The global radiology market is experiencing robust growth, driven by increasing prevalence of chronic diseases, rising demand for early disease diagnosis, and rapid technological advancements in imaging modalities. In 2025, the radiology market is projected to reach approximately USD 45.8 billion, reflecting a CAGR of 6.8%. Regionally, North America leads with a 39% market share, supported by advanced healthcare infrastructure, high adoption of digital radiology solutions, and favorable reimbursement policies. Europe is growing steadily due to increasing investment in hospital imaging equipment and the adoption of AI-powered radiology tools, though regulatory approvals and high equipment costs pose challenges.
Radiology overview
Published by MMR Statistics Research Team, Updated