The global medical imaging equipment and informatics industry is experiencing increasing demand for primary care, high prevalence of chronic diseases, and high footfall in screening centers, which are driving its growth. The growing demand for personalized precision medicine and an increased need for imaging in screening, non-invasive therapies, and new methods of treating disease are driving imaging procedures and digitalization, leading to increased demand for imaging systems. 2024 saw high growth in digital radiography, mammography, and interventional X-ray (IXR) unit sales, while computed tomography (CT) and magnetic resonance imaging (MRI) registered moderate growth.

The imaging informatics industry also witnessed growth in 2024, with customers that implemented image management for radiology or pathology expanding their use. International events, such as the Russo-Ukrainian war, inflation, and the slowdown in the Chinese market, have substantially impacted the industry. However, the increasing shift to non-hospital settings, the rapid adoption of cloud infrastructure and AI by healthcare providers, and the focus on AI-based imaging algorithms for multiple clinical applications will drive overall industry growth.

• Which stakeholder analytics and prominent growth opportunities will redefine the future of the medical imaging industry?
• How will the growing use of image-guided high-intensity focused ultrasound as part of multimodal imaging, the role of AI-based enterprise workflow solutions in meeting the growing demand for radiology procedures, and the need for building generative AI (GenAI) solutions for medical imaging analysis impact future growth potential?
• Which growth prospects should your team prioritize, and which best practices should your company adopt?