Medical Digital Imaging Systems Market Size - By Type (MRI, X-ray, Ultrasound, CT, Mammography, Nuclear Imaging), By Technology (2D, 3D/4D), By End-use – Global Forecast 2023-2032

Medical Digital Imaging Systems Market Size - By Type (MRI, X-ray, Ultrasound, CT, Mammography, Nuclear Imaging), By Technology (2D, 3D/4D), By End-use – Global Forecast 2023-2032

Medical Digital Imaging Systems Market Size

Medical Digital Imaging Systems Market size was valued at USD 16.2 billion in 2022 and is estimated to account for USD 33.8 billion by 2032. Medical digital imaging systems refer to modern medical imaging technologies and devices that capture, store, manipulate, and display high-quality digital images of internal structures, organs, and tissues to aid in the diagnosis, treatment planning, and monitoring of diseases and conditions of the human body.
 

In the field of medicine, medical digital imaging systems have considerably increased diagnostic capabilities, workflow efficiency, and patient care. These systems have become a vital part of present-day healthcare, allowing doctors to make more precise diagnoses and treatment decisions, thereby increasing the demand, and stimulating overall market growth.
 

Furthermore, the burden of chronic disorders is on the rise across the globe. Medical imaging modalities play a vital role in the precise diagnosis of chronic conditions. For instance, according to the World Health Organization (WHO), chronic disorders are responsible for approximately 41 million deaths annually, equivalent to 74% of all deaths globally, with 17 million deaths occurring prematurely (before the age of 70). Similarly, according to the National Cancer Institute, the total number of people suffering from breast cancer in 2021 accounted for around 284,200 new cases in the U.S.
 

COVID-19 Impact

The COVID-19 pandemic had a significant impact on the medical digital imaging systems market. The COVID-19 pandemic increased need for chest imaging, particularly chest X-rays and CT scans. However, the pandemic disrupted global supply chains, which led to shortages of medical products, including medical digital imaging systems. This caused price fluctuations and delayed delivery times, which impacted the availability of these products in some regions. Due to the COVID-19 pandemic, there was an increased adoption of telemedicine, remote patient monitoring devices and other remote healthcare services.
 

Medical Digital Imaging Systems Market Trends

Continuous technological advancements in medical digital imaging modalities will act as a major driver for the industry. The development of advanced visualization capabilities such as multiplanar reconstruction, 3D rendering, and virtual reality has increased the adoption rate of medical digital imaging systems as they allow superior visualization and comprehension of complicated anatomical structures. Furthermore, incorporating AI-based technology into digital imaging systems improves image processing, automates processes, increases diagnostic accuracy, and helps radiologists make more accurate judgments.
 

Medical Digital Imaging Systems Market Analysis

Based on type, the medical digital imaging systems market is segmented into MRI, x-ray, ultrasound, CT, mammography and nuclear imaging. The MRI segment held the largest revenue size over USD 5 billion in 2022. The rising prevalence of chronic diseases such as cancer, cardiovascular disorders, and neurological conditions is driving the demand for MRI imaging. MRI provides detailed and accurate images of soft tissues, making it a valuable tool for diagnosing and monitoring these conditions.
 

Moreover, ongoing advancements in MRI technology including higher magnetic field strengths, improved image resolution, faster scanning techniques, and enhanced software algorithms, are anticipated to boost the adoption of MRI systems. Also, the integration of AI algorithms with MRI imaging is an emerging trend in the medical digital imaging market. AI can assist radiologists in analyzing and interpreting MRI images, improving accuracy, efficiency, and diagnostic outcomes. AI algorithms can also enable faster image reconstruction and enhance image quality, further improving the utility of MRI.
 

Based on technology, the medical digital imaging systems market is bifurcated into 2D and 3D/4D. Further, 2D segment is subdivided into BnW and color. The 3D/4D segment accounted for over 76% revenue share in the year 2022. Advances in 3D/4D imaging technologies provide precise and efficient real-time depictions of the human body, reducing distortion for patients that has led to their increased adoption. Moreover, 4D imaging combines 3D and real-time movement.
 

The medical digital imaging systems market is segmented by end-use into hospitals, diagnostic centers, specialty centers and others. Hospitals segment is estimated to witness lucrative growth at 7.7% CAGR by 2032. High segment growth can be attributable to growing number of people suffering from chronic diseases across developing countries and rising awareness about disease diagnostics and prevention. Further, increasing disposable income and favorable reimbursement policies in developed nations will contribute considerably towards the adoption of medical digital imaging systems in hospitals.
 

U.S. medical digital imaging systems market accounted for USD 6.8 billion in revenue size in 2022. The use of medical digital imaging technology is growing rapidly due to its non-invasive nature and ability to produce real-time images. This has led to an increased demand for medical digital imaging systems in the U.S. Also, high adoption of innovative technologies and upgraded healthcare infrastructure, as well as high purchasing power and a favorable reimbursement framework will stimulate the potential for the U.S. industry expansion by 2032.
 

Medical Digital Imaging Systems Market Share

Some of the prominent medical digital imaging systems market participants operating in the medical digital imaging systems industry include

• Koninklijke Philips N.V.
• GE Healthcare
• Siemens Healthineers
• Esaote SPA
• Capsa Healthcare
• Hologic Inc.
• Hitachi Ltd.
• Shimadzu Corporation
• Carestream Healthcare
• Agilent Technologies Inc
   

Medical Digital Imaging Systems Industry News

• In November 2022, Hitachi announced the acquisition of Canon Medical equipment, a global leader in diagnostic imaging equipment. This acquisition enabled Hitachi to broaden its medical imaging technology portfolio and gain better access to the worldwide healthcare sector.
   
• In July 2022, Siemens Healthineers launched the Mobilett Impact (portable X-ray system). The system combines full digital integration, a low cost, and all of the benefits of mobile X-ray imaging at the patient's bedside. This product launch enhanced product offerings and offered competitive edge to the firm in a significant market.
   

Medical digital imaging systems market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments

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By Type (USD Million & Units)

• MRI
• X-ray
• Ultrasound
• CT
• Mammography
• Nuclear imaging

By Technology (USD Million)

• 2D
  • BnW
  • Color
• 3D/4D

By End-use (USD Million)

• Hospitals
• Diagnostic centers
• Specialty centers
• Others

The above information is provided for the following regions and countries

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