Global Medical Imaging Equipment Services Market Report 2023: Market to Reach $29.7 Billion by 2030 - Persistent Need to Maintain Fully-Conditioned Imaging Equipment Remains Cornerstone for Growth

Dublin, Nov. 30, 2023 (GLOBE NEWSWIRE) -- The "Medical Imaging Equipment Services - Global Strategic Business Report" report has been added to's offering.

Global Medical Imaging Equipment Services Market to Reach $29.7 Billion by 2030

The global market for Medical Imaging Equipment Services estimated at US$20.9 Billion in the year 2022, is projected to reach a revised size of US$29.7 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030.

The report encompasses an in-depth analysis of the global market for Equipment Repair & Maintenance, Equipment Removal & Relocation, Refurbished Systems, Other Service Types, OEM, Other Service Providers, Hospitals, Diagnostic Centers, and Other End-Uses within the medical imaging equipment services industry.

Equipment Repair & Maintenance, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$17.9 Billion by the end of the analysis period. Growth in the Equipment Removal & Relocation segment is estimated at 3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.2 Billion, While China is Forecast to Grow at 6.1% CAGR

This analysis includes data on annual revenues, percentage CAGR, historic reviews, and a 16-year perspective for various geographic regions, such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa.

The Medical Imaging Equipment Services market in the U.S. is estimated at US$6.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 6.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Additionally, the report features a summary of annual sales figures for Medical Imaging Equipment Services from 2014 to 2030, providing a comprehensive overview of this market segment.

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What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Attributes:

Report AttributeDetails
No. of Pages529
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$20.9 Billion
Forecasted Market Value (USD) by 2030$29.7 Billion
Compound Annual Growth Rate4.5%
Regions CoveredGlobal


  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Imaging Screening Volume % Change 1H 2019 Vs 1H 2020 in U.S Hospitals
  • As Medical Imaging Revenues Remain in Jeopardy, Hospitals Switch to Equipment Services to Rein in Costs
  • Rising Adoption of Remote Servicing
  • Adjusting Protocols to Push Throughput
  • COVID-19 Set to Influence Service Requirements of Medical Imaging Modalities
  • Value-added Services & Post-Warranty Contracts
  • Resumption of Elective Procedures Prompts Radiology Departments to Ensure High Efficiency & Uptime for Imaging Equipment
  • Right to Repair Legislation to Create Divide among Imaging Equipment Service Providers
  • Medical Imaging Equipment Services - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Global Medical Imaging Equipment Services Market: A Primer
  • Types Of Services
  • Types of Vendors
  • Outlook
  • Developed Regions Dominate the Market
  • Fast Paced Growth Forecasts in Developing Regions
  • OEMs Dominate the Medical Imaging Equipment Services Market
  • Market Challenges
  • Evolving Role of In-House Service Departments
  • Reimbursement Policies
  • Repair Contract Volumes
  • Market Share of Leading Players in Global Medical imaging equipment Market: 2020
  • Market Share of Leading Players in Global CT Scanners Market: 2020
  • Market Share of Leading Players in Global MRI Equipment Market: 2020
  • Market Share of Leading Players in the Global Ultrasound Equipment Market: 2020
  • OEM Vendors Implement Strategic Initiatives to Solidify Market Position
  • Recent Market Activity


  • Persistent Need to Maintain Fully-Conditioned Imaging Equipment: Cornerstone for Growth
  • Cost Comparison of Different Imaging Modalities
  • Global Medical Imaging Equipment Market by Modality (2020): Percentage Breakdown of Revenues for Computer Tomography (CT), MRI, Nuclear Imaging, Ultrasound and X-Ray Equipment
  • Rise in Third Party Imaging Centers result in Increased Demand for Timely Servicing
  • Key Factors to Consider While Selecting Medical Imaging Equipment Service Providers
  • Rise in Number of Diagnostic Imaging Centers to Drive Demand for Imaging Services
  • Service Providers Offer Plethora of Services
  • Application of AI in Maintenance Services
  • Rise in Medical Diagnostic Volumes Augurs Well for Market Growth
  • Aged and Outdated Equipment: Primary Demand Driver
  • Rise in Need for New Advances in Medical Imaging Technology
  • Obsolete Imaging Equipment Impacting Claim Costs and Quality of Care of Injured Workers
  • Refurbished Equipment Fuels Services Market
  • Preventive Maintenance Critical in Time and Materials Service
  • Remote Services: An Additional Benefit to Make the Switch
  • Potential for Services in Mobile Medical Imaging Equipment
  • Rise in Demand for Sophisticated Healthcare Technologies Drives Demand for Installation and Maintenance Services
  • Rise in Deployment & Usage of Imaging Equipment Across Modalities: A Review
  • MRI Leads the Global Diagnostic Imaging Market
  • Magnetic Resonance Imaging (MRI) Units in Select Countries (Per Million Population) for the Year 2019
  • Computed Tomography System (CT Scanner)
  • Ultrasound Systems
  • Global Ultrasound Systems Market by Portability Type (2019): Percentage Breakdown of Unit Sales for Cart Systems and Point-of Care Systems
  • X-Ray
  • Nuclear Medicine
  • CT Imaging Gains Popularity
  • Demographic Factors Favor Growth
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Rising Incidence of Chronic Diseases Propels the Demand for Medical Imaging
  • Rising Prevalence of Chronic Diseases Amplifies the Volume of Diagnostic Imaging Procedures: Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
  • Uptrend in Healthcare Expenditure Drives Opportunities
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023


  • Althea Group
  • Agfa Healthcare NV
  • Barco NV
  • Canon Medical Systems Corporation
  • GE HealthCare
  • Neusoft Medical Systems Co., Ltd.
  • Philips Healthcare
  • Siemens Healthcare GmbH
  • Samsung Medison Co., Ltd.
  • Shimadzu Corporation

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Medical Imaging Equipment Services Market

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