Medical Imaging Services Market Size

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.

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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.