Medical Imaging Equipment Services Market Size

Medical Imaging Equipment Services Market size was over USD 20.61 million in 2024 and is anticipated to cross USD 36.07 million by 2037, witnessing more than 4.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of medical imaging equipment services is assessed at USD 21.34 million.

The increasing cases of chronic, cardiovascular, and neurological diseases are responsible for the surge in the demand for medical imaging equipment in the health sector worldwide. According to estimates, in 2021, approximately 1,800,000 new cancer cases were diagnosed in the United States. Furthermore, according to the World Health Organization (WHO) data, globally about 17.9 million people died of cardiovascular diseases in 2019.

The global medical imaging equipment services market is also estimated to witness growth on account of the increasing geriatric population worldwide. Moreover, the integration of digital technology, and automation in medical imaging equipment along with other technological advancements is expected to majorly boost the market growth in the coming years.