Diagnostic Imaging Devices Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the global Diagnostic Imaging Devices Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.

Key Insights:

Diagnostic Imaging Devices Market Size (2024E): US$ 33.7 Bn
Projected Market Value (2031F): US$ 46.3 Bn
Global Market Growth Rate (CAGR 2019 to 2031): 4.6%

Diagnostic Imaging Devices Market - Report Scope:

The global diagnostic imaging devices market includes a range of technologies used for medical imaging, such as X-rays, computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, and hybrid imaging systems. These devices play a pivotal role in modern medical diagnostics, enabling the accurate detection and monitoring of diseases. The market is witnessing significant growth due to advancements in imaging technology, rising demand for early disease diagnosis, and expanding healthcare infrastructure, particularly in emerging economies.

Market Drivers:

The growth of the diagnostic imaging devices market is fueled by various factors, including increasing investments in healthcare infrastructure, particularly in emerging economies. Government authorities are prioritizing the enhancement of diagnostic facilities to improve healthcare outcomes. Rising healthcare awareness, affordability, and insurance penetration in regions such as Asia Pacific are contributing to market expansion. The growing prevalence of chronic diseases, such as cancer and cardiovascular conditions, underscores the need for advanced imaging tools. Manufacturers are focusing on developing eco-friendly, portable, and low-dose imaging devices to address environmental and patient safety concerns, further driving market growth.

Market Restraints:

Despite the positive growth trajectory, the market faces several challenges. High costs associated with advanced imaging technologies and limited access to such devices in low-income regions hinder widespread adoption. Additionally, concerns related to radiation exposure and stringent regulatory requirements for device approval can slow market progress. Limited availability of skilled professionals to operate sophisticated imaging equipment, particularly in rural areas, also poses a significant challenge.

Market Opportunities:

The diagnostic imaging devices market offers substantial growth opportunities driven by advancements in imaging technologies and integration with digital platforms. Hybrid imaging systems, combining modalities like PET-CT and SPECT-CT, are gaining traction for their enhanced diagnostic accuracy. Personalized imaging techniques, such as molecular imaging and functional MRI (fMRI), are creating new possibilities, especially in oncology and neurology. Expanding applications of portable X-ray and ultrasound devices, along with the adoption of AI-powered imaging systems, present lucrative avenues for growth. Furthermore, emerging economies with underdeveloped healthcare infrastructure offer untapped market potential for diagnostic imaging solutions.

Key Questions Answered in the Report:

What are the primary factors driving the global growth of the diagnostic imaging devices market?
Which product types and applications are expected to see the highest growth rates?
How are emerging trends like hybrid imaging and portable devices reshaping the market landscape?
Who are the key players in the diagnostic imaging devices market, and what strategies are they adopting to strengthen their market positions?
What is the regional outlook for the diagnostic imaging devices market?

Competitive Intelligence and Business Strategy:

Leading companies in the diagnostic imaging devices market are leveraging technological advancements, product innovation, and strategic collaborations to gain a competitive edge. Manufacturers such as GE Healthcare, Siemens Healthineers, and Philips are focusing on developing eco-friendly and portable imaging solutions to cater to the evolving needs of healthcare providers. Integration of imaging devices with hospital information systems (HIS) and cloud-based platforms is enhancing operational efficiency and data accessibility. Companies are also prioritizing investments in AI and machine learning to improve diagnostic accuracy and automate imaging workflows.

Key Companies Profiled:

General Electric Company
Hitachi Ltd.
Hologic, Inc.
Koninklijke Philips N.V.
Samsung Medison Co., Ltd.
Shimadzu Medical Pvt. Ltd.
CANON MEDICAL SYSTEM CORPORATION
ESAOTE SPA
Allengers
CURA Healthcare
Neusoft Corporation
NP JSC AMICO
Shanghai Lianying Medical Technology Co., Ltd.
FUJIFILM Corporation
Siemens Healthcare Private Limited

Diagnostic Imaging Devices Market Segmentation:

By Product Type

X-ray Equipment
Ultrasound Imaging Systems
Nuclear Imaging Systems
Magnetic Resonance Imaging (MRI)
Computed Tomography (CT) Scanners
Others

