Increasing Prevalence of Chronic Diseases and Recent Technological Developments in Tele radiology are Expected to Drive the growth of Global Radiology Services Market in the forecast period of 2019 -2026

Global Radiology Services Market is projected to register a healthy CAGR of 12.5 % in the forecast period of 2019 to 2026.

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Drivers: Global Radiology Services Market

  • Increasing prevalence of chronic diseases
  • Recent technological developments in tele radiology

Restraints:

  • High cost of radiology devices
  • High risk of radiation causing diseases

Opportunity:

  • Use of blockchain in diagnostic imaging

Challenge:

  • Lack of skilled professionals:

Market Trends:

Global radiology services market is segmented into six notable segments which are basis of type, procedure, patient age, radiation type, application, and end-user.

  • On the basis of type, the market is segmented into product and services. The services are expected to dominate the global radiology services market
  • On the basis of procedure, the market is segmented digital and conventional
  • On the basis of patient age, the market is segmented into pediatric and adults
  • On the basis of radiation type, the market is segmented into diagnostics and interventional radiology
  • On the basis of application, the market is segmented into dental, musculoskeletal, pelvic and abdominal, gynecology, cardiology, urology, neurology, oncology and others
  • On the basis of end users, the market is segmented into hospitals, ambulatory centers, diagnostic centers, clinics

Major Players: Global Radiology Services Market

Some of the major players operating in this market are Siemens, 4ways Limited, MEDNAX, Inc., Everlight Radiology, RadNet, Inc., Koninklijke Philips N.V., Sonic Healthcare, Medica Reporting Ltd., ONRAD, Inc., UNILABS, Radiology Reports online, Teleradiology Solutions., InHealth Group, Concordmedical, Alliance HealthCare Services, Spectrum Health, Premier Radiology, Global Diagnostics, Envision Radiology, RamSoft, Inc., GE healthcare and among others.