Product Code: ETC6184881 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australia`s medical diagnostic imaging market is driven by the rising incidence of chronic diseases, technological advancements, and increased investment in radiology infrastructure. Modalities such as MRI, CT scans, ultrasound, and X-ray are widely used across public and private health sectors. The market also benefits from Medicare subsidies, which help drive patient access to high-cost diagnostic procedures.
Advancements in imaging technologies such as MRI, CT, and ultrasound, coupled with the need for early diagnosis of chronic diseases, are driving growth in the Australian diagnostic imaging market. Public and private sector investments are boosting imaging infrastructure, while AI and machine learning are being increasingly integrated into imaging systems to enhance diagnostic accuracy and workflow efficiency.
The diagnostic imaging market in Australia faces technological, financial, and workforce-related challenges. High capital costs associated with imaging equipment such as MRI and CT machines make it difficult for smaller clinics to invest in upgrades. Additionally, there is a shortage of skilled radiologists and imaging technicians, leading to bottlenecks in service delivery. Maintaining and integrating new imaging systems into hospital IT infrastructure also requires significant investment and expertise.
This market offers substantial long-term potential through investments in diagnostic centers equipped with AI-driven imaging technologies. Funding new imaging facilities in underserved rural and regional areas can meet unmet diagnostic needs. Venture capital in startups focusing on teleradiology or imaging SaaS solutions is also attractive due to the rise of remote healthcare.
The Australian government plays a significant role in the medical diagnostic imaging market through its support of healthcare funding and infrastructure. Policies that provide Medicare reimbursements for diagnostic imaging procedures heavily influence the market. The government sets funding rates for procedures such as MRI and CT scans through the MBS. Additionally, there are policies that regulate the safety and radiation exposure of diagnostic imaging, ensuring that diagnostic equipment adheres to strict standards. These policies not only ensure patient safety but also affect the availability and cost of diagnostic imaging services.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Medical/Diagnostic Imaging Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Medical/Diagnostic Imaging Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Medical/Diagnostic Imaging Market - Industry Life Cycle |
3.4 Australia Medical/Diagnostic Imaging Market - Porter's Five Forces |
3.5 Australia Medical/Diagnostic Imaging Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia Medical/Diagnostic Imaging Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Medical/Diagnostic Imaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Medical/Diagnostic Imaging Market Trends |
6 Australia Medical/Diagnostic Imaging Market, By Types |
6.1 Australia Medical/Diagnostic Imaging Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By CT Scanners, 2021- 2031F |
6.1.4 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By X ray Imaging Systems, 2021- 2031F |
6.1.5 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By MRI Systems, 2021- 2031F |
6.1.6 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By Ultrasound Imaging Systems, 2021- 2031F |
6.1.7 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By Nuclear Imaging Systems, 2021- 2031F |
6.1.8 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By Mammography Systems, 2021- 2031F |
6.2 Australia Medical/Diagnostic Imaging Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By Obstetrics and Gynecology Health, 2021- 2031F |
6.2.3 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By Orthopedics and Musculoskeletal, 2021- 2031F |
6.2.4 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By Neuro and Spine, 2021- 2031F |
6.2.5 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By Cardiovascular and Thoracic, 2021- 2031F |
6.2.6 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By General Imaging, 2021- 2031F |
6.2.7 Australia Medical/Diagnostic Imaging Market Revenues & Volume, By Breast Health, 2021- 2031F |
7 Australia Medical/Diagnostic Imaging Market Import-Export Trade Statistics |
7.1 Australia Medical/Diagnostic Imaging Market Export to Major Countries |
7.2 Australia Medical/Diagnostic Imaging Market Imports from Major Countries |
8 Australia Medical/Diagnostic Imaging Market Key Performance Indicators |
9 Australia Medical/Diagnostic Imaging Market - Opportunity Assessment |
9.1 Australia Medical/Diagnostic Imaging Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia Medical/Diagnostic Imaging Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Medical/Diagnostic Imaging Market - Competitive Landscape |
10.1 Australia Medical/Diagnostic Imaging Market Revenue Share, By Companies, 2024 |
10.2 Australia Medical/Diagnostic Imaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |