Medical Imaging Outsourcing Market worth US$ 10.61 billion by 2027

According to Precedence Research, during the forecast period of 2020 to 2027, the global medical imaging outsourcing market is estimated to develop at a compound annual growth rate (CAGR) of 4.9%. The global medical imaging outsourcing market was valued at USD 7.24 billion in 19 and it is predicted to exceed USD 10.61 billion by 2027. The study investigates several elements and their consequences on the growth of the medical imaging outsourcing market.

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Growth Factor

The growing burden of various non-communicable diseases across the globe has significantly surged the demand for the early diagnosis diseases. The proliferation of digital technologies and advancements in the medical devices has allowed the health professionals to provide services related to the early diagnosis of chronic diseases. The high costs associated with the procurement of the advanced and effective medical imaging devices is a major factor that boosts the demand for the medical imaging outsourcing services amongst the healthcare units. The outsourcing of the medical imaging services significantly reduces the costs and also offers timely diagnosis and effective treatment of the patients.

Report Scope of the Medical Imaging Outsourcing Market

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This report focuses on medical imaging outsourcing market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall medical imaging outsourcing market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Report Highlights:

• Based on the device, the computed tomography segment accounted for a market share of over 56% and dominated the global medical imaging outsourcing market in 2019. This is attributed to the increased demand for the computed tomography outsourcing services as the acquisition of this technology is an expensive affair and its outsourcing saves a huge cost for the healthcare providers. The availability of the computed tomography outsourcing at cheap rate is a major factor behind the growth of this segment.
• North America was the leading medical imaging outsourcing market as it garnered a market share of around 42% in 2019. The high healthcare expenditure and the availability of the developed and sophisticated healthcare infrastructure has contributed towards the market growth.According to the Centers for Medicare & Medicaid Services, healthcare spending in the US has witnessed a growth of 4.6% in 2018 and reached to USD 3.6 Trillion or USD 11,172 per person. Moreover, the healthcare spending contributes around 18% of the GDP of US. Furthermore, the growing prevalence of chronic diseases is significantly boosting the demand for the diagnosis, which in turn has fueled the growth of the medical imaging outsourcing market in North America.
• Asia Pacific is expected to be a significantly growing market during the forecast period. The rising urbanization, growing disposable income, rising number of hospitals, presence of huge pool of patients, and rising investments in the development of a sophisticated healthcare infrastructure are some of the prominent factors that are expected to drive the growth of the Asia Pacific medical imaging outsourcing market.

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of medical imaging outsourcing, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of medical imaging outsourcing has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the medical imaging outsourcing market.

Some of the prominent players in the medical imaging outsourcing market include:

• Flatworld Solutions Pvt. Ltd.
• Alliance Medical
• MetaMed
• Diagnostic Imaging Services
• NORTH AMERICAN SCIENCE ASSOCIATES INC.
• Ankarad Medical Imaging Systems
• Shields MRI
• KAYI Healthcare
• RadNet, Inc.
• PROSCAN IMAGING

Segments Covered in the Report

By Device

• Computed Tomography (CT)
• Positron Emission Tomography (PET)
• Magnetic Resonance Imaging (MRI)

Regional Segmentation

• Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
• Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
• North America [United States, Canada, Mexico]
• South America [Brazil, Argentina, Columbia, Chile, Peru]
• Middle East & Africa [GCC, North Africa, South Africa]

Some of the important ones are:

• What can be the best investment choices for venturing into new product and service lines?
• What value propositions should businesses aim at while making new research and development funding?
• Which regulations will be most helpful for stakeholders to boost their supply chain network?
• Which regions might see the demand maturing in certain segments in near future?
• What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
• Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
• Which government regulations might challenge the status of key regional markets?
• How will the emerging political and economic scenario affect opportunities in key growth areas?
• What are some of the value-grab opportunities in various segments?
• What will be the barrier to entry for new players in the market?

Table of Contents

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Medical Imaging Outsourcing Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Medical Imaging Outsourcing Market

5.1. Covid-19: Medical Imaging Outsourcing Industry Impact
5.2. Medical Imaging Outsourcing Business Impact Assessment: Covid-19
5.2.1. Industry Challenges/Disruption
5.2.2. Market Trends and Medical Imaging Outsourcing Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Medical Imaging Outsourcing Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Medical Imaging Outsourcing Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing Demand for Advanced Medical Imaging Products
6.1.1.2. Technological Advancements in the Imaging Services
6.1.2. Market Restraints
6.1.2.1. Shortage of Skilled Radiologist
6.1.3. Market Opportunities
6.1.3.1. Significant Demand of Medical Imaging Outsourcing from Automotive Industry
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition

Chapter 7. Global Medical Imaging Outsourcing Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Medical Imaging Outsourcing Market Revenue by Market Player(2015-2020)
7.1.1.2. Medical Imaging Outsourcing Market Revenue Market Share by Market Player(2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geography Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Medical Imaging Outsourcing Market, By Device

