The presence of a relatively lower pool of service providers points towards a moderate competitive environment in the global mobile imaging services market, finds a report by Transparency Market Research (TMR). The leading players in this market, such as Alliance Healthcare Services, Center for Diagnostic Imaging, Cobalt Imaging Center, InHealth Group Ltd., and Interim Diagnostic Imaging Inc., have begun to engage in strategic partnerships with end users such as hospitals and laboratories in a bid to increase their visibility. This, in turn, is expected to intensify the competition between service providers looking to seize a greater market share.
Front Range Mobile Imaging Inc., Advanced Healthcare Services, Jacksonville Mobile Imaging Services Inc., Imaging On-site Inc., and DMS Healthcare Technologies are some of the other significant mobile imaging service providers across the world.
Mounting Burden on Imaging Service Providers Creates Need for Mobile Imaging Services
With their rising application in the field of cardiology, neurology, and in gynecological disorders, the importance of medical imaging systems has been steadily growing across the world. This has resulted in the mounting burden on service providers, who, up till now, are dependent on their fixed imaging modalities. As a result, an extensive need for the mobile medical imaging systems is being witnessed globally. Furthermore, with the soaring number of screening procedures to be performed, the need for technically advanced imaging equipment is rising considerably. Smaller hospitals and private clinics are finding it tough to afford advanced imaging equipment due to their high costs.
“In the current scenario, mobile imaging services have emerged as a more reasonable option for service providers, as mobile imaging modalities save the initial capital incurred in the installation of medical imaging systems,” says an analyst at TMR. Other advantages of mobile imaging systems, such as easy access to diagnostic procedures and a considerable decrease in waiting time, are also boosting the demand for mobile imaging services across the world.
Frequent Need for Maintenance of Mobile Imaging Systems to Hamper Adoption
Even with so many benefits, mobile imaging services face quite a few hindrances in their adoption at length. As mobile imaging modalities have to undergo a number of hassles such as vibration, torque, shock, and lateral and vertical movements in the vehicle, they require frequent maintenance and check on quality assurance. Apart from this, these modalities also incur several, expenses such as transportation costs, insurance, fuel, and mileage, which is not a case with fixed modalities. All these factors discourage imaging service provider to adopt the mobile version of imaging services.
Besides, the market for mobile imaging services is also expected to be hampered by wireless connectivity problems and the extreme temperatures in summer and winter that affect the efficacy of imaging systems, leading to delayed screenings.
Opportunity in Global Mobile Imaging Services Market to Reach US$13.3 bn by 2020
According to TMR, the opportunity in the worldwide market for mobile services was worth US$10.7 bn in 2013. Rising at a CAGR of 3.20% during the period from 2014 to 2020, it is expected to reach US$13.3 bn by the end of the forecast period.
Currently, North America has a monopoly on the global market for mobile imaging services with a share of nearly 95%. Analysts expect it to remain dominant throughout the forecast period. Similarly, hospitals are likely to remain the key end users of mobile imaging services and magnetic resonance imaging (MRI) will continue to witness the strongest demand among all types of mobile imaging services over the next few years, states the report.
The study presented here is based on a report by Transparency Market Research (TMR) titled “Mobile Imaging Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”
The global mobile imaging services market is segmented as follows:
- Magnetic Resonance Imaging
- Computed Tomography
- Positron Emission Tomography/ Computed Tomography
- Bone Densitometry
By End Users
- Hospitals and Private Clinics
- Home Healthcare Service Providers
- Rehabilitation Centers, Geriatric Care and Hospice Agencies
- Sports Organizations
- Others (Military Institutions, Prisons)
- North America
- Asia Pacific
- Rest of the World
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