North America Medical Imaging Market Size & Outlook
The medical imaging market in North America is expected to reach a projected revenue of US$ 19,614.5 million by 2030. A compound annual growth rate of 4.5% is expected of North America medical imaging market from 2025 to 2030.
The North America medical imaging market generated a revenue of USD 15,151.3 million in 2024.
The market is expected to grow at a CAGR of 4.5% from 2025 to 2030.
In terms of segment, magnetic resonance imaging was the largest revenue generating technology in 2024.
Computed Tomography is the most lucrative technology segment registering the fastest growth during the forecast period.
Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
Market revenue in 2024
USD 15,151.3 million
Market revenue in 2030
USD 19,614.5 million
Growth rate
4.5% (CAGR from 2025 to 2030)
Largest segment
Magnetic resonance imaging
Fastest growing segment
Computed Tomography
Historical data covered
2018 - 2023
Base year for estimation
2024
Forecast period covered
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
X-ray, Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging
Key market players worldwide
GE Aerospace, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Mindray Medical International, FUJIFILM Holdings Corp, Carestream Health - HCIS business, Hitachi Ltd, Samsung Electronics Co Ltd, Koning, PerkinElmer, Konica Minolta Inc, Esaote, Hologic Inc, Varex Imaging Corp
Other key industry trends
In terms of revenue, North America region accounted for 36.4% of the global medical imaging market in 2024.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 12,526.7 million by 2030.
North America accounted for the largest market share of 32.86% in 2022. This can be attributed to various factors, such as increased adoption of medical imaging technology in primary care settings, improved accessibility, and the presence of high healthcare spending in countries with efficient reimbursement policies.
The increasing incidence of chronic diseases in this region, including breast cancer, cardiovascular disorders, and neurological diseases, has created a high demand for imaging analysis. The region is expected to maintain its dominance over the forecast period.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Medical Imaging Market Outlook will help companies and investors design strategic landscapes.
Magnetic Resonance Imaging was the largest segment with a revenue share of 32.87% in 2024.
Horizon Databook has segmented the North America medical imaging market based on x-ray, magnetic resonance imaging, ultrasound, computed tomography, nuclear imaging covering the revenue growth of each sub-segment from 2018 to 2030.
North America accounted for the largest market share of 32.86% in 2022. This can be attributed to various factors, such as increased adoption of medical imaging technology in primary care settings, improved accessibility, and the presence of high healthcare spending in countries with efficient reimbursement policies.
The increasing incidence of chronic diseases in this region, including breast cancer, cardiovascular disorders, and neurological diseases, has created a high demand for imaging analysis. The region is expected to maintain its dominance over the forecast period.
North America Medical Imaging Market Technology Outlook (Revenue, USD Million , 2021-2033)
Computed Tomography
X-ray
Magnetic Resonance Imaging
Nuclear Imaging
Ultrasound
North America Medical Imaging Market End Use Outlook (Revenue, USD Million , 2021-2033)
Hospitals
Others
Diagnostic Imaging Centers
North America Medical Imaging Market Application Outlook (Revenue, USD Million , 2021-2033)
Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
Gynecology
Other Application
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Medical Imaging Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Medical Imaging Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Medical Imaging Market, 2021-2033 (US$M)