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Global Diagnostic Imaging Services Market: By Type: X-ray, Magnetic Resonance Imaging (MRI), Ultrasound, Computed Tomography (CT), Nuclear Imaging, Others; By Application; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Diagnostic Imaging Services Market Outlook

The global diagnostic imaging services market size was around USD 361.5 billion in 2020 and is expected to expand at a CAGR of 6% over the forecast period of 2021-2026.

 

Global Diagnostic Imaging Services Market

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Medical imaging is an essential aspect of the whole continuum of health care. The emphasis on chronic disease, acute care, image-guided medical procedures, and improved treatment planning is driving the diagnostic imaging services industry.

 

Properties and Applications

Diagnostic imaging allows doctors to seek clues about a medical condition inside the body. A variety of techniques and machines can create images of your body’s structures and activities. The type of imaging service used by a doctor depends on the symptoms and part of a patient’s body being examined.

 

Global Diagnostic Imaging Services Market By Type

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The diagnostic imaging services market can be divided on the basis of segments like type, application, and end-use.

The industry can be divided on the basis of its type as X-ray, magnetic resonance imaging (MRI), ultrasound, computed tomography (CT), and nuclear imaging, among others.

The industry can be divided based on its application into:

  • Cardiology
  • Gynecology/Obstetrics
  • Orthopaedics and Musculoskeletal
  • Oncology
  • Neurology and Spine
  • General Imaging

Further, the industry, based on its end use, can be broadly categorised into:

  • Hospitals
  • Diagnostic Imaging Centres
  • Ambulatory Surgical Centres
  • Others

The EMR report looks into the regional diagnostic imaging services markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Diagnostic Imaging Services Market By Region

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Market Analysis

The global market for diagnostic imaging services is driven by factors, such as, an increased number of diagnostic imaging centres, growing geriatric population, increased cancer prevalence, and increased awareness of early diagnosis. Moreover, increased investments by government and private organisations in the health care sector to modernise imaging facilities is further aiding the market growth. The rising demand for diagnostic imaging devices is increasing due to technologically advanced imaging systems with multi-field applications and improved healthcare infrastructure. However, the high cost of diagnostic imaging procedures may hamper the market’s growth during the forecast period.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global diagnostic imaging services market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • RadNet, Inc. (RDNT: NASDAQ) 
  • Center for Diagnostic Imaging 
  • MedQuest Associates, Inc.   
  • Siemens Healthineers   
  • Hitachi, Ltd.   
  • Carestream Health
  • Koninklijke Philips N.V.
  • GE Healthcare
  • Shimadzu Corporation
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis, as well as an assessment of Porter’s Five Forces model.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data
3    Executive Summary
    3.1    Market Overview
    3.2    Market Analysis
4    Global Diagnostic Imaging Services Market Analysis
    4.1    Global Diagnostic Imaging Services Historical Market (2016-2020) & Forecast (2021-2026)
    4.2    Global Diagnostic Imaging Services Market Breakup by Type
        4.2.1    X-ray
        4.2.2    Magnetic Resonance Imaging (MRI)
        4.2.3    Ultrasound
        4.2.4    Computed Tomography (CT)
        4.2.5    Nuclear Imaging 
        4.2.6    Others
    4.3    Global Diagnostic Imaging Services Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
        4.3.1    X-ray
        4.3.2    Magnetic Resonance Imaging (MRI)
        4.3.3    Ultrasound
        4.3.4    Computed Tomography (CT)
        4.3.5    Nuclear Imaging 
        4.3.6    Others
    4.4    Global Diagnostic Imaging Services Market Breakup by Application
        4.4.1    Cardiology
        4.4.2    Gynecology/Obstetrics
        4.4.3    Orthopaedics & Musculoskeletal
        4.4.4    Oncology
        4.4.5    Neurology & Spine
        4.4.6    General Imaging
    4.5    Global Diagnostic Imaging Services Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026) 
        4.5.1    Cardiology
        4.5.2    Gynecology/Obstetrics
        4.5.3    Orthopaedics & Musculoskeletal
        4.5.4    Oncology
        4.5.5    Neurology & Spine
        4.5.6    General Imaging
    4.6    Global Diagnostic Imaging Services Market Breakup by End Use
        4.6.1    Hospitals
        4.6.2    Diagnostic Imaging Centres
        4.6.3    Ambulatory Surgical Centres
        4.6.4    Others
    4.7    Global Diagnostic Imaging Services Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026) 
        4.7.1    Hospitals
        4.7.2    Diagnostic Imaging Centres
        4.7.3    Ambulatory Surgical Centres
        4.7.4    Others
    4.8    Global Diagnostic Imaging Services Market Breakup by Region
        4.8.1    North America
            4.8.1.1    United States of America
            4.8.1.2    Canada
        4.8.2    Europe
            4.8.2.1    Germany
            4.8.2.2    United Kingdom
            4.8.2.3    France
            4.8.2.4    Italy
            4.8.2.5    Others
        4.8.3    Asia Pacific
            4.8.3.1    China
            4.8.3.2    Japan
            4.8.3.3    India
            4.8.3.4    ASEAN
            4.8.3.5    Others
        4.8.4    Latin America
            4.8.4.1    Brazil
            4.8.4.2    Argentina
            4.8.4.3    Mexico
            4.8.4.4    Others
        4.8.5    Middle East & Africa
            4.8.5.1    Saudi Arabia
            4.8.5.2    United Arab Emirates
            4.8.5.3    Nigeria
            4.8.5.4    South Africa
            4.8.5.5    Others
    4.9     Global Diagnostic Imaging Services Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        4.9.1    North America
            4.9.1.1    United States of America
            4.9.1.2    Canada
        4.9.2    Europe
            4.9.2.1    Germany
            4.9.2.2    United Kingdom
            4.9.2.3    France
            4.9.2.4    Italy
            4.9.2.5    Others
        4.9.3    Asia Pacific
            4.9.3.1    China
            4.9.3.2    Japan
            4.9.3.3    India
            4.9.3.4    ASEAN
            4.9.3.5    Others
        4.9.4    Latin America
            4.9.4.1    Brazil
            4.9.4.2    Argentina
            4.9.4.3    Mexico
            4.9.4.4    Others
        4.9.5    Middle East & Africa
            4.9.5.1    Saudi Arabia
            4.9.5.2    United Arab Emirates
            4.9.5.3    Nigeria
            4.9.5.4    South Africa
            4.9.5.5    Others
5    SWOT Analysis
    5.1    Overview
    5.2    Strengths
    5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1    Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree of Rivalry
    6.6    Substitutes
7    Key Players & Company Profiles
    7.1    RadNet, Inc. (RDNT:NASDAQ)
        7.1.1    Company Overview
        7.1.2    Financial Analysis
    7.2    Center for Diagnostic Imaging (CDI) 
        7.2.1    Company Overview
        7.2.2    Financial Analysis
    7.3    MedQuest Associates, Inc. 
        7.3.1    Company Overview
        7.3.2    Financial Analysis
    7.4    Siemens Healthineers 
        7.4.1    Company Overview
        7.4.2    Financial Analysis
    7.5    Hitachi, Ltd. 
        7.5.1    Company Overview
        7.5.2    Financial Analysis
    7.6    Carestream Health 
        7.6.1    Company Overview
        7.6.2    Financial Analysis
    7.7    Koninklijke Philips N.V. 
        7.7.1    Company Overview
        7.7.2    Financial Analysis
    7.8    GE Healthcare 
        7.8.1    Company Overview
        7.8.2    Financial Analysis
    7.9    Shimadzu Corporation 
        7.9.1    Company Overview
        7.9.2    Financial Analysis
        7.10    Others
8    Industry Events and Developments

