Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 780.42 Million

CAGR (2024-2029)

8.31%

Fastest Growing Segment

Orthopedics

Largest Market

West India

Market Overview

India Diagnostic Imaging Market has valued at USD 780.42 Million in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 8.31% through 2029. Diagnostic imaging is a field that encompasses a wide range of non-invasive techniques used to identify and monitor diseases or injuries. These methods involve the generation of detailed images that represent specific parts of the body, allowing healthcare professionals to gain valuable insights into a patient's condition. Some of the commonly used technologies in diagnostic imaging include X-ray radiography, which uses electromagnetic radiation to capture images of bones and tissues. Magnetic resonance imaging (MRI) utilizes powerful magnets and radio waves to produce highly detailed images of internal structures. Computed tomography (CT) combines X-rays with computer technology to create cross-sectional images of the body. Ultrasound uses high-frequency sound waves to generate real-time images of organs and tissues. Additionally, nuclear medicine techniques like positron emission tomography (PET) enable physicians to visualize metabolic processes within the body for diagnosis and treatment planning. By utilizing these advanced imaging techniques, healthcare professionals can accurately diagnose medical conditions and develop personalized treatment plans, ultimately improving patient outcomes and quality of care.

Key Market Drivers

Rise in the Prevalence of Chronic Diseases

The surge in chronic diseases within India is amplifying the need for high-quality diagnostic imaging services. As the prevalence of conditions such as cancer, diabetes, heart disease, and respiratory disorders continues to rise, early and accurate diagnosis becomes a critical factor in effective patient management. Diagnostic imaging, encompassing modalities like CT scans, MRIs, PET scans, and ultrasound, is a cornerstone in identifying these conditions early on and planning precise treatment pathways. This increased demand for diagnostic imaging is further fueled by India's growing population, changing lifestyle patterns, and heightened awareness about regular health check-ups. Moreover, the advancements in medical technology and imaging techniques have revolutionized the field of diagnostics, enabling healthcare professionals to obtain detailed and comprehensive insights into the patient's condition. From high-resolution images that help detect minute abnormalities to functional imaging that assesses organ functionality, diagnostic imaging has become an indispensable tool in the diagnostic process.

However, to meet this surge in demand and ensure accessibility to all sections of society, it's imperative for the Indian healthcare sector to tackle challenges of equitable distribution, affordability, and infrastructure development for these advanced diagnostic tools. This includes expanding the reach of diagnostic centers to remote areas, implementing cost-effective solutions, and fostering collaborations between public and private healthcare providers. By focusing on these areas and harnessing the power of diagnostic imaging, India can effectively manage the increasing burden of chronic diseases. Through early and accurate diagnosis, healthcare professionals can initiate timely interventions, develop personalized treatment plans, and improve patient outcomes. With the continuous advancements in diagnostic imaging technology and a collaborative approach, India can pave the way for a healthier future for its population.

Increased Adoption of Advanced Technologies in Medical Imaging

India's healthcare sector is experiencing a remarkable surge in the demand for diagnostic imaging, fueled by the widespread adoption of cutting-edge technologies in medical imaging. The advent of digital radiography, 3D ultrasonography, and multi-slice CT scanning has revolutionized the landscape of advanced imaging technologies in the country.

By leveraging these state-of-the-art technologies, healthcare professionals are able to provide faster and more accurate diagnoses, ultimately leading to improved patient outcomes. The high-resolution images produced by these advanced imaging modalities enable early detection and treatment of diseases, facilitating timely intervention and potentially saving lives. Furthermore, these advancements have paved the way for minimally invasive procedures, resulting in reduced recovery times and enhanced patient comfort.

This upward trajectory in the utilization of advanced diagnostic imaging technologies is further propelled by the government's commitment to modernizing healthcare infrastructure and increasing investments in the sector. Industry reports predict a significant growth in the diagnostic imaging market in India in the coming years, driven by the increasing prevalence of chronic diseases and the expanding aging population. As a result, the demand for advanced diagnostic imaging will continue to rise, fostering notable growth and development in this sector.

