Medical imaging, which is also referred to as diagnostic imaging, involves the utilization of electromagnetic radiation and other techniques to provide insight into the body's internal structures, assisting in identifying the root cause of an ailment or injury and validating a diagnosis.
According to a report by the market research firm IndustryARC, the global Diagnostic Imaging Services Market is expected to experience a compound annual growth rate (CAGR) of 5.1% during the forecast period of 2022-2027, with an estimated market size of $732 billion by 2027.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.