Europe Teleradiology Market Size & Outlook, 2023-2030
Europe teleradiology market, 2018-2030 (US$M)
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Europe teleradiology market highlights
- The Europe teleradiology market generated a revenue of USD 3,255.9 million in 2023.
- The market is expected to grow at a CAGR of 24.1% from 2024 to 2030.
- In terms of segment, x-ray was the largest revenue generating product in 2023.
- Magnetic Resonance Imaging is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 3,255.9 million |
| Market revenue in 2030 | USD 14,789.1 million |
| Growth rate | 24.1% (CAGR from 2023 to 2030) |
| Largest segment | X-ray |
| Fastest growing segment | Magnetic Resonance Imaging |
| 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, Ultrasound, X-ray, Nuclear Imaging, Magnetic Resonance Imaging |
| Key market players worldwide | Pediatrix Medical Group Inc, Agfa-Gevaert NV, Everlight Electronics, Evidian, Nano X Imaging Ltd Ordinary Shares, Koninklijke Philips NV, Matrix Pack |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.7% of the global teleradiology 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 15,552.7 million by 2030.
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Teleradiology Market Scope
Teleradiology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe teleradiology 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 teleradiology market will help companies and investors design strategic landscapes.
X-ray was the largest segment with a revenue share of 31.2% in 2023. Horizon Databook has segmented the Europe teleradiology market based on computed tomography, ultrasound, x-ray, nuclear imaging, magnetic resonance imaging covering the revenue growth of each sub-segment from 2018 to 2030.
Rising demand for rapid diagnostic procedures and increasing number of accidents leading to bone dysfunction, which demands special attention for medical imaging, are some of the key factors contributing to the largest market share of this region.
Growing geriatric population in Europe is leading to an increase in the prevalence of target diseases, which is further expected to fuel the market growth. In Europe, teleradiology is an essential part of e-Health Agenda, as it has the potential for cost diminution. This is anticipated to contribute to the growth of the market.
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Target buyers of Europe teleradiology market databook
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Our clientele includes a mix of teleradiology 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 teleradiology market , including forecasts for subscribers. This continent databook contains high-level insights into Europe teleradiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe teleradiology market size, by country, 2018-2030 (US$M)
Europe Teleradiology Market Outlook Share, 2023 & 2030 (US$M)
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