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.

Global Diagnostic Imaging Equipment Market was valued at $25.37 Billion in 2023, and is projected to reach $43.30 Billion by 2032, at a CAGR of 6.12%.

Refurbished Medical Imaging Equipment Market is anticipated to grow at a CAGR of 7.4% during the forecast period, with an estimated size and share exceeding USD 33.78 billion by 2034.

The Mexico Diagnostic Imaging Equipment Market Report is Segmented by Modality (X-Ray, Ultrasound, Computed Tomography, MRI, Nuclear Imaging, Fluoroscopy & C-Arms, Mammography), Portability (Fixed Systems, Mobile & Hand-Held Systems), Application (Oncology, Cardiology, Neurology, and More), and End User (Hospitals, Diagnostic Imaging Centers, Specialty Clinics, Others). The Market Forecasts are Provided in Terms of Value (USD).

In 2021, the global medical imaging equipment market was valued at approximately **** billion U.S. dollars. By 2026, the market was forecast to reach almost **** billion U.S. dollars.

Global Medical Imaging Equipment market size is expected to reach $60.89 billion by 2029 at 5.6%, segmented as by computed tomography (ct) systems, stationary ct scanners, portable or handheld ct scanners

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Refurbished Medical Imaging Equipment Market Size 2025-2029

The refurbished medical imaging equipment market size is forecast to increase by USD 7.68 billion, at a CAGR of 8.5% between 2024 and 2029.

The market is driven by the increasing demand for cost-effective and efficient medical imaging devices. As healthcare costs continue to rise, the affordability of refurbished equipment becomes an attractive option for healthcare providers. Furthermore, the adoption of eco-friendly practices in the healthcare industry is fueling the market's growth, as refurbished equipment offers a sustainable solution to reducing the environmental impact of medical waste. However, the market faces challenges, including the negative perception of end-users about refurbished medical equipment. Some healthcare providers may view refurbished equipment as less reliable or less advanced than new equipment. Addressing these concerns through certification programs and ensuring the highest quality standards can help alleviate these concerns and expand the market's reach. Companies seeking to capitalize on market opportunities should focus on providing top-notch customer service, offering flexible financing options, and ensuring the highest quality standards for their refurbished medical imaging equipment. By addressing the challenges and leveraging the market's drivers, companies can effectively navigate the competitive landscape and capture a significant share of the market.

What will be the Size of the Refurbished Medical Imaging Equipment Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by the ever-changing dynamics of technology and healthcare sector requirements. MRI machines, CT scanners, and X-ray systems are continually upgraded to enhance image quality and enable advanced applications such as precision medicine, image registration, and personalized medicine. Efficiency improvements are a key focus, with equipment financing, quality assurance, and asset management solutions facilitating cost optimization and seamless hospital workflow. CE marking and regulatory compliance ensure the safe and effective use of refurbished imaging equipment. Advancements in medical imaging technology, including 3D imaging, image segmentation, and image analysis, are revolutionizing disease diagnosis and interventional radiology. Big data analytics and artificial intelligence (AI) are increasingly integrated into medical imaging software for early detection and treatment planning. Emerging technologies like image fusion, contrast agents, noise reduction, and machine learning are transforming the industry, offering significant benefits in terms of spatial resolution, contrast resolution, and diagnostic accuracy. Preventive screening and patient monitoring are also gaining importance, with remote diagnostics and real-time image interpretation becoming essential components of the healthcare ecosystem. The ongoing adoption of technology in healthcare is leading to the obsolescence of traditional imaging systems. Maintenance and repair services, along with upgrade options, are crucial for extending the life cycle of refurbished medical imaging equipment. In the realm of cardiovascular imaging, advancements in image acquisition, image processing, and image optimization are enabling more accurate and timely diagnosis. Radiation shielding and image interpretation tools are also essential for ensuring the safety and effectiveness of diagnostic imaging. The integration of medical imaging with healthcare informatics, DICOM standards, and cloud computing is streamlining the management and sharing of medical images, making them more accessible and valuable for clinical trials and research purposes. In conclusion, the market is a dynamic and evolving landscape, characterized by continuous innovation and adaptation to the changing needs of the healthcare sector. From image acquisition and processing to diagnostic accuracy and patient care, refurbished medical imaging equipment plays a crucial role in enhancing the quality and accessibility of healthcare services.

How is this Refurbished Medical Imaging Equipment Industry segmented?

The refurbished medical imaging equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductX-ray imagingUltrasound systemsMRICT scanner imagingSPECT/ PET scannersEnd-userHospitalsDiagnostic centersApplicationCardiovascularOncologyOrthopedicsGynecologyOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth AmericaBrazilRest of World (ROW).

