Market Overview:
The global independent diagnostic imaging center market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for diagnostic imaging services, technological advancements in the field of diagnostic imaging, and rising prevalence of chronic diseases. Based on type, the global independent diagnostic imaging center market is segmented into with equipment (heavy asset mode) and virtual image center (light asset mode). The with equipment segment accounted for the majority share of the global independent diagnostic imaging center market in 2017 and is projected to grow at a CAGR of 6.8% during the forecast period. This growth can be attributed to factors such as growing demand for advanced medical technologies and rising number of cancer patients worldwide. However, this segment faces competition from virtual image centers due to their low cost structure and easy scalability across geographies. Based on application, the global independent diagnostic imaging center market is divided into public hospital, private hospital, health service center, and others (including research institutes & universities). In 2017, public hospitals accounted for a major share of the overall market owing to government initiatives aimed at providing affordable healthcare services across regions.
Product Definition:
An independent diagnostic imaging center is a facility that provides diagnostic imaging services without affiliation with any other healthcare provider. The importance of an independent diagnostic imaging center is that it can provide impartial, unbiased evaluations of patients' conditions. This can be important for both patients and physicians in making treatment decisions.
With Equipment (Heavy Asset Mode):
With equipment (Heavy Asset Mode) is used in the imaging of machines, fixed installation and other movable assets. It helps to identify problems at a preliminary stage so that they can be rectified before they cause any major damage. With heavy asset mode equipment; there is an increase in the level of diagnostic precision which further helps to fix problems at their initial stages and avoid costly repairs later on.
Virtual Image Center (Light Asset Mode):
Virtual Image Center (VIC) is a software platform that provides various tools and features to the radiologists for efficient management of imaging studies. It also helps in improving workflow, enhancing image quality, reducing reporting time & medical billing costs along with increasing diagnostic accuracy.
The independent dianostic imaging centers are currently facing challenges such as lack of skilled professionals & expensive equipment which makes it difficult for these centers to operate profitably.
Application Insights:
The public hospital segment dominated the global independent dianostic imaging center market in 2017. This can be attributed to factors such as an increase in the number of hospitals, rise in healthcare spending and government initiatives for improving healthcare infrastructure. For instance, according to WHO, there are approximately 1.7 billion people who remain unmet medical needs and lack access to diagnostic facilities globally which is expected to boost demand for dianostic imaging centers over the forecast period.
Health service center accounted for a significant share of revenue due to factors such as rising incidences of chronic diseases coupled with increasing awareness about early diagnosis among consumers are anticipated drive growth over the forecast period (2017 To 2030). In addition, key players have been focusing on providing advanced diagnostics solutions at affordable prices through partnerships with local manufacturers thereby driving growth across various regions (North America, Europe and Asia Pacific) during recent years (late 2016 - early 2017).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of diagnostic imaging centers, high patient awareness levels coupled with relatively higher healthcare expenditure in this region as compared to other regions. The Asia Pacific is expected to grow at a lucrative CAGR over the forecast period owing to increasing government initiatives for improving healthcare infrastructure and rising demand for advanced diagnostic services especially in developing countries such as India and China. Moreover, economic development coupled with growing disposable income will also boost growth over the forecast period.
Diagnostic imaging centers are expensive machines that require maintenance & repair service by professionals skilled enough for proper installation & adjustment which adds up cost every year; hence affecting its profitability margins adversely.
Growth Factors:
- Increasing demand for early diagnosis and treatment: The increasing incidence of various diseases is driving the demand for early diagnosis and treatment. This is benefiting the independent diagnostic imaging center market as these centers offer advanced diagnostic imaging technologies that help in the early detection of diseases.
- Growing awareness about preventive healthcare: There is a growing awareness among people about preventive healthcare, which is benefiting the independent diagnostic imaging center market. These centers offer advanced screening and diagnostic services that help in detecting health risks at an early stage and preventing them from becoming serious problems later on.
- Rising number of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, and diabetes is rising globally, which is fueling the demand for advanced diagnostics services. Independent diagnostic imaging centers are well-equipped to handle such complex cases with their latest technologies and skilled professionals.
Scope Of The Report
Report Attributes
Report Details
Report Title
Independent Dianostic Imaging Center Market Research Report
By Type
With Equipment (Heavy Asset Mode), Virtual Image Center (Light Asset Mode)
By Application
Public Hospital, Private Hospital, Health Service Center
By Companies
Rimag, Universal Medical Imaging, Pingan Health Cloud Company, Wingspan Medical Group, Campo Imaging, Clermont Radiology, Green Imaging, Center For Diagnostic Imaging, Healius, EnVision Medical Imaging, US MRI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Independent Dianostic Imaging Center Market Report Segments:
The global Independent Dianostic Imaging Center market is segmented on the basis of:
Types
With Equipment (Heavy Asset Mode), Virtual Image Center (Light Asset Mode)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Public Hospital, Private Hospital, Health Service Center
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rimag
- Universal Medical Imaging
- Pingan Health Cloud Company
- Wingspan Medical Group
- Campo Imaging
- Clermont Radiology
- Green Imaging
- Center For Diagnostic Imaging
- Healius
- EnVision Medical Imaging
- US MRI
Highlights of The Independent Dianostic Imaging Center Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- With Equipment (Heavy Asset Mode)
- Virtual Image Center (Light Asset Mode)
- By Application:
- Public Hospital
- Private Hospital
- Health Service Center
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Independent Dianostic Imaging Center Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An Independent Dianostic Imaging Center is a medical facility that provides diagnostic imaging services without the involvement of a hospital. These facilities typically offer more comprehensive services than traditional hospitals, including radiology, ultrasound, and MRI. They may also offer specialized services such as pediatric imaging or cardiac imaging.
