The medical imaging market size has grown strongly in recent years. It will grow from $45.65 billion in 2025 to $48.63 billion in 2026 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to growth in chronic disease prevalence, expansion of hospital diagnostic infrastructure, rising use of imaging in clinical decision making, improvements in imaging hardware capabilities, increased healthcare expenditure.
The medical imaging market size is expected to see strong growth in the next few years. It will grow to $63.14 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to increasing demand for early disease detection, rising adoption of ai-enabled diagnostics, expansion of outpatient imaging centers, growing investments in advanced imaging technologies, increasing focus on precision medicine. Major trends in the forecast period include increasing adoption of ai-assisted image interpretation, rising demand for portable and point-of-care imaging systems, growing integration of advanced imaging software platforms, expansion of high-resolution and multi-modality imaging solutions, enhanced focus on early and preventive diagnostics.
The rising incidence of chronic illnesses is anticipated to drive the expansion of the medical imaging market in the coming years. Chronic illness refers to a medical condition that typically persists for three months or longer and may worsen over time. Elderly individuals are more susceptible to chronic illnesses, which are often manageable but not curable. The growing number of chronic conditions fuels the demand for medical imaging, as these technologies are utilized in the diagnosis and detection of such ailments. For example, in February 2024, the World Health Organization, a Switzerland-based intergovernmental organization, projected that by 2050, more than 35 million new cancer cases would occur, marking a 77% increase compared to an estimated 20 million cases in 2022. Thus, the increasing prevalence of chronic illnesses is propelling the medical imaging market.
Major companies in the medical imaging market are concentrating on creating portable and adaptable solutions to enhance accessibility, patient throughput, and diagnostic effectiveness. Mobile MRI systems are developed to deliver high-quality imaging across various clinical environments, such as hospitals, outpatient clinics, and temporary facilities, allowing patients to obtain timely diagnostic services without requiring permanent installations. For example, in September 2024, Siemens Healthineers, a Germany-based medical technology firm, obtained FDA clearance for its 1.5T MAGNETOM Free.Max mobile MRI system. This system merges high-field imaging performance with a compact, transportable design, enabling healthcare providers to offer advanced diagnostic imaging in locations with limited infrastructure, facilitating rapid diagnosis, patient comfort, and optimized workflow.
In April 2024, GE HealthCare, a US-based medical technology firm, acquired MIM Software Inc. for an undisclosed sum. Through this acquisition, GE HealthCare intends to strengthen its precision care strategy by incorporating MIM’s AI-powered image analysis and automated digital workflow solutions across various care areas. MIM Software Inc. is a US-based company that provides vendor-neutral medical imaging software and AI solutions for radiation oncology, molecular radiotherapy, diagnostic imaging, and urology.
Major companies operating in the medical imaging market are Hitachi Medical Corporation, General Electric Company, Siemens Healthcare GmbH, Fujifilm Holdings Corporation, Koninklijke Philips N V, Hologic Inc., Mindray Medical International Limited, Shimadzu Corporation, Agfa-Gevaert Group, Neusoft Medical Systems Co Ltd., Carestream Health Inc., Esaote SpA, Analogic Corporation, Samsung Medison Co Ltd., Canon Medical Systems Corporation, TomTec Imaging Systems GmbH, Ziehm Imaging GmbH, MIM Software Inc., SuperSonic Imagine SA, EOS Imaging SA, Cubresa Inc., Planmed Oy, CurveBeam LLC, ContextVision AB, Koning Health, Intrasense SA.
North America was the largest region in the medical device market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global medical imaging market report during the forecast period. The regions covered in the medical imaging market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the medical imaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Tariffs are impacting the medical imaging market by increasing costs of imported imaging components such as detectors, magnets, semiconductors, cooling systems, and precision electronics used in MRI, CT, and ultrasound devices. Hospitals and diagnostic centers in North America and Europe are most affected due to dependence on imported high-value imaging equipment, while Asia-Pacific faces cost pressures on export-oriented manufacturing. These tariffs are elevating capital investment requirements and delaying equipment upgrades. However, they are also encouraging localized manufacturing, regional assembly, and long-term investments in domestic medical imaging production capabilities.
The medical imaging market research report is one of a series of new reports that provides medical imaging market statistics, including medical imaging industry global market size, regional shares, competitors with a medical imaging market share, detailed medical imaging market segments, market trends and opportunities, and any further data you may need to thrive in the medical imaging industry. This medical imaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Medical imaging encompasses a range of technologies used to produce images of the body to diagnose, monitor, or treat medical conditions. Each imaging modality provides unique information about the body, aiding in the detection and treatment of illnesses or injuries.
In medical imaging, the main product types include X-ray devices, magnetic resonance imaging (MRI) machines, ultrasound machines, computed tomography (CT) scanners, nuclear imaging devices, and mammography machines. These imaging technologies have diverse applications in healthcare, including obstetrics and gynecology health, orthopedics and musculoskeletal imaging, neuro and spine imaging, cardiovascular and thoracic imaging, general imaging, oncology imaging, urology imaging, breast health, and others. These devices are used in various healthcare settings such as hospitals, specialty clinics, diagnostic imaging centers, and others.