By Product Insights

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Medical imaging equipment market size is anticipated to reach USD 80.6 Billion by 2035 and is expected to grow at a CAGR of 5.4%. Rising shift toward minimally invasive procedure expected to drive the global market growth.

The APAC Diagnostic Imaging Equipment Market report segments the industry into By Modality (MRI, Computed Tomography, Ultrasound, X-Ray, Nuclear Imaging, Fluoroscopy, Mammography), By Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Other Applications), By End-User (Hospital, Diagnostic Centers, Other End-Users), and Geography (China, Japan, India, Australia, South Korea, and more).

Medical imaging equipment Market is size is valued at USD 74,216.80 Million by 2032 and CAGR 5.3% Market by Indications by Distribution Channels.

India Diagnostic Imaging Equipment Market Outlook 2031

The India Diagnostic Imaging Equipment Market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 10.3% during 2023–2031. The growth of the market is attributed to the increasing elderly population and rising investment in the healthcare infrastructure.



Diagnostic medical imaging is a technique that visualize physical diagnosis with help of electromagnetic radiation. This imaging equipment is used for the diagnosis of disease and to determine appropriate treatment decisions. Diagnostic imaging is useful for the clinical examination and medical implant, and the visual representation of the function of organs or tissues in the human body.

Diagnostic imaging consists of different radiological imaging equipment, such as MRI, X-ray, ultrasound, and CT scan portable systems. Multiple-use units such as digital fluoroscopy and radiography systems are also used in the hospitals and clinics.



CT scan and MRI systems are the most commonly used diagnostic imaging equipment. These equipment are used for the detection of the medical conditions by reducing the unnecessary invasive exploratory processes and to improvise patient health diagnostic imaging equipment. Diagnostic imaging also includes calculations and recording techniques to produce data that is often represented in graph form.

India Diagnostic Imaging Equipment Market Trends, Drivers, Restraints, and Opportunities

• Increasing incidence of chronic diseases, such as cancer, cardiovascular disord

The diagnostic imaging equipment market size was over USD 42.8 billion in 2024 and is estimated to reach USD 73.1 billion by the end of 2034, expanding at a CAGR of 6.1% during the forecast timeline, i.e., 2025-2034. North America industry is predicted to account for the largest share of 38.3% by 2034, owing to the expanding patient pool in the region.

Global Medical Imaging Equipment market size 2021 was recorded $30652.5 Million whereas by the end of 2025 it will reach $39656 Million. According to the author, by 2033 Medical Imaging Equipment market size will become $66373.7. Medical Imaging Equipment market will be growing at a CAGR of 6.65% during 2025 to 2033.

The Australian and New Zealand Diagnostic Imaging Equipment Market Report 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), and End User (Hospital, Diagnostic Centers, and Other End Users). The Market Provides the Value (USD) for the Above Segments.

Medical Imaging Equipment Market is estimated to reach a market value of by 2030 with the market is estimated to grow at a CAGR of 5.30%

Diagnostic Imaging Equipment Market Outlook

The global diagnostic imaging equipment market size was valued at approximately USD 38 billion in 2023 and is projected to reach USD 56 billion by 2032, growing at a compound annual growth rate (CAGR) of around 4.3% from 2024 to 2032. This growth is driven by technological advancements, an increase in the prevalence of chronic diseases, and the rising geriatric population worldwide. Diagnostic imaging plays a critical role in the accurate diagnosis and treatment planning of various medical conditions, making it an indispensable tool in modern healthcare. The continual development and innovation in imaging technologies, coupled with increasing investments in healthcare infrastructure, are significant factors propelling the expansion of this market.

A major growth factor for the diagnostic imaging equipment market is the rapid technological advancements in imaging modalities. Innovations such as the development of high-resolution imaging systems, portable imaging devices, and the integration of artificial intelligence (AI) in imaging technologies are revolutionizing the industry. These advancements not only enhance the accuracy of diagnostic procedures but also improve the efficiency and throughput of healthcare systems. For instance, AI-enabled imaging tools can assist radiologists by providing quicker and more accurate image analyses, thereby facilitating faster diagnosis and treatment planning. Furthermore, the advent of hybrid imaging systems, which combine different imaging techniques to provide comprehensive evaluations, is further fueling market growth.

The increasing prevalence of chronic diseases such as cardiovascular diseases, cancer, and neurological disorders is another significant driver of the diagnostic imaging equipment market. These conditions often require precise imaging for accurate diagnosis, staging, and monitoring of treatment progress. The rising incidence of these diseases, coupled with a growing awareness of the importance of early diagnosis, is leading to an increased demand for advanced imaging solutions. Additionally, the expanding geriatric population, which is more susceptible to chronic diseases, is contributing to the heightened need for diagnostic imaging, thus driving market growth.

