- Hardware
- Software
Medical Imaging Information Market size was valued at USD 16.2 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.1% from 2023-2029. Medical Imaging system also known as imaging information is used to transfer the medical images throughout the healthcare system. Medical imaging is carried to reveal the internal organ functions of the body as well as to diagnose the disease. Most commonly used medical imaging systems are X-ray, Magnetic Resonance Imaging (MRI), Computed Tomography (CT), ultrasonography, and endoscopy among others.
This imaging information is transferred by using software to provide better treatment for the disease. Increase in the prevalence of chronic diseases such as neurological disorders leads to rise in number of diagnostic imaging procedures, development in imaging procedures, advanced and innovative applications of medical imaging software, and reduce in the cost of storage platforms are anticipated to fuel the market. Moreover, increase in storage of medical information, rise in preference for better treatment, and technological advancements in transferring of images are expected to boost the medical imaging information market. However, security issues with data storage, lack of skilled professionals, and high cost for initial investments are expected to impede the growth of market. The increased demand for early-stage diagnosis of chronic disease and the ageing demographics, which are predicted to boost demand for diagnostic imaging around the world, are two major reasons driving the business. Technological developments, together with government investments and funding, are likely to contribute, particularly in developing countries like India and China.
Medical Imaging Information Market Summary
Study Period
2023-29
Base Year
2022
CAGR
5.1%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Medical Imaging Information Market Dynamics
Medical imaging information market is growing due to increase in the demand for better treatment for the diseases. Rise in the number of diagnostic procedures and technological advancements in the data storage also expected to propel the medical imaging information market. Moreover, acquisitions and mergers, collaborations, and launching of newer platforms for data storage are the strategies followed by the market players for increasing their revenue share in medical imaging market. For instance, in July 2017, Royal Philips acquired TomTec imaging systems GmbH to strengthen its ultrasound business. Moreover, in November 2015, Dell inked an agreement with Zebra Medical Vision to develop medical imaging platform that integrates clinical data into user-defined dashboards.
North-America Got Significant Share
Medical Imaging Information Market Regional Analysis
Geographically, global medical imaging information market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America medical imaging information market is driven by presence of huge number of medical imaging market players and technological advancements in the data storage. Europe medical imaging information market has a significant share, which is attributed to presence of skilled professionals, adoption of newer technologies, and collaboration between the companies for development of newer imaging platforms. Asia Pacific medical imaging information market expected to exhibit significant growth owing to increase in medical tourism in Asia Pacific region, and expansion of business by market players into the region. For instance, in July 2014, Toshiba Medical Systems Corporation established diagnostic imaging systems manufacturing base in Malaysia. Latin America medical imaging information market has a lucrative growth opportunities due to increase in the number of medical imaging procedures, increase in the preference for better treatment, and launching of newer platforms by market players in the region. Middle East and Africa medical imaging market is poised to grow at significant rate owing to adoption of newer technologies by the healthcare providers.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The medical imaging information market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Medical Imaging Information Market Segmentation
By Service Type
By Application
- Magnetic Resonance Imaging (MRI)
- Computed Tomography (CT)
- Digital Radiography
- Nuclear Imaging
- X-ray
- Ultrasound
- Mammography
- Others
By Deployment Mode
- Cloud-Based
- Web-Based
- On-Premise
By End-User
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
By Geography
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Frequently Asked Questions
The Medical imaging information market size was valued at USD 16.2 billion in 2022.
The Medical imaging information market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Medical imaging information market key players are General Electric Company (U.S.), Koninklijke Philips N.V. (Netherlands), Lexmark International Inc. (U.S.), Esaote SpA (Italy), Siemens AG (Germany), Carestream Health, Inc. (U.S.), Dell Inc. (U.S.), Agfa-Gevaert N.V. (Belgium), Toshiba Corporation (Japan), McKesson Corporation (U.S.)