8.1. Medical Imaging Outsourcing Market, by Device, 2016-2027
8.1.1. Computed Tomography (CT)
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Positron Emission Tomography (PET)
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Magnetic Resonance Imaging (MRI)
8.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Medical Imaging Outsourcing Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Overview and Regional Trends
9.1.2. Market Revenue Forecast by Device (2016-2027)
9.1.3. U.S
9.1.3.1. Market Revenue Forecast (2016-2027)
9.1.4. Canada
9.1.4.1. Market Revenue Forecast (2016-2027)
9.2. Europe
9.2.1. Overview and Regional Trends
9.2.2. Market Revenue Forecast by Device (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue Forecast (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue Forecast (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue Forecast (2016-2027)
9.2.6. Rest of EU
9.2.6.1. Market Revenue Forecast (2016-2027)
9.3. Asia Pacific (APAC)
9.3.1. Overview and Regional Trends
9.3.2. Market Revenue Forecast by Device (2016-2027)
9.3.3. China
9.3.3.1. Market Revenue Forecast (2016-2027)
9.3.4. India
9.3.4.1. Market Revenue Forecast (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue Forecast (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue Forecast (2016-2027)
9.4. LATAM
9.4.1. Overview and Regional Trends
9.4.2. Market Revenue Forecast by Device (2016-2027)
9.4.3. Brazil
9.4.3.1. Market Revenue Forecast (2016-2027)
9.4.4. Rest of LATAM
9.4.4.1. Market Revenue Forecast (2016-2027)
9.5. Middle East and Africa (MEA)
9.5.1. Overview and Regional Trends
9.5.2. Market Revenue Forecast by Device (2016-2027)
9.5.3. GCC
9.5.3.1. Market Revenue Forecast (2016-2027)
9.5.4. North Africa
9.5.4.1. Market Revenue Forecast (2016-2027)
9.5.5. South Africa
9.5.5.1. Market Revenue Forecast (2016-2027)
9.5.6. Rest of MEA
9.5.6.1. Market Revenue Forecast (2016-2027)

Chapter 10. Company Profiles

10.1. Flatworld Solutions Pvt. Ltd.
10.1.1. Company Overview, Business Information, Regional Presence
10.1.2. Product Portfolio Analysis
10.1.2.1. Product Details, Specification, Application
10.1.3. Revenue, and Gross Margin (2015-2020)
10.1.4. Recent Developments and Strategies
10.2. Alliance Medical
10.2.1. Company Overview, Business Information, Regional Presence
10.2.2. Product Portfolio Analysis
10.2.2.1. Product Details, Specification, Application
10.2.3. Revenue, and Gross Margin (2015-2020)
10.2.4. Recent Developments and Strategies
10.3. MetaMed
10.3.1. Company Overview, Business Information, Regional Presence
10.3.2. Product Portfolio Analysis
10.3.2.1. Product Details, Specification, Application
10.3.3. Revenue, and Gross Margin (2015-2020)
10.3.4. Recent Developments and Strategies
10.4. Diagnostic Imaging Services
10.4.1. Company Overview, Business Information, Regional Presence
10.4.2. Product Portfolio Analysis
10.4.2.1. Product Details, Specification, Application
10.4.3. Revenue, and Gross Margin (2015-2020)
10.4.4. Recent Developments and Strategies
10.5. NORTH AMERICAN SCIENCE ASSOCIATES INC.
10.5.1. Company Overview, Business Information, Regional Presence
10.5.2. Product Portfolio Analysis
10.5.2.1. Product Details, Specification, Application
10.5.3. Revenue, and Gross Margin (2015-2020)
10.5.4. Recent Developments and Strategies
10.6. Ankarad Medical Imaging Systems
10.6.1. Company Overview, Business Information, Regional Presence
10.6.2. Product Portfolio Analysis
10.6.2.1. Product Details, Specification, Application
10.6.3. Revenue, and Gross Margin (2015-2020)
10.6.4. Recent Developments and Strategies
10.7. Shields MRI
10.7.1. Company Overview, Business Information, Regional Presence
10.7.2. Product Portfolio Analysis
10.7.2.1. Product Details, Specification, Application
10.7.3. Revenue, and Gross Margin (2015-2020)
10.7.4. Recent Developments and Strategies
10.8. KAYI Healthcare
10.8.1. Company Overview, Business Information, Regional Presence
10.8.2. Product Portfolio Analysis
10.8.2.1. Product Details, Specification, Application
10.8.3. Revenue, and Gross Margin (2015-2020)
10.8.4. Recent Developments and Strategies
10.9. RadNet, Inc.
10.9.1. Company Overview, Business Information, Regional Presence
10.9.2. Product Portfolio Analysis
10.9.2.1. Product Details, Specification, Application
10.9.3. Revenue, and Gross Margin (2015-2020)
10.9.4. Recent Developments and Strategies
10.10. PROSCAN IMAGING
10.10.1. Company Overview, Business Information, Regional Presence
10.10.2. Product Portfolio Analysis
10.10.2.1. Product Details, Specification, Application
10.10.3. Revenue, and Gross Margin (2015-2020)
10.10.4. Recent Developments and Strategies

Chapter 11. Appendix

11.1. About Us
11.2. Glossary of Terms

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