Growing Geriatric Population

India's geriatric population, aged 60 and above, is experiencing a rapid growth rate. This demographic shift, coupled with an alarming rise in chronic diseases, has resulted in an unprecedented demand for diagnostic imaging services. Advanced imaging techniques not only provide detailed insights into various diseases but also enable early detection and effective treatment, which is of utmost importance for the elderly population who are more susceptible to health complications. Moreover, the prevalence of non-communicable diseases (NCDs) such as cardiovascular diseases, cancers, chronic respiratory diseases, and diabetes has witnessed a surge among the elderly. These conditions necessitate frequent monitoring and testing, further contributing to the escalating demand for diagnostic imaging services.

The growth of the Indian healthcare sector, driven by government initiatives aimed at improving healthcare accessibility and advancements in medical technology, has played a significant role in this trend. With the increasing availability of sophisticated diagnostic imaging technologies in both urban and rural areas, elderly patients now have improved access to these essential services, which in turn, further raises the demand. The combination of a growing geriatric population and the surge in chronic diseases has substantially increased the demand for diagnostic imaging in India. Healthcare providers must be prepared to meet this escalating demand to ensure optimal patient care and effective disease management. By embracing these advancements in diagnostic imaging, healthcare professionals can deliver the highest standard of care to the elderly population and address the evolving healthcare needs of the nation.

Rising Demand for The Early Detection of Diseases

The burgeoning demand for early detection of diseases in India is leading to a significant surge in the need for diagnostic imaging services. As the prevalence of lifestyle diseases and chronic conditions continues to rise, the importance of early diagnosis cannot be overstated. Diagnostic imaging, encompassing advanced technologies such as Magnetic Resonance Imaging (MRI), Computed Tomography (CT) scans, and ultrasound, plays a crucial role in this paradigm shift towards proactive health management.

These sophisticated tools empower physicians to pinpoint abnormalities and potential medical issues in their nascent stages, thereby enhancing the chances of successful treatment and recovery. With their high-resolution imaging capabilities, MRI scans provide detailed information about the body's internal structures, enabling accurate diagnosis and guiding treatment plans. CT scans, on the other hand, offer cross-sectional images of the body, assisting in the identification of conditions such as tumors, infections, or fractures. Ultrasound, a non-invasive and radiation-free imaging technique, is widely used for examining organs, soft tissues, and blood vessels, making it invaluable in prenatal care and assessing a wide range of medical conditions. Moreover, the growing health awareness among India's populace, coupled with the increasing accessibility of advanced medical facilities, further fuels the demand for diagnostic imaging services. The Indian government's proactive push for improved healthcare infrastructure also acts as a catalyst in driving this sector's growth. Investing in state-of-the-art imaging technologies and expanding the reach of diagnostic centers to remote areas can significantly bridge the healthcare gap and improve patient outcomes across the country.

Consequently, the diagnostic imaging sector in India is witnessing robust expansion and is poised to become a significant player in the country's healthcare industry. The rising demand for diagnostic imaging services underscores the urgency for increased investment in this sector. It also highlights the need to prioritize quality, affordability, and accessibility in diagnostic imaging services to cater to India's diverse demographic. By ensuring these factors, the healthcare industry can effectively address the evolving healthcare needs of the Indian population, resulting in better preventive care, early disease detection, and improved treatment outcomes.

 

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Key Market Challenges

High Cost of Diagnostic Imaging Procedures and Equipment

The high cost of diagnostic imaging procedures and equipment is significantly affecting the overall demand for these critical services. Diagnostic imaging, encompassing essential techniques such as MRI, CT scan, and X-ray, plays a crucial role in ensuring accurate diagnosis and effective treatment. However, the exorbitant costs associated with these advanced technologies pose a significant barrier, limiting access for the average Indian.

Moreover, the financial burden extends to the establishment of diagnostic imaging centers equipped with state-of-the-art equipment. The substantial investment required in setting up these facilities leads to increased pricing for procedures, further exacerbating the affordability challenge. Consequently, numerous patients are compelled to defer or completely forgo necessary diagnostic procedures, resulting in a restricted demand.

