Impact of COVID-19 on the Global Diagnostic Imaging Services Market

Market HighlightsThe Global diagnostic imaging services market is projected to grow at a CAGR of 8.2% over the forecast period.

In recent years, diagnostic imaging services improved their efficiency and accuracy for the of various acute and chronic diseases including cardiovascular diseases and cancer.

The increasing prevalence of geriatric population and subsequent growth in the incidence of cardiac, and neurological diseases including cancer, growing government funding’s for development of medical diagnostics field, and the on-going technological advancements in imaging services are some factors that are anticipated to drive the market growth during the assessment period.

Request Sample Copy:https://www.marketresearchfuture.com/sample_request/7186Regional AnalysisOn regional basis, the Americas is anticipated to dominate the global diagnostic imaging services market owing to the growing clinical R budgets by both government as well as public and private organizations in diagnostic imaging modalities and increasing adoption of advanced technologies in the region.

Additionally, rising prevalence of geriatric population along with various chronic diseases is contributing the growth of this market.

According to a report by Population Reference Bureau, the number of older population (aged 65 and above) will rise to nearly 24% from 15% by 2060.

3D Diagnostic Imaging Services Market:WiseGuyReports.com adds “Global 3D Diagnostic Imaging Services Market Research Report 2020 Analysis and Forecast 2030” reports to its database.Executive SummaryThe global 3D diagnostic imaging services market is expected to decline from $179.9 billion in 2019 to $172.25 billion in 2020 at a compound annual growth rate (CAGR) of -4.22%.

The market is then expected to recover and reach $221.2 billion in 2023 at CAGR of 8.69%.The 3D diagnostic imaging services market consists of revenues generated by the use of 3D diagnostic imaging procedures such as 3D X-rays, 3D ultrasound, MRI, and other 3D nuclear imaging techniques (PET, SPECT) to diagnose patients with chronic diseases.

The 3D diagnostic imaging technique provides advanced services that help in various applications such as oncology, cardiology, orthopedics and others.

3D diagnostic imaging is used to create three dimensional visual representation of interior body parts for medical analysis with the help of computer-aided design (CAD) or a Magnetic Resonance Image (MRI) technology.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5426279-3d-diagnostic-imaging-services-global-market-report-2020Introduction of improved data storage and information sharing systems such as medical cloud technology is creating more growth opportunities for 3D diagnostic imaging.

This is because medical imaging requires adequate resources to process, store, exchange and use large quantities of medical data for appropriate diagnostic and treatment decisions, and advanced cloud computing in medical imaging addresses these concerns.

Cloud computing technology enables medical data sharing across regions, allowing more patients to obtain the medical resources they need.

The Business Research Company published its 3D Diagnostic Imaging Services Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global 3D Diagnostic Imaging Services market.

The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the 3D Diagnostic Imaging Services market’s segments- 1) By Technique: Ultrasound, MRI, X-Ray, Computed Tomography, Others2) By Application: Oncology, Cardiology, Orthopedic, Others.

View Complete Report:https://www.thebusinessresearchcompany.com/report/3d-diagnostic-imaging-services-market-global-report-2020-covid-19-growth-and-change3D Diagnostic Imaging Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.

The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.

The chapter also covers markets which have been positively affected by the pandemic.The global 3D diagnostic imaging services market is expected to decline from $179.9 billion in 2019 to $172.25 billion in 2020 at a compound annual growth rate (CAGR) of -4.22%.

The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities.

This report aims to provide detailed insights into the global diagnostic imaging services market.

It provides valuable information on the type, procedure, application, and region in the market.

Expected Revenue Growth Analysis: The Medical Imaging Services Market is projected to reach USD 693.4 billion by 2024 from USD 539.7 billion in 2019, at a CAGR of 5.1% from 2019 to 2024.

On the other hand, factors such as the high cost of diagnostic imaging systems and the low reimbursement structure for outpatient imaging facilities are likely to restrain the growth of the Diagnostic Imaging Services Market to a certain extent in the coming years.

