Mobile Imaging Market Research, 2030
The global mobile imaging services market size was valued at $29,389.4 million in 2020, and is projected to reach $53,847.8 million by 2030 registering a CAGR of 6.50% from 2021 to 2030. Mobile imaging technology is used to provide fast, accurate diagnostic services on site, transforming a traditionally time-consuming process into a smooth, easy one with immediate results. Mobile imaging has a variety of novel uses in fields such as cardiology, neurology, and women's health. Direct X-ray, electrocardiogram (EKG), and ultrasound services are provided by mobile imaging services to medical facilities as well as residential and private sector residents.
The growth of the global mobile imaging services market is majorly driven by rise in cases of chronic diseases such as cancer, neurological disorders, and cardiovascular diseases due to rise in alcohol consumption, unhealthy eating habits, smoking, & sedentary lifestyle coupled with rise in awareness toward early diagnosis of diseases. In addition, the outbreak of COVID-19 pandemic, strategic collaborations & acquisitions of key players, and significant development in digital radiology boost the growth of the market. However, high maintenance requirement of mobile imaging equipment as well as low flexibility of moving the mobile imaging units hamper the market growth. In addition, dearth of skilled radiologists hinder the market growth, as mobile imaging is a relatively new service in the medical industry. On the contrary, high growth potential exhibited by emerging markets creates opportunity for manufacturers to capitalize in the market.
However, the outbreak of COVID-19 has disrupted workflows in the healthcare sector around the world. The disease has forced a number of industries to halt their operations & functioning temporarily, including several subdomains of healthcare. Conversely, due to increase in the prevalence of COVID-19, the demand for various services, including mobile imaging such as CT scanning and X-ray has been witnessed to increase considerably, as there is growing need for diagnostic testing of COVID-19-suspected cases. Furthermore, in April 2020, Carestream Health Company announced 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. Thus, surge in demand for these mobile imaging services due to the COVID-19 pandemic is expected to drive the mobile imaging market.
Market Segmentation
The global mobile imaging market is segmented into service type, patient type, facility, and region to provide a detailed assessment of the market. By service type, the market is divided into X-Ray, CT scan, ultrasound, MRI, mammography, nuclear imaging, and others (PET scan and fluoroscopy). On the basis of patient type, it is bifurcated into adult and pediatric. Depending on facility, it is categorized into hospitals & clinics, home healthcare, and others (ambulatory imaging centers). Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Segment Review
By service type, the X-Ray segment dominated the global mobile imaging market in 2020, and is anticipated to continue this trend during the forecast period. This is attributed to growing demand for mobile X-ray systems, growth in the number of hospitals and diagnostic centers, advances in digital technology, painless and non-invasive procedures, low prices as compared to other modalities, increase in the aging population, and the rise in incidence of injuries and diseases.
By Service Type
X-Ray segment holds a dominant position in 2020 and would continue to maintain the lead over the forecast period.
On the basis of patient type, the adult exhibited the highest growth in 2020, and is expected to remain dominant throughout the forecast period. This is attributed to increase in prevalence of chronic diseases such as cancer, cardiovascular diseases in adults. Depending on facility, the hospitals & clinics segment acquired the largest share in 2020, and is expected to continue this trend throughout the forecast period. This is attributed to increase in adoption of mobile imaging services by hospitals & clinics as they help in saving space, thereby reducing basic investment required for infrastructure.
By Patient Type
Adult segment is projected as one of the most lucrative segment.
Regional/Country Market Outlook
Asia-Pacific offers profitable opportunities for key players operating in the mobile imaging market, owing to improvement in healthcare infrastructure, increase in prevalence of chronic diseases, rise in disposable incomes, well-established presence of domestic companies, and surge in geriatric population. In addition, strengthening economy of the developing countries such as India and China are expected to support the growth of the mobile imaging market in Asia. Moreover, rise in government initiatives to increase the number of community health and oncology centers is expected to widen the scope of the mobile medical imaging in developing regions.
Competitive Landscape
The key market players profiled in the report include Accurate Imaging Inc., Alliance Healthcare Services, Atlantic Medical Imaging Inc., Cobalt Health, Front Mobile Imaging, Inhealth Group Limited, Interim Diagnostic Imaging Inc., Insights Health Services Corp., RadNet Inc., Trident USA Health Services.
By Region
North America is expected to experience growth at the highest rate, registering a CAGR of 5.50 % during the forecast period.
Key Benefits for Stakeholders
- The study provides an in-depth analysis of the global mobile imaging market along with the current trends and future estimations to explain the imminent investment pockets.
