Australia Diagnostic Imaging Equipment Market Size and Share
Australia Diagnostic Imaging Equipment Market Analysis by Mordor Intelligence
The Australian diagnostic imaging equipment market size is estimated to be USD 1.03 billion in 2025 and is expected to reach USD 1.42 billion by 2030, growing at a CAGR of 6.48% during the forecast period (2025-2030). Demand scales with the prevalence of chronic diseases, rapid AI deployment across modalities, and record public spending on hospital infrastructure in both countries.[1]Australian Institute of Health and Welfare, “Chronic conditions and multimorbidity,” aihw.gov.au Additional momentum comes from private-equity consolidation of imaging chains, helium-free MRI innovations that curb running costs, and teleradiology networks that extend specialist reach into sparsely populated regions. Capital-cost headwinds, sonographer shortages, and radio-isotope logistics temper growth yet are being offset by flexible finance models, national training grants, and modality-agnostic rebate reform. Overall, the Australia diagnostic imaging equipment market continues to benefit from synchronized policy, technology, and investment cycles that favor sustained equipment renewal and fleet expansion.
Key Report Takeaways
- By modality, ultrasound held 30.12% of the Australian diagnostic imaging equipment market share in 2024, while computed tomography is expected to log the fastest growth rate of 7.97% through 2030.
- By portability, fixed systems captured 81.84% share of the Australian diagnostic imaging equipment market size in 2024, and mobile or handheld platforms are forecast to expand at a 7.12% CAGR to 2030.
- By application, oncology accounted for a 25.08% share of the Australian diagnostic imaging equipment market size in 202,4, whereas cardiology is advancing at a 7.81% CAGR over 2025-2030.
- By end-user, hospitals commanded 69.95% of the Australian diagnostic imaging equipment market share in 2024; diagnostic imaging centers registered the highest 7.68% CAGR through 2030.
Australia Diagnostic Imaging Equipment Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rise in Prevalence of Chronic Diseases | +1.8% | Global, with higher burden in Australia | Long term (≥ 4 years) |
| Growing Geriatric Population | +1.5% | Australia core | Long term (≥ 4 years) |
| Increased Adoption of Advanced Imaging Technologies | +1.2% | Global, led by urban centers | Medium term (2-4 years) |
| Private-Sector Centre Consolidation | +0.9% | Australia | Short term (≤ 2 years) |
| Growth of Teleradiology in Remote Areas | +0.7% | Rural Australia focus | Medium term (2-4 years) |
| Government Initiatives with Respect to Diagnostics | +0.4% | National, with early gains in major cities | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Rise in Prevalence of Chronic Diseases
Cardiovascular disease and cancer remain leading death drivers, keeping demand for routine multimodal scans high. Indigenous Australians lose nearly 240,000 healthy life-years annually from illness, prompting targeted imaging subsidies in underserved regions.[2]Taylor & Francis, “Australian Burden of Disease Study,” tandfonline.com Vendors now bundle AI triage engines such as GE HealthCare’s CareIntellect to accelerate report delivery for complex oncology pathways. National health data agencies standardize coding to track chronic-disease imaging volumes, supporting predictable equipment upgrades.
Growing Geriatric Population
Australia’s over-65 cohort expands by roughly 3.3% annually, raising incidences of osteoporotic fractures and neurodegenerative disorders that demand age-adapted imaging. Policy frameworks under the National Medical Workforce Strategy address geographic maldistribution that leaves rural elderly communities short of radiology services. Helium-free MRI, such as Siemens MAGNETOM Flow, reduces cryogen dependency while incorporating mood-lighting and noise dampening, addressing comfort concerns for elderly scans. Virtual-care megatrends project remote check-ins with integrated image sharing, shrinking repeat hospital visits for seniors.
Increased Adoption of Advanced Imaging Technologies
Annalise.ai’s CT Brain model, live in 120 Sonic Healthcare sites, improves stroke-lesion detection by 45% and showcases local AI commercialization aptitude. Canon’s Aquilion ONE INSIGHT Edition integrates machine learning for organ-adaptive dose optimization and recently won the 2024 Minnies Award. Handheld ultrasound accelerates point-of-care adoption, with GE’s Vscan Air rated best for workflow and image quality by domain experts. Regulators have introduced fast-track files for software-as-a-medical-device so hospitals can pilot AI within shorter procurement cycles.
