Mobile Imaging Services Market Size Is Predicted To Reach USD 2.05 Billion By 2025: Grand View Research, Inc.

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According to report published by Grand View Research, the global mobile imaging services market size is expected to reach USD 2.05 billion by 2025. Growing requirement for convenient medical services among patients is anticipated to impel demand for mobile imaging services.

According to a report by Grand View Research, Inc., global mobile imaging services market is anticipated to value USD 2.05 billion by 2025. Growing requirement for convenient medical services among patients is anticipated to impel demand for mobile imaging services. These services are likely to offer medical assistance at home and even in remote areas to patients suffering from chronic diseases such as cancer and endocrinal disorders.

Rising cases of cardiovascular diseases, neural disorders, and musculoskeletal disorders attributed to unhealthy eating habits, smoking, and consumption of alcohol can fuel market growth. Growing adoption of imaging technology in monitoring and detection of disease progression can fuel growth of market in the forthcoming years. Continual technological advancements leading to combination of informatics and advanced imaging techniques can enable remote data storage. This, in turn, can support healthcare professionals to track and trace patient history and drive growth of market during the forecast period (2014 to 2025).

To cater to rising demand for mobile imaging services, most companies are focusing on R&D activities to develop advanced machines that can offer such services. For instance, Carestream Health recently introduced its new X-ray system that can be transported easily from one place to another. This new system is expected to get clearance from food and drug administration (FDA). It is likely to use carbon nanotube technology in compact, lighter weight, non-motorized system that can be moved easily and positioned in crowded intensive care unit (ICU) and neonatal intensive care unit (NICU) areas. Compact footprint and low weight of this system are likely to fuel its demand in next few years.   

Full Research Report On Mobile Imaging Services Market Analysis:

U.S. mobile imaging services market, by product, 2014 - 2025 (USD Million)

The mobile imaging market can be segregated on the basis of product type, end-use, and region. Based on product type, the market can be categorized into ultrasound, CT, X-ray, MRI, mammography, nuclear imaging, and others. MRI segment is expected to account for largest market share attributed to rising cases of brain injuries and multiple sclerosis.

Other segments including bone densitometers and stereotactic breast biopsy equipment is likely to witness significant growth during the forecast period. Growing adoption by physicians, cost savings, revenue enhancement are likely to spur market growth in the forthcoming years. Rising cases of osteoporosis and increasing number of geriatric population can influence growth of market.

Based on end-use, the market can be classified into home healthcare, hospitals & private clinics, and others. In 2016, hospitals and private clinics segment dominated the market and accounted for largest market share. Reduction in basic investments required for infrastructure is anticipated to propel demand for mobile imaging units in hospitals and clinics. Potable units are likely to allow doctors in obtaining scans on the spot and make necessary decisions related to treatment. Increasing number of patients demanding mobile imaging services in sports rehabilitation centers, geriatric care centers, and palliative care can fuel market growth.

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Global mobile imaging services market revenue, by end use, 2016 (%)

Similarly, numerous initiatives taken by governments globally to support remote patient monitoring coupled with high prevalence of geriatric patient pool can fuel demand for these services in old-age homes and home healthcare settings.  

Regional segmentation includes Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. In North America, the market is expected to account for largest market share attributed to growth of telehealth services and remote patient monitoring in the region. Advantages offered by such these services such as low cost and space requirement can spur growth of market. In addition, reduced waiting time for patients to avail services can influence growth of market in this region.

In Asia Pacific, the market is expected to grow slow owing to recent launch of services in countries such as Malaysia and India. These countries can play essential role in market growth in this region.

Some of the leading companies offering mobile imaging services are Digirad Corporation, Cobalt Health, Front Mobile Imaging, InHealth Group Ltd., and Alliance HealthCare Services. Most companies are likely to take strategic actions such as mergers & acquisitions and development of innovative products to gain traction among consumers and expand product portfolio.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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