Multimodal imaging market to surge to $5.49b by 2029

The market projects a 5.35% CAGR growth within the forecast period.

The global multimodal imaging market is estimated to reach $5.49b by 2029 at a compound annual growth rate of 5.35%, according to Arizton.

The report revealed that the rising prevalence of chronic diseases, advancements in technology, and the growing demand for minimally invasive procedures and personalised medicine have driven the market’s growth.

Moreover, increasing demand for point-of-care imaging solutions and portable multimodal imaging devices offers opportunities to develop compact, cost-effective systems.

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Such systems can be utilised in ambulatory care settings, emergency departments, and remote areas.

Meanwhile, the report mentioned that the PET/CT multimodal imaging market expects a revenue share of $2.1b within the forecast period.

Ongoing research in radiopharmaceutical development may discover new PET tracers that target specific disease biomarkers, allowing early detection and personalised treatment approaches.