Medical Imaging Outsourcing Industry - Regional Synopsis
North America Market Statistics
North America industry is expected to account for largest revenue share of 47% by 2037. The growth is attributed to the rising adoption of medical imaging in the healthcare sector and the rising number of hospitals and other healthcare centers. Moreover, the presence of key players through their extensive networks, advanced technologies, and strategic outsourcing services enhances the accessibility and quality of medical imaging across the region.
In the U.S. Carestream Health offers a variety of imaging solutions, including digital radiography and healthcare IT solutions, promoting the adoption of advanced imaging technologies.
The healthcare system in Canada continually invests in modernizing diagnostic equipment and expanding imaging capabilities. Provincial authorities often fund upgrades and new installations of imaging technology.
APAC Market Analysis
The medical imaging outsourcing market in Asia Pacific will encounter huge growth during the forecast period. The rapid population growth along with urbanization and awareness of early diagnosis and chronic and critical diseases has fueled the market growth in this region.
Increasing prevalence of chronic diseases in China is expected to significantly drive the market. Chronic diseases such as cardiovascular conditions, diabetes, and cancer require regular monitoring and imaging for effective management. For instance, according to NIH, in 2022 there were around 4.8 million new cancer cases in the country.
Japan has shown a lucrative increase in healthcare advancements and improvements in various medical treatments and fields such as healthcare delivery systems, telemedicine, and more. For instance, the International Trade Administration 2022 projected that the Japanese telemedicine industry will grow at USD 404.5 million by 2025.
