Diagnostic Imaging Centers
The Diagnostic Imaging Centers industry is highly competitive, due both to internal pricing pressures from consolidating industry companies and volume pressure from external competitors, such as hospitals and physicians' offices that acquire their own imaging capabilities. Over the five years to 2024, demand for imaging services rose as economic growth and healthcare reform legislation improved healthcare coverage in the United States, while physicians and insurers began to recognize imaging as a cost-effective and noninvasive diagnostic alternative to investigative surgery or curative care. IBISWorld expects that growth to continue over the five years to 2024. Scientific advances will yield new and improved service capabilities and the aging US population will increasingly require more and better diagnostic imaging services.
This industry includes outpatient freestanding facilities that use machines and techniques to create images of the inside of a patient’s body. The technology depends on symptoms and the part of the body being examined. Operators use various types of diagnostic imaging, including X-rays, CT scans, nuclear medicine scans, MRI scans and ultrasounds. Imaging facilities within a larger hospital are excluded, but mobile laboratories are included.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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