Diagnostic Imaging Market Share

North American Market Forecast

The  diagnostic imaging market in North America is projected to be the largest with a share of about 35% during the projected period. The growth of the market in the region can be attributed majorly to the increasing technical progress, an increase in the level of affordability within the population, and a rise in diagnostic procedures each year can be attributed to growth. Moreover, given that there are well-established medical facilities and increasing demand for high-quality health systems from an aging population as well as a growing incidence of chronic disease, this market is expected to grow over the forecast period. Market growth is also projected to be driven by an increasing number of neurological disorders, such as brain tumors. An estimated 83,750 people in the United States were diagnosed with brain and other central nervous system tumors in 2021, according to an article published in the American Cancer Society Journal in 2022.

APAC Market Statistics

The Asia Pacific diagnostic imaging market is estimated to grow significantly by the end of 2037. The growth of the market can be attributed majorly to the growing demand for diagnostic imaging techniques in the region. Moreover, market players are offered a lucrative opportunity in the region of Asia where there is an extensive and aging existing base of imaging equipment. The demand for new medical imaging systems is expected to be driven by this as well as a rapidly developing healthcare and hospital infrastructure in the region over the forecast period.