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Diagnostic Imaging Services Market Size, Share Global Analysis Report, 2019 – 2026
Diagnostic Imaging Services Market by Imaging Modality (X-ray, Magnetic Resonance Imaging (MRI), Ultrasound, Computed Tomography (CT), Nuclear Imaging, and Others); by Application (Cardiology, Gynecology/Obs, Orthopedics & Musculoskeletal, Oncology, Neurology & Spine, and General Imaging); and by End User (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast 2019 – 2026
Industry Insights
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the diagnostic imaging services industry. The report analyzes and declares the historical and current trends analysis of the diagnostic imaging services industry and subsequently recommends the projected trends anticipated to be observed in the diagnostic imaging services market during the upcoming years.
The diagnostic imaging services market report analyzes and notifies the industry statistics at the global as well as regional and country levels to acquire a thorough perspective of the entire diagnostic imaging services market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD 700 Billion) from FY 2016 – 2026.
Key Insights from Primary Research
- As per our primary respondents, the global diagnostic imaging services market is set to grow annually at a rate of around 5.3%.
- It was established through primary research that the global diagnostic imaging services market was valued at around USD 690 Billion in 2019.
- The “Hospitals” category, on the basis of end user segmentation, was the leading revenue-generating category in 2019.
- Based on the region, North America was the leading revenue-generating category in 2019.
Key Recommendations from Analysts
- As per our analysis, the global diagnostic imaging services market is growing at high CAGR and various end-use industries are aware of this potential market and applications of the diagnostic imaging services.
- Growing at a CAGR around 5.3%, the global diagnostic imaging services market provides numerous opportunities for all of the involved stakeholders across the entire value chain.
- Our analysts have identified hospitals segment will be dominating for global diagnostic imaging services market in terms of end user.
- As per our analysis, North America is expected to account for maximum revenue share, in the target market.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the diagnostic imaging services industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the diagnostic imaging services industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the diagnostic imaging services market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the diagnostic imaging services industry. The diagnostic imaging services market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the diagnostic imaging services sector. Key strategic developments in the diagnostic imaging services market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the diagnostic imaging services market are appropriately highlighted in the report.
The significant factors driving the development of this market, incorporate the quickly developing geriatric populace and the ensuing increment in the pervasiveness of related sicknesses and developing mindfulness about early illness identification and the broadening extent of clinical applications. Additionally, factors, for example, the significant expense of demonstrative imaging frameworks and the low repayment structure for outpatient imaging offices are probably going to control the development of the analytic imaging administrations market partly in the near future.
The worldwide diagnostic imaging services industry has been segmented on the basis of end-user, application, imaging modality, and region. The imaging modality segment is divided into X-ray, Ultrasound, Nuclear Imaging, Magnetic Resonance Imaging, Computed Tomography, and Others. Further, the application segment is classified as Orthopedics & Musculoskeletal, Oncology, Neurology & Spine, Gynecology/Obs, General Imaging, Cardiology. Additionally, the end-user segment is classified as Diagnostic Centers, Ambulatory Surgical Centers, Hospitals, and Others.
Report ScopeBy Metal Substrate, By Region
Report Attribute |
Details |
Market Size in 2019 |
USD 690 Billion |
Projected Market Size in 2026 |
USD 700 Billion |
CAGR Growth Rate |
5.3% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Esaote SpA, Hologic Inc, TOSHIBA CORPORATION, Siemens Healthcare GmbH, Shimadzu Corporation, Koninklijke Philips N.V., Hitachi Medical Corporation, Hitachi Ltd., GE Healthcare, Fujifilm Corporation, Carestream Health among others |
Key Segment |
By Imaging Modality, By Application, By End User, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Top Market Players
Some of the essential players operating in the market are :
- Esaote SpA
- Hologic Inc
- TOSHIBA CORPORATION
- Siemens Healthcare GmbH
- Shimadzu Corporation
- Koninklijke Philips N.V.
- Hitachi Medical Corporation
- Hitachi Ltd.
- GE Healthcare
- Fujifilm Corporation
- Carestream Health
The taxonomy of the diagnostic imaging services Market by its scope and segmentation is as follows:
Imaging Modality Segment Analysis
- X-ray
- Magnetic Resonance Imaging (MRI)
- Ultrasound
- Computed Tomography (CT)
- Nuclear Imaging
- Others
Application Segment Analysis
- Cardiology
- Gynecology/Obs
- Orthopedics & Musculoskeletal
- Oncology
- Neurology & Spine
- General Imaging
End User Segment Analysis
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic Centers
- Others
Regional Segment Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
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