Medical Imaging Market Outlook, 2025

The Growing Demand for Imaging Services is being Addressed by Advanced Medical Imaging Equipment Solutions Enhanced by AI Capabilities and Other Imaging Informatics Solutions

The global medical imaging equipment and informatics industry is experiencing increasing demand for primary care, high prevalence of chronic diseases, and high footfall in screening centers, which are driving its growth. The growing demand for personalized precision medicine and an increased need for imaging in screening, non-invasive therapies, and new methods of treating disease are driving imaging procedures and digitalization, leading to increased demand for imaging systems. 2024 saw high growth in digital radiography, mammography, and IXR unit sales, while CT and MRI registered moderate growth. The imaging informatics industry also witnessed growth in 2024, with customers that implemented image management for radiology or pathology expanding their use to include modules for other -ologies. International events, such as the Russo-Ukrainian war, inflation, and the slowdown in the Chinese market, have substantially impacted the industry.

However, the increasing shift to non-hospital settings, the rapid adoption of cloud infrastructure and AI by healthcare providers, and the focus on AI-based imaging algorithms for multiple clinical applications will drive overall industry growth. In this study, the publisher examines the industry and provides the top 5 predictions for 2025. This outlook analyzes the medical imaging market between 2022 and 2029, with 2024 as the base year. The forecast period runs from 2025 to 2029, giving industry participants a sense of what to expect over the next 4 years. The publisher also offers stakeholder insight into the prominent growth opportunities in this industry, including the growing use of image-guided high-intensity focused ultrasound as part of multimodal imaging, AI-based enterprise workflow solutions to meet the growing demand for radiology procedures, and building Gen AI solutions for medical imaging analysis, all of which provide excellent growth prospects for the industry.