Private-Sector Centre Consolidation
Private equity deployed USD 4.5 billion across Australian healthcare in 2022, with diagnostic imaging the headline target. Affinity Equity’s USD 965 million move for Lumus Imaging creates a 150-site network that can standardize AI platforms and negotiate national service contracts. Integral Diagnostics’ merger with Capitol Health positions the enlarged group to deploy Aidoc triage software across both countries, improving workflow automation. Larger chains gain leverage to secure bulk-billing volumes under Medicare reforms that aim for 90% GP billing rates by 2030.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Capital Cost of Advanced Modalities | -1.4% | Australia | Medium term (2-4 years) |
| Workforce Shortage of Sonographers | -1.1% | Australia core | Long term (≥ 4 years) |
| Helium Supply Volatility for MRI | -0.8% | Global, with Australia production ending | Short term (≤ 2 years) |
| Radio-Isotope Waste-disposal Rules | -0.5% | National, with ANSTO facility impacts | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Capital Cost of Advanced Modalities
High capital expenditure requirements for next-generation imaging systems create procurement barriers, particularly for smaller healthcare facilities. High-end 3 T MRI or spectral CT can exceed USD 3 million per unit, a threshold that strains district hospitals. Vendor finance packages and leasing are expanding, yet smaller sites still delay upgrades until depreciation schedules end. Australia’s equipment-lifespan rules grant exemptions for early replacement if efficiency gains are proven, encouraging helium-free swaps. Regulatory compliance costs add complexity, with TGA application audit updates focusing on high-risk devices requiring comprehensive documentation for conformity assessments.
Workforce Shortage of Sonographers
Australia lacks approximately 3,000 qualified sonographers and faces similar challenges, with only one university currently training general sonographers, resulting in a shortage that exceeds 120 full-time equivalent positions. Private practices conduct 70% of ultrasounds but offer limited placements for trainees, creating a bottleneck that affects appointment wait times.[3]Australasian Sonographers Association, “Workforce Australia,” sonographers.org The ASA requests USD 3.466 million over three years to support clinical training placements and regulatory inclusion, aiming to address the 15-year workforce shortage.
Segment Analysis
By Modality: AI Integration Drives CT Expansion
Computed tomography posted the quickest 7.97% CAGR, helping the Australian diagnostic imaging equipment market diversify beyond ultrasound leadership. The CT upswing aligns with bedside units, such as Siemens SOMATOM On-site, that bring neuroimaging directly to intensive care beds. Ultrasound remains indispensable across obstetrics, emergency, and primary care pathways due to its portability and cost advantages. MRI growth benefits from helium-free magnet launches that trim life-cycle costs by up to 30%. X-ray systems have shifted toward flat-panel detectors and streamlined workflow guidance, while fluoroscopy platforms incorporate AI-driven dose optimization. Nuclear imaging’s progress hinges on isotope supply; yet, PET-CT retains its niche strength in oncology staging, backed by rebate increases. Mammography manufacturers are incorporating short scan times and AI lesion triage to meet breast-screening mandates. Together, these upgrades sustain a healthy replacement cycle that underpins modality-level revenue growth within the Australian diagnostic imaging equipment market.
The segment’s technology race fosters multi-vendor AI ecosystems, where algorithms from local firms like Harrison.ai can be deployed across hardware from Canon, GE, or Philips. Vendor neutrality helps private imaging chains standardize analytics fleetwide. As reimbursement now rewards quality metrics over raw throughput, software that reduces repeat scans or accelerates diagnosis holds commercial upside. This environment keeps CT and MRI demand resilient, even when capital budgets are tightened. The Australian diagnostic imaging equipment industry, therefore, witnesses continuous innovation in modalities that align clinical outcomes with cost-containment goals.
