Medical Imaging Market Analysis

Type (Computed Tomography, Magnetic Resonance Imaging, X-Ray, Ultrasound, Molecular Imaging)

The global medical imaging market is segmented and analyzed for demand and supply by type into computed tomography, magnetic resonance imaging, x-ray, ultrasound, and molecular imaging. Out of all, the x-ray segment is anticipated to hold the largest market size by the end of 2037. The growth of the segment is attributed to the higher utilization of x-rays for body scanning, growing demand for technological advancement in the medical industry, rising inclination towards digitalization and automation, and increasing spending capacity of individuals in developing countries. According to the World Health Organization, nearly 3.6 billion diagnostics such as X-rays are being carried out. Out of this 3.6 billion, x-ray accounts for 40% of the total medical imaging.

Our in-depth analysis of the global market includes the following segments:

By Type	Computed Tomography Magnetic Resonance Imaging X-Ray Ultrasound Molecular Imaging
By Application	Neurology Orthopedics Gynecology Oncology Others
By End User	Hospitals Diagnostic Imaging Centers Specialty Clinics Others

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of medical imaging is evaluated at USD 47.55 billion.

The medical imaging market size was over USD 45.3 billion in 2024 and is anticipated to exceed USD 98.7 billion by the end of 2037, witnessing over 6.3% CAGR during the forecast period i.e., between 2025-2037. Increased spending on healthcare sector, higher cases of heart issues, cancer & surgeries and technological advancement of equipment will impel the market growth.

North America industry is poised to dominate largest revenue share by 2037, on account of increasing need for CT scans, a higher number of cancer patients, rising injury cases in inpatient and outpatient groups, and elevating traumatic cases in the old people such as AlzheimerÃ¢â‚¬â„¢s disease in the region.

The major players in the market include Koninklijke Philips N.V., Fujifilm India Private Limited, Siemens Healthcare Private Limited, Samsung Medison Co., Ltd., Hitachi Medical Systems, Shimadzu Corporation, Toshiba International Corporation, Hologic, Inc., General Electric Company, Carestream Health.

Medical Imaging Market Analysis