POC Medical Imaging Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of thePOC Medical Imaging Market?
The surge in chronic diseases is anticipated to spur the expansion of the point-of-care medical imaging market in the future. Chronic diseases are long-term health conditions that affect a large number or proportion of a population at any given moment. Factors contributing to this trend include lifestyle choices, genetic factors, environmental influences, and aging populations. Point-of-care medical imaging plays a vital role in managing chronic diseases by offering crucial diagnostic information on-site and in real-time. It empowers healthcare providers to observe disease development and inform treatment strategies. For example, in September 2022, the Switzerland-based global public health organization, the World Health Organization, stated that chronic diseases accounted for 74% of global deaths. Approximately 17 million people per year die prematurely, before reaching 70, due to chronic diseases, with 86% of these deaths occurring in low to middle-income countries. Moreover, it is projected that chronic diseases will rise to 70% and the worldwide disease burden will increase to 56% by 2030. Therefore, the surge in chronic diseases is propelling the future growth of the point-of-care medical imaging market.
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#What is the Anticipated CAGR of thePOC Medical Imaging Market, and What Factors Will Drive It?
Over the past few years, the market size of POC medical imaging has shown consistent growth. The market is projected to increase from $1.41 billion in 2024 to $1.47 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 3.9%. This progress in the historical timeframe is linked to various factors such as increased accessibility to remote and underserved regions, a rise in chronic disease prevalence, better connectivity and mobility, an increase in telemedicine and remote consultations, as well as targeted governmental initiatives.
In the coming years, the Point-of-care (POC) medical imaging market is projected to experience substantial growth. By 2029, it’s anticipated to expand to “$1.8 billion, exhibiting a compound annual growth rate (CAGR) of 5.3%. This upward trajectory during the forecast period may be linked to the emergence of innovative imaging procedures, investments in research and development, the advent of personalized and precision medicine, advancements in wireless connectivity, and an emphasis on quick diagnostics. AI-powered interpretation and analytics, remote surveillance and telemedicine, a focus on cost-efficiency, enlargement of point-of-care testing, and the creation of devices compatible with smartphones are among the major trends expected during the forecast period.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of thePOC Medical Imaging Market?
Major players in the point-of-care (POC) medical imaging sector are concentrating their efforts on the creation of premier products such as advanced imaging solutions, which can enhance diagnostic precision, streamline workflow, and provide real-time results at the point of care, improving patient results. These innovative imaging technologies provide high-resolution diagnostic images in a quick and efficient manner, allowing healthcare professionals to make knowledge-based choices at the point of care. For example, Mindray, a medical device firm based in China, introduced the TEX20 Series in June 2022. The TEX20 Series delivers superior imaging coupled with enhanced mobility, making it well-suited for a range of clinical setups. Incorporating advanced imaging technologies and features that are easy to use, the TEX20 Series is designed to raise the benchmark for POC medical imaging, letting healthcare professionals provide effective and efficient patient care in different circumstances.
Who Are the Key Market Players Influencing the Growth of the Corn and POC Medical Imaging Industry?
Major companies operating in the POC medical imaging market include GE Healthcare Technologies Inc., Siemens Healthineers AG, Canon Medical Systems Corp., Samsung Medison Co. Ltd., Xoran Technologies LLC, NeuroLogica Corp., Fujifilm Holdings Corporation, Carestream Health Inc., Philips Medical Systems Technologies Ltd., Mindray Medical India Pvt. Ltd., Esaote Biomedica SpA, CurveBeam AI Limited, Planmed Oy, F. Hoffman-La Roche AG, Becton Dickinson and Company, Toshiba Medical Systems Corporation, Neusoft Medical Systems, Hitachi Medical Systems America Inc., Hologic Inc., Quidel Corporation, Shimadzu Corporation, Opko Health Inc., Roche Diagnostics, Agfa-Gevaert N.V., Konica Minolta Inc., Bracco Imaging S.p.A., Sectra AB, Abbott Laboratories, Danaher Corporation, Butterfly Network Inc.
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Which Key Market Segments Comprise the POC Medical Imaging Market and Drive Its Revenue Growth?
The POC medical imaging market covered in this report is segmented –
1) By Product: X-Ray, CT, Ultrasound
2) By Application: Cardiology, Gynecology Or Obstetrics, Oncology, Orthopedics, Neurology, Other Applications
3) By End-User: Hospitals, Clinics and Diagnostic Centers, Ambulatory Surgical Centers (ASCs), Home Care Settings
Subsegments:
1) By X-Ray: Portable X-Ray Machines, Mobile X-Ray Units, Digital X-Ray Systems
2) By CT (Computed Tomography): Portable CT Scanners, Mobile CT Units, Cone Beam CT Systems
3) By Ultrasound: Portable Ultrasound Devices, Handheld Ultrasound Systems, Compact Ultrasound Machines
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Which Regions Are Emerging as Leaders in the POC Medical Imaging Market?
North America was the largest region in the POC medical imaging market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global POC medical imaging market report during the forecast period. The regions covered in the POC medical imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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