Diagnostic Imaging Equipment Market: Key Drivers, Trends, Growth, Outlook 2024-2033

The diagnostic imaging equipment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Diagnostic Imaging Equipment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –

The diagnostic imaging equipment market size has grown strongly in recent years. It will grow from $54.69 billion in 2023 to $59.46 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to aging population, increasing disease burden, healthcare reimbursement, regulatory approvals.

The diagnostic imaging equipment market size is expected to see strong growth in the next few years. It will grow to $80.2 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to artificial intelligence (AI) integration, remote imaging services, personalized medicine, emerging markets growth, minimally invasive procedures. Major trends in the forecast period include the adoption of 3D and 4D imaging techniques, point-of-care imaging, radiation dose reduction, hybrid imaging, environmental sustainability.

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Scope Of Diagnostic Imaging Equipment Market

The Business Research Company’s reports encompass a wide range of information, including:

Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
Drivers: Examination of the key factors propelling market growth.
Trends: Identification of emerging trends and patterns shaping the market landscape.
Key Segments: Breakdown of the market into its primary segments and their respective performance.
Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
Macro Economic Factors: Assessment of broader economic elements impacting the market.

Diagnostic Imaging Equipment Market Overview

Market Drivers –

The global increase in chronic diseases is expected to propel the growth of the diagnostic imaging equipment market. A chronic disease is a condition that lasts for a year or longer, necessitates continuous medical care, restricts daily activities, or both, and includes illnesses such as cancer, diabetes, and so on. Imaging techniques in radiology are used to identify a variety of diseases, including diabetes, cancer, and cardiovascular disease. Chronic illnesses that have not yet manifested any symptoms can be found using diagnostic imaging. For instance, according to the International Diabetes Federation (IDF), an umbrella association of 230 national diabetes associations in more than 160 countries, in 2021, 537 million adults aged between 20 and 79 are living with diabetes (1 in 10 are suffering from diabetes), and this number is expected to reach about 643 million by 2030 and 783 million by 2045. Therefore, a global increase in chronic diseases is expected to drive the diagnostic imaging equipment market going forward.

The diagnostic imaging equipment market covered in this report is segmented –

1) By Type: X-Ray Systems Devices And Equipment, Ultrasound Systems Devices And Equipment, Computed Tomography (CT) Scanners Devices And Equipment, Magnetic Resonance Imaging Systems Devices And Equipment, Cardiovascular Monitoring And Diagnostic Devices And Equipment, Nuclear Imaging Devices And Equipment

2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users

3) By Type of Expenditure: Public, Private

4) By Product: Instruments/Equipment, Disposables

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Regional Insights –

Western Europe was the largest region in the global diagnostic imaging equipment market in 2023. North America was the second largest region in the global diagnostic imaging equipment market. Africa. was the smallest region in the global diagnostic imaging equipment market. The regions covered in the diagnostic imaging equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Key Companies –

Major companies operating in the diagnostic imaging equipment market include Siemens AG, Koninklijke Philips NV, Fujifilm Holdings Corporation, General Electric Company, Elekta AB, Carestream Health Inc., Hologic Inc., Medtronic plc, Mindray Medical International Limited, Canon Medical Systems Corporation, Esaote SpA, Shimadzu Medical Systems USA, Samsung Electronics Co. Ltd., Koning Corporation, Toshiba Medical Systems Corporation, Hitachi Medical Systems America Inc., Agfa-Gevaert NV, Analogic Corporation, Bracco Imaging SpA, Del Medical Inc., Esaote North America Inc., Imaging Dynamics Company Ltd., InfiMed Inc., Mediso Medical Imaging Systems Kft., NeuroLogica Corp., Planmed Oy, Shimadzu Corporation, SonoScape Medical Corp., SuperSonic Imagine SA, Terason, Toshiba America Medical Systems Inc., Ziehm Imaging GmbH, Zonare Medical Systems Inc.

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