Spain Medical Imaging Market Size & Outlook, 2023-2030
Spain medical imaging market, 2018-2030 (US$M)
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Spain medical imaging market highlights
- The Spain medical imaging market generated a revenue of USD 581.0 million in 2023 and is expected to reach USD 823.4 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, ultrasound was the largest revenue generating technology in 2023.
- Computed Tomography 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 581.0 million |
| Market revenue in 2030 | USD 823.4 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Ultrasound |
| Fastest growing segment | Computed Tomography |
| 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, Spain accounted for 1.5% 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 |
|---|
Spain 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 27.8% in 2023. Horizon Databook has segmented the Spain 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 increasing use of medical imaging devices in routine primary care in Spain is expected to boost the country’s medical imaging devices market. The increasing adoption of medical imaging in primary care can be attributed to its affordability, portability, safety, and ease of use.
Furthermore, organizations such as the Spanish Federation of Societies for Ultrasound in Medicine and Biology and the European Society of Radiology are providing comprehensive training programs & educational tools to doctors for the use of medical imaging devices, which has further propelled their adoption.
According to research published in BMJ, the accessibility to in-house ultrasound examination in primary care is better in Spain than in higher healthcare-spending countries, such as Italy and France. With the above factors in perspective, it can be said that Spain’s market for medical imaging is likely to grow over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain medical imaging market , including forecasts for subscribers. This country databook contains high-level insights into Spain medical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain medical imaging market size, by technology, 2018-2030 (US$M)
Spain Medical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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