Report Description
India Diagnostic Imaging Equipment Market Outlook 2031
The India Diagnostic Imaging Equipment Market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 10.3% during 2023–2031. The growth of the market is attributed to the increasing elderly population and rising investment in the healthcare infrastructure.
Diagnostic medical imaging is a technique that visualize physical diagnosis with help of electromagnetic radiation. This imaging equipment is used for the diagnosis of disease and to determine appropriate treatment decisions. Diagnostic imaging is useful for the clinical examination and medical implant, and the visual representation of the function of organs or tissues in the human body.
Diagnostic imaging consists of different radiological imaging equipment, such as MRI, X-ray, ultrasound, and CT scan portable systems. Multiple-use units such as digital fluoroscopy and radiography systems are also used in the hospitals and clinics.
CT scan and MRI systems are the most commonly used diagnostic imaging equipment. These equipment are used for the detection of the medical conditions by reducing the unnecessary invasive exploratory processes and to improvise patient health diagnostic imaging equipment. Diagnostic imaging also includes calculations and recording techniques to produce data that is often represented in graph form.
India Diagnostic Imaging Equipment Market Trends, Drivers, Restraints, and Opportunities
- Increasing incidence of chronic diseases, such as cancer, cardiovascular disorders, gastrointestinal disorders, and various genetic mutations that require advanced imaging equipment are major factors that are propelling the diagnostic imaging equipment market growth during the forecast period.
- Growing expenditure in the healthcare sector is projected to push the market expansion in the coming years.
- Rising government initiatives to improve the healthcare services is expected to spur the market growth.
- The COVID-19 outbreak has increased the awareness of body screening across the globe. This, in turn, has positively influenced the market growth.
- High costs of the diagnostic imaging equipment are anticipated to hamper the market growth during the forecast period.
- Lack of trained people can restrict the market expansion in the coming years.
- Increasing adoption of latest technologies in diagnostic imaging equipment is estimated to create opportunities for the market players in the projected timeline.
Scope of The India Diagnostic Imaging Equipment Market Report
The report on the India diagnostic imaging equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Diagnostic Imaging Equipment Market - India Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Modalities (MRI, Computed Tomography, Ultrasound, X-ray, Nuclear Imaging, and Others), Applications (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, and Others), and End-users (Hospitals, Diagnostic Centers, and Others)
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Regional Scope
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India
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Carestream Health Inc, Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Systems, and Koninklijke Philips N.V.
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India Diagnostic Imaging Equipment Market Segment Insights
X-ray segment to account a large market share
Based on modalities, the market is segmented into MRI, computed tomography, ultrasound, X-Ray, nuclear imaging, and others. The X-ray segment is expected to represent a key market share during the forecast period owing to increasing demand for mobile X-ray systems, retrofit upgrade kits.
Moreover, increasing number of hospitals & diagnostic centers, painless & non-invasive procedures, and low-prices as compared to other modalities are driving the segment growth.
Orthopedics segment to register a robust CAGR
In terms of applications, the market is divided into cardiology, oncology, neurology, orthopedics, gastroenterology, gynecology, and others. The orthopedics segment is expected to grow at a robust pace in the coming years due to the increasing number of road accidents in the country.
Hospitals segment to expand at a substantial CAGR
On the basis of end-users, the market is segregated into hospitals, diagnostic centers, and others. The hospitals segment is anticipated to expand at a healthy CAGR during the forecast period. Hospitals usually have all the available diagnostic imaging equipment and machinery. Thus, the people prefer visiting hospitals & clinics for diagnostic imaging.
Segments
The India diagnostic imaging equipment market has been segmented on the basis of
Modalities
- MRI
- Computed Tomography
- Ultrasound
- X-ray
- Nuclear Imaging
- Others
Applications
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Others
End-users
- Hospitals
- Diagnostic Centers
- Others
Country
Key Players
Competitive Landscape
Key players competing in the India diagnostic imaging equipment market include Carestream Health Inc, Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Systems, and Koninklijke Philips N.V.
Companies are partnering with hospitals and clinics to expand their market share. Moreover, they’re engaging in R&D activities to leverage their market position.

Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diagnostic Imaging Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diagnostic Imaging Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diagnostic Imaging Equipment Market - Supply Chain
4.5. Global Diagnostic Imaging Equipment Market Forecast
4.5.1. Diagnostic Imaging Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diagnostic Imaging Equipment Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Diagnostic Imaging Equipment Market Absolute $ Opportunity
5. Global Diagnostic Imaging Equipment Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
5.3.1. Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Diagnostic Imaging Equipment Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
6.3.1. Hospitals
Diagnostic Centers
Others
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Diagnostic Imaging Equipment Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Diagnostic Imaging Equipment Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
8. North America Diagnostic Imaging Equipment Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
8.4.1. Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. North America Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
8.7.1. Hospitals
Diagnostic Centers
Others
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
9. Latin America Diagnostic Imaging Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
9.4.1. Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Latin America Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
9.7.1. Hospitals
Diagnostic Centers
Others
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
10. Europe Diagnostic Imaging Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
10.4.1. Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Europe Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
10.7.1. Hospitals
Diagnostic Centers
Others
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
11. Asia Pacific Diagnostic Imaging Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
11.4.1. Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Asia Pacific Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
11.7.1. Hospitals
Diagnostic Centers
Others
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
12. Middle East & Africa Diagnostic Imaging Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
12.4.1. Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
12.5. Basis Point Share (BPS) Analysis by Applications
12.6. Y-o-Y Growth Projections by Applications
12.7. Middle East & Africa Diagnostic Imaging Equipment Market Size and Volume Forecast by End Users
12.7.1. Hospitals
Diagnostic Centers
Others
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Diagnostic Imaging Equipment Market: Market Share Analysis
13.2. Diagnostic Imaging Equipment Distributors and Customers
13.3. Diagnostic Imaging Equipment Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Carestream Health Inc
Fujifilm Holdings Corporation
GE Healthcare
Hitachi Medical Systems
Koninklijke Philips N.V.</