The global medical digital imaging system market size was estimated to be USD 16.78 billion in 2023 and is expected to reach at USD 43.8 billion by 2033 with a CAGR of 9.12% during the forecast period 2023-2033. Growing demand for early diagnostic methods, rising technological advancements, surge in investments by government bodies, increasing advancements in digital & communication technologies, growing need of new imaging techniques in surgery procedures, surge in usage of cloud-based technology in healthcare industry, increasing introduction of technologically advanced systems are some of the key factors boosting the market growth.
Increasing introduction of technologically advanced systems is predicted to boost the market growth during the forecast period. For instance, in July 2022, Siemens Healthineers has unveiled the Mobilett Impact, a mobile X-ray system that combines complete digital integration, cost-effectiveness, and the benefits of portable imaging technology for bedside examinations. Mobile X-ray is particularly crucial when patients are unable to move from their beds or be transported to the radiology department.
By Type, Computed tomography was the highest revenue-grossing segment in the global medical digital imaging system market in 2022 owing to increasing development of new radiotracers, rising prevalence of chronic diseases such as cancers & cardiovascular diseases, and surge in launch of new products. For instance, in March 2022, Siemens Healthineers launched two new additions, MAGNETOM Free Star and NAEOTOM Alpha, to its MRI and CT product lineup during the 74th National Conference, IRIA 2022, held in Bengaluru. These advanced medical imaging technologies contributed to the expansion of the company's customer base by providing state-of-the-art solutions. Additionally, Nuclear imaging is predicted to grow at fastest CAGR during the forecast period owing to the rising technological advancements and growing advanced product launches.
By Technology, 3D/4D was the highest revenue-grossing segment in the global medical digital imaging system market in 2022 owing to rising adoption of 3D/4D imaging technologies in fetal monitoring, growing technological advancements, and increasing collaborations & partnerships within market players. For instance, in August 2020, Hologic and RadNet, Inc., a prominent provider of affordable outpatient diagnostic imaging services, joined forces to enhance the utilization of artificial intelligence in the field of breast health. Additionally, 2D is predicted to grow at fastest CAGR during the forecast period owing to rising technological advancements and increasing launch of new products.
By End-user, Hospitals & Clinics was the highest revenue-grossing segment in the global medical digital imaging system market in 2022 owing to rising usage of digital imaging systems in hospitals. Additionally, Diagnostic centres is predicted to grow at fastest CAGR during the forecast period owing to the rising need for accurate & early diagnosis of diseases and growing initiatives by major market players. For instance, In July 2020, The United States Department of Veterans Affairs and Royal Phillips signed a contract. In line with this contract, the former business helped the VA develop its telecritical care program. Investment in medical equipment including diagnostic imaging, sleep aids, and patient monitoring is required by the agreement.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing adoption of advanced technology, growing healthcare infrastructure, rising favourable reimbursement policies, and surge in launch of advanced products. For instance, in January 2023, FUJIFILM Sonosite Inc. has introduced the Sonosite PX ultrasound system in Canada, offering enhanced visual clarity and representing the next evolutionary step in Sonosite point-of-care ultrasound technology. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising government incentives, cost effectiveness of clinical trials, surge in medical tourism, increasing need of advanced diagnostic methods, and growing launch of advanced systems. For instance, in March 2021, The debut of Fujifilm India Pvt. Ltd.'s FDR micro mobile digital radiography equipment was announced in New Delhi. This digital radiology technology enables noise reduction circuits, which in turn enhances the granularity of low-density regions and achieves good picture quality, to provide high resolution imaging with minimal X-ray doses in healthcare settings.
Increasing introduction of technologically advanced systems is predicted to boost the market growth during the forecast period. For instance, in July 2022, Siemens Healthineers has unveiled the Mobilett Impact, a mobile X-ray system that combines complete digital integration, cost-effectiveness, and the benefits of portable imaging technology for bedside examinations. Mobile X-ray is particularly crucial when patients are unable to move from their beds or be transported to the radiology department.
