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Global Mobile Medical Imaging Services Market - Outlook and Forecast 2022-2027
The global mobile medical imaging service market was valued at USD 1,070 million in 2021 and is expected to reach USD 1,417 million by 2027, with a compound annual growth rate (CAGR) of 4.79%.
Mobile imaging services have become increasingly important, providing access to well-equipped PET/CT, MRI, and ICU scanners. The growing use of imaging technology for disease detection and monitoring has been a significant factor driving the growth of the industry. Additionally, there is a rising demand for mobile imaging devices in vehicles, which is expected to contribute to the profitable growth of the mobile imaging services market during the forecast period. The introduction of advanced mobile MRI devices in the medical field, offering a more affordable alternative to traditional technologies, is also anticipated to drive the growth of the mobile medical imaging software market.
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USD 1070 million in 2020
Service Type, End-User, and Geography
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Vendors in the industry have been focusing on improving their technological devices to meet the needs arising from the recent COVID-19 pandemic. This focus has resulted in a surge in sales of these devices for medical procedures, consequently driving the growth of the mobile medical imaging services market.
The increasing prevalence of chronic diseases such as cardiovascular disease, cancer, endocrine and gastrointestinal disorders, neurological disorders, and lung disorders has also contributed to the growth of the mobile medical imaging market.
In order to expand their presence and enhance their product portfolios, vendors, particularly global players, are advised to pursue inorganic growth strategies such as acquisitions. These strategies, combined with their organic growth initiatives, will help them gain traction among end-users in the market.
Notably, the US Food and Drug Administration authorized the use of a mobile radiology viewer and a smartphone ultrasound probe in 2011. Later that year, AT&T introduced cloud-based mobile access to medical photos, enabling the storage, access, viewing, and sharing of medical images within and outside medical facilities. These advancements have further facilitated the accessibility and utilization of mobile medical imaging technology.
The market is segmented based on various factors, including service type, end-user, and geography.
Segmentation by Service Type
Segmentation by End-Users
Nursing Home and Assisted Living
Home Health and Hospice
Long term Acute Care Centers
Segmentation by Geography
North America – US, Canada
Europe – Germany, France, UK, Italy, Spain
APAC – China, Japan, India, South Korea, Australia
Latin America – Brazil, Mexico, Argentina
Middle East & Africa – South Africa, Saudi Arabia, Turkey
The global mobile medical imaging service market, specifically the mobile X-ray segment, is projected to experience incremental growth and absolute growth of USD 94.10 billion during the forecast period. Mobile X-ray machines have been recognized as a viable alternative to hospital X-rays, particularly for nursing home residents. This has led to an increased demand for mobile medical imaging services in the industry.
In the Mobile CT segment, there is a notable trend of growing demand for portable CT scanners in diagnostic services across both developing and developed countries. This trend presents significant opportunities for growth in the CT imaging devices market.
The mobile EKG segment of the global mobile medical imaging service market is expected to grow at a CAGR of 3.15% during the forecast period. This growth can be attributed to factors such as the increasing incidence rate of cardiovascular diseases, rising concerns regarding cardiac health, and the need for continuous monitoring of cardiac conditions.
Among the end-user segments, home health and hospice contribute the most to the incremental growth, with a share of approximately USD 144 million. This is followed by long-term acute care centers and nursing homes, and assisted living facilities. The demand for care services, including emergency healthcare workers, nurses, nursing assistants, doctors, and trainees, has been instrumental in driving the growth of the nursing home and assisted living segment in the mobile medical imaging market.
In terms of geographical contribution, Europe, North America, and APAC are the top three regions with incremental growth. North America holds the largest market share, approximately USD 425 million, followed by Europe and APAC. Canada, in particular, is witnessing rapid advancements in imaging technology, leading to the creation of innovative devices by medical device companies and generating substantial profits.
In North America, the increasing incidence of cancer and other chronic diseases will drive the demand for mobile imaging services and contribute to the growth of the US mobile imaging services market throughout the forecast period.
The United Arab Emirates is considered a primary market due to its technologically advanced resources and growing awareness of imaging in treatment. Saudi Arabia, on the other hand, experiences growth in the mobile imaging services market due to the prevalence of non-communicable diseases such as diabetes, heart disease, and cancer, which increase the demand for mobile imaging services.
In August 2020, Canon Medical Systems USA Inc. introduced the SOLTUS® 500 Mobile Digital X-ray, a new system designed to enhance bedside examinations, improve workflow, and increase productivity in hospitals.
At the end of 2011, GE launched Access 2.0, a mobile imaging diagnostics platform that enables users to review images on mobile devices running Apple iOS and Android 2.2 or higher versions.
Strategic collaborations and acquisitions are expected to play a significant role in the mobile imaging services market. Notable among these developments is the acquisition of Professional Portable Xray, a mobile imaging company, by Dispatch Health, a home care provider specializing in home radiology. These initiatives will stimulate growth in the mobile imaging services market and contribute to its overall expansion.
Atlantic Medical Imaging recently announced its merger with Tilton Dynamic Imaging, a patient care and service provider based in New Jersey. This strategic move aims to expand Atlantic Medical Imaging’s reach to new patients, physicians, and healthcare service providers, thereby driving the growth of the industry.
Key companies profiled in this report include Alpha One Imaging, TridentCare, Cobalt Health, Front Range Mobile Imaging, Inc, Digirad Corporation, InHealth Group, Shared Imaging Services, Accurate Imaging, Accurate Imaging Diagnostics, Carestream Health, Atlantic Medical Imaging, Onsite Imaging, Jacsonville/First Coast Mobile Imaging Services, Quality Medical Imaging, Alliance Medical, Alliance-Hni Health Care Services, Mantro Mobile Imaging, Rayus Radiology-Center for Diagnostic Imaging, Ultra-X imaging.
Key Questions Answered
What is the market size of the mobile medical imaging services industry and what is the projected growth rate during the forecast period?
The global mobile medical imaging services market was valued at USD 1,070.00 million in 2021 and is anticipated to reach USD 1,417.12 million by 2027, exhibiting a compound annual growth rate (CAGR) of 4.79%.
Who are the prominent vendors in the global mobile medical imaging services market?
Prominent vendors in the global mobile medical imaging services market include Alpha One Imaging, TridentCare, Cobalt Health, Front Range Mobile Imaging, Inc., Digirad Corporation, and various others.
What are the key industry trends driving the mobile medical imaging market?
The key trends driving the mobile medical imaging market are the evolution from 2D image capture to 3D imaging and the increasing utilization of handheld ultrasound devices.
Which region dominates the largest market share in the global mobile medical imaging services industry?
North America dominates the largest market share, accounting for approximately USD 425 million in the global mobile medical imaging services market.
What factors enable the growth of the mobile imaging services market according to the forecast?
The growth of the mobile imaging services market is enabled by factors such as the improved efficiency of healthcare services through faster and better access to healthcare, the introduction of new versions and types of mobile diagnostic imaging devices, technological advancements in mobile medical imaging, and the increasing demand for vehicle-bound mobile imaging units.