Diagnostic Imaging Market

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 refers to the process of capturing images of the internal or external body parts to detect clinical disorders. These images are usually of high quality and precise enough to help doctors and healthcare givers design an accurate treatment plan. Diagnostic imaging has a wide range of applications across several fields in the medical sector, such as cardiology, neurology, oncology, orthopedics, and more.

The global diagnostic imaging market is growing due to the rise in the number of injuries among people. In addition, the increasing number of diagnostic centers and growing awareness of early diagnosis among people are also facilitating its growth. The rising preference for minimally invasive treatment and the availability of different types of diagnostic imaging products also contribute to the growth.

The high cost of the imaging systems along with the increased availability and use of refurbished products hinders market growth. However, the growing presence and entry of manufacturing companies trying to enter the market are offering new opportunities for growth and competition to the existing companies.

Market Segmentation

Insight by Product

The global diagnostic imaging market is divided by product into computed tomography (CT) scanners, x-ray imaging systems, ultrasound imaging systems, nuclear imaging systems, and magnetic resonance imaging (MRI) segments. Among all these segments, the X-ray imaging systems segment is expected to grow more during the forecast period due to growing demand, non-invasive and painless procedures, and low cost. Divided further into portable and stationary X-ray machines, the former will grow more due to wider use. The portable X-ray machines will grow due to higher adoption across diverse medical settings, their higher efficiency in offering unmatched flexibility and accessibility, and helping in offering quick diagnostic procedures at the point of care. The portability factor addresses the necessity for mobility in healthcare delivery, mainly in emergency rooms, intensive care units, and remote healthcare facilities. Moreover, the ongoing technological advancements will enhance portability without affecting diagnostic quality, which will increase their demand even further to ensure timely and accurate patient care and propel the growth of this segment.

Insight by End User

The different end users also divided the global diagnostic imaging market into diagnostic imaging centers, hospitals, and other segments where the diagnostic imaging centers segment will grow more during the forecast period due to growing demand for such procedures and a rise in the number of such diagnostic centers. These centers play a crucial role in offering timely and accurate diagnostic services across various medical specialties, making them an integral part of patient care. Furthermore, increased efficiency due to advanced imaging technologies and specialized expertise will fuel their growing prominence in the healthcare landscape and constant advancements in imaging technology and growing patient expectations will help the diagnostic imaging centers segment to expand even more during the forecast period.

Insight by Application

Diverse applications also divide the global diagnostic imaging market into orthopedic imaging and cardiology imaging segments primarily. Out of these two segments, the orthopedic imaging section will dominate the market in terms of revenue share during the forecast period due to the rise in orthopedic conditions and bone injuries that need frequent diagnostic imaging for accurate treatment planning and monitoring. On the other hand, the cardiology segment will also grow at a faster rate due to growing cardiovascular disorders, product innovations, a rise in awareness of early diagnosis, and knowledge of preventive healthcare measures and their benefits further fueling demand for cardiology imaging fueling the growth of this sector.

Global Diagnostic Imaging Market Report Coverage

Industry Dynamics

Industry Trends

There is an increased adoption of advanced technology, such as teleradiology that allows sharing of radiographic images with doctors in different locations for faster and better analysis and diagnosis. There is also a growing implementation of AI and other technologies in medical imaging and diagnosis to offer a better patient experience. In addition, the industry is witnessing a growing adoption of open diagnostic imaging services to help overweight patients and developments in pulse sequences of the devices to offer higher spatial resolution, faster imaging timing, and better imaging quality.

Growth Drivers

The growing factors of the global diagnostic imaging market include the growing aging population and rising occurrences of chronic diseases. It is also attributed to the rising government investments, grants, and funds to modernize imaging facilities. In addition, the growing demand for diagnostic imaging and technical developments across different imaging modalities will also contribute to the market growth. Apart from that, growing investments from public and private organizations, and improving healthcare infrastructure have pushed for market growth. In addition, the integration of telemedicine and remote diagnostic imaging solutions, evolving reimbursement policies and insurance coverage, and the growing shift towards value-based healthcare models incentivizing healthcare providers to invest in advanced imaging technologies for better patient outcomes and cost-effectiveness create a favorable environment for sustained growth of the global diagnostic imaging market.

