Rising Demand for Early Disease Detection and AI-Enabled Imaging Drives Steady Market Expansion Through 2031

SHERIDAN, Wyo., Sept. 16, 2026 /PRNewswire/ — The global diagnostic imaging market is projected to grow from USD 26.5 billion in 2026 to USD 33.2 billion by 2031, registering a CAGR of 4.6% during the forecast period (2026–2031), according to a new study by Wissen Research.

Growth is being driven by rising chronic disease prevalence, an expanding geriatric population, and increasing demand for earlier and more precise disease detection. AI-assisted imaging, 3D/4D visualization, and portable imaging devices are improving diagnostic accuracy, streamlining radiology workflows, and extending imaging access across hospitals, outpatient clinics, emergency settings, and rural healthcare facilities.

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Where the Technology Is Heading: AI Moves Into the Scanner Itself

The most significant shift in diagnostic imaging is not happening after the scan — it is happening during it. Major manufacturers are embedding deep learning reconstruction (DLR) algorithms directly into image acquisition pipelines, clearing signal-level noise as data is captured rather than cleaning up images afterward.

The clinical impact is measurable. GE HealthCare’s Sonic DL sequence now enables complex multi-sequence brain and joint MRI protocols to complete in under 15 minutes, allowing hospitals to increase daily throughput per scanner substantially without new capital equipment. Radiology remains the leading specialty for AI-enabled device clearances, with more than 1,100 cleared by the U.S. FDA to date.

Alongside this, cloud-native PACS and teleradiology platforms are replacing on-premise image archives, enabling remote reads across multi-site networks and reducing reporting turnaround times. Photon-counting CT and hybrid imaging systems are pushing resolution higher while lowering radiation dose, supporting earlier detection in oncology, cardiology, and neurology.

What’s Fueling Growth in the Diagnostic Imaging Market

AI-Enabled Imaging Adoption: AI-based systems are improving diagnostic precision, shortening scan-to-diagnosis time, and raising patient throughput across care settings.Cloud PACS and Teleradiology Expansion: Remote reading platforms are accelerating reporting and improving specialist access across distributed hospital networks.Photon-Counting CT Commercialization: Ultra-high-definition imaging with reduced radiation exposure is shortening replacement cycles for high-end equipment.Portable and Handheld Imaging: Point-of-care ultrasound and mobile systems are expanding diagnostic access in emergency departments, outpatient centers, and rural facilities.Safer Contrast Agents: Non-nephrotoxic imaging options are extending diagnostic access to chronic kidney disease patients.Certified Refurbished Systems: Lower capital barriers are enabling imaging infrastructure expansion across developing markets.

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Challenges Facing the Diagnostic Imaging Market

Reimbursement compression is emerging as the sector’s most pressing operational constraint. The Centers for Medicare & Medicaid Services introduced an efficiency adjustment in the 2026 Medicare Physician Fee Schedule that permanently reduces work relative value units by 2.5% across roughly 7,700 diagnostic and procedural codes. New combined head and neck CTA codes have produced global payment reductions of up to 30.8%. The result is a growing misalignment between what providers invest in premium scanners and what public payers reimburse — pushing many networks to extend equipment life cycles rather than upgrade.

Beyond reimbursement, high acquisition and maintenance costs for MRI and CT systems remain a barrier for community hospitals and providers in developing markets. A persistent shortage of qualified radiologists is contributing to reporting backlogs, while the shift to cloud-based imaging raises data security and cybersecurity considerations for healthcare providers.

Recent Strategic Developments in the Diagnostic Imaging Market

In May 2026, GE HealthCare introduced next-generation SIGNA MRI technologies and AI-based workflow solutions at ISMRM 2026, including new 3T and helium-free MRI systems, deep learning imaging technologies, and cloud-based research tools.

Also in May 2026, Siemens Healthineers launched an integrated workflow solution for CT-guided percutaneous coronary interventions, combining CT imaging, plaque analysis, procedural planning, and cath lab guidance in a single application.

