Medical Imaging Phantoms Market Size, Share & Trends Report

Medical Imaging Phantoms Market Size, Share & Trends Analysis Report By Material (False Organ), By Device Type (X-ray, Nuclear Imaging), By End Use (Medical Device Companies, Hospitals), And Segment Forecasts, 2019 - 2026

  • Published Date: Jul, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-3-68038-153-5
  • Format: Electronic (PDF)
  • Historical Data: 2015 - 2017
  • Number of Pages: 110

Industry Insights

The global medical imaging phantoms market size was estimated at USD 135.0 million in 2018 and is projected to expand at a CAGR of 5.1% from 2019 to 2026. Growing prevalence of various lifestyle associated disorders, such as Chronic Obstructive Pulmonary Disease (COPD), cardiac failure, and Chronic Kidney Disease (CKD), and increasing demand for early diagnostic methods are some of the major driving factors of the market. Moreover, increasing number of diagnostic imaging facilities, rising medical expenditure, and introduction of technologically advanced products are further expected to fuel the market growth.

Increasing demand for minimally invasive surgical procedures is also expected to boost the demand for advanced imaging phantoms, which can be used for testing intraoperative imaging systems. Magnetic resonance imaging technology detects various complications including nausea and headache. Increasing demand for safer imaging techniques are expected to boost the use of innovative medical imaging phantoms in preclinical and clinical studies.

India medical imaging phantoms market

Demand for X-ray phantoms is on the rise due to increasing applications of X-ray in spine-associated problems. Fluoroscopy phantoms as fluoroscopy systems offer high-quality images. High efficiency of these devices and increased adoption of technologically advanced products are also influencing the market growth. Growing prevalence of disorders, such as cardiac failure, various types of cancer, and chronic disorders, is expected to play a key role in driving market growth.

Advanced medical phantoms can help in early detection capabilities of imaging systems. Hence, extensive product usage to improve the efficiency of imaging devices, such as x-ray, CT scan, and MRI, is expected to drive the market. Furthermore, increasing number of clinical trials by universities and institutes for improving the accuracy of phantom for various disorders, such as solid tumors, is likely to affect the market growth positively.

Device Type Insights

On the basis of type, market is divided into ultrasound, x-ray, CT, nuclear imaging, MRI, and others. Other devices include radionuclide, mammography, optical tomography, and specimen imaging. X-ray segment held the largest market share in 2018. X-ray systems are largely used as primary diagnostic technique in most of the cases. Affordability, low space requirements, and enhanced safety are some of the advantages of these systems, which boosts their demand.

Nuclear imaging segment is expected to witness the fastest CAGR from 2019 to 2026 owing to the development of detailed anatomical phantoms for its effective use in biomedical and bioengineering research. Therefore, these anatomical changes in the phantom will help in creating an advanced computational model for nuclear imaging, which in turn, is anticipated to drive the segment growth during the forecast period.

Material Insights

Based on the material, the market is bifurcated into stimulating devices and false organ. Stimulating devices held the largest market share in 2018 and is projected to expand further at the fastest CAGR during the forecast period. The usage of stimulating devices for multi-nuclear imaging, spectroscopy, quantitative diffusion imaging, MRI, and others is on the rise. Stimulating devices help understand the flow rate, temperature, battery drain, and other factors of the imaging devices.

Moreover, introduction of technologically advanced phantoms, which can be connected to such devices wirelessly and provide facile control, monitoring, and recording is anticipated to drive the segment. False organ segment is expected to show moderate pace during the forecast period. These organs can come in different anatomy to facilitate realistic user experience. Moreover, they are mainly used in ultrasound and radiology for diagnosis of pediatric as well as adult patients. Increasing application scope of false organ is expected to propel the segment growth further.

End Use Insights

Based on end use, the market is segmented into hospitals, diagnostic & reference laboratories, academic & research institutes, and medical device companies. Hospitals segment is anticipated to lead the market over the forecast years owing to constantly improving imaging facilities and healthcare infrastructure. Medical device companies segment is also expected to hold a significant market share registering the fastest CAGR from 2019 to 2026 due to growing research activities. Increasing number of clinical and preclinical trials for various imaging modalities integrated with Artificial Intelligence (AI) is anticipated to play a key role in segment growth.

Global medical imaging phantoms market

Large-scale hospitals are starting in-house imaging centers, which help in saving significant time during diagnosis and treatment. This is expected to boost the demand for imaging systems and phantoms. Academic and research institutes segment also held a considerable market share in 2018 and is likely to expand further at a healthy CAGR due to increasing research activities. Several bioengineering researchers, aiming to develop a realistic phantom head for magnetic resonance research is an emerging trend in the global market.

Regional Insights

North America holds the largest share of the global medical imaging phantoms market owing to high adoption of advanced products, devices, and technologies in different verticals of healthcare sector. Increasing government expenditure for research activities is expected to drive the regional market further. Presence of well-established healthcare infrastructure, rising number of ambulatory centers, and rapid replacement of old systems by advanced products are also some of the major factors driving the market in this region.

Asia Pacific is expected to be the fastest-growing regional market during the forecast period on account of growing target population in emerging countries like China and India. Moreover, availability of skilled professionals, increasing usage for advanced diagnostic products, and rapidly expanding medical tourism market in developing economies are projected to drive the market further.

Medical Imaging Phantoms Market Share Insights

The major companies in the market include Biodex Medical Systems, Inc.; Gold Standard Phantoms; Pure Imaging Phantoms; Modus Medical Devices, Inc.; True Phantom Solutions; Computerized Imaging Reference Systems, Inc.; Carville Ltd.; PTW Freiburg GmbH; Dielectric Corp.; Quart GmbH; Leeds Test Objects Ltd.; Kyoto Kagaku Co. Ltd.; and PhantomX.

These companies focus on forming efficient value chain to cater to the growing demand for innovative phantoms. Recently, Gold Standard Phantoms signed strategic partnership with National Physical Laboratory and NEL to create 'Porous Modelling within a Perfusion Phantom'. NPL will bring proficiency in mathematical modelling, analysis of complicated systems, and characterization and metrology, essential to success of the project.

Report Scope



Base year for estimation


Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2026

Market representation 

Revenue in USD Million and CAGR from 2019 to 2026

Regional scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Country scope

U.S., Canada, U.K., Germany, France, Italy, Spain, Japan, China, India, Thailand, South Korea Brazil, Mexico, Argentina, Colombia, South Africa, Saudi Arabia, and UAE

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2026. For the purpose of this study, Grand View Research has segmented the global medical imaging phantoms market report on the basis of device type, end use, material, and region:

  • Device Type Outlook (Revenue, USD Million, 2015 - 2026)

    • X-ray

    • Ultrasound

    • CT

    • MRI

    • Nuclear Imaging

    • Others

  • End Use Outlook (Revenue, USD Million, 2015 - 2026)

    • Hospitals

    • Academic and Research Institutes

    • Diagnostic and Reference Laboratories

    • Medical Device Companies

  • Material Outlook (Revenue, USD Million, 2015 - 2026)

    • Stimulating Devices

    • False Organ

  • Regional Outlook (Revenue, USD Million, 2015 - 2026)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

      • France

      • Italy

      • Spain

    • Asia Pacific

      • Japan

      • China

      • India

      • Thailand

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

      • Colombia

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

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