The medical imaging market consists of sales of different kinds of medical imaging equipment such as PET machines, fluoroscopy, electroencephalograms, and digital subtraction angiography machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The medical imaging market size is expected to see strong growth in the next few years. It will grow to $63.14 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to increasing demand for early disease detection, rising adoption of ai-enabled diagnostics, expansion of outpatient imaging centers, growing investments in advanced imaging technologies, increasing focus on precision medicine. Major trends in the forecast period include increasing adoption of ai-assisted image interpretation, rising demand for portable and point-of-care imaging systems, growing integration of advanced imaging software platforms, expansion of high-resolution and multi-modality imaging solutions, enhanced focus on early and preventive diagnostics.
The rising incidence of chronic illnesses is anticipated to drive the expansion of the medical imaging market in the coming years. Chronic illness refers to a medical condition that typically persists for three months or longer and may worsen over time. Elderly individuals are more susceptible to chronic illnesses, which are often manageable but not curable. The growing number of chronic conditions fuels the demand for medical imaging, as these technologies are utilized in the diagnosis and detection of such ailments. For example, in February 2024, the World Health Organization, a Switzerland-based intergovernmental organization, projected that by 2050, more than 35 million new cancer cases would occur, marking a 77% increase compared to an estimated 20 million cases in 2022. Thus, the increasing prevalence of chronic illnesses is propelling the medical imaging market.
Major companies in the medical imaging market are concentrating on creating portable and adaptable solutions to enhance accessibility, patient throughput, and diagnostic effectiveness. Mobile MRI systems are developed to deliver high-quality imaging across various clinical environments, such as hospitals, outpatient clinics, and temporary facilities, allowing patients to obtain timely diagnostic services without requiring permanent installations. For example, in September 2024, Siemens Healthineers, a Germany-based medical technology firm, obtained FDA clearance for its 1.5T MAGNETOM Free.Max mobile MRI system. This system merges high-field imaging performance with a compact, transportable design, enabling healthcare providers to offer advanced diagnostic imaging in locations with limited infrastructure, facilitating rapid diagnosis, patient comfort, and optimized workflow.
In April 2024, GE HealthCare, a US-based medical technology firm, acquired MIM Software Inc. for an undisclosed sum. Through this acquisition, GE HealthCare intends to strengthen its precision care strategy by incorporating MIM’s AI-powered image analysis and automated digital workflow solutions across various care areas. MIM Software Inc. is a US-based company that provides vendor-neutral medical imaging software and AI solutions for radiation oncology, molecular radiotherapy, diagnostic imaging, and urology.
Major companies operating in the medical imaging market are Hitachi Medical Corporation, General Electric Company, Siemens Healthcare GmbH, Fujifilm Holdings Corporation, Koninklijke Philips N V, Hologic Inc., Mindray Medical International Limited, Shimadzu Corporation, Agfa-Gevaert Group, Neusoft Medical Systems Co Ltd., Carestream Health Inc., Esaote SpA, Analogic Corporation, Samsung Medison Co Ltd., Canon Medical Systems Corporation, TomTec Imaging Systems GmbH, Ziehm Imaging GmbH, MIM Software Inc., SuperSonic Imagine SA, EOS Imaging SA, Cubresa Inc., Planmed Oy, CurveBeam LLC, ContextVision AB, Koning Health, Intrasense SA.
North America was the largest region in the medical device market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global medical imaging market report during the forecast period. The regions covered in the medical imaging market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the medical imaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Tariffs are impacting the medical imaging market by increasing costs of imported imaging components such as detectors, magnets, semiconductors, cooling systems, and precision electronics used in MRI, CT, and ultrasound devices. Hospitals and diagnostic centers in North America and Europe are most affected due to dependence on imported high-value imaging equipment, while Asia-Pacific faces cost pressures on export-oriented manufacturing. These tariffs are elevating capital investment requirements and delaying equipment upgrades. However, they are also encouraging localized manufacturing, regional assembly, and long-term investments in domestic medical imaging production capabilities.
The medical imaging market research report is one of a series of new reports that provides medical imaging market statistics, including medical imaging industry global market size, regional shares, competitors with a medical imaging market share, detailed medical imaging market segments, market trends and opportunities, and any further data you may need to thrive in the medical imaging industry. This medical imaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Medical imaging encompasses a range of technologies used to produce images of the body to diagnose, monitor, or treat medical conditions. Each imaging modality provides unique information about the body, aiding in the detection and treatment of illnesses or injuries.
In medical imaging, the main product types include X-ray devices, magnetic resonance imaging (MRI) machines, ultrasound machines, computed tomography (CT) scanners, nuclear imaging devices, and mammography machines. These imaging technologies have diverse applications in healthcare, including obstetrics and gynecology health, orthopedics and musculoskeletal imaging, neuro and spine imaging, cardiovascular and thoracic imaging, general imaging, oncology imaging, urology imaging, breast health, and others. These devices are used in various healthcare settings such as hospitals, specialty clinics, diagnostic imaging centers, and others.
