Europe Medical Image Analysis Software Market Size & Outlook
Europe medical image analysis software market, 2018-2030 (US$M)
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Europe medical image analysis software market highlights
- The Europe medical image analysis software market generated a revenue of USD 939.2 million in 2023.
- The market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, integrated was the largest revenue generating type in 2023.
- Stand Alone is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Russia is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 939.2 million |
| Market revenue in 2030 | USD 1,633.3 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Integrated |
| Fastest growing segment | Stand Alone |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Integrated, Stand Alone |
| Key market players worldwide | Koninklijke Philips NV, Agfa-Gevaert NV, Canon Inc, GE HealthCare Technologies Inc Common Stock, Bruker Corp, Siemens Healthineers AG ADR, Esaote, Neusoft Medical Systems |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.7% of the global medical image analysis software 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 1,383.5 million by 2030.
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Medical Image Analysis Software Market Scope
Medical Image Analysis Software Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe medical image analysis software 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 medical image analysis software market will help companies and investors design strategic landscapes.
Integrated was the largest segment with a revenue share of 53.8% in 2023. Horizon Databook has segmented the Europe medical image analysis software market based on integrated, stand alone covering the revenue growth of each sub-segment from 2018 to 2030.
Europe followed North America in terms of the medical image analysis software market share in 2019. A number of government initiatives for continued improvements and product approvals are responsible for the market growth in this region.
In addition, organizations such as the European Department of Health are involved in improving the quality and efficiency of the devices through early engagement and collaborations with social care agencies, thereby widening the scope of market growth in Europe.
Moreover, factors responsible for the growth of the medical image analysis software market include a large percentage of digitally literate population and changing socioeconomic conditions. These factors are further anticipated to drive the market over the forecast period.
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Target buyers of Europe medical image analysis software market databook
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Our clientele includes a mix of medical image analysis software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical image analysis software market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical image analysis software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe medical image analysis software market size, by country, 2018-2030 (US$M)
Europe Medical Image Analysis Software Market Outlook Share, 2023 & 2030 (US$M)
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