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Diagnostic Imaging Services Market

Global Diagnostic Imaging Services Market Size, Forecast: By Type: X-ray, Magnetic Resonance Imaging (MRI), Ultrasound, Computed Tomography (CT), Nuclear Imaging, Others; By Application: Cardiology, Gynaecology/Obstetrics, Orthopaedics & Musculoskeletal, Others; By End Use; Regional Analysis; Competitive Landscape; 2024-2032

Global Diagnostic Imaging Services Market Outlook

The global diagnostic imaging services market size was around USD 430.55 billion in 2023 and is expected to expand at a CAGR of 6% over the forecast period of 2024-2032.

 

Global Diagnostic Imaging Services Market

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Medical imaging is an essential aspect of the whole continuum of health care. The emphasis on chronic disease, acute care, image-guided medical procedures, and improved treatment planning is driving the diagnostic imaging services industry.

 

Market Segmentation

Diagnostic imaging allows doctors to seek clues about a medical condition inside the body. A variety of techniques and machines can create images of your body’s structures and activities. The type of imaging service used by a doctor depends on the symptoms and part of a patient’s body being examined.

The diagnostic imaging services market can be divided on the basis of segments like type, application, and end-use.

The industry can be divided on the basis of its type as X-ray, magnetic resonance imaging (MRI), ultrasound, computed tomography (CT), and nuclear imaging, among others.

 

Global Diagnostic Imaging Services Market

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The industry can be divided based on its application into:

  • Cardiology
  • Gynecology/Obstetrics
  • Orthopaedics and Musculoskeletal
  • Oncology
  • Neurology and Spine
  • General Imaging

Further, the industry, based on its end use, can be broadly categorised into:

  • Hospitals
  • Diagnostic Imaging Centres
  • Ambulatory Surgical Centres
  • Others

The EMR report looks into the regional diagnostic imaging services markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Market Analysis

The global market for diagnostic imaging services is driven by factors, such as, an increased number of diagnostic imaging centres, growing geriatric population, increased cancer prevalence, and increased awareness of early diagnosis. Moreover, increased investments by government and private organisations in the health care sector to modernise imaging facilities is further aiding the market growth. The rising demand for diagnostic imaging devices is increasing due to technologically advanced imaging systems with multi-field applications and improved healthcare infrastructure. However, the high cost of diagnostic imaging procedures may hamper the market’s growth during the forecast period.

 

Global Diagnostic Imaging Services Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global diagnostic imaging services market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • RadNet, Inc. (RDNT: NASDAQ) 
  • MedQuest Associates, Inc.   
  • Hitachi, Ltd.   
  • Koninklijke Philips N.V.
  • Shimadzu Corporation
  • RAYUS Radiology
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis, as well as an assessment of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • End Use
  • Region
Breakup by Type
  • X-ray
  • Magnetic Resonance Imaging (MRI)
  • Ultrasound  
  • Computed Tomography (CT)
  • Nuclear Imaging
  • Others
Breakup by Application
  • Cardiology
  • Gynaecology/Obstetrics
  • Orthopaedics and Musculoskeletal
  • Oncology
  • Neurology and Spine
  • General Imaging
Breakup by End Use
  • Hospitals
  • Diagnostic Imaging Centres
  • Ambulatory Surgical Centres
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • RadNet, Inc. (NASDAQ: RDNT)
  • MedQuest Associates, Inc.
  • Hitachi, Ltd.
  • Shimadzu Corporation
  • Koninklijke Philips N.V.
  • RAYUS Radiology
  • Others 
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Diagnostic Imaging Services Market Report Snapshots

