The global “Diagnostic Imaging Market: Opportunity Analysis and Future Assessment 2022-2030” issued by Reports and Insights provides authentic and first-hand data, qualitative and quantitative analysis by industry analysts, and inputs from industry experts and stakeholders across the entire chain. The research examines current market trends, macroeconomic factors, regional analysis in-depth, as well as market attractiveness by segment. The market research provides SWOT analysis of competitors comprising extraneous environment assessment and PEST study. In addition, the market analysis offers business approaches for handling with COVID-19 impact on the market.
The diagnostic imaging market 2022 is accounted for US$ 27.3 Bn and expected to reach at a value of US$ 41.1 Bn by 2030 with a significant CAGR of 5.3%.
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Diagnostic Imaging Market Dynamics
Imaging or radiography is the first line diagnostic test recommended in majority of diseases. According to WHO, 70-80% of the clinically relevant questions can be solved through diagnostic imaging such as radiography and ultrasonography. Modern diagnostic imaging offers a vast spectrum of modalities and techniques, which enables the study the function and morphology of the human body in details that approaches science fiction.
Among all diagnostic imaging techniques, ultrasonography is the most economic as both equipment and infrastructure are inexpensive, and thus the technique spread very quickly. Well-regulated use of X-ray imaging techniques by national and international laws makes it the best diagnostic imaging technique.
Technological advancements in diagnostic imaging devices are the major factor driving the growth of global diagnostic imaging market. Introduction of magnetic resonance imaging and molecular imaging techniques have revolutionized the global diagnostic imaging market.
Growing prevalence of chronic diseases is further driving the growth of global diagnostic imaging market. However, requirement of highly developed infrastructure for modern imaging equipment is limiting the growth of global diagnostic imaging market. Thousands of hospitals and institutions worldwide do not have the possibilities to perform even these fundamental imaging procedures, for lack of equipment and/or diagnostic imaging skills.
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Diagnostic Imaging Market Regional Segmentation
On the basis of region, the global diagnostic imaging market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America diagnostic imaging market is expected to be the most dominating market throughout the forecast period due to growing number of hospitals and diagnostic centers. However, consolidation in healthcare industry in the European Union is expected to show slowdown in growth of diagnostic imaging market in the region.
Diagnostic Imaging Market Key Players
Some of the key players identified in global diagnostic imaging market are GE Healthcare, Toshiba Medical Systems Corporation, Hitachi Ltd., Siemens Healthineers, Koninklijke Philips N.V., Hologic, Inc., Fujifilm Corporation, Shimadzu Corporation, Carestream Health, Inc., Varian Medical Systems etc. among others.
Diagnostic Imaging Market Segmentation
The global diagnostic imaging market is segmented on the basis of product type, application, end user and region.
By Product Type
X-ray Imaging Systems
By Technology
X-ray Digital Imaging Systems
Direct Radiography (DR)
Computed Radiography (CR)
X-ray Analog Imaging Systems
Computed Tomography (CT) Scanners
By Technology
Conventional CT systems
Cone Beam CT Systems (CBCT)
Conventional CT Systems Market, by Technology
High-slice CT Scanners
Mid-slice CT Scanners
Low-slice CT Scanners
Ultrasound Systems
By Technology
2D Ultrasound
3D and 4D Ultrasound
Doppler Ultrasound
By Portability
Trolley/Cart-based Ultrasound Systems
Compact/Portable Ultrasound Systems
Magnetic Resonance Imaging (MRI) Systems
By Architecture
Closed MRI
Open MRI
By Field Strength
High- and Very-high-field MRI Systems
Low-to-mid-field MRI Systems
Ultra-high-field MRI Systems
Nuclear Imaging Systems
SPECT Systems
Standalone SPECT Systems
Hybrid SPECT Systems
Hybrid PET Systems
Mammography Systems
By Application
X-ray Imaging Systems
General Radiography
Dental
Fluoroscopy
MRI Systems
Brain & Neurological MRI
Spine & Musculoskeletal MRI
Vascular MRI
Pelvic & Abdominal MRI
Breast MRI
Cardiac MRI
Ultrasound Systems
Radiology/General Imaging
Cardiology
Obstetrics/Gynecology
Urology
Vascular
Other Applications
CT Scanners
Cardiology
Oncology
Neurology
Other Applications
Nuclear Imaging Systems
Cardiology
Oncology
Neurology
Other Applications
Mammography Systems
By End User
Hospitals
Clinics
Diagnostics Centers
Others
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