Challenges

The hindrances to the growth of the diagnostic imaging market are attributed to the lack of skilled professionals to operate these machines and the technical limitations of the standalone systems. Furthermore, the growth of the market, especially in the US market, is further crippled due to the non-supportive healthcare reforms of the government.

Opportunities

Technical advancements and the growing need for such imaging procedures for designing treatment plans for the aging population who are susceptible to chronic diseases present new growth opportunities. Higher research and development initiatives to increase efficiency and reduce cost implications also promise growth of the market.

Geographic Overview

North America leads the market due to higher incidents of chronic diseases, a large number of aging populations, a preference for minimally invasive procedures, and technological developments in imaging modalities.

The Asia-Pacific market will also grow at a faster rate due to increasing chronic diseases and a growing geriatric population, a rise in medical tourism, development in healthcare infrastructure, and growing healthcare expenditure.

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. 

GE HealthCare is a leading global medical technology and digital solutions innovator that enables clinicians to make faster, more informed decisions through data analytics, intelligent devices, applications, and services, supported by its Edison intelligence platform. With over 100 years of healthcare industry experience, the company operates at the center of an ecosystem working toward precision health, helping drive productivity, digitizing healthcare, and improving outcomes for patients, providers, health systems, and researchers around the world.

FUJIFILM Healthcare Americas Corporation is a leading innovator in diagnostic and enterprise imaging solutions which is designed to meet the evolving needs of healthcare across diagnosis, prevention, and treatment. Fujifilm’s medical imaging portfolio includes solutions for digital computed tomography, magnetic resonance imaging, radiography, mammography, ultrasound, endoscopy, and endosurgery. specially designed for orthopedic 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.

Recent Developments by Key Players

FUJIFILM Healthcare Americas Corporation (a leading provider of diagnostic imaging and medical informatics solutions) has launched its new 1.5 Tesla magnetic resonance imaging (MRI) system, the ECHELON Synergy. The system employs Synergy DLR, Fujifilm’s proprietary Deep Learning Reconstruction (DLR) technology powered by artificial intelligence (AI), to enhance the sharpness of images and acquire scans faster which contributes to higher throughput, image quality, and patient satisfaction.

GE HealthCare has collaborated with MIM Software’s suite of diagnostic imaging technologies complete with artificial intelligence (AI) powered solutions to expand its diagnostic arm.

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

Source: VynZ Research

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Product
                1.2.2.    By End User                                
                1.2.3.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                1.5.1.    Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
                1.5.2.    Methodology
                        1.5.2.1. Data Exploration
                        1.5.2.2. Forecast Parameters
                        1.5.2.3. Data Validation
                        1.5.2.4. Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis
                3.3.3.    Market Share Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Product
                5.1.1.    Computed Tomography Scanners
                        5.1.1.1. Market Definition
                        5.1.1.2. Market Estimation and Forecast to 2030  
                5.1.2.    X-Ray Imaging Systems
                        5.1.2.1. Market Definition
                        5.1.2.2. Market Estimation and Forecast to 2030
                5.1.3.    Ultrasound Imaging Systems
                        5.1.3.1. Market Definition
                        5.1.3.2. Market Estimation and Forecast to 2030  
                5.1.4.    Magnetic Resonance Imaging
                        5.1.4.1. Market Definition
                        5.1.4.2. Market Estimation and Forecast to 2030
                5.1.5.    Nuclear Imaging Systems
                        5.1.5.1. Market Definition
                        5.1.5.2. Market Estimation and Forecast to 2030        
        5.2.    By End User
                5.2.1.    Diagnostic Imaging Centers
                        5.2.1.1. Market Definition
                        5.2.1.2. Market Estimation and Forecast to 2030
                5.2.2.    Hospitals
                        5.2.2.1. Market Definition
                        5.2.2.2. Market Estimation and Forecast to 2030
                5.2.3.    Others
                        5.2.3.1. Market Definition
                        5.2.3.2. Market Estimation and Forecast to 2030                        
        
