Image Sensor Market Size

Image Sensor Market size was over USD 28.34 billion in 2024 and is expected to reach USD 79.9 billion by the end of 2037, witnessing around 8.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of image sensor is assessed at USD 30.22 billion. The market growth is driven by the emerging use of image sensors in healthcare. In healthcare, image sensors are being used for medical imaging, including X-rays, CT scans, and ultrasounds. For instance, the handheld X-ray system from United Imaging Healthcare provides accurate 3D breast imaging while offering high breast biopsy efficiency. These sensors enable high-quality imaging with a low radiation dose, making them a safer and more effective alternative to traditional imaging methods.

In addition, as the demand for higher resolution in electronic devices increases, image sensor manufacturers are working to develop image sensors with smaller sizes but higher resolution, which is more cost-effective. This is expected to drive the growth of the image sensor market over the forecast period.