Diagnostic Imaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers the Diagnostic Imaging Market Size and Share and It is Segmented by Modality (MRI, Computed Tomography, Ultrasound, X-Ray, Nuclear Imaging, Fluoroscopy, and Mammography), Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, and Other Applications), End Users (Hospitals, Diagnostic Centers and Other End Users) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Market Size is Provided in Terms of Value (in USD) During the Projected Period for the Above Segments

Diagnostic Imaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Diagnostic Imaging Market Size

Diagnostic Imaging Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 48.92 Billion
Market Size (2030) USD 60.04 Billion
CAGR (2025 - 2030) 4.18 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Diagnostic Imaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Diagnostic Imaging Market Analysis

The Diagnostic Imaging Market size is estimated at USD 48.92 billion in 2025, and is expected to reach USD 60.04 billion by 2030, at a CAGR of 4.18% during the forecast period (2025-2030).

The COVID-19 pandemic was expected to have a significant impact on the market. According to an article published in European Radiology in November 2020, chest radiography was useful in identifying COVID-19 patients who may rapidly deteriorate and helping inform clinical management and hospital bed and ventilation allocation. This increased the demand for chest radiography during the pandemic phase. Similarly, in April 2020, the National COVID-19 Chest Imaging Database (NCCID) was launched in the United Kingdom, which provides a more comprehensive understanding of COVID-19 by collating X-rays, CT, and MRI scan data from 20 NHS trusts across the country to detect disease patterns and markers of the virus using Artificial Intelligence (AI), which, in turn, enabled more accurate early diagnoses and prognoses. This is expected to boost the demand for such equipment and tests during the COVID-19 pandemic. In addition, the demand for diagnostic imaging is expected to remain constant due to the reopening of diagnostic clinics and hospitals with high patient inflow, thereby contributing to the growth of the market over the coming five years.

The main things that are driving the growth of the diagnostic imaging market are the increase in chronic diseases, the rise in the number of older people, and the use of more advanced imaging technologies.

The burden of chronic diseases is on the rise globally, and medical imaging procedures play a crucial role in the accurate diagnosis of chronic diseases, thereby contributing to the growth of the market. According to GLOBOCAN, in 2020, about 19.3 million new cases of cancer were reported worldwide, and this number is expected to increase to 30.2 million in 2040. Such an increase in cancer cases is expected to contribute to the growth of the market over the forecast period. Similarly, the British Heart Foundation data published in January 2022 reported that the most common heart conditions affected globally were coronary (ischemic) heart disease (global prevalence estimated at 200 million), peripheral arterial (vascular) disease (110 million), stroke (100 million), and atrial fibrillation (60 million). Such a large prevalence globally is fueling the growth of the market.

Additionally, the increasing number of product launches is expected to contribute to the growth of the market. For instance, in March 2021, Hitachi Medical Systems launched two permanent open MRI systems, APERTO Lucent Plus and AIRIS Vento Plus, at the start of the 2021 European Congress of Radiology. Both systems are equipped with SynergyDrive workflow solutions.

Thus, the above-mentioned factors are expected to contribute to the growth of the market over the forecast period.

Diagnostic Imaging Industry Overview

The market studied is fragmented owing to the presence of several players in the market. The competitive landscape includes an analysis of a few international as well as local companies that hold large market shares and are well known. Siemen Healthcare, Koninklijke Philips NV, GE Healthcare, Hologic Corporation, and Mindray Medical International Limited are some of the most important companies in the market.

Diagnostic Imaging Market Leaders

  1. GE Healthcare

  2. Koninklijke Philips N.V.,

  3. Siemens Healthineers

  4. Mindray

  5. Hologic, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Diagnostic Imaging Market Concentration
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Diagnostic Imaging Market News

  • July 2022 : Canon Medical launched the Vantage Fortain MRI System at ECR 2022, This MRI system features innovative workflow solutions, image enhancements and accelerated scan technology, which together contributes to reducing the time required for MRI procedures.
  • April 2022 : Wipro GE Healthcare launched the next-generation Revolution Aspire CT scanner. Revolution Aspire is an advanced imaging solution designed and manufactured end-to-end in India.

Diagnostic Imaging Market Report - Table of Contents

1. INTRODUCTION

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

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rise in the Prevalence of Chronic Diseases
    • 4.2.2 Increased Adoption of Advanced Technologies in Medical Imaging
    • 4.2.3 Increase in the Geriatric Population
  • 4.3 Market Restraints
    • 4.3.1 Expensive Procedures and Equipment
    • 4.3.2 Side Effects of Diagnostic Imaging
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

