Global Diagnostic Imaging Market: Trends and Growth Forecast 2024-2031

Global Diagnostic Imaging Market: Trends and Growth Forecast 2024-2031
Diagnostic Imaging Market – DataM Intelligence
Explore the burgeoning Global Diagnostic Imaging Market, projected to expand at a steady CAGR of 5.5% from 2024 to 2031. Learn how advancements in medical imaging technologies are revolutionizing disease diagnosis and treatment. Discover opportunities driven by increased research funding and initiatives like Euro-BioImaging. Gain comprehensive insights into market segmentation, key players, and future prospects.

Report Overview 

The Global Diagnostic Imaging Market is estimated to grow at a CAGR of 5.5% during the forecast period 2024-2031 

The increasing prevalence of chronic and pathological diseases has heightened the demand for cutting-edge medical imaging techniques. This growing need for diagnostic tools capable of detecting conditions at earlier stages has led to a surge in the market for advanced medical imaging devices. 

Technological advancements have significantly reduced the reporting time required after image review. Additionally, these advancements have enhanced the precision and accuracy of imaging devices, further improving diagnostic capabilities.

 

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Diagnostic Imaging Market Growth 

The rise in research funding is anticipated to offer significant growth opportunities for the global diagnostic imaging market in the coming years. A notable example of this trend occurred in June 2023, when the University of Arizona received equipment funding from the National Institutes of Health to acquire a new MRI system. This advanced system is capable of generating more precise and comprehensive images of the brain, facilitating research into its internal workings. 

Additionally, initiatives such as Euro-BioImaging provide life science researchers with full support and expert guidance to carry out their imaging projects at participating institutions. This pan-European open-access program ensures that scientists from all backgrounds and areas of expertise can benefit from access to cutting-edge imaging technologies and resources.

 

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Diagnostic Imaging Market Segmentation 

By Type 

  • X-Ray 
  • MRI 
  • Nuclear Medicine 
  • SPECT Imaging 

By Application 

  • Orthopedic 
  • Neurology 
  • Oncology 
  • Cardiology 
  • Others 

By End User 

  • Hospitals 
  • Diagnostics Imaging Centers 

 

Diagnostic Imaging Market Leaders 

Major players are GE Healthcare, Siemens Healthcare, Carestream Health Inc., Hitachi Medical Corporation, Canon Toshiba Medical Systems Corporation, Hologic Corporation, Philips Healthcare, Fujifilm Holdings Corporation, and Shimadzu Corporation. 

 

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