Medical Imaging Information Market: By Service Type, By Application, Computed Tomography, Digital Radiography, Nuclear Imaging, X-ray, Ultrasound, Mammography. Others), By Deployment Mode, By End-User, and Geography
Medical Imaging Information Market was valued at US$ 36.2 billion in 2023 and is poised to grow at a compound annual growth rate (CAGR) of 5.1% from 2024-2030. Medical Imaging system also known as imaging information is used to transfer the medical images throughout the healthcare system. Medical imaging is carried to reveal the internal organ functions of the body as well as to diagnose the disease. Most commonly used medical imaging systems are X-ray, Magnetic Resonance Imaging (MRI), Computed Tomography (CT), ultrasonography, and endoscopy among others.
This imaging information is transferred by using software to provide better treatment for the disease. Increase in the prevalence of chronic diseases such as neurological disorders leads to rise in number of diagnostic imaging procedures, development in imaging procedures, advanced and innovative applications of medical imaging software, and reduce in the cost of storage platforms are anticipated to fuel the market. Moreover, increase in storage of medical information, rise in preference for better treatment, and technological advancements in transferring of images are expected to boost the medical imaging information market. However, security issues with data storage, lack of skilled professionals, and high cost for initial investments are expected to impede the growth of market. The increased demand for early-stage diagnosis of chronic disease and the ageing demographics, which are predicted to boost demand for diagnostic imaging around the world, are two major reasons driving the business. Technological developments, together with government investments and funding, are likely to contribute, particularly in developing countries like India and China.
Study Period
2024-2030Base Year
2023CAGR
5.1%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Medical imaging information market is growing due to increase in the demand for better treatment for the diseases. Rise in the number of diagnostic procedures and technological advancements in the data storage also expected to propel the medical imaging information market. Moreover, acquisitions and mergers, collaborations, and launching of newer platforms for data storage are the strategies followed by the market players for increasing their revenue share in medical imaging market. For instance, in July 2017, Royal Philips acquired TomTec imaging systems GmbH to strengthen its ultrasound business. Moreover, in November 2015, Dell inked an agreement with Zebra Medical Vision to develop medical imaging platform that integrates clinical data into user-defined dashboards.
Geographically, global medical imaging information market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America medical imaging information market is driven by presence of huge number of medical imaging market players and technological advancements in the data storage. Europe medical imaging information market has a significant share, which is attributed to presence of skilled professionals, adoption of newer technologies, and collaboration between the companies for development of newer imaging platforms. Asia Pacific medical imaging information market expected to exhibit significant growth owing to increase in medical tourism in Asia Pacific region, and expansion of business by market players into the region. For instance, in July 2014, Toshiba Medical Systems Corporation established diagnostic imaging systems manufacturing base in Malaysia. Latin America medical imaging information market has a lucrative growth opportunities due to increase in the number of medical imaging procedures, increase in the preference for better treatment, and launching of newer platforms by market players in the region. Middle East and Africa medical imaging market is poised to grow at significant rate owing to adoption of newer technologies by the healthcare providers.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 36.2 billion |
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Market CAGR |
5.1% |
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By Service Type |
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By Application |
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By Deployment Mode |
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By End-User |
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By Region |
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The global medical imaging information market size was valued at US$ 36.2 billion in 2023 and is projected to grow at a CAGR of 5.1% from 2024-2030.
The Medical imaging information market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Medical imaging information market key players are General Electric Company (U.S.), Koninklijke Philips N.V. (Netherlands), Lexmark International Inc. (U.S.), Esaote SpA (Italy), Siemens AG (Germany), Carestream Health, Inc. (U.S.), Dell Inc. (U.S.), Agfa-Gevaert N.V. (Belgium), Toshiba Corporation (Japan), McKesson Corporation (U.S.)
