India is one of the most rapidly growing medical imaging markets in the world and is a global hub, especially for diagnostic imaging. Technically speaking, medical imaging comprises techniques employed to obtain images of the human body for medical examination purposes. The healthcare sector has made significant technological advancements within the country which has, in turn, led to growth in the medical imaging industry. The increasing awareness on preventive healthcare and the rising ability of the country’s population to spend on diagnostics services has further boosted the prospects of this industry. Due to the rising consumer base, India’s medical imaging market has proved to be highly lucrative for a number of multinational companies that are actively involved in procuring hi-tech imaging equipment. Domestic companies, on the other hand, are mostly involved in the sourcing of low-tech equipment. Going ahead, the CT, MRI and Ultrasound markets are all expected to record solid growth in future. Hide this