Research on Mobile Diagnostic Imaging Services Market Forecast and Analysis Till 2020
Mobile diagnostic imaging service providers install imaging technologies such as MRI, PET/CT, Ultrasound and X-Ray on mobile platforms such as fleet vans and trucks. Along with this, other service providers include ECG and Holter monitoring and stress testing as well. With advancing technology in diagnostic imaging sector such as digitization and remote monitoring, the mobile imaging market is carving a significant niche for itself. In 2013, the American healthcare system brought in new regulations that decreed hospitals should not have extended bed stays for patients. This motion brought a greater need for diagnosis and treatment away from hospital and thus paved a highway for growth of other healthcare areas such as remote patient monitoring, PACS and point of care diagnostics. The North American mobile imaging market is also observing an increased demand for mobile imaging unit based on pent-up capital expenditures saved for CT and MRI upgrades by hospitals. In many instances, it is also one of the least regulated areas in imaging currently due to the ability of carriers and fleet vans to cross borders within the states. A considerable challenge is expected to be posed to companies offering truck and fleet van rentals to mobile imaging providers primarily due to miniaturization of ultrasound and x-ray. Portable and hand-held imaging devices will reduce the burden of hospitals and mobile imaging providers as there will be no capital invested in installation and maintenance of vehicles. However, CT and MRI continue to increase in popularity as the devices are large and have to be maintained with considerable capital investment.
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The mobile imaging modalities are available for a variety of medical specialties such as cardiology, oncology and orthopedics among others. However, these three applications indicate the largest market availability and revenue potential. Neurological and whole body imaging along with neck and spine are other major application areas currently observing great demand for mobile imaging. The world-wide market for mobile imaging was valued at US$ 3.0 billion in 2014. The market for mobile diagnostic imaging services is highly fragmented in terms of key players. Our analysis indicates popularity of mobile imaging services only in developed countries such as United States, Canada and parts of Europe. These services are rarely found in developing regions such as Middle-East, Latin America and Asia-Pacific, although there is considerable presence of portable miniaturized devices being used here. Currently there are no mobile imaging service providers registered in Africa. Mobilex USA, part of Trident Health Services USA is one of the top service providers along with others such as Alliance Radiology, DMS Health Technologies, Mobile Imaging Logistics & Solutions (MIL&S) formerly known as S&A Holdings Company, Medical Imaging Resources Inc, Shared Medical Services, Front Range Mobile Imaging, Mobile Medical Imaging. Most imaging services are restricted to grouped state areas within the United States; however, there is a significant rise in national service providers through collaboration and networks such as CDI. The above companies are just a few of a very large group that illustrates the fragmented nature of the market.
Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.
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