analytics_image
Medical Imaging Market to Reach Valuation of USD 35.8 Billion By 2028 – Rising Advancements in medical services in Medical ImagingIndustries Drives the Market
Vantage Market Research

Press Release-Medical Imaging Market to Reach Valuation of USD 35.8 Billion By 2028 – Rising Advancements in medical services in Medical ImagingIndustries Drives the Market

Vantage Market Research |

Medical Imaging Market to Reach Valuation of USD 35.8 Billion By 2028 – Rising Advancements in medical services in Medical ImagingIndustries Drives the Market

image

In terms of revenue, the Global Medical Imaging Market is expected to reach USD 35.8 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 4.5% from 2022 to 2028.

Medical Imaging Market grew exponentially in 2021 and is predicted to continue to do so throughout the forecast period in the purview of the rising prevalence of chronic diseases, the existence of important players in the growth of Medical Imaging Market outsourcing, and the region's well-established healthcare infrastructure, Additionally, an increase in the number of hospitals, a rise in the demand for early diagnosis, an increase in the prevalence of cancer and cardiac disease, and an increase in the number of senior are the main drivers of regional growth.

Key Highlights from Report:

· The Ultrasound segment is anticipated to drive the growth of the Medical Imaging Market during the forecast period. The increasing number of Ultrasonic applications is responsible for the category growth. New applications for Ultrasound devices in biomedical and cardiovascular imaging have been made possible by recent advancements in sophisticated Ultrasound transducers. Additionally, a strong emphasis on the development of portable Ultrasound devices is anticipated to increase the applicability of this modality in both ambulatory and emergency treatment.

· Hospitals gained market share and dominated the whole market. Some elements promoting the segment's growth include increased demand for high-tech imaging modalities and incorporating surgical suits with imaging equipment. Teaching hospitals in several affluent nations have seen a dramatic demand for various treatment modalities compared to general or specialty Hospitals.

· North America commanded the largest share of the medical/diagnostic imaging market in 2021 and is predicted to continue to do so throughout the forecast period for the Global Medical Imaging Market due to the rising prevalence of chronic diseases, the existence of important players in the growth of Medical Imaging Market outsourcing, and the region's well-established healthcare infrastructure, Additionally, an increase in the number of hospitals, a rise in the demand for early diagnosis, an increase in the prevalence of cancer and cardiac disease, and an increase in the number of senior are the main drivers of regional growth.

Market Dynamics:

Medical Imaging Market, referred to as radiography, is the branch of medicine where doctors make different images of bodily components for diagnostic or therapeutic purposes. Non-invasive tests used in Medical Imaging Market techniques enable clinicians to make non-intrusive diagnoses of illnesses and injuries. Healthcare disciplines frequently employ Medical Imaging Market tools to diagnose illness problems and support therapy recommendations. Medical Imaging Market is increasingly in demand as healthcare costs rise in developed and developing nations. Over the projected period, the Medical Imaging Market industry will be driven by all these drivers taken together. In the upcoming years, the market expansion is anticipated to be fuelled by rising Research and Development (R&D) activities, expanding healthcare infrastructure, and adoption of cutting-edge Medical Imaging Market modalities.

Most of the market for Medical Imaging Market software is in North America. These nations are prepared for the technological shift because they have built their health infrastructure. Top industry participants, including Carestream Health Inc., GE Healthcare, and Hologic Inc., are present in the United States, which is why regional growth has been strong. These major competitors in the market make promotional and marketing efforts to raise public knowledge of Medical Imaging Market, which helps the North American market statistics. Additionally, increasing healthcare.

The Global Medical Imaging Market is Segmented as follows:

  • Products
    • X-Ray
    • Ultrasound
    • Computed Tomography
    • Magnetic Resonance Imaging (MRI)
    • Nuclear Imaging
  • End Users
    • Hospitals
    • Diagnostic Imaging Centers
    • Other End Users
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

A list of the Key Players of the Global Medical Imaging Market is:

[object Object]

The Global Medical Imaging Market Scope can be Tabulated as below:

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2021
Historic Years 2016-2020
Forecast Years 2022-2028
Segments Covered
  • Products
    • X-Ray
    • Ultrasound
    • Computed Tomography
    • Magnetic Resonance Imaging (MRI)
    • Nuclear Imaging
  • End Users
    • Hospitals
    • Diagnostic Imaging Centers
    • Other End Users
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
Region & Counties Covered
  • North America
    • U.S.
    • Canada
    • Mexic
  • Eurpe
    • U.K
    • France
    • Germany
    • Italy
    • Spain
    • Rest Of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Suth Korea
    • South East Asia
    • Rest Of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest Of Latin America
  • Middle East & Africa
    • GCC Cuntries
    • South Africa
    • Rest Of Middle East & Africa
Companies Covered
  • GE Healthcare
  • Koninklijke Philips N.V.
  • Siemens Healthineers
  • Canon Medical Systems Corporation
  • Mindray Medical International
  • Esaote
  • Hologic, Inc.
  • Samsung Medison Co. Ltd.
  • Koning Corporation
  • Perkin Elmer Inc.
  • FUJIFILM Visual Sonics Inc.
  • Cubresa Inc.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

About Vantage Market Research:

We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.

05 Sep 2022

Min Read

Historical Data | Base Year 

star icon

Access Full Report

Medical Imaging Market to Reach Valuation of USD 35.8 Billion By 2028 – Rising Advancements in medical services in Medical ImagingIndustries Drives the Market

This report by Vantage Market Research delivers comprehensive analysis of Somatostatin Analogs Market , focusing on Market Size, Share & Trends Analysis Report by Type (Octreotide, Lanreotide, Pasireotide) by Application (Acromegaly, Neuroendocrine Tumors (NETs), Others) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

Request Sample

Related Reports

Healthcare

Veterinary Care Market Size, Share & Trends Analysis Report.

13 Nov 2023

10 Min Read

Healthcare

Surgical Imaging Market Size, Share & Trends Analysis Report.

13 Nov 2023

10 Min Read

Healthcare

Surgical Imaging Market Size, Share & Trends Analysis Report.

13 Nov 2023

10 Min Read

Latest Press Release

13 Nov 2023

Veterinary Care Market Size, Share & Trends Analysis Report.

Healthcare

13 Nov 2023

Surgical Imaging Market Size, Share & Trends Analysis Report.

Healthcare

13 Nov 2023

Surgical Imaging Market Size, Share & Trends Analysis Report.

Healthcare

vantage logo

Vantage Market Research & Consultancy Services is all about providing accurate and reliable market intelligence to its clients for the seamless execution of their business growth strategies.

© 2025 Vantage Market Research. All right reserved
Secured Bysecured by