6.    North America Market Estimate and Forecast

        6.1.    By Product
        6.2.    By End User                
        6.3.    By Country
                6.3.1.    U.S. Market Estimate and Forecast
                6.3.2.    Canada Market Estimate and Forecast
                6.3.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Product
        7.2.    By End User                
        7.3.    By Country
                7.3.1.    Germany Market Estimate and Forecast
                7.3.2.    France Market Estimate and Forecast
                7.3.3.    U.K. Market Estimate and Forecast
                7.3.4.    Italy Market Estimate and Forecast
                7.3.5.    Spain Market Estimate and Forecast
                7.3.6.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Product
        8.2.    By End User                
        8.3.    By Country
                8.3.1.    China Market Estimate and Forecast
                8.3.2.    Japan Market Estimate and Forecast
                8.3.3.    India Market Estimate and Forecast
                8.3.4.    South Korea Market Estimate and Forecast
                8.3.5.    Singapore Market Estimate and Forecast
                8.3.6.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Product
        9.2.    By End User                 
        9.3.    By Country
                9.3.1.    Brazil Market Estimate and Forecast
                9.3.2.    Saudi Arabia Market Estimate and Forecast
                9.3.3.    South Africa Market Estimate and Forecast
                9.3.4.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    GE Healthcare
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Hitachi Ltd.
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Siemens AG
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Samsung Medison
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Carestream Health
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Koninklijke Philips N.V.
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    Esaote S.P.A
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Shimadzu Corporation
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    Toshiba Corporation
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.   Fujifilm Holdings Corporation
                10.10.1.    Snapshot
                10.10.2.    Overview
                10.10.3.    Offerings
                10.10.4.    Financial Insight
                10.10.5.    Recent Developments                

