Australia Diagnostic Imaging Equipment Market Size and Share

Australia Diagnostic Imaging Equipment Market (2025 - 2030)
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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.  

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.

Australia Diagnostic Imaging Equipment Market: Market Share by Modality
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Note: Segment shares of all individual segments available upon report purchase

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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.

Australia Diagnostic Imaging Equipment Market: Market Share by Application
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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

  1. Siemens Healthineers AG

  2. Koninklijke Philips N.V.

  3. GE HealthCare

  4. Canon Medical Systems Corp

  5. Fujifilm Holdings Corp

  6. *Disclaimer: Major Players sorted in no particular order
Market concentration analysis of the Australia Diagnostic Imaging Equipment Market
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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.

Table of Contents for Australia Diagnostic Imaging Equipment Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rise in Prevalence of Chronic Diseases
    • 4.2.2 Growing Geriatric Population
    • 4.2.3 Increased Adoption of Advanced Imaging Technologies
    • 4.2.4 Private-Sector Centre Consolidation
    • 4.2.5 Growth of Teleradiology in Remote Areas
    • 4.2.6 Government Initiatives with Respect to Diagnostics
  • 4.3 Market Restraints
    • 4.3.1 Capital Cost of Advanced Modalities
    • 4.3.2 Workforce Shortage of Sonographers
    • 4.3.3 Helium Supply Volatility for MRI
    • 4.3.4 Radio-Isotope Waste-disposal Rules
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value)

  • 5.1 By Modality
    • 5.1.1 MRI
    • 5.1.2 Computed Tomography (CT)
    • 5.1.3 Ultrasound
    • 5.1.4 X-ray
    • 5.1.5 Nuclear Imaging (SPECT / PET)
    • 5.1.6 Fluoroscopy
    • 5.1.7 Mammography
  • 5.2 By Portability
    • 5.2.1 Fixed Systems
    • 5.2.2 Mobile and Hand-held Systems
  • 5.3 By Application
    • 5.3.1 Cardiology
    • 5.3.2 Oncology
    • 5.3.3 Neurology
    • 5.3.4 Orthopedics
    • 5.3.5 Gastroenterology
    • 5.3.6 Gynecology
    • 5.3.7 Other Applications
  • 5.4 By End User
    • 5.4.1 Hospitals
    • 5.4.2 Diagnostic Imaging Centres
    • 5.4.3 Other End-users

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Siemens Healthineers AG
    • 6.3.2 GE HealthCare
    • 6.3.3 Koninklijke Philips N.V.
    • 6.3.4 Canon Medical Systems Corp
    • 6.3.5 Fujifilm Holdings Corp
    • 6.3.6 Hologic Inc
    • 6.3.7 Mindray Bio-Medical Electronics
    • 6.3.8 Carestream Health
    • 6.3.9 Agfa-Gevaert Group
    • 6.3.10 Hitachi Healthcare
    • 6.3.11 Shimadzu Corp
    • 6.3.12 Samsung Medison
    • 6.3.13 Esaote SpA
    • 6.3.14 United Imaging
    • 6.3.15 Telix Pharmaceuticals
    • 6.3.16 Clarity Pharmaceuticals
    • 6.3.17 ANSTO
    • 6.3.18 Lumus Imaging (Healius)
    • 6.3.19 Integral Diagnostics
    • 6.3.20 Sonic Healthcare

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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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).

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
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
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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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