Furthermore, the disparity in the distribution of these facilities, primarily concentrated in urban areas, exacerbates the accessibility and demand gap in rural regions. As a consequence, individuals residing in remote areas face additional hurdles in obtaining vital diagnostic services, further widening the healthcare divide. Recognizing the urgency of addressing this issue, the Indian government has initiated efforts to alleviate the situation through public-private partnerships, subsidies, and initiatives like the Ayushman Bharat Yojana. However, it is evident that there remains a long road ahead in making diagnostic imaging more affordable and accessible to all segments of society, thereby increasing the overall demand and improving healthcare outcomes.

Side Effects of Diagnostic Imaging Procedures

Diagnostic imaging procedures, such as computed tomography (CT) scans and X-rays, have become increasingly valuable in modern healthcare. They play a crucial role in diagnosing and monitoring various medical conditions, allowing healthcare professionals to make informed decisions about patient care. However, in India, the demand for these procedures is currently experiencing a downturn due to concerns about the potential side effects associated with radiation exposure.

Radiation exposure from CT scans and X-rays can have varying side effects, ranging from minor issues like temporary skin reddening to more significant risks like radiation-induced cancer. These risks, although relatively low, have raised concerns among patients and healthcare providers alike. Additionally, the invasive nature of certain imaging procedures can cause anxiety and stress for patients, further contributing to the hesitancy in seeking such diagnostic tests. Another factor that contributes to the decreased demand for diagnostic imaging procedures in India is the high cost involved. These imaging tests are often not covered by health insurance, making them inaccessible for many individuals. The financial burden associated with these procedures acts as a significant barrier, deterring patients from undergoing such tests unless absolutely necessary.

The cumulative effect of these factors has led to a decreased demand for diagnostic imaging procedures in India. Patients and healthcare providers are actively seeking safer, less invasive, and cost-effective alternatives to address their diagnostic needs. This shift in demand highlights the importance of exploring and adopting innovative technologies and practices that can provide accurate diagnoses while minimizing potential risks and costs.

Key Market Trends

Growing Expenditure in The Healthcare Sector

India's healthcare sector is currently experiencing a remarkable upswing in expenditure, driven by a multitude of factors. The escalating healthcare needs of the population, coupled with increased public awareness and government initiatives to improve healthcare infrastructure, have contributed to this surge. Within this context, the demand for diagnostic imaging services has witnessed a significant boost.

Diagnostic imaging plays a crucial role in patient care as it offers a non-invasive approach to identify and monitor diseases. By providing physicians with the ability to make accurate diagnoses, it ultimately enhances treatment outcomes. Furthermore, the rising prevalence of chronic diseases, the aging population, and the growing importance of early diagnosis have all contributed to the increasing demand for diagnostic imaging in India.

Notably, advancements in technology and the introduction of sophisticated imaging equipment have made these services more accessible and accurate. As a result, there has been a substantial adoption of diagnostic imaging services across the country. Given this landscape, the growing expenditure in the healthcare sector plays a pivotal role in further augmenting the demand for diagnostic imaging in India, thereby paving the way for improved healthcare outcomes for its population.

Increasing Adoption of Latest Technologies in Diagnostic Imaging Equipment

India's healthcare sector has been experiencing a substantial surge in the demand for diagnostic imaging services. This surge can be primarily attributed to the widespread adoption of cutting-edge technologies in diagnostic imaging equipment. The integration of advanced technologies such as 3D/4D ultrasound, High-definition MRI, and PET-CT scans has truly revolutionized the landscape of diagnostic imaging in India. These state-of-the-art technologies have proven to be instrumental in delivering highly accurate and detailed images that greatly facilitate precise diagnoses. One of the key advantages of these advanced imaging technologies is their ability to enable non-invasive procedures, thereby minimizing patient discomfort and risk. This has been a significant breakthrough in the field of diagnostic imaging, allowing patients to undergo thorough examinations without the need for invasive procedures. The escalating urbanization and the rapid growth of the middle-class population in India have resulted in an increased emphasis on health awareness. Consequently, there has been a surge in the demand for accurate and early diagnosis. Moreover, the rising prevalence of chronic diseases necessitates regular monitoring and detailed diagnosis, which is effectively catered to by modern diagnostic imaging equipment.

