India Diagnostic Imaging Equipment Market Analysis by Mordor Intelligence
The India Diagnostic Imaging Equipment Market size is estimated at USD 2.06 billion in 2025, and is expected to reach USD 3.01 billion by 2030, at a CAGR of 7.92% during the forecast period (2025-2030). This growth trajectory reflects the country's shift toward self-reliance under the Production Linked Incentive scheme, which has funded 19 greenfield plants that now manufacture MRI scanners, CT systems, and other devices previously imported.[1]Source: Press Information Bureau, “PLI scheme incentivizes domestic manufacturing, increases production, creates new jobs and boosts exports,” pib.gov.in Indigenous innovation, including India’s first home-grown 1.5 T MRI scanner expected to cut examination costs by 30-50%, is lowering barriers to advanced imaging adoption. Demand is reinforced by an epidemiological transition marked by rising chronic disease prevalence, an expanding elderly cohort, and a national insurance push that is enlarging the reimbursable diagnostic pool. Meanwhile, multinational vendors are doubling down on AI-enhanced platforms and sealed-helium magnets, while domestic firms leverage cost advantages and policy incentives to challenge incumbents.
Key Report Takeaways
- By modality, X-ray systems led with 29.23% of the India diagnostic imaging equipment market share in 2024, whereas computed tomography is forecast to expand at an 8.97% CAGR through 2030.
- By portability, fixed installations accounted for 82.41% of the India diagnostic imaging equipment market size in 2024, while mobile and handheld systems are set to grow at an 8.12% CAGR to 2030.
- By application, oncology captured 24.83% revenue share of the India diagnostic imaging equipment market in 2024 and cardiology is advancing at an 8.81% CAGR through 2030.
- By end user, hospitals held 65.95% share of the India diagnostic imaging equipment market size in 2024, whereas diagnostic imaging centers record the highest projected CAGR at 8.07% during 2025-2030.
- South India commanded 29.48% of the India diagnostic imaging equipment market share in 2024; North India shows the fastest regional CAGR of 9.07% to 2030.
India 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 | +1.2% | National, with higher concentration in urban areas | Long term (≥ 4 years) |
| Growing Geriatric Population | +0.9% | National, with early gains in South India, West India | Long term (≥ 4 years) |
| Increased Adoption of Advanced Imaging Technologies | +1.5% | Metro cities and Tier-1 locations, expanding to Tier-2 | Medium term (2-4 years) |
| Government Insurance & PPP Thrust on Diagnostics | +1.1% | National, with focus on rural and underserved areas | Medium term (2-4 years) |
| Expansion of Teleradiology & Cloud-Based PACS in Tier-2/3 Cities | +0.8% | Tier-2 and Tier-3 cities, rural healthcare networks | Short term (≤ 2 years) |
| Production-Linked-Incentive (PLI) Scheme Boosting Local Manufacture | +1.3% | Manufacturing hubs in Karnataka, Tamil Nadu, Gujarat | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rise in Chronic Diseases
Diabetes now affects 11.4% of Indian adults, while hypertension touches 35.5%, and cancer incidence is forecast to increase to 549 per 100,000 inhabitants by 2031.[2]Source: Ranjit Mohan Anjana et al., “Metabolic non-communicable disease health report of India,” thelancet.com These numbers translate into sustained need for CT angiography, multiphase MRI, and PET-CT workflows capable of detecting early lesions and monitoring therapy response. Providers are shifting from single-modality rooms to integrated suites that streamline oncologic and cardiometabolic pathways, accelerating capital expenditure on high-slice CT and 3 T MRI. Gender-specific imaging protocols are emerging as women above 60 years show higher non-communicable disease prevalence, influencing scanner throughput planning and coil inventory. The chronic disease surge is therefore rewiring procurement decisions across the India diagnostic imaging equipment market.
