India Image-guided Therapy Systems Market Size & Outlook

The image-guided therapy systems market in India is expected to reach a projected revenue of US$ 444.1 million by 2030. A compound annual growth rate of 7.4% is expected of India image-guided therapy systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$269.2
Forecast, 2030 (US$M)
$444.1
CAGR, 2024 - 2030
7.4%
Report Coverage
India

India image-guided therapy systems market, 2018-2030 (US$M)

India

India image-guided therapy systems market highlights

  • The India image-guided therapy systems market generated a revenue of USD 269.2 million in 2023 and is expected to reach USD 444.1 million by 2030.
  • The India market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
  • In terms of segment, endoscopes was the largest revenue generating product in 2023.
  • Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.


Image-guided therapy systems market data book summary

Market revenue in 2023USD 269.2 million
Market revenue in 2030USD 444.1 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentEndoscopes
Fastest growing segmentEndoscopes
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationComputed Tomography (CT) Scanners, Ultrasound Systems, Magnetic Resonance Imaging (MRI), Endoscopes, X-ray Fluoroscopy, Positron Emission Tomography (PET), Single Photon Emission Computed Tomography (SPECT)
Key market players worldwideKoninklijke Philips NV, Medtronic PLC, Siemens Healthineers AG ADR, Analogic Corporation, GE HealthCare Technologies Inc Common Stock, BrainLAB, Olympus Corp, Stryker Corp, Varian


Other key industry trends

  • In terms of revenue, India accounted for 5.5% of the global image-guided therapy systems market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan image-guided therapy systems market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 444.1 million by 2030.

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Image-guided Therapy Systems Market Companies

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India image-guided therapy systems market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to image-guided therapy systems market will help companies and investors design strategic landscapes.


Endoscopes was the largest segment with a revenue share of 32.17% in 2023. Horizon Databook has segmented the India image-guided therapy systems market based on computed tomography (ct) scanners, ultrasound systems, magnetic resonance imaging (mri), endoscopes, x-ray fluoroscopy, positron emission tomography (pet), single photon emission computed tomography (spect) covering the revenue growth of each sub-segment from 2018 to 2030.


India’s image-guided therapy systems market is majorly being driven by favorable government initiatives, improvement in healthcare infrastructure, and new product launches.

Growth in geriatric population and significant increase in disease burden are among the key factors expected to boost the demand for advanced medical technologies in the country.

Favorable government initiatives, such as Make in India, are expected to boost investments in medical device manufacturing. Siemens Healthineers; Koninklijke Philips N.V.; Olympus Corporation; Medtronic; and Stryker are among the major players in the Indian market.

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Horizon Databook provides a detailed overview of country-level data and insights on the India image-guided therapy systems market , including forecasts for subscribers. This country databook contains high-level insights into India image-guided therapy systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India image-guided therapy systems market size, by product, 2018-2030 (US$M)

India Image-guided Therapy Systems Market Outlook Share, 2023 & 2030 (US$M)

India image-guided therapy systems market size, by product, 2018-2030 (US$M)

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