Rising Chronic Diseases and Early Diagnosis Demand Drive Growth in Imaging Devices Market | Top Companies are Siemens Healthineers AG, GE HealthCare, Koninklijke Philips N.V.

Diagnostic Imaging Devices Market reached US$ 33.7 billion in 2024 and is expected to reach US$ 52.6 billion by 2033, growing at a CAGR of 5.1% during the forecast period 2025-2033.

The Diagnostic Imaging Devices market encompasses equipment such as MRI, CT, X-ray, ultrasound, and PET scanners used for disease detection and monitoring. Growing prevalence of chronic diseases and demand for early diagnosis drive market growth. Innovations in high-resolution imaging, AI-assisted interpretation, and portable devices enhance capabilities. Healthcare infrastructure expansion and favorable reimbursement policies support adoption. Increasing demand for non-invasive diagnostic solutions further fuels market development.

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☛ Diagnostic Imaging Devices Market Recent Developments 2025:

United States: Recent Industry Developments

✅ In August 2025, Philips announced a USD 150 million investment to expand its Reedsville, PA, manufacturing facility, enhancing production of AI-enabled ultrasound systems for U.S. hospitals.

✅ In July 2025, GE HealthCare launched a new advanced digital X-ray system designed to improve access and efficiency in high-throughput clinical settings.

✅ In May 2025, Rad AI secured an additional $8 million in Series C funding, bringing its total to $68 million, to advance AI-driven diagnostic imaging solutions.

Japan: Recent Industry Developments

✅ In July 2025, Canon Medical Systems unveiled a new strategy to strengthen its presence in the Chinese healthcare market, aiming to expand its diagnostic imaging equipment footprint.

✅ In May 2025, AIRS Medical, a Korean startup, entered the Japanese market with its AI-based MRI image reconstruction software, reducing scanning time and enhancing image quality.

✅ In April 2025, Japan's medical device market was projected to reach $74.7 billion by 2025, growing at a CAGR of 4.6%, indicating strong investment opportunities in diagnostic imaging.

☛ Recent Innovations in Diagnostic Imaging Devices (2025):

✅ Artificial intelligence (AI) integration has matured, with deep learning algorithms achieving near radiologist-level accuracy in detecting strokes, cancers, and other conditions, while automating report generation and workflow prioritization to reduce diagnosis time.

✅ 4D imaging technologies are widely adopted, enabling real-time visualization of dynamic physiological processes such as blood flow and fetal movement, significantly improving cardiac, prenatal, and musculoskeletal diagnostics.

✅ Hybrid imaging systems like PET-MRI and spectral photon-counting CT (PCCT) provide simultaneous anatomical and metabolic data, enhancing diagnostic precision especially in oncology, and reducing repeat scans substantially.

✅ Portable and handheld imaging devices are expanding access to advanced diagnostics beyond hospitals, improving point-of-care imaging in emergency and remote settings with high-quality wireless transducers.

✅ Sustainability is a critical focus, with innovations such as helium-free MRI machines and energy-efficient imaging systems reducing environmental impact while maintaining high performance.

✅ Advanced coil technology with multi-channel arrays as well as AI-enabled image reconstruction reduce scan times by up to 75%, increase image resolution, and improve patient throughput.

☛ Diagnostic Imaging Devices Market Competitve Landscape:

Siemens Healthineers AG, GE HealthCare, Koninklijke Philips N.V., CANON MEDICAL SYSTEMS CORPORATION, FUJIFILM Holdings Corporation, Medtronic plc, Hologic, Inc., Abbott Laboratories, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Carestream Health.

Research Methodology

We follow a hybrid research approach, combining qualitative insights with rigorous quantitative analysis to deliver reliable and comprehensive market intelligence. Our process begins with extensive secondary research, drawing on trusted industry reports, proprietary databases, and credible market sources. This is then reinforced through targeted primary research, including structured surveys and in-depth interviews with industry leaders, subject matter experts, and key market participants.

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☛ Segment Covered in the Diagnostic Imaging Devices Market:

By Product Type, PET/CT Scanners, C-Arms, MRI Machines, Mammography Systems, Bone Densitometers, Others.

By Imaging Type, X-Ray Imaging, Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Ultrasound, Nuclear Imaging, Mammography, Others.

By Portability, Portable Devices, Handheld Devices, Stationary Equipments.

By Application, Cardiology, Oncology, Neurology, Orthopedics, Urology, Gastroenterology, Others.

By End-User, Hospitals, Diagnostic Centers, Specialty Clinics, Others.

☛ This Report Includes:

✔ Comprehensive go-to-market strategies with actionable insights.

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✔ Deep-dive analysis into development trends, competitive landscape, supply-demand dynamics, YoY growth, benchmarking, vendor mapping, market access, and overall progress.

✔ Tailored regional and country-level reports with detailed localized analysis available on request.

✔ Identification of niche segments and high-growth regions presenting strong opportunities.

✔ Accurate regional forecasts using both top-down and bottom-up approaches.

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☛ Regional Analysis for Diagnostic Imaging Devices Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

☛ Frequently asked questions:

➠ What is the global sales, production, consumption, import, and export value of the Diagnostic Imaging Devices Market?
➠ Who are the key global manufacturers, and what is their operational performance?
➠ What are the major opportunities and threats in the global Diagnostic Imaging Devices Market?
➠ Which product types or end-users show the most growth potential and market share?
➠ What challenges and constraints are impacting the Diagnostic Imaging Devices Market?
➠ What sales, marketing, and distribution channels are used globally?

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