Industry Analysis & Industry Trends
During the five years to 2013, diagnostic imaging has experienced growth as a result of the recognition of these services as cost-effective and noninvasive diagnostic tools. The market for analytic and diagnostic services will continue to grow rapidly in the five years to 2018. Consolidation will lead to larger operators, which will help reduce costs and maintain bargaining power with health insurance providers.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Diagnostic Imaging Centers industry is in a growth stage of its life cycle, as it is growing faster than the overall US economy. During the 10 years to 2018, industry value added (IVA), which measures the industry's contribution to the overall economy, is expected to rise 2.6% annually on average. In comparison, GDP is projected to grow at an annualized 2.1% over the same period. Increased access to healthcare, the aging population, and rapid development in science and technology are the main driving factors of growth in this industry.
Mounting interest in preventative healthcare and pressures to reduce costs have led to rapid technological advancements in the equipment used by industry service providers... purchase to read more