Medical Imaging Equipment Market Synopsis:

Medical Imaging Equipment Market Size Was Valued at USD 40.31 Billion in 2023, and is Projected to Reach USD 62.53 Billion by 2032, Growing at a CAGR of 5.00% From 2024-2032.

The Medical Imaging Equipment Market relates to a broad range of equipment and systems that provide observer readable representations of the interior of a body for clinical use. Some of this imagining equipment include the X-ray, MRI, ultrasound, CT scanner and nuclear imaging equipment among others are used in the diagnosis, planning of management and even in management of many diseases, finding diseases at an early stage.

The key reason in the medical imaging equipment market is advancing diseases like cancer, cardiovascular diseases, neurological diseases, etc., needing frequent and advanced imaging procedures. Worldwide aging population bear a great portion of this trend since elderly patient requires imaging more often due to their poor health caused by chronic diseases. Also, patients” concern about diseases and availability of health care services contributed to the current trend of enhanced diagnostic processes all over the world especially in the developed countries with sound health care systems.

Another factor that has fuelled the growth of the market is that medical imaging has undergone major technological development in terms of the sophistication and quality of the imaging equipment, as well as the decreasing time required to conduct image examinations and the discovery of new diagnostic and image-guided intervention applications. For instance, employing AI in the imagers improves the interpretation of images, and increasing spatial accuracy through 3D and 4D imaging. Favourable government policies in terms of finance for healthcare sectors and facilities, the growth of the medical tourism industry in the developing countries and the consequent increase in healthcare sectors’ demands of upgraded image interpretation equipment all contribute more towards the global demands of the-healthcare facility sectors.

Medical Imaging Equipment Market

Medical Imaging Equipment Market Trend Analysis:

Increasing Preference for Portable and Point-of-Care Imaging

  • Also AI and ML are essential in medical imaging, they enhanced functionality in diagnostic procedures, techniques and speed. Artificial intelligence integrated tools help healthcare professionals interpret images much quicker and identify certain patterns that human eyes may not pick, improving early detection and diagnosis statistics. Multinational corporations are including AI algorithms in imaging systems for automating image analysis; Similarly, enhancing efficiency in hospital and diagnostic centers.

  • There is increasing call for portable imaging equipment for consumer-use such as in emergency, ICUs or OP environments. Carry along devices, for example, portable ultrasound machines can go to the patient’s location whether in a remote area or a patient with little mobility. This trend is a response to the need for decreasing the length of a hospital stay, elaboration of diagnosis, and the overall decrease in the cost of the healthcare industry, as many devices can contribute to quicker decision-making and better results outside the healthcare environment.

Rising Demand for Specialized Imaging Equipment

  • Among the emerging markets the Asia-Pacific, Latin America and African regions stand as the promising performers for the Medical Imaging Equipment Market because of overall integration of health care facilities, increasing health care spending and increasing awareness about better diagnostics technologies. Authorities in these areas are embracing the policy of healthcare enactment, therefore increasing the availability of premium imaging equipment to hospitals and diagnostic facilities. Companies that aim to provide affordable imaging technologies for such markets get a chance to dominate these growing markets.

  • Owing to diagnose particular healthcare requirement on a regular basis, there is enhanced requirement of specific imaging devices in certain categories of ailments such as oncology, cardiology and neurology. Certain specialties, for example oncological PET/CT or neurological MRI, new technologies for dedicated imaging systems provide targeted diagnostics and treatment options. It gives the opportunity to create or expand lines of products which meet specific market demands for higher accuracy of diagnostics or attract healthcare organizations which are oriented on the given scope of medical activity.