In March 2026, Samsung Medison consolidated its U.S. medical imaging divisions, NeuroLogica and Boston Imaging, under the Samsung HME America brand, expanding into AI ultrasound, digital radiography, portable CT, and photon-counting detector technologies.

In February 2026, Fujifilm Holdings launched the ARIETTA Deep Insight x ultrasound platform, applying AI and deep learning to improve image quality, with automated workflow tools and real-time virtual sonography.

Key Insights from Diagnostic Imaging Market Analysis

X-ray systems led the market by modality in 2025, supported by the highest global procedure volumes of any modality, lower installation and shielding requirements, and continued analog-to-digital replacement demand.2D imaging held the largest share by technology type in 2025, driven by faster acquisition and turnaround times, lower infrastructure needs, and the fact that most AI triage algorithms were built around standard 2D radiography and ultrasound workflows.North America held the largest regional share in 2025, supported by strong reimbursement, high per-capita imaging volumes, and large health systems with significant purchasing capacity.Asia-Pacific is the fastest-growing region, driven by healthcare infrastructure expansion, rising healthcare expenditure, and growing adoption of AI-enabled and portable imaging across urban and underserved areas.

Key Players in the Diagnostic Imaging Market

Leading companies are focused on embedding AI into imaging platforms, expanding cloud and enterprise imaging capabilities, and broadening portable and point-of-care portfolios.

Regional Analysis and Growth Opportunities

North America leads the diagnostic imaging market, underpinned by advanced healthcare infrastructure, high imaging procedure volumes, favorable reimbursement for advanced modalities, and sustained hospital investment in premium imaging technology. An aging population and the formation of large health networks and group purchasing organizations continue to support long-term equipment and service contracts.

Asia-Pacific is the fastest-growing region, propelled by healthcare infrastructure expansion, rising healthcare expenditure, and improving access to advanced diagnostics across China, India, Japan, South Korea, and Australia. Government investment in healthcare modernization and the growth of private hospitals and imaging centers are accelerating adoption, while AI-enabled and portable systems are extending diagnostic capability into underserved areas.

Europe, Latin America, and the Middle East & Africa complete the report’s regional coverage, with growth shaped by screening program expansion and imaging infrastructure investment.

Wissen Research’s healthcare technology analysts are available to walk through findings specific to your market, region, or competitive set.

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Market Segmentation Snapshot

The global diagnostic imaging market is segmented across modality, technology, portability, architecture, application, end user, and region:

By Modality Type: X-RayUltrasoundComputed Tomography (CT)Magnetic Resonance Imaging (MRI)Nuclear Imaging (PET/SPECT)MammographyFluoroscopyBy Technology Type: 2D Imaging3D/4D ImagingAI-Enabled ImagingPortable/Point-of-Care ImagingCloud-Based Imaging InformaticsBy Portability Type: Fixed Imaging SystemsPortable/Mobile Imaging SystemsBy Source/Architecture Type: Standalone Imaging SystemsHybrid Imaging Systems (PET-CT, SPECT-CT, PET-MRI)By Application Type: CardiologyOncologyNeurologyOrthopedicsGynecology & ObstetricsPulmonologyGastroenterologyBy End User: HospitalsDiagnostic Imaging CentersAmbulatory Surgical CentersSpecialty ClinicsResearch & Academic InstitutesBy Region: North AmericaEuropeAsia-PacificLatin AmericaMiddle East & Africa

As AI-enabled imaging, photon-counting CT, and cloud-based radiology continue to mature, diagnostic imaging remains a cornerstone of modern healthcare infrastructure. For manufacturers and providers, the path forward lies in balancing continued technology investment against tightening reimbursement, while extending imaging access into outpatient, portable, and underserved care settings.

