Europe Image-guided Therapy Systems Market Size & Outlook
Europe image-guided therapy systems market, 2018-2030 (US$M)
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Europe image-guided therapy systems market highlights
- The Europe image-guided therapy systems market generated a revenue of USD 1,183.4 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, endoscopes was the largest revenue generating product in 2023.
- Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Netherlands is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,183.4 million |
| Market revenue in 2030 | USD 1,622.5 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Endoscopes |
| Fastest growing segment | Endoscopes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computed Tomography (CT) Scanners, Ultrasound Systems, Magnetic Resonance Imaging (MRI), Endoscopes, X-ray Fluoroscopy, Positron Emission Tomography (PET), Single Photon Emission Computed Tomography (SPECT) |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Siemens Healthineers AG ADR, Analogic Corporation, GE HealthCare Technologies Inc Common Stock, BrainLAB, Olympus Corp, Stryker Corp, Varian |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.3% of the global image-guided therapy systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,370.4 million by 2030.
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Image-guided Therapy Systems Market Scope
Image-guided Therapy Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe image-guided therapy systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to image-guided therapy systems market will help companies and investors design strategic landscapes.
Endoscopes was the largest segment with a revenue share of 33.03% in 2023. Horizon Databook has segmented the Europe image-guided therapy systems market based on computed tomography (ct) scanners, ultrasound systems, magnetic resonance imaging (mri), endoscopes, x-ray fluoroscopy, positron emission tomography (pet), single photon emission computed tomography (spect) covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of key players, new product approvals, and various research initiatives in cancer imaging are among key factors driving the market. Market players are moving their focus from manufacturing image-guided therapy systems to innovating next-generation technologies.
For instance, Philips is focused on developing a new system with low dosage X-ray radiation. Thus, increase in investments by market players in core technologies is expected to positively impact market growth in the coming years.
In addition, the economic burden of chronic disease management in this region is one of the key factors expected to encourage the adoption of advanced interventional imaging technologies in healthcare.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe image-guided therapy systems market , including forecasts for subscribers. This continent databook contains high-level insights into Europe image-guided therapy systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe image-guided therapy systems market size, by country, 2018-2030 (US$M)
Europe Image-guided Therapy Systems Market Outlook Share, 2023 & 2030 (US$M)
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