Global Mobile Imaging Market was valued at USD 1.59 billion in 2019 which is expected to reach USD 16.7 billion by 2027, as per the study of Qualiket Research, registering a CAGR 3.5% during this forecast timeline. Increase in demand for mobile imaging is primarily driven by global increasing incidence of chronic diseases like cardiovascular diseases, cancer, gastrointestinal disorders, and neurological & lung disorders.
Mobile imaging provides direct X-Ray electrocardiogram (EKG) and ultrasound services to residential, private sector, and medical facilities. Mobile imaging is the faster and cheaper compared to conventional and in-house imaging services.
Market Drivers
Increase in COVID 19 pandemic is the key driving factor which is expected to boost the mobile imaging market growth. For instance, in April 2020, Carestream Health Company had announce that company has increased manufacturing of portable, diagnostic imaging systems such as DRX-Revolution Nano Mobile X-ray System, and DRX-Revolution Mobile X-ray System in response to novel COVID 19 pandemic. Furthermore, increase in prevalence of cardiovascular diseases which is expected to propel the global mobile imaging market growth. For instance, according to American Heart Association’s 2019 statistics around 48% adults in United State are suffering from cardiovascular diseases.
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However, low flexibility of moving mobile imaging unit and requirement of frequent maintenance are the restraining factors which are expected to hamper the global mobile imaging market growth.
Global Mobile Imaging Market Segmentation
Based on the product type, the global mobile imaging market has been segmented into Mammography, Bone Densitometry, PET/CT, MRI CT, Ultrasound, and X-ray. Based on End User, the report has been segmented into Sports Organizations, Rehabilitation Centers, Geriatric Care & Hospice Agencies, Home Healthcare Providers, Hospitals & Private Clinics, and Others.
Key Players
The Global Mobile Imaging Market is divided in various key players including DMS Health Technologies, Inc., , Interim Diagnostic Imaging, LLC, Accurate Imaging, Inc., Axiom Mobile Imaging Shared Imaging LLC, Center for Diagnostic Imaging, Inc., Alliance HealthCare Services, Inc.¸ Imaging On Site, Inc. and InHealth Group.
Impact of COVID 19
Increase in COVID 19 Outbreak, the business conditions are expected to change. Also, increase in footfall in hospitals and clinics, across the world has shrink by more than 80% while the demand for diagnosis has increased during this global crisis, mobile imaging industry has taken a hit. Moreover, the healthcare industry has experienced turbulence as processing of past orders has also impacted due to various factors including delayed manufacturing, payment, and shipment.
Regional Analysis
Geographically, Global Mobile Imaging Market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America holds largest market share in mobile imaging market, followed by Europe. Due to easy availability of advanced technologies, increase in demand=d for digitalization as well as increased awareness about mobile imaging technologies, in the region.
Also, penetration of mobile imaging technologies is very limited in Asia Pacific region at present, these technologies recently launched in countries like Malaysia, and India. Thus, these factors will play an important role in growth of mobile imaging market in Asia Pacific region.
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Key Features
- Qualiket Research Study provides comprehensive analysis of various factors such as driving factors, restraining factors, and opportunities over the forecast period.
- Global Mobile Imaging report provides in-depth analysis of market, with recent market trends, and future estimations.
- Various key players are profiled in this report and their strategies, which predictive competitive analysis of the market.
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