Diagnostic Imaging Industry demand is driven by Rapid Technological Advancements

Diagnostic Imaging Industry Data Book – Diagnostic Imaging Industry Data Book – Computed Tomography, Magnetic Resonance Imaging, Nuclear Imaging, Ultrasound Device and X-ray Systems Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

Grand View Research’s diagnostic imaging industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Diagnostic Imaging Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Computed Tomography Market Report Highlights

The global computed tomography market size was valued at USD 4.2 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 7.43% from 2023 to 2030.

• The high-end slice CT segment held the largest market share in 2021, the increasing demand for advanced technology with enhanced imaging quality and the shifting focus on providing quality healthcare services has contributed to this growth
• Based on end-use, the hospital segment captured the largest revenue share in 2021, the large patient pool and high demand for CT scanners as a diagnostic tool during treatment are expected to contribute to the growth of this segment
• North America dominated the market in 2021, owing to the high adoption of advanced technology and the presence of a large number of market players are some of the factors that can be attributed to this share
• Asia Pacific is expected to grow at the fastest rate over the forecast period, growing demand for advanced imaging techniques and the rising number of diagnostic imaging centers are some of the factors driving regional growth
• Major players in the industry are focusing on the launch of advanced technology and features such as artificial intelligence-enabled, dual source-detector technology-based CT scanners

Magnetic Resonance Imaging Market Report Highlights

The global magnetic resonance imaging market size was valued at USD 5.25 billion in 2022 and is expected to expand at a CAGR of 6.81% from 2023 to 2030.

• The adoption of advanced imaging technologies is augmenting the growth of the MRI market
• The open system is anticipated to be the fastest-growing segment during the forecast period due to its efficiency to accommodate all sizes of patients without feeling claustrophobic
• MRI for neurological and brain disorders dominated the market largely due to the growing number of neurological conditions and increasing demand for the less invasive diagnostic procedure
• The high-field MRI segment is expected to experience the fastest growth largely due to its efficiency to provide detailed images for diagnosis
• Imaging centers are expected to exhibit the highest growth rate during the forecast period. Government initiatives to improve primary care is one of the major factors impacting the segment growth
• In 2022, North America dominated the global space with the largest revenue share owing to continuous research and high adoption of advanced techniques in the region
• Asia Pacific is anticipated to grow at the fastest growth rate largely due to the growing number of clinical studies in the region for high-field MRI machines

Order your copy of Free Sample of “Diagnostic Imaging Industry Data Book – Computed Tomography, Magnetic Resonance Imaging, Nuclear Imaging, Ultrasound Device and X-ray Systems Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

Ultrasound Device Market Report Highlights

The global ultrasound device market size was valued at USD 7.36 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.03% from 2023 to 2030.

• By product, the diagnostic ultrasound devices segment accounted for the largest revenue share of more than 72.0% in 2022 owing to the rising demand for improved diagnostic devices such as miniaturized 2D and 3D/4D
• The therapeutic ultrasound devices product segment is expected to grow at a significant rate during the forecast period
• Based on portability, the cart/trolley-based devices segment accounted for the largest revenue share of over 68.0% in 2022
• In terms of application, The general imaging segment dominated the market and held the largest revenue share of more than 29.1% in 2022
• The hospital end-use segment held the largest revenue share of over 39.5% in 2022 and is further expected to maintain its lead over the forecast period. This is owing to the extensive use of ultrasound devices in hospital settings and an increase in the number of patients visiting hospitals with various lifestyle-related disorders
• North America accounted for the largest revenue share of over 30.0% in 2022. Asia Pacific is anticipated to expand at the fastest CAGR over the forecast period owing to the increased demand for better imaging devices

X-ray Systems Report Highlights

The global x-ray systems market size was valued at USD 7.89 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 2.28% from 2023 to 2030.

• The radiography segment dominated the market and is further expected to continue its dominance over the forecast period, as it is the initial diagnostic imaging step recommended by doctors on their way to a definitive diagnosis
• The digital radiography segment is expected to grow at the fastest rate during the forecast period, as it produces high contrast resolution images at a lower ionizing radiation
• Based on mobility, the stationary segment held the largest revenue share in 2021
• The mobile x-ray systems segment is expected to grow at a lucrative rate during the forecast period, owing to its portability, image quality, speed, and safety
• The diagnostic imaging center segment is expected to grow at a fastest rate during the forecast period
• North America dominated the market and accounted for the largest revenue share in 2020
• Asia Pacific is anticipated to be growing at the fastest CAGR over the forecast period owing to the increased demand for better imaging devices

Go through the table of content of Diagnostic Imaging Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Market leaders are constantly undertaking developmental initiatives such as acquisitions, partnerships, collaboration, and mergers to strengthen their market presence. New government approvals, product launches, and innovations in the existing product have further led to boost their growth. Moreover, the competition between key players will turn intense in the coming years as they are focusing more on geographical expansion, strategic collaborations, and partnerships through mergers & acquisitions.

Key players operating in the Diagnostic Imaging industry are:

• Koninklijke Philips N.V.
• GE Healthcare
• Siemens Healthineers AG
• Canon Medical Systems
• Samsung Medison Co., Ltd.

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