Europe Medical Imaging Market To Reach $17.0 Billion By 2030

Europe Medical Imaging Market Growth & Trends

The Europe medical imaging market size is anticipated to reach USD 17.0 billion by 2030 and is anticipated to grow at a CAGR of 5.1% during the forecast period, according to a new report by Grand View Research, Inc. The growth is attributed to increased awareness of early detection tools, rising aging population, technological advancements, and government investments. The development of advanced imaging modalities, such as MRI, CT scans, ultrasound, and PET scans, has significantly improved diagnostic capabilities, leading to better patient outcomes. According to the National Health Service England, in January 2023, 0.52 million CT scans were reported in England.

Lifestyle-related diseases, such as diabetes, cardiovascular diseases, and obesity, are on the rise due to unhealthy habits, sedentary lifestyles, and stress, leading to a higher demand for healthcare services and early detection tools. The shift towards early detection and diagnosis is expected to boost market growth. In October 2023, Quibim, specializing in imaging biomarkers, partnered with Koninklijke Philips N.V. to provide AI -based imaging solutions for MR prostate exams to enhance early detection of conditions such as cancer and boost first-time diagnosis rates. The partnership leverages Quibim's QP-Prostate software and Philips' high-speed MR imaging to address staff shortages and optimize diagnostic workflows.

 Request a free sample copy or view report summary: Europe Medical Imaging Market Report

Europe Medical Imaging Market Report Highlights

• The magnetic resonance imagingtechnology segment dominated the market with a share of 33.6% in 2023

• The segment growth is attributed to technological advancements and growing application scope of medical imaging in various medical specialties

• The hospitals end-use segment dominated the overall market with the largest share in 2023

• Hospitals are the primary providers of healthcare services and growing demand for accurate and timely diagnosis fuels market growth

Europe Medical Imaging Market Segmentation

Grand View Research has segmented the Europe medical imaging market on the basis of technology, end-use, and country:

Europe Medical Imaging Technology Outlook (Revenue, USD Million, 2018 - 2030)

• X-ray

  • By Modality

    • Radiography

    • Fluoroscopy

    • Mammography

• Magnetic Resonance Imaging

  • By Architecture

    • Closed System

    • Open System

• Ultrasound

  • By Portability

    • Handheld

    • Compact

    • Cart/Trolley-based

• Computed Tomography

  • By Technology

    • High-end Slice

    • Mid-end Slice

    • Low-end Slice

    • Cone beam CT

• Nuclear Imaging

  • By Product

  • SPECT

  • PET

Europe Medical Imaging End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Diagnostic Imaging Centers

• Others

Europe Medical Imaging Country Outlook (Revenue, USD Million, 2018 - 2030)

• UK

• Germany

• France

• Italy

• Spain

• Denmark

• Sweden

• Norway

List of Key Players in Europe Medical Imaging Market

• GE Healthcare

• Koninklijke Philips N.V.

• Siemens Healthineers

• Canon Medical Systems Corporation

• Mindray Medical International

• Esaote

• Hologic, Inc.

• Samsung Medison Co., Ltd.

• Koning Corporation

• PerkinElmer Inc.

• FUJIFILM VisualSonics Inc.

• PIUR IMAGING