The Business Research Company’s 2026 market reports include new capabilities such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, aimed at improving the depth, usability, and strategic value of the insights delivered.
What Market Size Expansion Is Predicted For The Medical Imaging Equipment Market Between 2026 And 2030?_x000D_
The medical imaging equipment market size has demonstrated substantial growth in recent years. It is projected to expand from $48.52 billion in 2025 to $51.23 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 5.6%. Historically, this market’s expansion can be attributed to several factors: the increasing prevalence of chronic diseases, the broadening of diagnostic imaging centers, a rising demand for early disease detection, growing investments in healthcare infrastructure, and ongoing technological advancements in imaging modalities._x000D_
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The medical imaging equipment market is anticipated to show robust expansion over the next few years. It is projected to grow to $63.5 billion in 2030, with a compound annual growth rate (CAGR) of 5.5%. This forecasted growth can be attributed to the rising adoption of AI-powered diagnostics, increasing demand for point-of-care imaging, the expansion of value-based healthcare models, growing investments in advanced imaging technologies, and a heightened focus on personalized medicine. Significant trends expected during this period include the increasing uptake of AI-assisted image analysis, a surging demand for portable and handheld imaging devices, the growing integration of multi-modality imaging systems, the broadening scope of precision and personalized diagnostic imaging, and an enhanced emphasis on workflow automation and imaging accuracy._x000D_
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What Drivers Are Influencing The Medical Imaging Equipment Market?_x000D_
The increasing incidence of chronic illnesses is anticipated to drive expansion in the medical imaging equipment market in the future. These are enduring health conditions characterized by gradual progression and prolonged duration, frequently spanning years or an entire lifespan. Their emergence is linked to evolving lifestyles, genetic susceptibilities, and demographic aging. Medical imaging equipment assists individuals with chronic diseases through enabling early discovery, precise identification, customized therapeutic strategies, and continuous observation of ailment advancement and treatment outcomes. As an illustration, in April 2025, data from the Centers for Disease Control and Prevention, a US-based federal agency, indicated that the proportion of adults with at least one chronic condition escalated to 76.4% in 2023, increasing from 59.5% among young adults to 93.0% in older adults. Concurrently, the incidence of multiple chronic conditions climbed to 51.4% in 2023, rising from 27.1% for young adults to 78.8% for older adults. Consequently, the growing occurrence of chronic illnesses is stimulating the expansion of the medical imaging equipment market._x000D_
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Which Market Segments Are Examined In The Medical Imaging Equipment Market Study?_x000D_
The medical imaging equipment market covered in this report is segmented –_x000D_
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1) By Equipment: Computed Tomography, X-Ray Systems, Magnetic Resonance Imaging (MRI) Systems, Ultrasound Systems, Nuclear Imaging Equipment, Mammography Equipment, Contrast Media Injectors, C-Arms And Fluoroscopy Device_x000D_
2) By Modality: Stand-Alone Devices, Portable Devices, Hand-Held Devices_x000D_
3) By Application: Cardiology, Neurology, Orthopedics, Gynecology, Oncology, Other Applications_x000D_
4) By End-User: Diagnostic Imaging Centers, Ambulatory Surgical Centers, Specialty Clinics, Research Institutes_x000D_
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Subsegments:_x000D_
1) By Computed Tomography (CT) Systems: Stationary CT Scanners, Portable Or Handheld CT Scanners_x000D_
2) By X-Ray Systems: Analog X-Ray Systems, Digital X-Ray Systems, Fluoroscopy X-Ray Systems_x000D_
3) By Magnetic Resonance Imaging (MRI) Systems: Closed MRI Systems, Open MRI Systems, Extremity MRI Systems_x000D_
4) By Ultrasound Systems: Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems, Portable Ultrasound Systems_x000D_
5) By Nuclear Imaging Equipment: Single Photon Emission Computed Tomography (SPECT), Positron Emission Tomography (PET) Scanners, Hybrid PET Or CT Scanners_x000D_
6) By Mammography Equipment: Analog Mammography Systems, Digital Mammography Systems, 3D Tomosynthesis Mammography Systems_x000D_
7) By Contrast Media Injectors: CT Contrast Media Injectors, MRI Contrast Media Injectors, PET Or CT Contrast Media Injectors_x000D_
8) By C-Arms And Fluoroscopy Devices: Mobile C-Arms, Mini C-Arms, Fixed C-Arms, Fluoroscopy Systems_x000D_
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Which Trends Are Influencing The Medical Imaging Equipment Market?_x000D_
Major companies operating in the medical imaging equipment market are focusing on developing advanced products, such as Next-generation ultrasound platforms, to boost imaging accuracy and diagnostic effectiveness. A Next-generation ultrasound platform signifies an advanced medical imaging system that integrates cutting-edge hardware, software, and imaging technologies to deliver superior image quality, enhanced diagnostic capabilities, real-time data processing, and improved workflow efficiency for clinicians. For instance, in September 2023, Exo Inc., a US-based medical imaging startup, introduced its newest imaging device, Exo Iris, which is designed to be affordable, compact, and simple to operate, making it available to a wide array of caregivers, including physicians, nurses, EMTs, and clinicians across emergency, acute care, outpatient, and at-home environments. Moreover, it features an ultra-wide field of view for imaging up to 150 degrees, allowing caregivers to capture an entire liver or full-body fetus in a single image, and the device is also equipped with Exo Works, a point-of-care ultrasound workflow solution, to effortlessly document and review exams in seconds from any location._x000D_
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Who Are The Primary Competitors In The Medical Imaging Equipment Market?_x000D_
Major companies operating in the medical imaging equipment market are Siemens Healthineers, GE Healthcare, Philips Healthcare, Canon Medical Systems, Fujifilm Medical Systems, Hitachi Healthcare, Shimadzu Corporation, Hologic Inc., Carestream Health, Mindray Medical International, Samsung Medison, Agfa-Gevaert Group, Analogic Corporation, Esaote S.p.A., Neusoft Medical Systems, Omega Medical Imaging, Oncovision, MinXray Inc., Digirad Corporation, Fonar Corporation, Planmed Oyj, Bracco S.p.A., CMR Naviscan Corporation, Imris Inc., Olea Medical Technologies, Sonosite Inc., Butterfly Network, Xoran Technologies, Alpinion Medical Systems_x000D_
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Which Regions Are Expected To Experience Rapid Expansion In The Medical Imaging Equipment Market?_x000D_
Asia-Pacific was the largest region in the medical imaging equipment market in 2025. The regions covered in the medical imaging equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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