Medical Imaging Services Market Size

Medical Imaging Services Market Size

Global Medical Imaging Services Market size was valued at over USD 590 billion in 2022 and is projected to reach more than USD 968 billion by 2032. Medical imaging services refer to the industry that provides various imaging technologies such as medical X-ray, magnetic resonance imaging (MRI), computed tomography (CT), diagnostic ultrasound, mammography, and nuclear medicine to produce images of the internal structures and functions of the human body. These images are used by healthcare professionals to diagnose, monitor, and treat a variety of medical conditions. Increasing advancements in technology, shifting patient expectations, and evolving regulatory and reimbursement landscapes will stimulate its adoption and prove beneficial for the industry growth. Global medical imaging market is expected to witness over 5% CAGR in the coming years due to emergence of artificial intelligence (AI) in radiology.

To get key market trends

  Download Free Sample

Moreover, development of disease management services for early diagnosis and detection of various diseases such as cancer, cardiovascular diseases, etc. will trigger the demand for technologically advanced medical imaging services amongst healthcare professionals thereby, augmenting the business growth. In addition, strategic partnerships and collaborations are among the major strategies adopted by companies to strengthen their service portfolio and customer base along with gaining significant market share. Thus, all these factors, taken together, are projected to augment industry growth.