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Home ➤ Life Science ➤ Biotechnology ➤ Bio-imaging Market
Bio-imaging Market
Bio-imaging Market
Published date: March 2025 • Formats:
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  • Home ➤ Life Science ➤ Biotechnology ➤ Bio-imaging Market

Global Bio-imaging Market By Technology (Magnetic Resonance Imaging (MRI), Computed Tomography (CT), X-ray Imaging, Ultrasound Imaging, Molecular Imaging, Optical Imaging, and Others), Application (Cell Biology, Neuroscience, Developmental Biology, Cancer Research, and Others), End-use (Hospitals and Clinics, Diagnostic Imaging Centers, Research Institutions and Academic Centers, Pharmaceutical and Biotechnology Companies, Contract Research Organizations (CROs), and Others), Region and Companies – Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2025-2034

  • Published date: March 2025
  • Report ID: 141792
  • Number of Pages: 321
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
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    • Report Overview
    • Key Takeaways
    • Technology Analysis
    • Application Analysis
    • End-user Analysis
    • Key Market Segments
    • Drivers
    • Restraints
    • Opportunities
    • Impact of Macroeconomic / Geopolitical Factors
    • Latest Trends
    • Regional Analysis
    • Key Players Analysis
    • Recent Developments
    • Report Scope

    Report Overview

    Global Bio-imaging Market size is expected to be worth around US$ 26.37 billion by 2034 from US$ 6.75 billion in 2024, growing at a CAGR of 14.6% during the forecast period 2025 to 2034. In 2023, North America led the market, achieving over 37.8% share with a revenue of US$ 2.55 Billion.

    Bio-imaging refers to the use of various imaging techniques to visualize and analyze biological processes, structures, and phenomena in living organisms or tissues. It is widely applied in medical diagnostics, research, and therapeutic monitoring. Common bio-imaging methods include MRI (Magnetic Resonance Imaging), CT (Computed Tomography), PET (Positron Emission Tomography), fluorescence microscopy, and confocal microscopy.

    These techniques allow for the non-invasive observation of cellular and molecular functions, aiding in disease detection, drug development, and understanding biological systems. Bio-imaging provides critical insights into anatomy, pathology, and the dynamics of biological processes at both macroscopic and microscopic levels.

    Bio-imaging Market Size

    The bio-imaging market is a rapidly growing segment driven by advancements in medical imaging technologies, increasing research funding, and a rising demand for early disease detection. The market is also bolstered by the rise of personalized medicine and the growing focus on non-invasive imaging methods.

    North America leads the market due to advanced healthcare infrastructure, while Asia-Pacific is expected to witness significant growth. The market is anticipated to continue expanding with innovations in imaging technologies and expanding healthcare applications.

    Key Takeaways

    • In 2024, the market for Bio-imaging generated a revenue of US$ 75 billion, with a CAGR of 14.6%, and is expected to reach US$ 26.37 billion by the year 2033.
    • The product type segment is divided into Magnetic Resonance Imaging (MRI), Computed Tomography (CT), X-ray Imaging, Ultrasound Imaging, Molecular Imaging, Optical Imaging, and Others, with Magnetic Resonance Imaging (MRI) taking the lead in 2023 with a market share of 27.9%.
    • By Application, the market is bifurcated into Cell Biology, Neuroscience, Developmental Biology, Cancer Research, and Others, with cancer research leading the market with 38.9% of market share.
    • Furthermore, concerning the end-use segment, the market is segregated into Hospitals and Clinics, Diagnostic Imaging Centres, Research Institutions and Academic Centres, Pharmaceutical and Biotechnology Companies, Contract Research Organizations (CROs), and Others. The Hospitals and Clinics stands out as the dominant segment, holding the largest revenue share of 35.5% in the Bio-imaging market.
    • North America led the market by securing a market share of 37.8% in 2023.

    Technology Analysis

    Magnetic Resonance Imaging (MRI) is the dominating segment with 27.9% of market share in the bio-imaging market due to its non-invasive nature and high-resolution imaging capabilities, which make it ideal for visualizing soft tissues in the human body. MRI is widely used in diagnosing conditions related to the brain, spine, muscles, and organs like the heart and liver.

