The Diagnostic Imaging Market Report is Segmented by Modality (MRI, Computed Tomography, Ultrasound, X-Ray, Nuclear Imaging, Fluoroscopy, Mammography), Portability (Fixed Systems, Mobile and Hand-Held Systems), Application (Cardiology, Oncology, Neurology, and More), End User (Hospitals, Diagnostic Imaging Centers, and More), and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global medical imaging market size is expected to grow from USD 43.93 bn in 2024 to USD 46.41 bn in 2025 and USD 72.39 bn by 2035, representing a CAGR of 4.5%.

The United States Diagnostic Imaging Market report segments the industry into By Product (X-Ray, Ultrasound, Magnetic Resonance Imaging (MRI), Computed Tomography, Nuclear Medicine, Fluoroscope, Mammography), By Application (Cardiology, Oncology, Neurology, Orthopedic, Gastroenterology, Gynecology, Other Applications), and By End User (Hospitals, Diagnostic Centers, Other End Users).

Medical Imaging Market Size is expected to reach US$ 66.6 billion by 2034 from US$ 41.7 billion in 2024, growing at a CAGR of 4.8%.

Japanese company Hitachi accounted for three percent of the world's market for diagnostic imaging in 2017. By 2024, this share is expected to decrease to 2.7 percent. Diagnostic imaging allows medical examiners to observe the inside of a body to establish a medical condition. Different techniques and machines allow radiologists and other health professionals to take a picture of the structures and activities occurring in the body. The best-known types of diagnostic imaging are radiography (X-rays), ultrasound, computed tomography (CT), and magnet resonance imaging (MRI). The global top 3 companies The global diagnostic imaging market is dominated by three companies which are all expected to maintain a share of about 20 or more percent until 2024. These three companies are German Siemens (Healthineers), U.S.-based General Electric Healthcare, and Philips from the Netherlands. The total global diagnostic imaging market currently is estimated at around 40 billion U.S. dollars. One of the main drivers for the market is the growing demand for early stage diagnoses of chronic diseases of an increasingly aging population, especially in developed countries. The importance of medical imaging Today, medical diagnosis without diagnostic imaging is hardly imaginable. It makes it possible to take a detailed image of the human body and his structures, thus allowing an exact diagnosis and to choose the most appropriate treatment. Although most types of diagnostic imaging are painless, some require a patient to remain still for an extended period inside a machine, which causes problems for some patients, i.e. claustrophobia. Other methods could involve exposure to some radiation or being anesthetized. The fact that there are, for example, annually 35-40 million MRI scans in the United States alone, shows the massive impact and importance of medical imaging in today’s health care.

Check Market Research Intellect's Medical Imaging Market Report, pegged at USD 47 billion in 2024 and projected to reach USD 70 billion by 2033, advancing with a CAGR of 5.5% (2026-2033).Explore factors such as rising applications, technological shifts, and industry leaders.

The global medical imaging market size exceeded USD 42.9 Billion in 2025 and is set to expand at a CAGR of around 5.8%, surpassing USD 75.39 Billion revenue by 2035, fueled by the rise in surgical procedures with the growing adoption of surgical procedures such as C-sections.

Snapshot img

Medical Imaging Market Size 2025-2029

The medical imaging market size is valued to increase by USD 15.2 billion, at a CAGR of 6% from 2024 to 2029. Increasing prevalence of chronic conditions will drive the medical imaging market.

Market Insights

Europe dominated the market and accounted for a 37% growth during the 2025-2029.
By End-user - Hospitals segment was valued at USD 15.30 billion in 2023
By Product - X-ray imaging segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 74.64 billion 
Market Future Opportunities 2024: USD 15.20 billion
CAGR from 2024 to 2029 : 6%

Market Summary

Medical imaging, a critical component of modern healthcare, involves the use of various imaging technologies to produce visual representations of the interior of the body. The market is driven by several factors, including the increasing prevalence of chronic conditions and an aging population. These factors have led to a higher demand for diagnostic imaging procedures to facilitate early and accurate disease detection and treatment. Another significant trend in the medical imaging industry is the integration of artificial intelligence (AI) and machine learning algorithms. This technology is revolutionizing the field by improving diagnostic accuracy, reducing the need for human intervention, and streamlining workflows. For instance, AI-powered systems can analyze medical images and identify patterns indicative of diseases, enabling faster and more accurate diagnoses. Despite these advancements, medical imaging remains an expensive endeavor. High costs associated with imaging equipment, maintenance, and personnel contribute to the financial burden. To address this challenge, healthcare providers are exploring various strategies, such as supply chain optimization and outsourcing imaging services to specialized centers. This approach not only reduces costs but also enhances operational efficiency and ensures access to advanced imaging technologies. In summary, the market is experiencing significant growth due to the increasing prevalence of chronic conditions and the integration of AI. However, the high costs associated with medical imaging continue to pose a challenge. Healthcare providers are addressing this issue by implementing cost-saving strategies while maintaining diagnostic accuracy and operational efficiency.

