Market Segmentation
The growing prevalence of cancer and cardiovascular diseases is expected to drive the need for medical imaging services. Medical imaging helps in early and accurate diagnosis of diseases, which helps in providing effective disease treatment. According to the National Cancer Institute at NIH, in 2018, around 1,735,350 new cases of cancer were diagnosed in the U.S. Therefore, to control the growing disease burden, a large number of medical professionals are using medical imaging devices in imaging services before performing surgeries. Medical professionals rely on preoperative MRI and CT scans in imaging services to visualize and determine the margins of tumors during surgeries. The burden of cardiovascular diseases is increasing, which is expected to drive the demand for medical imaging services. A large number of people die due to heart diseases in the U.S. According to the CDC, around 655,000 people in the U.S. die each year due to cardiovascular diseases. Coronary artery disease and heart attack are the most common heart problems in the U.S.
Imaging centers are medical facilities dedicated to performing imaging services. These centers use advanced techniques and high-tech equipment to produce accurate & clear images of bones, arteries, organs, blood vessels, nervous system, and soft tissues. High-definition images provide exact information that allows doctors or healthcare professionals to precisely diagnose variety of conditions. This helps doctors recommend effective and appropriate treatments. Imaging services can be performed on children & adults and can be done in several different ways. Imaging centers offer MRI, CT scan, nuclear medicine, & ultrasound systems for treatment and diagnosis of several diseases. Outpatient imaging center offers services in several suitable locations making them easily accessible. Moreover, such centers also have extended hours of operation to enable convenient and faster appointments. Furthermore, outpatient centers often have smaller, more connected staff teams, who can offer personalized care to patients. Thus, increasing preference toward outpatient imaging settings is likely to fuel the imaging services market.
Innovation and R&D result in an increase in the cost of MRI systems. Some states of the U.S. may face challenges in adopting MRI systems owing to low disposable income, high costs of products, and the presence of limited facilities & resources. The high cost of MRI systems prevents patients from gaining access because it increases their healthcare expenditure. Thus, despite the availability of these devices, the high cost may prevent their installation, and limit sales.
This section will provide insights into the contents included in this U.S. imaging services market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance