Industry Analysis & Industry Trends
IBISWorld expects the market for analytic and diagnostic services to return to growth in the five years to 2019. Scientific advances will yield new and improved service capabilities and the aging US population will increasingly require more and better diagnostic imaging services. Additionally, growing access to healthcare insurance for US citizens will continue to boost demand by making industry services more affordable for patients. Medicare and Medicaid reimbursement cuts may limit profit growth, but an industry-wide trend toward consolidation will likely help operators reduce costs and maintain bargaining power with health insurance providers.... purchase to read more
Industry Report - Industry Analysis Chapter
Diagnostic imaging services are noninvasive procedures that generate images of the internal anatomy and convert them to film or digital media. Diagnostic imaging systems facilitate the early diagnosis of diseases and disorders, often minimizing the cost and amount of care required; imaging enables physicians to diagnose a variety of diseases and injuries without exploratory surgery or other invasive procedures, which are usually more expensive, carry more risk and are more debilitating for patients.
Much of the focus in US healthcare has shifted from curative care to detection, prevention and personalized care. More physicians, consumers and payers recognize the value of diagnostic imaging as a means to reduce the overall cost of healthcare... purchase to read more