Diagnostic Imaging Market by Product, End-User

List of Tables

[192 Pages Report] The Diagnostic Imaging Market size was estimated at USD 26.65 billion in 2023 and expected to reach USD 28.07 billion in 2024, at a CAGR 5.46% to reach USD 38.68 billion by 2030.

Global Diagnostic Imaging Market

KEY MARKET STATISTICS
Base Year [2023]	USD 26.65 billion
Estimated Year [2024]	USD 28.07 billion
Forecast Year [2030]	USD 38.68 billion
CAGR (%)	5.46%

Diagnostic imaging is related to non-invasive techniques that allow medical professionals to visualize structures within the human body for diagnostic and treatment purposes. These technologies enable healthcare providers to evaluate diseases and injuries and monitor the progress of treatments by providing high-quality images of internal organs, tissues, and bones. The geriatric population has an increased prevalence of chronic disorders requiring advanced diagnostics and growing demand for early diagnosis through less invasive procedures, rising the utilization of diagnostic imaging solutions. Additionally, increasing investments from both public and private sectors in healthcare infrastructure development and supportive government policies foster innovation in medical equipment manufacturing. Alongside factors including high equipment costs, which may limit accessibility for smaller healthcare facilities operating on constrained budgets. Stringent regulatory frameworks governing device approvals that lengthen product development timelines and increase research & development expenditures. Furthermore, innovative product development based on emerging technologies like artificial intelligence (AI) and machine learning algorithms that optimize image interpretation creates opportunities for market growth.

Regional Insights

Growing awareness about early diagnosis and prevention of diseases has been observed globally. In the Americas, early diagnosis led to increased demand for diagnostic imaging services such as MRI, CT scans, ultrasound, and X-rays. The region has also seen a rising number of patents filed in recent years, showcasing the interest of key industry players in developing innovative technologies. European countries have a well-established healthcare infrastructure that supports the widespread use of diagnostic imaging techniques. The European Union has been active in promoting research related to these technologies through programs such as Horizon 2020. Countries, including the United Kingdom, France, and Germany, lead in terms of adoption rates for advanced diagnostic imaging systems throughout Europe. Furthermore, companies within this region continue to focus on R&D activities aimed at improving existing systems and introducing new products with higher accuracy levels. The Asia Pacific region holds tremendous potential for the diagnostic imaging market, with countries such as China, Japan, and India being the major contributors. These countries exhibit a high rate of technological advancements in healthcare and a large patient population, which drives demand for effective diagnostic services.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Diagnostic Imaging Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Diagnostic Imaging Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Diagnostic Imaging Market, highlighting leading vendors and their innovative profiles. These include Agfa-Gevaert Group, Allengers Medical Systems Ltd., Analogic Corporation, Aspect Imaging Ltd., Avonix Imaging, LLC by Nikon Corporation, Canon Medical Systems Corporation, Carestream Health, Inc., Clarius Mobile Health Corp., CMR Naviscan Corporation, ESAOTE S.P.A., FUJIFILM Corporation, GE HealthCare Technologies Inc., Hitachi, Ltd., Hologic, Inc., Konica Minolta, Inc., Koninklijke Philips N.V., Neusoft Corporation, Planmed Oy, Shimadzu Corporation, Siemens Healthineers AG, SternMed GmbH., Time Medical Holding, and TRIVITRON Healthcare.

Market Segmentation & Coverage

This research report categorizes the Diagnostic Imaging Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- CT Scanners
- Magnetic Resonance Imaging
- Mammography Systems
- Nuclear Imaging Systems
- Ultrasound Systems
- X-ray Imaging Systems
End-User
- Diagnostic Imaging Centers
- Hospitals
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Diagnostic Imaging Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Diagnostic Imaging Market?

3. What are the technology trends and regulatory frameworks in the Diagnostic Imaging Market?

4. What is the market share of the leading vendors in the Diagnostic Imaging Market?

5. Which modes and strategic moves are suitable for entering the Diagnostic Imaging Market?

Product Code: MRR-CF6C60CF95C4

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Diagnostic Imaging Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing prevalence of chronic diseases across the world
  - 5.1.1.2. Expanding adoption of point-of-care diagnostics
  - 5.1.1.3. Growing preference towards minimally invasive surgery among patients and healthcare professionals
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with diagnostic imaging
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing advancements in diagnostic imaging devices
  - 5.1.3.2. Integration of diagnostic imaging devices with telemedicine practices
- 5.1.4. Challenges
  - 5.1.4.1. Lack of skilled professionals
5.2. Market Segmentation Analysis
- 5.2.1. Product: Increasing integration of AI technology in ultrasound systems
- 5.2.2. End-User: Rising investments in expansion of diagnostic imaging centers
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Diagnostic Imaging Market, by Product

6.1. Introduction
6.2. CT Scanners
6.3. Magnetic Resonance Imaging
6.4. Mammography Systems
6.5. Nuclear Imaging Systems
6.6. Ultrasound Systems
6.7. X-ray Imaging Systems

7. Diagnostic Imaging Market, by End-User

7.1. Introduction
7.2. Diagnostic Imaging Centers
7.3. Hospitals

8. Americas Diagnostic Imaging Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Diagnostic Imaging Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Diagnostic Imaging Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
- 11.3.1. Merger & Acquisition
  - 11.3.1.1. Siemens Healthineers and CommonSpirit Health Acquire Block Imaging
  - 11.3.1.2. Modular Devices Acquires Interim Diagnostic Imaging
- 11.3.2. New Product Launch & Enhancement
  - 11.3.2.1. Fujifilm Launches New MRI System, ECHELON Synergy with Deep Learning Reconstruction Technology

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. Agfa-Gevaert Group
- 12.1.2. Allengers Medical Systems Ltd.
- 12.1.3. Analogic Corporation
- 12.1.4. Aspect Imaging Ltd.
- 12.1.5. Avonix Imaging, LLC by Nikon Corporation
- 12.1.6. Canon Medical Systems Corporation
- 12.1.7. Carestream Health, Inc.
- 12.1.8. Clarius Mobile Health Corp.
- 12.1.9. CMR Naviscan Corporation
- 12.1.10. ESAOTE S.P.A.
- 12.1.11. FUJIFILM Corporation
- 12.1.12. GE HealthCare Technologies Inc.
- 12.1.13. Hitachi, Ltd.
- 12.1.14. Hologic, Inc.
- 12.1.15. Konica Minolta, Inc.
- 12.1.16. Koninklijke Philips N.V.
- 12.1.17. Neusoft Corporation
- 12.1.18. Planmed Oy
- 12.1.19. Shimadzu Corporation
- 12.1.20. Siemens Healthineers AG
- 12.1.21. SternMed GmbH.
- 12.1.22. Time Medical Holding
- 12.1.23. TRIVITRON Healthcare
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing