Technavio Announces the Publication of its Research Report Global Mobile Medical Imaging Services Market 2017-2021
Technavio recognizes the following companies as the key players in the global mobile medical imaging services market: Alliance HealthCare Services, Alliance Medical, Digirad Corporation, InHealth, and Shared Medical ServicesOther Prominent Vendors in the market are: Accurate Imaging, Aged Care Imaging, Center for Diagnostic Imaging, Oxford Instruments, and TridentUSA Health Services.Commenting on the report, an analyst from Technavios team said: The latest trend gaining momentum in the market is Increasing strategic collaborations and mergers and acquisitions (M&A). One of the key trends defining the global medical mobile imaging services market is M&A and strategic collaborations.
Key vendors are engaging in M&A to strengthen their market positions. For instance, in May 2016, Alliance HealthCare Service acquired the mobile business practice of American Health Centers, a provider of fixed and mobile radiology and nuclear medicine services in New Hampshire and Vermont for $4.2 million.
As a result, Alliance HealthCare services acquired eight AHC mobile radiology sites and five AHC mobile nuclear medicine sites.
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According to the report, one of the major drivers for this market is Advantages of mobile imaging services for hospitals and clinics. Mobile imaging equipment such as PET and CT imaging systems are capital-intensive devices.
Hospitals purchasing these expensive devices also need to bear additional costs such as staffing costs (qualified technologists or therapists) and maintenance costs. While large hospitals with high usage volumes can afford to invest in purchasing the imaging devices, the small- and medium-sized hospitals and clinics may prefer to partner with mobile imaging service providers.Further, the report states that one of the major factors hindering the growth of this market is High fuel cost.
Fuel cost for transport of mobile imaging units and mileage reimbursement for team members constitute a significant portion of mobile imaging service providers operating expenses. Fuel costs would undergo wide fluctuations due to geopolitical issues and imbalances in supply and demand.
The cost and demand for home heating oil, diesel, gasoline, and other petroleum products vary from regions to regions. Hence, accurate prediction of future cost and availability of fuel is not possible for mobile imaging service providers.
At times of a fuel supply shortage or further increases in fuel prices, the mobile imaging service providers might have to curtail their scheduled mobile services. Sustained high fuel costs will harm their financial condition and results of operations.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Mobile Medical Imaging Services Mobile medical imaging services are the onsite diagnostic services provided to the individuals and hospitals. It helps to reduce the discomfort of traveling by the individuals to traditional settings for imaging services and help hospitals to reduce expenses on installation and maintenance of fixed diagnostic imaging services.
The market includes services (mobile MRI, mobile CT, mobile PET/CT and others) provided by medical mobile imaging service providers to healthcare facilities on a part-time or full-time contract basis.
Technavios analysts forecast the global mobile medical imaging services market to grow at a CAGR of 3.23% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global mobile medical imaging services market for 2017-2021. To calculate the market size, the report considers the services provided by medical mobile imaging service providers.The market is divided into the following segments based on geography:
EMEATechnavio's report, Global Mobile Imaging Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
Know more about report at marketreportscenter.com/reports/55…-market-2017-2021
Alliance HealthCare Services
Shared Medical Services
Other prominent vendors
Aged Care Imaging
Center for Diagnostic Imaging
TridentUSA Health ServicesMarket driver
Advantages of mobile imaging services for hospitals and clinics
For a full, detailed list, view our report Market challenge
High fuel cost
For a full, detailed list, view our report Market trend
Increasing strategic collaborations and mergers and acquisitions (M&A)
For a full, detailed list, view our report Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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