Spain Diagnostic Imaging Equipment Market Size Report | 2031

Segments - Spain Diagnostic Imaging Equipment Market by Modality (Fluoroscopy, Computed Tomography, MRI, Ultrasound, Nuclear Imaging, Mammography, and X-Ray), Applications (Oncology, Cardiology, Neurology, Pulmonology, Gynecology, Orthopedic, Laparoscopy, Gastroenterology, ENT Surgery, and Others), End-users (Diagnostic Centers, Hospitals, and Others) and Country (Spain) – Spain Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Vishal Golekar

Report Description

The Spain diagnostic imaging equipment market size was valued at USD 48.70 Billion in 2022 and is projected to reach USD 74.90 Billion by 2031, expanding at a CAGR of 4.9% during the forecast period, 2023-2031. Growth of the market is attributed to the development of advanced devices, rising healthcare expenditure, increasing government initiatives, and growing cases of injuries & accidents.

Imaging equipment like ultrasound and radiographic machines contains research support programs. Magnetic resonance imaging (MRI), x-rays, and computed tomography (CT) scans are additional equipment’s that are used as human research apparatuses.

Spain Diagnostic Imaging Equipment Market Outlook

The Covid-19 pandemic affected the demand and supply of Spain diagnostic imaging equipment. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Spain Diagnostic Imaging Equipment Market Trends, Drivers, Restraints, and Opportunities

Increase in outpatient surgeries is projected to boost the market in the coming years.
Rise in minimally invasive surgical procedures is major factor fueling the market during the forecast period.
High cost of diagnostic imaging equipment is anticipated to hamper market growth.
Lack of skilled technicians to operate diagnostic imaging equipment is projected to hinder the market expansion in the coming years.
R&D investment and technological advancement in diagnostic imaging equipment is projected to create lucrative opportunities for the market players.

Scope of Spain Diagnostic Imaging Equipment Market Report

The report on the Spain diagnostic imaging equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Diagnostic Imaging Equipment Market – Spain Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016-2021
Forecast Period	2023-2031
Segmentation	Modality (Fluoroscopy, Computed Tomography, MRI, Ultrasound, Nuclear Imaging, Mammography, and X-Ray), Applications (Oncology, Cardiology, Neurology, Pulmonology, Gynecology, Orthopedic, Laparoscopy, Gastroenterology, ENT Surgery, and Others), End-users (Diagnostic Centers, Hospitals, and Others)
Country Scope	Spain
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players covered in the Report	Toshiba Corp.; Koninklijke Philips N.V.; Hitachi Medical Systems; Fujifilm Holdings Corp.; Carestream Health; GE Healthcare; Esaote SpA; Hologic, Inc.; and Siemens AG

Spain Diagnostic Imaging Equipment Market Segment Insights

Modality Segment Analysis

Based on modality, the Spain diagnostic imaging equipment market is divided into fluoroscopy, computed tomography, MRI, ultrasound, nuclear imaging, mammography, and x-ray. The handheld devices segment accounts for a key share of the market.

Growth of the market is attributed to increasing adoption of general surgical devices for diagnosis & treatment, rising prevalence of cardiac disease, unhealthy lifestyles, increasing elderly population, and growing number of treatments. However, the electro surgical devices are anticipated to expand at a rapid pace during the forecast period due to increasing patient pool and rising preference for minor invasive surgeries.

Applications Segment Analysis

Based on applications, the market is fragmented into oncology, cardiology, neurology, pulmonology, gynecology, orthopedic, laparoscopy, gastroenterology, ENT surgery, and others. The oncology segment is anticipated to hold a major market share during the forecast period. Growth of the market is attributed to rising population, increasing disposable income, and growing awareness among population.

However, the gynecology segment is anticipated to expand at a rapid pace during the forecast period due to factors such as international companies attracting many investors, technological innovations in surgical devices, and increasing adaptation of stem cell technologies.

Spain Diagnostic Imaging Equipment Market Applications

End-Users Segment Analysis

On the basis of end-users, the Spain diagnostic imaging equipment market is fragmented into hospitals & clinics, home healthcare, and others. The hospitals & clinics segment accounts for a key share of the market.

Growth of the market is attributed to penetration of monitoring devices in market and increasing per capita income. However, the home healthcare segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing funding from private organizations.