In addition to the rising demand from patients, the government's focus on improving healthcare infrastructure and accessibility has further fueled the growth of the diagnostic imaging sector in India. The proliferation of private diagnostic centers across the country has also played a significant role in enhancing accessibility to these advanced imaging services.

The incorporation of the latest technologies in diagnostic imaging equipment has emerged as a crucial component in meeting the ever-growing imaging requirements of India's expansive healthcare sector. The utilization of these advanced imaging technologies not only ensures accurate and early diagnoses but also contributes to the overall improvement of patient care and outcomes.

Segmental Insights

Type Insights

Based on the type, in 2022, the ultrasound segment emerged as the largest market share holder in the medical imaging industry. This significant achievement can be attributed to the increased adoption of ultrasound equipment in the healthcare sector. The affordability and enhanced features of ultrasound have played a crucial role in its popularity. With its ability to provide instant and accurate results, ensure safety, offer improved radiation-free imaging, and enable non-invasive procedures, ultrasound has become one of the most widely used diagnostic imaging devices in India, establishing itself as a dominant segment.

On the other hand, the computed tomography (CT) segment is projected to be the most opportunistic and promising segment during the forecast period. The growth of CT in 2022 can be attributed to its increasing adoption for diagnosis in patients. The integration of high-precision CT scanners with cutting-edge technologies like artificial intelligence is expected to further fuel the growth of this segment. This integration will provide even more precise and advanced imaging capabilities, allowing for more accurate diagnoses and better patient care. The continuous advancements in CT technology will revolutionize medical imaging, opening up new possibilities for early detection, accurate disease staging, and personalized treatment planning.

Application Insights

Based on the application, the oncology segment dominated the global diagnostic imaging market in 2022, in terms of revenue, and is projected to sustain its dominance during the forecast period. This can be attributed to the increased prevalence of cancer among the population, particularly with lung cancer being the most prominent type and accounting for the highest number of cancer deaths in India. Remarkably, according to the International Agency for Research on Cancer, breast cancer has now surpassed lung cancer as the most diagnosed type of cancer. As a result, the demand for oncology diagnostic imaging has experienced a significant surge, contributing to the growth of this segment.

On the other hand, orthopedics is estimated to be the fastest-growing segment during the forecast period. This is primarily due to the rising geriatric population and an increase in road accident cases, which has led to a greater demand for orthopedic diagnostic imaging. Furthermore, the accessibility to technologically advanced devices for diagnostics has played a significant role in fueling the market growth of the orthopedics segment.

 

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Regional Insights

The western region of India, particularly Maharashtra, is widely recognized as the frontrunner in the India Diagnostic Imaging Market. This region's remarkable growth potential is driven by its advanced healthcare infrastructure, comprising state-of-the-art hospitals and cutting-edge medical facilities that are at the forefront of technological innovation. These top-tier facilities are equipped with the latest and most advanced diagnostic imaging equipment, enabling healthcare professionals to provide accurate and efficient diagnoses with utmost precision. Moreover, the population in Maharashtra exhibits a commendable level of awareness and appreciation for medical technology, leading to a significant surge in the demand for diagnostic imaging services. This increased demand is effectively met by key market players who have strategically established a strong presence in the region. These leading manufacturers and providers offer a diverse range of diagnostic imaging solutions, catering to the specific needs and requirements of the healthcare industry in Maharashtra.

With its solid foundation and unwavering commitment to advancements, the western region of India, particularly Maharashtra, is positioned to dominate the India Diagnostic Imaging Market for the foreseeable future. Maharashtra's prominence in the industry is further solidified by its continuous drive for innovation and excellence, ensuring that it remains at the forefront of the market. This remarkable growth trajectory not only reinforces Maharashtra's prominence but also serves as a catalyst for further expansion and advancement in the healthcare industry.

Recent Developments

  • April 2022: Wipro GE Healthcare has recently unveiled the revolutionary Revolution Aspire CT (Computed Tomography) scanner in India, marking a significant milestone as the country's first domestically produced CT scanner.
  • June 2022: Trivitron Healthcare has outlined plans to introduce indigenously developed CT-Scan and MRI systems in the fiscal year 2022-23. These cutting-edge devices, renowned for their intelligent features, cost-effectiveness, and portability, are poised to revolutionize diagnostic capabilities in both the domestic and international markets.

