Press release
Diagnostic Imaging Services Market Size, Share & CAGR 5.10% to 2034
What Is Driving the Global Surge in the Diagnostic Imaging Services Market?The diagnostic imaging services market reached a value of USD 600.40 billion in 2024 and is projected to grow at a CAGR of 5.10% during the forecast period of 2025-2034, eventually reaching USD 987.34 billion by 2034. The market is expanding due to the increasing global demand for non-invasive and precise diagnostic procedures, improved access to imaging technologies, and the rising burden of chronic diseases such as cardiovascular conditions, cancer, and neurological disorders.
As populations age and healthcare systems transition toward early detection and preventive care models, imaging plays a central role in streamlining diagnostics, guiding treatment, and improving patient outcomes.
Global Diagnostic Imaging Services Market Overview
Diagnostic imaging services are vital in modern healthcare, offering detailed visual representations of internal organs, tissues, and systems. These services are crucial in disease detection, staging, treatment planning, and monitoring response to therapy. As imaging technologies evolve-through AI integration, cloud storage, and portable devices-providers are able to deliver faster, more accurate results to patients across multiple care settings.
The push toward digitization in radiology, the expansion of telehealth-enabled diagnostics, and increasing public-private investment in radiology infrastructure-especially in emerging economies-are collectively reshaping the global landscape.
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Diagnostic Imaging Services Market Size and Forecast (2025-2034)
The market's projected growth from USD 600.40 billion in 2024 to USD 987.34 billion by 2034 reflects the increasing use of imaging in both routine and specialized medical care. Contributing factors include:
Aging global population and the associated rise in degenerative diseases
Greater availability of ambulatory surgical centres equipped with diagnostic imaging tools
Rising investments in AI-based imaging platforms
Growing demand for point-of-care ultrasound and mobile imaging units
Expansion of diagnostic imaging centres in rural and suburban areas
Market Segmentation
By Type
X-ray
Still the most widely used imaging technique, X-ray remains the go-to for skeletal imaging, chest scans, and basic diagnostic applications. The adoption of digital X-ray systems has improved image quality and turnaround time.
Magnetic Resonance Imaging (MRI)
MRI systems are essential for high-resolution, non-ionizing scans of soft tissues, making them ideal for neurology and spine disorders, oncology, and orthopaedic imaging. Innovations in functional MRI and portable systems are expanding MRI usage.
Ultrasound
Favored for being safe, cost-effective, and non-invasive, ultrasound is widely used in gynecology/obstetrics, cardiology, and general screening. New developments in 3D/4D imaging are enhancing diagnostic accuracy.
Computed Tomography (CT)
CT scans offer cross-sectional imaging and are key for diagnosing conditions in cardiology, oncology, and trauma care. The rise in low-dose CT protocols is improving patient safety.
Nuclear Imaging
This segment includes PET and SPECT scans, primarily used for oncology, neurology, and cardiac imaging. The demand for hybrid imaging techniques like PET-CT and SPECT-CT is rising as clinicians seek more comprehensive data.
Others
Includes mammography, elastography, and emerging modalities like optical coherence tomography, gaining ground in niche applications.
By Application
Cardiology
Cardiovascular imaging continues to grow due to the rising prevalence of heart disease. CT angiography, nuclear cardiac imaging, and echocardiography are widely used for early diagnosis and risk stratification.
Gynecology/Obstetrics
Ultrasound dominates in this segment for fetal monitoring and reproductive health diagnostics. 3D imaging is improving structural assessment of organs and early detection of anomalies.
Orthopaedics and Musculoskeletal
X-rays, MRI, and ultrasound are key tools in diagnosing fractures, arthritis, tendon injuries, and joint degeneration. This segment is witnessing increased adoption in outpatient centres.
Oncology
Imaging is crucial for cancer detection, staging, and treatment monitoring. CT, MRI, and PET scans are central tools, with AI assisting in tumor mapping and precision diagnosis.
Neurology and Spine
MRI and CT scans play a major role in diagnosing strokes, brain tumors, spinal disc issues, and multiple sclerosis. Functional imaging and diffusion tensor imaging are becoming more mainstream.
General Imaging
Covers routine procedures including chest X-rays, abdominal scans, and wellness checkups. This segment serves the largest patient volume and is growing with the rise in preventive health programs.
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By End Use
Hospitals
Hospitals remain the largest users of diagnostic imaging services due to their ability to manage high patient volumes and complex cases. They also benefit from multidisciplinary care integration and access to radiology departments.
Diagnostic Imaging Centres
These centres are expanding rapidly, especially in urban and suburban areas, offering dedicated imaging services with faster turnaround times and walk-in appointments.
Ambulatory Surgical Centres (ASCs)
ASCs are becoming equipped with diagnostic tools for pre-operative assessments and post-operative monitoring. Their growing popularity is tied to cost-effectiveness and reduced waiting times.
Others
Includes academic institutions, mobile imaging units, and specialized clinics focusing on particular conditions such as neurology, cardiology, or sports medicine.
By Region
North America
Dominates the global market, thanks to advanced healthcare infrastructure, high imaging utilization rates, and early adoption of AI and digital health tools. The U.S. leads in terms of per capita imaging procedures and access to PET, MRI, and CT technologies.
Europe
Countries like Germany, the UK, and France are investing in advanced modalities and radiology workforce expansion. Efforts toward harmonized health records and teleradiology support regional growth.
Asia Pacific
Rapid urbanization, rising middle-class populations, and growing healthcare investments in India, China, and Southeast Asia are boosting market expansion. The need for affordable and scalable imaging solutions is prompting innovation.
Latin America
Brazil and Mexico lead regional growth, with public-private partnerships driving investment in imaging infrastructure. Diagnostic imaging centres are increasing in number to meet demand.
Middle East and Africa
The region is improving its imaging capacity through government-led initiatives and foreign investment in diagnostic services. Efforts to bring radiology to underserved areas are driving mobile imaging unit deployment.
Leading Companies in the Diagnostic Imaging Services Market
Several companies are reshaping the global imaging services market through technological innovation, network expansion, and patient-focused care delivery:
RadNet, Inc. (NASDAQ: RDNT) - One of the largest outpatient imaging networks in the U.S., RadNet focuses on advanced diagnostic and teleradiology services.
MedQuest Associates, Inc. - Operates imaging centres across the U.S. offering MRI, CT, ultrasound, and more, with emphasis on outpatient accessibility.
Hitachi, Ltd. - Provides diagnostic imaging systems with a focus on sustainability, efficiency, and innovation in MRI and ultrasound.
Shimadzu Corporation - Known for X-ray systems and advancements in AI-enhanced diagnostic workflows.
Koninklijke Philips N.V. - A leader in integrating imaging solutions with digital health tools, AI-based analysis, and remote diagnostics.
RAYUS Radiology - Offers personalized imaging care with a large network of facilities across North America, specializing in MRI, CT, and pain management imaging.
These companies are enhancing patient access, reducing scan-to-report time, and enabling integrated care through cloud-based imaging platforms and AI-supported diagnostics.
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