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Medical imaging refers to several different technologies (ultrasonography, x-rays, mammography, computed tomography, and nuclear medicine) that are used to view the human body in order to diagnose, monitor, or treat medical conditions. These technologies developed rapidly to play a central role in medicine today by supporting diagnosis and treatment of a disease. Medical imaging is crucial in a variety of medical settings and at all major levels of health care. The use of diagnostic imaging services is essential in confirming, assessing and documenting the course of many diseases and response to treatment. According to latest analysis by Gen Consulting Company, the global medical imaging market is poised to grow by USD 8.8 billion during 2023-2029, progressing at a CAGR of 4.6% during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global medical imaging market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for medical imaging can be segmented by product: computed tomography (CT) systems, MRI instruments, nuclear imaging systems, ultrasound instruments, X-ray devices. In 2022, the X-ray devices segment made up the largest share of revenue generated by the medical imaging market. Medical imaging market is further segmented by end user: hospitals, diagnostic centers, others. The diagnostic centers segment was the largest contributor to the global medical imaging market in 2022. Based on region, the medical imaging market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific is estimated to account for the largest share of the global medical imaging market.
The X-ray devices market is further segmented into analog X-ray technology, computed radiography, digital radiography. Among these, the digital radiography segment was accounted for the highest revenue generator in 2022. Furthermore, the MRI instruments market has been categorized into high-field MRI, low-field MRI, medium-field MRI. The medium-field MRI segment captured the largest share of the market in 2022 and is expected to maintain its dominance during the forecast period. The computed tomography (CT) systems market is further divided into high-slice CT scanner, low-slice CT scanner, medium-slice CT scanner. According to the research, the high-slice CT scanner segment had the largest share in the global medical imaging market. The ultrasound instruments market is further segmented into 2D ultrasound, 3D and 4D ultrasound, doppler ultrasound, high intensity frequency ultrasound, lithotripsy. Among these, the 3D and 4D ultrasound segment was accounted for the highest revenue generator in 2022. Furthermore, the nuclear imaging systems market has been categorized into hybrid PET, planar scintigraphy, SPECT scanner. The SPECT scanner segment captured the largest share of the market in 2022 and is expected to maintain its dominance during the forecast period.
Market Segmentation
By product: computed tomography (CT) systems, MRI instruments, nuclear imaging systems, ultrasound instruments, X-ray devices
By end user: hospitals, diagnostic centers, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global Medical Imaging Market, including AGFA HealthCare N.V., Acutus Medical, Inc., Allengers Medical Systems Ltd., Bruker Corporation, Canon Inc., Carestream Health, Inc. (Onex Corporation), Cefla s.c., Chison Medical Technologies Co., Ltd., DRGEM Corporation, Elekta Ltd., Esaote S.p.A, Fonar Corporation, FUJIFILM Holdings Corporation, GE Healthcare, Hitachi, Ltd., Hologic, Inc., iCRco, Inc., Konica Minolta, Inc., Koninklijke Philips N.V., Medtronic plc, Mindray Medical International Limited, Neusoft Corporation, Samsung Group, Shanghai United Imaging Healthcare Co., Ltd., Shimadzu Corporation, Siemens Healthineers AG, SonoScape Medical Corp (SonoScape), Time Medical Limited, Varex Imaging Corporation, ViewRay Technologies, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
- To analyze and forecast the market size of the global medical imaging market.
- To classify and forecast the global medical imaging market based on product, end user, region.
- To identify drivers and challenges for the global medical imaging market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global medical imaging market.
- To identify and analyze the profile of leading players operating in the global medical imaging market.
Why Choose This Report
- Gain a reliable outlook of the global medical imaging market forecasts from 2023 to 2029 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.