The medical imaging market consists of sales of different kinds of medical imaging equipment such as PET machines, fluoroscopy, electroencephalograms, and digital subtraction angiography machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Medical Imaging Market Characteristics
3. Medical Imaging Market Supply Chain Analysis
4. Global Medical Imaging Market Trends and Strategies
5. Medical Imaging Market Analysis of End Use Industries
7. Global Medical Imaging Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Medical Imaging Total Addressable Market (TAM) Analysis for the Market
9. Medical Imaging Market Segmentation
10. Medical Imaging Market Regional and Country Analysis
11. Asia-Pacific Medical Imaging Market
12. China Medical Imaging Market
13. India Medical Imaging Market
14. Japan Medical Imaging Market
15. Australia Medical Imaging Market
16. Indonesia Medical Imaging Market
17. South Korea Medical Imaging Market
18. Taiwan Medical Imaging Market
19. South East Asia Medical Imaging Market
20. Western Europe Medical Imaging Market
21. UK Medical Imaging Market
22. Germany Medical Imaging Market
23. France Medical Imaging Market
24. Italy Medical Imaging Market
25. Spain Medical Imaging Market
26. Eastern Europe Medical Imaging Market
27. Russia Medical Imaging Market
28. North America Medical Imaging Market
29. USA Medical Imaging Market
30. Canada Medical Imaging Market
31. South America Medical Imaging Market
32. Brazil Medical Imaging Market
33. Middle East Medical Imaging Market
34. Africa Medical Imaging Market
36. Medical Imaging Market Competitive Landscape and Company Profiles
37. Medical Imaging Market Other Major and Innovative Companies
40. Medical Imaging Market High Potential Countries, Segments and Strategies
41. Appendix
List of Tables
Executive Summary
Medical Imaging Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses medical imaging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
- Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on end user analysis.
- Benchmark performance against key competitors based on market share, innovation, and brand strength.
- Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for medical imaging? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The medical imaging market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Product: X-Ray Devices; Magnetic Resonance Imaging (MRI); Ultrasound; Computed Tomography; Nuclear Imaging; Mammography2) By Application: Obstetrics And Gynecology Health; Orthopedics And Musculoskeletal; Neuro And Spine; Cardiovascular And Thoracic; General Imaging; Oncology; Urology; Breast Health; Other Applications
3) By End User: Hospitals; Specialty Clinics; Diagnostic Imaging Centers; Other End Users
Subsegments:
1) By X-Ray Devices: Conventional X-Ray Systems; Digital Radiography Systems; Portable X-Ray Machines2) By Magnetic Resonance Imaging (MRI): Closed MRI Systems; Open MRI Systems; Functional MRI (fMRI)
3) By Ultrasound: Diagnostic Ultrasound Systems; 3D/4D Ultrasound Systems; Portable Ultrasound Devices
4) By Computed Tomography (CT): Spiral/Helical CT Scanners; Cone Beam CT Scanners; Multi-Slice CT Scanners
5) By Nuclear Imaging: Positron Emission Tomography (PET) Scanners; Single Photon Emission Computed Tomography (SPECT) Scanners
6) By Mammography: Digital Mammography Systems; 3D Tomosynthesis Mammography Systems; Screening and Diagnostic Mammography Systems
Companies Mentioned: Hitachi Medical Corporation; General Electric Company; Siemens Healthcare GmbH; Fujifilm Holdings Corporation; Koninklijke Philips N V; Hologic Inc.; Mindray Medical International Limited; Shimadzu Corporation; Agfa-Gevaert Group; Neusoft Medical Systems Co Ltd.; Carestream Health Inc.; Esaote SpA; Analogic Corporation; Samsung Medison Co Ltd.; Canon Medical Systems Corporation; TomTec Imaging Systems GmbH; Ziehm Imaging GmbH; MIM Software Inc.; SuperSonic Imagine SA; EOS Imaging SA; Cubresa Inc.; Planmed Oy; CurveBeam LLC; ContextVision AB; Koning Health; Intrasense SA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Medical Imaging market report include:- Hitachi Medical Corporation
- General Electric Company
- Siemens Healthcare GmbH
- Fujifilm Holdings Corporation
- Koninklijke Philips N V
- Hologic Inc.
- Mindray Medical International Limited
- Shimadzu Corporation
- Agfa-Gevaert Group
- Neusoft Medical Systems Co Ltd.
- Carestream Health Inc.
- Esaote SpA
- Analogic Corporation
- Samsung Medison Co Ltd.
- Canon Medical Systems Corporation
- TomTec Imaging Systems GmbH
- Ziehm Imaging GmbH
- MIM Software Inc.
- SuperSonic Imagine SA
- EOS Imaging SA
- Cubresa Inc.
- Planmed Oy
- CurveBeam LLC
- ContextVision AB
- Koning Health
- Intrasense SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | February 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 48.63 Billion |
| Forecasted Market Value ( USD | $ 63.14 Billion |
| Compound Annual Growth Rate | 6.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 27 |
