Asia Pacific Medical Imaging Equipment Market
No. of Pages: 150 | Report Code: BMIPUB00031657 | Category: Life Sciences
No. of Pages: 150 | Report Code: BMIPUB00031657 | Category: Life Sciences
The Asia Pacific medical imaging equipment market size is expected to reach US$ 13,126.07 million by 2031 from US$ 8,322.26 million in 2024. The market is estimated to record a CAGR of 6.7% from 2025 to 2031.
Various factors are responsible for growing demand for medical imaging equipment in Asia Pacific region such as a large and diverse population, rising incidences of chronic diseases like cancer, cardiovascular conditions, and neurological disorders, as well as an expanding elderly population.
Advancements in imaging technology, along with increased adoption of portable and digital imaging solutions, are making diagnostic tools more accessible in urban and rural areas of APAC countries. Government bodies are implementing initiatives to modernize healthcare systems and increase public access to advanced diagnostic services. While price sensitivity and regulatory challenges in markets exist, the demand for medical imaging equipment remains strong. The expanding middle class, improvements in healthcare facilities, and a rising focus on preventive healthcare position APAC as a major contributor to the global medical imaging equipment market.
Asia Pacific Medical Imaging Equipment Market Segmentation Analysis:
Key segments that contributed to the derivation of the medical imaging equipment market analysis are product type, application, and end user.
Various factors are responsible for growing demand for medical imaging equipment in Asia Pacific region such as a large and diverse population, rising incidences of chronic diseases like cancer, cardiovascular conditions, and neurological disorders, as well as an expanding elderly population.
Advancements in imaging technology, along with increased adoption of portable and digital imaging solutions, are making diagnostic tools more accessible in urban and rural areas of APAC countries. Government bodies are implementing initiatives to modernize healthcare systems and increase public access to advanced diagnostic services. While price sensitivity and regulatory challenges in markets exist, the demand for medical imaging equipment remains strong. The expanding middle class, improvements in healthcare facilities, and a rising focus on preventive healthcare position APAC as a major contributor to the global medical imaging equipment market.
Based on region, the Asia Pacific medical imaging equipment Market is further segmented into the China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Taiwan, Bangladesh, and Rest of Asia. The Brazil held the largest share in 2024.
Japan's ability to provide medical imaging service owes itself to the advanced healthcare system with a great emphasis on early diagnosis. Technological innovations are also crucially supporting the medical imaging industry. MRI, CT, and X-ray machines are all very popular among hospitals in the urban areas and diagnostic centers. These diagnostic assessments are often offered to elderly people who are mostly prone to cancer, cardiovascular diseases, and neurodegenerative diseases. As the population of the elderly increases, the demand for diagnostic imaging is on the rise in accurate and timely fashion.
There is a rise in computer-aided diagnosis tools assisting radiologists in the detection of early signs of diseases like cancer and heart conditions. The government has lately rolled out various policy guidelines to ensure that priority is given to innovation and efficiency of the healthcare system, in turn promoting the deployment of sophisticated imaging systems and digital health platforms in this domain.
The Japanese medical imaging equipment sector, on account of technological innovations and strategic initiatives seeking to fortify the diagnostic prowess. Canon Medical Systems attained a historical landmark in the evolution of CT imaging technology for the next-generation photon-counting computed tomography (CT) system.
In March 2025, Canon Medical Systems announced that it had started clinical research for its first Japanese-produced photon-counting CT system. This system utilizes advanced photon-counting detector technology to achieve higher spatial resolution and improved contrast sensitivity so as to accurately imaging and early detection of medical conditions. The clinical research aims to validate the system's performance and efficacy in real-world medical settings, paving the way for its broader adoption in clinical practice.
Asia Pacific Medical Imaging Equipment Market Company Profiles
GE HealthCare, Siemens Healthineers AG, FUJIFILM Holdings Corporation, CANON MEDICAL SYSTEMS CORPORATION, Koninklijke Philips N.V., and Shimadzu Corporation are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note:
All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.
The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:
The Asia Pacific Medical Imaging Equipment Market is valued at US$ 8,322.26 Million in 2024, it is projected to reach US$ 13,126.07 Million by 2031.
As per our report Asia Pacific Medical Imaging Equipment Market, the market size is valued at US$ 8,322.26 Million in 2024, projecting it to reach US$ 13,126.07 Million by 2031. This translates to a CAGR of approximately 6.7% during the forecast period.
The Asia Pacific Medical Imaging Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Medical Imaging Equipment Market report:
The Asia Pacific Medical Imaging Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Medical Imaging Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Medical Imaging Equipment Market value chain can benefit from the information contained in a comprehensive market report.
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