UK Medical Imaging Market Size & Outlook, 2023-2030
UK medical imaging market, 2018-2030 (US$M)
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UK medical imaging market highlights
- The UK medical imaging market generated a revenue of USD 3,693.8 million in 2023 and is expected to reach USD 5,359.3 million by 2030.
- The UK market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, magnetic resonance imaging was the largest revenue generating technology in 2023.
- 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 2023 | USD 3,693.8 million |
| Market revenue in 2030 | USD 5,359.3 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Magnetic resonance imaging |
| Fastest growing segment | Computed Tomography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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, UK accounted for 9.3% of the global medical imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK medical imaging market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 5,359.3 million by 2030.
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Medical Imaging Market Scope
Medical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 66.11% in 2023. Horizon Databook has segmented the UK 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.
The medical imaging market in the UK is one of the major markets in the region. Increasing General Practice (GP) referrals for MRI examinations in the UK is expected to boost the demand for MRI systems. According to NHS England, in 2021, the total number of MRI examinations performed for NHS patients in England was around 3,656,390.
Furthermore, the presence of efficient reimbursement policies and the growing burden of chronic diseases are contributing to the increasing volume of MRI examinations. Furthermore, the presence of efficient reimbursement policies and the growing burden of chronic illnesses are contributing to the increasing number of scanning procedures.
Furthermore, the UK market is expected to witness considerable growth over the forecast period due to the increasing geriatric population, growing prevalence of lifestyle diseases, and the presence of key players in the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK medical imaging market , including forecasts for subscribers. This country databook contains high-level insights into UK medical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK medical imaging market size, by technology, 2018-2030 (US$M)
UK Medical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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