Diagnostic Imaging Market worth $33.5 billion by 2024
The report The report "Diagnostic Imaging Market by Product (MRI (Open, Closed), Ultrasound (2D, 3D/4D, Doppler), CT, X-Ray (Digital, Analog), SPECT, Hybrid PET, Mammography), Application (OB/Gyn, Cardiology, Oncology), End User (Hospitals, Imaging Centers) - Forecast to 2024", is projected to reach USD 33.5 billion by 2024 from USD 25.7 billion in 2019, at a CAGR of 5.5%. Rapidly growing geriatric population and the subsequent increase in the prevalence of associated diseases, increasing demand for early disease diagnosis and widening scope of clinical applications, technological advancements in diagnostic imaging modalities, and increasing investments, funds, and grants by public-private organizations are some of the major factors driving the growth of this market.

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• 118 market data Tables
• 61 Figures
• 246 Pages and in-depth TOC on "Diagnostic Imaging Market - Global Forecast to 2024"

Some of the prominent key players are:
GE Healthcare (US)
Siemens Healthineers (Germany)
Koninklijke Philips N.V. (Netherlands)
Agfa-Gevaert N.V. (Belgium)
Canon Medical Systems Corporation (Japan) and many more...
The MRI systems segment accounted for the largest share of the diagnostic imaging market, by product, in 2018

Based on product, the diagnostic imaging market is broadly segmented into six segments—X-ray imaging systems, CT scanners, ultrasound imaging systems, MRI systems, nuclear imaging systems, and mammography systems. The MRI systems segment held the largest share of the global diagnostic imaging market in 2018. The high growth of this product segment can be attributed to the growing demand for early and accurate diagnosis, high adoption of MRI systems by hospitals and diagnostic centers across the globe, and advances in technology.

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North America accounted for the largest share of the diagnostic imaging market in 2018

On the basis of region, the diagnostic imaging market is segmented into North America, Europe, Asia Pacific, and Rest of the world. North America accounted for the largest share of the diagnostic imaging market in 2018, followed by the Asia Pacific region. Growth in the North American diagnostic imaging market is mainly due to the rising geriatric population and associated diseases, easy accessibility to diagnostic imaging modalities, and high adoption of technological advancements (owing to the significant per capita annual healthcare expenditure by the US government).

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