Radiomics Market to Grow with a CAGR of 12.17% through 2030
The increasing
demand for personalized medicine, along with significant advancements in
imaging technologies, are major factors driving the growth of the Global
Radiomics Market during the forecast period of 2026–2030.
According to
TechSci Research report, “Global Radiomics Market – By Region, Competition,
Forecast & Opportunities, 2030F”, the Global Radiomics Market stood at USD
15.35 Billion in 2024 and is anticipated to grow with a CAGR of 12.17% in the
forecast period.
The
global radiomics market is experiencing significant growth, driven by the
increasing demand for personalized medicine and advancements in medical imaging
technologies. Radiomics, which involves extracting quantitative data from
standard imaging modalities like CT, MRI, and PET scans, offers critical
insights into disease phenotypes, progression, and treatment responses. These
imaging biomarkers, often imperceptible to the human eye, enable more accurate
diagnoses, targeted therapies, and patient monitoring, aligning with the shift
towards precision and value-based healthcare.
Technological
advancements in imaging systems have enhanced image resolution, consistency,
and reproducibility, providing a robust foundation for radiomics-based
analysis. The integration of artificial intelligence (AI) and machine learning
(ML) has further revolutionized radiomics workflows by automating feature
extraction, improving pattern recognition, and facilitating faster, data-rich
decision-making in clinical settings. AI-powered radiomics platforms utilize
advanced ML models to analyze imaging data, segment regions of interest, and
extract relevant features with high consistency, aiding clinicians in making
informed decisions regarding diagnosis, treatment planning, and patient
monitoring.
The
rising prevalence of chronic diseases, particularly cardiovascular conditions,
underscores the need for innovative diagnostic tools like radiomics. According
to the Centers for Disease Control and Prevention (CDC), heart disease remains
the leading cause of death in the United States, accounting for 702,880 deaths
in 2022, which equates to one in every five deaths . Coronary artery disease
(CAD) is the most common type, responsible for 371,506 deaths in the same year.
Notably, about one in 20 adults aged 20 and older have CAD, and someone in the
U.S. experiences a heart attack every 40 seconds . These statistics highlight
the urgent need for enhanced diagnostic and monitoring tools, where radiomics
can play a pivotal role.
However,
the radiomics market faces challenges, including the lack of standardized
imaging protocols, interoperability issues among platforms, and the complexity
of integrating radiomics into routine clinical workflows. Variability in image
acquisition parameters, such as slice thickness and contrast usage, can
significantly alter the radiomic features extracted, creating challenges in
comparing data across studies or validating radiomic models at scale.
Additionally, the absence of universally accepted guidelines for image
preprocessing, feature selection, and model validation further exacerbates
these issues, hindering the development of regulatory-compliant, scalable
radiomics solutions.
Ongoing
innovations continue to accelerate adoption. Key trends include the expansion
of radiomics applications beyond oncology into cardiology, neurology, and
pulmonology, as well as the growing use of radiomic biomarkers in clinical
trials to support drug development and treatment optimization. In cardiology,
for instance, radiomics is used to assess myocardial tissue characteristics,
detect fibrosis, and predict adverse cardiac events, offering valuable insights
beyond traditional imaging interpretations. Similarly, in neurology, radiomics
aids in the evaluation of brain disorders such as stroke and Alzheimer's
disease by quantifying subtle changes in brain structure and function. This
diversification expands the market potential for radiomics technologies,
attracting investment from a wider range of healthcare sectors.
As
medical imaging technology continues to improve and AI integration advances,
the ability of radiomics to extract meaningful features across different organ
systems and disease states strengthens. Radiomics is increasingly being
recognized as a core component of the precision medicine ecosystem, offering
scalable, non-invasive solutions that enhance clinical decision-making and
improve patient outcomes across multiple therapeutic areas. As data-driven
healthcare gains momentum globally, the market outlook for radiomics remains
highly promising.
Browse over XX
market data Figures spread through XX Pages and an in-depth TOC on "Global
Radiomics Market”
The Global Radiomics
Market is segmented into modality, image type, technology, application, regional
distribution, and company.
The Deep
Learning segment has emerged as the dominant technology within the global
radiomics market due to its unparalleled ability to analyze complex,
high-dimensional imaging data with high accuracy, speed, and scalability. Deep
learning, a subset of machine learning based on artificial neural networks,
excels at identifying subtle patterns and features in medical images that are
often indiscernible to traditional analysis methods or even the human eye. This
capability is crucial in radiomics, where extracting robust and reproducible
quantitative features from imaging data forms the foundation of diagnostic and
prognostic tools.
