Mobile Imaging Services Market

Global Mobile Imaging Services Market Outlook

The mobile imaging services market is predicted to grow at a steady CAGR of 3.9% during the projected period of 2022 to 2032. The mobile imaging services market share is estimated to be worth more than US$ 2.7 Billion by 2032, increasing from US$ 1.8 Billion in 2021.

Attributes	Details
Mobile Imaging Services Market Size (2021)	US$ 1.8 Billion
Mobile Imaging Services Market Value (2022)	US$ 1.9 Billion
Mobile Imaging Services Market Value (2032)	US$ 2.7 Billion
Mobile Imaging Services Market Growth Rate (2022 to 2032)	3.9%
Mobile Imaging Services Market Key Players	Cobalt Health; Digirad Corporation; FRONT RANGE MOBILE IMAGING; Alliance HealthCare Services; TridentUSA Health Services

The convenience and cost-effectiveness of this service compared to traditional imaging equipment is likely to boost the mobile imaging services market expansion in the coming years.

In addition, the increase in chronic illness incidence can be linked to people living longer lives, increased alcohol intake, bad eating habits, smoking, and a sedentary lifestyle, rising the demand for mobile imaging services.

Global Mobile Imaging Services Market Historical Analysis (2015 to 2021) Vs. Forecast Outlook (2022 to 2032)

According to the new market research report on the mobile imaging services market released by Fact.MR, the mobile imaging services market growth, is predicted to drop marginally from 2022 to 2032.

During the previous analysis period of 2015 to 2021, the mobile imaging services market share saw a net worth of US$ 1.8 Bn in 2021, with a year-on-year growth rate of 3.2%. The impact of COVID-19 could cripple the strength of the mobile imaging services market.

Increased adoption of mobile imaging services during the COVID-19 pandemic has substantially impacted the mobile imaging market opportunities.

During the early phases of the COVID-19 pandemic, researchers looked at the influence of increasing use of mobile X-ray units, mobile imaging of non-routine body regions, and radiographer work practice adjustments on staff radiation exposure. As a result, the mobile imaging services market outlook has a high potential during the pandemic. It is likely to be driven by an increase in the deployment of mobile imaging services.

During the projected period, the significant increase in reliance on portable or mobile chest X-ray machines to check COVID-19 patients with pulmonary symptoms, such as shortness of breath and chest discomfort, may aid the mobile imaging services market statistics.

What are the Different Market Dynamics Driving the Global Mobile Imaging Services Market?

“Favorable government initiatives and increased adoption of imaging technology to detect and monitor ailment severity is accelerating the mobile imaging services market growth.”

Mobile imaging services market trends, such as remote data storage, are now possible owing to technology breakthroughs that combine informatics and modern imaging techniques, making it much easier for healthcare workers to follow and trace patient history, expanding the mobile imaging services market key trends and opportunities.

The rise in cases of chronic diseases, such as cancer, neurological disorders, and cardiovascular diseases, is driving the growth of the global mobile imaging services market, due to the increased alcohol consumption, smoking, and sedentary lifestyles, unhealthy eating habits, as well as increased awareness of disease early detection.

What are the Opportunities in the Mobile Imaging Services Market?

Mobile imaging services market trends are becoming increasingly important in medicine due to their applications in the fields of neurology, cardiology, and women's health. This puts a greater strain on service providers that are reliant on fixed imaging modalities, necessitating the development of mobile medical imaging services.

Furthermore, as the number of screening operations conducted increases, smaller hospitals and private clinics are finding it increasingly difficult to finance the costly imaging equipment, since their patient loads do not justify the expenses of a permanent unit. As a result, demand for mobile imaging services expanded.

The adoption of mobile imaging services overcomes the disadvantages of permanent imaging equipment, such as the initial capital expenditure required for installation and the difficulty of removing the equipment once placed. The decrease in the waiting list and easy accessibility are two more major aspects contributing to the increase in demand for mobile imaging services.

Mobile imaging services market analysis stated that it can be shared between different healthcare facilities and can allow for unit transfer based on a defined schedule or patient load at each one. The facilities will profit from enhanced patient care and income linked with the unit as a result of this.

What Impedes the Growth of the Mobile Imaging Services Market?

“The inability to move mobile imaging units between different sites due to the need for re-configuration of the modalities is predicted to stifle the mobile imaging services market's growth.”

Due to the challenges that the mobile imaging services market must withstand when moving the trailer/vehicle/van, such as vibration, torque, shock, lateral and vertical movements, equipment maintenance is critical. This needs more regular quality assurance checks.

Some of the primary factors constraining the mobile imaging services market growth include transportation costs, gasoline, insurance, and mileage, which are not related to a fixed site, increased downtime for site travel, and higher claustrophobia occurrences associated with limited interior space.

Summer and winter temperatures might impact the operability of imaging systems, causing scans to be delayed. Furthermore, issues with wireless connectivity may obstruct the mobile medical imaging services market.

Additionally, as a result of these limits, there has been an increase in the deployment of portable and remanufactured mobile imaging services, which has further hampered the process.