Medical Imaging Equipment Market Segment Analysis:

Medical Imaging Equipment Market is Segmented on the basis of Type, Technology, Application, End User, and Region

By Product Type, X-ray Imaging Systems segment is expected to dominate the market during the forecast period

  • The manufacturing categories of the medical imaging equipment market involve products which are used to take picture of internal human body organs for diagnosis. X-ray Imaging Systems are commonly used examining bones, detecting fractures and for screening for certain diseases such as pneumonia. Computed Tomography (CT) Scanners offer sectional image of internal organs and tissues and are used in diagnosis of diseases like tumors and cardiovascular diseases. MRI Equipment takes pictures of internal body parts using powerful magnets and radio waves so that physicians more frequently require it for diagnosing soft tissue conditions, particularly in neurology and orthopedic medicine. Depending on sound waves, Ultrasound Imaging Systems are used for generating realtime images mainly in Obstetrics for fetal structures and in cardiology for heart structures. Modern diagnostic imaging Nuclear Medicine Equipment like PET and SPECT depicts cell activity, used in cancer detection, and tracking metabolisms using small amounts of radioactive materials. Focusing on breast tissue imaging that is crucial for correct diagnosis of the disease at an early stage, Mammography Equipment is a leading manufacturer. The “Others” section includes other types of imaging equipment not listed above, but are unique to specific specialty areas in medicine.

By Application, Oncology segment expected to held the largest share

  • Medical imaging equipment is used for various purposes in many specializations of medical care. Imaging is a cornerstone of cancer diagnosis and management; CT, MRI and PET scans to identify tumours and to determine response to treatment. There exist several forms of imaging that have been incorporated in cardiology include echocardiography that is used to study the heart chamber; Cardiac MRI that is used in diagnosing condition like coronary artery disease as well as to direct interventional procedures. Neurology has intensive application of higher imaging techniques such as MRI and CT scans in diagnosing ailments having to do with the nervous system such as stroke, multiple sclerosis and neurological disorders. In orthopedic surgery, X-ray and MRI are very important in the assessment of fractures and joint diseases as well as soft tissue lesions. Imaging that is used in gastroenterology includes endoscopic ultrasound and CT to assess the state of the organs, and diagnose liver diseases as well as gastrointestinal cancer. Ultrasound and other imaging methods make gynecology possible, as it helps it observe fetal growth and discover various pathways of the female reproductive system. The “Others” consists mostly of specialty imaging applications that provide a channel for a lot of imaging requirements in the healthcare industry.

Medical Imaging Equipment Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

  • North America currently occupies the largest share of the Medical Imaging Equipment Market which is due to the well-developed health care sector, relatively high popularity of new technologies, and the active support of the authorities in the development of the industry. In particular, leading from the US, there is a large chain of hospitals and diagnostic centers that incorporate sophisticated imaging equipment into their systems. There is also a presence of some of the major manufacturers and growth in research activities in North America which place this area at the apex of the global market.

  • This is broadly due to sufficient reimbursement policies that have been implemented in the region, high overall healthcare spending, and a high incidence of chronic diseases that has been noted in the region and all these factors are known to support the growth of the medical imaging equipment industry. Attributes like skilled healthcare practitioners, mutual alliances between the healthcare facilities, and imaging companies along with the early adaptability of AI and telemedicine plays an addition constant to the North America’s dominant position in this market. Such favorable conditions viewed in the region place the area as having an important role in innovation and the market demand.

Active Key Players in the Medical Imaging Equipment Market:

  • Agfa-Gevaert Group (Belgium)

  • Canon Medical Systems (Japan)
  • Carestream Health (United States)
  • Fujifilm Holdings Corporation (Japan)
  • GE Healthcare (United States)
  • Hologic, Inc. (United States)
  • Mindray Medical International (China)
  • Philips Healthcare (Netherlands)
  • Shimadzu Corporation (Japan)
  • Siemens Healthineers (Germany)
  • Other Active Players

Medical Imaging Equipment Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 40.31 Billion

Forecast Period 2024-32 CAGR:

5.00 %

Market Size in 2032:

USD 62.53 Billion

Segments Covered:

By Product Type

  • X-ray Imaging Systems
  • Computed Tomography (CT) Scanners
  • Magnetic Resonance Imaging (MRI) Equipment
  • Ultrasound Imaging Systems
  • Nuclear Imaging Equipment
  • Mammography Equipment
  • Others

