Growing prevalence of chronic diseases to drive the growth of
Europe diagnostic imaging market
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 a presence of major market players and local players offering
health insurance plans to the public. Also, the governments in United Kingdom
and Switzerland provides 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 the
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,
shortage of helium is a major concern for suppliers of MRI health system and
healthcare industry. This might further impede the market growth during the
forecast period.
Browse XX market data Tables and XX Figures spread through XXX
Pages and an in-depth TOC on " Europe
Diagnostic Imaging Market"
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 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 the 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.
Customers can also request for 10% free customization on this
report.
“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 ageing population and increasing mortality rate due to
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, 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.
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