absorptiometry (DXA) Scanners
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What Key Drivers Are Expected to Influence Future Mobile Imaging Services Market Growth?
The escalating occurrence of chronic illnesses like cancer, neurological conditions, and cardiovascular diseases is projected to boost the expansion of the mobile imaging services market in the forthcoming period. Chronic diseases are enduring health issues that do not have a cure. They persist for over a year, necessitating ongoing medical care, or they could restrict daily life activities. Generally, these diseases aren't preventable through vaccination or treatable with medication. Chronic diseases are the leading cause of death and disability around the world, with disease rates from these conditions escalating across regions and impacting all socioeconomic groups. Mobile imaging services enable healthcare providers to conduct a wide range of essential screenings using different imaging technologies, for example, X-Ray, EKG, and ultrasound. According to the United Nations, the share of global deaths attributed to chronic diseases is anticipated to rise to 70% by 2030. Hence, the growing occurrence of chronic diseases propels the advancement of the mobile imaging services market.
Which Companies Hold the Largest Share Across Different Mobile Imaging Services Market Segments?
Major companies operating in the mobile imaging services market include Accurate Imaging Inc., Alliance HealthCare Services Inc., Axiom Mobile Imaging, Carestream Health, Center for Diagnostic Imaging Inc., Cobalt Health, DMS Health Technologies Inc., Front Range Mobile Imaging Inc., Imaging On Site Inc., InHealth Group Limited, Interim Diagnostic Imaging LLC, Jacksonville Mobile Imaging Services Inc., Nuffield Health, Digirad Corporation, TridentUSA Health Services, Atlantic Medical Imaging Inc., Insights Health Services Corp., RadNet Inc., Akumin Inc, RAYUS Radiology, Atlantic Mobile Imaging, MD Laboratory, MobilexUSA, Medica Reporting Ltd., Mediscan Diagnostic Services, Mobile Imaging Diagnostics, Premier Diagnostic Services, Radiology Imaging Solutions, Rapid Radiology, Shields Health Solutions, SimonMed Imaging, Touchstone Imaging
What Trends Are Driving Growth in The Mobile Imaging Services Market?
Strategic partnerships and takeovers are becoming an increasingly prevalent trend in the mobile imaging services industry. The industry's major players are opting for collaborations and acquisitions as a means to foster innovation and maintain a competitive edge. To illustrate, Photonis, a French electro-optical detection and imaging systems producer for industrial markets and defense, announced in April 2023 a final agreement to acquire Telops, a firm based in Canada known for developing and producing high-performance imaging systems and infrared cameras. The combined entity will offer high-end imaging products to their B2B clients through expert component manufacturing, broad geographic coverage, and cutting-edge technological abilities.
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What Are the Emerging Geographies for The Mobile Imaging Services Market Growth?
North America was the largest region in the mobile imaging services market in 2024. The regions covered in the mobile imaging services market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Mobile Imaging Services Market?
2. What is the CAGR expected in the Mobile Imaging Services Market?
3. What Are the Key Innovations Transforming the Mobile Imaging Services Industry?
4. Which Region Is Leading the Mobile Imaging Services Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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