Global Radiology Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Imaging;

Cardiovascular Imaging, Chest Imaging, Dental Imaging, Mammography Imaging, Orthopedic Imaging, and Others

By Type;

Computed Radiology and Direct Digital Radiology

By Application;

Cardiovascular, Oncology, Gynecology, Neurology, Urology, Dental, Pelvic & Abdominal, Musculoskeletal, and Others

By End Users;

Hospitals, Ambulatory Centers, Diagnostic Centers, Clinics, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn154866734 Published Date: May, 2025 Updated Date: June, 2025

Radiology Services Market Overview

Radiology Services Market (USD Million)

Radiology Services Market was valued at USD 8,553.41 million in the year 2024. The size of this market is expected to increase to USD 23,811.49 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.8%.


Global Radiology Services Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 15.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)15.8 %
Market Size (2024)USD 8,553.41 Million
Market Size (2031)USD 23,811.49 Million
Market ConcentrationLow
Report Pages374
8,553.41
2024
23,811.49
2031

Major Players

  • RadNet, Inc.
  • Alliance HealthCare Services
  • Sonic Healthcare Limited
  • Envision Healthcare Corporation
  • MEDNAX Services, Inc.
  • UNILABS
  • Everlight Radiology
  • vRad (Virtual Radiologic)
  • 4ways Healthcare Limited
  • ONRAD, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Radiology Services Market

Fragmented - Highly competitive market without dominant players


The Radiology Services Market is expanding rapidly, driven by the rising demand for advanced imaging technologies and early disease detection. With chronic diseases and an aging population accounting for nearly 60% of the total demand, this market is positioned for steady growth. Continuous innovations in diagnostic imaging and personalized treatment approaches are further fueling this trend.

Technological Advancements Fueling Growth
The adoption of cutting-edge technologies like AI-enabled imaging and 3D/4D imaging systems is reshaping the radiology landscape, leading to improved patient outcomes and faster diagnoses. Currently, AI-driven imaging systems contribute to over 35% of the market, highlighting the increasing focus on automation and precision healthcare.

Rising Demand for Non-Invasive Diagnostic Solutions
The shift towards non-invasive diagnostic solutions is becoming more prominent as patients and healthcare providers prioritize comfort and faster recovery. Non-invasive procedures now account for more than 40% of total radiology procedures, reflecting the ongoing preference for less intrusive medical options.

Impact of Digital Transformation
Digital healthcare solutions, including cloud-based imaging and tele-radiology, are transforming the industry by enabling quicker, more accurate diagnostics. These digital innovations now make up nearly 45% of the market, driven by the need for seamless data integration and efficient patient management.

Future Market Potential
As healthcare systems emphasize early and accurate diagnosis, the radiology services market is set to expand further. Continuous technological advancements, increasing healthcare investments, and growing patient awareness are expected to support this market's upward trajectory in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Imaging
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Users
    5. Market Snapshot, By Region
  4. Radiology Services Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Chronic Diseases
        2. Technological Advancements in Radiology
        3. Aging Population Demographics
      2. Restraints
        1. High cost of imaging equipment
        2. Shortage of skilled radiologists
        3. Regulatory compliance challenges
        4. Data privacy concerns
      3. Opportunities
        1. Globalization of Healthcare and Telemedicine
        2. Strategic Partnerships and Collaborations
        3. Adoption of Value-Based Care Models
    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. Radiology Services Market, By Imaging, 2021 - 2031 (USD Million)
      1. Cardiovascular Imaging
      2. Chest Imaging
      3. Dental Imaging
      4. Mammography Imaging
      5. Orthopedic Imaging
      6. Others
    2. Radiology Services Market, By Type, 2021 - 2031 (USD Million)

      1. Computed Radiology

      2. Direct Digital Radiology

    3. Radiology Services Market, By Application, 2021 - 2031 (USD Million)
      1. Cardiovascular
      2. Oncology
      3. Gynecology
      4. Neurology
      5. Urology
      6. Dental
      7. Pelvic
      8. Abdominal
      9. Musculoskeletal
      10. Others
    4. Radiology Services Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Centers
      3. Diagnostic Centers
      4. Clinics
      5. Others
    5. Radiology Services 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. RadNet Inc.
      2. Alliance HealthCare Services
      3. Sonic Healthcare Limited
      4. Envision Healthcare Corporation
      5. MEDNAX Services Inc.
      6. UNILABS
      7. Everlight Radiology
      8. vRad (Virtual Radiologic)
      9. 4ways Healthcare Limited
      10. ONRAD Inc.
  7. Analyst View
  8. Future Outlook of the Market