Germany Medical Imaging Market Size & Outlook, 2023-2030
Germany medical imaging market, 2018-2030 (US$M)
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Germany medical imaging market highlights
- The Germany medical imaging market generated a revenue of USD 1,879.5 million in 2023 and is expected to reach USD 2,650.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, ultrasound was the largest revenue generating technology in 2023.
- Magnetic Resonance Imaging is the most lucrative technology segment registering the fastest growth during the forecast period.
Medical imaging market data book summary
| Market revenue in 2023 | USD 1,879.5 million |
| Market revenue in 2030 | USD 2,650.9 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Ultrasound |
| Fastest growing segment | Magnetic Resonance Imaging |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | X-ray, Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging |
| Key market players worldwide | GE 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, Germany accounted for 4.7% of the global medical imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK medical imaging market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 5,359.3 million by 2030.
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Medical Imaging Market Scope
Medical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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.
Ultrasound was the largest segment with a revenue share of 23.71% in 2023. Horizon Databook has segmented the Germany 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.
The Germany medical imaging market is anticipated to grow at the fastest rate over the forecast period. This can be attributed to a rapidly aging population, growing prevalence of chronic diseases, presence of a sophisticated healthcare system, a highly qualified workforce, and high healthcare spending.
Germany has a lucrative environment for technologically innovative startups. Around 80% of the medical device manufacturers, including companies of medical imaging devices in the country are SMEs.
The presence of major market players, such as Siemens Healthcare GmbH, is anticipated to create lucrative opportunities in Germany. Moreover, schemes such as “Statutory Health Insurance” are strengthening the country’s healthcare infrastructure, thereby encouraging people to undergo testing using diagnostic testing methods & imaging systems for the early detection of diseases.
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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 country-level data and insights on the Germany medical imaging market , including forecasts for subscribers. This country databook contains high-level insights into Germany medical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany medical imaging market size, by technology, 2018-2030 (US$M)
Germany Medical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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