Europe Medical Imaging Market Size & Outlook, 2023-2030

The medical imaging market in Europe is expected to reach a projected revenue of US$ 16,964.3 million by 2030. A compound annual growth rate of 5.1% is expected of Europe medical imaging market from 2024 to 2030.

Revenue, 2023 (US$M)
$12,002.9
Forecast, 2030 (US$M)
$16,964.3
CAGR, 2024 - 2030
5.1%
Report Coverage
Europe

Europe medical imaging market highlights

  • The Europe medical imaging market generated a revenue of USD 12,002.9 million in 2023.
  • The market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
  • In terms of segment, magnetic resonance imaging was the largest revenue generating technology in 2023.
  • Computed Tomography is the most lucrative technology segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 12,002.9 million
Market revenue in 2030USD 16,964.3 million
Growth rate5.1% (CAGR from 2023 to 2030)
Largest segmentMagnetic resonance imaging
Fastest growing segmentComputed Tomography
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationX-ray, Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging
Key market players worldwideGE Aerospace, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Mindray Medical International, FUJIFILM Holdings Corp, Carestream Health - HCIS business, Hitachi Ltd, Samsung Electronics Co Ltd, Koning, PerkinElmer, Konica Minolta Inc, Esaote, Hologic Inc, Varex Imaging Corp


Other key industry trends

  • In terms of revenue, Europe region accounted for 30.2% of the global medical imaging 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 12,526.7 million by 2030.

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Medical Imaging Market Companies

Name Profile # Employees HQ Website

Europe medical imaging 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 imaging market will help companies and investors design strategic landscapes.


Magnetic resonance imaging was the largest segment with a revenue share of 33.68% in 2023. Horizon Databook has segmented the Europe medical imaging market based on x-ray, magnetic resonance imaging, ultrasound, computed tomography, nuclear imaging covering the revenue growth of each sub-segment from 2018 to 2030.


Europe is one of the most developed regions in the world. Increasing public and private investments in R&D are some of the significant factors contributing to market growth.


Rising demand for healthcare devices and growing prevalence of chronic & pain-associated disorders in the region are some major factors anticipated to propel regional market growth. Increasing demand for advanced technologies and rising health awareness are some other key factors expected to boost market growth.


Most of the European countries such as France, the UK, and Germany have a high per capita income and well-defined healthcare policies that facilitate improved diagnostic systems. The increase in geriatric population in these countries is propelling the demand for advanced healthcare facilities.

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  • Our clientele includes a mix of medical imaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical imaging market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe medical imaging market size, by country, 2018-2030 (US$M)

Europe Medical Imaging Market Outlook Share, 2023 & 2030 (US$M)

Europe medical imaging market size, by country, 2018-2030 (US$M)

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