One of the
primary advantages of deep learning is its end-to-end automation capability.
Unlike traditional radiomics workflows that require manual image segmentation
and feature engineering, deep learning algorithms can automatically perform
these tasks with minimal human intervention. This not only accelerates the
analysis process but also minimizes variability and human error, resulting in
more consistent and reliable outputs.
Deep learning
models are highly scalable and can learn from vast datasets, improving their
predictive performance over time. As large, annotated imaging datasets become
more available, deep learning systems can be trained to detect early signs of
disease, stratify patient risk, and predict treatment responses across multiple
conditions such as cancer, cardiovascular disease, and neurological disorders.
Deep learning
also supports the integration of multimodal data—including imaging, genomic,
and clinical information—thus enabling more holistic and personalized
decision-making in healthcare. This aligns closely with the ongoing shift
toward precision medicine.
The growing
adoption of AI infrastructure in healthcare institutions, coupled with
significant investments in AI-driven diagnostic tools, further cements deep
learning’s position as the leading technology within the radiomics landscape.
As regulatory bodies begin to approve more AI-enabled medical devices, deep
learning's role in clinical radiomics applications is expected to expand
rapidly, solidifying its dominance in the market.
Based on region, The
Asia Pacific region has secured its position as the second-largest market for
radiomics globally due to a combination of demographic, technological, and
healthcare infrastructure developments that are driving rapid adoption of
advanced imaging and AI-based diagnostic tools.
The
region is witnessing a significant rise in the burden of chronic diseases such
as cancer, cardiovascular disorders, and neurological conditions. With
countries like China, India, and Japan reporting an increase in aging populations
and lifestyle-related health issues, there is a growing demand for
non-invasive, data-driven diagnostic technologies like radiomics to improve
early disease detection and treatment personalization.
Governments
across the region are actively investing in digital health initiatives and
healthcare modernization. Countries such as South Korea, Singapore, and China
are leading in AI research and the integration of AI technologies in healthcare
systems. These nations are fostering public-private collaborations and offering
funding support for innovations in medical imaging and radiomics, creating a
conducive ecosystem for market growth.
The
Asia Pacific region is home to many academic institutions, research
organizations, and imaging centers that are increasingly engaging in radiomics
research and clinical trials. This is helping accelerate technology validation,
adoption, and commercialization.
The
growing availability of affordable diagnostic imaging devices and the expansion
of telemedicine in rural and semi-urban areas are enhancing access to
radiomics-based tools. The region’s large patient pool, lower clinical trial
costs, and increasing partnerships between AI companies and healthcare
providers further solidify Asia Pacific’s position as a high-growth and
strategically important market for radiomics solutions.
Major companies
operating in Global Radiomics Market are:
- Radiomics.io (Computational Imaging
& Bioinformatics Lab)
- Radiomics Bio
- Health Innovation Ventures (HIV)
- Sophia Genetics SA
- HealthMyne Inc
- Oncoradiomics
- ptTheragnostic BV
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“The global
Radiomics market is experiencing strong growth driven by the rising demand for
personalized and precision medicine, advancements in medical imaging
technologies, and the increasing prevalence of chronic diseases such as cancer
and cardiovascular disorders. The shift towards data-driven, non-invasive
diagnostics has accelerated market adoption, with radiomics enabling deeper
insights into disease characterization and treatment response. Key trends
shaping the market include the integration of artificial intelligence and
machine learning to enhance image analysis, expansion of applications beyond
oncology into neurology and cardiology, and increased use of radiomics in
clinical trials for drug development. Despite challenges such as lack of standardization,
limited clinical workflow integration, and regulatory complexities, continuous
innovation and growing healthcare investments support market momentum.
Additionally, expanding healthcare infrastructure in emerging regions and the
rising focus on value-based care further fuel growth, positioning radiomics as
a critical technology in the evolution of precision healthcare worldwide.,”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Radiomics
Market - Global Industry Size, Share, Trends, Opportunity & Forecast,
Segmented By Modality (Magnetic Resonance Imaging (MRI), Computed Tomography
(CT), Positron-Emission-Tomography (PET), Others), By Image Type (2D v/s 3D),
By Technology (Engineered Features v/s Deep Learning), By Application (Nuclear
Medicine, Medical Imaging, Precision Medicine, Oncology, Others), By Region & Competition, 2020-2030F”, has evaluated
the future growth potential of Global Radiomics Market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Global Radiomics Market.
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