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Overview

Diagnostic Imaging Services Market Overview:

According to FutureWise analysis the market for diagnostic imaging services is expected to reach US$ 864.47 billion by 2031 at a CAGR of 5.3%.

Diagnostic imaging refers to numerous methods of looking into the body to ascertain a diagnosis and determine the origins of a sickness or injury. Additionally, physicians utilize it to assess how well a patient's body responds to fracture or sickness therapy. Diagnostic imaging enables medical professionals to see inside the body to assist them in spotting any signs of a medical disease. Some tools and techniques can create images of the internal organs and structures. Doctors choose which imaging tests to use based on the body part they are examining and the patient's symptoms. Numerous imaging procedures are simple, painless, and non-invasive. However, some will demand that patients remain motionless inside the device for an extended period, which might be somewhat uncomfortable. Some tests expose test subjects to a small amount of radiation.

The market for diagnostic imaging services is driven by increased diagnostic imaging use. One often employed technology for diagnosing numerous chronic diseases is the CT scan. The incorporation of cutting-edge technologies in medical imaging is greatly increasing the effectiveness of diagnosis. Artificial intelligence (AI), 3D imaging, diagnostic wearables, and remote reading solutions are important technology. Diagnostic imaging advances both scan turnaround times and life-altering knowledge about a range of disorders. Diagnostic imaging is now mobile thanks to hardware miniaturization, Al, and computer vision integration.

FutureWise Market Research has published a report that provides an insightful analysis of diagnostic imaging services market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, the diagnostic imaging services market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.

Major players included in the Diagnostic Imaging Services Market are:

RadNet, Inc
Sonic Healthcare
Dignity Health
Novant Health
Alliance Medical
InHealth Group
Medica Group
Global Diagnostics
Healthcare Imaging Services Pty Ltd.
Concord Medical Services Holdings Limited
Center for Diagnostic Imaging, Inc. (CDI)

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent developments by key players in Diagnostic Imaging Services Market:

In July 2022- In order to save the time needed for MRI procedures, Canon Medical introduced the Vantage Fortain MRI System at ECR 2022. Its MRI system includes enhanced workflow solutions, picture enhancements, and accelerated scan technologies.

In April 2022- The newest Revolution Aspire CT scanner was introduced by Wipro GE Healthcare. Revolution Aspire is an advanced imaging system that is entirely developed and produced in India.

Diagnostic imaging services are becoming more and more necessary as the geriatric population rises. The likelihood of performing diagnostic imaging on older individuals is two times higher than on younger groups. Diagnostic imaging is crucial for the early identification of fatal diseases like cancer. Furthermore, diagnostic imaging is capable of identifying fatal viral diseases like the recently discovered coronavirus. Because of the development in ambulatory emergency care units and the requirement for sophisticated evaluation tools in emergency rooms, the market for diagnostic imaging services is projected to expand. The market for diagnostic imaging services is being driven by a growth in the desire for early and precise diagnosis as well as an increase in public awareness of potential therapies. Moreover, mobile imaging technology can monitor and diagnose elderly patients without a physical examination. With wearable medical devices that have imaging capabilities, patients can record their vital statistics more quickly and conveniently. When an individual move normally, such as when making motions, stretching, or exercising, a portable magnetoencephalography (MEG) scanner can monitor brain activity. Finding the specific location in the brain where epileptic episodes begin can help doctors diagnose diseases like epilepsy more accurately. The emergence of several technologies for enhancing medical imaging services is projected to hasten market expansion during the forecast period. However, the healthcare industry has made several process transitions over the past few decades, moving from paper and film to computers and clouds. Operating complex and sophisticated diagnostic imaging systems requires high technical expertise. Technicians are now required to apply machine learning for convolutional and recurrent neural networks for picture segmentation and more precise concurrent analysis of several images due to improved diagnostic imaging equipment. Due to a lack of skilled professionals, the market for diagnostic imaging may experience slow growth.