Key Questions Answered in the Report

In 2020, the global diagnostic imaging services market attained a value of nearly USD 361.5 billion.

The market is projected to grow at a CAGR of 6% between 2021 and 2026.

The major drivers of the industry include increased number of diagnostic imaging centres, growing geriatric population, increased cancer prevalence, and increased awareness of early diagnosis.

The emphasis on chronic disease, acute care, image-guided medical procedures, and improved treatment planning is expected to be a key trend guiding the growth of the industry.

The types of diagnostic imaging services available are X-ray, magnetic resonance imaging (MRI), ultrasound, computed tomography (CT), and nuclear imaging, among others.

Diagnostic imaging services finds applications as cardiology, gynaecology/obstetrics, orthopaedics and musculoskeletal, oncology, neurology and spine, and general imaging.

Diagnostic imaging services can have different end-uses like hospitals, diagnostic imaging centres, and ambulatory surgical centres, amongst others.

The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The leading players in this market are RadNet, Inc. (RDNT: NASDAQ), Center for Diagnostic Imaging, MedQuest Associates, Inc., Siemens Healthineers, Hitachi, Ltd., Carestream Health, Koninklijke Philips N.V., GE Healthcare, and Shimadzu Corporation, amongst others.

Analyst Review

The global diagnostic imaging services market attained a value of USD 361.5 billion in 2020, driven by the emphasis on chronic disease, acute care, image-guided medical procedures, and improved treatment planning. Aided by the increased number of diagnostic imaging centres, growing geriatric population, increased cancer prevalence, and increased awareness of early diagnosis, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 6%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on the type, the diagnostic imaging services market can be segmented into X-ray, magnetic resonance imaging (MRI), ultrasound, computed tomography (CT), and nuclear imaging. By application, the industry can be divided cardiology, gynaecology/obstetrics, orthopaedics and musculoskeletal, oncology, neurology and spine, and general imaging. Diagnostic imaging services can have different end-uses like hospitals, diagnostic imaging centres, and ambulatory surgical centres, amongst others. The regional markets for diagnostic imaging services include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include RadNet, Inc. (RDNT: NASDAQ), Center for Diagnostic Imaging, MedQuest Associates, Inc., Siemens Healthineers, Hitachi, Ltd., Carestream Health, Koninklijke Philips N.V., GE Healthcare, and Shimadzu Corporation, amongst others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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