Diagnostic Imaging Centers Market
Diagnostic Imaging Centers Market Analysis By Type (CT-Scan Centers, Medical Radiological Laboratories, Dental or Medical X-ray Laboratories, Ultrasound Imaging Centers & MRI Centers) and By Region – Global Market Insights 2022 to 2027
Analysis of Diagnostic Imaging Centers market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Diagnostic Imaging Centers Market Outlook (2022 to 2027)
The global diagnostic imaging centers market evolution at a CAGR of 5.2% over the next five years. Currently, the market is valued at US$ 83 billion and is predicted to reach US$ 107 billion by the end of 2027.
Growing incidence of viral outbreaks and increasing investments in healthcare infrastructure development are majorly expected to drive demand for diagnostic imaging centers in China at a high CAGR of around 8% through 2027.
Report Attributes | Details |
---|---|
Market Size (2022) | US$ 83 Billion |
Projected Year Value (2027F) | US$ 107 Billion |
Global Market Growth Rate (2022 to 2027) | 5.2% CAGR |
China Market Value (2027F) | US$ 19 Billion |
United States Market Value (2022) | US$ 22 Billion |
Germany Market Growth Rate (2022 to 2027) | 3.5% CAGR |
Key Companies Profiled | Fujifilm Holdings Corporation; Carestream Health Inc.; General Electric Company; Hitachi Medical Corporation; Siemens; Shimazdu Corporation; SimonMed/Dignity Health; Hologic Inc.; Medical Imaging Corp.; Samsung Medison Co. Ltd.; Touchstone Imaging; Center for Diagnostic Imaging; RadNet Inc.; Koninklijke Philips N.V. |
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Revenue Analysis of Diagnostic Imaging Centers (2017 to 2021) in Comparison to Market Growth Forecasts (2022 to 2027)
The past couple of decades have witnessed a substantial rise in the prevalence of chronic diseases and this has led to an increased demand for diagnostic imaging services.
The world is also witnessing a rise in its aging population, which is more prone to chronic diseases, and hence, this is also expected to favor diagnostic imaging centers market potential over the coming years.
Growing investments in healthcare infrastructure development and rising demand for early diagnostics are also expected to drive market growth. Technological advancements in medical imaging are also projected to play a key role in diagnostic imaging centers market development over the next five years.
This Fact.MR survey predicts the diagnostic imaging centers market to progress at a CAGR of 5.2% from 2022 to 2027.
Increasing patient pool requiring medical diagnostic imaging, a rise in healthcare spending, the establishment of advanced diagnostic centers, and supportive government initiatives are other factors that could drive market potential across the forecast period.
The aforementioned factors are also expected to favor the demand for diagnostic imaging services through 2027. However, the high costs of diagnostic imaging procedures and the absence of a favorable reimbursement structure are anticipated to restrain the overall market growth to a certain extent throughout the forecast period.
Which Factor is Decisively Augmenting Diagnostic Imaging Centers Market Growth?
“Growing Senescent Population across the World”
The aging population across the world is rising at a noticeable pace and this is expected to drive up the demand for diagnostic imaging services as this geriatric population is more prone to chronic illnesses.
The prevalence of age-associated diseases is also expected to increase notably along with other chronic diseases such as cancer, cardiovascular disorders, etc., and these are also expected to drive demand for diagnostic imaging centers over the coming years.
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What Could Hamper Diagnostic Imaging Centers Market Progress?
“Absence of Clarity in Reimbursement Policies for Diagnostic Imaging”
Reimbursement has been a major issue in the healthcare industry and has decisively turned the tide of many healthcare trends and treatments over the past few years.
Reimbursement for medical diagnostic imaging is unclear and many healthcare insurance providers provide coverage for a limited number of diagnostic imaging procedures. This is expected to act as a restraining factor for the diagnostic imaging centers market growth as diagnostic imaging services are expensive in most cases.
How Can New Diagnostic Imaging Centers Make a Mark in This Space?
“Start-ups Can Explore Use of Artificial Intelligence in Diagnostic Imaging”
Technological advancements in medical diagnostic imaging are expected to be the prime area where new market entrants can shine by providing novel and innovative imaging solutions.
Aspiring market players can especially focus on the utilization of artificial intelligence in medical imaging and make a mark in the global diagnostic imaging centers marketplace.
