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Diagnostic Imaging Services Market Size

  • Report ID: GMI9811
  • Published Date: Jun 2024
  • Report Format: PDF

Diagnostic Imaging Services Market Size

DiagnosticI maging Services Market size was valued at around USD 530.7 billion in 2023 and is estimated to grow at 4.9% CAGR from 2024 to 2032. Diagnostic imaging services are medical procedures that involve the use of imaging technologies to produce visual representations of the internal aspects of a patient's body. These services are essential for identifying abnormalities, planning treatment, and monitoring the progress of diseases.

 

A primary driver is the rising prevalence of chronic diseases such as cancer, cardiovascular diseases, and neurological disorders, which require accurate and early diagnosis for effective management. Technological advancements in imaging modalities, such as the development of AI in medical imaging, which was valued at USD 1.4 billion in 2022, high-resolution MRI, 3D mammography, and advanced ultrasound techniques, have enhanced diagnostic accuracy and expanded the applications of imaging services. Government initiatives and funding for healthcare infrastructure, coupled with the growing awareness of the importance of early diagnosis and preventive healthcare, further bolster the market.
 

Furthermore, the integration of artificial intelligence and machine learning in imaging systems is also transforming the market by improving image analysis, reducing diagnostic errors, and streamlining workflow efficiency. Collectively, these drivers are propelling the expansion and evolution of the market, making advanced imaging accessible to a broader patient population, and enhancing overall healthcare outcomes.
 

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The market size for diagnostic imaging services was valued at USD 530.7 billion in 2023 and is estimated to grow at 4.9% CAGR from 2024 to 2032, driven by the rising prevalence of chronic diseases, such as cancer, cardiovascular diseases, and neurological disorders.

The x-ray segment of the diagnostic imaging services market recorded USD 170.1 billion in 2023 and will expand rapidly through 2032, owing to the increasing incidence of chronic diseases and age-related conditions.

North America market is forecasted to reach USD 373.1 billion by 2032, propelled by rapidly aging population and technological advancements.

The Brigham and Women's Hospital, Inc, Cedars-Sinai Medical Center, The Cleveland Clinic Foundation, Duke University Health System, Inc, The Methodist Hospital, The Johns Hopkins Health System Corporation, The General Hospital Corporation, and Mayo Clinic among others.

Diagnostic Imaging Services Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 294
  • Countries covered: 23
  • Pages: 220
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