US Diagnostic Imaging Services Market 2025 – 2034

As per the US Diagnostic Imaging Services Market analysis conducted by the CMI Team, the US diagnostic imaging services market is expected to record a CAGR of 7.52% from 2025 to 2034. In 2025, the market size was USD 154.47 Billion. By 2034, the valuation is anticipated to reach USD 296.73 Billion.

US Diagnostic Imaging Services Market Overview

Medical imaging is among the crucial diagnostic procedures that provide vital data with a higher level of safety and efficiency. The imaging services are inclusive of diverse imaging modalities such as nuclear medicine scans, MRI, ultrasound, CT scans, and X-Rays, which come across as non-invasive techniques meant for diagnosing several diseases.

Rise in the frequency of technological advancements in MRI modality and the broadening application of MRI in the medical field are the catalysts to the US diagnostic imaging services market. Plus, expansion of insurance coverage for diagnostic imaging is expected to boost the market further.

However, a dearth of well-trained radiologists has resulted in an increase in the overall turnaround time of the imaging results, thereby negating the patient outcome. These factors could restrain the US diagnostic imaging services market in the forecast period.

US Diagnostic Imaging Services Market Key Growth Drivers

• Growing Incidences of Chronic Diseases and Complications Concerned: The rising prevalence of chronic diseases has risen sharply in the US, thereby impacting a sizable portion of the populace. This ongoing trend is expected to bolster the diagnostic imaging services market in the forecast period, as a large number of diagnostic imaging services would be needed to detect cancers and various other abnormalities. Besides, the rise in the geriatric population that is susceptible to chronic ailments is contributing toward the growth of the US diagnostic imaging services market. As per the data published by the National Foundation for Cancer Research (NFCR), the American Cancer Society’s Cancer Facts & Figures 2024 states that the year 2024 was to witness 25,400 malignant tumors of the spinal cord and brain. It also states that around 90,000 brain tumors get diagnosed in the US every year, out of which 28% are looked upon as malignant. Additionally, cardiovascular disease is amongst the life-threatening health ailments in the US Those suffering from diabetes are at a higher risk of contracting complications related to the heart. This is evident from the data published by GE HealthCare in March 2023, which states that over 20.0 million US patients experience thoracic pain owing to cardiovascular abnormalities. Imaging methods such as MRI, X-Rays, and ultrasound play an important role in the diagnosis, staging, and tracking of the progression of several chronic conditions, especially the ones affecting the abdomen and the other soft tissues.

• Expansion of Diagnostic Centers: Over the last few years, demand for imaging services in diagnostic centers has increased in comparison with hospitals. This could be attributed to accessibility and affordability. Diagnostic centers are reported to offer lower cost imaging procedures as compared to hospitals. Additionally, key players are making their presence felt at large by opening novel diagnostic centers for enhancing accessibility of patients. For instance, LucidHealth, Inc., in March 2023, introduced its outpatient imaging center number 14 in Fort Myers, Florida, wherein it started offering advanced services such as breast biopsies and 3D mammography. In April 2022, Rayus Radiology and Froedtert and the Medical College of Wisconsin opened a novel imaging center in West Bend.

US Diagnostic Imaging Services Market Key Threats

• Dearth of Skilled Workforce: Shortage of skilled workforce results in declination or delay of procedures. For instance, the Mammography International Consortium of AI (MICA), in December 2022, released the data published by the Association of American Medical Colleges (AAMC), which stated that there would be a shortfall of almost 42K radiologists and other clinical specialists in the US by the year 2033. Medical schools have certainly increased the enrollments, but lower rates of acceptance are limiting the availability of radiologists in the country for fulfilling rising demand. Plus, a noticeable portion of the existing radiology workforce is nearing their retirement, accelerating the shortage further. As per data published by Medicus Healthcare Solutions, LLC, in January 2025, amongst the total number of active radiologists in the US, around 56% were aged 55 and above, whereas the number of trainees rose by merely 2.5%.

• Decrease in Reimbursement for Imaging Procedures: The present scenario is such that the decline in reimbursement rates regarding diagnostic imaging procedures along with the rise in prices of equipment are placing an additional financial burden on medium- and small-sized healthcare providers. It is a known fact that such facilities usually depend on third-party payers for reimbursements, thereby rendering them vulnerable to the ongoing deductions in reimbursement rates. Also, higher costs associated with the maintenance, acquisition, and operation of advanced imaging technologies are challenging to several healthcare facilities. NCBI published a study in September 2024 that Medicare reimbursements related to advanced imaging modalities, especially common spinal imaging procedures, witnessed notable reductions from 2005 to 2020.

