Medical Imaging Market 2024 – Industry Size, Analysis, Researches, Trends and Forecasts to 2031

The Medical Imaging Market demonstrated robust growth in 2023, reaching a substantial value of USD 29.59 billion. Projections indicate a promising trajectory ahead, with expectations set for the market to escalate to USD 43.06 billion by 2031. This anticipated expansion reflects a steady compound annual growth rate (CAGR) of 4.80% over the forecast period spanning from 2024 to 2031. Such growth underscores the increasing demand for advanced medical imaging technologies and solutions worldwide, driven by factors such as technological advancements, rising prevalence of chronic diseases, and expanding healthcare infrastructure. As medical imaging continues to play a pivotal role in disease diagnosis, treatment planning, and monitoring, its significance in healthcare systems is poised to expand further in the coming years.