Diagnostic Imaging Services Market Segmentation:

By Modality

Magnetic Resonance Imaging
Ultrasound
Computed Tomography
X-Ray Imaging
Nuclear Imaging
Mammography

By Application

Magnetic Resonance Imaging Services
- Neurology
- Orthopedics
- Cardiovascular
- Pelvic & Abdomen
- Oncology
Ultrasound Services
- Obstetrics & Gynecology
- Cardiovascular
- Urology
- Neurology
- Orthopedics
- Other Ultrasound Applications
Computed Tomography Services
- Cardiovascular
- Oncology
- Neurology
- Other CT Applications
X-Ray Imaging Services
- General Radiography
- Dentistry
- Fluoroscopy
Nuclear Imaging Services
- Cardiovascular
- Oncology
- Neurology
- Other Nuclear Imaging Applications
Mammography Services

By End User

Hospitals
Diagnostic Imaging Centers
Ambulatory Care Centers
Research & Academia

By Region

North America
Latin America
Europe
Asia-Pacific
Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. APAC registered highest share in the market in 2022. China, India, and Japan each hold sizable market shares in the region. The diagnostic imaging services market in Asia Pacific is driven by the expansion of production facilities for diagnostic imaging instruments and equipment, significant growth in the healthcare and medical tourism industries, and a rise in the adoption of novel diagnostic imaging services.

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

FutureWise Key Takeaways:

Growth prospects
SWOT analysis
Key trends
Key data-points affecting the market growth

Objectives of the Study:

To provide with an exhaustive analysis on the Diagnostic Imaging Services Market By Modality, By Application, By End User and By Region.
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions— North America, Europe, Asia Pacific and rest of the world
To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