  • 5.1 By Modality
    • 5.1.1 MRI
    • 5.1.1.1 Low and mid field MRI Systems (less than 1.5 T)
    • 5.1.1.2 High field MRI Systems (1.5-3 T)
    • 5.1.1.3 Very High and Ultra High Field MRI Systems (3T and more)
    • 5.1.2 Computed Tomography
    • 5.1.2.1 Low-end Scanners (~16-Slice)
    • 5.1.2.2 Mid-range Scanners (~64-Slice)
    • 5.1.2.3 High-end Scanners (128-Slice and More)
    • 5.1.3 Ultrasound
    • 5.1.3.1 2D Ultrasound
    • 5.1.3.2 3D Ultrasound
    • 5.1.3.3 Other Ultrasound
    • 5.1.4 X-Ray
    • 5.1.4.1 Analog Systems
    • 5.1.4.2 Digital Systems
    • 5.1.5 Nuclear Imaging
    • 5.1.5.1 Positron Emission Tomography (PET)
    • 5.1.5.2 Single Photon Emission Computed Tomography (SPECT)
    • 5.1.6 Fluoroscopy
    • 5.1.7 Mammography
  • 5.2 By Application
    • 5.2.1 Cardiology
    • 5.2.2 Oncology
    • 5.2.3 Neurology
    • 5.2.4 Orthopedics
    • 5.2.5 Gastroenterology
    • 5.2.6 Gynecology
    • 5.2.7 Other Applications
  • 5.3 By End User
    • 5.3.1 Hospital
    • 5.3.2 Diagnostic Centers
    • 5.3.3 Other End Users
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Canon Medical Systems Corporation
    • 6.1.2 Esaote SpA
    • 6.1.3 FUJIFILM Holdings Corporation
    • 6.1.4 GE Healthcare
    • 6.1.5 Hologic Corporation
    • 6.1.6 Koninklijke Philips NV
    • 6.1.7 Shimadzu Medical
    • 6.1.8 Siemens Healthineers
    • 6.1.9 Mindray Medical International Limited
    • 6.1.10 Browns Medical Imaging (BMI)
    • 6.1.11 Samsung Electronics Co. Ltd
    • 6.1.12 Koning Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Diagnostic Imaging Industry Segmentation

As per the scope of the report, diagnostic medical imaging is a common technique to help visualize physical diagnosis in the clinical community. For diagnostic purposes, these systems are used to image the body to obtain a correct diagnosis and determine future care. Diagnostic imaging is the technique or process of creating visual illustrations of the inner body parts for clinical examination and medical interpolation, along with the visual representation of the function of certain organs or tissues. It has a vast range of applications in a variety of oncological, orthopedic, gastroenterological, and gynecological fields. The Diagnostic Imaging Market is Segmented by Modality (MRI (Low and midfield MRI systems (Less than 1.5 T), High field MRI Systems (1.5-3 T), and Very High and Ultra High Field MRI Systems (3T and More)), Computed Tomography (Low-End Scanners (~16-Slice), Mid Range Scanners (~64-Slice), and High-End Scanners (128-Slice and More)), Ultrasound (2D Ultrasound, 3D Ultrasound, and Other Ultrasound), X-Ray (Analog Systems and Digital Systems) Nuclear Imaging (Positron Emission Tomography (PET) and Single Photon Emission Computed Tomography (SPECT)), Fluoroscopy, and Mammography); Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, and Other Applications); and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments. The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Modality MRI Low and mid field MRI Systems (less than 1.5 T)
High field MRI Systems (1.5-3 T)
Very High and Ultra High Field MRI Systems (3T and more)
Computed Tomography Low-end Scanners (~16-Slice)
Mid-range Scanners (~64-Slice)
High-end Scanners (128-Slice and More)
Ultrasound 2D Ultrasound
3D Ultrasound
Other Ultrasound
X-Ray Analog Systems
Digital Systems
Nuclear Imaging Positron Emission Tomography (PET)
Single Photon Emission Computed Tomography (SPECT)
Fluoroscopy
Mammography
By Application Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
Gynecology
Other Applications
By End User Hospital
Diagnostic Centers
Other End Users
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Diagnostic Imaging Market Research FAQs

How big is the Diagnostic Imaging Market?

The Diagnostic Imaging Market size is expected to reach USD 48.92 billion in 2025 and grow at a CAGR of 4.18% to reach USD 60.04 billion by 2030.

What is the current Diagnostic Imaging Market size?

In 2025, the Diagnostic Imaging Market size is expected to reach USD 48.92 billion.

Who are the key players in Diagnostic Imaging Market?

GE Healthcare, Koninklijke Philips N.V.,, Siemens Healthineers, Mindray and Hologic, Inc. are the major companies operating in the Diagnostic Imaging Market.

Which is the fastest growing region in Diagnostic Imaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Diagnostic Imaging Market?

In 2025, the North America accounts for the largest market share in Diagnostic Imaging Market.

What years does this Diagnostic Imaging Market cover, and what was the market size in 2024?

In 2024, the Diagnostic Imaging Market size was estimated at USD 46.88 billion. The report covers the Diagnostic Imaging Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Diagnostic Imaging Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Diagnostic Imaging Industry Report

The global medical imaging market is on a substantial growth curve, driven by an increase in lifestyle-related diseases, an aging population, and significant technological advancements aimed at early disease detection. The integration of artificial intelligence for streamlining image analysis aids in conditions such as age-related macular degeneration, marking a shift towards more efficient diagnostic measures. With government initiatives and healthcare investments promoting the adoption of sophisticated imaging tools, especially in underserved regions, the market is seeing notable innovation. Among these are AI-enabled MR imaging portfolios that contribute to enhanced radiology operations' efficiency and sustainability. North America leads in market share, credited to substantial healthcare spending and the adoption of cutting-edge equipment. Following closely is the Asia Pacific region, driven by its increasing demand for sophisticated diagnostic solutions. The market is set for robust growth, underscored by a rising adoption of ultrasound and CT imaging systems that have become indispensable in diagnosing and managing a wide spectrum of health conditions. Insights from Mordor Intelligence™ highlight the crucial role of diagnostic imaging companies in this dynamic market expansion, indicating a promising future for the industry. Get a sample of this industry analysis as a free report PDF download.