By Application

Gynecology
Oncology
Orthopedics
Cardiology
Gastroenterology
Neurology
Other

By End Use

Hospitals and clinics
Diagnostic centers
Research institutes
Others

By Region

North America
Europe
Asia Pacific
Latin America
The Middle East and Africa

Product Code: PMRREP2822

1. Executive Summary

1.1. Global Diagnostic Imaging Devices Market Snapshot, 2024 and 2031
1.2. Market Opportunity Assessment, 2024 - 2031, US$ Bn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Macro-Economic Factors
- 2.3.1. Global Sectorial Outlook
- 2.3.2. Global GDP Growth Outlook
- 2.3.3. Global Healthcare Spending Outlook
2.4. COVID-19 Impact Analysis
2.5. Forecast Factors - Relevance and Impact

3. Value Added Insights

3.1. Product Type Adoption Analysis
3.2. Technology Assessment
3.3. Regulatory Landscape
3.4. Value Chain Analysis
- 3.4.1. List of Distribution Channel/Marketplaces
  - 3.4.1.1. Retail
  - 3.4.1.2. Audiology
  - 3.4.1.3. E-Commerce
- 3.4.2. List of End User (Industry)
3.5. Key Deals and Mergers
3.6. PESTLE Analysis
3.7. Porter's Five Force Analysis

4. Price Trend Analysis, 2023

4.1. Key Highlights
4.2. Key Factors Impacting Product Prices
4.3. Pricing Analysis, By Product
4.4. Regional Prices and Product Preferences

5. Global Diagnostic Imaging Devices Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

5.1. Key Highlights
- 5.1.1. Market Volume (Units) Projections
- 5.1.2. Market Size (US$ Bn) and Y-o-Y Growth
- 5.1.3. Absolute $ Opportunity
5.2. Market Size (US$ Bn) Analysis and Forecast
- 5.2.1. Historical Market Size (US$ Bn) Analysis, 2019 - 2023
- 5.2.2. Current Market Size (US$ Bn) Analysis and Forecast, 2024 - 2031
5.3. Global Diagnostic Imaging Devices Market Outlook: Product Type
- 5.3.1. Introduction / Key Findings
- 5.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Product Type, 2019 - 2023
- 5.3.3. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Product Type, 2024 - 2031
  - 5.3.3.1. X-Ray Equipment
  - 5.3.3.2. Ultrasound Imaging Systems
  - 5.3.3.3. Nuclear Imaging Systems
  - 5.3.3.4. Magnetic Resonance Imaging (MRI)
  - 5.3.3.5. Computed Tomography (CT) Scanners
  - 5.3.3.6. Others
- 5.3.4. Market Attractiveness Analysis: Product Type
5.4. Global Diagnostic Imaging Devices Market Outlook: Application
- 5.4.1. Introduction / Key Findings
- 5.4.2. Historical Market Size (US$ Bn) Analysis, By Application, 2019 - 2023
- 5.4.3. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
  - 5.4.3.1. Gynecology
  - 5.4.3.2. Oncology
  - 5.4.3.3. Orthopedics
  - 5.4.3.4. Cardiology
  - 5.4.3.5. Gastroenterology
  - 5.4.3.6. Neurology
  - 5.4.3.7. Other
- 5.4.4. Market Attractiveness Analysis: Application
5.5. Global Diagnostic Imaging Devices Market Outlook: End-use
- 5.5.1. Introduction / Key Findings
- 5.5.2. Historical Market Size (US$ Bn) Analysis, By End-use, 2019 - 2023
- 5.5.3. Current Market Size (US$ Bn) Analysis and Forecast, By End-use, 2024 - 2031
  - 5.5.3.1. Hospitals and clinics
  - 5.5.3.2. Diagnostic centers
  - 5.5.3.3. Research institutes
  - 5.5.3.4. Others
- 5.5.4. Market Attractiveness Analysis: End-use

6. Global Diagnostic Imaging Devices Market Outlook: Region

6.1. Key Highlights
6.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Region, 2019 - 2023
6.3. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Region, 2024 - 2031
- 6.3.1. North America
- 6.3.2. Europe
- 6.3.3. East Asia
- 6.3.4. South Asia and Oceania
- 6.3.5. Latin America
- 6.3.6. Middle East & Africa
6.4. Market Attractiveness Analysis: Region

