The Diagnostic Imaging Market in North America is expected to grow from US$ 15,802.91 million in 2021 to US$ 19,287.90 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.
Chronic Disease Burden and the Growing Role of North America Diagnostic Imaging Market
According to the Centers for Disease Control and Prevention (CDC), six in ten Americans live with at least one chronic disease, including heart disease, stroke, cancer, and diabetes. These conditions are the leading causes of death and disability in North America, driving significant healthcare costs. In 2020 alone, chronic diseases accounted for nearly $4.1 trillion in annual healthcare expenditures in the U.S.
The geriatric population is particularly vulnerable to chronic illnesses, increasing the demand for diagnostic imaging. With the global population aged 60+ projected to reach 2 billion by 2050 (JMIR Publications), healthcare innovation is critical to improving disease management. Advances in diagnostic imaging, supported by information and communication technology (ICT), are transforming early detection, treatment, and chronic disease management. ICT-enabled imaging solutions also address challenges linked to aging, such as accessibility and accuracy in diagnosis.
Osteoporosis, for example, poses a major global health burden, leading to fractures, hospitalizations, and higher mortality rates. Imaging technologies like CT, MRI, and ultrasound play a vital role in early detection. MRI, in particular, provides detailed insights into bone pathophysiology, enabling timely intervention to prevent severe outcomes. These factors are key drivers of the North America diagnostic imaging market.
North America Diagnostic Imaging Market Segments Covered
North America Diagnostic Imaging Market By Modality
- X-ray
- Computed Tomography
- Endoscopy
- Ultrasound
- Magnetic Resonance Imaging
- Nuclear Imaging
- Mammography
North America Diagnostic Imaging Market By Application
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Obstetrics/Gynecology
North America Diagnostic Imaging Market By End User
- Hospital & Clinics
- Diagnostic Imaging Centers
- Ambulatory Surgical Centers
North America Diagnostic Imaging Market Regions and Countries Covered
North America
- US
- Canada
- Mexico
North America Diagnostic Imaging Market leaders and key company profiles
- General Electric Company
- Siemens Healthineers
- Koninklijke Philips N.V.
- KARL STORZ SE & Co. KG
- FUJIFILM Holdings Corporation
- Canon Inc.
- Hologic, Inc.
- Carestream Health Inc.
- Stryker Corporation
- Olympus Corporation
Strategic Insights for the North America Diagnostic Imaging Market
To stay competitive, companies must leverage emerging technologies and market trends, expanding into high-growth segments. Key strategies include:
- Adopting AI and IoT-enhanced imaging for faster, more accurate diagnostics.
- Targeting underserved regions with tailored solutions.
- Aligning with regulatory and economic conditions across different markets.
A data-driven approach helps stakeholders anticipate shifts in demand, optimize resource allocation, and differentiate their offerings. Whether through advanced imaging modalities or customized healthcare solutions, businesses must position themselves for long-term success in this evolving sector.
North America Diagnostic Imaging Market: Regional Market Dynamics
The North America diagnostic imaging market thrives on localized demand and regulatory landscapes. Factors influencing growth include:
- Variations in healthcare infrastructure across urban vs. rural areas.
- Patient preferences for non-invasive, high-precision imaging.
- Government policies and reimbursement models affecting adoption rates.
By understanding these nuances, companies can refine market strategies, enhance customer engagement, and capitalize on unmet needs—ensuring sustainable growth in a competitive industry.
This revised version improves clarity, flow, and engagement while maintaining all key data points. Let me know if you’d like any further refinements!
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
