Coherent Market Insights

Mobile Imaging Services Market to Surpass US$ 18.4 Bn by 2030.

Mobile Imaging Services Market to Surpass US$ 18.4 Bn by 2030. - Coherent Market Insights

Publish On: Aug 21, 2023

Global Mobile Imaging Services Market, By Product Type (X-ray, Ultrasound, CT, MRI, PET/CT, Bone Densitometry, Electrocardiogram (EKG), and Mammography), By End User (Hospitals & Private Clinics; Home Healthcare Providers; Rehabilitation Centers, Geriatric Care & Hospice Agencies; Sports Organizations; and Others (Military Institutions, Prisons)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 14.7 Bn in 2023, and is expected to exhibit a CAGR of 3.3% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.

Increasing telemedicine and remote healthcare services has boosted demand for mobile medical imaging services. By leveraging mobile devices and internet connectivity, healthcare providers can remotely access medical images that enables timely diagnosis and treatment planning. Further, significant technological advancements in the mobile imaging devices, in terms of camera quality and image processing capabilities, launch of high resolution cameras, along with sophisticated imaging algorithms, has allowed mobile devices to capture medical images with reasonable clarity and detail. For instance, in May 2023, Carestream, a leading provider of medical imaging solutions, launched DRX-Rise Mobile X-ray System. The DRX-Rise is equipped with Carestream's state-of-the-art ImageView Software thatis powered by the potent Eclipse processing engine with AI, and enables robust processing and image of the highest quality while lowering errors and improving dose efficiency. Such improvements are making mobile medical imaging more viable and reliable for several diagnostic applications.

Global Mobile Imaging Services Market– Impact of Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic had a significant impact on various aspects of healthcare including mobile medical imaging services. To reduce the infection and ease the burden of healthcare facilities, there was growing emphasis on remote healthcare and telemedicine during the pandemic. Mobile medical imaging services played a crucial role in enabling the healthcare providers to remotely assess and monitor patients.

Further, mobile medical imaging services were employed in various ways to aid in the diagnosis and monitoring of COVID-19 patients. Portable x-ray machines, handheld ultrasound devices, and other mobile imaging tools were used at the bedside to assess lung conditions, and to monitor disease progression. This helped healthcare providers to quickly triage and manage COVID-19 patients, especially in overwhelmed healthcare settings.

Conclusively, the COVID-19 pandemic had a positive impact on the mobile imaging services market. The manufacturers witnessed a surge in demand for mobile imaging systems during the pandemic. For instance, in April 2020, Carestream Health, a global provider of medical imaging solutions, announced increase in production of its portable diagnostic imaging systems in response to the COVID-19 crisis.

Global Mobile Imaging Services Market: Key Developments

Increasing product launches is expected to propel the global mobile imaging services market growth. For instance, in August 2020, Canon Medical, a global provider of medical imaging solutions, launched mobile digital X-ray system for enhanced versatility and performance. The new SOLTUS 500 Mobile Digital X-ray had a compact design with advanced features that promote efficiency and patient safety, without compromising image quality.

In January 2020, Nanox, an innovative medical imaging technology company, announced the launch of digital X-ray device accompanied by artificial intelligence-based software. The Nanox System is made up of the Nanox.Arc, a cutting-edge digital X-ray device, and the Nanox.Cloud, a complimentary cloud-based software that is intended to provide an end-to-end medical imaging service. This service is anticipated to include image storage, radiologist matching, online, and offline diagnostics review and annotation, connectivity to diagnostic assistive artificial intelligence systems, billing, and reporting.

Browse 25 Market Data Tables and 27 Figures spread through 180 Pages and in-depth TOC on “Global Mobile Imaging Services Market”- Forecast to 2030, Global Mobile Imaging Services Market, By Product Type (X-ray, Ultrasound, CT, MRI, PET/CT, Bone Densitometry, Electrocardiogram (EKG), and Mammography), By End User (Hospitals & Private Clinics; Home Healthcare Providers; Rehabilitation Centers, Geriatric Care & Hospice Agencies; Sports Organizations; and Others (Military Institutions, Prisons)),  and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/mobile-imaging-services-market-3875

Moreover, increasing adoption of inorganic growth strategies such as mergers and acquisitions by the market players is expected to drive the market growth over the forecast period. For instance, in July 2022, TridentCare, a national leader of portable diagnostic services, announced acquisition of Allied Mobile X-Ray & Ultrasound, a U.S.-based leading diagnostic imaging service provider. The acquisition is expected to facilitate expansion of TridentCare in Florida, with the existing customer base of Allied Mobile X-Ray & Ultrasound.

Key Takeaways of the Global Mobile Imaging Services Market:

  • Global mobile imaging services market is expected to exhibit a CAGR of 3.3% during the forecast period due to increasing product approvals by the regulatory authorities. For instance, in February 2023, the U.S. Food and Drug Administration (FDA) granted 510(k) clearance for upgraded brain imaging software utilized with the Swoop Portable MR Imaging System by Hyperfine, a U.S. based medical device company.
  • Among product type, MRI segment is estimated to hold a dominant position in the global mobile imaging services market, owing to increasing product approvals by regulatory authorities. For instance, in February 2023, Hyperfine, Inc., a medical device company, announced CE (Conformité Européenne) Marking for the Swoop system, a portable MRI system. The CE Marking opens the door for potential future commercial expansion of into the European Economic Area (EEA).
  • Among region, North America is estimated to account for the largest market share in the global mobile imaging services market, due to increasing deployment of mobile imaging units by hospitals and health research universities. For Instance, in January 2023, University of Michigan Health announced the deployment of a mobile mammography unit at the Ypsilanti Health Center operational by February 2023.
  • 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, Boston 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.

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