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Report Overview

The global diagnostic imaging services market size was around USD 430.55 billion in 2023 and is expected to expand at a CAGR of 6% over the forecast period of 2024-2032.

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

Global Diagnostic Imaging Services Market

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Medical imaging is an essential aspect of the whole continuum of health care. The emphasis on chronic disease, acute care, image-guided medical procedures, and improved treatment planning is driving the diagnostic imaging services industry.

Market Segmentation

Diagnostic imaging allows doctors to seek clues about a medical condition inside the body. A variety of techniques and machines can create images of your body’s structures and activities. The type of imaging service used by a doctor depends on the symptoms and part of a patient’s body being examined. The diagnostic imaging services market can be divided on the basis of segments like type, application, and end-use.

The industry can be divided on the basis of its type into:

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

The industry can be divided based on its application into:

  • Cardiology
  • Gynecology/Obstetrics
  • Orthopaedics and Musculoskeletal
  • Oncology
  • Neurology and Spine
  • General Imaging

Further, the industry, based on its end use, can be broadly categorised into:

  • Hospitals
  • Diagnostic Imaging Centres
  • Ambulatory Surgical Centres
  • Others

Looks into the regional diagnostic imaging services markets like:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Diagnostic Imaging Services Market

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Market Analysis

The global market for diagnostic imaging services is driven by factors, such as, an increased number of diagnostic imaging centres, growing geriatric population, increased cancer prevalence, and increased awareness of early diagnosis. Moreover, increased investments by government and private organisations in the health care sector to modernise imaging facilities is further aiding the market growth. The rising demand for diagnostic imaging devices is increasing due to technologically advanced imaging systems with multi-field applications and improved healthcare infrastructure. However, the high cost of diagnostic imaging procedures may hamper the market’s growth during the forecast period.

Global Diagnostic Imaging Services Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global diagnostic imaging services market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • RadNet, Inc. (RDNT: NASDAQ) 
  • MedQuest Associates, Inc.   
  • Hitachi, Ltd.   
  • Koninklijke Philips N.V.
  • Shimadzu Corporation
  • RAYUS Radiology
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis, as well as an assessment of Porter’s Five Forces model.

Diagnostic Imaging Services Market Report Snapshots

Diagnostic Imaging Services Market Size

Diagnostic Imaging Services Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global diagnostic imaging services market attained a value of nearly USD 430.55 billion.

The market is projected to grow at a CAGR of 6% between 2024 and 2032.

The major drivers of the industry include increased number of diagnostic imaging centres, growing geriatric population, increased cancer prevalence, and increased awareness of early diagnosis.

The emphasis on chronic disease, acute care, image-guided medical procedures, and improved treatment planning is expected to be a key trend guiding the growth of the industry.

The types of diagnostic imaging services available are X-ray, magnetic resonance imaging (MRI), ultrasound, computed tomography (CT), and nuclear imaging, among others.

Diagnostic imaging services finds applications as cardiology, gynaecology/obstetrics, orthopaedics and musculoskeletal, oncology, neurology and spine, and general imaging.

Diagnostic imaging services can have different end-uses like hospitals, diagnostic imaging centres, and ambulatory surgical centres, amongst others.

The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The leading players in this market are RadNet, Inc. (RDNT:NASDAQ), MedQuest Associates, Inc., Hitachi, Ltd., Koninklijke Philips N.V., Shimadzu Corporation, RAYUS Radiology, amongst others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • End Use
  • Region
Breakup by Type
  • X-ray
  • Magnetic Resonance Imaging (MRI)
  • Ultrasound  
  • Computed Tomography (CT)
  • Nuclear Imaging
  • Others
Breakup by Application
  • Cardiology
  • Gynaecology/Obstetrics
  • Orthopaedics and Musculoskeletal
  • Oncology
  • Neurology and Spine
  • General Imaging
Breakup by End Use
  • Hospitals
  • Diagnostic Imaging Centres
  • Ambulatory Surgical Centres
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • RadNet, Inc. (NASDAQ: RDNT)
  • MedQuest Associates, Inc.
  • Hitachi, Ltd.
  • Shimadzu Corporation
  • Koninklijke Philips N.V.
  • RAYUS Radiology
  • Others 
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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124