The Business Research Company’s report on the POC Medical Imaging Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the poc medical imaging market further?
The rising prevalence of chronic diseases is expected to propel the growth of the point-of-care medical imaging market going forward. The prevalence of chronic diseases refers to the proportion or number of individuals within a population who are affected by long-lasting health conditions at a given point in time. This shift has resulted from lifestyle choices, genetic predisposition, environmental factors, and aging populations. Point-of-care medical imaging helps treat chronic diseases by providing timely and on-site diagnostic information, enabling healthcare professionals to monitor disease progression, and guide treatment decisions. For instance, in September 2022, the World Health Organization, a Switzerland-based international public health organization, reported that chronic diseases were responsible for 74% of all deaths globally. Each year, around 17 million people die before the age of 70 due to chronic diseases, and 86% of the deaths among these happen in low- and middle-income countries. Further, chronic diseases are expected to increase to 70% and the global burden of disease to 56% by 2030. Therefore, the rising prevalence of chronic diseases is driving the growth of the point-of-care medical imaging market going forward.
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What are the key factors influencing the forecasted market size of the poc medical imaging industry?
The POC medical imaging market size has grown steadily in recent years. It will grow from$1.41 billion in 2024 to $1.47 billion in 2025 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to remote and underserved areas accessibility, increased prevalence of chronic diseases, improved connectivity and mobility, rise in telemedicine and remote consultation, focused government initiatives
The POC medical imaging market size is expected to see strong growth in the next few years. It will grow to “$1.8 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to emergence of novel imaging modalities, investments in research and development, personalized and precision medicine, development of wireless connectivity, focus on rapid diagnostics. Major trends in the forecast period include ai-powered interpretation and analytics, remote monitoring and telemedicine, focus on cost-effectiveness, point-of-care testing expansion, development of smartphone-compatible devices.
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Who are the leading competitors in the poc medical imaging market?
Major companies operating in the POC medical imaging market include GE Healthcare Technologies Inc., Siemens Healthineers AG, Canon Medical Systems Corp., Samsung Medison Co. Ltd., Xoran Technologies LLC, NeuroLogica Corp., Fujifilm Holdings Corporation, Carestream Health Inc., Philips Medical Systems Technologies Ltd., Mindray Medical India Pvt. Ltd., Esaote Biomedica SpA, CurveBeam AI Limited, Planmed Oy, F. Hoffman-La Roche AG, Becton Dickinson and Company, Toshiba Medical Systems Corporation, Neusoft Medical Systems, Hitachi Medical Systems America Inc., Hologic Inc., Quidel Corporation, Shimadzu Corporation, Opko Health Inc., Roche Diagnostics, Agfa-Gevaert N.V., Konica Minolta Inc., Bracco Imaging S.p.A., Sectra AB, Abbott Laboratories, Danaher Corporation, Butterfly Network Inc.
Which emerging trends are set to transform the poc medical imaging market landscape?
Major companies operating in the point-of-care (POC) medical imaging market are focused on developing advanced products, such as cutting-edge imaging solutions, to enhance diagnostic accuracy, improve workflow efficiency, and deliver timely results directly at the point of care for better patient outcomes. Cutting-edge imaging solutions are advanced technologies designed to provide high-resolution diagnostic images quickly and efficiently, enabling healthcare professionals to make informed decisions at the point of care. For instance, in June 2022, Mindray, a China-based medical device company, launched the TEX20 Series. The TEX20 series is designed to offer high-quality imaging with enhanced portability, making it ideal for diverse clinical environments. By integrating advanced imaging technologies and user-friendly features, the TEX20 aims to elevate the standards of POC medical imaging, enabling healthcare professionals to deliver efficient and effective patient care in various settings.
How do different geographies compare in terms of market share and growth potential in the poc medical imaging market?
North America was the largest region in the POC medical imaging market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global POC medical imaging market report during the forecast period. The regions covered in the POC medical imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Which major segments of the poc medical imaging market are experiencing the fastest growth?
The POC medical imaging market covered in this report is segmented –
1) By Product: X-Ray, CT, Ultrasound
2) By Application: Cardiology, Gynecology Or Obstetrics, Oncology, Orthopedics, Neurology, Other Applications
3) By End-User: Hospitals, Clinics and Diagnostic Centers, Ambulatory Surgical Centers (ASCs), Home Care Settings
Subsegments:
1) By X-Ray: Portable X-Ray Machines, Mobile X-Ray Units, Digital X-Ray Systems
2) By CT (Computed Tomography): Portable CT Scanners, Mobile CT Units, Cone Beam CT Systems
3) By Ultrasound: Portable Ultrasound Devices, Handheld Ultrasound Systems, Compact Ultrasound Machines
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How is the poc medical imaging market defined, and what are its core characteristics?
POC medical imaging refers to the medical testing with portable or handheld imaging devices in healthcare settings to obtain immediate diagnostic images at the patient’s bedside or point of care, enabling rapid decision-making and treatment planning. It is used to bring imaging to the patient for clinical research.
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