Diagnostic Imaging Equipment Market

By Modality;

Ultrasound Systems, X-Ray Imaging Systems, Computed Tomography (CT) Scanners, MRI Systems, Nuclear Imaging Systems and Mammography Systems

By Competitive Players;

Philips Healthcare, Siemens Healthcare, Shimadzu Corporation, Esaote S.p.A, GE Healthcare, Hologic, Inc. and Samsung Medison

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn158256961 Published Date: September, 2025 Updated Date: October, 2025

Diagnostic Imaging Equipment Market Overview

Diagnostic Imaging Equipment Market (USD Million)

Diagnostic Imaging Equipment Market was valued at USD 54,774.74 million in the year 2024. The size of this market is expected to increase to USD 77,063.29 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Diagnostic Imaging Equipment Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 54,774.74 Million
Market Size (2031)USD 77,063.29 Million
Market ConcentrationMedium
Report Pages326
54,774.74
2024
77,063.29
2031

Major Players

  • Siemens Healthineers
  • GE Healthcare
  • Philips Healthcare
  • Canon Medical Systems Corporation
  • Hitachi Medical Corporation
  • Hologic, Inc.
  • Fujifilm Holdings Corporation
  • Carestream Health, Inc.
  • Samsung Medison
  • Shimadzu Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Diagnostic Imaging Equipment Market

Fragmented - Highly competitive market without dominant players


The Diagnostic Imaging Equipment Market is witnessing strong momentum, driven by the growing need for accurate disease detection and advanced medical imaging solutions. Currently, more than 55% of hospital-based procedures depend on imaging technologies, underscoring their critical role in clinical decision-making. The increasing use of digital imaging and AI-powered diagnostic tools is further transforming the landscape of healthcare diagnostics.

Emphasis on Early Detection
Preventive healthcare trends are boosting the demand for early and accurate diagnosis. Reports indicate that nearly 60% of patients undergoing imaging benefit from improved treatment outcomes through timely evaluations. This emphasis on early detection and proactive healthcare has positioned diagnostic imaging as an essential component in modern medical practices.

Innovations in Imaging Technologies
Continuous technological improvements are reshaping the sector, with more than 45% of new product launches integrating AI, machine learning, and advanced software capabilities. These enhancements streamline diagnostic processes, deliver higher accuracy, and support faster medical reporting. The focus on innovation is ensuring greater efficiency for both patients and healthcare providers.

Wider Clinical Applications
Beyond conventional uses, diagnostic imaging equipment is gaining prominence in oncology, cardiology, and neurology, accounting for over 50% of its applications. Its integration with minimally invasive techniques is enhancing treatment precision, reducing risks, and improving patient recovery outcomes. This versatility is expanding its adoption across multiple specialties.

Healthcare Investments and Accessibility
Strategic investments from both government and private sectors are strengthening the reach of diagnostic imaging technologies. Around 40% of healthcare funding projects now prioritize advanced imaging systems, improving accessibility to cutting-edge diagnostic care. With growing awareness and policy support, the Diagnostic Imaging Equipment Market is set for continuous growth and innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Modality
    2. Market Snapshot, By Portability
    3. Market Snapshot, By Application

    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Diagnostic Imaging Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Increasing Prevalence of Chronic Diseases
        3. Growing Geriatric Population
        4. Rising Demand for Early Diagnosis
      2. Restraints
        1. High Cost of Equipment
        2. Stringent Regulatory Requirements
        3. Shortage of Skilled Professionals
        4. Limited Reimbursement Policies
      3. Opportunities
        1. Emerging Markets in Developing Countries
        2. Integration of AI and Machine Learning
        3. Growth in Telemedicine and Remote Monitoring
        4. Expansion of Point-of-Care Diagnostics
    2. PEST Analysis

      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Diagnostic Imaging Equipment Market, By Modality, 2021 - 2031 (USD Million)
      1. MRI
      2. Computed Tomography
      3. Ultrasound
      4. X-ray
      5. Nuclear Imaging
      6. Fluoroscopy
      7. Mammography
    2. Diagnostic Imaging Equipment Market, By Portability, 2021 - 2031 (USD Million)

      1. Stationary X-ray Imaging Systems

      2. Portable X-ray Imaging Systems

    3. Diagnostic Imaging Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Cardiology
      2. Oncology
      3. Neurology
      4. Orthopedics
      5. Gastroenterology
      6. Gynecology
      7. Others
    4. Diagnostic Imaging Equipment Market, By End User, 2021 - 2031 (USD Million)
      1. Hospital
      2. Diagnostic Centers
      3. Others
    5. Diagnostic Imaging Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Siemens Healthineers
      2. GE Healthcare
      3. Philips Healthcare
      4. Canon Medical Systems Corporation
      5. Hitachi Medical Corporation
      6. Hologic, Inc.
      7. Fujifilm Holdings Corporation
      8. Carestream Health, Inc.
      9. Samsung Medison
      10. Shimadzu Corporation
  7. Analyst Views
  8. Future Outlook of the Market