- In August 2022, GE Healthcare and Nex Cubed selected 7 start-ups for the inaugural Edison Accelerator in Canada. 16 Bit, Bot Image, Cardiowise, Contextflow, Corelinesoft, Us2.ai, and Circle Cardiovascular Imaging are the seven companies that will test their technologies with GE over the next three months. Most of these start-ups are utilizing artificial intelligence in some form to optimize medical imaging.
This latest market study of diagnostic imaging centers by analysts at Fact.MR, a market research and competitive intelligence provider, has a detailed assessment of how new entrants and key players are operating in the market and what strategies they could adopt to increase their business potential.
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How Will the Diagnostic Imaging Centers Market Fare Across Regions?
“North America Accounts for Dominant Market Share”
The North America diagnostic imaging centers market currently accounts for a major market share and is projected to maintain a similar stance across the forecast period.
Growth of the diagnostic imaging centers market in this region can be primarily ascribed to the rapid adoption of novel imaging technologies, presence of developed healthcare infrastructure, growing geriatric population, and rising incidence of chronic ailments such as cancer.
The Canadian diagnostic imaging centers market is slated to expand at a CAGR of around 4% through 2027.
The Europe diagnostic imaging centers market is anticipated to be governed by the growing prevalence of chronic diseases and the rising geriatric population. Rapid technological advancements in medical diagnostic imaging and their increasing popularity are also expected to favor diagnostic imaging centers market potential in this region.
Germany is expected to be a prime market in this region and demand for diagnostic imaging centers in this country is predicted to increase at a CAGR of 3.5% over the next five years.
Rising investments in healthcare infrastructure development, the increasing popularity of early diagnostics, and supportive government initiatives are predicted to propel the demand for diagnostic imaging centers in the Asia Pacific region over the next five years.
China, India, and Japan are anticipated to be the most notable markets in this region owing to an increased focus on healthcare and the growing geriatric population in these economies. The Japan diagnostic imaging centers market is estimated to expand at a CAGR of 3% from 2022 to 2027.
Country-wise Insights
Why is Demand for Diagnostic Imaging Centers Increasing across the United States?
“Rising Aging Population & Presence of Developed Healthcare Infrastructure”
The U.S. diagnostic imaging centers market currently holds a prominent market share in the global industry landscape and is expected to maintain a similar stance over the next five years as well. The nation has a developed healthcare infrastructure and high healthcare expenditure, which promotes the demand for medical diagnostic imaging and subsequently favors diagnostic imaging centers market potential.
Increasing incidence and awareness of breast cancer in the country is anticipated to propel the demand for breast cancer diagnostic centers over the coming years.
Growing geriatric population, increasing incidence of chronic diseases such as cancer, rapid adoption of novel imaging technologies, and the presence of key diagnostic imaging center providers are other factors that drive the market in this country.
At present, the diagnostic imaging centers market in the U.S. enjoys a valuation of US$ 22 billion.
Is China a Lucrative Market for Diagnostic Imaging Centers?
“Supportive Government Initiatives & Growing Patient Pool Driving Diagnostic Imaging Demand”
China is known as the most populous country in the world and this makes it a highly lucrative healthcare market. The country has witnessed a noticeable increase in the prevalence of cancer and other chronic diseases over the past few years and this has led to increased demand for diagnostic imaging services in the country.
Rising focus on healthcare, supportive government initiatives to advance healthcare infrastructure, and a growing patient pool are other factors that are expected to favor market potential throughout the forecast period.
The diagnostic imaging centers market in China is slated to evolve at a high CAGR of 8% over the coming years and is anticipated to attain an approximate valuation of US$ 19 billion by the end of 2027.
Category-wise Insights
Which Type of Diagnostic Imaging Will Drive Market Potential Going Forward?
“Computer Tomography (CT-Scan) Centers Slated to Lead Revenue Generation”
The global diagnostic imaging centers market based on product is segmented into computer tomography (CT-Scan) centers, medical radiological laboratories, dental or medical x-ray laboratories, ultrasound imaging centers, and magnetic resonance imaging (MRI) centers.
The popularity of computer tomography has been increasing over the past few years owing to growing awareness of its high accuracy and early results. CT scans are being recommended by medical professionals for the diagnosis and treatment of various diseases such as cancer and this is expected to drive the establishment of computer tomography (CT-Scan) centers over the coming years.