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Diagnostic Imaging Market, By Product, 2018-2023 (USD Billion)
Table 5 Global Diagnostic Imaging Market, By Product, 2025-2030 (USD Billion)
Table 6 Global Diagnostic Imaging Market, By End User, 2018-2023 (USD Billion)
Table 7 Global Diagnostic Imaging Market, By End User, 2025-2030 (USD Billion)
Table 8 Global Diagnostic Imaging Market, by Region, 2018-2023 (USD Billion)
Table 9 Global Diagnostic Imaging Market, by Region, 2025-2030 (USD Billion)
Table 10 North America Diagnostic Imaging Market, By Product, 2018-2023 (USD Billion)
Table 11 North America Diagnostic Imaging Market, By Product, 2025-2030 (USD Billion)
Table 12 North America Diagnostic Imaging Market, By End User, 2018-2023 (USD Billion)
Table 13 North America Diagnostic Imaging Market, By End User, 2025-2030 (USD Billion)
Table 14 North America Diagnostic Imaging Market, by Region, 2018-2023 (USD Billion)
Table 15 North America Diagnostic Imaging Market, by Region, 2025-2030 (USD Billion)
Table 16 Europe Diagnostic Imaging Market, By Product, 2018-2023 (USD Billion)
Table 17 Europe Diagnostic Imaging Market, By Product, 2025-2030 (USD Billion)
Table 18 Europe Diagnostic Imaging Market, By End User, 2018-2023 (USD Billion)
Table 19 Europe Diagnostic Imaging Market, By End User, 2025-2030 (USD Billion)
Table 20 Europe Diagnostic Imaging Market, by Region, 2018-2023 (USD Billion)
Table 21 Europe Diagnostic Imaging Market, by Region, 2025-2030 (USD Billion)
Table 22 Asia-Pacific Diagnostic Imaging Market, By Product, 2018-2023 (USD Billion)
Table 23 Asia-Pacific Diagnostic Imaging Market, By Product, 2025-2030 (USD Billion)
Table 24 Asia-Pacific Diagnostic Imaging Market, By End User, 2018-2023 (USD Billion)
Table 25 Asia-Pacific Diagnostic Imaging Market, By End User, 2025-2030 (USD Billion)
Table 26 Asia-Pacific Diagnostic Imaging Market, by Region, 2018-2023 (USD Billion)
Table 27 Asia-Pacific Diagnostic Imaging Market, by Region, 2025-2030 (USD Billion)
Table 28 RoW Diagnostic Imaging Market, By Product, 2018-2023 (USD Billion)
Table 29 RoW Diagnostic Imaging Market, By Product, 2025-2030 (USD Billion)
Table 30 RoW Diagnostic Imaging Market, By End User, 2018-2023 (USD Billion)
Table 31 RoW Diagnostic Imaging Market, By End User, 2025-2030 (USD Billion)
Table 32 RoW Diagnostic Imaging Market, by Region, 2018-2023 (USD Billion)
Table 33 RoW Diagnostic Imaging Market, by Region, 2025-2030 (USD Billion)
Table 34 Snapshot – GE Healthcare
Table 35 Snapshot – Hitachi Ltd.
Table 36 Snapshot – Siemens AG
Table 37 Snapshot – Samsung Medison
Table 38 Snapshot – Carestream Health
Table 39 Snapshot – Koninklijke Philips N.V.
Table 40 Snapshot – Esaote S.P.A
Table 41 Snapshot – Shimadzu Corporation
Table 42 Snapshot – Toshiba Corporation
Table 43 Snapshot – Fujifilm Holdings Corporation 

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Diagnostic Imaging Market  - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Diagnostic Imaging Market Highlight
Figure 12 Global Diagnostic Imaging Market, By Product, 2018 - 2030 (USD Billion)
Figure 13 Global Diagnostic Imaging Market, By End User, 2018 - 2030 (USD Billion)
Figure 14 Global Diagnostic Imaging Market, by Region, 2018 - 2030 (USD Billion)
Figure 15 North America Diagnostic Imaging Market Highlight
Figure 16 North America Diagnostic Imaging Market, By Product, 2018 - 2030 (USD Billion)
Figure 17 North America Diagnostic Imaging Market, By End User, 2018 - 2030 (USD Billion)
Figure 18 North America Diagnostic Imaging Market, by Region, 2018 - 2030 (USD Billion)
Figure 19 Europe Diagnostic Imaging Market Highlight
Figure 20 Europe Diagnostic Imaging Market, By Product, 2018 - 2030 (USD Billion)
Figure 21 Europe Diagnostic Imaging Market, By End User, 2018 - 2030 (USD Billion)
Figure 22 Europe Diagnostic Imaging Market, by Region, 2018 - 2030 (USD Billion)
Figure 23 Asia-Pacific Diagnostic Imaging Market Highlight
Figure 24 Asia-Pacific Diagnostic Imaging Market, By Product, 2018 - 2030 (USD Billion)
Figure 25 Asia-Pacific Diagnostic Imaging Market, By End User, 2018 - 2030 (USD Billion)
Figure 26 Asia-Pacific Diagnostic Imaging Market, by Region, 2018 - 2030 (USD Billion)
Figure 27 RoW Diagnostic Imaging Market Highlight
Figure 28 RoW Diagnostic Imaging Market, By Product, 2018 - 2030 (USD Billion)
Figure 29 RoW Diagnostic Imaging Market, By End User, 2018 - 2030 (USD Billion)
Figure 30 RoW Diagnostic Imaging Market, by Region, 2018 - 2030 (USD Billion)