| 1.Executive Summary |
| 2.Global Medical Imaging Information Market Introduction |
| 2.1.Global Medical Imaging Information Market - Taxonomy |
| 2.2.Global Medical Imaging Information Market - Definitions |
| 2.2.1.Service Type |
| 2.2.2.Application |
| 2.2.3.Deployment Mode |
| 2.2.4.End-User |
| 2.2.5.Region |
| 3.Global Medical Imaging Information Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Medical Imaging Information Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Medical Imaging Information Market By Service Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Hardware |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Software |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Medical Imaging Information Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Magnetic Resonance Imaging (MRI) |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Computed Tomography (CT) |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Digital Radiography |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Nuclear Imaging |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. X-ray |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Ultrasound |
| 6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Mammography |
| 6.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Others |
| 6.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 7.Global Medical Imaging Information Market By Deployment Mode, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Cloud-Based |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Web-Based |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. On-Premise |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8.Global Medical Imaging Information Market By End-User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Hospitals |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Diagnostic Centers |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Ambulatory Surgical Centers |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.Global Medical Imaging Information Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Medical Imaging Information Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Service Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Hardware |
| 10.1.2.Software |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Magnetic Resonance Imaging (MRI) |
| 10.2.2.Computed Tomography (CT) |
| 10.2.3.Digital Radiography |
| 10.2.4.Nuclear Imaging |
| 10.2.5.X-ray |
| 10.2.6.Ultrasound |
| 10.2.7.Mammography |
| 10.2.8.Others |
| 10.3. Deployment Mode Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Cloud-Based |
| 10.3.2.Web-Based |
| 10.3.3.On-Premise |
| 10.4. End-User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Hospitals |
| 10.4.2.Diagnostic Centers |
| 10.4.3.Ambulatory Surgical Centers |
| 10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Medical Imaging Information Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Hardware |
| 11.1.2.Software |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Magnetic Resonance Imaging (MRI) |
| 11.2.2.Computed Tomography (CT) |
| 11.2.3.Digital Radiography |
| 11.2.4.Nuclear Imaging |
| 11.2.5.X-ray |
| 11.2.6.Ultrasound |
| 11.2.7.Mammography |
| 11.2.8.Others |
| 11.3. Deployment Mode Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Cloud-Based |
| 11.3.2.Web-Based |
| 11.3.3.On-Premise |
| 11.4. End-User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Hospitals |
| 11.4.2.Diagnostic Centers |
| 11.4.3.Ambulatory Surgical Centers |
| 11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 12.Asia Pacific (APAC) Medical Imaging Information Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Hardware |
| 12.1.2.Software |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Magnetic Resonance Imaging (MRI) |
| 12.2.2.Computed Tomography (CT) |
| 12.2.3.Digital Radiography |
| 12.2.4.Nuclear Imaging |
| 12.2.5.X-ray |
| 12.2.6.Ultrasound |
| 12.2.7.Mammography |
| 12.2.8.Others |
| 12.3. Deployment Mode Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Cloud-Based |
| 12.3.2.Web-Based |
| 12.3.3.On-Premise |
| 12.4. End-User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Hospitals |
| 12.4.2.Diagnostic Centers |
| 12.4.3.Ambulatory Surgical Centers |
| 12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Medical Imaging Information Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Hardware |
| 13.1.2.Software |
| 13.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Magnetic Resonance Imaging (MRI) |
| 13.2.2.Computed Tomography (CT) |
| 13.2.3.Digital Radiography |
| 13.2.4.Nuclear Imaging |
| 13.2.5.X-ray |
| 13.2.6.Ultrasound |
| 13.2.7.Mammography |
| 13.2.8.Others |
| 13.3. Deployment Mode Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Cloud-Based |
| 13.3.2.Web-Based |
| 13.3.3.On-Premise |
| 13.4. End-User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Hospitals |
| 13.4.2.Diagnostic Centers |
| 13.4.3.Ambulatory Surgical Centers |
| 13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Medical Imaging Information Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 14.1. Service Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Hardware |
| 14.1.2.Software |
| 14.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Magnetic Resonance Imaging (MRI) |
| 14.2.2.Computed Tomography (CT) |
| 14.2.3.Digital Radiography |
| 14.2.4.Nuclear Imaging |
| 14.2.5.X-ray |
| 14.2.6.Ultrasound |
| 14.2.7.Mammography |
| 14.2.8.Others |
| 14.3. Deployment Mode Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Cloud-Based |
| 14.3.2.Web-Based |
| 14.3.3.On-Premise |
| 14.4. End-User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Hospitals |
| 14.4.2.Diagnostic Centers |
| 14.4.3.Ambulatory Surgical Centers |
| 14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.General Electric Company (U.S.) |
| 15.2.2.Koninklijke Philips N.V. (Netherlands) |
| 15.2.3.Lexmark International Inc. (U.S.) |
| 15.2.4.Esaote SpA (Italy) |
| 15.2.5.Siemens AG (Germany) |
| 15.2.6.Carestream Health, Inc. (U.S.) |
| 15.2.7.Dell Inc. (U.S.) |
| 15.2.8.Agfa-Gevaert N.V. (Belgium) |
| 15.2.9.Toshiba Corporation (Japan) |
| 15.2.10.McKesson Corporation (U.S.) |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
- General Electric Company (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- Lexmark International Inc. (U.S.)
- Esaote SpA (Italy)
- Siemens AG (Germany)
- Carestream Health, Inc. (U.S.)
- Dell Inc. (U.S.)
- Agfa-Gevaert N.V. (Belgium)
- Toshiba Corporation (Japan)
- McKesson Corporation (U.S.)