On the basis of modality, medical imaging services market is segmented into magnetic resonance imaging (MRI), ultrasound, computed tomography (CT), X-ray, nuclear imaging, and mammography.

On the basis of end user, medical imaging services market is segmented into hospitals, diagnostic centers, ambulatory care centers, and research & academia.

Market HighlightsThe Global diagnostic imaging market size is projected to grow at a CAGR of 8.2% over the forecast period.

In recent years, diagnostic imaging services improved their efficiency and accuracy for the of various acute and chronic diseases including cardiovascular diseases and cancer.

Additionally, increasing demand for diagnostic imaging devices and development expenditure by the government as well as private sector is likely to contribute to the market growth.

As per the data by the Office for National Statistics, in 2016, the gross domestic expenditure on research and development (R) was Euro 33.1 billion (USD 35.2 billion) in the UK.

However, high cost of diagnostic imaging devices and unfavorable reimbursement policies may hamper the market growth during the assessment period.Get Latest Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/7186SegmentationThe Global diagnostic imaging services market has been segmented into procedure, application, and service provider.By procedure, the market has been segmented into X-ray, Computed Tomography, Ultrasound, MRI (Magnetic Resonance Imaging), Nuclear Imaging, Radiography and others.

The procedure segment is estimated to hold major market share in the global diagnostic imaging services market due to the rising R activities in the medical diagnostics field.On the basis of application, the global diagnostic imaging services market has been segmented into Neurology, Cardiology, Oncology, Musculoskeletal and others.The Global diagnostic imaging services market, by service provider, has been segmented into Clinics & Hospitals, Diagnostic centers, Research laboratories and others.Key PlayersSome of the prominent players in the global diagnostic imaging services market are Center for Diagnostic Imaging (CDI), Medquest Associates Inc./Novant Health, Simonmed/Dignity Health, Touchstone Imaging, Alliance Medical, Medica Group, Sonic Healthcare, Global Diagnostics, Consensys Imaging Service, Inc., Progressive Radiology, Concord Medical Services Holdings Limited, Alliance Healthcare Services, InHealth Group and others.

The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues during the forecast period 2020 – 2025.

These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

On the back of these trends, the global diagnostic imaging services market is anticipated to expand positively at a CAGR of 4.2% during the forecast period (2020-2025).Key stakeholders in the Diagnostic Imaging Services market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

Many in recent months have overhauled their strategies to remain agile in the backdrop of worldwide disruptions caused by the COVID-19 pandemic.

Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=4752The study also offers scrutiny of the changing government policies amid COVID-19 disruptions.

Policymakers in developing and developed nations are framing new regulations to meet the continuing macrocosmic shocks by COVID-19 pandemic.

Diagnostic Imaging Services Market Research Report: by Procedure (Computed Tomography, MRI, X-ray), by Application (Neurology, Oncology, Cardiology), By Service Provider (Diagnostic centres) - Global Forecast Till 2027Market HighlightsThe Global diagnostic imaging services market is projected to grow at a CAGR of 8.2% over the forecast period.

In recent years, diagnostic imaging services improved their efficiency and accuracy for the of various acute and chronic diseases including cardiovascular diseases and cancer.

The increasing prevalence of geriatric population and subsequent growth in the incidence of cardiac, and neurological diseases including cancer, growing government funding’s for development of medical diagnostics field, and the on-going technological advancements in imaging services are some factors that are anticipated to drive the market growth during the assessment period.

Additionally, increasing demand for diagnostic imaging devices and development expenditure by the government as well as private sector is likely to contribute to the market growth.

As per the data by the Office for National Statistics, in 2016, the gross domestic expenditure on research and development (R) was Euro 33.1 billion (USD 35.2 billion) in the UK.

However, high cost of diagnostic imaging devices and unfavorable reimbursement policies may hamper the market growth during the assessment period.Request Free Sample Copy at:  https://www.marketresearchfuture.com/sample_request/7186 Regional AnalysisOn regional basis, the Americas is anticipated to dominate the global diagnostic imaging services market owing to the growing clinical R budgets by both government as well as public and private organizations in diagnostic imaging modalities and increasing adoption of advanced technologies in the region.