By Technology

  • 2D Imaging
  • 3D/4D Imaging
  • Digital Imaging
  • Analog Imaging

By Application

  • Oncology
  • Cardiology
  • Neurology
  • Orthopedics
  • Gastroenterology
  • Gynecology
  • Others

By End user

  • Hospitals
  • Diagnostic Imaging Centers
  • Ambulatory Surgical Centers (ASCs)
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, The Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Investments in Healthcare Infrastructure

Key Market Restraints:

  • Limitations on Reimbursement for Imaging Procedures

Key Opportunities:

  • Increasing Preference for Portable and Point-of-Care Imaging Devices

Companies Covered in the report:

  • Siemens Healthineers (Germany), GE Healthcare (United States), Philips Healthcare (Netherlands), Canon Medical Systems (Japan), Fujifilm Holdings Corporation (Japan), Shimadzu Corporation (Japan), Hologic, Inc. (United States), Carestream Health (United States), Agfa-Gevaert Group (Belgium), Mindray Medical International (China). and Other Active Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Medical Imaging Equipment Market by Product Type
 4.1 Medical Imaging Equipment Market Snapshot and Growth Engine
 4.2 Medical Imaging Equipment Market Overview
 4.3 X-ray Imaging Systems
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 X-ray Imaging Systems: Geographic Segmentation Analysis
 4.4 Computed Tomography (CT) Scanners
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Computed Tomography (CT) Scanners: Geographic Segmentation Analysis
 4.5 Magnetic Resonance Imaging (MRI) Equipment
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Magnetic Resonance Imaging (MRI) Equipment: Geographic Segmentation Analysis
 4.6 Ultrasound Imaging Systems
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Ultrasound Imaging Systems: Geographic Segmentation Analysis
 4.7 Nuclear Imaging Equipment
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Nuclear Imaging Equipment: Geographic Segmentation Analysis
 4.8 Mammography Equipment
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 Mammography Equipment: Geographic Segmentation Analysis
 4.9 Others
  4.9.1 Introduction and Market Overview
  4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.9.3 Key Market Trends, Growth Factors and Opportunities
  4.9.4 Others: Geographic Segmentation Analysis

Chapter 5: Medical Imaging Equipment Market by Technology
 5.1 Medical Imaging Equipment Market Snapshot and Growth Engine
 5.2 Medical Imaging Equipment Market Overview
 5.3 2D Imaging
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 2D Imaging: Geographic Segmentation Analysis
 5.4 3D/4D Imaging
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 3D/4D Imaging: Geographic Segmentation Analysis
 5.5 Digital Imaging
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Digital Imaging: Geographic Segmentation Analysis
 5.6 Analog Imaging
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Analog Imaging: Geographic Segmentation Analysis

Chapter 6: Medical Imaging Equipment Market by Application
 6.1 Medical Imaging Equipment Market Snapshot and Growth Engine
 6.2 Medical Imaging Equipment Market Overview
 6.3 Oncology
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Oncology: Geographic Segmentation Analysis
 6.4 Cardiology
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Cardiology: Geographic Segmentation Analysis
 6.5 Neurology
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Neurology: Geographic Segmentation Analysis
 6.6 Orthopedics
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Orthopedics: Geographic Segmentation Analysis
 6.7 Gastroenterology
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Gastroenterology: Geographic Segmentation Analysis
 6.8 Gynecology
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Gynecology: Geographic Segmentation Analysis
 6.9 Others
  6.9.1 Introduction and Market Overview
  6.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.9.3 Key Market Trends, Growth Factors and Opportunities
  6.9.4 Others: Geographic Segmentation Analysis

Chapter 7: Medical Imaging Equipment Market by End User
 7.1 Medical Imaging Equipment Market Snapshot and Growth Engine
 7.2 Medical Imaging Equipment Market Overview
 7.3 Hospitals
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Hospitals: Geographic Segmentation Analysis
 7.4 Diagnostic Imaging Centers
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Diagnostic Imaging Centers: Geographic Segmentation Analysis
 7.5 Ambulatory Surgical Centers (ASCs)
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Ambulatory Surgical Centers (ASCs) : Geographic Segmentation Analysis
 7.6 Others
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Others: Geographic Segmentation Analysis

