The global diagnostic imaging services market is poised to witness an increasing demand growth during the forecast period. This is expected to be driven by major factors such as increasing investments, funds, and grants by government bodies and public-private organizations for modernization of imaging facilities; growth in the number of diagnostic imaging centers; rising prevalence of cancer; increasing geriatric population and the subsequent growth in the incidence of various diseases; rising awareness for early diagnosis of diseases: widening application of diagnostic imaging devices: and technological advancements in diagnostic imaging modalities.
Growing demand for diagnostic imaging devices, focus of key market players, medical tourism, and improving healthcare infrastructure as along with development of low-cost, technologically advanced imaging systems with applications in multiple fields are offering high growth opportunities for players active in the global diagnostic imaging services market. However, high cost of diagnostic imaging procedures and unfavorable reimbursement scenario are some of the key factors hampering the growth of this market during the forecast period.
As of 2017, RadNet, Inc., Center for Diagnostic Imaging (CDI), MedQuest Associates, Inc. /Novant Health, SimonMed/Dignity Health, and Touchstone Imaging are some of the key players operating in global diagnostic imaging services market. Over the past three years, these companies adopted new service launches, acquisitions, collaborations, agreements, partnerships, and geographical expansions as their key business strategies to ensure their growth in this market.
Diagnostic Imaging Services Market, by Procedure
- X-ray Imaging
- Magnetic Resonance Imaging (MRI)
- Computed Tomography (CT) Scan
- Nuclear Imaging (SPECT/PET)