Some of the key players operating in the independent dianostic imaging center market are Rimag, Universal Medical Imaging, Pingan Health Cloud Company, Wingspan Medical Group, Campo Imaging, Clermont Radiology, Green Imaging, Center For Diagnostic Imaging, Healius, EnVision Medical Imaging, US MRI.
The independent dianostic imaging center market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Independent Dianostic Imaging Center Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Independent Dianostic Imaging Center Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Independent Dianostic Imaging Center Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Independent Dianostic Imaging Center Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Independent Dianostic Imaging Center Market Size & Forecast, 2018-2028
4.5.1 Independent Dianostic Imaging Center Market Size and Y-o-Y Growth
4.5.2 Independent Dianostic Imaging Center Market Absolute $ Opportunity
Chapter 5 Global Independent Dianostic Imaging Center Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Independent Dianostic Imaging Center Market Size Forecast by Type
5.2.1 With Equipment (Heavy Asset Mode)
5.2.2 Virtual Image Center (Light Asset Mode)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Independent Dianostic Imaging Center Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Independent Dianostic Imaging Center Market Size Forecast by Applications
6.2.1 Public Hospital
6.2.2 Private Hospital
6.2.3 Health Service Center
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Independent Dianostic Imaging Center Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Independent Dianostic Imaging Center Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Independent Dianostic Imaging Center Analysis and Forecast
9.1 Introduction
9.2 North America Independent Dianostic Imaging Center Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Independent Dianostic Imaging Center Market Size Forecast by Type
9.6.1 With Equipment (Heavy Asset Mode)
9.6.2 Virtual Image Center (Light Asset Mode)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Independent Dianostic Imaging Center Market Size Forecast by Applications
9.10.1 Public Hospital
9.10.2 Private Hospital
9.10.3 Health Service Center
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Independent Dianostic Imaging Center Analysis and Forecast
10.1 Introduction
10.2 Europe Independent Dianostic Imaging Center Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Independent Dianostic Imaging Center Market Size Forecast by Type
10.6.1 With Equipment (Heavy Asset Mode)
10.6.2 Virtual Image Center (Light Asset Mode)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Independent Dianostic Imaging Center Market Size Forecast by Applications
10.10.1 Public Hospital
10.10.2 Private Hospital
10.10.3 Health Service Center
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Independent Dianostic Imaging Center Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Independent Dianostic Imaging Center Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Independent Dianostic Imaging Center Market Size Forecast by Type
11.6.1 With Equipment (Heavy Asset Mode)
11.6.2 Virtual Image Center (Light Asset Mode)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Independent Dianostic Imaging Center Market Size Forecast by Applications
11.10.1 Public Hospital
11.10.2 Private Hospital
11.10.3 Health Service Center
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Independent Dianostic Imaging Center Analysis and Forecast
12.1 Introduction
12.2 Latin America Independent Dianostic Imaging Center Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Independent Dianostic Imaging Center Market Size Forecast by Type
12.6.1 With Equipment (Heavy Asset Mode)
12.6.2 Virtual Image Center (Light Asset Mode)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Independent Dianostic Imaging Center Market Size Forecast by Applications
12.10.1 Public Hospital
12.10.2 Private Hospital
12.10.3 Health Service Center
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Independent Dianostic Imaging Center Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Independent Dianostic Imaging Center Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Independent Dianostic Imaging Center Market Size Forecast by Type
13.6.1 With Equipment (Heavy Asset Mode)
13.6.2 Virtual Image Center (Light Asset Mode)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Independent Dianostic Imaging Center Market Size Forecast by Applications
13.10.1 Public Hospital
13.10.2 Private Hospital
13.10.3 Health Service Center
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Independent Dianostic Imaging Center Market: Competitive Dashboard
14.2 Global Independent Dianostic Imaging Center Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rimag
14.3.2 Universal Medical Imaging
14.3.3 Pingan Health Cloud Company
14.3.4 Wingspan Medical Group
14.3.5 Campo Imaging
14.3.6 Clermont Radiology
14.3.7 Green Imaging
14.3.8 Center For Diagnostic Imaging
14.3.9 Healius
14.3.10 EnVision Medical Imaging
14.3.11 US MRI
