North America Diagnostic Imaging Market Size, Segments, Growth and Trends by Forecast to 2028
The diagnostic imaging market in North America is expected to grow from US$ 15,802.91 million in 2021 to US$ 19,287.90 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.
Chronic Disease and North America Diagnostic Imaging Market
According to the Centers for Disease Control and Prevention (CDC), six in ten Americans live with at least one chronic disease—such as heart disease, stroke, cancer, or diabetes. These conditions are the leading causes of death and disability across North America and contribute significantly to healthcare expenditures, with chronic diseases accounting for nearly US$4.1 trillion in annual costs as of 2020.
As the geriatric population—particularly those over the age of 60—is expected to reach 2 billion globally by 2050 (JMIR Publications), the burden of chronic diseases is set to rise. This demographic shift highlights the critical need for healthcare innovations, especially in diagnostic imaging, to enhance disease management and improve outcomes.
Diagnostic imaging technologies like computed tomography (CT), magnetic resonance imaging (MRI), and ultrasound are widely used to detect and monitor chronic diseases early. These tools are especially valuable in the aging population, who are more susceptible to conditions like osteoporosis—a global health concern linked to increased risks of fractures, hospitalization, and mortality. For example, MRI plays a vital role in identifying changes in bone pathophysiology, aiding early diagnosis and prevention.
The integration of information and communication technology (ICT) into diagnostic imaging has further enhanced its capabilities, enabling more efficient and accessible healthcare solutions. These advancements not only support better disease management but also address specific challenges related to aging and chronic health conditions.
As innovation continues to evolve, vendors in the diagnostic imaging space have opportunities to expand into emerging markets and attract new customers. This innovation-driven growth is expected to fuel the North America Diagnostic Imaging Market at a robust compound annual growth rate (CAGR) over the coming years.
Strategic Insights into the North America Diagnostic Imaging Market
Strategic insights provide a comprehensive, data-driven analysis of the North America Diagnostic Imaging Market landscape, including emerging trends, leading players, and regional dynamics. These insights offer actionable guidance to help stakeholders—investors, manufacturers, and others—identify untapped market segments, differentiate their offerings, and develop competitive value propositions.
By leveraging analytics and anticipating market shifts, industry players can position themselves for long-term success. Forward-thinking strategies enable businesses to stay ahead of evolving consumer needs and regulatory changes, ensuring continued profitability and growth in a dynamic market environment.
Regional Insights into the North America Diagnostic Imaging Market
Understanding the geographic nuances of the North America Diagnostic Imaging Market is crucial for successful market penetration and expansion. Regional preferences, economic variations, and regulatory landscapes must be considered to tailor products and strategies effectively. For instance, consumer demands may differ based on equipment specifications or local healthcare infrastructure.
Targeted regional approaches allow businesses to optimize resource allocation, run focused marketing campaigns, and outmaneuver local competitors. Identifying underserved areas or customizing offerings to meet local demands can unlock new opportunities and drive sustained growth across diverse markets within the region.
North America Diagnostic Imaging Market Segments Covered
North America Diagnostic Imaging Market By Modality
- X-ray
- Computed Tomography
- Endoscopy
- Ultrasound
- Magnetic Resonance Imaging
- Nuclear Imaging
- Mammography
North America Diagnostic Imaging Market By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Obstetrics/Gynecology
North America Diagnostic Imaging Market By End User
- Hospital & Clinics
- Diagnostic Imaging Centers
- Ambulatory Surgical Centers
North America Diagnostic Imaging Market Regions and Countries Covered
North America
- US
- Canada
- Mexico
North America Diagnostic Imaging Market leaders and key company profiles
- General Electric Company
- Siemens Healthineers
- Koninklijke Philips N.V.
- KARL STORZ SE & Co. KG
- FUJIFILM Holdings Corporation
- Canon Inc.
- Hologic, Inc.
- Carestream Health Inc.
- Stryker Corporation
- Olympus Corporation
Other Report:
Europe Advanced Composites Market: https://penzu.com/p/5dfbe73cb1ddb584
Europe Composites Market: https://github.com/SuryakantGadekar/Business-Market-Insights/issues/19
Europe Dermatology Devices Market: https://sites.google.com/view/dermatology-devices-e/home
Latin America Permanent Magnet Market: https://business-news-insights.blogspot.com/2025/05/latin-america-permanent-magnet-market.html
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
Comments
Post a Comment