The Diagnostic Imaging Services Global Market Report 2023 by The Business Research Company, provides diagnostic imaging services market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Diagnostic Imaging Services Global Market Report 2023, the market size is expected to grow from$494.30 billion in 2022 to $517.63 billion in 2023 at a compound annual growth rate (CAGR) of 4.72%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The diagnostic imaging services market size is expected to reach $646.73 billion in 2027 at a CAGR of 5.72%.
The rise in incidents of chronic illness across the globe is expected to contribute to the growth of the diagnostic imaging services market going forward. Diagnostic imaging services such as ultrasound, fluoroscopy or nuclear medicine, radiographs, and CT scans are used to view the inside the body to diagnose various non-communicable or chronic diseases.
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The diagnostic imaging services market is segmented:
1) By Type: X-Ray Imaging, Ultrasound, Magnetic Resource Imaging, Computed Tomography, Nuclear Imaging, Mammography
2) By Application: Cardiology, Gynecology/OBS, Orthopedics And Musculoskeletal, Oncology, Neurology And Spine, General Imaging
3) By End User: Hospitals, Diagnostic Imaging Centers, Ambulatory Imaging Centers, Other End Users
Adoption of artificial intelligence is a key trend in the diagnostic imaging services market. The players in the diagnostic imaging services market are focusing on the adoption of artificial intelligence and the use of blockchain technology to revolutionize diagnostic imaging. Artificial intelligence, or AI, is the emulation of human intelligence by machines to perform tasks that call for humans specifically. Companies in the market are using artificial intelligence to improve diagnostic imaging services. For example, in November 2021, Royal Philips, a US-based company engaged in health technology, launched new AI-enabled innovations in MR imaging. Philips’ new MR portfolio of intelligent integrated solutions is designed to streamline workflows, speed up MR exams, help ensure the sustainability and efficiency of radiology operations and optimize diagnostic quality. Similarly, in December 2021, Medo, a Canada-based company engaged in using artificial intelligence (AI), entered into a partnership with Medical Imaging Consultants (MIC), a Canada-based radiology company, to improve diagnostic imaging services.
The diagnostic imaging services market report table of contents includes:
1. Executive Summary
2. Diagnostic Imaging Services Market Market Characteristics
3. Diagnostic Imaging Services Market Market Trends And Strategies
4. Diagnostic Imaging Services Market Market – Macro Economic Scenario
5. COVID-19 Impact On Diagnostic Imaging Services Market Market
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26. Africa Diagnostic Imaging Services Market Market
27. Diagnostic Imaging Services Market Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Diagnostic Imaging Services Market Market
29. Diagnostic Imaging Services Market Market Future Outlook and Potential Analysis
30. Appendix
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