Asia-Pacific radiology services market is projected to register a healthy CAGR in the forecast period 2019 to 2026.
Radiology is the medical specialty for the diagnoses and treatment of injury by using imaging technique like computed tomography (CT), X-rays, magnetic resonance imaging (MRI), positron emission tomography (PET), fusion imaging and ultrasound. These imaging techniques use radiation, which requires adequate training and understanding of radiation safety and protection. Various companies are engaged in radiology services such KONINKLIJKE PHILIPS N.V, Siemens Healthineers and GE healthcare among others. The continuous development of the radiology market in developing and developed countries and growing research and development expenditure to develop innovative radiology equipment’s are all enhancing the utilization of the radiology services. The advanced radiology services and their preferences by the radiology industries, leading the major manufactures to expand their business for the development of services. For instance In March 2019, KONINKLIJKE PHILIPS N.V has acquired Carestream Health Inc.’s (U.S.) Healthcare Information Systems Business.
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Competitive Analysis: Asia-Pacific Radiology Services Market
Some of the major players operating in this market are Siemens, 4ways Limited, MEDNAX Services Inc., Everlight Radiology, RadNet, Inc., Koninklijke Philips N.V., Sonic Healthcare, Medica Reporting Ltd., ONRAD, Inc., UNILABS, Radiology Reports online, Teleradiology Solutions., InHealth Group , CONCORD Medical , Alliance HealthCare Services, Spectrum Health, Premier Radiology, Asia-PacificDiagnostics, Envision Radiology, RamSoft, Inc., GE healthcare and among others.