The computer tomography (CT-Scan) centers segment is projected to hold a value of US$ 12 billion by the end of 2027. Demand for medical radiological laboratories is anticipated to increase at a CAGR of around 5.4% over the next five years.
Competitive Landscape
Diagnostic imaging center providers are focusing on expanding their business scope by enhancing their network and providing affordable services to patients to drive their revenue generation capacity.
- In January 2022, UnitedHealthcare, a managed healthcare and insurance provider based in the United States, announced the launch of a new program, which will allow patients to avail low-cost imaging services. Diagnostic centers and hospitals that are in contract with UHC had to submit an online questionnaire to become a Designated Diagnostic Provider.
Key Segments in Diagnostic Imaging Centers Industry Research
-
By Type :
- Computer Tomography (CT-Scan) Centers
- Medical Radiological Laboratories
- Dental or Medical X-ray Laboratories
- Ultrasound Imaging Centers
- Magnetic Resonance Imaging (MRI) Centers
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Outlook, by Region
- 4. Market Trend Analysis, 2022 to 2027
- 5. Global Market Analysis and Forecast, by Type, 2022 to 2027
- 5.1. Computer Tomography (CT-Scan) Centers
- 5.2. Medical Radiological Laboratories
- 5.3. Dental or Medical X-ray Laboratories
- 5.4. Ultrasound Imaging Centers
- 5.5. Magnetic Resonance Imaging (MRI) Centers
- 6. Global Market Analysis and Forecast, by Region, 2022 to 2027
- 6.1. North America
- 6.2. Europe
- 6.3. Asia Pacific
- 6.4. Middle East & Africa
- 6.5. Latin America
- 7. North America Market Analysis and Forecast, 2022 to 2027
- 8. Europe Market Analysis and Forecast, 2022 to 2027
- 9. Asia Pacific Market Analysis and Forecast, 2022 to 2027
- 10. Latin America Market Analysis and Forecast, 2022 to 2027
- 11. Middle East & Africa Market Analysis and Forecast, 2022 to 2027
- 12. Competition Landscape
- 12.1. Fujifilm Holdings Corporation
- 12.2. Carestream Health Inc.
- 12.3. General Electric Company
- 12.4. Hitachi Medical Corporation
- 12.5. Siemens
- 12.6. Shimadzu Corporation
- 12.7. SimonMed/Dignity Health
- 12.8. Hologic Inc.
- 12.9. Medical Imaging Corp.
- 12.10. Samsung Medison Co. Ltd.
- 12.11. Touchstone Imaging
- 12.12. Center for Diagnostic Imaging
- 12.13. RadNet Inc.
- 12.14. Koninklijke Philips N.V.
- 13. Assumptions & Acronyms Used
- 14. Research Methodology
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List Of Table
Table 01: Global Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 02: Global Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 03: Global Market Value (Mn) Analysis, 2022 to 2027
Table 04: Global Market Value (Mn) Analysis, 2022 to 2027
Table 05: Global Market Value (Mn) Forecast, by Region, 2022 to 2027
Table 06: Global Market Value (Mn) Forecast, by Region, 2022 to 2027
Table 07: North America Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 08: North America Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 09: North America Market Value (Mn) Analysis, 2022 to 2027
Table 10: North America Market Value (Mn) Analysis, 2022 to 2027
Table 11: North America Market Value (Mn) Forecast, by Country, 2022 to 2027
Table 12: North America Market Value (Mn) Forecast, by Country, 2022 to 2027
Table 13: U.S. Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 14: U.S. Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 15: U.S. Market Value (Mn) Analysis, 2022 to 2027
Table 16: U.S. Market Value (Mn) Analysis, 2022 to 2027
Table 17: Canada Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 18: Canada Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 19: Canada Market Value (Mn) Analysis, 2022 to 2027
Table 20: Canada Market Value (Mn) Analysis, 2022 to 2027
Table 21: Europe Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 22: Europe Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 23: Europe Market Value (Mn) Analysis, 2022 to 2027
Table 24: Europe Market Value (Mn) Analysis, 2022 to 2027
Table 25: Europe Market Value (Mn) Forecast, by Country and Sub-region, 2022 to 2027
Table 26: Europe Market Value (Mn) Forecast, by Country and Sub-region, 2022 to 2027
Table 27: Germany Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 28: Germany Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 29: Germany Market Value (Mn) Analysis, 2022 to 2027
Table 30: Germany Market Value (Mn) Analysis, 2022 to 2027
Table 31: U.K. Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 32: U.K. Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 33: U.K. Market Value (Mn) Analysis, 2022 to 2027
