Status : Published Published On : Dec, 2023 Report Code : VRHC1059 Industry : Healthcare Available Format : Page : 250
2025
2030

Global Diagnostic Imaging Market – Analysis and Forecast (2025-2030)

Industry Insights by Product (Computed Tomography Scanners, X-Ray Imaging Systems, Ultrasound Imaging Systems, Magnetic Resonance Imaging, and Nuclear Imaging Systems), and by End User (Diagnostic Imaging Centers, Hospitals and Others), and by Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)

Industry Overview

The Global Diagnostic Imaging Market was valued at USD 26.6 billion in 2023 and is projected to reach USD 38.8 billion by 2030, having a CAGR of 6.1% during the forecast period 2025-2030. Diagnostic imaging is a procedure to generate an image of internal and external body parts for clinical purpose. It has its application in several medical fields such as neurology, cardiology, orthopedics, and oncology. The global diagnostic imaging market is growing at a significant rate, due to mounting occurrence of chronic diseases and boosting number of diagnostic centers. Different product contributed to the diagnostic imaging market size. The market has witnessed a high demand for x-ray imaging systems in the coming years due to the mounting demand for mobile x-ray system, expanding the geriatric population and mounting occurrence of diseases and injuries.

Diagnostic Imaging Market

Market Segmentation

Insight by Product

On the basis of product, the diagnostic imaging market is subdivided computed tomography (CT) scanners, x-ray imaging systems, ultrasound imaging systems, nuclear imaging systems, and magnetic resonance imaging (MRI). Of all products, x-ray imaging systems segment accounted the largest share in the market, due to mounting demand for mobile x-ray system, painless and non-invasive procedure, less costly as compared to other modalities expanding the geriatric population and mounting occurrence of diseases and injuries.

The CT scanners market is further subdivided into mid-slice, high-slice, and low-slice. The nuclear imaging system market is further subdivided into Spect systems and hybrid Pet systems. In addition, the x-ray imaging systems market is further subdivided on the basis of technology into digital, and analog. Moreover, the x-ray imaging market is further subdivided on the basis of portability into portable and stationary. The portable x-ray imaging segment is expected to grow at the fastest rate in the x-ray imaging system market.

The ultrasound imaging system market is further subdivided on the basis of technology into 3D and 4D imaging system, 2D imaging system, and Doppler imaging. In addition, the ultrasound imaging market is further subdivided on the basis of portability into trolley based ultrasound system and compact ultrasound system. The MRI market is further subdivided into architecture into open and closed MRI systems. In addition, the MRI market is further subdivided on the basis of field strength into low to midfield MRI, ultra-high MRI and high to very high MRI.

Insight by End User

The different end users of the market are diagnostic imaging centers, hospitals, and others. Mounting demand for diagnostic imaging procedures and escalating number of diagnostic centers are the factors growing the demand for diagnostic imaging centers. Among all end users, the diagnostic imaging centers are expected to grow at the fastest rate in the diagnostic imaging market.

Global Diagnostic Imaging Market Report Coverage

Report Metric

Details

Historical Period

2018 - 2023

Base Year Considered

2024

Forecast Period

2025 - 2030

Market Size in 2023

U.S.D.  26.6 Billion

Revenue Forecast in 2030

U.S.D.  38.8 Billion

Growth Rate

6.1%

Segments Covered in the Report

By Product and By End-User

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling

Regions Covered in the Report

North America, Europe, Asia-Pacific, Middle East, and Rest of the World

Industry Dynamics

Growth Drivers

Expanding geriatric population, escalating funds, grants, and investments by government bodies for modernization imaging facilities, mounting demand for the diagnostic imaging procedure, technological developments in diagnostic imaging modalities, escalating alertness of early diagnosis of clinical disorders, and mounting inclination for minimally invasive treatment are the primary growth drivers for diagnostic imaging market.

