Medical Imaging Services Market – By Modality, By End Use, Global Forecast, 2025 to 2034

Medical Imaging Services Market Size

The global medical imaging services market size was valued at around USD 648.9 billion in 2024 and is estimated to grow at 5.2% CAGR from 2025 to 2034. The increasing disease burden and rapidly growing geriatric population are driving market growth.
 

The rising disease burden and growth of the global geriatric population are driving the expansion of the market. Age is a key risk factor for many chronic conditions, increasing the demand for medical imaging to diagnose and manage illnesses. The World Health Organization (WHO) reports that non-communicable diseases (NCDs) like cardiovascular diseases, cancers, and diabetes account for over 70% of global deaths annually. Imaging modalities such as MRI, CT scans, and ultrasound are essential for early detection and monitoring of these diseases, leading to better treatment outcomes.
 

According to the United Nations, people aged 65 and older make up about 9% of the global population, and this percentage is expected to rise. The increasing prevalence of age-related conditions, such as arthritis, osteoporosis, and Alzheimer's disease, drives the demand for imaging services that aid in diagnosis and ongoing care. This demographic shift shows the important role of medical imaging in meeting healthcare needs for aging populations, driving market growth.
 

Medical imaging services include various imaging technologies such as X-rays, magnetic resonance imaging (MRI), computed tomography (CT), ultrasound, mammography, and nuclear medicine to produce images of the internal structures and functions of the human body. Healthcare professionals use these images to diagnose, monitor, and treat medical conditions.
 

Medical Imaging Services Market Trends

Medical imaging technology has experienced significant advancements in recent years.
 

• Artificial intelligence (AI) has transformed medical imaging by enabling accurate and efficient image analysis. AI algorithms assist in image interpretation, automated diagnosis, and detection of abnormalities. These systems improve image quality, reduce radiation exposure, and enhance reconstruction techniques, driving the growth of medical imaging services.
   
• The advancement from 2D imaging to three-dimensional (3D) and four-dimensional (4D) imaging has improved diagnostic capabilities. 3D imaging provides detailed views of anatomical structures, enabling better visualization and assessment of abnormalities.
   

Medical Imaging Services Market Analysis

Based on modality, the market is segmented into X-ray imaging, MRI, ultrasound, computed tomography, nuclear imaging, and mammography. In 2024, the X-ray imaging segment led the market, generating revenue of USD 211.5 billion.
 

• X-rays are essential for initial diagnosis and monitoring of various conditions, particularly bone fractures, dental examinations, and chest imaging for lung diseases. The lower cost of X-ray technology makes it accessible across healthcare settings, from major hospitals to small clinics and rural facilities, driving widespread adoption.
   
• X-ray imaging is vital in emergency settings where quick diagnosis is essential. Digital X-ray systems have improved image quality, reduced radiation exposure, and increased processing speeds. These factors, along with the modality's accessibility and cost-effectiveness, maintain X-ray imaging's position as the leading segment in the market.
   

By end use, the medical imaging services market is divided into hospitals, diagnostic centers, clinics, and ambulatory surgical centers. The hospitals segment dominated the market in 2024 with a 45.7% market share.
 

• Hospitals are equipped with imaging technologies, including X-rays, MRI systems, CT scanners, and nuclear imaging devices for diagnosing medical conditions. These facilities handle critical and complex cases that need immediate imaging, such as emergency trauma, complex surgeries, and inpatient care, making hospitals the primary choice for imaging needs.
   
• Hospitals also receive significant investments to upgrade their imaging technologies, helping them provide quality services and maintain accurate diagnostic capabilities. The high patient volume and insurance reimbursement benefits in hospital settings further strengthen their dominant position in the market.
   

In 2024, the U.S. led the North American medical imaging services market, generating revenue of USD 216.9 billion. This high revenue share is due to significant healthcare expenditure, supportive government initiatives, and rising disease awareness.
 

