Global Diagnostic Imaging Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Modality;

MRI, Computed Tomography, Ultrasound, X-ray, Nuclear Imaging, Fluoroscopy, and Mammography.

By Application;

Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, and Other Applications.

By Portability;

Stationary X-ray Imaging Systems and Portable X-ray Imaging Systems.

By End User;

Hospital, Diagnostic Centers, and Other End Users.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn158256961 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Diagnostic Imaging Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Diagnostic Imaging Equipment Market was valued at USD 54,774.74 million. The size of this market is expected to increase to USD 77,063.29 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global diagnostic imaging equipment market is a critical component of the healthcare sector, encompassing a wide array of technologies used for medical imaging. These technologies, including X-ray, ultrasound, MRI, CT scans, and nuclear imaging, play an indispensable role in the early detection, diagnosis, and management of diseases. The market has experienced significant growth in recent years, driven by advancements in imaging technologies, an increasing prevalence of chronic diseases, and the rising demand for non-invasive diagnostic procedures.

One of the primary drivers of the diagnostic imaging equipment market is the continuous technological innovation. Developments such as 3D imaging, AI-driven diagnostic tools, and portable imaging devices have revolutionized the field, offering enhanced accuracy, reduced examination times, and improved patient outcomes. For instance, AI algorithms are increasingly being integrated with imaging equipment to assist radiologists in interpreting images more quickly and accurately, leading to more timely and precise diagnoses.

The increasing prevalence of chronic diseases such as cancer, cardiovascular diseases, and neurological disorders has spurred the demand for advanced diagnostic imaging. Early and accurate detection of these conditions is crucial for effective treatment, and modern imaging technologies are at the forefront of this diagnostic capability. Additionally, the aging global population, which is more susceptible to chronic illnesses, further propels the need for sophisticated diagnostic imaging solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Modality
    2. Market Snapshot, By Application
    3. Market Snapshot, By Portability
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Diagnostic Imaging Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Increasing Prevalence of Chronic Diseases
        3. Growing Geriatric Population
        4. Rising Demand for Early Diagnosis
      2. Restraints
        1. High Cost of Equipment
        2. Stringent Regulatory Requirements
        3. Shortage of Skilled Professionals
        4. Limited Reimbursement Policies
      3. Opportunities
        1. Emerging Markets in Developing Countries
        2. Integration of AI and Machine Learning
        3. Growth in Telemedicine and Remote Monitoring
        4. Expansion of Point-of-Care Diagnostics
    2. PEST Analysis

      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Diagnostic Imaging Equipment Market, By Modality, 2021 - 2031 (USD Million)
      1. MRI
      2. Computed Tomography
      3. Ultrasound
      4. X-ray
      5. Nuclear Imaging
      6. Fluoroscopy
      7. Mammography
    2. Global Diagnostic Imaging Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Cardiology
      2. Oncology
      3. Neurology
      4. Orthopedics
      5. Gastroenterology
      6. Gynecology
      7. Other Applications
    3. Global Diagnostic Imaging Equipment Market, By Portability, 2021 - 2031 (USD Million)
      1. Stationary X-ray Imaging Systems
      2. Portable X-ray Imaging Systems
    4. Global Diagnostic Imaging Equipment Market, By End User, 2021 - 2031 (USD Million)
      1. Hospital
      2. Diagnostic Centers
      3. Other End Users
    5. Global Diagnostic Imaging Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Siemens Healthineers
      2. GE Healthcare
      3. Philips Healthcare
      4. Canon Medical Systems Corporation
      5. Hitachi Medical Corporation
      6. Hologic, Inc.
      7. Fujifilm Holdings Corporation
      8. Carestream Health, Inc.
      9. Samsung Medison
      10. Shimadzu Corporation
  7. Analyst Views
  8. Future Outlook of the Market