Moreover, the rising investments in healthcare infrastructure, particularly in emerging economies, are catalyzing the growth of the diagnostic imaging equipment market. Governments and private sector entities are increasingly allocating funds to enhance healthcare facilities and adopt advanced medical technologies. This trend is evident in countries like China, India, and Brazil, where significant improvements in healthcare accessibility and quality are underway. Such investments are not only enhancing the availability of diagnostic services but also facilitating the deployment of cutting-edge imaging technologies, thereby bolstering market expansion.

Diagnostic Medical Imaging is at the forefront of modern medical diagnostics, offering unparalleled insights into the human body. This technology encompasses a range of imaging modalities that allow healthcare professionals to visualize internal structures and functions with remarkable clarity. From X-rays and ultrasounds to more advanced techniques like MRI and CT scans, Diagnostic Medical Imaging provides critical information that aids in the diagnosis, treatment planning, and monitoring of various medical conditions. The integration of artificial intelligence into these imaging systems is further enhancing their capabilities, making them indispensable tools in both routine and complex medical evaluations. As the demand for precise and non-invasive diagnostic solutions continues to grow, the role of Diagnostic Medical Imaging in healthcare is becoming increasingly vital, ensuring better patient outcomes and more efficient healthcare delivery.

From a regional perspective, the Asia Pacific region is expected to witness significant growth in the diagnostic imaging equipment market, driven by factors such as increasing healthcare expenditure, a rising middle-class population, and an upsurge in lifestyle-related diseases. North America, with its well-established healthcare infrastructure and continuous technological advancements, remains a dominant player in the market. Meanwhile, Europe is experiencing steady growth, supported by a strong focus on research and development in medical imaging technologies. The Middle East & Africa and Latin America, although currently smaller markets, offer substantial growth potential due

Medical imaging equipment market is projected to register a CAGR of 5.3% to reach USD 74,216.80 Million by 2032 according to Polaris Market Research.

The medical imaging equipment services market size was over USD 20.61 million in 2024 and is anticipated to cross USD 36.07 million by 2037, witnessing more than 4.4% CAGR during the forecast period i.e., between 2025-2037. North America industry is anticipated to hold largest revenue share of 36% by 2037, accredited to rising cases of cancer and cardiovascular diseases as well as rising technological innovations in medical imaging equipment in the region.

The global diagnostic medical imaging equipment market is experiencing robust growth, driven by several key factors. Technological advancements, such as the development of AI-powered image analysis and improved resolution in modalities like MRI and CT, are enhancing diagnostic accuracy and efficiency. The rising prevalence of chronic diseases, an aging global population, and increasing demand for early disease detection are fueling demand for advanced imaging technologies. Furthermore, growing healthcare expenditure globally, particularly in emerging economies, is contributing to market expansion. The market is segmented by modality (X-ray, CT, MRI, Ultrasound, Nuclear Medicine, etc.), application (cardiology, oncology, neurology, etc.), and end-user (hospitals, diagnostic centers, ambulatory surgery centers). Competition is intense, with established players like GE, Siemens, and Philips dominating the market alongside emerging players from Asia, particularly in the manufacturing of lower-cost equipment. Despite significant growth opportunities, the market faces certain challenges. High initial investment costs for advanced equipment, coupled with the ongoing need for skilled technicians and radiologists, can create barriers to entry for smaller players and limit accessibility in some regions. Stringent regulatory approvals and increasing cybersecurity concerns also pose challenges for market players. However, the long-term outlook remains positive, with the market expected to maintain a steady growth trajectory driven by technological innovation, increasing healthcare spending, and a growing global population requiring diagnostic imaging services. Continuous innovation, strategic partnerships, and a focus on affordability will be crucial for success in this dynamic and competitive market. We project a consistent growth rate over the next decade, reflecting the ongoing demand for superior medical imaging solutions.

Market Overview The global high-end medical imaging equipment market is projected to reach a value of $15,320 million by 2033, growing at a CAGR of 5.7% during the forecast period 2025-2033. This growth is primarily attributed to rising demand for advanced diagnostic imaging techniques, increasing prevalence of chronic diseases, and technological advancements. Key market drivers include the increasing adoption of minimally invasive surgical procedures, government initiatives supporting healthcare infrastructure development, and rising awareness about personalized medicine. Market Segments and Key Players The market is segmented based on application (hospitals, clinics, others), type (medical ultrasound equipment, X-ray equipment, magnetic resonance imaging (MRI) equipment, nuclear imaging equipment, others), and region (North America, South America, Europe, Middle East & Africa, and Asia Pacific). Leading players in this market include Philips, GE Healthcare, Siemens, Hologic, Shimadzu, Samsung, Hitachi, Genesis Medical, Carestream Health, Fujifilm, Fonar, Toshiba, and Shanghai United Imaging Healthcare. The competitive landscape is characterized by continuous technological innovation, strategic partnerships, and mergers and acquisitions.