Multimodal Imaging Market Size

Multimodal Imaging Market size was valued at USD 3.42 billion in 2024 and is set to exceed USD 7.57 billion by 2037, registering over 6.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of multimodal imaging is evaluated at USD 3.59 billion.

The market is estimated to grow on the back of the rising level of the geriatric population globally as they are more prone to chronic diseases and the increasing research & development in radiotracer technology along with government support for promoting multimodal imaging research through research grants. According to the World Health Organization data, the global population of people aged 60 and above is expected to increase to 1.4 billion by the end of 2030 and this figure is projected to reach 2.1 billion by 2050.

Multimodal imaging technology helps in the early detection of diseases in fields such as urology and oncology. The global multimodal imaging market is estimated to witness growth on account of its increasing adoption in various applications including urology, cardiology, and neurological surgeries. Moreover, increasing technological advancements in diagnostic imaging modalities are also expected to drive the growth of the global multimodal imaging market in the coming years. Furthermore, the rapid development of software that provides accurate data and interpretation is anticipated to increase the usage of multimodal imaging for diagnosis, identification of diseases, improve treatment processes, and enhance patient monitoring. Moreover, multimodal imaging has been highly used by surgeons owing to the recent technological advancements and increased preference for minimally invasive medical procedures along with the early need treatment intervention. In addition, the usage of different types of multimodal imaging techniques such as PET/CT, MR/CT, SPECT/CT, and CT/CT is anticipated to generate revenue for the market as multimodal imaging helps locate disease and anatomically guide the surgeon and aid patients to receive better treatment.