Diagnostic Imaging Services Market Share

The North America diagnostic imaging services market is projected to hold the largest market share by the end of 2037. The growth of the market in the region can primarily be attributed to the growing awareness of the early diagnosis of disease and the rising geriatric population which is more prone to chronic and acute diseases which require advanced diagnostic imaging services. World Bank stated that the number of geriatrics reached 56,545,938 in 2021 solely in the USA. Moreover, other factors such as ongoing advancement in diagnostic imaging systems owing to technological improvement and the presence of well-structured healthcare infrastructure are anticipated to propel the growth of the market in the region over the forecast period. Further, the presence of the flourishing medical tourism sector in the region, along with the availability of supportive policies by the regulatory bodies that promote the market players to increase the imaging procedure volume to develop efficient treatment options, are also anticipated to contribute to the market growth in the region. In addition, the region's expanding healthcare industry and rising number of plants for diagnostic imaging tools and equipment are also anticipated to boost the market growth in the region during the forecast period.