Get the Complete Diagnostics Imaging Market Report — Forecasts, Insights & Growth Opportunities: https://www.wissenresearch.com/market-research-reports-pricings/diagnostic-imaging-market/

Frequently Asked Questions

Q: What is the size of the diagnostic imaging market? A: The global diagnostic imaging market is estimated at USD 26.5 billion in 2026 and is projected to reach USD 33.2 billion by 2031.

Q: What is the growth rate of the diagnostic imaging market? A: The diagnostic imaging market is projected to grow at a CAGR of 4.6% between 2026 and 2031.

Q: Which modality holds the largest share of the diagnostic imaging market? A: X-ray systems held the largest share by modality in 2025, supported by the highest global procedure volumes and lower installation and infrastructure requirements compared with other modalities.

Q: Which region leads the diagnostic imaging market? A: North America held the largest share of the diagnostic imaging market in 2025, while Asia-Pacific is the fastest-growing region through 2031.

Q: Who are the key players in the diagnostic imaging market? A: Leading companies in the diagnostic imaging market include GE HealthCare, Siemens Healthineers, Philips, Canon Medical Systems, and Fujifilm Holdings.

Q: How is AI changing diagnostic imaging? A: AI is being embedded directly into image acquisition through deep learning reconstruction algorithms, reducing noise at the signal level, shortening scan times, and enabling automated lesion detection and workflow prioritization for radiologists.

Expert Profile | Mayur Jain, Wissen Research

Mayur Jain is a Research Expert at Wissen Research with multidomain expertise with more than 12+ years of experience in market research industry. 

Email: mayur@wissenresearch.com
LinkedIn:  https://www.linkedin.com/in/mayur-jain-0190542a/ 

About Wissen Research

Wissen Research is a global market intelligence and consulting firm specializing in healthcare, life sciences, technology, and emerging industries. The company provides data-driven insights, strategic market analysis, and industry forecasts to help organizations make informed business decisions and identify new growth opportunities across global markets

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NERVA Energy to support deep energy retrofits across selected Morguard properties

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Morguard has established a $145 million Morguard ReNew Fund supported by its partnersThe Morguard ReNew Fund supports retrofits which will reduce energy use and help lower long-term operating costs, with a minimum 30 per cent reduction in emissionsMorguard and NERVA Energy will complete deep energy retrofits and optimization projects across a diverse portfolio of residential and commercial properties in CanadaUpgrades will modernize mechanical systems and support fuel switching to low-carbon heating and hot water options, including heat pumps and the use of district energy

TORONTO, Sept. 16, 2026 /CNW/ — The Canada Infrastructure Bank (CIB) has reached financial close on a $100 million loan with Morguard Corporation to enable energy‑efficient retrofits across a portfolio of approximately 30 properties in Canada.

Morguard is a fully integrated real estate firm with more than $24.2 billion in assets under management across North America. Morguard will collaborate with NERVA Energy, a multi‑disciplinary engineering firm specializing in energy performance, to design and implement the retrofit projects across the portfolio.

The loan, coupled with an equity commitment from Morguard and its investors through the newly established Morguard ReNew Fund, will support portfolio-scale building upgrades across Morguard’s multi-suite residential and commercial buildings, including retail, office and industrial properties. Upgrades are expected to include improvements to optimize building systems and mechanical equipment, along with low-carbon heating and hot water solutions.

NERVA Energy is serving as the technical and delivery partner, providing integrated engineering and implementation across participating properties. The projects are focused on improving building performance, reducing emissions and supporting long-term operational efficiency.

The upgrades are expected to reduce annual emissions by approximately 35,246 tonnes of CO₂e across participating properties, while improving building performance and long-term operational efficiency.

The CIB’s loan is provided through its Building Retrofits Initiative, which offers low-cost, long-term financing to help building owners overcome high upfront costs and long payback periods associated with deep energy retrofits.