    It offers advantages such as the absence of ionizing radiation and the ability to produce detailed 3D images, making it essential in clinical practice and research. Technological advancements in MRI, such as functional MRI (fMRI) and diffusion tensor imaging (DTI), have further enhanced its applications in neuroscience and oncology. The increasing prevalence of chronic diseases, the aging population, and a growing demand for accurate diagnostics are driving MRI market growth.

    Application Analysis

    Cancer Research is the dominating application segment with 38.9% of market share in the bio-imaging market. The ability to visualize tumors, track their progression, and monitor the effects of treatments has made bio-imaging an indispensable tool in oncology. Imaging techniques like MRI, PET, and molecular imaging are critical for detecting cancer at early stages, assessing tumor size and metastasis, and evaluating the efficacy of therapies.

    The growing global incidence of cancer and the increasing focus on precision medicine have significantly boosted the demand for advanced imaging tools in cancer research. Furthermore, innovations such as tumor-specific biomarkers and the integration of imaging with therapeutic approaches are advancing cancer diagnosis and treatment. Bio-imaging also plays a crucial role in understanding cancer biology, exploring new drug candidates, and optimizing treatment regimens.

    End-user Analysis

    Hospitals and Clinics represent the dominating end-user segment in the bio-imaging market with taking a significant share of the market of 35.5%. These healthcare settings are major consumers of bio-imaging technologies due to their critical role in patient diagnosis, treatment planning, and monitoring.

    Imaging techniques such as MRI, CT scans, and X-ray imaging are integral in routine clinical practices for diagnosing a wide range of conditions, from fractures and infections to complex diseases like cancer and neurological disorders. The growing demand for early disease detection, coupled with advancements in imaging technology, is driving the adoption of bio-imaging systems in hospitals and clinics.

    Bio-imaging Market Share

    Key Market Segments

    By Technology

    • Magnetic Resonance Imaging (MRI)
    • Computed Tomography (CT)
    • X-ray Imaging
    • Ultrasound Imaging
    • Molecular Imaging
    • Optical Imaging
    • Others

    By Application

    • Cell Biology
    • Neuroscience
    • Developmental Biology
    • Cancer Research
    • Others

    By End-user

    • Hospitals and Clinics
    • Diagnostic Imaging Centers
    • Research Institutions and Academic Centers
    • Pharmaceutical and Biotechnology Companies
    • Contract Research Organizations (CROs)
    • Others

    Drivers

    Increasing Prevalence of Chronic Diseases

    The growing prevalence of chronic diseases, including cardiovascular conditions, diabetes, cancer, and neurological disorders, is a significant driver for the bio-imaging market. According to WHO data, in 2021, non-communicable diseases (NCDs) were responsible for at least 43 billion deaths, accounting for 75% of all non-pandemic-related fatalities worldwide.

    Of these, 18 billion people died from an NCD before reaching the age of 70, with 82% of these premature deaths occurring in low- and middle-income countries. In total, 73% of all NCD-related deaths took place in low- and middle-income nations. Cardiovascular diseases were the leading cause of NCD deaths, claiming at least 19 billion lives in 2021, followed by cancers, which caused 10 billion deaths, chronic respiratory diseases at 4 billion, and diabetes, including deaths from kidney disease related to diabetes, at over 2 billion.

    Early diagnosis and continuous monitoring are critical in managing chronic diseases effectively, and bio-imaging technologies like MRI, CT, and molecular imaging play an essential role in this. As the global population ages and lifestyles change, the incidence of these diseases is on the rise, creating an increasing demand for accurate and non-invasive diagnostic tools.

    Bio-imaging techniques are crucial for detecting early-stage diseases, monitoring progression, and assessing the effectiveness of treatments. The ability of imaging systems to provide real-time, high-resolution images makes them indispensable for chronic disease management. As healthcare systems focus more on preventive care, the bio-imaging market is expanding, driven by the need for reliable diagnostic solutions that can help improve patient outcomes and reduce long-term healthcare costs.

    Restraints

    High Cost of Imaging Systems

    The substantial upfront investment and ongoing maintenance costs of advanced bio-imaging systems are major constraints in the market. Technologies such as MRI, CT scanners, and PET machines require significant capital outlay, making them expensive for smaller hospitals, clinics, and research facilities. Along with the initial purchase price, these systems incur recurring costs for maintenance, calibration, and skilled personnel, further increasing their total cost of ownership.

    This financial burden limits the accessibility of advanced bio-imaging equipment, particularly in low- and middle-income countries with limited healthcare budgets. Consequently, the high cost of these imaging technologies hampers their widespread adoption and slows the overall market growth. Although ongoing technological innovations aim to reduce costs, the high financial barriers associated with these systems continue to pose a significant challenge, restricting their full integration into healthcare systems worldwide.

    For instance, basic models can range from $20,000 to $50,000; mid-range systems can range between between $50,000 and $100,000; and high-end models can exceed $100,000, but provide comprehensive capabilities such as high-throughput screening, live-cell imaging, and 3D imaging, making them suitable for more complex applications.

    Opportunities

    Integration of Artificial Intelligence (AI)

    The integration of Artificial Intelligence (AI) in bio-imaging presents a significant growth opportunity for the market. AI technologies, particularly machine learning and deep learning algorithms, are enhancing the efficiency, accuracy, and capabilities of imaging systems. AI can automate the analysis of imaging data, reduce human error, and provide faster, more reliable diagnostics.

    This is particularly useful in complex applications such as early-stage cancer detection, neurological disease diagnosis, and personalized medicine. By improving image processing and diagnostic decision-making, AI can help clinicians interpret large volumes of imaging data quickly and with greater precision.

    Furthermore, AI-powered systems can continuously learn from new data, leading to ongoing improvements in diagnostic accuracy. Companies in the market are focusing on collaborations to imoplaement AI in bioimaging systems for streamlining clinical workflows which holds the potential to reduce operational costs and improve patient outcomes.

    For instance, in February 2025, Enlitic, Inc., a leader in healthcare imaging data solutions, and its subsidiary Laitek, have announced a strategic collaboration with GE HealthCare, a global innovator in medical technology, pharmaceutical diagnostics, and digital solutions. This partnership aims to facilitate large-scale, AI-driven medical imaging migrations by leveraging standardized, high-quality imaging data that is essential for effective Enterprise Imaging solutions.

    By optimizing application migration, the collaboration will enable healthcare providers around the world to more efficiently adopt advancements in diagnostic capabilities and improve care decision-making. This initiative is set to accelerate the integration of cutting-edge imaging technologies in healthcare systems globally.

    Impact of Macroeconomic / Geopolitical Factors

    Macroeconomic and geopolitical factors significantly impact the bio-imaging market, influencing both demand and supply dynamics. Economic downturns or recessions can lead to reduced healthcare budgets, which may limit the ability of hospitals, clinics, and research institutions to invest in advanced imaging technologies. Conversely, periods of economic growth can boost healthcare spending, driving demand for cutting-edge bio-imaging systems.

    Geopolitical instability, such as trade tensions, political unrest, or regional conflicts, can disrupt supply chains for critical components used in imaging equipment, leading to delays, shortages, and price hikes. Additionally, differences in healthcare policies, particularly in emerging markets, can affect the adoption of bio-imaging technologies.

    Countries with strong healthcare infrastructure and favorable regulatory environments tend to see higher adoption rates, while others may face barriers due to political or economic challenges. Moreover, international collaborations and investments in medical research are influenced by geopolitical relations, impacting the development and distribution of bio-imaging solutions globally.

    Latest Trends

    Shift Toward Portable and Point-of-Care Imaging

    The shift toward portable and point-of-care (POC) imaging is a key trend in the bio-imaging market, driven by the need for more accessible, efficient, and cost-effective diagnostic solutions. Portable imaging systems, such as handheld ultrasound devices and compact MRI machines, allow for faster diagnosis at the patient’s bedside or in remote areas, reducing the need for patients to travel to large medical facilities.