Growing Geriatric Population
The number of Indians aged 60 years and above is climbing steadily, with higher life expectancy concentrated in southern and western states. Age-related musculoskeletal degeneration, neuro-degenerative conditions, and cardiovascular remodeling demand low-dose, comfort-optimized imaging systems. Hospitals are adding dual-energy X-ray absorptiometry, low-contrast cardiac CT, and silent MRI sequences to accommodate frail patients who may not tolerate lengthy procedures. In turn, vendors emphasize patient-centric ergonomics such as wide bores, noise-reduction software, and automated positioning, hallmarks now critical to competing in the India diagnostic imaging equipment market.
AI-Enabled and Advanced Imaging Adoption
GE HealthCare’s collaborations with NVIDIA and AWS to embed autonomous acquisition and cloud-based analytics into X-ray, ultrasound, and MRI systems exemplify the rapid digitization of radiology workflows. Siemens Healthineers’ MAGNETOM Flow platform reduces helium usage by 90% and integrates deep-learning reconstruction algorithms, lowering lifetime operating costs while boosting image clarity. The upgrade cycle initially unfolds in metros but quickly tracks along established referral corridors into Tier-2 cities as payors expand coverage for AI-assisted modalities. Handheld ultrasound devices such as Vscan Air already demonstrate 99.11% sensitivity for pediatric pneumonia versus 69.8% for chest radiography, catalyzing point-of-care adoption.
Insurance Expansion & PPP Programs
Ayushman Bharat PM-JAY received INR 9,406 crore in 2025, widening coverage for advanced imaging in secondary and tertiary care. Parallel PPP contracts bring multi-slice CT and 1.5 T MRI scanners into district hospitals, while a standardized fee schedule guarantees predictable reimbursement for private partners. The dedicated INR 4,200 crore Health Infrastructure Mission budget earmarks imaging purchases, enabling district-level hubs to service cluster facilities via hub-and-spoke teleradiology. As insurers ratify AI-based reporting, previously discretionary imaging procedures migrate into reimbursable categories, solidifying demand across the India diagnostic imaging equipment market.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High Equipment & Procedure Costs | -1.4% | National, with higher impact in rural and tier-3 cities | Medium term (2-4 years) |
| Shortage Of Skilled Radiologists & Technicians | -0.9% | National, with acute shortage in North and East India | Long term (≥ 4 years) |
| Fragmented Regulatory Approval Timelines for Indigenous Devices | -0.7% | National, affecting domestic manufacturers | Short term (≤ 2 years) |
| Supply-Chain Vulnerability for Critical Inputs (E.G., Liquid Helium) | -0.8% | National, with higher impact on MRI installations | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
High Equipment & Procedure Costs
Capital intensity remains a formidable hurdle as MRI and CT scanners can consume 20-25% of a mid-size hospital’s equipment budget. Smaller facilities rely on a USD 180 million secondary market for pre-owned units, which now equals 10% of overall medical equipment trade. Stakeholders continue to lobby for GST cuts on X-ray and diagnostic kits, arguing that a lower tax slab would widen adoption.[3]Source: Medical Buyer, “Industry call for rationalizing GST on diagnostic kits, x-ray equipment,” medicalbuyer.co.in Indigenous MRI prototypes priced 30-50% below imports promise relief, but scale-up hinges on validated clinical performance and after-sales networks, factors that still temper diffusion in the India diagnostic imaging equipment market.
Shortage of Skilled Radiologists & Technicians
India has almost doubled its medical colleges in a decade, yet sub-specialty radiology seats remain limited, perpetuating a mismatch between equipment availability and interpretive capacity. Vacancy rates are especially acute in North and East India, where imaging volumes outpace trained manpower. Teleradiology bridges gaps but relies on reliable broadband, often absent in rural belts. Vendors are embedding AI triage tools that flag critical findings, but regulatory approval for fully autonomous reads is still evolving. The workforce deficit therefore constrains throughput and return on investment for high-end devices, moderating growth of the India diagnostic imaging equipment market.