Note: Segment shares of all individual segments available upon report purchase
By Portability: Mobile Systems Gain Momentum
Fixed rooms still account for 81.84% of revenue, thanks to their comprehensive capabilities; however, mobile and handheld devices are starting to reshape workflows within the Australian diagnostic imaging equipment market. Handheld ultrasound alone recorded more than 2,600 emergency department scans across regional hospitals, achieving a 94% diagnostic utility. Mobile CT and MRI reduce patient transfers, thereby lowering the risk of in-hospital complications. Rural outreach programs leverage truck-mounted magnet units, creating new capital-leasing opportunities for vendors.
The rising adoption of point-of-care services also reflects clinician demand for real-time triage in primary care settings. Artificial intelligence embedded in devices like Philips Lumify automates measurement tasks, which broadens user segments beyond specialist radiologists. Regulatory authorities now provide accelerated routes for low-risk portable devices, shortening the time to market. Collectively, these forces push portability CAGR to 7.12%, reinforcing the decentralization trend that drives incremental equipment sales across the Australian diagnostic imaging equipment market.
By Application: Cardiology Accelerates Growth
Oncology accounted for a 25.08% share in 2024, as scan volumes rose in tandem with higher cancer incidence. Cardiology, however, displays the strongest forecast CAGR of 7.81% due to growing cardiovascular morbidity, new CT-FFR workflows, and AI-based echo automation. GE HealthCare’s Revolution Vibe CT offers unlimited one-beat cardiac imaging, which cuts motion artifacts and reduces beta-blocker pre-medication needs.
Neurology rides on stroke program investments, with AI triage halving door-to-needle time for thrombolysis. Orthopedics benefits from upright CT scans that examine weight-bearing joints, enhancing surgical planning. Gastroenterology utilizes endoscopic ultrasound hybrids for lesion assessment, while women’s health ultrasound incorporates advanced placenta accretion markers. Cross-fertilization between applications ensures steady scanner utilization and secures annuity service contracts, which expand the Australian diagnostic imaging equipment market size.
Note: Segment shares of all individual segments available upon report purchase
By End User: Imaging Centers Expand Rapidly
Hospitals held a 69.95% share in 2024, thanks to their dominance in acute care; however, dedicated imaging centers are racing ahead with a 7.68% CAGR as consolidation unlocks scale. Affinity Equity’s Lumus Imaging rollout advances center count, leading to bulk purchasing that lowers per-scan costs. Sonic Healthcare’s network deploys AI across 120 sites, demonstrating how centralized IT can rapidly enhance diagnostic quality.
Primary-care clinics enhance triage capabilities through handheld ultrasound, thereby shortening referral loops and alleviating hospital bottlenecks. Mixed-model chains that pair imaging with pathology services also emerge, capturing synergies through cross-selling. The Australian diagnostic imaging equipment market, therefore, sees end-user segmentation widen, providing vendors multiple purchase channels.
Geography Analysis
Australia accounted for 84.78% of revenue in 2024, driven by a USD 69.8 million MRI licensing expansion and a USD 266.9 million nuclear medicine rebate pool, which together lifted scan volumes across urban and regional sites. Workforce gaps remain acute, with a deficit of 3,000 sonographers, resulting in scan wait times exceeding 30 days in some states. Supply-chain vulnerabilities include technetium-99m outages and the reliance on imported helium for legacy magnets; however, the fast adoption of helium-light platforms mitigates this risk.
The policy emphasis on timely imaging aligns with the Needs-Based Funding frameworks, which channel blended payments to providers who achieve service-level benchmarks. This integrated approach supports sustainable capital allocation and underpins a resilient long-term outlook for the Australian diagnostic imaging equipment market.
Competitive Landscape
Market power is shared by multinational OEMs, including Siemens Healthineers, GE HealthCare, Philips, Canon, and Fujifilm, alongside fast-growing AI specialists such as Annalise.ai and Harrison.ai. The top five equipment suppliers collectively control a significant share of installed systems, while service chains such as Sonic Healthcare, Integral Diagnostics, Lumus Imaging, and I-Med network broaden their purchasing influence. Harrison.ai secured USD 112 million in 2025 to refine multi-modality algorithms now used by half of Australian radiologists, covering 6 million patients annually.
