Diagnostic Imaging Equipment Market Analysis

Product (CT Scanners, Nuclear Imaging Equipment, MRI Systems, X-Ray Devices)

The global diagnostic imaging equipment market is segmented and analyzed for demand and supply by product into computed tomography, magnetic resonance imaging, x-ray, ultrasound, and molecular imaging. Out of all, the x-ray segment is anticipated to hold the largest market size by the end of 2035. The segment is to grow on the account of growing needs of conducting x-ray for detecting bone fractures, lung issues and other problems. The World Health Organization (WHO) estimates that 3.6 billion diagnostic procedures, including X-rays, are performed annually. Among these 3.6 billion, X-rays make up 40% of all medical imaging procedures. Moreover, the rising cases of bone fractures is to boost the growth of the segment. For instance, the prevalence of hip fractures in males is expected to rise by 310% and in women by 240% globally by 2050.

Our in-depth analysis of the global diagnostic imaging equipment market includes the following segments:

By Product	Computed Tomography (CT) Scanners Nuclear Imaging (NI) Equipment Magnetic Resonance Imaging (MRI) Systems X-Ray Devices Others
By End User	Hospitals Private Diagnostic Laboratories Research Laboratories

Frequently Asked Questions (FAQ)

Increasing public awareness of chronic diseases, rising healthcare costs, and the demand for early diagnostics are some of the key drivers propelling the market's expansion.

The market is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023-2035.

The rising prices of diagnostic equipment, insufficient machine in underdeveloped areas and risk of getting expose to rays are the few factors which are to hamper the market growth.

The market in North America is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are General Electric Company, Koninklijke Philips N.V., Canon Medical Systems Corporation, Carestream Health, Hitachi Medical Systems, Hologic, Inc., Samsung Medison Co., Ltd., Shimadzu Corporation, FONAR Corp., Siemens Healthcare GmbH and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product, end user, and by region.

The X-ray segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Diagnostic Imaging Equipment Market Analysis