The global medical imaging informatics market was predicted at US$ 5.5 billion in 2023 and is projected to grow to US$ 11.4 billion by 2034, rising at a compound annual growth rate (CAGR) of 6.85% from 2024 to 2034.
Top companies in medical imaging informatics are Medtronic Inc., Philips, Siemens, Fujifilm Holdings, Toshiba Corporation, Canon Medical Systems, Carestream Health, GE Healthcare and Dell Technologies Inc.
Latest Announcements by Leaders
- In August 2024, Amaza Reitmeier, vice president and general manager of Medtronic Brain Modulation within the neuromodulation business, announced that the company is committed to enabling personalized patient care and aims to transform many patients’ lives by using Medtronic Deep Brain Stimulation (DBS) therapy.
- In July 2024, Brajesh Singh, imaging leader of Philips, said that the partnership between Philips and Star Imaging aims to offer the International Standard of MR training in India, which will empower Indian clinicians with the latest technological advancements for accurate diagnosis and optimized patient care.
- In February 2024, Andreas Schneck, head of magnetic resonance at Siemens Healthineers, said that with the rising population all over the world, the need for MRI examinations also increased. Likewise, the increasing cost pressure and lack of skilled personnel are creating tough times for MRI operations economically.
- In November 2024, Medtronic announced that it had received approval from the Centers for Medicare and Medicaid Services (CMS) for transitional pass-through (TPT) payment for the Medtronic Symplicity Spyral renal denervation catheter. It is used in the Symplicity blood pressure procedure under the Medicare Hospital Outpatient Prospective Payment System.
- In February 2024, Siemens Healthineers introduced Magnetom flow to achieve greater sustainability and efficiency in magnetic resonance imaging. The Magnetom flow is the second MRI platform from Siemens, and it is designed as a helium-free and dry-cool technology.
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