High Mkt Cap
#11 of 49
$28 B
Average CAGR
#24 of 49
20 %
Imaging technology is used to create images of the human body for diagnostic purposes. Examples of imaging technology include X-rays, CT scans, and MRI machines. In recent years, 3D printing has been used to create models of patient anatomy for pre-surgical planning. The global medical imaging market is projected to be worth over $33 billion by 2027.
0 FDA approvals in Imaging Technology
Improved Diagnosis and Treatment
"Imaging technology can provide high-quality, detailed images that can help providers diagnose and treat a wide range of medical conditions." - Radiology Business, December 2021
Non-Invasive Procedures
"Imaging technology can often be used for non-invasive procedures, reducing the need for more invasive and potentially risky procedures." - HealthTech Magazine, January 2022
Improved Patient Experience
"Imaging technology can help improve the patient experience by providing a more comfortable and less stressful diagnostic experience." - Healthcare Information and Management Systems Society, February 2022
Investor sentiment
MarketsandMarketsJune 2021
"...The global medical imaging market is expected to grow at a CAGR of over 5% during the forecast period 2021-2026, driven by the increasing prevalence of chronic diseases, technological advancements in medical imaging modalities, and growing investments in infrastructure and R&D."
ResearchAndMarketsJune 2021
"...The global medical imaging market is expected to reach $45.3 billion by 2027, driven by the increasing demand for early and accurate diagnosis, growing geriatric population, and rising burden of chronic diseases, and the growing adoption of artificial intelligence and machine learning in medical imaging."
Sector leaders
General Electric
General Electric (GE) is a leading player in medical imaging and diagnostic technologies. The company's range of imaging products includes CT scanners, MRI machines, ultrasound equipment, and X-ray machines.
Siemens Healthineers
Siemens Healthineers is a global provider of medical imaging equipment and diagnostic solutions. The company's imaging portfolio includes MRI machines, CT scanners, X-ray systems, and ultrasound equipment.
Canon Medical Systems
Canon Medical Systems is a leading provider of diagnostic imaging equipment and medical information systems. The company's imaging portfolio includes CT scanners, MRI machines, ultrasound systems, and X-ray machines.