| 1.Executive Summary |
| 2.Global Medical Imaging Information Market Introduction |
| 2.1.Global Medical Imaging Information Market - Taxonomy |
| 2.2.Global Medical Imaging Information Market - Definitions |
| 2.2.1.Service Type |
| 2.2.2.Application |
| 2.2.3.Deployment Mode |
| 2.2.4.End-User |
| 2.2.5.Region |
| 3.Global Medical Imaging Information Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Medical Imaging Information Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Medical Imaging Information Market By Service Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Hardware |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Software |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Medical Imaging Information Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Magnetic Resonance Imaging (MRI) |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Computed Tomography (CT) |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Digital Radiography |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Nuclear Imaging |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. X-ray |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Ultrasound |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Mammography |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Others |
| 6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 7.Global Medical Imaging Information Market By Deployment Mode, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Cloud-Based |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Web-Based |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. On-Premise |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8.Global Medical Imaging Information Market By End-User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Hospitals |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Diagnostic Centers |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Ambulatory Surgical Centers |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.Global Medical Imaging Information Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Medical Imaging Information Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Service Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Hardware |
| 10.1.2.Software |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Magnetic Resonance Imaging (MRI) |
| 10.2.2.Computed Tomography (CT) |
| 10.2.3.Digital Radiography |
| 10.2.4.Nuclear Imaging |
| 10.2.5.X-ray |
| 10.2.6.Ultrasound |
| 10.2.7.Mammography |
| 10.2.8.Others |
| 10.3. Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Cloud-Based |
| 10.3.2.Web-Based |
| 10.3.3.On-Premise |
| 10.4. End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Hospitals |
| 10.4.2.Diagnostic Centers |
| 10.4.3.Ambulatory Surgical Centers |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Medical Imaging Information Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Hardware |
| 11.1.2.Software |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Magnetic Resonance Imaging (MRI) |
| 11.2.2.Computed Tomography (CT) |
| 11.2.3.Digital Radiography |
| 11.2.4.Nuclear Imaging |
| 11.2.5.X-ray |
| 11.2.6.Ultrasound |
| 11.2.7.Mammography |
| 11.2.8.Others |
| 11.3. Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Cloud-Based |
| 11.3.2.Web-Based |
| 11.3.3.On-Premise |
| 11.4. End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Hospitals |
| 11.4.2.Diagnostic Centers |
| 11.4.3.Ambulatory Surgical Centers |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 12.Asia Pacific (APAC) Medical Imaging Information Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Hardware |
| 12.1.2.Software |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Magnetic Resonance Imaging (MRI) |
| 12.2.2.Computed Tomography (CT) |
| 12.2.3.Digital Radiography |
| 12.2.4.Nuclear Imaging |
| 12.2.5.X-ray |
| 12.2.6.Ultrasound |
| 12.2.7.Mammography |
| 12.2.8.Others |
| 12.3. Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Cloud-Based |
| 12.3.2.Web-Based |
| 12.3.3.On-Premise |
| 12.4. End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Hospitals |
| 12.4.2.Diagnostic Centers |
| 12.4.3.Ambulatory Surgical Centers |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Medical Imaging Information Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Hardware |
| 13.1.2.Software |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Magnetic Resonance Imaging (MRI) |
| 13.2.2.Computed Tomography (CT) |
| 13.2.3.Digital Radiography |
| 13.2.4.Nuclear Imaging |
| 13.2.5.X-ray |
| 13.2.6.Ultrasound |
| 13.2.7.Mammography |
| 13.2.8.Others |
| 13.3. Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Cloud-Based |
| 13.3.2.Web-Based |
| 13.3.3.On-Premise |
| 13.4. End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Hospitals |
| 13.4.2.Diagnostic Centers |
| 13.4.3.Ambulatory Surgical Centers |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Medical Imaging Information Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Hardware |
| 14.1.2.Software |
| 14.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Magnetic Resonance Imaging (MRI) |
| 14.2.2.Computed Tomography (CT) |
| 14.2.3.Digital Radiography |
| 14.2.4.Nuclear Imaging |
| 14.2.5.X-ray |
| 14.2.6.Ultrasound |
| 14.2.7.Mammography |
| 14.2.8.Others |
| 14.3. Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Cloud-Based |
| 14.3.2.Web-Based |
| 14.3.3.On-Premise |
| 14.4. End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Hospitals |
| 14.4.2.Diagnostic Centers |
| 14.4.3.Ambulatory Surgical Centers |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.General Electric Company (U.S.) |
| 15.2.2.Koninklijke Philips N.V. (Netherlands) |
| 15.2.3.Lexmark International Inc. (U.S.) |
| 15.2.4.Esaote SpA (Italy) |
| 15.2.5.Siemens AG (Germany) |
| 15.2.6.Carestream Health, Inc. (U.S.) |
| 15.2.7.Dell Inc. (U.S.) |
| 15.2.8.Agfa-Gevaert N.V. (Belgium) |
| 15.2.9.Toshiba Corporation (Japan) |
| 15.2.10.McKesson Corporation (U.S.) |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.
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