Global Medical Imaging Phantoms Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Device;

X-ray/Fluoroscopy Phantoms, Ultrasound Phantoms, Computed Tomography (CT) Phantoms, Magnetic Resonance Imaging (MRI) Phantoms, Nuclear Imaging Phantoms, and Others.

By Material;

Simulating Organs, and False Organs.

By End Users;

Hospitals, Academic & Research Institutes, Diagnostic & Reference Laboratories, and Medical Device Companies.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn731033263 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Medical Imaging Phantoms Market (USD Million), 2021 - 2031

In the year 2024, the Global Medical Imaging Phantoms Market was valued at USD 1,492.29 million. The size of this market is expected to increase to USD 1,911.49 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

The Global Medical Imaging Phantoms Market is experiencing significant growth, driven by advancements in medical imaging technology and the increasing demand for high-quality diagnostic tools. Medical imaging phantoms are essential devices used to calibrate, test, and optimize imaging equipment, ensuring accurate and reliable results. These phantoms simulate human tissue properties, allowing healthcare professionals to validate the performance of imaging systems such as MRI, CT, ultrasound, and X-ray machines.

As the prevalence of chronic diseases and the aging population continue to rise, the need for precise diagnostic imaging becomes even more critical. Medical imaging phantoms play a crucial role in maintaining the accuracy and consistency of imaging modalities, thereby enhancing patient outcomes and safety. The market is also bolstered by the growing focus on preventive healthcare and the increasing adoption of advanced imaging techniques in both developed and developing regions.

Technological innovations and the integration of artificial intelligence (AI) in imaging systems are further propelling the market. These advancements not only improve the functionality and efficiency of imaging devices but also necessitate the use of sophisticated phantoms for calibration and testing. The rise in government initiatives and funding for healthcare infrastructure development is creating lucrative opportunities for market expansion.

In this dynamic environment, key players in the medical imaging phantoms market are focusing on product innovation, strategic partnerships, and acquisitions to enhance their market presence and meet the evolving needs of the healthcare industry. The market's growth trajectory is poised to continue as the demand for accurate diagnostic imaging and quality assurance in medical imaging practices remains paramount.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Device
    2. Market Snapshot, By Material
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Medical Imaging Phantoms Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for precise diagnostic imaging
        2. Increasing prevalence of chronic diseases
        3. Rise in healthcare spending
        4. Focus on patient safety and quality assurance
        5. Proliferation of diagnostic laboratories
      2. Restraints
        1. Limited skilled workforce
        2. Stringent regulatory requirements
        3. Slow technology adoption
        4. Maintenance expenses of imaging equipment
        5. Complexities in phantom manufacturing
      3. Opportunities
        1. Innovations in materials and design
        2. Collaboration between academia and industry
        3. Increased use in radiology and nuclear medicine
        4. Growth in telemedicine
        5. Development of multi-functional phantoms
    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 Medical Imaging Phantoms Market, By Device, 2021 - 2031 (USD Million)
      1. X-ray/Fluoroscopy Phantoms
      2. Ultrasound Phantoms
      3. Computed Tomography (CT) Phantoms
      4. Magnetic Resonance Imaging (MRI) Phantoms
      5. Nuclear Imaging Phantoms
      6. Others
    2. Global Medical Imaging Phantoms Market, By Material, 2021 - 2031 (USD Million)
      1. Simulating Organs
      2. False Organs
    3. Global Medical Imaging Phantoms Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Academic & Research Institutes
      3. Diagnostic & Reference Laboratories
      4. Medical Device Companies
    4. Global Medical Imaging Phantoms 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. Radiology Reports online (U.S.)
      2. Siemens (Germany)
      3. Sonic Healthcare Limited (Australia)
      4. RadNet, Inc. (U.S.)
      5. General Electric (U.S.)
      6. Akumin Inc. (U.S.)
      7. Hologic Inc. (U.S.)
      8. Shimadzu Corporation (Japan)
      9. Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
      10. CANON MEDICAL SYSTEMS CORPORATION (Japan)
      11. Carl Zeiss Ag (Germany)
      12. FUJIFILM Corporation (Japan)
      13. Hitachi, Ltd. (Japan)
      14. MEDNAX Services, Inc. (U.S.)
      15. Carestream Health (U.S.)
      16. Teleradiology Solutions (U.S.)
      17. UNILABS (Switzerland)
      18. ONRAD, Inc. (U.S.)
  7. Analyst Views
  8. Future Outlook of the Market