Segment Analysis
By Modality: X-Ray Dominance Amid CT Innovation
X-ray systems retained 29.23% share of the India diagnostic imaging equipment market in 2024 thanks to ubiquity in emergency and primary care. Computed tomography, however, is projected to post the fastest 8.97% CAGR as cardiac calcium scoring, trauma imaging, and oncology staging protocols proliferate in secondary and tertiary centers. Digital radiography upgrades, driven by lower detector prices and sharper images, are rapidly supplanting analog systems, while AI algorithms now automate fracture detection and tuberculosis screening. High-field MRI installations are also climbing, aided by domestic 1.5 T prototypes slated for clinical validation at AIIMS Delhi, which could shrink scan fees by over 30% and amplify the India diagnostic imaging equipment market size within the segment.
CT vendors increasingly bundle spectral imaging, metal-artifact reduction, and remote service diagnostics, reducing downtime and improving cost-per-study economics. Nuclear medicine retains a niche footprint confined to tertiary oncology hubs, yet PET-CT demand rises as precision oncology gains traction. Ultrasound remains the modality of choice for obstetrics, gastroenterology, and emergency evaluations, but handheld probes are gaining ground in out-of-hospital care. Overall, modality mix evolution underscores how technological sophistication and affordability now co-determine capital budgets across the India diagnostic imaging equipment market.
Note: Segment shares of all individual segments available upon report purchase
By Portability: Fixed Systems Lead, Mobile Solutions Accelerate
Fixed installations accounted for 82.41% of the India diagnostic imaging equipment market size in 2024, reflecting decades-old infrastructure geared to inpatient imaging and trauma care. Yet mobile and handheld devices are escalating at an 8.12% CAGR, buoyed by government vans serving rural districts and corporate wellness camps. Handheld ultrasound offers 99.11% sensitivity for pediatric pneumonia, surpassing chest X-ray and validating portable diagnostics’ clinical utility. Cart-based ultrasound and mobile DR units now include hotspot connectivity, funneling images to cloud PACS for instant reads.
Advances in battery density, wireless data transfer, and rugged casings have broadened deployment in disaster zones and sports medicine. Global Fund endorsements of portable X-ray solutions further legitimize the category. Over time, utilization of mobile scanners redeploys imaging load away from overburdened tertiary centers, expanding the India diagnostic imaging equipment market into new geographies while improving asset ROI.
By Application: Oncology Leadership, Cardiology Acceleration
Oncology captured 24.83% of the India diagnostic imaging equipment market in 2024 as multimodality imaging underpins every phase of cancer management. PET-CT fusion for metabolic mapping, diffusion-weighted MRI for response evaluation, and cone-beam CT for interventional procedures anchor purchasing decisions. Cardiology is set to log an 8.81% CAGR, tied to a 35.5% adult hypertension rate and rising CAD screening volume. High-temporal-resolution CT angiography, 3-D echocardiography, and cardiac MRI are gaining reimbursement traction, shifting procurement toward ECG-synchronized scanners.
Neurology rounds out high-growth niches as stroke protocols mandate sub-5-minute CT and perfusion imaging. Orthopedic centers invest in dual-energy CT for crystal arthropathy and low-dose trauma protocols. Gastroenterology leans on endoscopic ultrasound coupled with contrast-enhanced MRI for liver fibrosis staging. Such diversified clinical demand cements imaging as the diagnostic backbone across specialties, fortifying the India diagnostic imaging equipment market.
Note: Segment shares of all individual segments available upon report purchase
By End User: Hospital Dominance, Diagnostic Center Growth
Hospitals commanded 65.95% share of the India diagnostic imaging equipment market in 2024 because emergency rooms, surgical suites, and ICUs require on-premise scanners for real-time decisions. Diagnostic centers, though, are expanding at an 8.07% CAGR as urban patients prefer one-stop outpatient imaging with shorter waits and bundled wellness packages. Center chains leverage economies of scale to negotiate service contracts and centralized reporting, boosting uptime and reducing per-study costs.