    This trend is particularly beneficial in emergency settings, rural regions, and low-resource environments. Point-of-care imaging enables immediate decision-making, improving patient outcomes and reducing healthcare costs.

    As technological advancements make these devices more affordable and portable, the adoption of POC imaging is expanding, revolutionizing diagnostic processes and offering greater convenience for both patients and healthcare providers. This shift is expected to continue growing, especially with increasing demand for non-invasive, real-time diagnostics.

    Regional Analysis

    North America is leading the Bio-imaging Market

    North America is the leading region, with the U.S. and Canada dominating the market with 37.8% market share. This is primarily due to the advanced healthcare systems, significant investment in medical research, and high adoption of cutting-edge bio-imaging technologies. The region benefits from the presence of major medical device manufacturers, robust healthcare funding, and a high demand for early diagnosis and personalized medicine.

    Additionally, an aging population and high prevalence of chronic diseases are fueling growth. In December 2020, the Chan Zuckerberg Initiative (CZI) revealed nearly $32 billion in funding to support biomedical imaging researchers, technology development, and the BioImaging North America international network, which connects bioimaging facilities and communities. This funding is intended to advance the field of bioimaging and foster collaboration among researchers and institutions.

    Additionally, CZI launched a new Request for Applications (RFA) focused on supporting the development of technologies that enable researchers to visualize the inner workings of cells, including proteins, at near-atomic resolution. These advancements aim to provide deeper insights into the mechanisms behind diseases and facilitate the development of more targeted treatments.

    Europe holds a substantial share of the bio-imaging market, with countries like Germany, the U.K., and France contributing to market expansion. The European market benefits from strong healthcare systems, government support for medical research, and increasing demand for diagnostic imaging in oncology and neurology.

    Bio-imaging Market Region

    Key Regions and Countries

    North America

    • US
    • Canada

    Europe

    • Germany
    • France
    • The UK
    • Spain
    • Italy
    • Russia
    • Netherland
    • Rest of Europe

    Asia Pacific

    • China
    • Japan
    • South Korea
    • India
    • Australia
    • New Zealand
    • Singapore
    • Thailand
    • Vietnam
    • Rest of APAC

    Latin America

    • Brazil
    • Mexico
    • Rest of Latin America

    Middle East & Africa

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA

    Key Players Analysis

    Key players in the Bio-imaging market includes Bracco Imaging S.P.A, Bayer HealthCare Pharmaceuticals, Esaote S.p.A, Digirad Corporation, FONAR Corporation, GE Healthcare, Hologic Inc., Hitachi Medical Corporation, Lantheus Medical Imaging, Inc., Covidien Pharmaceuticals, Mindray Medical International Limited., Gamma Medica Inc., Samsung Medison Co., Ltd., Philips Healthcare, Canon Medical Systems, and Other Key Players.

    Bracco Imaging S.P.A. is a global leader in the field of diagnostic imaging, specializing in the development of contrast agents and imaging equipment. Bayer HealthCare Pharmaceuticals is a key player in the bio-imaging market, offering a range of imaging products and contrast agents for use in MRI, CT, and molecular imaging.

    Bayer’s emphasis on improving diagnostic efficiency and treatment outcomes positions it as a leading contributor to advancements in medical imaging technologies. Esaote S.p.A. is a prominent manufacturer of medical imaging equipment, specializing in ultrasound and MRI systems.

    Top Key Players

    • Bracco Imaging S.P.A
    • Bayer HealthCare Pharmaceuticals
    • Esaote S.p.A
    • Digirad Corporation
    • FONAR Corporation
    • GE Healthcare
    • Hologic Inc.
    • Hitachi Medical Corporation
    • Lantheus Medical Imaging, Inc.
    • Covidien Pharmaceuticals
    • Mindray Medical International Limited.
    • Gamma Medica Inc.
    • Samsung Medison Co., Ltd.
    • Philips Healthcare
    • Canon Medical Systems
    • Other Key Players