By Type, Computed tomography was the highest revenue-grossing segment in the global medical digital imaging system market in 2022 owing to increasing development of new radiotracers, rising prevalence of chronic diseases such as cancers & cardiovascular diseases, and surge in launch of new products. For instance, in March 2022, Siemens Healthineers launched two new additions, MAGNETOM Free Star and NAEOTOM Alpha, to its MRI and CT product lineup during the 74th National Conference, IRIA 2022, held in Bengaluru. These advanced medical imaging technologies contributed to the expansion of the company's customer base by providing state-of-the-art solutions. Additionally, Nuclear imaging is predicted to grow at fastest CAGR during the forecast period owing to the rising technological advancements and growing advanced product launches.
By Technology, 3D/4D was the highest revenue-grossing segment in the global medical digital imaging system market in 2022 owing to rising adoption of 3D/4D imaging technologies in fetal monitoring, growing technological advancements, and increasing collaborations & partnerships within market players. For instance, in August 2020, Hologic and RadNet, Inc., a prominent provider of affordable outpatient diagnostic imaging services, joined forces to enhance the utilization of artificial intelligence in the field of breast health. Additionally, 2D is predicted to grow at fastest CAGR during the forecast period owing to rising technological advancements and increasing launch of new products.
By End-user, Hospitals & Clinics was the highest revenue-grossing segment in the global medical digital imaging system market in 2022 owing to rising usage of digital imaging systems in hospitals. Additionally, Diagnostic centres is predicted to grow at fastest CAGR during the forecast period owing to the rising need for accurate & early diagnosis of diseases and growing initiatives by major market players. For instance, In July 2020, The United States Department of Veterans Affairs and Royal Phillips signed a contract. In line with this contract, the former business helped the VA develop its telecritical care program. Investment in medical equipment including diagnostic imaging, sleep aids, and patient monitoring is required by the agreement.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing adoption of advanced technology, growing healthcare infrastructure, rising favourable reimbursement policies, and surge in launch of advanced products. For instance, in January 2023, FUJIFILM Sonosite Inc. has introduced the Sonosite PX ultrasound system in Canada, offering enhanced visual clarity and representing the next evolutionary step in Sonosite point-of-care ultrasound technology. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising government incentives, cost effectiveness of clinical trials, surge in medical tourism, increasing need of advanced diagnostic methods, and growing launch of advanced systems. For instance, in March 2021, The debut of Fujifilm India Pvt. Ltd.'s FDR micro mobile digital radiography equipment was announced in New Delhi. This digital radiology technology enables noise reduction circuits, which in turn enhances the granularity of low-density regions and achieves good picture quality, to provide high resolution imaging with minimal X-ray doses in healthcare settings.
Segmentation: Medical Digital Imaging System Market Report 2022 - 2033
Medical Digital Imaging System Market Analysis & Forecast by Type 2022 - 2033 (Revenue USD Bn)
- Computed tomography (CT)
- X-ray
- MRI
- Ultrasound
- Nuclear Imaging
Medical Digital Imaging System Market Analysis & Forecast by Technology 2022 - 2033 (Revenue USD Bn)
- 3D/4D
2D
- Colour
- Black and White (BnW)
Medical Digital Imaging System Market Analysis & Forecast by End-user 2022 - 2033 (Revenue USD Bn)
- Diagnostic Centres
- Hospitals & Clinics
Medical Digital Imaging System Market Analysis & Forecast by Region 2022 - 2033 (Revenue USD Bn)
North America
- U.S.
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Medical Digital Imaging System Market: Type Estimates & Trend Analysis
8. Medical Digital Imaging System Market: Technology Estimates & Trend Analysis
9. Medical Digital Imaging System Market: End-user Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Medical Digital Imaging System Market
12. Europe Global Medical Digital Imaging System Market
13. Asia Pacific Global Medical Digital Imaging System Market
14. Latin America Global Medical Digital Imaging System Market
15. MEA Global Medical Digital Imaging System Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Hologic
- Shimadzu
- Hitachi
- Esaote SPA
- GE Healthcare
- Siemens Healthineers
- Koninklijke Philips N.V
- Canon Medical Systems Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | August 2023 |
| Forecast Period | 2022 - 2033 |
| Estimated Market Value ( USD | $ 16.78 Billion |
| Forecasted Market Value ( USD | $ 43.8 Billion |
| Compound Annual Growth Rate | 9.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