In addition, boosting investment from public-private organizations, refining healthcare infrastructure, mounting occurrence of chronic diseases and boosting the number of diagnostic centers are also facilitating the growth for the diagnostic imaging market. For instance, according to GLOBOCAN globally, approximately 14.1 million new cancer cases were diagnosed and there were 8.2 million cancer deaths in 2012. In addition, according to the World Health Organization (WHO), globally in 2015 approximately 8.8 million people died due to cancer. Moreover, approximately 70% of the deaths from cancer occur in low and middle-income countries.

Challenges

Mounting implementation of refurbished diagnostic imaging systems, lack of skilled professionals, elevated price of diagnostic imaging systems, disapproving healthcare reforms in the U.S., and technological restrictions associated with standalone systems are the major challenges for the growth of diagnostic imaging market.

Industry Ecosystem

Globally, the manufacturing companies trying to enter the diagnostic imaging market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier for the entry of new players. This offers an edge to the established players in the industry competition.

Geographic Overview

Geographically, North America is the largest diagnostic imaging market as in the region the occurrence of chronic diseases is increasing. For instance, according to GLOBOCAN in the U.S., approximately 1.6 million new cancer cases were diagnosed and there were 0.6 million cancer deaths in 2012. Expanding geriatric population, technological developments in diagnostic imaging modalities and mounting inclination for minimally invasive treatment are also up surging growth of the North American diagnostic imaging market.

Asia-Pacific is observed to witness the fastest growth in the market, due to mounting occurrence of chronic diseases. In addition, expanding the geriatric population, mounting medical tourism, improving healthcare infrastructure and mounting healthcare expenditure are also creating a positive impact on the diagnostic imaging market growth in the region.

Competitive Insight

Key players in the diagnostic imaging market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In February 2016, Carestream introduced digital X-ray technology that delivers rapid access to diagnostic images. Carestream’s Cone Beam CT System helps physicians to assess players’ injuries during the matches.

It is specially designed for orthopaedic imaging. GE Healthcare, Hitachi Ltd., Siemens AG, Samsung Medison, Carestream Health, Koninklijke Philips N.V., Esaote S.P.A, Shimadzu Corporation, Toshiba Corporation, and Fujifilm Holdings Corporation are the key players offering diagnostic imaging.

The Diagnostic Imaging Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

  • By Product Type
    • Computed Tomography Scanners
    • X-Ray Imaging Systems
    • Ultrasound Imaging Systems
    • Magnetic Resonance Imaging
    • Nuclear Imaging Systems
  • By End-User
    • Diagnostic Imaging Centers
    • Hospitals
    • Others

Region Covered in the Report

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World (RoW)
    • Brazil
    • Saudi Arabia
    • South Africa
    • U.A.E.
    • Other Countries

Diagnostic Imaging Market Size and Market Analysis

Source: VynZ Research

Frequently Asked Questions

The global diagnostic imaging market was valued at USD 26.6 billion in 2023 and is projected to reach USD 38.8 billion by 2030, having a CAGR of 6.1% during the forecast period 2025-2030.
The X-ray imaging systems segment accounted the largest share in the market owing to the increased demand for mobile x-ray system, painless and non-invasive procedure, less costly as compared to other modalities will fuel the growth in the diagnostic imaging market.
The growing elderly population, surge in funds, grants, and investments by government bodies for modernizing imaging facilities, growing demand for the diagnostic imaging procedure, technological developments in diagnostic imaging modalities, and increased adoption of minimally invasive treatment are the primary growth drivers for diagnostic imaging market.
North America is the largest diagnostic imaging market as in the region the occurrence of chronic diseases is increasing
GE Healthcare, Hitachi Ltd., Siemens AG, Samsung Medison, Carestream Health, Koninklijke Philips N.V., Esaote S.P.A, Shimadzu Corporation, Toshiba Corporation, and Fujifilm Holdings Corporation are the key players offering diagnostic imaging.

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Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle

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