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Benchmarking
  8.1.2 Medical Imaging Equipment Market Share by Manufacturer (2023)
  8.1.3 Industry BCG Matrix
  8.1.4 Heat Map Analysis
  8.1.5 Mergers and Acquisitions  
 8.2 SIEMENS HEALTHINEERS (GERMANY)
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Role of the Company in the Market
  8.2.5 Sustainability and Social Responsibility
  8.2.6 Operating Business Segments
  8.2.7 Product Portfolio
  8.2.8 Business Performance
  8.2.9 Key Strategic Moves and Recent Developments
  8.2.10 SWOT Analysis
 8.3 GE HEALTHCARE (UNITED STATES)
 8.4 PHILIPS HEALTHCARE (NETHERLANDS)
 8.5 CANON MEDICAL SYSTEMS (JAPAN)
 8.6 FUJIFILM HOLDINGS CORPORATION (JAPAN)
 8.7 SHIMADZU CORPORATION (JAPAN)
 8.8 HOLOGIC INC. (UNITED STATES)
 8.9 CARESTREAM HEALTH (UNITED STATES)
 8.10 AGFA-GEVAERT GROUP (BELGIUM)
 8.11 MINDRAY MEDICAL INTERNATIONAL (CHINA)
 8.12 OTHER ACTIVE PLAYERS

