USD 7.55 Bn growth in Diagnostic Imaging Market | Driven by Increasing Prevalence of Chronic Conditions | Technavio

NEW YORK, Nov. 17, 2021 /PRNewswire/ — The diagnostic imaging market size is expected to increase by USD 7.55 billion…

NEW YORK, Nov. 17, 2021 /PRNewswire/ — The diagnostic imaging market size is expected to increase by USD 7.55 billion from 2020 to 2025, registering a CAGR of almost 6%, according to the latest research report from Technavio.

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The diagnostic imaging market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size.

The diagnostic imaging market covers the following areas:

Diagnostic Imaging Market Sizing

Diagnostic Imaging Market Forecast

Diagnostic Imaging Market Analysis

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of chronic conditions. Also, this study identifies technological advancements and upgrades in diagnostic imaging modalities as one of the prime reasons driving the diagnostic imaging market growth during the next few years.

The diagnostic imaging market analysis includes the product segment and geographic landscape. By product, the X-ray segment generated maximum revenue in the market in 2020. The market growth in the segment will be significant during the forecast period. In terms of geography, North America is expected to offer significant growth opportunities for market players. The region currently holds 42% of the global market share. The US is the key market for diagnostic imaging in North America.

This report presents a detailed picture of the diagnostic imaging market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

Companies Mentioned

  • Carestream Health Inc.
  • Cobham Plc
  • Elbit Systems Ltd.
  • Esaote SpA
  • FUJIFILM Holdings Corp.
  • Hitachi Ltd.
  • Northrop Grumman Corp.
  • Shimadzu Corp.
  • Siemens Healthineers AG
  • Thales Group

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Global Healthcare Hyperspectral Imaging Systems Market
 – Global healthcare hyperspectral imaging systems market is segmented by product (healthcare HSI cameras and accessories) and geography (North America, Europe, Asia, and ROW).

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Global Medical Imaging Market – Global medical imaging market is segmented by product (x-ray imaging, ultrasound imaging, MRI, CT scanner imaging, and SPECT/PET imaging) and geography (North America, Europe, Asia, and ROW).

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Diagnostic Imaging Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of almost 6%

Market growth 2021-2025

USD 7.55 billion

Market structure


YoY growth (%)


Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 42%

Key consumer countries

US, Germany, Japan, UK, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Carestream Health Inc., Cobham Plc, Elbit Systems Ltd., Esaote SpA, FUJIFILM Holdings Corp., Hitachi Ltd., Northrop Grumman Corp., Shimadzu Corp., Siemens Healthineers AG, and Thales Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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