7. North America Diagnostic Imaging Devices Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

7.1. Key Highlights
7.2. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 7.2.1. By Country
- 7.2.2. By Product Type
- 7.2.3. By Application
- 7.2.4. By End-use
7.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 7.3.1. U.S.
- 7.3.2. Canada
7.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Product Type, 2024 - 2031
- 7.4.1. X-Ray Equipment
- 7.4.2. Ultrasound Imaging Systems
- 7.4.3. Nuclear Imaging Systems
- 7.4.4. Magnetic Resonance Imaging (MRI)
- 7.4.5. Computed Tomography (CT) Scanners
- 7.4.6. Others
7.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 7.5.1. Gynecology
- 7.5.2. Oncology
- 7.5.3. Orthopedics
- 7.5.4. Cardiology
- 7.5.5. Gastroenterology
- 7.5.6. Neurology
- 7.5.7. Other
7.6. Current Market Size (US$ Bn) Analysis and Forecast, By End-use, 2024 - 2031
- 7.6.1. Hospitals and clinics
- 7.6.2. Diagnostic centers
- 7.6.3. Research institutes
- 7.6.4. Others
7.7. Market Attractiveness Analysis

8. Europe Diagnostic Imaging Devices Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

8.1. Key Highlights
8.2. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 8.2.1. By Country
- 8.2.2. By Product Type
- 8.2.3. By Application
- 8.2.4. By End-use
8.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 8.3.1. Germany
- 8.3.2. France
- 8.3.3. U.K.
- 8.3.4. Italy
- 8.3.5. Spain
- 8.3.6. Russia
- 8.3.7. Turkey
- 8.3.8. Rest of Europe
8.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Product Type, 2024 - 2031
- 8.4.1. X-Ray Equipment
- 8.4.2. Ultrasound Imaging Systems
- 8.4.3. Nuclear Imaging Systems
- 8.4.4. Magnetic Resonance Imaging (MRI)
- 8.4.5. Computed Tomography (CT) Scanners
- 8.4.6. Others
8.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 8.5.1. Gynecology
- 8.5.2. Oncology
- 8.5.3. Orthopedics
- 8.5.4. Cardiology
- 8.5.5. Gastroenterology
- 8.5.6. Neurology
- 8.5.7. Other
8.6. Current Market Size (US$ Bn) Analysis and Forecast, By End-use, 2024 - 2031
- 8.6.1. Hospitals and clinics
- 8.6.2. Diagnostic centers
- 8.6.3. Research institutes
- 8.6.4. Others
8.7. Market Attractiveness Analysis

9. East Asia Diagnostic Imaging Devices Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

9.1. Key Highlights
9.2. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 9.2.1. By Country
- 9.2.2. By Product Type
- 9.2.3. By Application
- 9.2.4. By End-use
9.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 9.3.1. China
- 9.3.2. Japan
- 9.3.3. South Korea
9.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Product Type, 2024 - 2031
- 9.4.1. X-Ray Equipment
- 9.4.2. Ultrasound Imaging Systems
- 9.4.3. Nuclear Imaging Systems
- 9.4.4. Magnetic Resonance Imaging (MRI)
- 9.4.5. Computed Tomography (CT) Scanners
- 9.4.6. Others
9.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 9.5.1. Gynecology
- 9.5.2. Oncology
- 9.5.3. Orthopedics
- 9.5.4. Cardiology
- 9.5.5. Gastroenterology
- 9.5.6. Neurology
- 9.5.7. Other
9.6. Current Market Size (US$ Bn) Analysis and Forecast, By End-use, 2024 - 2031
- 9.6.1. Hospitals and clinics
- 9.6.2. Diagnostic centers
- 9.6.3. Research institutes
- 9.6.4. Others
9.7. Market Attractiveness Analysis

10. South Asia & Oceania Diagnostic Imaging Devices Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

10.1. Key Highlights
10.2. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 10.2.1. By Country
- 10.2.2. By Product Type
- 10.2.3. By Application
- 10.2.4. By End-use
10.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 10.3.1. India
- 10.3.2. Southeast Asia
- 10.3.3. ANZ
- 10.3.4. Rest of South Asia & Oceania
10.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Product Type, 2024 - 2031
- 10.4.1. X-Ray Equipment
- 10.4.2. Ultrasound Imaging Systems
- 10.4.3. Nuclear Imaging Systems
- 10.4.4. Magnetic Resonance Imaging (MRI)
- 10.4.5. Computed Tomography (CT) Scanners
- 10.4.6. Others
10.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 10.5.1. Gynecology
- 10.5.2. Oncology
- 10.5.3. Orthopedics
- 10.5.4. Cardiology
- 10.5.5. Gastroenterology
- 10.5.6. Neurology
- 10.5.7. Other
10.6. Current Market Size (US$ Bn) Analysis and Forecast, By End-use, 2024 - 2031
- 10.6.1. Hospitals and clinics
- 10.6.2. Diagnostic centers
- 10.6.3. Research institutes
- 10.6.4. Others
10.7. Market Attractiveness Analysis

