Global Radiological Diagnostics Market Size To Exceed USD 1132.5 Billion By 2035 | CAGR of 5.46%
Category: HealthcareGlobal Radiological Diagnostics Market Size To Exceed USD 1132.5 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global Radiological Diagnostics Market Size is Expected to Grow from USD 630.9 Billion in 2024 to USD 1132.5 Billion by 2035, at a CAGR of 5.46% during the forecast period 2025-2035.
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Browse key industry insights spread across 211 pages with 97 Market data tables and figures & charts from the report on the “Global Radiological Diagnostics Market Size, Share, and COVID-19 Impact Analysis, By Machine (X-Ray Machine, CT Scanner, MRI Machine, Cardiovascular Monitoring & Diagnostic Devices & Equipment, and Nuclear Imaging Devices & Equipment), By Technology (Computed Radiology and Direct Radiology), By End User (Hospitals, Diagnostic Centers, and Other End Users), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/radiological-diagnostics-market
The radiological diagnostics market is the market encompassing the development, manufacturing, and distribution of medical imaging equipment and services used for diagnostic purposes. Radiological diagnosis is a medical specialty that uses imaging techniques for visualizing internal structures of the body for the diagnosis and monitoring of diseases and injuries. The digitalization of radiology patient workflows, the increasing number of imaging procedures performed in hospitals, and the adoption of advanced systems with improved features for enhancing patient care quality are escalating the market growth opportunity. An integration of AI in radiology for enhancing the diagnostic accuracy, streamlining workflows, and improving patient care is driving the radiological diagnostics market. However, an increased cost of radiological diagnostics, which hampers its adoption in both underdeveloped and developed regions, is challenging the market growth.
The CT scanner segment dominated the market with the largest share in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the machine, the radiological diagnostics market is divided into X-ray machine, CT scanner, MRI machine, cardiovascular monitoring & diagnostic devices & equipment, and nuclear imaging devices & equipment. Among these, the CT scanner segment dominated the market with the largest share in 2024 and is projected to grow at a substantial CAGR during the forecast period. The increasing use of CT scanner in radiology for producing detailed cross-sectional images of the body for providing detailed images of bones and soft tissues, is driving the market in the CT scanner segment.
The direct radiology segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the technology, the radiological diagnostics market is divided into computed radiology and direct radiology. Among these, the direct radiology segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. An increasing prevalence of musculoskeletal disorders and sports-related injuries, especially among the elderly and athletes, along with the shift towards non-invasive procedures, is responsible for driving the market demand in the direct radiology segment.
The hospitals segment accounted for the largest market share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the end user, the radiological diagnostics market is divided into hospitals, diagnostic centers, and other end users. Among these, the hospitals segment accounted for the largest market share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Radiology department in hospitals includes the use of imaging technologies for diagnosis and treating medical conditions, such as X-rays, MRIs, CT scans, and ultrasounds.
North America is expected to hold the majority share of the global radiological diagnostics market during the forecast period.
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North America is expected to hold the majority share of the global radiological diagnostics market during the forecast period. An increasing need for state-of-the-art imaging modalities for providing training in advanced technology is propelling the market for radiological diagnostics. Further, an increasing prevalence of chronic diseases, along with growing technological advancements in diagnostic imaging, is driving the market.
Asia Pacific is anticipated to grow at the fastest pace in the global radiological diagnostics market during the forecast period. This is attributed to the presence of key market players and increased R&D activities by the regional key companies. Further, the increased prevalence of chronic diseases, as well as healthcare expenditure and technological advancements, are escalating the radiological diagnostics market.
Europe is anticipated to hold a significant share of the radiological diagnostics market during the projected timeframe. An increasing prevalence of chronic diseases, as well as growing healthcare expenditure and technological advancements, are driving the radiological diagnostics market. Further, the high healthcare standards, robust regulatory framework, and emphasis on technological innovation are escalating the market growth.
Major vendors in the global radiological diagnostics market are Siemens, 4ways Healthcare Limited, Everlight Radiology, RadNet, Inc., Koninklijke Philips N.V., Sonic Healthcare Limited, Medica Reporting Ltd., ONRAD, Inc., UNILABS, Radiology Reports online, InHealth Group, Concord Medical Group, Alliance Health, RamSoft, Inc., General Electric, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In March 2025, GE HealthCare announced a collaboration with NVIDIA at GTC 2025, expanding the existing relationship between the two companies to focus on pioneering innovation in autonomous imaging, beginning with autonomous X-ray technologies and autonomous applications within ultrasound.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the radiological diagnostics market based on the below-mentioned segments:
Global Radiological Diagnostics Market, By Machine
- X-Ray Machine
- CT Scanner
- MRI Machine
- Cardiovascular Monitoring & Diagnostic Devices & Equipment
- Nuclear Imaging Devices & Equipment
Global Radiological Diagnostics Market, By Technology
- Computed Radiology
- Direct Radiology
Global Radiological Diagnostics Market, By End User
- Hospitals
- Diagnostic Centers
- Other End Users
Global Radiological Diagnostics Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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