Corporate preventive programs and telehealth triage funnel more routine scans to stand-alone facilities, freeing hospitals to focus on acute and interventional cases. Specialty clinics—orthopedics, cardiology, oncology—are adding in-house ultrasound and low-field MRI to expedite procedure planning. Together, these shifts diversify demand channels inside the India diagnostic imaging equipment market, encouraging vendors to tailor service models from enterprise-wide managed equipment services to pay-per-scan rentals.
Geography Analysis
South India led the India diagnostic imaging equipment market with 29.48% share in 2024, underpinned by high per-capita spend, dense medical college networks, and a robust medical tourism ecosystem. States like Karnataka and Tamil Nadu pioneer AI-embedded MRI installations and host manufacturing clusters benefiting from electronics supply chains. Regulatory compliance regimes are mature, enabling quicker installation certification and accelerating hybrid operating models that blend in-person and teleradiology workflows.
North India is the breakout growth engine, projected at a 9.07% CAGR through 2030, catalyzed by new AIIMS campuses and upgraded district hospitals funded by central schemes. Delhi-NCR functions as a hub for corporate insurance panels and attracts private equity into diagnostic center networks. Uttar Pradesh and Punjab drive volume through new cancer institutes and cath labs, while Haryana leverages proximity to the capital to launch PPP imaging suites. Still, workforce deficits necessitate aggressive adoption of AI pre-reads and cross-state teleradiology to meet burgeoning scan loads.
West India posts steady expansion anchored by Maharashtra’s specialty hospitals and Gujarat’s device manufacturing corridors. Pharmaceutical R&D in these states bolsters demand for pre-clinical imaging. East and North-East India trail on penetration but present white-space potential as infrastructure grants upgrade secondary hospitals. Improved air connectivity and government viability-gap funding are expected to unlock latent demand, gradually enlarging the geographic footprint of the India diagnostic imaging equipment market.
Competitive Landscape
Multinationals dominate technology leadership yet face mounting price competition. Siemens Healthineers alone allocated USD 27.38 billion to med-tech R&D, with USD 3.36 billion carved out for imaging innovations such as helium-light 1.5 T magnets. GE HealthCare’s USD 960 million India plan backs a Bengaluru plant turning out PET-CT scanners for export to 15 countries. Philips focuses on sealed-magnet MRI models that consume 0.7 liters of helium, positioning itself for supply-chain resilience.
Domestic players respond with cost-effective offerings. Voxelgrids Innovations gained CDSCO approval for its 1.5 T MRI at roughly 50% of import prices, signaling credible indigenous alternatives. Trivitron Healthcare scales frugal engineering to develop sub-USD 30,000 handheld ultrasound units, targeting primary clinics. Wipro GE’s “made-in-India” Discovery IQ PET-CT demonstrates policy-driven localization’s power to marry global quality with domestic cost structures.
Competition increasingly hinges on digital ecosystems. Vendors bundle AI triage, zero-footprint viewers, and cloud PACS subscriptions, creating sticky revenue streams that outlast hardware lifecycles. Managed equipment services, uptime guarantees, and pay-per-scan models help cash-constrained hospitals access premium technology. In aggregate, the India diagnostic imaging equipment market shows moderate consolidation but fast-evolving value propositions that give nimble local firms room to erode incumbent shares.
India Diagnostic Imaging Equipment Industry Leaders
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Fujifilm Holdings Corporation
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Koninklijke Philips N.V.
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Siemens Healthineers AG
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Canon Medical Systems Corp.
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GE HealthCare
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- July 2025: The Mahajan Imaging and Laboratories Center in Delhi unveiled the nation’s first AI-enabled 3 T MRI Excel scanner, launching a new benchmark for integrated diagnostics.
- March 2025: AIIMS New Delhi installed the country’s maiden indigenously developed linear accelerator and MRI system for clinical trials, slashing scan prices and import dependence.
