
Global & Australia Medical Imaging Equipment Market to 2031
Description
MRI, CT, and ultrasound technologies are extensively utilized throughout Australia, supported by a robust and well-established healthcare infrastructure. The growing prevalence of cancer, cardiovascular, and neurological conditions—combined with an aging population—continues to drive the demand for advanced diagnostic imaging. Both public and private healthcare providers are actively investing in the latest imaging technologies to improve patient outcomes and maintain high standards of care. The integration of artificial intelligence (AI) into diagnostic imaging is further enhancing accuracy, reducing turnaround times, and streamlining clinical workflows. Additionally, Australia is prioritizing the expansion of imaging services in rural and remote regions to ensure equitable access to quality healthcare.
A significant advancement in this space is the approval of Body Vision Medical’s AI-powered LungVision imaging system by the Therapeutic Goods Administration (TGA). This milestone highlights Australia's proactive approach to incorporating innovative technologies into its healthcare system to elevate diagnostic precision and efficiency.
On March 12, 2025, Body Vision Medical confirmed that the LungVision system had received TGA approval. LungVision transforms a standard C-arm fluoroscope into a sophisticated, real-time 3D imaging system enhanced by AI, enabling greater accuracy during bronchoscopic lung biopsies. The system features a tablet-based interface that allows clinicians to plan and manage procedures flexibly from within the operating room. As lung cancer remains the leading cause of cancer-related deaths in Australia, this technology plays a crucial role in improving early detection and treatment outcomes. The TGA approval of LungVision represents a meaningful step forward in enhancing diagnostic capabilities and patient care in the country.
A significant advancement in this space is the approval of Body Vision Medical’s AI-powered LungVision imaging system by the Therapeutic Goods Administration (TGA). This milestone highlights Australia's proactive approach to incorporating innovative technologies into its healthcare system to elevate diagnostic precision and efficiency.
On March 12, 2025, Body Vision Medical confirmed that the LungVision system had received TGA approval. LungVision transforms a standard C-arm fluoroscope into a sophisticated, real-time 3D imaging system enhanced by AI, enabling greater accuracy during bronchoscopic lung biopsies. The system features a tablet-based interface that allows clinicians to plan and manage procedures flexibly from within the operating room. As lung cancer remains the leading cause of cancer-related deaths in Australia, this technology plays a crucial role in improving early detection and treatment outcomes. The TGA approval of LungVision represents a meaningful step forward in enhancing diagnostic capabilities and patient care in the country.
Table of Contents
108 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Australia Medical Imaging Equipment Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Medical Imaging Equipment Market Key Market Dynamics
- 5.1 Medical Imaging Equipment Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. Australia Medical Imaging Equipment Market – Analysis
- 6.1 Australia Medical Imaging Equipment Market Revenue (US$ Million), 2021–2031
- 6.2 Australia Medical Imaging Equipment Market Revenue and Forecast Analysis
- 7. Australia Medical Imaging Equipment Market Analysis – by Product Type
- 7.1 Australia Medical Imaging Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Product Type
- 8. Australia Medical Imaging Equipment Market Analysis – by Application
- 8.1 Australia Medical Imaging Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Application
- 9. Australia Medical Imaging Equipment Market Analysis – by End User
- 9.1 Australia Medical Imaging Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by End User
- 10. Competitive Landscape
- 10.1 Heat Map Analysis by Key Players
- 10.1 Company Positioning and Concentration
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.2 Partnerships and Collaborations
- 11.2 Other Developments
- 12. Company Profiles
- 12.1 GE HealthCare Technologies Inc
- 12.1. 1 Key Facts
- 12.1. 2 Business Description
- 12.1. 3 Products and Services
- 12.1. 4 Financial Overview
- 12.1. 5 SWOT Analysis
- 12.1. 6 Key Developments
- 12.2 Siemens Healthineers AG
- 12.2. 1 Key Facts
- 12.2. 2 Business Description
- 12.2. 3 Products and Services
- 12.2. 4 Financial Overview
- 12.2. 5 SWOT Analysis
- 12.2. 6 Key Developments
- 12.3 FUJIFILM Holdings Corp
- 12.3. 1 Key Facts
- 12.3. 2 Business Description
- 12.3. 3 Products and Services
- 12.3. 4 Financial Overview
- 12.3. 5 SWOT Analysis
- 12.3. 6 Key Developments
- 12.4 Canon Inc
- 12.4. 1 Key Facts
- 12.4. 2 Business Description
- 12.4. 3 Products and Services
- 12.4. 4 Financial Overview
- 12.4. 5 SWOT Analysis
- 12.4. 6 Key Developments
- 12.5 Koninklijke Philips NV
- 12.5. 1 Key Facts
- 12.5. 2 Business Description
- 12.5. 3 Products and Services
- 12.5. 4 Financial Overview
- 12.5. 5 SWOT Analysis
- 12.5. 6 Key Developments
- 12.6 Shimadzu Corp
- 12.6. 1 Key Facts
- 12.6. 2 Business Description
- 12.6. 3 Products and Services
- 12.6. 4 Financial Overview
- 12.6. 5 SWOT Analysis
- 12.6. 6 Key Developments
- 12.7 Hologic Inc
- 12.7. 1 Key Facts
- 12.7. 2 Business Description
- 12.7. 3 Products and Services
- 12.7. 4 Financial Overview
- 12.7. 5 SWOT Analysis
- 12.7. 6 Key Developments
- 12.8 Shenzhen Mindray Bio-Medical Electronics Co Ltd
- 12.8. 1 Key Facts
- 12.8. 2 Business Description
- 12.8. 3 Products and Services
- 12.8. 4 Financial Overview
- 12.8. 5 SWOT Analysis
- 12.8. 6 Key Developments
- 12.9 Samsung Healthcare
- 12.9. 1 Key Facts
- 12.9. 2 Business Description
- 12.9. 3 Products and Services
- 12.9. 4 Financial Overview
- 12.9. 5 SWOT Analysis
- 12.9. 6 Key Developments
- 12.10 Neusoft Medical Systems
- 12.10. 1 Key Facts
- 12.10. 2 Business Description
- 12.10. 3 Products and Services
- 12.10. 4 Financial Overview
- 12.10. 5 SWOT Analysis
- 12.10. 6 Key Developments
- 13. Appendix
- 13.1 About Business Market Insights
- 13.2 List of Abbreviations
- TABLE OF TABLES
- Table 1. Australia Medical Imaging Equipment Market Segmentation
- Table 2. List of Vendors
- Table 3. Australia Medical Imaging Equipment Market – Revenue, 2021–2024 (US$ Million)
- Table 4. Australia Medical Imaging Equipment Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. Australia Medical Imaging Equipment Market – Revenue, 2021–2024 (US$ Million) – by Product Type
- Table 6. Australia Medical Imaging Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Product Type
- Table 7. Australia Medical Imaging Equipment Market – Revenue, 2021–2024 (US$ Million) – by Application
- Table 8. Australia Medical Imaging Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
- Table 9. Australia Medical Imaging Equipment Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 10. Australia Medical Imaging Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 11. List of Abbreviations
- TABLE OF FIGURES
- Figure 1. Impact Analysis of Drivers and Restraints
- Figure 2. Australia Medical Imaging Equipment Market Revenue, (US$ Million), 2021–2031
- Figure 3. Heat Map Analysis by Key Players
- Figure 4. Company Positioning and Concentration
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