What will be the size of the Medical Imaging Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleThe market is a dynamic and ever-evolving sector, driven by advancements in technology and the growing demand for accurate and efficient diagnostic tools. One significant trend shaping this industry is the integration of advanced data analytics platforms into medical imaging systems. These platforms employ feature extraction methods, image enhancement algorithms, and data mining techniques to streamline clinical decision-making processes. For instance, image annotation tools enable more precise MRI sequence optimization, while X-ray imaging systems benefit from CT scan protocols and image classification methods. Furthermore, image visualization techniques and analysis software facilitate faster and more accurate diagnosis. Ultrasound transducer technology, PET scanner technology, and image filtering techniques also contribute to improved image quality assessment. These advancements have the potential to revolutionize healthcare, enabling remote diagnostics and object detection algorithms for earlier and more accurate disease detection. Additionally, augmented reality applications, virtual reality applications, cloud-based storage, and telemedicine platforms are transforming the way medical professionals access and interpret imaging data, ultimately leading to better patient outcomes.

Unpacking the Medical Imaging Market Landscape

In the dynamic the market, machine learning models and deep learning algorithms are revolutionizing clinical workflow optimization. According to industry reports, the implementation of these advanced technologies has led to a 30% increase in diagnostic accuracy and a 25% reduction in radiologist reading time. Network infrastructure and PACS system integration are crucial for seamless data transfer and accessibility, enabling quantitative image analysis and computer-aided detection.

Image standardization protocols and noise reduction techniques ensure consistent image quality and enhance diagnostic precision. Radiation dose reduction is another significant concern, with a 50% decrease in radiation exposure reported through the use of modern diagnostic imaging modalities and image-guided interventions. Artifact correction methods, image segmentation techniques, and biomedical signal processing further improve image quality metrics and data security protocols.

Functional ima

The global 3D medical imaging market size is projected to grow from USD 4.87 billion in 2025 to USD 8.13 billion by 2033, exhibiting a CAGR of 6.61%.
Report Scope:

The global Medical Imaging Market size is expected to reach USD 52.03 Billion in 2032 registering a CAGR of 5.6%. Our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities and more.

The AI in Medical Imaging Market is Segmented by Offering (Software Tools/Platform, Services and More), Imaging Modality (X-Ray, Computed Tomography, and More), Application (Oncology, Neurology and More), Deployment Model (On-Premise, Cloud / Web-Based and More), End User (Hospitals and Clinics, Diagnostic Imaging Centers and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

The North America Medical Imaging Market size was valued at USD 15.15 billion in 2023 and is projected to reach USD 20.48 billion by 2032, exhibiting a CAGR of 4.4 % during the forecasts period. Recent developments include: In June 2023, GE HealthCare announced the FDA approval and product launch of Sonic DL, a deep learning-enabled technology developed to significantly augment image generation in MRI. .

Europe Diagnostic Imaging Market was valued at USD 12.32 Billion in 2024 and is expected to reach USD 16.79 Billion by 2030, growing with a CAGR of 5.25% in the forecast period.

Find detailed analysis in Market Research Intellect's Artificial Intelligence In Medical Imaging Market Report, estimated at USD 3.5 billion in 2024 and forecasted to climb to USD 9.8 billion by 2033, reflecting a CAGR of 12.5%.Stay informed about adoption trends, evolving technologies, and key market participants.

Discover the dynamic Argentina Diagnostic Imaging Equipment Market. This report reveals a 6.20% CAGR, driven by rising chronic diseases and technological advancements. Explore market size, segmentation (X-ray, MRI, Ultrasound etc.), leading companies, and future trends until 2033. Key drivers for this market are: , Rising Burden of the Chronic Diseases; Technological Advancements in Imaging Equipments; Increasing Geriatric population in Argentina. Potential restraints include: , Rising Burden of the Chronic Diseases; Technological Advancements in Imaging Equipments; Increasing Geriatric population in Argentina. Notable trends are: Application in Cardiology is expected Cover a Large Share of the Market.

The global ai-based medical imaging market size was USD 3276.29 million in 2024 & is projected to grow from USD 4772.9 million in 2025 to USD 96823.74 million by 2033.
Report Scope:

In 2021, the AI-enabled medical imaging solutions market was valued at around **** billion U.S. dollars globally. By 2032, the market was forecast to increase to a value of ***** billion U.S. dollars.

Discover Market Research Intellect's Ai In Medical Imaging Market Report, worth USD 4.8 billion in 2024 and projected to hit USD 12.6 billion by 2033, registering a CAGR of 14.5% between 2026 and 2033.Gain in-depth knowledge of emerging trends, growth drivers, and leading companies.

The AI in medical imaging market size is projected to grow from $1.75 billion in 2024 to $8.56 billion by 2030, growing at a CAGR of 30% during the forecast period from 2024 to 2030.

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.