Diagnostic Imaging Services Market Size

Diagnostic Imaging Services Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Diagnostic Imaging Services Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Diagnostic Imaging Services Historical Market (2018-2023) 
    8.3    Global Diagnostic Imaging Services Market Forecast (2024-2032)
    8.4    Global Diagnostic Imaging Services Market by Type
        8.4.1    X-ray 
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Magnetic Resonance Imaging (MRI)
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Ultrasound  
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Computed Tomography (CT)
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Nuclear Imaging 
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Diagnostic Imaging Services Market by Application
        8.5.1    Cardiology 
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Gynaecology/Obstetrics
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Orthopaedics and Musculoskeletal
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Oncology
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Neurology and Spine
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    General Imaging
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
    8.6    Global Diagnostic Imaging Services Market by End Use
        8.6.1    Hospitals
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Diagnostic Imaging Centres
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Ambulatory Surgical Centres
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others
    8.7    Global Diagnostic Imaging Services Market by Region     
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Diagnostic Imaging Services Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Diagnostic Imaging Services Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Diagnostic Imaging Services Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Diagnostic Imaging Services Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Diagnostic Imaging Services Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    RadNet, Inc. (NASDAQ: RDNT)
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    MedQuest Associates, Inc. 
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Hitachi, Ltd.  
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Shimadzu Corporation 
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Koninklijke Philips N.V.   
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    RAYUS Radiology
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others 
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Diagnostic Imaging Services Market: Key Industry Highlights, 2018 and 2032
2.    Global Diagnostic Imaging Services Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Diagnostic Imaging Services Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Diagnostic Imaging Services Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Diagnostic Imaging Services Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Diagnostic Imaging Services Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    Global Diagnostic Imaging Services Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    Global Diagnostic Imaging Services Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Diagnostic Imaging Services Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Diagnostic Imaging Services Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Diagnostic Imaging Services Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Diagnostic Imaging Services Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Diagnostic Imaging Services Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Diagnostic Imaging Services Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Diagnostic Imaging Services Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Diagnostic Imaging Services Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Diagnostic Imaging Services Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Diagnostic Imaging Services Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Diagnostic Imaging Services Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Diagnostic Imaging Services Market Structure

Key Questions Answered in the Report

In 2023, the global diagnostic imaging services market attained a value of nearly USD 430.55 billion.

The market is projected to grow at a CAGR of 6% between 2024 and 2032.

The major drivers of the industry include increased number of diagnostic imaging centres, growing geriatric population, increased cancer prevalence, and increased awareness of early diagnosis.

The emphasis on chronic disease, acute care, image-guided medical procedures, and improved treatment planning is expected to be a key trend guiding the growth of the industry.

The types of diagnostic imaging services available are X-ray, magnetic resonance imaging (MRI), ultrasound, computed tomography (CT), and nuclear imaging, among others.

Diagnostic imaging services finds applications as cardiology, gynaecology/obstetrics, orthopaedics and musculoskeletal, oncology, neurology and spine, and general imaging.

Diagnostic imaging services can have different end-uses like hospitals, diagnostic imaging centres, and ambulatory surgical centres, amongst others.

The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The leading players in this market are RadNet, Inc. (RDNT:NASDAQ), MedQuest Associates, Inc., Hitachi, Ltd., Koninklijke Philips N.V., Shimadzu Corporation, RAYUS Radiology, amongst others.

Analyst Review

The global diagnostic imaging services market attained a value of USD 430.55 billion in 2023, driven by the emphasis on chronic disease, acute care, image-guided medical procedures, and improved treatment planning. Aided by the increased number of diagnostic imaging centres, growing geriatric population, increased cancer prevalence, and increased awareness of early diagnosis, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on the type, the diagnostic imaging services market can be segmented into X-ray, magnetic resonance imaging (MRI), ultrasound, computed tomography (CT), and nuclear imaging. By application, the industry can be divided cardiology, gynaecology/obstetrics, orthopaedics and musculoskeletal, oncology, neurology and spine, and general imaging. Diagnostic imaging services can have different end-uses like hospitals, diagnostic imaging centres, and ambulatory surgical centres, amongst others. The regional markets for diagnostic imaging services include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include RadNet, Inc. (RDNT:NASDAQ), MedQuest Associates, Inc., Hitachi, Ltd., Koninklijke Philips N.V., Shimadzu Corporation, RAYUS Radiology, amongst others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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