US Diagnostic Imaging Services Market Opportunities

• Use of Artificial Intelligence (AI) in Medical Imaging: Artificial Intelligence (AI) algorithms are capable of analysing huge quantities of data, thereby identifying abnormalities and patterns that human observers may miss. This technology is vital for early characterization and detection of diseases inclusive of cancers, cardiovascular conditions, and neurological disorders. AI tools hold the capacity of automating tasks such as aortic valve analysis, pulmonary artery diameter evaluation, and carina angle measurement. They are also proficient in the detection of fractures, high-risk conditions such as pneumothorax, musculoskeletal injuries, reducing the false-negative rates, and enhancing patient outcomes. Plus, AI-powered systems can label and identify structures such as tumors and organs, thereby streamlining workflows for the healthcare professionals. In oncology, AI helps in the detection of cancer and suggests personalized treatment strategies. AI-based image segmentation lets clinicians target exclusive areas for pharmacological or surgical interventions. In radiology, AI improves detection of subtle anomalies in MRIs, CT scans, and X-Rays, thereby offering precision under the higher workloads. Increasing reliance on AI is expected to boost the US diagnostic imaging services market going forward. In November 2023, Radiology Partners introduced the RPX AI orchestration platform on Amazon Web Services (AWS) to simplify the deployment of AI medical imaging tools for hospitals.

What’s Trending in the US Diagnostic Imaging Services Market?

• The ongoing trend implies a rise in demand for mobile medical imaging, thanks to its highly portable nature. Research states that over four million medical imaging procedures are performed annually, with scan volumes likely to increase manifold with the rise in the complexity of diseases. Call for easy-to-use and portable devices for improving patient outcomes is likely to keep the cash registers running for mobile medical imaging in the forecast period.

• Teleradiology is turning out to be a standard practice, thereby letting healthcare providers send imaging data to the off-site specialists for analysis and improving access to care in underserved and rural areas. It also helps in quicker consultations with the imaging specialists, thereby reducing the requirement for in-person visits on the part of patients.

US Diagnostic Imaging Services Market Category wise Insights

By Procedure

• CT: CT (Computed Tomography) scanning comes across as one of the crucial diagnostic imaging services that make use of X-Rays for creating detailed images of the internal structures of the body. Such images, better called cross-sectional images/slices, let doctors diagnose a broad range of conditions inclusive of soft tissue injuries, fractures, cancers, and several other abnormalities in bones and organs. They can also be used for monitoring the effectiveness of the treatments, such as cancer therapy. According to data published by the OECD, the year 2021 saw the US conduct close to 84.5 million CT scan procedures, which was a sharp increase of 15.8% as compared to the previous year.

• MRI: Magnetic Resonance Imaging, better known as MRI, is one of the key diagnostic techniques used in diagnostic imaging services. It makes use of radio waves and strong magnets for creating tailored images of the tissues, internal organs, and structures, thereby helping in diagnosis as well as monitoring of several medical conditions. The major advantage of MRI scans is that they do not involve needles or radiation. The applications include diagnosis of a broad range of conditions such as brain disorders, tumors, neurological conditions, and the like.

• X-Ray: X-Ray imaging is among the common diagnostic tools that use a small quantity of radiation for creating images of the internal structures of the body – joints and bones in particular. Such images are used for diagnosing a plethora of conditions, including tumors, infections, and fractures. The advantages of X-Rays include non-invasion, being quick, and cost-effectiveness in comparison with the other imaging techniques. However, they are less effective as far as visualization of soft tissues like organs and muscles is concerned.

• Ultrasound: Ultrasound imaging, better known as sonography, implies a diagnostic imaging technique using sound waves for creating pictures of the internal body structures. It effectively visualizes tissues, organs, and blood vessels. As it is devoid of ionizing radiation, non-invasion and safety take center stage. Common uses include obstetrics, abdominal imaging, pelvic imaging, vascular imaging, musculoskeletal imaging, and assistance with injections. Biopsies and various other procedures.

By Application

• Cardiology: The cardiology segment is likely to witness the fastest CAGR during the forecast period due to rise in the incidences of cardiovascular ailments in the US The Center for Disease Control and Prevention (CDC) states that Vulvular Heart Disease (VHD) affects over 5.0 million individuals every year. The basic diagnostic imaging techniques in cardiology include echocardiography, cardiac MRI, cardiac CT, nuclear cardiology, electrocardiogram (ECG/EKG), and coronary angiography.

• Neurology: Neurology relies on diagnostic imaging services with regard to diagnosing and managing neurological conditions. The imaging techniques, such as CT scans, MRI, SPECT, and PET scans, provide vital information regarding the spinal cord, brain, and surrounding structures. Such images aid neurologists in identifying abnormalities such as strokes, tumors, vascular malformations, and the like.

• Oncology: Oncologic imaging, better known as ‘onco-imaging,’ plays an important role in the diagnosis, treatment, and monitoring of cancer, using several imaging techniques to provide information essential for oncologists. The techniques inclusive of MRI, CT, PET, and ultrasound help in the detection, staging, and assessment of response to treatment of tumors, along with identification of potential relapses.

• Orthopedics: Orthopedic diagnostic imaging makes use of several techniques, inclusive of X-Rays, MRIs, CT scans, and ultrasounds, for visualizing soft tissues, joints, and bones. Such imaging methods aid orthopedic surgeons in diagnosing injuries, assessing the extent of damage, and planning treatment pertaining to musculoskeletal conditions. X-Rays are a proper first-line test for suspected fractures, whereas MRIs are usually preferred when it comes to evaluating soft tissue injuries such as muscle damage or ligament tears.