Key Market Players

  • Wipro GE Healthcare Private Limited
  • Siemens Healthineers India
  • Allengers Medical Systems Limited
  • Erbis Engineering Co Limited
  • Samsung India Electronics (SIEL)
  • Philips India Limited
  • Olympus Medical Systems India Private Limited
  • Fujifilm India Private Limited
  • Carestream Health India Private Limited
  • Shimadzu Medicals (India) Private Limited

 By Type

By Mobility

By Source

By Application

By Component

By End User

By Region

 

  • X-Ray Imaging Solutions
  • Ultrasound Systems
  • MRI Systems
  • CT Scanner
  • Nuclear Imaging Solutions
  • Mammography
  • Others
  • Portable
  • Standalone
  • Domestic
  • Import
  • Cardiology
  • Oncology
  • Neurology
  • Orthopedics
  • Gastroenterology
  • Gynecology
  • Others
  • OEM
  • Refurbished
  • Hospitals & Clinics
  • Diagnostic Centers
  • Ambulatory Care Centers
  • Others
  • North
  • South
  • West
  • East

 

Report Scope:

In this report, the India Diagnostic Imaging Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • India Diagnostic Imaging Market, By Type:

o   X-Ray Imaging Solutions

o   Ultrasound Systems

o   MRI Systems

o   CT Scanner

o   Nuclear Imaging Solutions

o   Mammography

o   Others

  • India Diagnostic Imaging Market, By Mobility:

o   Portable

o   Standalone

  • India Diagnostic Imaging Market, By Source:

o   Domestic

o   Import

  • India Diagnostic Imaging Market, By Application:

o   Cardiology

o   Oncology

o   Neurology

o   Orthopedics

o   Gastroenterology

o   Gynecology

o   Others

  • India Diagnostic Imaging Market, By Component:

o   OEM

o   Refurbished

  • India Diagnostic Imaging Market, By End User:

o   Hospitals & Clinics

o   Diagnostic Centers

o   Ambulatory Care Centers

o   Others

  • India Diagnostic Imaging Market, By Region:

o   North

o   South

o   West

o   East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Diagnostic Imaging Market.

Available Customizations:

India Diagnostic Imaging Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Diagnostic Imaging Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.        Markets Covered

1.2.2.        Years Considered for Study

1.2.3.        Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    India Diagnostic Imaging Market Outlook

5.1.  Market Size & Forecast

5.1.1.        By Value

5.2.  Market Share & Forecast

5.2.1.        By Type (X-Ray Imaging Solutions, Ultrasound Systems, MRI Systems, CT Scanners, Nuclear Imaging Solutions, Mammography, Others)

5.2.2.        By Mobility (Portable, Standalone)

5.2.3.        By Source (Domestic, Import)

5.2.4.        By Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Others)

5.2.5.        By Component (OEM, Refurbished)

5.2.6.        By End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others)

5.2.7.        By Region

5.2.7.1.        By State (Top 3 States)

5.2.8.        By Company (2022)

5.3.  Market Map

6.    North India Diagnostic Imaging Market Outlook

6.1.  Market Size & Forecast

6.1.1.        By Value

6.2.  Market Share & Forecast

6.2.1.        By Type

6.2.2.        By Mobility

6.2.3.        By Source

6.2.4.        By Application

6.2.5.        By Component

6.2.6.        By End User

7.    West India Diagnostic Imaging Market Outlook

7.1.  Market Size & Forecast

7.1.1.        By Value

7.2.  Market Share & Forecast

7.2.1.        By Type

7.2.2.        By Mobility

7.2.3.        By Source

7.2.4.        By Application

7.2.5.        By Component

7.2.6.        By End User

8.    South India Diagnostic Imaging Market Outlook

8.1.  Market Size & Forecast

8.1.1.        By Value

8.2.  Market Share & Forecast

8.2.1.        By Type

8.2.2.        By Mobility

8.2.3.        By Source

8.2.4.        By Application

8.2.5.        By Component

8.2.6.        By End User

9.    East India Diagnostic Imaging Market Outlook

9.1.  Market Size & Forecast

9.1.1.        By Value

9.2.  Market Share & Forecast

9.2.1.        By Type

9.2.2.        By Mobility

9.2.3.        By Source

9.2.4.        By Application

9.2.5.        By Component

9.2.6.        By End User

10.  Market Dynamics

10.1.   Drivers

10.2.   Challenges

11.  Market Trends & Developments

11.1.   Recent Development

11.2.   Mergers & Acquisitions

11.3.   Product Launches

12.  India Diagnostic Imaging Market: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.   Competition in the Industry