Strategic alliances move the needle. GE HealthCare collaborates with NVIDIA to co-develop autonomous X-ray positioning and ultrasound scanning solutions, addressing staff shortages and enhancing throughput. Siemens introduces Ciartic Move, a self-driving C-arm that cuts intra-operative imaging time by up to 50%. Philips’ BlueSeal helium-light MRI reduces energy use by 40 MWh annually per system, securing eco-credibility and appealing to hospital-sustainability charters.
Disruptive entrants include Micro-X, which won a USD 16.4 million ARPA-H grant to create a full-body mobile CT that may challenge incumbent scanner architecture. AI interoperability remains the pivot on which providers choose vendors, pushing legacy suppliers to open software interfaces. These dynamics sustain competitive intensity even as the Australia diagnostic imaging equipment market gradually concentrates through mergers and platform standardization.
Australia Diagnostic Imaging Equipment Industry Leaders
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Siemens Healthineers AG
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Koninklijke Philips N.V.
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GE HealthCare
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Canon Medical Systems Corp
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Fujifilm Holdings Corp
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- February 2025: Australian X-ray innovator Micro-X secured up to USD 16.4 million from ARPA-H to build a full-body mobile CT scanner.
- November 2024: Philips partnered with Edith Cowan University to expand clinical-ultrasound training across the Asia-Pacific region.
- May 2024: Mercy Radiology and Mobile Health Group launched a mobile PET-CT service to widen community access.
Australia Diagnostic Imaging Equipment Market Report Scope
According to the report's scope, diagnostic imaging is used to capture images of the internal human body structure using electromagnetic radiation for accurate patient diagnosis. There are various modalities in medical imaging, the most common ones being CT scans and MRI systems.
The Australian diagnostic imaging equipment market is segmented by modality, application, and end user. Based on modality, the market is segmented into MRI, computed tomography, ultrasound, X-ray, nuclear imaging, fluoroscopy, and mammography. Based on application, the market is segmented into cardiology, oncology, neurology, orthopedics, gastroenterology, gynecology, and other applications. Based on end-user, the market is segmented into hospitals, diagnostic centers, and other end-users. The report also covers the market sizes and forecasts for the Australian diagnostic imaging equipment market. The market size is provided for each segment in terms of value (USD).
| MRI |
| Computed Tomography (CT) |
| Ultrasound |
| X-ray |
| Nuclear Imaging (SPECT / PET) |
| Fluoroscopy |
| Mammography |
| Fixed Systems |
| Mobile and Hand-held Systems |
| Cardiology |
| Oncology |
| Neurology |
| Orthopedics |
| Gastroenterology |
| Gynecology |
| Other Applications |
| Hospitals |
| Diagnostic Imaging Centres |
| Other End-users |
| By Modality | MRI |
| Computed Tomography (CT) | |
| Ultrasound | |
| X-ray | |
| Nuclear Imaging (SPECT / PET) | |
| Fluoroscopy | |
| Mammography | |
| By Portability | Fixed Systems |
| Mobile and Hand-held Systems | |
| By Application | Cardiology |
| Oncology | |
| Neurology | |
| Orthopedics | |
| Gastroenterology | |
| Gynecology | |
| Other Applications | |
| By End User | Hospitals |
| Diagnostic Imaging Centres | |
| Other End-users |
Key Questions Answered in the Report
What is the 2024 value of the Australia diagnostic imaging equipment sector?
The market was valued at USD 0.97 billion in 2024.
How fast is computed tomography expanding in the region?
CT is projected to grow at a 7.97% CAGR between 2025 and 2030.
Which segment commands the largest application share?
Oncology leads with 25.08% of total 2024 revenue.
Why are helium-free MRI systems gaining traction?
They cut operational costs, lessen supply-chain risk, and improve sustainability goals.
What government action will widen MRI access from 2025?
Australia's Medicare moves to practice-based licensing, moving the number of eligible MRI scanners from 227 to 620.
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