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Report overview
The global diagnostic imaging services market is expected to experience significant growth in the coming years, driven by the increasing demand for advanced imaging technologies and the growing aging population. The global diagnostic imaging services market size was valued at $47.5 billion in 2020 and is projected to reach $63.8 billion by 2025, at a CAGR of 6.5%. By 2022, the market is expected to reach a size of $52.4 billion, and by 2030, it is projected to reach a size of $87.1 billion, with a CAGR of 6.5% from 2025 to 2030.
The diagnostic imaging services market can be segmented into modalities such as X-ray, computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, and nuclear medicine. Among these, the X-ray segment is expected to hold the largest share of the market during the forecast period, due to its wide range of applications and cost-effectiveness. The market is also segmented by application into oncology, cardiology, neurology, orthopedics, and others.
The oncology segment is expected to hold the largest share of the market during the forecast period, due to the increasing incidence of cancer and the growing adoption of advanced imaging technologies in cancer diagnosis and treatment. Geographically, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is expected to hold the largest share of the market during the forecast period, due to the presence of a large number of diagnostic imaging service providers in the region and the increasing adoption of advanced imaging technologies.
The United States diagnostic imaging services market is also a large and rapidly growing one. the US diagnostic imaging services market size was valued at $32.2 billion in 2020 and is projected to reach $44.1 billion by 2025, at a CAGR of 6.7%. By 2022, the market is expected to reach a size of $36.3 billion, and by 2030, it is projected to reach a size of $66.2 billion, with a CAGR of 6.7% from 2025 to 2030.
Segment by Type