Chapter 9: Global Medical Imaging Equipment Market By Region
 9.1 Overview
9.2. North America Medical Imaging Equipment Market
  9.2.1 Key Market Trends, Growth Factors and Opportunities
  9.2.2 Top Key Companies
  9.2.3 Historic and Forecasted Market Size by Segments
  9.2.4 Historic and Forecasted Market Size By Product Type
  9.2.4.1 X-ray Imaging Systems
  9.2.4.2 Computed Tomography (CT) Scanners
  9.2.4.3 Magnetic Resonance Imaging (MRI) Equipment
  9.2.4.4 Ultrasound Imaging Systems
  9.2.4.5 Nuclear Imaging Equipment
  9.2.4.6 Mammography Equipment
  9.2.4.7 Others
  9.2.5 Historic and Forecasted Market Size By Technology
  9.2.5.1 2D Imaging
  9.2.5.2 3D/4D Imaging
  9.2.5.3 Digital Imaging
  9.2.5.4 Analog Imaging
  9.2.6 Historic and Forecasted Market Size By Application
  9.2.6.1 Oncology
  9.2.6.2 Cardiology
  9.2.6.3 Neurology
  9.2.6.4 Orthopedics
  9.2.6.5 Gastroenterology
  9.2.6.6 Gynecology
  9.2.6.7 Others
  9.2.7 Historic and Forecasted Market Size By End User
  9.2.7.1 Hospitals
  9.2.7.2 Diagnostic Imaging Centers
  9.2.7.3 Ambulatory Surgical Centers (ASCs)
  9.2.7.4 Others
  9.2.8 Historic and Forecast Market Size by Country
  9.2.8.1 US
  9.2.8.2 Canada
  9.2.8.3 Mexico
9.3. Eastern Europe Medical Imaging Equipment Market
  9.3.1 Key Market Trends, Growth Factors and Opportunities
  9.3.2 Top Key Companies
  9.3.3 Historic and Forecasted Market Size by Segments
  9.3.4 Historic and Forecasted Market Size By Product Type
  9.3.4.1 X-ray Imaging Systems
  9.3.4.2 Computed Tomography (CT) Scanners
  9.3.4.3 Magnetic Resonance Imaging (MRI) Equipment
  9.3.4.4 Ultrasound Imaging Systems
  9.3.4.5 Nuclear Imaging Equipment
  9.3.4.6 Mammography Equipment
  9.3.4.7 Others
  9.3.5 Historic and Forecasted Market Size By Technology
  9.3.5.1 2D Imaging
  9.3.5.2 3D/4D Imaging
  9.3.5.3 Digital Imaging
  9.3.5.4 Analog Imaging
  9.3.6 Historic and Forecasted Market Size By Application
  9.3.6.1 Oncology
  9.3.6.2 Cardiology
  9.3.6.3 Neurology
  9.3.6.4 Orthopedics
  9.3.6.5 Gastroenterology
  9.3.6.6 Gynecology
  9.3.6.7 Others
  9.3.7 Historic and Forecasted Market Size By End User
  9.3.7.1 Hospitals
  9.3.7.2 Diagnostic Imaging Centers
  9.3.7.3 Ambulatory Surgical Centers (ASCs)
  9.3.7.4 Others
  9.3.8 Historic and Forecast Market Size by Country
  9.3.8.1 Russia
  9.3.8.2 Bulgaria
  9.3.8.3 The Czech Republic
  9.3.8.4 Hungary
  9.3.8.5 Poland
  9.3.8.6 Romania
  9.3.8.7 Rest of Eastern Europe
9.4. Western Europe Medical Imaging Equipment Market
  9.4.1 Key Market Trends, Growth Factors and Opportunities
  9.4.2 Top Key Companies
  9.4.3 Historic and Forecasted Market Size by Segments
  9.4.4 Historic and Forecasted Market Size By Product Type
  9.4.4.1 X-ray Imaging Systems
  9.4.4.2 Computed Tomography (CT) Scanners
  9.4.4.3 Magnetic Resonance Imaging (MRI) Equipment
  9.4.4.4 Ultrasound Imaging Systems
  9.4.4.5 Nuclear Imaging Equipment
  9.4.4.6 Mammography Equipment
  9.4.4.7 Others
  9.4.5 Historic and Forecasted Market Size By Technology
  9.4.5.1 2D Imaging
  9.4.5.2 3D/4D Imaging
  9.4.5.3 Digital Imaging
  9.4.5.4 Analog Imaging
  9.4.6 Historic and Forecasted Market Size By Application
  9.4.6.1 Oncology
  9.4.6.2 Cardiology
  9.4.6.3 Neurology
  9.4.6.4 Orthopedics
  9.4.6.5 Gastroenterology
  9.4.6.6 Gynecology
  9.4.6.7 Others
  9.4.7 Historic and Forecasted Market Size By End User
  9.4.7.1 Hospitals
  9.4.7.2 Diagnostic Imaging Centers
  9.4.7.3 Ambulatory Surgical Centers (ASCs)
  9.4.7.4 Others
  9.4.8 Historic and Forecast Market Size by Country
  9.4.8.1 Germany
  9.4.8.2 UK
  9.4.8.3 France
  9.4.8.4 The Netherlands
  9.4.8.5 Italy
  9.4.8.6 Spain
  9.4.8.7 Rest of Western Europe
