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Global Diagnostic Imaging Systems Market 2020-2030: Market Generated $38.9 Billion in 2019 and will Increase to $70.0 Billion in 2030

Research and Markets
·6-min read

Dublin, March 16, 2021 (GLOBE NEWSWIRE) -- The "Diagnostic Imaging Systems Market Research Report: By Product, Application, End User - Industry Dynamics and Competitive Benchmarking till 2030" report has been added to's offering.

This market generated $38.9 billion in 2019 and will increase to $70.0 billion in 2030.

Factors such as the escalating healthcare expenditure, burgeoning number of diagnostic imaging centers, growing requirement for diagnostic imaging procedures, booming population of the elderly, continuous technological developments in diagnostic imaging, and rising prevalence of chronic diseases are expected to drive the diagnostic imaging systems market at a CAGR of 5.8% during the forecast period (2020-2030).

One of the leading factors supporting the diagnostic imaging systems market growth is the surge in the geriatric population. According to the World Population Ageing report of 2019 of the United Nations (UN), the population of people aged 65 years and above is expected to reach nearly 1.5 billion in 2050. Older people need extensive care, as they are more susceptible to chronic diseases due to their weak immunity levels. Due to this, the demand for diagnostic imaging systems will continue to escalate during the forecast period.

Currently, the diagnostic imaging systems market is witnessing the trend of product launches. The new high-quality imaging systems are facilitating access to advanced diagnosis with fast and accurate results. For instance, Carestream Health Inc. launched the DRX-Compass X-ray System in August 2020 to provide a scalable and flexible approach to digital imaging.

The system, marketed to diagnostic imaging centers and hospitals, assists in vertical auto-centering and auto-tracking. Similarly, in July 2020, Hologic Inc. launched a cart-based system ultrasound system, named SuperSonic MACH 40, in the U.S. to offer a high image quality and various imaging modes.

Geographically, the North American region held the largest share in the diagnostic imaging systems market in 2019 due to the increasing cases of chronic ailments, surging healthcare expenditure, and presence of numerous state-of-the-art hospitals and diagnostic centers in the region.

During the forecast period, the Asia-Pacific (APAC) region is projected to register the highest growth rate owing to the spurring number of diagnostic imaging centers and rising prevalence of chronic diseases. As per the World Health Organization (WHO), low- and middle-income countries account for 80% of the global chronic disease mortality.

Key Topics Covered:

Chapter 1. Research Background

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Product X-ray imaging systems By technology Digital Analog By portability Stationary Portable MRI systems By type Closed Open By field strength Mid High Low Ultrasound systems By technology 3D and 4D 2D Doppler imaging By portability Trolley/cart-based Compact/portable CT scanners By slice Nuclear imaging systems Others
4.1.2 By Application Cardiology Oncology Neurology Orthopedics Urology Dentistry Ophthalmology OB/GYN Others
4.1.3 By End User
4.2 Market Dynamics
4.2.1 Trends Increasing number of product launches Rising number of collaborations and acquisitions
4.2.2 Drivers Increasing number of healthcare settings Increasing healthcare expenditure Growing need for diagnostic imaging procedures Surge in the prevalence of chronic diseases Technological advancements in diagnostic imaging Surging geriatric population Impact analysis of drivers on market forecast
4.2.3 Restraints High cost of development and maintenance of diagnostic imaging systems Stringent regulations Diminishing helium reserves Increasing risk of cancer due to exposure to radiation Impact analysis of restraints on market forecast
4.3 Porter's Five Forces Analysis
4.4 Impact of COVID-19
4.5 Regulatory Scenario for Diagnostic Imaging Systems
4.6 Pricing Analysis
4.7 Maintenance Cost Associated with Diagnostic Imaging Systems

Chapter 5. Global Market Size and Forecast
5.1 By Product
5.1.1 X-Ray Imaging Systems Market By technology By portability
5.1.2 MRI Systems Market By type By field strength
5.1.3 Ultrasound Systems Market By technology By portability
5.1.4 CT Scanners Market By slice
5.2 By Application
5.3 By End User
5.4 By Region

Chapter 6. North America Market Size and Forecast

Chapter 7. Europe Market Size and Forecast

Chapter 8. APAC Market Size and Forecast

Chapter 9. LATAM Market Size and Forecast

Chapter 10. MEA Market Size and Forecast

Chapter 11. Competitive Landscape
11.1 Market Share Analysis of Key Players
11.2 Competitive Benchmarking
11.3 Strategic Developments of Key Players
11.3.1 Product Launches and Approvals
11.3.2 Acquisitions
11.3.3 Partnerships
11.3.4 Other Developments

Chapter 12. Company Profiles

  • General Electric Company

  • Siemens AG

  • Koninklijke Philips N.V.

  • Dragerwerk AG & Co. KGaA

  • FUJIFILM Holdings Corporation

  • Hitachi Ltd.

  • Agfa-Gevaert N.V.

  • Canon Inc.

  • Carestream Health Inc.

  • Shimadzu Corporation

  • Esaote S.p.A.

  • Mindray Bio-Medical Electronics Co. Ltd.

  • Analogic Corporation

  • Samsung Electronics Co. Ltd.

  • Hologic Inc.

  • Konica Minolta Inc.



  • Dornier MedTech GmbH

  • Varex Imaging Corporation

  • Bruker Corporation

  • Fonar Corporation

  • Neusoft Corporation

  • Aurora Healthcare US Corp

  • Time Medical Holding

  • Aspect Imaging Ltd.

  • SonoScape Medical Corporation

  • SternMed GmbH

For more information about this report visit

CONTACT: CONTACT: Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900