Global Medical Imaging Market Size & Outlook, 2023-2030
Global medical imaging market, 2018-2030 (US$M)
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Global medical imaging market highlights
- The global medical imaging market generated a revenue of USD 39,786.1 million in 2023 and is expected to reach USD 55,350.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.8% by 2030.
- In terms of segment, magnetic resonance imaging accounted for a revenue of USD 10,827.6 million in 2023.
- Computed Tomography is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 39,786.1 million |
| Market revenue in 2030 | USD 55,350.5 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Magnetic resonance imaging |
| Fastest growing segment | Computed Tomography |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | X-ray, Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging |
Other key industry trends
- In terms of revenue, the North America accounted for 36.6% of the global medical imaging market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 372.4 million by 2030.
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Medical Imaging Market Scope
Medical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical imaging 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 medical imaging market will help companies and investors design strategic landscapes.
Magnetic resonance imaging was the largest segment with a revenue share of 27.21% in 2023. Horizon Databook has segmented the Global medical imaging market based on x-ray, magnetic resonance imaging, ultrasound, computed tomography, nuclear imaging covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Medical Imaging Technology Outlook (Revenue, USD Million, 2018-2030)
- X-ray
- Radiography
- Fluoroscopy
- Mammography
- Magnetic Resonance Imaging
- Closed System
- Open System
- Ultrasound
- Handheld
- Cart/trolley
- Compact
- Computed Tomography
- High-end Slice
- Mid-end Slice
- Low-end Slice
- Cone beam CT
- Nuclear Imaging
- SPECT
- PET
- X-ray
- Global Medical Imaging End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Diagnostic Imaging Centers
- Others
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Our clientele includes a mix of medical imaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical imaging market , including forecasts for subscribers. This global databook contains high-level insights into Global medical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global medical imaging market size, by regions, 2018-2030 (US$M)
Top 10 countries: Medical imaging market size, 2023 (US$M)
Global medical imaging market share, by technology, 2023 & 2030 (%, US$M)
Medical imaging market: Opportunity assessment by country
Global medical imaging market, by region, 2023 (US$M)
| Technology | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 12,038.9 | 12,471.1 | 10,822.0 | 12,527.6 | 14,032.1 | 14,572.5 | 15,151.3 | 15,771.5 | 16,436.3 | 17,148.9 | 17,913.3 | 18,733.5 | 19,614.5 | 4.3% |
| Europe | 9,587.1 | 10,011.9 | 8,709.5 | 10,141.8 | 11,472.4 | 12,002.9 | 12,571.2 | 13,180.4 | 13,833.6 | 14,534.5 | 15,287.0 | 16,095.3 | 16,964.3 | 5.1% |
| Asia Pacific | 6,697.2 | 7,023.3 | 6,222.2 | 7,254.5 | 8,190.1 | 8,605.5 | 9,051.4 | 9,530.2 | 10,044.8 | 10,598.2 | 11,193.8 | 11,835.3 | 12,526.7 | 5.5% |
| Latin America | 2,268.0 | 2,359.8 | 2,073.2 | 2,403.9 | 2,678.0 | 2,791.1 | 2,911.9 | 3,041.2 | 3,179.6 | 3,327.8 | 3,486.6 | 3,656.9 | 3,839.4 | 4.7% |
| MEA | 1,507.2 | 1,561.1 | 1,368.3 | 1,578.3 | 1,749.0 | 1,814.2 | 1,883.6 | 1,957.4 | 2,036.1 | 2,119.8 | 2,209.0 | 2,304.2 | 2,405.7 | 4.1% |
| Overall | 32,098.5 | 33,427.2 | 29,195.2 | 33,906.1 | 38,121.6 | 39,786.1 | 41,569.5 | 43,480.8 | 45,530.3 | 47,729.2 | 50,089.7 | 52,625.2 | 55,350.6 | 4.8% |
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