According to the report, the global mobile imaging market generated $29.38 billion in 2020, and is estimated to reach $53.84 billion by 2030, witnessing a CAGR of 6.5% from 2021 to 2030. The study analyzes the important strategies, drivers, competition, market dynamics, size, and important investment regions.
Key Takeaways:
The X-ray segment to maintain its leadership position during the forecast period.
The hospital & clinic segment to maintain its dominance during the forecast period
North America to continue its lead in terms of revenue by 2030.
Drivers, restraints, and opportunities
Rise in prevalence of chronic diseases, increase in awareness toward early diagnosis of diseases, and strategic collaborations and acquisitions drive the growth of the global mobile imaging market. However, high maintenance costs and shortage of skilled radiologists restrain the market growth. On the other hand, developments in digital radiology present new opportunities in the coming years.
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Mobile Imaging Market Segments
The X-ray segment to maintain its leadership position during the forecast period
Based on service type, the X-ray segment held the largest share in 2020, accounting for nearly one-third of the global mobile imaging market, and is expected to maintain its leadership position during the forecast period. This is due to demand for mobile X-ray systems, rise in the number of hospitals and diagnostic centers, advancements in digital technology, lower prices as compared to other modalities, and rise in incidence of injuries and diseases. However, the mammography segment is estimated to portray the fastest CAGR of 9.3% from 2021 to 2030, owing to surge in prevalence of breast cancer among the female population.
The hospital & clinic segment to maintain its dominance during the forecast period
Based on facility, the hospital & clinic segment contributed to the highest share in 2020, holding nearly three-fifths of the global mobile imaging market, and is projected to maintain its dominance during the forecast period. This is due to increase in adoption as they help in saving space and reduces the investment for infrastructure. However, the home healthcare segment is expected to witness the highest CAGR of 7.4% from 2021 to 2030. This is attributed to features such as security and comfort, acceptance from the patients, reduced waiting time and elimination of hospital trips, and cost-efficient services.
North America to continue its lead in terms of revenue by 2030
Based on region, North America accounted for the highest market share in 2020, contributing to around two-fifths of the global mobile imaging market, and is estimated to continue its lead in terms of revenue by 2030. This is due to technological advancements, surge in demand for digitization in healthcare organizations, and increase in awareness about mobile imaging technologies in the diagnosis of various diseases. However, Asia-Pacific is expected to manifest the largest CAGR of 8.1% from 2021 to 2030. This is attributed to enhanced healthcare infrastructure, prevalence of chronic diseases, well-established presence of domestic companies, and increase in the aging population in the region.
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Leading market players
- 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
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the market analysis from 2021 to 2031 to identify the prevailing market Opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global trends, key players, market segments, application areas, and market growth strategies.
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