• The regulatory authorities' implementation of favorable laws and policies benefits companies operating in the market. The growing elderly population and increased awareness of medical imaging services will drive regional growth during the forecast period.
   
• The presence of established market participants and a favorable regulatory environment enables product approvals and launches, supporting market expansion in the U.S.
   

Between 2025 and 2034, the Asia Pacific medical imaging services market is set for significant growth.
 

• Healthcare infrastructure development in China and India has improved access to advanced imaging technologies. Government investments in diagnostic capabilities have increased the demand for imaging services. The region is expanding both urban and rural healthcare facilities to serve its large population.
   
• In Asia Pacific, chronic diseases account for a large portion of healthcare needs, and advanced imaging is essential for diagnosis, monitoring, and treatment. This drives the adoption of imaging services in primary and specialized healthcare facilities.
   

The UK is poised for substantial growth in the global medical imaging services market.
 

• The National Health Service (NHS) has made diagnostic services a priority to reduce waiting times and improve patient outcomes. Recent initiatives focus on increasing CT and MRI scanner availability to meet high demand.
   
• There is a growing need for diagnostic services to manage age-related health issues like arthritis, cardiovascular conditions, and cancers. The elderly population relies heavily on medical imaging for accurate diagnosis, driving growth in the imaging services sector.
   

Japan is set to experience notable growth in its medical imaging services market during the forecast period.
 

• Japan leads in medical technology, with hospitals and clinics using advanced imaging equipment. Healthcare providers quickly adopt high-resolution MRI and CT scanners, improving diagnostic accuracy and market growth.
   
• The Japanese government supports high healthcare standards, including accessible diagnostic services. Healthcare policies promote comprehensive diagnostic care, making medical imaging crucial, especially for early and preventive diagnostics among the elderly population.
   

Medical Imaging Services Market Share

The market is competitive due to increasing demand for accurate, real-time diagnostics. While established providers dominate the market, specialized imaging centers are growing by offering advanced interoperability and targeted diagnostic services, especially in North America. AI-powered image analysis and automated reporting systems are becoming key differentiators by enabling faster and more accurate diagnoses. Partnerships between imaging service providers, healthcare facilities, and technology companies are creating integrated imaging solutions. Market success depends on technological advancement and compliance with regulatory standards to meet diagnostic needs and maintain quality patient care.
 

Medical Imaging Services Market Companies

Prominent players operating in the medical imaging services industry include:

• Akumin
• Alliance Medical (Life Healthcare Group)
• Capitol Health
• Carlisle Health
• Circle Health Group
• HCA International
• I-MED Radiology Network
• Integral Diagnostics
• Medica Group
• Nuffield Health
• Qscan Group Holdings
• Qure.ai
• RadNet
• Ramsay Health Care
• RAYUS Radiology
• Sonic Healthcare
• Spire Healthcare Group
• The Royal Marsden
• Vista Health
   

Medical Imaging Services Industry News:

• In August 2022, Life Healthcare acquired the non-clinical imaging operations of Eugene Marais Radiology at Life Eugene Marais Hospital in Pretoria, expanding its portfolio across Southern African operations.
   
• In September 2022, Carlisle Health Pty Ltd acquired Bundaberg Radiology Group (BR Radiology Group), which provides diagnostic and imaging services across multiple locations in Queensland. This acquisition marked Carlisle Health's entry into the Australian medical imaging market and strengthened its market position.
   

Medical imaging services market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2021 – 2034 for the following segments:

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Market, By Modality  

• X-ray imaging
• MRI
• Ultrasound
• Computed tomography
• Nuclear imaging
• Mammography

Market, By End Use    

• Hospitals
• Diagnostic centers
• Clinics
• Ambulatory surgical centers

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada 
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Switzerland
  • Netherlands
  • Poland
  • Denmark
  • Sweden
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • New Zealand
  • Indonesia
  • Thailand
  • Vietnam
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Iran