• Gynecology: Diagnostic imaging services play a notable role in gynecology, with the primary tool of diagnosis being ultrasound. It helps in assessing fetal development as well. The other imaging modalities, such as MRIs and CT scans, are used for specific evaluations and addressing specific gynecological concerns. The other functionalities that can be assessed include pregnancy, infertility, ovarian tumors, uterine conditions, and pelvic pain.

By Payor

• Public Health Insurance: The public health insurance segment is expected to witness substantial growth during the forecast period. This is attributed to the rise in coverage of insurance programs sponsored by the government. As per data published by the US Census Bureau in September 2024, close to 36% of individuals in the US were covered under public health insurance in the year 2023.

• Private Health Insurance/Out-of-Pocket: The private health insurance/out-of-pocket segment held the largest share of the US diagnostic imaging services market in 2024. This could be credited to an increase in the number of working demographics adopting private insurance coverage. The US Census Bureau, in September 2024, published data that around 65% of individuals in the US had availed private health insurance in the year 2023.

By Setting

• Hospital In-patient: The hospital in-patient segment is driven by patients’ increasing preference for staying in hospitals, which, in turn, offer diagnosis as well as treatment under one roof. Commuting to the hospitals becomes cumbersome, especially for the geriatric population. With the US witnessing a rise in the aging population, hospital in-patient settings are preferred on a larger scale.

• Hospital Outpatient (HOPD): The hospital outpatient (HOPD) segment is likely to witness the highest CAGR in the near future, especially driven by the rise in patients’ preference for outpatient centers regarding imaging procedures, basically owing to their convenience and cost-effectiveness. Those on the move prefer HOPD treatment as they can effectively manage their time instead of staying in the hospital for something that can be done in a few hours.

• Freestanding Imaging Centers: The freestanding imaging centers segment is expected to witness a robust CAGR during the forecast period due to the cost-effectiveness, shorter wait times, specialized expertise, and cutting-edge technology associated with freestanding imaging centers. In August 2024, Prisma Health announced that it had launched its newfangled imaging centers in West Columbia and Greenville to offer imaging services such as X-Ray, CT, and MRI services at lower prices with more flexible options related to appointments.

What is the Contribution of Mid-range Scanners (~64-Slice) to the US Diagnostic Imaging Services Market?

Mid-range CT scanners are reported to perform angiography better as compared to low-range CT scanners. The characteristics, such as sensitivity and high speed, let healthcare professionals view walls of arteries for the formation of plaque and observe the tiniest of arterial branches and vessels, thereby making it the best-suited for heart-related studies.

In January 2020, Allergen launched ACUTOM 32, a new CT scanner, in collaboration with Canon Medical Systems Corporation. It is a 32-slice CT scanner that features a broad bore gantry of 32 cm, around 0.75 seconds of rotation time, and 2.0 MHU X-Ray tube. In January 2022, the Port Perry Hospital Foundation (PPHF) surpassed its goal of raising US$ 4 Million to get a CT scanner and the other essential equipment to Scugog healthcare center.

Report Scope

US Diagnostic Imaging Services Market Key Developments

The US diagnostic imaging services market is witnessing new product launches as well as collaborations on the part of key players to increase their market share. Some of the developments on this count are –

• In April 2025, Novant Health completed the acquisition of more than 15 medical imaging locations in the Charlotte region from OrthoCarolina in partnership with MedQuest Associates.

• In January 2025, Capitol Imaging Services announced that it had acquired DRH & Associates, Inc., with the objective of strengthening its radiology footprint in Texas.

• In December 2024, DeepHealth and Siemens Healthineers announced entering into a strategic collaboration to improve ultrasound workflows using SmartTechnology powered by AI.

• In February 2024, MedQuest Associates announced that it had entered into collaboration with GE HealthCare in order to provide digital tools for outpatient imaging centers.

US Diagnostic Imaging Services Market Competitive Landscape

The US diagnostic imaging services market is highly competitive, with a large number of product providers globally. Some of the key players in the market include:

• RadNet Inc.
• Akumin Inc.
• RAYUS Radiology
• MedQuest Associates
• LucidHealth Inc.
• US Radiology Specialists
• Radiology Partners
• Envision Radiology
• Capitol Imaging Services
• InHealth Group
• Novant Health
• Sonic Healthcare
• Alliance Medical
• Concord Medical Services Holdings Limited
• Hologic Inc.
• Others

These players apply a series of strategies to enter the market, including innovations, mergers and acquisitions, as well as collaboration.

The global US diagnostic imaging services market is shaped by the presence of diversified players that compete based on product innovation, vertical integration, and cost efficiency.

The US Diagnostic Imaging Services Market is segmented as follows:

By Procedure

• CT
• MRI
• X-Ray
• Ultrasound

By Application

• Cardiology
• Neurology
• Oncology
• Orthopedics
• Gynecology

By Payor 

• Public Health Insurance
• Private Health Insurance/Out-of-Pocket

By Setting

• Hospital In-patient
• Hospital Outpatient (HOPD)
• Freestanding Imaging Centers)

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