Diagnostic Imaging Equipment Market Revenue Projected To Hit $68.72 Billion By 2030 With 4.8% CAGR
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What Expansion In Market Value Is Forecasted For The Diagnostic Imaging Equipment Market Between 2026 And 2030?
The diagnostic imaging equipment market has experienced steady expansion over recent years. It is anticipated to grow from $54.96 billion in 2025 to $57.05 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 3.8%. The historical growth of this market can be attributed to the increasing prevalence of chronic diseases, the expansion of hospital imaging infrastructure, a growing demand for early disease diagnosis, technological improvements in imaging modalities, and rising healthcare expenditure.
The diagnostic imaging equipment market is projected to experience consistent expansion over the upcoming years, with its size anticipated to reach $68.72 billion by 2030 at a compound annual growth rate (CAGR) of 4.8%. This projected growth is primarily driven by factors such as the increasing integration of AI-based diagnostic assistance, heightened investments in digital healthcare infrastructure, a surge in demand for point-of-care imaging solutions, the broadening reach of telemedicine services, and a greater emphasis on enhancing imaging efficiency. Key trends anticipated during this period encompass the wider embrace of AI-assisted imaging systems, a heightened need for portable diagnostic imaging equipment, the increasing incorporation of multi-modal imaging platforms, the development of high-resolution imaging technologies, and a stronger emphasis on automating workflows.
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Which Major Drivers Are Influencing The Expansion Of The Diagnostic Imaging Equipment Market?
The worldwide rise in chronic diseases is anticipated to boost the expansion of the diagnostic imaging equipment market. A chronic disease is defined as a condition persisting for a year or more, requiring ongoing medical attention, limiting daily functions, or a combination of these, encompassing ailments such as cancer and diabetes. The growing prevalence of chronic diseases stems from the widespread adoption of unhealthy habits like poor nutrition, lack of physical activity, tobacco consumption, and excessive alcohol intake, all of which substantially elevate global risk factors. Radiology’s imaging techniques play a crucial role in detecting various diseases, including diabetes, cancer, and cardiovascular disease, as well as chronic conditions that have not yet presented any symptoms. For instance, based on information from the International Diabetes Federation, a Belgium-based health organization, in 2025, it was reported that in 2024, approximately 589 million adults aged 20-79 were living with diabetes, with this figure expected to climb to 853 million by 2050, and notably, more than 4 in 5 adults with diabetes reside in low and middle income countries. Consequently, the global surge in chronic diseases is a key driver for the diagnostic imaging equipment market.
What Are The Main Segments Within The Diagnostic Imaging Equipment Market Segment Structure?
The diagnostic imaging equipment market covered in this report is segmented –
1) By Imaging Modality: X-Ray Systems Devices And Equipment, Ultrasound Systems Devices And Equipment, Computed Tomography (CT) Scanners Devices And Equipment, Magnetic Resonance Imaging Systems Devices And Equipment, Cardiovascular Monitoring And Diagnostic Devices And Equipment, Nuclear Imaging Devices And Equipment
2) By Product: Instruments Or Equipment, Imaging Accessories And Software
3) By Type of Expenditure: Public, Private
4) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
Subsegments:
1) By X-Ray Systems Devices And Equipment: Analog X-Ray Systems, Digital X-Ray Systems, Fluoroscopy Systems, Portable X-Ray Systems, Mammography Systems
2) By Ultrasound Systems Devices And Equipment: Diagnostic Ultrasound Systems, 2D Ultrasound Systems, 3D Or 4D Ultrasound Systems, Portable Ultrasound Systems
3) By Computed Tomography (CT) Scanners Devices And Equipment: Conventional CT Scanners, Spiral Or Helical CT Scanners, Multislice CT Scanners, Portable CT Scanners
4) By Magnetic Resonance Imaging Systems Devices And Equipment: Closed MRI Systems, Open MRI Systems, Extremity MRI Systems, High-Field MRI Systems, Low-Field MRI Systems
5) By Cardiovascular Monitoring And Diagnostic Devices And Equipment: ECG Systems, Echocardiography Systems, Stress Testing Systems, Cardiac Catheterization Equipment, Holter Monitoring Systems
6) By Nuclear Imaging Devices And Equipment: Positron Emission Tomography (PET) Scanners, Single-Photon Emission Computed Tomography (SPECT) Scanners, Hybrid PET Or CT Scanners, Gamma Cameras
Which Trends Are Shaping The Diagnostic Imaging Equipment Market?
Leading companies in the diagnostic imaging equipment market are prioritizing technological advancements, such as integrating sophisticated artificial intelligence (AI) capabilities into computed tomography (CT) systems. This effort aims to elevate image quality, streamline workflows, minimize radiation dose, and strengthen diagnostic confidence. These AI-driven systems automate repetitive tasks like positioning, reconstruction, and motion correction, thereby enabling radiologists to concentrate on complex scenarios and lessening the burden on overstretched imaging teams. As an example, in January 2025, Philips, a Netherlands-based health technology firm, unveiled its AI-enabled CT 5300. The CT 5300 features a NanoPanel Precise detector specifically engineered for AI reconstruction, alongside AI cardiac motion correction and intelligent workflow automation to improve speed, consistency, and diagnostic accuracy. Due to its AI-powered reconstruction software, the system achieves an 80% lower radiation dose, up to 85% lower noise, and enhanced low-contrast detectability. Furthermore, the system supports real-time remote collaboration through virtual tools, assisting centers in managing increasing patient volumes, staff shortages, and diverse case mixes more effectively.
Who Are The Companies Participating In The Diagnostic Imaging Equipment Market?
Major companies operating in the diagnostic imaging equipment market are Siemens AG, Koninklijke Philips NV, Fujifilm Holdings Corporation, General Electric Company, Carestream Health Inc., Hologic Inc., Mindray Medical International Limited, Canon Medical Systems Corporation, Esaote SpA, Shimadzu Medical Systems USA, Samsung Electronics Co. Ltd., Koning Corporation, Toshiba Medical Systems Corporation, Hitachi Medical Systems America Inc., Agfa-Gevaert NV, Analogic Corporation, Del Medical Inc., Esaote North America Inc., Imaging Dynamics Company Ltd., InfiMed Inc., Mediso Medical Imaging Systems Kft., NeuroLogica Corp., Planmed Oy, Shimadzu Corporation, SonoScape Medical Corp., SuperSonic Imagine SA, Terason, Toshiba America Medical Systems Inc., Ziehm Imaging GmbH, Zonare Medical Systems Inc.
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Which Region Represents The Largest Share Of The Diagnostic Imaging Equipment Market?
Western Europe was the largest region in the global diagnostic imaging equipment market in 2025. North America was the second largest region in the global diagnostic imaging equipment market. Africa. was the smallest region in the global diagnostic imaging equipment market. The regions covered in the diagnostic imaging equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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