11. Latin America Diagnostic Imaging Devices Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

11.1. Key Highlights
11.2. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 11.2.1. By Country
- 11.2.2. By Product Type
- 11.2.3. By Application
- 11.2.4. By End-use
11.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 11.3.1. Brazil
- 11.3.2. Mexico
- 11.3.3. Rest of Latin America
11.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Product Type, 2024 - 2031
- 11.4.1. X-Ray Equipment
- 11.4.2. Ultrasound Imaging Systems
- 11.4.3. Nuclear Imaging Systems
- 11.4.4. Magnetic Resonance Imaging (MRI)
- 11.4.5. Computed Tomography (CT) Scanners
- 11.4.6. Others
11.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 11.5.1. Gynecology
- 11.5.2. Oncology
- 11.5.3. Orthopedics
- 11.5.4. Cardiology
- 11.5.5. Gastroenterology
- 11.5.6. Neurology
- 11.5.7. Other
11.6. Current Market Size (US$ Bn) Analysis and Forecast, By End-use, 2024 - 2031
- 11.6.1. Hospitals and clinics
- 11.6.2. Diagnostic centers
- 11.6.3. Research institutes
- 11.6.4. Others
11.7. Market Attractiveness Analysis

12. Middle East & Africa Diagnostic Imaging Devices Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

12.1. Key Highlights
12.2. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 12.2.1. By Country
- 12.2.2. By Product Type
- 12.2.3. By Application
- 12.2.4. By End-use
12.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024 - 2031
- 12.3.1. GCC Countries
- 12.3.2. Egypt
- 12.3.3. South Africa
- 12.3.4. Northern Africa
- 12.3.5. Rest of Middle East & Africa
12.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Product Type, 2024 - 2031
- 12.4.1. X-Ray Equipment
- 12.4.2. Ultrasound Imaging Systems
- 12.4.3. Nuclear Imaging Systems
- 12.4.4. Magnetic Resonance Imaging (MRI)
- 12.4.5. Computed Tomography (CT) Scanners
- 12.4.6. Others
12.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 12.5.1. Gynecology
- 12.5.2. Oncology
- 12.5.3. Orthopedics
- 12.5.4. Cardiology
- 12.5.5. Gastroenterology
- 12.5.6. Neurology
- 12.5.7. Other
12.6. Current Market Size (US$ Bn) Analysis and Forecast, By End-use, 2024 - 2031
- 12.6.1. Hospitals and clinics
- 12.6.2. Diagnostic centers
- 12.6.3. Research institutes
- 12.6.4. Others
12.7. Market Attractiveness Analysis

13. Competition Landscape

13.1. Market Share Analysis, 2023
13.2. Market Structure
- 13.2.1. Competition Intensity Mapping By Market
- 13.2.2. Competition Dashboard
13.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 13.3.1. General Electric Company
  - 13.3.1.1. Overview
  - 13.3.1.2. Segments and Product Types
  - 13.3.1.3. Key Financials
  - 13.3.1.4. Market Developments
  - 13.3.1.5. Market Strategy
- 13.3.2. Hitachi Ltd.
- 13.3.3. Hologic, Inc.
- 13.3.4. Koninklijke Philips N.V.
- 13.3.5. Samsung Medison Co., Ltd.
- 13.3.6. Shimadzu Medical Pvt. Ltd.
- 13.3.7. CANON MEDICAL SYSTEM CORPORATION
- 13.3.8. ESAOTE SPA
- 13.3.9. Allengers
- 13.3.10. CURA Healthcare
- 13.3.11. Neusoft Corporation
- 13.3.12. NP JSC AMICO
- 13.3.13. Shanghai Lianying Medical Technology Co., Ltd.
- 13.3.14. FUJIFILM Corporation
- 13.3.15. Siemens Healthcare Private Limited

14. Appendix

14.1. Research Methodology
14.2. Research Assumptions
14.3. Acronyms and Abbreviations