Diagnostic Imaging Market in Europe: Adoption of Technologically Advanced Diagnostic Devices will Boost Growth

The diagnostic imaging market share in Europe is expected to grow up to USD 2.94 billion, accelerating at a CAGR of almost 6.70% during the forecast period. The increasing prevalence of chronic conditions in Europe is notably driving the diagnostic imaging market growth in Europe, however, the high costs associated with diagnostic imaging may impede the market growth.

Technavio’s diagnostic imaging market in Europe research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights into factors that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments. View the Free Sample Report.

Diagnostic Imaging Market in Europe: Market Segments and Growth Forecasts

The diagnostic imaging market report in Europe will provide insights into each segment's current market share and growth projections for the next five years.

• The diagnostic imaging market in Europe is segmented by Type (X-rays, Ultrasound, MRI scans, CT scans, and Others) and Geography (Sweden, UK, Finland, and the Rest of Europe).
• Based on the type segmentation, the diagnostic imaging market growth in Europe in the X-rays segment will be significant during the forecast period.
• 51% of the market growth will originate from the Rest of Europe during the forecast period. Sweden, the UK, and Finland are the key markets for diagnostic imaging market in Europe.
• The report provides an accurate prediction of the contribution of all the geographic segments to the growth of the diagnostic imaging market size in Europe.

Diagnostic Imaging Market in Europe: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• The increasing prevalence of chronic conditions in Europe will be a significant factor in driving the growth of the diagnostic imaging market in Europe.
• Technological advancements and upgrades in medical imaging modalities are the major diagnostic imaging market trends in Europe that will be instrumental in driving the market growth during the forecast period. The integration of artificial intelligence (AI) with diagnostic imaging enables end-users to automate and standardize complex diagnostic procedures, improve patient experience and outcomes, and reduce the cost of care. It also enhances the features of diagnostic imaging equipment.
• High costs associated with diagnostic imaging is a hurdle that needs to be crossed on the path to further success.

Diagnostic Imaging Market in Europe: Vendor Analysis

• The market is fragmented due to the presence of several players.
• Agfa-Gevaert NV, Canon Inc., Esaote Spa, FUJIFILM Holdings Corp., General Electric Co., Hologic Inc., Koninklijke Philips NV, Onex Corp., Shimadzu Corp., and Siemens AG are some of the major diagnostic imaging market vendors in Europe.

Download the Free PDF Sample Report. The custom reports provide market insights at the global and regional levels along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 6.70%.
    
2. What is the incremental growth of the market?
   The market is expected to grow up to USD 2.94 billion.
    
3. What is a key factor driving this market?
   The increasing prevalence of chronic conditions in Europe will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   Sweden, the UK, Finland, and the Rest of Europe are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   51% growth will originate from the Rest of Europe.
    
6. Who are the leading market vendors?
   The leading vendors in this market are Agfa-Gevaert NV, Canon Inc., Esaote Spa, FUJIFILM Holdings Corp., General Electric Co., Hologic Inc., Koninklijke Philips NV, Onex Corp., Shimadzu Corp., and Siemens AG.
    
7. What are the market segments covered in this report?
   The market is segmented by Type (X-rays, Ultrasound, MRI scans, CT scans, and Others) and Geography (Sweden, UK, Finland, and Rest of Europe).