India Diagnostic Imaging Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 8.20% (2024-2032)

The diagnostic imaging market in India is witnessing significant growth, driven by advancements in medical technology, increasing healthcare awareness, and a rising demand for early disease detection. According to the latest report by IMARC Group, India diagnostic imaging market size reached US$ 768.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,567.9 Million by 2032, exhibiting a growth rate (CAGR) of 8.20% during 2024-2032.

India Diagnostic Imaging Industry Trends and Drivers:

India's diagnostic imaging market is growing quickly. This rise is due to more chronic diseases and a greater need for early and accurate diagnosis. As conditions like cardiovascular diseases, cancer, and diabetes increase, healthcare providers are investing in advanced imaging technologies. These include MRI, CT scans, and ultrasound systems. Government programs, like the Ayushman Bharat scheme, are improving healthcare infrastructure. They help expand access to diagnostic services. The COVID-19 pandemic has also highlighted the importance of diagnostic imaging. It has been crucial in managing respiratory complications, which boosts market growth even more.

Technological advancements are a key driver of the diagnostic imaging market in India. AI-powered imaging systems, 3D imaging, and portable devices are changing the sector. These innovations increase diagnostic accuracy and enhance patient outcomes by enabling early disease detection. More private sector investments and new imaging centers in tier-2 and tier-3 cities improve access to services. Telemedicine and teleradiology are growing. They help the market by enabling remote diagnosis and consultations. With an aging population and growing healthcare awareness, India’s diagnostic imaging market is poised for significant growth in the near future.

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India Diagnostic Imaging Industry Segmentation:

The report has segmented the market into the following categories:

Modality Insights:

• MRI
  • Low and Mid Field MRI Systems
  • High Field MRI Systems
  • Very High and Ultra High Field MRI Systems
• Computed Tomography 
  • Low-End Scanners
  • Mid-Range Scanners
  • High-End Scanners
• Ultrasound 
  • 2D Ultrasound
  • 3D Ultrasound
  • Others
• X-Ray 
  • Analog Systems
  • Digital Systems
• Nuclear Imaging 
  • Positron Emission Tomography (PET)
  • Single Photon Emission Computed Tomography (SPECT)
• Others

Application Insights:

• Cardiology
• Oncology
• Neurology
• Orthopedics
• Gastroenterology
• Gynecology
• Others

End User Insights:

• Hospitals
• Diagnostic Centers
• Others

Regional Insights:

• North India
• West and Central India
• South India
• East and Northeast India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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