    Recent Developments

    • In February 2024, Bruker Corporation announced the acquisition of Spectral Instruments Imaging LLC, a prominent provider of preclinical in-vivo optical imaging systems. This acquisition enhances the technology and product offerings of Bruker’s BioSpin Preclinical Imaging (PCI) division, expanding its portfolio of preclinical solutions for disease research.
    • In May 2023, Revvity, Inc. unveiled its upgraded imaging portfolio, aimed at advancing innovation across a wide range of preclinical research applications, with the launch of three new systems. These include the next-generation IVIS Spectrum 2 and IVIS SpectrumCT 2 imaging systems, which enhance versatility and sensitivity in in vivo optical imaging. Additionally, the QuantumTM GX3 microCT structural imaging solution is introduced, offering improved resolution and speed for both in vivo and ex vivo imaging. This system is designed to support researchers in studying disease biology and accelerating the evaluation of therapeutic candidates.
    • In October 2022, Researchers at the University of Illinois Urbana-Champaign will utilize funding from the National Institute of Biomedical Imaging and Bioengineering (NIBIB) at the National Institutes of Health (NIH) to establish a national collaborative Biomedical Technology Research Resource. The initiative aims to develop label-free optical imaging technologies for use in medical and biological applications.
    • In May 2020, Fluidigm Corporation, a leading biotechnology tools provider focused on enhancing life through comprehensive health insights, has announced the launch of its new Therapeutic Insights Services business. This new venture aims to offer researchers sample-to-answer mass cytometry and Imaging Mass Cytometry (IMC) services, catering to a wide array of research needs.

    Report Scope

    Report Features Description
    Market Value (2024) US$ 6.75 billion
    Forecast Revenue (2034) US$ 26.37 billion
    CAGR (2025-2034) 14.6%
    Base Year for Estimation 2023
    Historic Period 2020-2023
    Forecast Period 2025-2034
    Report Coverage Revenue Forecast, Market Dynamics, COVID-19 Impact, Competitive Landscape, Recent Developments
    Segments Covered By Technology (Magnetic Resonance Imaging (MRI), Computed Tomography (CT), X-ray Imaging, Ultrasound Imaging, Molecular Imaging, Optical Imaging, and Others), Application (Cell Biology, Neuroscience, Developmental Biology, Cancer Research, and Others), End-use (Hospitals and Clinics, Diagnostic Imaging Centers, Research Institutions and Academic Centers, Pharmaceutical and Biotechnology Companies, Contract Research Organizations (CROs), and Others)
    Regional Analysis North America – US, Canada; Europe – Germany, France, The UK, Spain, Italy, Russia, Netherlands, Rest of Europe; Asia Pacific – China, Japan, South Korea, India, Australia, New Zealand, Singapore, Thailand, Vietnam, Rest of APAC; Latin America – Brazil, Mexico, Rest of Latin America; Middle East & Africa – South Africa, Saudi Arabia, UAE, Rest of MEA
    Competitive Landscape racco Imaging S.P.A, Bayer HealthCare Pharmaceuticals, Esaote S.p.A, Digirad Corporation, FONAR Corporation, GE Healthcare, Hologic Inc., Hitachi Medical Corporation, Lantheus Medical Imaging, Inc., Covidien Pharmaceuticals, Mindray Medical International Limited., Gamma Medica Inc., Samsung Medison Co., Ltd., Philips Healthcare, Canon Medical Systems, and Other Key Players
    Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements.
    Purchase Options We have three licenses to opt for: Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF)
    Bio-imaging Market
    Bio-imaging Market
    Published date: March 2025
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    • Bracco Imaging S.P.A
    • Bayer HealthCare Pharmaceuticals
    • Esaote S.p.A
    • Digirad Corporation
    • FONAR Corporation
    • GE Healthcare
    • Hologic Inc.
    • Hitachi Medical Corporation
    • Lantheus Medical Imaging, Inc.
    • Covidien Pharmaceuticals
    • Mindray Medical International Limited.
    • Gamma Medica Inc.
    • Samsung Medison Co., Ltd.
    • Philips Healthcare
    • Canon Medical Systems
    • Other Key Players
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