Australia Medical Imaging Market Size & Outlook, 2026-2033
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Australia medical imaging market highlights
- The Australia medical imaging market generated a revenue of USD 743.2 million in 2024 and is expected to reach USD 1,020.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
- In terms of segment, ultrasound was the largest revenue generating technology in 2024.
- Computed Tomography is the most lucrative technology segment registering the fastest growth during the forecast period.
Medical imaging market data book summary
| Market revenue in 2024 | USD 743.2 million |
| Market revenue in 2030 | USD 1,020.9 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Ultrasound |
| Fastest growing segment | Computed Tomography |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | X-ray, Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging |
| Key market players worldwide | GE Aerospace, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Mindray Medical International, FUJIFILM Holdings Corp, Carestream Health - HCIS business, Hitachi Ltd, Samsung Electronics Co Ltd, Koning, PerkinElmer, Konica Minolta Inc, Esaote, Hologic Inc, Varex Imaging Corp |
Other key industry trends
- In terms of revenue, Australia accounted for 1.8% of the global medical imaging market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical imaging market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,401.9 million by 2030.
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Medical Imaging Market Scope
Medical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Varex Imaging Corp | View profile | 2300 | 1678 South Pioneer Road, Salt Lake City, UT, United States, 84104 | https://www.vareximaging.com |
| Koning | View profile | 11-50 | Norcross, Georgia, United States, North America | https://www.koninghealth.com |
| Konica Minolta Inc | View profile | 39759 | JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-7015 | http://www.konicaminolta.com |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Mindray Medical International | View profile | 5001-10000 | Nanshan, Hunan, China, Asia | https://www.mindray.com |
| Esaote | View profile | - | - | |
| Carestream Health - HCIS business | View profile | - | Rochester, New York, United States, North America | - |
| Hologic Inc | View profile | 6990 | 250 Campus Drive, Marlborough, MA, United States, 01752 | http://www.hologic.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
| Canon Inc | View profile | 169151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | https://www.global.canon |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Australia 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.
Ultrasound was the largest segment with a revenue share of 39.29% in 2025. Horizon Databook has segmented the Australia medical imaging market based on x-ray, magnetic resonance imaging, ultrasound, computed tomography, nuclear imaging covering the revenue growth of each sub-segment from 2021 to 2033.
Ongoing developments in medical technology, rising burden of chronic diseases, a rapidly aging population, growing income, and shifting consumer expectations are expected to boost the demand for medical applications, including medical imaging devices, for all age groups.
Australians have one of the highest life expectancies in the world, ranking sixth among OECD nations. Rising investments by government organizations and market players in the country for medical imaging devices are expected to boost the demand for raw materials required for these devices.
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Target buyers of Australia medical imaging market databook
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Our clientele includes a mix of medical imaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia medical imaging market , including forecasts for subscribers. This country databook contains high-level insights into Australia medical imaging market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Australia Magnetic Resonance Imaging - Medical Imaging Market, 2025 - 2033 (US$M)
Australia Medical Imaging Market Outlook Share, 2025 & 2033 (US$M)
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