Mobile Imaging Services Industry Growth Expected to Reach $27.6 Billion by 2029 at a CAGR of 8.1% | Segmentation and Growth Opportunities
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What Is the Forecast for the Mobile Imaging Services Market Growth in 2025?
In recent times, there has been significant growth in the size of the mobile imaging services market. This market is projected to expand from $19.13 billion in 2024 to $20.2 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.6%. Factors contributing to growth during the historic period include an aging population, cost-effectiveness, emergency medical services, disease screening initiatives, chronic disease management, and regulatory frameworks.
What Is the Forecast for the Mobile Imaging Services Market Size Through 2029?
In the coming years, the mobile imaging services market is set to experience a robust expansion. The market is predicted to reach a value of $27.6 billion by 2029, with a compound annual growth rate (CAGR) of 8.1%. This anticipated growth during the forecast period can be linked to factors such as rural healthcare, telehealth services, global health initiatives, infectious disease control, and point-of-care testing. Leading trends that will shape the forecast period are the integration of artificial intelligence (AI), improvements in data security, technological advancements, remote monitoring, and point-of-care ultrasound.
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What are the Key Market Players in Mobile Imaging Services Market and How They’re Evolving?
Major companies operating in the mobile imaging services market include Accurate Imaging Inc., Alliance HealthCare Services Inc., Axiom Mobile Imaging, Carestream Health, Center for Diagnostic Imaging Inc., Cobalt Health, DMS Health Technologies Inc., Front Range Mobile Imaging Inc., Imaging On Site Inc., InHealth Group Limited, Interim Diagnostic Imaging LLC, Jacksonville Mobile Imaging Services Inc., Nuffield Health, Digirad Corporation, TridentUSA Health Services, Atlantic Medical Imaging Inc., Insights Health Services Corp., RadNet Inc., Akumin Inc, RAYUS Radiology, Atlantic Mobile Imaging, MD Laboratory, MobilexUSA, Medica Reporting Ltd., Mediscan Diagnostic Services, Mobile Imaging Diagnostics, Premier Diagnostic Services, Radiology Imaging Solutions, Rapid Radiology, Shields Health Solutions, SimonMed Imaging, Touchstone Imaging
What Are the Primary Growth Drivers in the Mobile Imaging Services Market?
The escalating incidence of long-term illnesses like cancer, neurological conditions, and diseases related to the heart is anticipated to boost the mobile imaging services market in the coming years. Chronic diseases are persistent health issues that currently have no cure and extend over a minimum of one year, requiring ongoing medical care or they might impede regular day-to-day activities. Vaccines do not prevent them and medication cannot cure them. Around the world, these diseases have become a leading cause of death and disability, with rates spreading across regions and affecting individuals from all economic backgrounds. Mobile imaging services aid healthcare providers in carrying out crucial screenings with the use of various imaging technologies such as X-Ray, EKG, and ultrasound. As per data from the United Nations, by 2030, 70% of total global deaths are expected to be caused by chronic ailments. As a result, this upsurge in chronic illnesses fuels the growth of the mobile imaging services market.
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What Are the Leading Segments in the Global Mobile Imaging Services Industry?
The mobile imaging services market covered in this report is segmented –
1) By Product Type: X-ray, Ultrasound, CT, MRI, Mammography, Bone Densitometry
2) By End User: Hospitals And Private Clinics, Home Healthcare Providers, Rehabilitation Centers, Geriatric Care And Hospice Agencies, Sports Organizations, Other End Users
Subsegments:
1) By X-ray: Portable X-ray Machines, Digital X-ray Systems
2) By Ultrasound: Portable Ultrasound Devices, Point-of-Care Ultrasound Systems
3) By Computed Tomography (CT): Mobile CT Scanners, Helical CT Scanners
4) By Magnetic Resonance Imaging (MRI): Mobile MRI Systems, Open MRI Systems
5) By Mammography: Mobile Mammography Units, Digital Mammography Systems
6) By Bone Densitometry: Portable Bone Densitometers, Dual-Energy X-ray Absorptiometry (DXA) Scanners
What Are the Key Market Trends in the Mobile Imaging Services Industry?
The rising trend of strategic partnerships and buyouts is becoming increasingly evident in the mobile imaging services market. Major industry participants are employing these strategies to foster innovation and maintain their competitiveness. For example, in April 2023, Photonis, a French firm that produces electro-optical detection and imaging systems for defense and industry markets, finalized an agreement to take over Telops, a Canadian firm specializing in the creation and manufacture of high-performance imaging systems and infrared cameras. This consolidation will enable the combined entity to offer exclusive high-end imaging products to their B2B clients, by leveraging in-house component production, extensive geographic coverage and cutting-edge technological expertise.
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What Is the Regional Outlook for the Mobile Imaging Services Market?
North America was the largest region in the mobile imaging services market in 2024. The regions covered in the mobile imaging services market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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This Report Delivers Insight On:
1. How big is the mobile imaging services market, and how is it changing globally?
2. Who are the major companies in the mobile imaging services market, and how are they performing?
3. What are the key opportunities and risks in the mobile imaging services market right now?
4. Which products or customer segments are growing the most in the mobile imaging services market?
5. What factors are helping or slowing down the growth of the mobile imaging services market?
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