Overview
Mobile imaging providers provide hospital clinics, as well as the residential and private sectors, with direct X-ray, electrocardiogram (EKG), and ultrasound services. In comparison to traditional and in-house imaging facilities, this method is less expensive and quicker.
Statistics
By the end of 2027, the global smartphone imaging services industry is expected to be worth US$ 16,709.3 million.
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Drivers
The global mobile imaging services industry is expected to grow with the transmission of the COVID-19 pandemic. In reaction to the novel COVID-19 pandemic, Carestream Health announced in April 2020 that it has expanded supply of its portable diagnostic imaging devices, including the DRX-Revolution Mobile X-ray System and the DRX-Revolution Nano Mobile X-ray System.
Furthermore, the growing prevalence of cardiovascular disease is projected to fuel business demand. According to the American Heart Association’s Heart and Stroke Data 2019 Update, almost half of all adults in the U.S. suffered from cardiovascular disease in 2016.
Statistics
In terms of volume, North America led the global mobile imaging services industry in 2019, accounting for 38.7% of the total, followed by Europe and Asia Pacific, respectively.
Restraints
The global mobile imaging services industry is projected to be hampered by the need for regular servicing of mobile imaging modalities. Vibration, torque, shock, and lateral and vertical motions of the trailer/vehicle/van cause a lot of wear and tear on the rig, which necessitates a lot of maintenance.
Furthermore, the market’s growth is projected to be restricted by the inability to shift mobile imaging units between various sites due to the need for re-configuration of the modality. Due to the existence of a single RIS/PACS integration, each mobile scanner must be re-configured for each hospital location. As a result, the procedure is difficult and time-consuming, making it inefficient to use on a regular basis.
Opportunities
In developing markets, smartphone imaging systems are not widely used. To increase their market share, market players can concentrate on raising awareness about mobile imaging services in these areas.
Furthermore, major advancements in digital radiology are expected to help industry expansion. As opposed to traditional computed radiography, optical radiology depends on precisely tuned sensors to produce high-quality imagery while consuming less radiation.
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Statistics
The global mobile imaging services industry was worth xyz in 2019 and is expected to grow at a CAGR of 3.3% from 2020 to 2027, reaching a total volume of US$ 12,922.1 million.
Key Takeaways
The global mobile imaging services industry is expected to expand in response to the increasing geriatric population. According to the United States Census Bureau, the geriatric population of the United States is projected to surpass 77 million by 2034.
Government agencies in the U.K. are working on developing diagnostic facilities during the Covid-19 pandemic, which is expected to help the demand expand. The National Health Service, for example, joined with private sector diagnostics services in April 2020 to expand the availability of scanners and specialist radiographers for the monitoring of patients with alleged Covid-19 infection.
Competitive Landscape
Key companies contributing in the global mobile imaging services market are Front Range Mobile Imaging, Inc., Center for Diagnostic Imaging, Inc., DMS Health Technologies, Inc., Alliance HealthCare Services, Inc., Axiom Mobile Imaging, Jacksonville Mobile Imaging Services, Inc., Carestream Health, Shared Imaging LLC, VanScan Ltd, Accurate Imaging, Inc., Nuffield Health, Interim Diagnostic Imaging, LLC, Atlantic Medical Imaging, InHealth Group, Cobalt Diagnostic Imaging, and Imaging On Site, Inc.
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Key Developments
The market’s major players are focusing on M&A tactics to broaden their product range. In July 2019, Atlantic Medical Imaging purchased the Center for Diagnostic Imaging, a New Jersey-based owner of two American College of Radiology-accredited imaging centers.
Partnership tactics are now being used by major players in the industry to broaden their product line. In August 2018, Alliance HealthCare Services, Inc. merged with Northeast Radiology, and the latter became a subsidiary of Alliance HealthCare.
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