Table 34: U.K. Market Value (Mn) Analysis, 2022 to 2027
Table 35: France Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 36: France Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 37: France Market Value (Mn) Analysis, 2022 to 2027
Table 38: France Market Value (Mn) Analysis, 2022 to 2027
Table 39: Italy Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 40: Italy Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 41: Italy Market Value (Mn) Analysis, 2022 to 2027
Table 42: Italy Market Value (Mn) Analysis, 2022 to 2027
Table 43: Spain Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 44: Spain Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 45: Spain Market Value (Mn) Analysis, 2022 to 2027
Table 46: Spain Market Value (Mn) Analysis, 2022 to 2027
Table 47: Russia & CIS Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 48: Russia & CIS Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 49: Russia & CIS Market Value (Mn) Analysis, 2022 to 2027
Table 50: Russia & CIS Market Value (Mn) Analysis, 2022 to 2027
Table 51: Rest of Europe Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 52: Rest of Europe Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 53: Rest of Europe Market Value (Mn) Analysis, 2022 to 2027
Table 54: Rest of Europe Market Value (Mn) Analysis, 2022 to 2027
Table 55: Asia Pacific Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 56: Asia Pacific Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 57: Asia Pacific Market Value (Mn) Analysis, 2022 to 2027
Table 58: Asia Pacific Market Value (Mn) Analysis, 2022 to 2027
Table 59: Asia Pacific Market Value (Mn) Forecast, by Country and Sub-region, 2022 to 2027
Table 60: Asia Pacific Market Value (Mn) Forecast, by Country and Sub-region, 2022 to 2027
Table 61: China Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 62: China Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 63: China Market Value (Mn) Analysis, 2022 to 2027
Table 64: China Market Value (Mn) Analysis, 2022 to 2027
Table 65: Japan Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 66: Japan Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 67: Japan Market Value (Mn) Analysis, 2022 to 2027
Table 68: Japan Market Value (Mn) Analysis, 2022 to 2027
Table 69: India Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 70: India Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 71: India Market Value (Mn) Analysis, 2022 to 2027
Table 72: India Market Value (Mn) Analysis, 2022 to 2027
Table 73: ASEAN Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 74: ASEAN Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 75: ASEAN Market Value (Mn) Analysis, 2022 to 2027
Table 76: ASEAN Market Value (Mn) Analysis, 2022 to 2027
Table 77: Rest of Asia Pacific Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 78: Rest of Asia Pacific Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 79: Rest of Asia Pacific Market Value (Mn) Analysis, 2022 to 2027
Table 80: Rest of Asia Pacific Market Value (Mn) Analysis, 2022 to 2027
Table 81: Latin America Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 82: Latin America Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 83: Latin America Market Value (Mn) Analysis, 2022 to 2027
Table 84: Latin America Market Value (Mn) Analysis, 2022 to 2027
Table 85: Latin America Market Value (Mn) Forecast, by Country and Sub-region, 2022 to 2027
Table 86: Latin America Market Value (Mn) Forecast, by Country and Sub-region, 2022 to 2027
Table 87: Brazil Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 88: Brazil Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 89: Brazil Market Value (Mn) Analysis, 2022 to 2027
Table 90: Brazil Market Value (Mn) Analysis, 2022 to 2027
Table 91: Mexico Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 92: Mexico Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 93: Mexico Market Value (Mn) Analysis, 2022 to 2027
Table 94: Mexico Market Value (Mn) Analysis, 2022 to 2027
Table 95: Rest of Latin America Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 96: Rest of Latin America Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 97: Rest of Latin America Market Value (Mn) Analysis, 2022 to 2027
Table 98: Rest of Latin America Market Value (Mn) Analysis, 2022 to 2027
Table 99: Middle East & Africa Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 100: Middle East & Africa Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 101: Middle East & Africa Market Value (Mn) Analysis, 2022 to 2027
Table 102: Middle East & Africa Market Value (Mn) Analysis, 2022 to 2027
Table 103: Middle East & Africa Market Value (Mn) Forecast, by Country and Sub-region, 2022 to 2027
Table 104: Middle East & Africa Market Value (Mn) Forecast, by Country and Sub-region, 2022 to 2027
Table 105: GCC Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 106: GCC Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 107: GCC Market Value (Mn) Analysis, 2022 to 2027
Table 108: GCC Market Value (Mn) Analysis, 2022 to 2027
Table 109: South Africa Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 110: South Africa Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 111: South Africa Market Value (Mn) Analysis, 2022 to 2027
Table 112: South Africa Market Value (Mn) Analysis, 2022 to 2027
Table 113: Rest of Middle East & Africa Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 114: Rest of Middle East & Africa Market Value (Mn) Forecast, by Type, 2022 to 2027
Table 115: Rest of Middle East & Africa Market Value (Mn) Analysis, 2022 to 2027
Table 116: Rest of Middle East & Africa Market Value (Mn) Analysis, 2022 to 2027
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List Of Figures
Figure 01: Global Market Price Trend, by Region, 2022 to 2027 (US$/Ton)
Figure 02: Global Market Value Share, by Type, 2022 and 2027
Figure 03: Global Market Attractiveness, by Type
Figure 04: Global Market Value Share, Analysis, 2022 and 2027
Figure 05: Global Market Attractiveness, Analysis
Figure 06: Global Market Value Share, by Region, 2022 and 2027
Figure 07: Global Market Attractiveness, by Region
Figure 08: North America Market Value Share, by Type, 2022 and 2027
Figure 09: North America Market Attractiveness, by Type
Figure 10: North America Market Value Share, Analysis, 2022 and 2027
Figure 11: North America Market Attractiveness, Analysis
Figure 12: North America Market Value Share, by Country, 2022 and 2027
Figure 13: North America Market Attractiveness, by Country
Figure 14: Europe Market Value Share, by Type, 2022 and 2027
Figure 15: Europe Market Attractiveness, by Type
Figure 16: Europe Market Value Share, Analysis, 2022 and 2027
Figure 17: Europe Market Attractiveness, Analysis
Figure 18: Europe Market Value Share, by Country and Sub-region, 2022 and 2027
Figure 19: Europe Market Attractiveness, by Country and Sub-region
Figure 20: Asia Pacific Market Value Share, by Type, 2022 and 2027
Figure 21: Asia Pacific Market Attractiveness, by Type
Figure 22: Asia Pacific Market Value Share, Analysis, 2022 and 2027
Figure 23: Asia Pacific Market Attractiveness, Analysis
Figure 24: Asia Pacific Market Value Share, by Country and Sub-region, 2022 and 2027
Figure 25: Asia Pacific Market Attractiveness, by Country and Sub-region
Figure 26: Latin America Market Value Share, by Type, 2022 and 2027
Figure 27: Latin America Market Attractiveness, by Type
Figure 28: Latin America Market Value Share, Analysis, 2022 and 2027
Figure 29: Latin America Market Attractiveness, Analysis
Figure 30: Latin America Market Value Share, by Country and Sub-region, 2022 and 2027
Figure 31: Latin America Market Attractiveness, by Country and Sub-region
Figure 32: Middle East & Africa Market Value Share, by Type, 2022 and 2027
Figure 33: Middle East & Africa Market Attractiveness, by Type
Figure 34: Middle East & Africa Market Value Share, Analysis, 2022 and 2027
Figure 35: Middle East & Africa Market Attractiveness, Analysis
Figure 36: Middle East & Africa Market Value Share, by Country and Sub-region, 2022 and 2027
Figure 37: Middle East & Africa Market Attractiveness, by Country and Sub-region
Figure 38: Global Market Share Analysis, by Company, 2021
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the diagnostic imaging centers market at present?
In 2022, worldwide sales from diagnostic imaging centers account for US$ 83 billion.
What is the projected diagnostic imaging centers market value for 2027?
By 2027, the global diagnostic imaging centers market is expected to reach US$ 107 billion.
How fast will demand for diagnostic imaging centers rise over the next five years?
From 2022 to 2027, revenue from diagnostic imaging centers is set to increase at 5.2% CAGR.
How big will the China diagnostic imaging centers market be by 2027?
The diagnostic imaging centers market in China is expected to progress at a high CAGR of 8% and reach US$ 19 billion by 2027.
Which companies are profiled in this Fact.MR survey?
Prime market players are Fujifilm Holdings Corporation, Carestream Health Inc., General Electric Company, Hitachi Medical Corporation, Siemens, Shimazdu Corporation, SimonMed/Dignity Health, and Hologic Inc.
At what pace will the market evolve in Japan?
From 2022 to 2027, the Japan diagnostic imaging centers market is expected to rise at a CAGR of 3%.