- A comprehensive analysis of the factors that drive and restrict the mobile imaging services market growth is provided in the report.
- Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing mobile imaging market opportunities.
- Extensive analysis of the key segments of the industry helps to understand the application and services of mobile imaging used across the globe.
- Key market players and their strategies have been analyzed to understand the competitive outlook of the mobile imaging services market.
Key Market Segments
By Service Type
- X-Ray
- CT Scan
- Ultrasound
- MRI
- Mammography
- Nuclear Imaging
- Others
By Patient Type
- Adult
- Pediatrics
By End User
- Hospitals & Clinics
- Home Healthcare
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Mobile Imaging Market Report Highlights
| Aspects | Details |
 By SERVICE TYPE |
|
 By PATIENT TYPE |
|
 By FACILITY |
|
 By Region |
|
 Key Market Players | RADNET INC., TRIDENT USA HEALTH SERVICES, ATLANTIC MEDICAL IMAGING INC., INTERIM DIAGNOSTIC IMAGING INC., INSIGHTS HEALTH SERVICES CORP., ALLIANCE HEALTHCARE SERVICES, .FRONT RANG MOBILE IMAGING, INHEALTH GROUP LIMITED, ACCURATE IMAGING INC., COBALT HEALTH |
Analyst Review
Mobile imaging technology is primarily used in the diagnosis of diseases by providing detailed images of the body. Mobile imaging has various innovative applications in areas such as cardiology, neurology, and women’s health. Mobile imaging services offer direct X-ray, electrocardiogram (EKG), and ultrasound services to medical facilities and residential and private sectors. The approach is cheaper and faster as compared to conventional and in-house imaging services. Mobile imaging technology helps create visual representations of the interior parts of the body so that medical practitioners can analyze organs and tissues to determine if invasive or noninvasive medical interventions are required. Medical imaging in healthcare consists of tests such as magnetic resonance imaging (MRI), computed tomography (CT scans), ultrasounds, positron emission tomography (PET scans) and X-rays.
Increase in prevalence of chronic diseases coupled with awareness toward early diagnosis of diseases, emergence of COVID-19 pandemic outbreak, strategic collaborations & acquisitions of key players, and significant development in digital radiology boost growth of the market. Furthermore, high growth potential exhibited by emerging markets create a lucrative opportunity for manufacturers to invest in the near future. However, high maintenance requirement, low flexibility of moving the mobile imaging units, and shortage of skilled radiologists are some factors, which are expected to hinder growth of the market.
The X-ray segment is expected to remain dominant during the forecast period, owing to factor such as growing demand for mobile X-ray systems, growth in the number of hospitals and diagnostic centers, advances in digital technology, painless and non-invasive procedures, low prices as compared to other modalities, increase in the aging population, and the rise in incidence of injuries and diseases. North America are expected to offer lucrative opportunities to the market during the forecast period, increase in demand for digitization in healthcare organizations, rise in prevalence of chronic diseases, surge in awareness about mobile imaging technologies in the diagnosis of various diseases, increase in demand of better healthcare facilities, rise in healthcare expenditure, and improved healthcare infrastructure in the region.
Mobile imaging is the technique of creating visual representations of the interior of a body for clinical analysis and medical intervention, as well as visual representation of the function of some organs or tissues (physiology).
The total market value of mobile imaging market is $29389.4 million in 2020.
The primary use of mobile imaging technology is in the diagnosis of illnesses by giving comprehensive pictures of the body.
The market value of mobile imaging market in 2021 is $30623.8 million.
The base year is 2020 in mobile imaging market
Top companies such as Accurate Imaging Inc., Alliance Healthcare Services, Atlantic Medical Imaging Inc., Cobalt Health, Front Mobile Imaging, Inhealth Group Limited, Interim Diagnostic Imaging Inc., Insights Health Services Corp., RadNet Inc., Trident USA Health Services a high market position in 2020.
X-ray segment is the most influencing segment owing to owing to the growing demand for mobile X-ray systems, retrofit upgrade kits, growth in the number of hospitals and diagnostic centers, advances in digital technology, painless and non-invasive procedures, low prices as compared to other modalities, increase in the aging population, and the rising incidence of injuries and diseases.
Increase in prevalence of chronic diseases coupled with awareness towards early diagnosis of diseases, emergence of COVID-19 pandemic outbreak, strategic collaborations and acquisitions of key players, and significant development in digital radiology boost growth of the market.
Asia-Pacific is expected to experience the highest growth rate during the forecast period, owing to economic development and adoption of mobile imaging services in low emerging economies
The forcast period for mobile imaging market is 2021 to 2030
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