Diagnostic Imaging Market size was valued at USD 27.36 billion in 2024 and is set to exceed USD 54.21 billion by the end of 2037, registering over 5.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of diagnostic imaging is estimated at USD 28.54 billion.
The growth of the market can be attributed to the increasing incidence of chronic diseases such as cardiovascular, neurology disorders combined with the realigning healthcare systems have led to an increase in emphasis on early diagnosis. According to the Centers for Disease Control and Prevention (CDC), coronary artery disease (CAD) affects an estimated 18.2 million adults each year in the U.S. forecast estimates, and much alone. These factors are estimated to contribute to the growth of the market in the forecast period.
In addition to these, factors that are believed to fuel the market growth of diagnostic imaging include the rise in investments and collaboration between major key players. Developing and emerging countries are experiencing an increase in the number of medical imaging centers.
Author Credits: Radhika Pawar
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