2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What External and Internal Drivers Are Contributing to the Growth of theDiagnostic Imaging Services Market?

The escalating number of chronic illnesses globally is anticipated to fuel the expansion of the diagnostic imaging services sector. These services, involving ultrasound, fluoroscopy, nuclear medicine, CT scans and radiographs, are leveraged to examine the internal parts of the body for diagnosing various enduring and non-transferable illnesses. As per the World Health Organization’s February 2022 report, cancer is a primary death cause worldwide, accounting for nearly one in six deaths or nearly 10 million lives. In the United States, one individual succumbs to cardiovascular disease every 34 seconds. WHO states that cardiovascular disease causes an estimated 17.9 million deaths annually worldwide. Accordingly, the rising instances of chronic illnesses like cancer, cardiovascular ailments, stroke, diabetes, and arthritis are expected to boost the need for diagnostic imaging services.

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How Will the Growth Rate of theDiagnostic Imaging Services Market Impact Industry Trends by 2034?

The market for diagnostic imaging services has experienced robust growth in the past few years. It is poised to expand from $538.26 billion in 2024 to $569.47 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. Factors that fuelled growth during the historical duration include an aging population, advancements in healthcare infrastructure, the rise in medical tourism, disease prevalence, and research and development efforts.

The market size for diagnostic imaging services is forecasted to witness significant expansion in the coming years. The market is set to reach $713.03 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.8%. The anticipated growth in this period is due to the rising demand for remote diagnostics, personalized medicine, incorporation of telemedicine, transition to outcomes-based payment models, and the uptake of environmentally friendly procedures. Key trends anticipated during the forecast period consist of the application of blockchain in healthcare, the use of augmented reality (AR) in imaging, the outsourcing of diagnostic services, inclusive imaging, and ongoing innovations in imaging.

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Which Upcoming Market Trends and Innovations Are Set to Influence theDiagnostic Imaging Services Market’s Path Forward?

Key players in the diagnostic imaging services market are shifting their focus toward the implementation of artificial intelligence and the incorporation of blockchain technology to transform diagnostic imaging. AI refers to the replication of human cognitive functions by machines, typically for tasks that require human intervention. As an example, in February 2023, RadNet, a healthcare firm from the USA, unveiled an innovative service named enhanced breast cancer detection (EBCD) to elevate the accuracy of breast cancer screenings for women. This service includes an additional AI-guided review, named “Accord,” for instances that raise suspicion, ensuring comprehensive evaluations. Additionally, EBCD offers a comprehensive lifetime risk assessment for breast cancer, which aids patients in understanding their personal risk factors and guides the development of personalized screening strategies.

Who Are the Dominant Market Players Pushing the Boundaries of theDiagnostic 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

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What Are the Core Segments of the Diagnostic Imaging Services Market, and How Do They Contribute to Growth?

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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What Regions Are Dominating the Diagnostic Imaging Services Market Growth?

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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