Thursday, 27 May 2021

Mobile Imaging Services Market Size, Trends, Shares, Insights and Forecast – 2018-2026

 

Mobile imaging services are cost-effective alternatives to in-house imaging services.  Increasing focus on early diagnosis of cancer and other chronic disorders is expected to increase demand for mobile imaging services. 

Statistics:

The global Mobile Imaging Services Market is estimated to account for US$ 16,709.3 Mn in terms of value by the end of 2027.

Global Mobile Imaging Services Market: Drivers

Significant benefits of mobile imaging services over in-house counterparts is expected to propel growth of the global mobile imaging services market. Mobile imaging saves time of healthcare professionals by eliminating the need for transport to the hospital for imaging. It is especially convenient for patients suffering from memory-related disorders that prefer a familiar environment. Moreover, mobile imaging is cheaper compared to in-house imaging services.

Global Mobile Imaging Services Market: Opportunities

Significant development in and adoption of electric vehicles is expected to reduce transportation cost of mobile imaging services, thereby offering lucrative growth opportunities for players in the global mobile imaging services market.  

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Global Mobile Imaging Services Market: Restraints

High and fluctuating fuel costs are expected to hinder growth of the global mobile imaging services market. Fuel costs account for a significant portion of operating expenses for a mobile unit. Because of the effect of wide price fluctuations and rise in demand, the cost and future availability of fuel remains unpredictable.

Key Takeaways:

The global mobile imaging services market was valued at US$ 12,922.1 Mn in 2019 and is forecast to reach a value of US$ 16,709.3 Mn by 2027 at a CAGR of 3.3% between 2020 and 2027. Advantages of mobile imaging services over in-house counterparts is expected to propel growth of the global mobile imaging services market

MRI segment held dominant position in the global mobile imaging services market in 2019, accounting for 35.4% share in terms of value, followed by CT and X-ray, respectively. Increasing technological advancements in the field of medical imaging is expected to drive the market during the forecast period

Market Trends

Major players in the market are focused on expanding their geographical presence. For instance, in November 2019, InHealth Group started a dedicated MRI facility at Kingston Hospital NHS Foundation Trust, U.K.

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Major players in the market are focused on adopting partnership strategies to enhance their market share. For instance, in August 2018, Nuffield Health partnered with GenesisCare, a cancer care provider, to provide oncology diagnosis, care and treatment in the U.K.

Global Mobile Imaging Services Market: Competitive Landscape  

Major players operating in the global mobile imaging services market include, Carestream Health, Accurate Imaging, Inc., Alliance HealthCare Services, Inc., Atlantic Medical Imaging, Axiom Mobile Imaging, Center for Diagnostic Imaging, Inc., Cobalt Diagnostic Imaging, DMS Health Technologies, Inc., Front Range Mobile Imaging, Inc., Imaging On Site, Inc., InHealth Group, Interim Diagnostic Imaging, LLC, Jacksonville Mobile Imaging Services, Inc., Nuffield Health, Shared Imaging LLC, and VanScan Ltd.

Global Mobile Imaging Services Market: Key Developments

Major players in the market are focused on adopting partnership strategies to enhance their market share. For instance, in March 2020, InHealth Group partnered with the National Health Service to provide additional, critical capacity and resource during the Covid-19 pandemic.

Major players in the market are also focused on expanding their geographical presence. For instance, in October 2018, Alliance Cancer Care, a part of Alliance HealthCare Services, Inc., started a new integrated cancer care facility in the northern Alabama region of the U.S.

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