Unlocking Opportunities in the Diagnostic Imaging Equipment Market: Key Trends, Market Growth, and Forecast Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theDiagnostic Imaging Equipment Market?
The global rise in chronic diseases is expected to drive the demand for diagnostic imaging equipment. Chronic diseases, such as cancer and diabetes, require ongoing medical care and are often diagnosed through imaging techniques. The World Health Organization noted in September 2023 that noncommunicable diseases account for 74% of global deaths, with millions of people in low- and middle-income countries affected. The rising global incidence of chronic diseases is boosting the diagnostic imaging equipment market.
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#How Does the ProjectedDiagnostic Imaging Equipment Market Growth Compare Over the Forecast Period?
The diagnostic imaging equipment market has seen strong growth. It will grow from $56.96 billion in 2024 to $60.86 billion in 2025, at a CAGR of 6.9%. The growth is driven by the aging population, rising disease burden, healthcare reimbursement systems, and regulatory approvals for new technologies.
The diagnostic imaging equipment market is expected to maintain a steady upward trajectory, projected to hit $71.44 billion in 2029 with a CAGR of 4.1%. Growth will be fueled by AI advancements, remote diagnostic services, personalization in medicine, expansion in developing regions, and minimally invasive techniques. Major trends include increased use of 3D and 4D imaging, point-of-care solutions, lower radiation technologies, hybrid imaging systems, and environmental considerations.
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What Are the Current Market Growth and Trends in theDiagnostic Imaging Equipment Market That Industry Players Should Watch?
In the diagnostic imaging equipment market, companies are developing innovative technologies, such as the Aspire CT scanner, to improve diagnostic capabilities. In April 2022, Wipro Ltd. and GE HealthCare Technologies partnered to enhance this CT scanner’s imaging capabilities, operational efficiency, and accessibility, especially in underserved regions.
Which Companies Are Leading the Charge in Expanding theDiagnostic Imaging Equipment Market Growth?
Major companies operating in the diagnostic imaging equipment market include Siemens AG, Koninklijke Philips NV, Fujifilm Holdings Corporation, General Electric Company, Elekta AB, Carestream Health Inc., Hologic Inc., Medtronic plc, 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, Bracco Imaging SpA, 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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How is the Global Diagnostic Imaging Equipment Market Segemented?
The diagnostic imaging equipment market covered in this report is segmented –
1) By Type: 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 End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments Or Equipment, Disposables
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, Therapeutic 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
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Which Geographics are Influencing the Growth of the Diagnostic Imaging Equipment Market?
Western Europe was the largest region in the global diagnostic imaging equipment market in 2023. 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, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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