Global Digital Diagnostics Market Size is valued at USD 1.9 Bn in 2024 and is predicted to reach USD 10.5 Bn by the year 2034 at an 18.5% CAGR during the forecast period for 2025-2034.
Using a standardized tool, digital diagnostics enables quick issue isolation and resolution, facilitating collaboration throughout the application lifecycle. By improving the accuracy and precision of diagnostic results, this innovative technology aids in the advancement of the healthcare system. During the forecast period, the worldwide digital diagnostics market is anticipated to increase at a solid rate driven by growing healthcare expenditure, technical improvements, and increased attention.
The need for improved diagnostic technologies that can offer individualized insights and treatment plans is being driven by rising healthcare costs, a growing understanding of the value of early diagnosis, and a move toward customized medicine. However, there are issues that must be resolved, like expensive implementation costs and worries about data privacy. With ongoing technological breakthroughs and rising acceptance of digital health solutions, the market for digital diagnostics appears to have a bright future overall.
The Digital Diagnostics Market is segmented on the basis of product , application, and end-user. Product segment includes Hardware and Software. Application segment includes Cardiology, Oncology, Neurology, Pathology, and Others. End-user segment includes Hospitals, Clinical Laboratories, and Others.
The oncology category is expected to hold a major share in the global digital diagnostics market in 2022. The reason for this growth is the rising global prevalence of cancer. The market is also growing due to factors such as the increasing adoption of Digital Diagnostics platforms for cancer screening, technical innovation, and the surge in the introduction of new product releases. Furthermore, during the projection period, the Radiology category is anticipated to boost at the fastest CAGR. The benefits of digital radiography, such as instantaneous evaluation, editing, and magnification of the result, contrast and luminosity adjustment to produce the best image of the object under study, and the ability to preserve the result electronically or in print, would drive this expansion.
The hospital segment is projected to evolve at a rapid rate in the global digital diagnostics market. The widespread use of digital pathology and radiography in hospitals, clinics, and other digital diagnostic tools is driving this growth. Hospitals have access to CT scanners and computer-aided diagnosis systems. Another factor driving this market's expansion is the creation of artificial intelligence platforms that integrate with the healthcare system.
The North American digital diagnostics market is foreseen to exhibit the largest market share in terms of revenue in the near future. The increasing number of chronic illness cases in the North American region is driving this region's expansion. The Digital Diagnostics Industry Outlook in the North American region is being further enhanced by the rapidly increasing number of product debuts. In addition, Asia Pacific is anticipated to rise rapidly in the global digital diagnostics market. A few factors contributing to this growth are the rising costs of computer-aided diagnostics in healthcare in the Asia-Pacific area. The Asia-Pacific digital diagnostics market is expanding owing to the rising awareness of the benefits of these technologies.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 1.95 Bn |
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Revenue Forecast In 2034 |
USD 10.59 Bn |
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Growth Rate CAGR |
CAGR of 18.5% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product, Application, and End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Riverain Technologies, Hoffmann-La Roche Ltd., GE Healthcare, Digital Diagnostics Inc., Siemens Healthcare GmbH, ThermoFisher Scientific Inc., Laboratory Corporation of America Holdings.VUNO Inc., AliveCor,Inc., Behold.ai, Brainomix, Healthy.io, Canon Inc. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Digital Diagnostics Market Snapshot
Chapter 4. Global Digital Diagnostics Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Estimates & Trend Analysis
5.1. by Product & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Product:
5.2.1. Hardware
5.2.2. Software
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Application:
6.2.1. Cardiology
6.2.2. Oncology
6.2.3. Neurology
6.2.4. Pathology
6.2.5. Others
Chapter 7. Market Segmentation 3: by End-User Estimates & Trend Analysis
7.1. by End-User & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by End-User:
7.2.1. Hospitals
7.2.2. Clinical Laboratories
7.2.3. Others
Chapter 8. Digital Diagnostics Market Segmentation 6: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by Product, 2021-2034
8.1.2. North America Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.1.3. North America Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2021-2034
8.1.4. North America Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.2. Europe
8.2.1. Europe Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by Product, 2021-2034
8.2.2. Europe Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.2.3. Europe Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2021-2034
8.2.4. Europe Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.3. Asia Pacific
8.3.1. Asia Pacific Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by Product, 2021-2034
8.3.2. Asia Pacific Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.3.3. Asia Pacific Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2021-2034
8.3.4. Asia Pacific Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.4. Latin America
8.4.1. Latin America Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by Product, 2021-2034
8.4.2. Latin America Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.4.3. Latin America Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2021-2034
8.4.4. Latin America Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by Product, 2021-2034
8.5.2. Middle East & Africa Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.5.3. Middle East & Africa Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2021-2034
8.5.4. Middle East & Africa Digital Diagnostics Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. F. Hoffmann-La Roche Ltd
9.2.2. Thermo Fisher Scientific Inc.
9.2.3. Laboratory Corporation of America Holdings
9.2.4. GE Healthcare
9.2.5. Siemens Healthineers
9.2.6. Medtronic plc
9.2.7. Nano-X Imaging Ltd.
9.2.8. Koninklijke Philips N.V.
9.2.9. Digital Diagnostics Inc.
9.2.10. Riverain Technologies
9.2.11. VUNO, Inc.
9.2.12. AliveCor, Inc.
9.2.13. Behold.ai.
9.2.14. Brainomix
9.2.15. Healthy.io
9.2.16. Canon Inc.
9.2.17. Others Prominent Players
Digital Diagnostics Market By Product-
Digital Diagnostics Market By Application-
Digital Diagnostics Market By End-User-
Digital Diagnostics Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
