Radiology services comprise diverse medical imaging procedures crucial for diagnosis and therapy. Vital in monitoring diseases, guiding treatments, and assessing interventions' efficacy, these services offer non-invasive or minimally invasive options, delivering detailed anatomical and functional insights. Facilitating early disease detection, they enable timely medical interventions. Leveraging advanced imaging technologies, radiology services empower healthcare professionals to make precise diagnoses and formulate effective treatment strategies for optimal patient care.
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Data Bridge Market Research analyses that the U.K. Radiology Services Market which was USD 13.94 billion in 2022, is expected to reach USD 23.84 billion by 2030, and is expected to undergo a CAGR of 17.2% during the forecast period 2023 to 2030. The aging U.K. population necessitates increased diagnostic imaging for age-related conditions, fueling the expansion of radiology services to address the growing demand for comprehensive healthcare among elderly individuals.
Key Findings of the Study
The increasing burden of targeted diseases is expected to drive the market's growth rate
The radiology services market experiences significant growth propelled by the escalating burden of targeted diseases. The surge in conditions demanding advanced diagnostic imaging intensifies the demand for radiology services. Critical for early detection, accurate diagnosis, and effective treatment planning, these services align with the market's expansion. The emphasis on precise medical imaging and timely interventions improves patient outcomes and stimulates innovation in radiological technologies, further contributing to the sector's evolution and advancement.
Report Scope and Market Segmentation
Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Services, Product), Procedure (Conventional, Digital), Patient Age (Adults, Pediatric), Radiation Type (Diagnostics, Interventional Radiology), Application (Cardiology, Pelvic and Abdominal, Oncology, Neurology, Urology, Musculoskeletal, Gynecology, Dental, Others), Distribution Channel (Hospitals, Ambulatory Centers, Diagnostic Centers, Clinics)
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Market Players Covered
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Hitachi, Ltd. (Japan), Siemens (Germany), CANON MEDICAL SYSTEMS CORPORATION (Japan), GENERAL ELECTRIC (U.S.), Koninklijke Philips N.V. (Netherlands), Aspect Imaging Ltd. (Israel ), Bruker (U.S.), AURORA HEALTHCARE US CORP (U.S.), FONAR Corp. (U.S.), ESAOTE SPA (Italy), Neusoft Corporation (China), TOSHIBA CORPORATION (Japan), Sanrad Medical Systems Private Limited (India), FUJIFILM Holdings Corporation (Japan), ONEX Corporation (Canada), Hologic, Inc. (U.S.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Quality Electrodynamics, LLC (U.S.), Shenzhen Anke High-tech Co., Ltd. (China) and Magritek (Germany)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The U.K. radiology services market is segmented on the basis of type, procedure, patient age, radiation type, application, and distribution channel.
- On the basis of type, the U.K. radiology services market is segmented into services, and products
- On the basis of patient age, the U.K. radiology services market is segmented into adults, and pediatric
- On the basis of procedure, the U.K. radiology services market is segmented into conventional, and digital
- On the basis of radiation type, the U.K. radiology services market is segmented into diagnostics, and interventional radiology
- On the basis of application, the U.K. radiology services market is segmented into cardiology, pelvic and abdominal, oncology, neurology, urology, musculoskeletal, gynecology, dental, and others
- On the basis of distribution channel, the U.K. radiology services market is segmented into hospitals, ambulatory centers, diagnostic centers, and clinics
Major Players
Data Bridge Market Research recognizes the following companies as the major U.K. radiology services market players in U.K. radiology services market are ONEX Corporation (Canada), Hologic, Inc. (U.S.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Quality Electrodynamics, LLC (U.S.), Shenzhen Anke High-tech Co., Ltd. (China) and Magritek (Germany)
Market Developments
- In March 2022, Intelerad Medical Systems launched its Enterprise Imaging and Informatics Suite during the 2022 Healthcare Information and Management Systems Society (HIMSS) Global Health Conference and Exhibition. This innovative suite offers radiologists a promising option for medical image management. The launch signifies a significant advancement in healthcare technology, potentially enhancing efficiency and capabilities in handling medical imaging data within the rapidly evolving landscape of radiology services
- In February 2022, Carestream Health India launched the DRX Compass, a state-of-the-art digital radiology solution. Engineered for accuracy, convenience, and configurability, this innovative technology is poised to elevate efficiency for radiologists. The DRX Compass represents a significant leap in digital imaging, offering a comprehensive solution to enhance diagnostic capabilities. With its precision and user-friendly features, this system marks a notable advancement in the field, promising to streamline and optimize the radiology workflow for improved patient care
- In August 2021, GE Healthcare and Amazon Web Services (AWS) collaborated to offer AI and cloud-based imaging solutions, along with clinical and operational data, empowering hospitals and healthcare vendors. This collaboration aims to elevate patient care and operational efficiency by leveraging advanced technologies and data-driven insights within the healthcare industry
- In June 2021, Royal Philips collaborated with Akumin, a prominent outpatient diagnostic imaging services provider. They will launch the Philips Radiology Operations Command Center at Akumin's imaging centers, collaborating to establish clinical standards for MR and CT imaging. This strategic alliance seeks to improve operational efficiency and elevate the quality of diagnostic imaging services provided by Akumin
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