The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s radiology services market report forecasts the radiology services market size to grow to $10.31 Billion by 2027, with a CAGR (compound annual growth rate) of more than 11%.

Learn More On The Radiology Services Market Report 2023 – https://www.thebusinessresearchcompany.com/report/radiology-services-global-market-report

Radiology Services Market Size Forecast
The global radiology services market is expected to grow from $5.90 billion in 2022 to $6.62 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global radiology services market size is expected to grow to $10.31 billion in 2027 at a CAGR of 11.7%.

North America held the largest radiology services market share.

Key Radiology Services Market Driver ­– Growth In The Prevalence Of Age-Associated Diseases
According to the Alzheimer’s Association, a non-profit organisation based in the United States dedicated to increasing Alzheimer’s disease treatment and awareness, more than 6 million US citizens will be affected by the disease by 2022, with the number expected to rise to 13 million by 2050. Alzheimer’s disease or another form of dementia kills one out of every three senior individuals. Alzheimer’s disease will cost $321 billion in 2022, and it is estimated to cost $1 trillion by 2050. As a result, the rising prevalence of age-related diseases is propelling the radiology services market ahead.

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Key Radiology Services Market Trend – Product Innovations
To maintain their market position, major market players are introducing novel items. For example, Sirona Medical, a US-based software business, will debut its cloud radiology operating system, RadOS, in December 2021. The new platform, which is powered by artificial intelligence, simplifies radiologists’ workflow while also improving user experience and efficiency.

Radiology Services Market Segment
1) By Type: Stationary Digital Radiology Systems, Portable Digital Radiology Systems
2) By Procedure: Conventional, Digital
3) By Patient Age: Adults, Pediatric
4) By Application: Cardiovascular Imaging, Chest Imaging, Dental Imaging, Mammography Imaging, Orthopedic Imaging
5) By End User: Hospitals, Ambulatory Centers, Diagnostic Centers, Clinics, Other End Users

Radiology Services Market Major Players and Strategies
Major players in the radiology services market are Radisphere Radiology, Cybernet Manufacturing Inc., GE Healthcare, TeleDiagnostic Solutions Pvt. Ltd., 4ways Healthcare Limited, Medica Reporting Ltd., Koninklijke Philips N.V., Onrad Inc., Aspect Imaging Ltd., Bruker Corporation, Aurora Healthcare US Corp., FONAR Corporation, ESAOTE SPA, Neusoft Corporation, Toshiba Corporation, FUJIFILM Holdings Corporation, ONEX Corporation, and Hologic Inc.

IMEXHS Limited, an image software as a service and ancillary service provider based in Australia, paid $5.7 million (A$ 8.5 million) for RIMAB SAS in October 2021. The acquisition expands IMEXHS’s product offerings in imaging and teleradiology services and serves as a testbed for AI-based product development. RIMAB is a radiology services company situated in Columbia.

The Radiology Services Global Market Report 2023 covers regional data on radiology services market size, radiology services market trends and drivers, opportunities, strategies, and radiology services market competitor analysis. The countries covered in the radiology services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Radiology is a branch of medicine that uses imaging technology such as x-rays to identify and treat diseases. Diagnostic and therapeutic radiology services are available. Radiologists are medical specialists who specialise in medical imaging (radiology) methods (examinations and tests). It also contains a variety of tools and strategies for recognising, investigating, and treating problems.

View More Reports Related To The Radiology Services Market –
Services Global Market Report 2023
Radiology As A Service Global Market Report 2023
Interventional Radiology Global Market Report 2023

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