- September 2024: IIT-Madras introduced a sports-focused AI-powered portable ultrasound scanner for on-field injury evaluation.
- March 2024: FUJIFILM India placed its APERTO Lucent open MRI at Vijaya Diagnostic Centre, marking the chain’s first patient-centric low-field system.
India Diagnostic Imaging Equipment Market Report Scope
As per the scope of the report, diagnostic medical imaging is a common technique to help visualize physical diagnosis among the clinical community. For diagnostic purposes, these systems are used to image the body to obtain a correct diagnosis and determine future care. Medical imaging is the technique or process of creating visual illustrations of the inner body for clinical examination and medical interpolation, along with the visual representation of the function of certain organs or tissues. The India Diagnostic Imaging Equipment Market is Segmented by Product Type (MRI, Computed Tomography, Ultrasound, X-Ray, Nuclear Imaging, Other Modalities), Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Other Applications), End-User (Hospital, Diagnostic Centers, Other End-Users). The report offers the value (in USD million) for the above segments.
| MRI | Low-Field (< 1.5 T) |
| Standard (1.5–3 T) | |
| High-Field (3 T & above) | |
| Computed Tomography | ≤64-Slice CT |
| >64-Slice CT | |
| Ultrasound | Cart-based |
| Portable/Hand-held | |
| X-Ray | Analog |
| Digital | |
| Nuclear Imaging | PET |
| SPECT | |
| Other Modalities (Mammography, Fluoroscopy, etc.) |
| Fixed Systems |
| Mobile and Hand-held Systems |
| Cardiology |
| Oncology |
| Neurology |
| Orthopedics |
| Gastroenterology |
| Gynecology & Obstetrics |
| Other Applications |
| Hospitals |
| Diagnostic Imaging Centers |
| Specialty Clinics & Other End Users |
| North India |
| South India |
| West India |
| East & North-East India |
| By Modality | MRI | Low-Field (< 1.5 T) |
| Standard (1.5–3 T) | ||
| High-Field (3 T & above) | ||
| Computed Tomography | ≤64-Slice CT | |
| >64-Slice CT | ||
| Ultrasound | Cart-based | |
| Portable/Hand-held | ||
| X-Ray | Analog | |
| Digital | ||
| Nuclear Imaging | PET | |
| SPECT | ||
| Other Modalities (Mammography, Fluoroscopy, etc.) | ||
| By Portability | Fixed Systems | |
| Mobile and Hand-held Systems | ||
| By Application | Cardiology | |
| Oncology | ||
| Neurology | ||
| Orthopedics | ||
| Gastroenterology | ||
| Gynecology & Obstetrics | ||
| Other Applications | ||
| By End User | Hospitals | |
| Diagnostic Imaging Centers | ||
| Specialty Clinics & Other End Users | ||
| By Regional Zone | North India | |
| South India | ||
| West India | ||
| East & North-East India | ||
Key Questions Answered in the Report
How large is the India diagnostic imaging equipment market today?
The India diagnostic imaging equipment market size reached USD 1.91 billion in 2024 and is poised to attain USD 3.01 billion by 2030 at a 7.92% CAGR.
Which modality is growing fastest in India?
Computed tomography leads growth with an 8.97% CAGR through 2030, driven by expanding cardiovascular and oncology protocols.
Why are mobile and handheld scanners gaining traction?
Mobile devices enable point-of-care services in rural and emergency settings and are projected to post an 8.12% CAGR to 2030.
Which region offers the highest growth potential?
North India shows the fastest regional expansion at a 9.07% CAGR thanks to new AIIMS campuses and district-hospital upgrades.
What policy supports domestic imaging equipment manufacture?
The Production Linked Incentive scheme has funded 19 greenfield plants producing MRI, CT, and ultrasound systems locally, reducing import dependence.
How is helium scarcity influencing MRI procurement?
Vendors now market sealed-magnet or helium-free systems, mitigating supply-chain risks and lowering long-term operating costs.
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