Radiology Devices companies

  • Report ID: 2989
  • Published Date: Jun 16, 2025
  • Report Format: PDF, PPT

Key Radiology Devices Market Players:

    A highly competitive market is experienced within the radiology devices market in the global platform. Approximately 65% of the market share is held by five key players in the radiology devices business. The key strategies that directed the business to gain a competitive edge include an AI-optimized workflow solution, cost optimization, and regulatory partnership. Siemens has launched AI-Rad Companion, which is integrated with AI assistance that reduces the imaging time and makes the diagnosis faster. On the contrary, Mindray launched cost cost-optimized product that costs approximately USD 13k for portable ultrasound devices. This boosted the market performance and positively impacted the revenue growth for the company. Canon focused on regulatory collaboration through PMDA-fast-tracked AI-assisted devices.

    Here is a list of key players operating in the global market:

    Company Name

    Country of Origin

    Market Share (2024)

    Industry Focus

    Siemens Healthineers

    Germany

    17.9%

    MRI/CT systems, AI-powered diagnostic solutions

    GE Healthcare

    U.S.

    16.02%

    Portable ultrasound, advanced CT scanners

    Philips Healthcare

    Netherland

    12.9%

    Hybrid imaging, tele-radiology platforms

    Canon Medical Systems

    Japan

    9.9%

    Low-dose CT, AI-based image reconstruction

    Fujifilm Holdings

    Japan

    7.8%

    Digital X-ray, mammography systems

    Hitachi Healthcare

    Japan

    xx%

    High-field MRI, oncology imaging solutions

    Hologic

    U.S.

    xx%

    Women's health imaging, 3D mammography

    Samsung Medison

    South Korea

    xx%

    Compact ultrasound, AI-assisted diagnostics

    Mindray Medical

    China

    xx%

    Cost-effective MRI/CT for emerging markets

    Shimadzu Corporation

    Japan

    xx%

    Fluoroscopy, interventional radiology systems

    Mindray Medical

    China

    xx%

    Cost-effective MRI/CT for emerging markets

    Shimadzu Corporation

    Japan

    xx%

    Fluoroscopy, interventional radiology systems

    Carestream Health

    U.S.

    xx%

    Digital radiography, mobile X-ray units

    Agfa-Gevaert

    Belgium

    xx%

    Radiology IT solutions, imaging software

    Esaote

    Italy

    xx%

    Specialty: MRI, musculoskeletal imaging

    NeuroLogica (Samsung)

    U.S.

    xx%

    Portable CT scanners, neuroimaging solutions

    Trivitron Healthcare

    India

    xx%

    Affordable X-ray and ultrasound systems

    Konica Minolta

    Japna

    xx%

    Digital radiography, AI-based workflow tools

    Allengers Medical

    India

    xx%

    Mobile C-arms, surgical imaging

    Varex Imaging

    U.S.

    xx%

    X-ray components, detectors

    Medonica Co.

    South Korea

    xx%

    Point-of-care ultrasound devices

    BMI Biomedical International

    Malaysia

    xx%

    Radiography systems for ASEAN markets

    Below are the areas covered for each company in the radiology devices market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In 2025, the industry size of radiology devices is evaluated at USD 46.4 billion.

Radiology devices market size was valued at USD 43.2 Billion in 2024 and is projected to cross USD 90.2 Billion by the end of 2037, expanding at more than 7.03% CAGR during the forecast period i.e., between 2025-2037

The radiology devices market in North America is the leading player within the global market and is predicted to achieve a market share of 40% in 2037

The major players in the market are Siemens Healthineers, GE Healthcare, Philips Healthcare, Canon Medical Systems, Fujifilm Holdings, Hitachi Healthcare, Hologic, Samsung Medison, Mindray Medical, Shimadzu Corporation, Mindray Medical, Shimadzu Corporation, Carestream Health, Agfa-Gevaert, Esaote, NeuroLogica (Samsung), Trivitron Healthcare, Konica Minolta, Allengers Medical, Varex Imaging, Medonica Co., BMI Biomedical International
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