The North American diagnostic imaging systems market is anticipated to garner $17.7 billion revenue by 2024, growing at a 5.0% CAGR during the forecast period. The major factors driving the market growth are the rising chronic disease prevalence, technological advancements, and increasing geriatric population.
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Based on product, the categories of the North American diagnostic imaging systems market are computed tomography (CT) scanners, X-ray systems, magnetic resonance imaging (MRI) systems, nuclear imaging systems, and ultrasound systems. During the forecast period, the fastest growth is expected by the nuclear imaging systems category, owing to their ability to identify abnormalities in the early stage of disease progression.
In the North American diagnostic imaging systems market, the U.S. is expected to be the more significant contributor, with a revenue share of 90.1% in 2024, as the chronic disease prevalence and the number of private diagnostic imaging centers are rising in the country. Advancing at a 5.2% CAGR, the market in the U.S. is predicted to generate a revenue of more than $15.0 billion by 2024.
FUJIFILM Holdings Corporation, General Electric Company, Canon Medical Systems Corporation, Koninklijke Philips NV, Hitachi Ltd., Siemens AG, Karl Storz GmbH & Co. Kg, Samsung Electronics Co. Ltd., Shimadzu Corporation, and Carestream Health Inc. are some of the key players operating in the North American diagnostic imaging systems market.
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