Endorsements:

Delivering deep retrofits at scale takes strong collaboration between building owners, technical experts, and long‑term capital. Working with Morguard and NERVA Energy, we’re accelerating deep retrofits that reduce energy use, save owners long‑term operating expenses and cut emissions.
Ehren Cory, CEO, Canada Infrastructure Bank

Through investments like this, the Canada Infrastructure Bank is helping building owners make the upgrades needed to cut emissions, lower energy costs, and extend the life of the building. These large-scale retrofits will modernize buildings across Ontario and Quebec while supporting a cleaner economy and more resilient communities for generations to come.
Hon. Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada

This $100 million investment through the Canada Infrastructure Bank will help modernize buildings across Canada, reduce emissions by more than 35,000 tonnes annually, and improve long-term energy efficiency. By partnering with Morguard and NERVA Energy, we are supporting practical solutions that strengthen our building infrastructure while advancing Canada’s clean economy.
Hon. Shafqat Ali, President of the Treasury

Establishing the Morguard ReNew Fund, with support from CIB, advances our ongoing efforts to strengthen the performance, efficiency and resilience of our properties over time. By implementing retrofit upgrades across selected assets, we are improving building operations, reducing emissions and continuing to position our portfolio for long-term value creation.
Angela Sahi, President and Chief Executive Officer, Morguard Corporation

This is a clear example of where the industry is heading. Retrofit programs are no longer conceptual or fragmented, they are becoming structured, measurable and scalable. We are proud to support Morguard in delivering tangible performance improvements across their portfolio while advancing Canadian expertise in this space.
Rob Hallewick, Chief Executive Officer, NERVA Energy

Learn More:

Morguard Corporation
NERVA Energy

Morguard Corporation

Morguard Corporation is a real estate investment company listed on the Toronto Stock Exchange (TSX: MRC). The company and its subsidiaries, Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN), own a diversified portfolio of real estate assets across multiple classes, including office, industrial, retail, multi-suite residential and hotel. Morguard also provides real estate management services to institutional and other investors. As of June 30, 2026, Morguard’s owned and managed portfolio of assets was valued at $24.2 billion.

For more information, visit www.morguard.com or follow on LinkedIn and Instagram.

NERVA Energy

NERVA Energy is a Canadian multidisciplinary engineering firm specializing in the delivery of high-performance building retrofit solutions. Combining in-house engineering expertise with field execution capabilities, NERVA provides turnkey programs that optimize building systems, improve energy performance, and enhance overall asset quality.

With a focus on measurable outcomes and accountability, NERVA’s solutions are supported by performance guarantees, ensuring that projected results are realized in practice. The firm works with building owners and institutional partners to deliver scalable retrofit programs that improve efficiency, reduce emissions, and strengthen long-term asset performance.

SOURCE Canada Infrastructure Bank

NEW YORK, Sept. 16, 2026 /PRNewswire/ — Millennium Partners Management experienced data security incident involving the personal information of some customers and employees.

On April 27, 2026, Millennium discovered a network disruption. It took immediate action to secure its network and engaged outside cybersecurity specialists to investigate. As part of the investigation, Millennium learned that its network suffered unauthorized access at times between April 24, 2026, and April 26, 2026. On July 9, 2026, it confirmed that personal information from its network had been accessed and acquired. The information may have included Social Security numbers.

Upon becoming aware of the disruption, Millennium took immediate steps to secure its systems and enhance its security posture. In addition, Millennium established a toll-free professional call center to answer questions about the incident.

Generally, it is best practice to remain vigilant for risk of identity theft and fraud by reviewing and monitoring your account statements and credit reports for suspicious activity and errors. If you discover any suspicious or unusual activity on your accounts, promptly contact your financial institution or service provider. Individuals are entitled to one free credit report annually from each of the three major credit reporting bureaus: TransUnion, Experian, and Equifax. To order a free credit report, visit www.annualcreditreport.com or call 1-877-322-8228.

For further information, individuals may contact a professional call center at 1-800-405-6108, 8:00 a.m. to 8:00 p.m. Eastern Time, Monday through Friday, excluding federal holidays.

Joshua Mooney, joshua.mooney@kennedyslaw.com

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SOURCE Kennedys CMK LLP