Global Diagnostic Imaging Services Market
Medical Equipment

Growth Opportunities and Trends in the Diagnostic Imaging Services Market: Key Insights for 2025-2034

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What key factors are powering the surge in the diagnostic imaging services market right now?

The sector of diagnostic imaging services has seen robust expansion in the past years. The market size, which stands at $538.26 billion in 2024, is projected to increase to $569.47 billion by 2025, exhibiting a compound annual growth rate (CAGR) of 5.8%. Multiple factors are credited for this growth during the historical period, including an older population, progress in healthcare infrastructure, rise in medical tourism, disease incidence, and advancements in research and development.

How fast Is the diagnostic imaging services market expected to grow, and what’s its future value?

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What are the leading drivers of growth in the diagnostic imaging services market?

The global surge in chronic disease incidences is anticipated to stimulate the growth of the diagnostic imaging services market in the future. Techniques like ultrasound, fluoroscopy or nuclear medicine, radiographs, and CT scans, which reveal the inner workings of the body for diagnosing various non-communicable or chronic diseases, come under diagnostic imaging services. To illustrate, the WHO stated in February 2022 that cancer was a global leading cause of death, accounting for nearly one in six deaths, or close to 10 million fatalities. In the USA, cardiovascular disease claims a life every 34 seconds. The WHO estimates that around 17.9 million deaths are caused by cardiovascular disease globally each year. Therefore, the rising prevalence of chronic conditions such as cancer, cardiovascular disease, stroke, diabetes, and arthritis will boost the demand for the diagnostic imaging services market.

What are the key segments defining the diagnostic imaging services market?

The diagnostic imaging services market covered in this report is segmented –

1) By Type: X-Ray Imaging, Ultrasound, Magnetic Resource Imaging, Computed Tomography, Nuclear Imaging, Mammography

2) By Application: Cardiology, Gynecology Or OBS, Orthopedics And Musculoskeletal, Oncology, Neurology And Spine, General Imaging

3) By End User: Hospitals, Diagnostic Imaging Centers, Ambulatory Imaging Centers, Other End Users

Subsegments:

1) By X-Ray Imaging: Conventional X-Ray, Digital X-Ray, Fluoroscopy

2) By Ultrasound: Diagnostic Ultrasound, 3D Or 4D Ultrasound, Doppler Ultrasound

3) By Magnetic Resonance Imaging (MRI): Closed MRI, Open MRI, Functional MRI (fMRI)

4) By Computed Tomography (CT): Single-Slice CT, Multi-Slice CT, Cone Beam CT

5) By Nuclear Imaging: Positron Emission Tomography (PET), Single Photon Emission Computed Tomography (SPECT), Bone Scintigraphy

6) By Mammography: Screen-Film Mammography, Digital Mammography, 3D Mammography

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Who are the key players steering the development of the diagnostic imaging services market?

Major companies operating in the diagnostic imaging services market include Hitachi Ltd., Siemens Healthineers AG, Fujifilm Holdings Corporation, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Sonic Healthcare Ltd., Hologic Inc., Mindray Medical International Limited, Varian Medical Systems Inc., Shimadzu Corporation, Agfa-Gevaert Group NV, Carestream Health Inc., Bracco Imaging S.p.A., RadNet Inc., Neusoft Medical Systems Co. Ltd., Konica Minolta Healthcare Americas Inc., Alliance Healthcare Services Inc., Analogic Corporation, Samsung Medison Co. Ltd., Canon Medical Systems Corporation, Esaote S.p.A., MedQuest Associates Inc., Novarad Corporation, Swissray Global Healthcare Holding Ltd., Aurora Imaging Technology Inc., Planmed Oyj, CurveBeam LLC

What emerging trends are influencing the growth of the diagnostic imaging services market?

Key corporations involved in the diagnostic imaging services market are shifting their focus towards incorporating artificial intelligence and integrating blockchain technology with a view to transforming diagnostic imaging. Artificial intelligence (AI) refers to the duplication of human intellect by machines for the execution of tasks traditionally reserved for humans. As an illustration, in February 2023, RadNet, an American healthcare firm, introduced an upgraded service for breast cancer detection (EBCD) with the aim of enhancing the precision of breast cancer screenings for women. Inclusive in this service is an AI-aided review known as “Accord” for specific suspect exams, providing comprehensive check-ups. Moreover, EBCD delivers a detailed lifetime risk evaluation for breast cancer, educating patients about their unique risk factors and shaping personalized screening plans.

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Which regions are most influential in expanding the diagnostic imaging services market?

North America was the largest region in the diagnostic imaging services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the diagnostic imaging services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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