The US Medical Imaging Equipment Services market is growing along with the Medical Device industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
The US medical imaging equipment services market is expected to reach US$ 5,848.2 Mn in 2027 from US$ 4,169.0 Mn in 2018. The market is estimated to grow with a CAGR of 3.9% from 2019-2027.
The growth of the market is driven by factors such as rising numbers of hospital and diagnostics centers, better quality performance due to service, and rising prevalence of chronic and acute diseases. However, the market is likely to get impacted by the risk factor such as lack of funds/grants for the diagnostic equipment during the forecast period.
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There are has been a significant rise in the diagnostic industry in the last few years due to the transformation in the healthcare systems. For every minor and major health conditions, patients visit hospitals to get diagnosed with the problems. The hospitals and diagnostics centers assist doctors and physicians in offering the best treatment and helps to improve patient’s health. In the United States, the rising number of population is the critical factor that is leading to increasing numbers of hospitals and diagnostic centers. For instance, the names of hospitals are rising in the US.
These factors are expected to offer broad growth opportunities in the Medical Device industry and this is expected to cause the demand for US Medical Imaging Equipment Services in the market.
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US MEDICAL IMAGING EQUIPMENT SERVICES– MARKET SEGMENTATION
By Service Type
- Equipment Repair and Maintenance
- Refurbished Systems
- Technical Training
- Equipment Removal and Relocation
- Software Upgrades
By Service Providers
- Original Equipment Manufacturers (OEM)
- Independent Service Organizations
- Magnetic Resonance Imaging (MRI)
- Computed Tomography (CT)
By End User
- Diagnostic Centers
- GENERAL ELECTRIC
- Siemens Healthineers AG
- Hitachi, Ltd.
- Hologic Inc.
- Koninklijke Philips N.V.
- Shimadzu Corporation
- Canon Inc.
- Carestream (Onex Corporation)
- Agility Health
- Althea Group
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