9.5. Asia Pacific Medical Imaging Equipment Market
  9.5.1 Key Market Trends, Growth Factors and Opportunities
  9.5.2 Top Key Companies
  9.5.3 Historic and Forecasted Market Size by Segments
  9.5.4 Historic and Forecasted Market Size By Product Type
  9.5.4.1 X-ray Imaging Systems
  9.5.4.2 Computed Tomography (CT) Scanners
  9.5.4.3 Magnetic Resonance Imaging (MRI) Equipment
  9.5.4.4 Ultrasound Imaging Systems
  9.5.4.5 Nuclear Imaging Equipment
  9.5.4.6 Mammography Equipment
  9.5.4.7 Others
  9.5.5 Historic and Forecasted Market Size By Technology
  9.5.5.1 2D Imaging
  9.5.5.2 3D/4D Imaging
  9.5.5.3 Digital Imaging
  9.5.5.4 Analog Imaging
  9.5.6 Historic and Forecasted Market Size By Application
  9.5.6.1 Oncology
  9.5.6.2 Cardiology
  9.5.6.3 Neurology
  9.5.6.4 Orthopedics
  9.5.6.5 Gastroenterology
  9.5.6.6 Gynecology
  9.5.6.7 Others
  9.5.7 Historic and Forecasted Market Size By End User
  9.5.7.1 Hospitals
  9.5.7.2 Diagnostic Imaging Centers
  9.5.7.3 Ambulatory Surgical Centers (ASCs)
  9.5.7.4 Others
  9.5.8 Historic and Forecast Market Size by Country
  9.5.8.1 China
  9.5.8.2 India
  9.5.8.3 Japan
  9.5.8.4 South Korea
  9.5.8.5 Malaysia
  9.5.8.6 Thailand
  9.5.8.7 Vietnam
  9.5.8.8 The Philippines
  9.5.8.9 Australia
  9.5.8.10 New Zealand
  9.5.8.11 Rest of APAC
9.6. Middle East & Africa Medical Imaging Equipment Market
  9.6.1 Key Market Trends, Growth Factors and Opportunities
  9.6.2 Top Key Companies
  9.6.3 Historic and Forecasted Market Size by Segments
  9.6.4 Historic and Forecasted Market Size By Product Type
  9.6.4.1 X-ray Imaging Systems
  9.6.4.2 Computed Tomography (CT) Scanners
  9.6.4.3 Magnetic Resonance Imaging (MRI) Equipment
  9.6.4.4 Ultrasound Imaging Systems
  9.6.4.5 Nuclear Imaging Equipment
  9.6.4.6 Mammography Equipment
  9.6.4.7 Others
  9.6.5 Historic and Forecasted Market Size By Technology
  9.6.5.1 2D Imaging
  9.6.5.2 3D/4D Imaging
  9.6.5.3 Digital Imaging
  9.6.5.4 Analog Imaging
  9.6.6 Historic and Forecasted Market Size By Application
  9.6.6.1 Oncology
  9.6.6.2 Cardiology
  9.6.6.3 Neurology
  9.6.6.4 Orthopedics
  9.6.6.5 Gastroenterology
  9.6.6.6 Gynecology
  9.6.6.7 Others
  9.6.7 Historic and Forecasted Market Size By End User
  9.6.7.1 Hospitals
  9.6.7.2 Diagnostic Imaging Centers
  9.6.7.3 Ambulatory Surgical Centers (ASCs)
  9.6.7.4 Others
  9.6.8 Historic and Forecast Market Size by Country
  9.6.8.1 Turkiye
  9.6.8.2 Bahrain
  9.6.8.3 Kuwait
  9.6.8.4 Saudi Arabia
  9.6.8.5 Qatar
  9.6.8.6 UAE
  9.6.8.7 Israel
  9.6.8.8 South Africa
9.7. South America Medical Imaging Equipment Market
  9.7.1 Key Market Trends, Growth Factors and Opportunities
  9.7.2 Top Key Companies
  9.7.3 Historic and Forecasted Market Size by Segments
  9.7.4 Historic and Forecasted Market Size By Product Type
  9.7.4.1 X-ray Imaging Systems
  9.7.4.2 Computed Tomography (CT) Scanners
  9.7.4.3 Magnetic Resonance Imaging (MRI) Equipment
  9.7.4.4 Ultrasound Imaging Systems
  9.7.4.5 Nuclear Imaging Equipment
  9.7.4.6 Mammography Equipment
  9.7.4.7 Others
  9.7.5 Historic and Forecasted Market Size By Technology
  9.7.5.1 2D Imaging
  9.7.5.2 3D/4D Imaging
  9.7.5.3 Digital Imaging
  9.7.5.4 Analog Imaging
  9.7.6 Historic and Forecasted Market Size By Application
  9.7.6.1 Oncology
  9.7.6.2 Cardiology
  9.7.6.3 Neurology
  9.7.6.4 Orthopedics
  9.7.6.5 Gastroenterology
  9.7.6.6 Gynecology
  9.7.6.7 Others
  9.7.7 Historic and Forecasted Market Size By End User
  9.7.7.1 Hospitals
  9.7.7.2 Diagnostic Imaging Centers
  9.7.7.3 Ambulatory Surgical Centers (ASCs)
  9.7.7.4 Others
  9.7.8 Historic and Forecast Market Size by Country
  9.7.8.1 Brazil
  9.7.8.2 Argentina
  9.7.8.3 Rest of SA

Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies

Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research
 

Medical Imaging Equipment Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 40.31 Billion

Forecast Period 2024-32 CAGR:

5.00 %

Market Size in 2032:

USD 62.53 Billion

Segments Covered:

By Product Type

  • X-ray Imaging Systems
  • Computed Tomography (CT) Scanners
  • Magnetic Resonance Imaging (MRI) Equipment
  • Ultrasound Imaging Systems
  • Nuclear Imaging Equipment
  • Mammography Equipment
  • Others

By Technology

  • 2D Imaging
  • 3D/4D Imaging
  • Digital Imaging
  • Analog Imaging

By Application

  • Oncology
  • Cardiology
  • Neurology
  • Orthopedics
  • Gastroenterology
  • Gynecology
  • Others

By End user

  • Hospitals
  • Diagnostic Imaging Centers
  • Ambulatory Surgical Centers (ASCs)
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, The Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Investments in Healthcare Infrastructure

Key Market Restraints:

  • Limitations on Reimbursement for Imaging Procedures

Key Opportunities:

  • Increasing Preference for Portable and Point-of-Care Imaging Devices

Companies Covered in the report:

  • Siemens Healthineers (Germany), GE Healthcare (United States), Philips Healthcare (Netherlands), Canon Medical Systems (Japan), Fujifilm Holdings Corporation (Japan), Shimadzu Corporation (Japan), Hologic, Inc. (United States), Carestream Health (United States), Agfa-Gevaert Group (Belgium), Mindray Medical International (China). and Other Active Players.

Frequently Asked Questions :

What would be the forecast period in the Medical Imaging Equipment Market research report?
The forecast period in the Medical Imaging Equipment Market research report is 2024-2032.
Who are the key players in the Medical Imaging Equipment Market?
Siemens Healthineers (Germany), GE Healthcare (United States), Philips Healthcare (Netherlands), Canon Medical Systems (Japan), Fujifilm Holdings Corporation (Japan), Shimadzu Corporation (Japan), Hologic, Inc. (United States), Carestream Health (United States), Agfa-Gevaert Group (Belgium), Mindray Medical International (China). and Other Active Players.
What are the segments of the Medical Imaging Equipment Market?
The Medical Imaging Equipment Market is segmented into by Product Type (X-ray Imaging Systems, Computed Tomography (CT) Scanners, Magnetic Resonance Imaging (MRI) Equipment, Ultrasound Imaging Systems, Nuclear Imaging Equipment, Mammography Equipment, Others), Technology (2D Imaging, 3D/4D Imaging, Digital Imaging, Analog Imaging), Application (Oncology, Cardiology, Neurology, Orthopedics, Gastroenterology, Gynecology, Others), End User (Hospitals, Diagnostic Imaging Centers, Ambulatory Surgical Centers (ASCs) ,Others). By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Russia, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
What is the Medical Imaging Equipment Market?
The Medical Imaging Equipment Market relates to a broad range of equipment and systems that provide observer readable representations of the interior of a body for clinical use. Some of this imagining equipment include the X-ray, MRI, ultrasound, CT scanner and nuclear imaging equipment among others are used in the diagnosis, planning of management and even in management of many diseases, finding diseases at an early stage.
How big is the Medical Imaging Equipment Market?
Medical Imaging Equipment Market Size Was Valued at USD 40.31 Billion in 2023, and is Projected to Reach USD 62.53 Billion by 2032, Growing at a CAGR of 5.00% From 2024-2032.