
Global & India Medical Imaging Equipment Market to 2031
Description
The demand for medical imaging technologies—including CT, MRI, ultrasound, and X-ray—is growing rapidly across both urban and rural regions of India. Although access to advanced imaging systems remains limited in remote areas, ongoing improvements in healthcare infrastructure, particularly in Tier 2 and Tier 3 cities, are expected to significantly boost the availability of modern imaging equipment in the near future.
Government initiatives, such as the Pradhan Mantri Jan Arogya Yojana (PMJAY), are enhancing healthcare access by offering insurance coverage to underserved populations. This has led to increased demand for affordable diagnostic services. Additionally, the rising prevalence of non-communicable diseases such as cancer, cardiovascular disorders, and diabetes is further driving the need for reliable imaging solutions.
Technological advancements, especially in artificial intelligence (AI), are enhancing diagnostic precision and improving workflow efficiency. A notable example is the unveiling of the Philips AI-powered CT 5300 during the 23rd Asian Oceanian Congress of Radiology (AOCR) 2025 held in Chennai, reflecting India’s ongoing efforts to adopt advanced technologies within its healthcare ecosystem.
Launched on January 27, 2025, the Philips CT 5300 is a 128-slice system that features advanced AI functionalities. It features the industry’s first Nano-panel precise detector specifically engineered for AI-based reconstruction, enabling high-resolution imaging at lower radiation doses. The system incorporates AI-driven features such as cardiac motion correction, smart workflow tools, and enhanced image reconstruction. Its adaptability across various clinical settings—including cardiology, oncology, neurology, and emergency care—along with integrated virtual collaboration tools, makes it well-suited to manage growing patient volumes and mitigate staff shortages, thus improving overall healthcare delivery in India.
Government initiatives, such as the Pradhan Mantri Jan Arogya Yojana (PMJAY), are enhancing healthcare access by offering insurance coverage to underserved populations. This has led to increased demand for affordable diagnostic services. Additionally, the rising prevalence of non-communicable diseases such as cancer, cardiovascular disorders, and diabetes is further driving the need for reliable imaging solutions.
Technological advancements, especially in artificial intelligence (AI), are enhancing diagnostic precision and improving workflow efficiency. A notable example is the unveiling of the Philips AI-powered CT 5300 during the 23rd Asian Oceanian Congress of Radiology (AOCR) 2025 held in Chennai, reflecting India’s ongoing efforts to adopt advanced technologies within its healthcare ecosystem.
Launched on January 27, 2025, the Philips CT 5300 is a 128-slice system that features advanced AI functionalities. It features the industry’s first Nano-panel precise detector specifically engineered for AI-based reconstruction, enabling high-resolution imaging at lower radiation doses. The system incorporates AI-driven features such as cardiac motion correction, smart workflow tools, and enhanced image reconstruction. Its adaptability across various clinical settings—including cardiology, oncology, neurology, and emergency care—along with integrated virtual collaboration tools, makes it well-suited to manage growing patient volumes and mitigate staff shortages, thus improving overall healthcare delivery in India.
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. India 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. India Medical Imaging Equipment Market – Analysis
- 6.1 India Medical Imaging Equipment Market Revenue (US$ Million), 2021–2031
- 6.2 India Medical Imaging Equipment Market Revenue and Forecast Analysis
- 7. India Medical Imaging Equipment Market Analysis – by Product Type
- 7.1 India Medical Imaging Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Product Type
- 8. India Medical Imaging Equipment Market Analysis – by Application
- 8.1 India Medical Imaging Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Application
- 9. India Medical Imaging Equipment Market Analysis – by End User
- 9.1 India 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. India Medical Imaging Equipment Market Segmentation
- Table 2. List of Vendors
- Table 3. India Medical Imaging Equipment Market – Revenue, 2021–2024 (US$ Million)
- Table 4. India Medical Imaging Equipment Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. India Medical Imaging Equipment Market – Revenue, 2021–2024 (US$ Million) – by Product Type
- Table 6. India Medical Imaging Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Product Type
- Table 7. India Medical Imaging Equipment Market – Revenue, 2021–2024 (US$ Million) – by Application
- Table 8. India Medical Imaging Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
- Table 9. India Medical Imaging Equipment Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 10. India 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. India 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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