PMR report: Imaging diagnostics market in 2020: down by more than a quarter
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In 2019 the imaging diagnostic services market value was over PLN 6.2bn. This represented an increase of almost 11% year on year, according to PMR’s latest report entitled “Diagnostic imaging and radiotherapy market in Poland 2020. Market analysis and development forecasts for 2020-2025”.
Changes in external conditions significantly affect the imaging diagnostic market
In the era of the coronavirus pandemic, many diagnostic laboratories significantly reduced their activities, limiting the performance of examinations to urgent cases, such as oncology. Some laboratories closed down temporarily for fear of infection or as a result of the detection of infection in workers, which made it difficult to access imaging diagnostic tests. The difficulties in the operation of diagnostic laboratories are also confirmed by the PMR study, conducted specifically for this report. Some of the results were presented here.
Furthermore, the coronavirus pandemic had a significant impact on the Polish and global macroeconomic situation. Therefore, some patients are also introducing restrictions on expenditure as a result of the deterioration of their financial situation. This is particularly important in the case of more expensive examinations, such as computed tomography, PET and magnetic resonance imaging. These examinations are not usually covered by cheaper subscriptions or health insurance for those less affected before the recession.
PMR: after a significant decline, market will recover
Due to the fact that the market is highly uncertain about the development of the pandemic, PMR prepared two market value scenarios. It should be noted, however, that the market for imaging diagnostic services in Poland in both these scenarios will be significantly affected by the pandemic in 2020. In the opinion of PMR, in 2020, the value of the market may fall by up to one third compared to 2019. In the longer term, the forecasts expect a return to a positive growth path.
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