According to FutureWise analysis, the Multimodal Imaging market in 2026 is US$4.86 billion, and is expected to reach US$7.79 billion by 2036 at a CAGR of 4.83%.
The multimodal imaging market is experiencing significant growth due to the rising demand for accurate disease diagnosis and the increasing prevalence of cancer, cardiovascular diseases, and neurological disorders that necessitate comprehensive imaging solutions. Multimodal imaging integrates multiple techniques, such as PET-CT, PET-MRI, and SPECT-CT, to deliver improved diagnostic accuracy along with detailed anatomical and functional information in a single examination. This technology is particularly gaining popularity in oncology for tumor detection, treatment planning, and monitoring therapeutic responses. It is also being utilized in neurology for assessing brain disorders. Innovations in imaging software, the integration of artificial intelligence, and enhancements in image resolution are driving advancements and expanding clinical applications across various medical specialties. Moreover, growing investments in healthcare infrastructure, especially in emerging economies, along with an increasing awareness of the importance of early disease detection, are expected to accelerate market growth throughout the forecast period.
Advancements in diagnostic imaging technology, broadened range of applications in multimodal imaging systems, increased research funding, favourable reimbursement policies, increased research and development in radiotracers and rise in the insurance coverage are the key driving factors of the market. Multimodal imaging is mainly used for drug discovery and in non-invasive and invasive surgical procedures which shall augment the multimodal imaging market growth. The optical fluorescence imaging has garnered a huge demand as it is very efficient in providing real-time images. This imaging method is used extensively for studying molecular events which is why it is often deployed in surgeries that require image guidance. All these factors shall bolster the growth of the market.