Region-wise Outlook

What is the Mobile Imaging Services Market Outlook for the US?

The most developed market is North America, followed by Europe. The US is leading the mobile imaging services market with the expected CAGR of 3.6% during the forecast period. Remote patient monitoring and telehealth services are growing at an exponential rate, leading to the expansion of these businesses.

According to mobile imaging services market analysis, these services are frequently used in the country due to the benefits they provide, such as cost and space savings. Furthermore, these services provide convenience by effectively minimizing patient wait times. This has increased its popularity in the North America region.

What is the Mobile Imaging Services Market Outlook for Asia Pacific?

Due to improvements in healthcare infrastructure, an increase in the prevalence of chronic diseases, a rise in disposable incomes, a well-established presence of domestic companies, and an increase in the geriatric population, Asia-Pacific presents profitable opportunities for mobile imaging services market.

Furthermore, the growing economies of developing countries such as India and China are likely to promote the expansion of Asia's mobile imaging services market. China is expected to reach US$ 196.4 million, with a CAGR of 3.2% by 2032.

Moreover, the expansion of government initiatives to boost the number of community health and oncology facilities in developing countries like Japan is likely to broaden the demand for mobile imaging services. Japan is projected to reach US$ 158.4 million, with a CAGR of 2.3% during the forecast period.

What is the Mobile Imaging Services Market Outlook for Europe?

Government organizations in the United Kingdom are focusing on improving diagnostic services during the COVID-19 pandemic, which is projected to have a CAGR of 2.4% through 2032. For example, the National Health Service joined with private sector diagnostics firms in April 2020 to improve the supply of scanners and skilled radiographers for the detection of persons suspected of having COVID-19 infection.

Category-wise Outlook

What is the Growth Outlook for the Mobile Imaging Services Market according to Different Segments?

Based on the product, MRI is the largest segment, with an expected CAGR of 3.8% during the forecast period.

Increased incidences of brain injuries and multiple sclerosis, as well as technological developments in the sector, have propelled the MRI segment in the mobile imaging services market. Some of the organizations that provide MRI imaging services include Shared Medical Services, Cobalt Health, and Front Range Mobile Imaging.

The other section, which includes bone densitometers and stereotactic breast biopsy equipment, is predicted to develop at the quickest rate throughout the projection period. The category is predicted to develop in response to the rising incidence of osteoporosis and the growing senior population.

Cost reductions, the inclusion of new service lines, increased income, and physician acceptance are all expected to drive the demand for mobile imaging services throughout the projection period. These services help doctors diagnose ailments like osteoporosis, arthritis, pneumonia, and heart problems.

Which End User has the Highest Potential in the Mobile Imaging Services Market?

Hospitals and private clinics accounted for the majority of revenue and are anticipated to have a CAGR of 3.7% through 2032. Mobile imaging services are quickly being adopted by hospitals and private clinics, since they save space and so reduce the initial expenditure necessary for infrastructure.

Furthermore, portable machines aid clinicians in acquiring scans on the spot and determining the best treatment plan. The need for these services in palliative care, sports rehabilitation clinics, and geriatric care centers is likely to increase in the near future as the patient pool grows.

This is due to a rise in the adoption of mobile imaging services by hospitals and clinics, which help to save space and hence lower the initial expenditure necessary for infrastructure.

What is the Competitive Outlook in the Mobile Imaging Services Market?

Cobalt Health, Digirad Corporation, Front Range Mobile Imaging, Alliance Healthcare Services, Tridentusa Health Services are some major key players in the mobile imaging services market. It is expected from the legacy players to accelerate efforts to gain additional mobile imaging services market share through mergers, acquisitions, and alliances with the right injection of funds.

Both industry players and investors have been active in the investment activities that have provided impetus for software advancements, improving the mobile imaging services market statistics.

What are the Recent Developments in the Field of Mobile Imaging Services Market?

• In July 2019, Atlantic Medical Imaging purchased the Center for Diagnostic Imaging, a New Jersey-based owner of two American College of Radiology-accredited imaging centers.
• For example, in August 2018, Alliance HealthCare Services, Inc. collaborated with Northeast Radiology, and the latter became a division of Alliance HealthCare.
• TridentCare, a leading provider of portable diagnostic services, announced a new cooperation with American TelePhysicians in April 2022 to deliver mobile X-ray and ultrasound services across the United States.
• InHealth was named a finalist in the HSJ Partnership Awards 2022 for the category of "Best Healthcare Provider Partnership with the National Health Service" in January 2022.
• Alliance HealthCare Services stated in May 2017 that it has signed a contract with Red Rocks Radiation and Oncology, LLC. Alliance HealthCare expects this relationship will assist them in providing the finest clinical quality and patient experience to the community, while also expanding their product offering.

Key segments

• By Product Type :

  • X-Ray
  • CT
  • Ultrasound
  • MRI
  • Mammography
  • Nuclear Imaging
  • Others

• By End User :

  • Hospitals & Private Clinics
  • Home Healthcare
  • Others

• By Region :

  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • Latin America