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1. Market Introduction
- 1. Objectives of the Study
  2. Market Definition
  3. Market Scope
  3.1. Years Considered for the Study
  3.2. Market Covered
  4. Currency
  5. Limitations
  6. Stakeholders
2. Research Methodology
- 1. Research Data
  1.1. Secondary Data
  1.1.1. Key Data from Secondary Sources
  1.2. Primary Data
  1.2.1. Key Data from Primary Sources
  2. Market Size Estimation
  3. Market Breakdown and Data Triangulation
  4. Assumptions for the Study
3. Executive Summary
- 1. Market Outlook
  2. Segment Outlook
  3. Competitive Insights
4. Diagnostic Imaging Services Market Variables, Trends and Scope
- 1. Market Lineage Outlook
  2. Penetration and Growth Prospect Mapping
  3. Industry Value Chain Analysis
  4. Cost Analysis Breakdown
  5. Technology Overview
  6. Regulatory Framework
  6.1. Reimbursement Framework
  6.2. Standards and Compliances
5. Market Overview
- 1. Market Dynamics
  1.1. Market Driver Analysis
  1.1.1. Increasing focus of Diagnostic Imaging Services Market Companies on Brand Protection
  1.1.2. Untapped Opportunities in Emerging Regions
  1.2. Market Restraint Analysis
  1.2.1. High Cost Associated with Implementation of Predictive Analysis
  1.3. Industry Challenges
  1.3.1. Presence of Ambiguous Regulatory Framework
6. Diagnostic Imaging Services Market Analysis Tools
- 1. Industry Analysis - Porter’s
  1.1. Supplier Power
  1.2. Buyer Power
  1.3. Substitution Threat
  1.4. Threat from New Entrants
  1.5. Competitive Rivalry
  2. Pestel Analysis
  2.1. Political Landscape
  2.2. Environmental Landscape
  2.3. Social Landscape
  2.4. Technology Landscape
  2.5. Legal Landscape
  3. Major Deals And Strategic Alliances Analysis
  3.1. Joint Ventures
  3.2. Mergers and Acquisitions
  3.3. Licensing and Partnership
  3.4. Technology Collaborations
  3.5. Strategic Divestments
  4. Market Entry Strategies
  5. Case Studies
7. Diagnostic Imaging Services Market, By Modality Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. Magnetic Resonance Imaging
  2. Ultrasound
  3. Computed Tomography
  4. X-Ray Imaging
  5. Nuclear Imaging
  6. Mammography
8. Diagnostic Imaging Services Market, By Application Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. Magnetic Resonance Imaging Services
  1.1. Neurology
  1.2. Orthopedics
  1.3. Cardiovascular
  1.4. Pelvic and Abdomen
  1.5. Oncology
  2. Ultrasound Services
  2.1. Obstetrics and Gynecology
  2.2. Cardiovascular
  2.3. Urology
  2.4. Neurology
  2.5. Orthopedics
  2.6. Other Ultrasound Applications
  3. Computed Tomography Services
  3.1. Cardiovascular
  3.2. Oncology
  3.3. Neurology
  3.4. Other CT Applications
  4. X-Ray Imaging Services
  4.1. General Radiography
  4.2. Dentistry
  4.3. Fluoroscopy
  5. Nuclear Imaging Services
  5.1. Cardiovascular
  5.2. Oncology
  5.3. Neurology
  5.4. Other Nuclear Imaging Applications
  6. Mammography Services
9. Diagnostic Imaging Services Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. Hospitals
  2. Diagnostic Imaging Centers
  3. Ambulatory Care Centers
  4. Research and Academia
10. North America Diagnostic Imaging Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. U.S.A
  2.2. Canada
  2.3. Mexico
  3. Market Size (USD Million) Forecast for North America 2023-2031
11. Latin America Diagnostic Imaging Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Brazil
  2.2. Venezuela
  2.3. Argentina
  2.4. Rest of Latin America
  3. Market Size (USD Million) Forecast for Latin America 2023-2031
12. Europe Diagnostic Imaging Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Germany
  2.2. U.K
  2.3. France
  2.4. Italy
  2.5. Spain
  2.6. Russia
  2.7. Poland
  2.8. Rest of Europe
  3. Market Size (USD Million) Forecast for Europe 2023-2031
13. Asia Pacific Diagnostic Imaging Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Japan
  2.2. China
  2.3. India
  2.4. Australia and New Zealand
  2.5. ASEAN
  2.6. Rest of Asia Pacific
  3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031
14. Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. GCC
  2.2. Israel
  2.3. South Africa
  2.4. Rest of MEA
  3. Market Size (USD Million) Forecast for MEA 2023-2031
15. Market Share Analysis and Competitive Landscape
- 1. Global Landscape - Key Players, Revenue and Presence
  2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
  3. Global Emerging Companies
  4. North America - Market Share Analysis and Key Regional Players
  5. Europe - Market Share Analysis and Key Regional Players
  6. Asia Pacific - Market Share Analysis and Key Regional Players
  7. Global Key Player - Growth Matrix
16. Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
- 1. RadNet, Inc
  1.1 . Company Overview
  1.2 . Financial Overview
  1.3 . Strategic Overview
  1.4 . Product Portfolio
  1.5 . SWOT Analysis
  2. Sonic Healthcare.
  2.1 . Company Overview
  2.2 . Financial Overview
  2.3 . Strategic Overview
  2.4 . Product Portfolio
  2.5 . SWOT Analysis
  3. Dignity Health
  3.1 . Company Overview
  3.2 . Financial Overview
  3.3 . Strategic Overview
  3.4 . Product Portfolio
  3.5 . SWOT Analysis
  4. Novant Health
  4.1 . Company Overview
  4.2 . Financial Overview
  4.3 . Strategic Overview
  4.4 . Product Portfolio
  4.5 . SWOT Analysis
  5. Alliance Medical
  5.1 . Company Overview
  5.2 . Financial Overview
  5.3 . Strategic Overview
  5.4 . Product Portfolio
  5.5 . SWOT Analysis
  6. InHealth Group
  6.1 . Company Overview
  6.2 . Financial Overview
  6.3 . Strategic Overview
  6.4 . Product Portfolio
  6.5 . SWOT Analysis
  7. Medica Group
  7.1 . Company Overview
  7.2 . Financial Overview
  7.3 . Strategic Overview
  7.4 . Product Portfolio
  7.5 . SWOT Analysis
  8. Global Diagnostics
  8.1 . Company Overview
  8.2 . Financial Overview
  8.3 . Strategic Overview
  8.4 . Product Portfolio
  8.5 . SWOT Analysis
  9. Healthcare Imaging Services Pty Ltd.
  9.1 . Company Overview
  9.2 . Financial Overview
  9.3 . Strategic Overview
  9.4 . Product Portfolio
  9.5 . SWOT Analysis
  10. Concord Medical Services Holdings Limited
  10.1 . Company Overview
  10.2 . Financial Overview
  10.3 . Strategic Overview
  10.4 . Product Portfolio
  10.5 . SWOT Analysis
  11. Center for Diagnostic Imaging, Inc. (CDI)
  11.1 . Company Overview
  11.2 . Financial Overview
  11.3 . Strategic Overview
  11.4 . Product Portfolio
  11.5 . SWOT Analysis
17. Pre and Post COVID-19 Impact
- 1. Positive influence on the healthcare industry
  2. The financial disruption of the manufacturing sector
  3. Impact of COVID-19 on emerging companies
  4. Significant mandates in the regulations initiated by healthcare
  administrations
  5. The overall economic slowdown of the developing and developed nations
18. FutureWise SME Key Takeaway Points for Client

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