13.2.   Potential of New Entrants

13.3.   Power of Suppliers

13.4.   Power of Customers

13.5.   Threat of Substitute Products

14.  Competitive Landscape

14.1.   Wipro GE Healthcare Private Limited

14.1.1.     Business Overview

14.1.2.     Service Offerings

14.1.3.     Recent Developments

14.1.4.     Key Personnel

14.1.5.     SWOT Analysis

14.2.   Siemens Healthineers India

14.2.1.     Business Overview

14.2.2.     Service Offerings

14.2.3.     Recent Developments

14.2.4.     Key Personnel

14.2.5.     SWOT Analysis

14.3.   Allengers Medical Systems Limited

14.3.1.     Business Overview

14.3.2.     Service Offerings

14.3.3.     Recent Developments

14.3.4.     Key Personnel

14.3.5.     SWOT Analysis

14.4.   Erbis Engineering Co Limited

14.4.1.     Business Overview

14.4.2.     Service Offerings

14.4.3.     Recent Developments

14.4.4.     Key Personnel

14.4.5.     SWOT Analysis

14.5.   Samsung India Electronics (SIEL)

14.5.1.     Business Overview

14.5.2.     Service Offerings

14.5.3.     Recent Developments

14.5.4.     Key Personnel

14.5.5.     SWOT Analysis

14.6.   Philips India Limited

14.6.1.     Business Overview

14.6.2.     Service Offerings

14.6.3.     Recent Developments

14.6.4.     Key Personnel

14.6.5.     SWOT Analysis

14.7.   Olympus Medical Systems India Private Limited

14.7.1.     Business Overview

14.7.2.     Service Offerings

14.7.3.     Recent Developments

14.7.4.     Key Personnel

14.7.5.     SWOT Analysis

14.8.   Fujifilm India Private Limited

14.8.1.     Business Overview

14.8.2.     Service Offerings

14.8.3.     Recent Developments

14.8.4.     Key Personnel

14.8.5.     SWOT Analysis

14.9.   Carestream Health India Private Limited

14.9.1.     Business Overview

14.9.2.     Service Offerings

14.9.3.     Recent Developments

14.9.4.     Key Personnel

14.9.5.     SWOT Analysis

14.10. Shimadzu Medicals (India) Private Limited

14.10.1.  Business Overview

14.10.2.  Service Offerings

14.10.3.  Recent Developments

14.10.4.  Key Personnel

14.10.5.  SWOT Analysis

15.  Strategic Recommendations

About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the India Diagnostic Imaging Market was estimated to be USD 780.42 Million in 2023.

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Wipro GE Healthcare Private Limited, Siemens Healthineers India, Allengers Medical Systems Limited, Erbis Engineering Co Limited, Samsung India Electronics (SIEL), are among the top market players operating in India Diagnostic Imaging Market.

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The western region of India leads the India Diagnostic Imaging Market. It boasts advanced healthcare infrastructure, state-of-the-art hospitals, and cutting-edge medical facilities. With a high level of awareness and demand for diagnostic imaging services, Maharashtra remains at the forefront of the market. Key players offer a wide range of solutions, solidifying the region's prominence and driving further growth in the industry.

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Increasing healthcare expenditures and rising public awareness associated with early diagnosis of disease are the major drivers for the India Diagnostic Imaging Market.

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Sakshi Bajaal

Business Consultant
Press Release

India Diagnostic Imaging Market to Grow with a CAGR of 8.31% through 2029

Oct, 2023

Increasing healthcare expenditure and technological advancement in imaging procedures is expected to drive the India Diagnostic Imaging Market growth in the forecast period, 2025-2029.