Diagnostic Imaging Market to witness significant growth in the European region During the Forecast Period – TechSci Research

According to TechSci Research report, “Europe Diagnostic Imaging Market By Type (X-Ray
Imaging Solutions, Ultrasound Systems, MRI Systems, CT Scanners, Nuclear Imaging
Solutions, Mammography, Others), By Mobility (Portable v/s Standalone), By Source
(Domestic Vs Import), By Application (Cardiology, Oncology, Neurology, Orthopedics,
Gastroenterology, Gynecology, Others), By End Users (Hospitals & Clinics, Diagnostic
Centers, Ambulatory Care Centers, Others), By Country, Forecast & Opportunities,
2025”, the Europe diagnostic imaging market is expected to grow at a formidable rate during the
forecast period on account of the growing health consciousness and awareness among the
population pertaining to different diseases and a healthy lifestyle. This has made the people opt
for regular health checkups, which in turn is expected to spur the market growth through 2025.
Additionally, technological advancements such as the advent of AI, IoT, blockchain, among
others in diagnostic imaging modalities is further expected to bolster the market growth over the
next few years. Furthermore, Europe has a highly regulated and well-established health network.
It has the presence of major market players and local players offering health insurance plans to the
public. Also, the governments in the United Kingdom and Switzerland provide their citizens with a
free of cost health insurance card with which, they can avail healthcare facilities in their own
country and other European countries at a minimal or no cost at all. This in turn is expected to
fuel the market growth during the forecast period. However, safety issues pertaining to patient
health and environmental issues might hamper market growth through 2025. Besides,
stringent regulatory norms and policies pertaining to approval and use of already approved
diagnostic imaging modalities might further restrict the market growth until 2025. Moreover,
the shortage of helium is a major concern for suppliers of the MRI health system and healthcare
industry. This might further impede market growth during the forecast period.
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The Europe diagnostic imaging market is segmented based on type, mobility, source,
application, end-users, company, and country. Based on type, the market can be fragmented into
X-Ray imaging solutions, ultrasound systems, MRI systems, CT scanners, nuclear imaging
solutions, mammography, and others. Here, the CT scanners segment is expected to register the
highest growth in the market on account of the associated benefits of improved patient safety
since there is very minimal exposure to radiation in this technique. Additionally, it produces high-quality images of the body, thereby help in detecting tumors and various lung or chest ailments.
Based on the application, the market can be categorized into cardiology, oncology, neurology,
orthopedics, gastroenterology, gynecology, and others. Among these, the cardiology segment is
expected to dominate the market on account of the growing prevalence of cardiovascular
diseases, cardiac arrests, heart strokes, among others. According to WHO data, more than half
of the deaths across the European region are caused due to cardiovascular diseases. This in
turn is expected to increase the demand for diagnostic imaging solutions through 2025. Based on
end-users, the market can be grouped into hospitals & clinics, diagnostic centers, ambulatory
care centers and others. Here, the hospitals & clinics segment is expected to dominate the
market owing to the growing demand for advanced imaging technologies and integration of these
facilities. However, the diagnostic centers segment is expected to witness healthy growth on
account of growing number of diagnostic centers across the region.
Siemens Healthineers AG, GE Healthcare Europe, GmbH, Koninklijke Philips N.V., Agfa-Gevaert
N.V., Esaote S.p.A, Planmed Oy, Carl Zeiss AG, Accenture UK Medical Imaging Solutions,

FUJIFILM Europe GmbH, Canon Medical System Europe B.V., and others are some of the
leading players operating in Europe diagnostic imaging market. The companies operating in the
market are using organic strategies such as product launches, mergers, and collaborations to
boost their share. For instance, in February 2019, Canon Medical System Europe B.V. launched
Aquilion Begin CT device in the European market. This will help medical facility providers
expand their radiology practices. This device is compact in size, has lesser power requirements, and is equipped with dose reduction technologies. It has the ability to fit inside a small X-Ray
room thereby delivering 3D CT imaging of high-quality at the lowest possible dosage.
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“Europe diagnostic imaging market is expected to witness significant growth during the forecast
period. Germany is expected to lead the market followed by France, Italy, and Spain. This can be
ascribed to the aging population and increasing mortality rate due to the prevalence of chronic diseases
such as cardiovascular diseases, cancer, among others. Furthermore, the sudden outbreak and
spread of pandemic COVID-19, with the European region being adversely impacted, is expected
to create lucrative opportunities for the growth diagnostic imaging market across the country.
This can be accredited to the widespread use of diagnostic techniques for making a comparative
study to identify the vulnerability of the disease across adults and children. Also, these imaging
facilities help in identifying the treatment response to a certain drug or therapy. Furthermore,
the presence of major market players such as Siemens, GE Healthcare, Fujifilm, Canon, among
others in the region is expected to propel the market growth through 2025.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global management
consulting firm.
“Europe Diagnostic Imaging Market By Type (X-Ray Imaging Solutions, Ultrasound
Systems, MRI Systems, CT Scanners, Nuclear Imaging Solutions, Mammography, Others),
By Mobility (Portable v/s Standalone), By Source (Domestic Vs Import), By Application
(Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Others),
By End Users (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others),
By Country, Forecast & Opportunities, 2025”, has evaluated the future growth potential of
Europe diagnostic imaging market and provides statistics & information on market size, structure
and future market growth. The report intends to provide cutting-edge market intelligence and help
decision-makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and opportunities in
Europe diagnostic imaging market.