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Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global medical imaging market size reached US$ 37.26 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 54.15 Billion by 2027, exhibiting a growth rate (CAGR) of 6.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Medical imaging refers to the technique of creating visual depictions of the human body for diagnosing an ailment and its subsequent medical treatment. Computed tomography (CT) scanners, magnetic resonance imaging (MRI), nuclear imaging, mammography, and ultrasound are common medical imaging systems. It is a non-invasive technique that helps medical professionals to assess patients' bones, organs, tissue, and blood vessels. Medical imaging tests are safe, quick, and easy to perform and aid in early and accurate diagnosis, understanding complications, and eliminating the need for exploratory surgery. As a result, medical imaging is widely used in cardiovascular and thoracic, orthopedics and musculoskeletal, obstetrics and gynecology, and neurology departments.

Medical Imaging Market Trends:

The significant growth in the healthcare industry across the globe is creating a positive outlook for the market. In line with this, the growing occurrence of lifestyle diseases owing to sedentary lifestyles and age-related ailments in the steadily rising geriatric population is also favoring the market growth. Medical imaging is widely used by healthcare specialties to diagnose diseases and injuries, such as cancer, heart blockage, fractures, and tumors. Apart from this, the introduction of three-dimensional (3D) imaging technology to develop enhanced resolutions and more intricate details for better patient care is providing an impetus to the market growth. Moreover, the integration of artificial intelligence (AI) to enhance tissue-based detection and provide accuracy and sensitivity in the identification of imaging abnormalities is acting as another growth-inducing factor. Furthermore, the increasing demand for CT scans and MRIs to detect the spread of COVID-19 in the lungs is positively influencing the market growth. Other factors, including rising expenditure capacities of consumers, extensive research and development (R&D) activities, and the launch of portable imaging devices, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global medical imaging market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, application and end user.

Breakup by Product:

  • CT Scanners
  • X-Ray Imaging Systems
  • MRI Systems
  • Ultrasound Imaging Systems
  • Nuclear Imaging Systems
  • Mammography Systems
     

Breakup by Application:

  • Obstetrics and Gynecology Health
  • Orthopedics and Musculoskeletal
  • Neuro and Spine
  • Cardiovascular and Thoracic
  • General Imaging
  • Breast Health
  • Others
     

Breakup by End User:

  • Hospitals
  • Diagnostic Centers
  • Academic Institutes and Research Organizations
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Canon Medical Systems Corporation (Canon Inc.), Carestream Health, Cubresa Inc., Esaote SpA, FUJIFILM VisualSonics Inc., GE HealthCare (General Electric Company), Hologic Inc., Koning Corporation, Koninklijke Philips N.V., Materialise NV, Mindray Medical International Limited, Samsung Medison Co. Ltd. (Samsung Electronics Co. Ltd.) and Siemens Healthineers AG (Siemens AG).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Canon Medical Systems Corporation (Canon Inc.), Carestream Health, Cubresa Inc., Esaote SpA, FUJIFILM VisualSonics Inc., GE HealthCare (General Electric Company), Hologic Inc., Koning Corporation, Koninklijke Philips N.V., Materialise NV, Mindray Medical International Limited, Samsung Medison Co. Ltd. (Samsung Electronics Co. Ltd.) and Siemens Healthineers AG (Siemens AG).
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global medical imaging market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global medical imaging market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global medical imaging market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Medical Imaging Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    CT Scanners
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    X-Ray Imaging Systems
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    MRI Systems
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Ultrasound Imaging Systems
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Nuclear Imaging Systems
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Mammography Systems
        6.6.1 Market Trends
        6.6.2 Market Forecast
7    Market Breakup by Application
    7.1    Obstetrics and Gynecology Health
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Orthopedics and Musculoskeletal
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Neuro and Spine
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Cardiovascular and Thoracic
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    General Imaging
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Breast Health
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Others
        7.7.1 Market Trends
        7.7.2 Market Forecast
8    Market Breakup by End User
    8.1    Hospitals 
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Diagnostic Centers
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Academic Institutes and Research Organizations
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Canon Medical Systems Corporation (Canon Inc.)
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Carestream Health
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Cubresa Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Esaote SpA
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    FUJIFILM VisualSonics Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    GE HealthCare (General Electric Company)
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Hologic Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Koning Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Koninklijke Philips N.V.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Materialise NV
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Mindray Medical International Limited
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Samsung Medison Co. Ltd. (Samsung Electronics Co. Ltd.)
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
        14.3.13    Siemens Healthineers AG (Siemens AG)
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio

List of Figures

Figure 1: Global: Medical Imaging Market: Major Drivers and Challenges
Figure 2: Global: Medical Imaging Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Medical Imaging Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Medical Imaging Market: Breakup by Product (in %), 2021
Figure 5: Global: Medical Imaging Market: Breakup by Application (in %), 2021
Figure 6: Global: Medical Imaging Market: Breakup by End User (in %), 2021
Figure 7: Global: Medical Imaging Market: Breakup by Region (in %), 2021
Figure 8: Global: Medical Imaging (CT Scanners) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Medical Imaging (CT Scanners) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Medical Imaging (X-Ray Imaging Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Medical Imaging (X-Ray Imaging Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Medical Imaging (MRI Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Medical Imaging (MRI Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Medical Imaging (Ultrasound Imaging Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Medical Imaging (Ultrasound Imaging Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Medical Imaging (Nuclear Imaging Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Medical Imaging (Nuclear Imaging Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Medical Imaging (Mammography Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Medical Imaging (Mammography Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Medical Imaging (Obstetrics and Gynecology Health) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Medical Imaging (Obstetrics and Gynecology Health) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Medical Imaging (Orthopedics and Musculoskeletal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Medical Imaging (Orthopedics and Musculoskeletal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Medical Imaging (Neuro and Spine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Medical Imaging (Neuro and Spine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Medical Imaging (Cardiovascular and Thoracic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Medical Imaging (Cardiovascular and Thoracic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Medical Imaging (General Imaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Medical Imaging (General Imaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Medical Imaging (Breast Health) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Medical Imaging (Breast Health) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Medical Imaging (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Medical Imaging (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Medical Imaging (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Medical Imaging (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Medical Imaging (Diagnostic Centers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Medical Imaging (Diagnostic Centers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Medical Imaging (Academic Institutes and Research Organizations) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Medical Imaging (Academic Institutes and Research Organizations) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: North America: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: North America: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: United States: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: United States: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Canada: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Canada: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Asia-Pacific: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Asia-Pacific: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: China: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: China: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Japan: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Japan: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: India: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: India: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: South Korea: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: South Korea: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Australia: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Australia: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Indonesia: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Indonesia: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Europe: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Europe: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Germany: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Germany: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: France: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: France: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: United Kingdom: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: United Kingdom: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Italy: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Italy: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Spain: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Spain: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Russia: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Russia: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Latin America: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Latin America: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Brazil: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Brazil: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Mexico: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Mexico: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Middle East and Africa: Medical Imaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Middle East and Africa: Medical Imaging Market: Breakup by Country (in %), 2021
Figure 88: Middle East and Africa: Medical Imaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Global: Medical Imaging Industry: SWOT Analysis
Figure 90: Global: Medical Imaging Industry: Value Chain Analysis
Figure 91: Global: Medical Imaging Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Medical Imaging Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Medical Imaging Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Medical Imaging Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Medical Imaging Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Medical Imaging Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Medical Imaging Market: Competitive Structure
Table 7: Global: Medical Imaging Market: Key Players


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