Spain Diagnostic Imaging Equipment Market Outlook

The Spain diagnostic imaging equipment market is anticipated to expand at significant CAGR during the forecast peirod, owing to increasing investment in health care sector and rising adaptation of 3D printing technologies.

In addition, shorter recovery time & minimal postoperative complications, compensation policies pertaining to general surgical devices in developed economies, favorable FDA approvals, and surge in patient preference for minor invasive surgeries are major driving factors of the diagnostic imaging equipment market.

However, high cost of diagnostic imaging equipment and lack of trained professionals and technicians are projected to restrict market growth. On the contrary, unsatisfied medical demands in developing sectors are anticipated to offer lucrative opportunities for market expansion.

Segments

The Spain diagnostic imaging equipment market has been segmented on the basis of

Modality

Fluoroscopy
Computed Tomography
MRI
Ultrasound
Nuclear Imaging
Mammography
X-Ray

Applications

Oncology
Cardiology
Neurology
Pulmonology
Gynecology
Orthopedic
Laparoscopy
Gastroenterology
ENT Surgery
Others

Country

Spain

Key Players

Toshiba Corp.
Koninklijke Philips N.V.
Hitachi Medical Systems
Fujifilm Holdings Corp.
Carestream Health
GE Healthcare
Esaote SpA
Hologic, Inc.
Siemens AG

Competitive Landscape

Key players competing in the Spain diagnostic imaging equipment market include Toshiba Corp.; Koninklijke Philips N.V.; Hitachi Medical Systems; Fujifilm Holdings Corp.; Carestream Health; GE Healthcare; Esaote SpA; Hologic, Inc.; and Siemens AG

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and rise their production line of the business in the coming years.

Spain Diagnostic Imaging Equipment Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diagnostic Imaging Equipment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Diagnostic Imaging Equipment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Diagnostic Imaging Equipment Market - Supply Chain
  4.5. Global Diagnostic Imaging Equipment Market Forecast
     4.5.1. Diagnostic Imaging Equipment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Diagnostic Imaging Equipment Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Diagnostic Imaging Equipment Market Absolute $ Opportunity
5. Global Diagnostic Imaging Equipment Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     5.3.1. Oncology
     5.3.2. Cardiology
     5.3.3. Neurology
     5.3.4. Pulmonology
     5.3.5. Gynecology
     5.3.6. Orthopedic
     5.3.7. Laparoscopy
     5.3.8. Gastroenterology
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Diagnostic Imaging Equipment Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Diagnostic Imaging Equipment Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
7. North America Diagnostic Imaging Equipment Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     7.4.1. Oncology
     7.4.2. Cardiology
     7.4.3. Neurology
     7.4.4. Pulmonology
     7.4.5. Gynecology
     7.4.6. Orthopedic
     7.4.7. Laparoscopy
     7.4.8. Gastroenterology
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
8. Latin America Diagnostic Imaging Equipment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     8.4.1. Oncology
     8.4.2. Cardiology
     8.4.3. Neurology
     8.4.4. Pulmonology
     8.4.5. Gynecology
     8.4.6. Orthopedic
     8.4.7. Laparoscopy
     8.4.8. Gastroenterology
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
9. Europe Diagnostic Imaging Equipment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     9.4.1. Oncology
     9.4.2. Cardiology
     9.4.3. Neurology
     9.4.4. Pulmonology
     9.4.5. Gynecology
     9.4.6. Orthopedic
     9.4.7. Laparoscopy
     9.4.8. Gastroenterology
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
10. Asia Pacific Diagnostic Imaging Equipment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     10.4.1. Oncology
     10.4.2. Cardiology
     10.4.3. Neurology
     10.4.4. Pulmonology
     10.4.5. Gynecology
     10.4.6. Orthopedic
     10.4.7. Laparoscopy
     10.4.8. Gastroenterology
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
11. Middle East & Africa Diagnostic Imaging Equipment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Diagnostic Imaging Equipment Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Diagnostic Imaging Equipment Market Size and Volume Forecast by Applications
     11.4.1. Oncology
     11.4.2. Cardiology
     11.4.3. Neurology
     11.4.4. Pulmonology
     11.4.5. Gynecology
     11.4.6. Orthopedic
     11.4.7. Laparoscopy
     11.4.8. Gastroenterology
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Diagnostic Imaging Equipment Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Diagnostic Imaging Equipment Market: Market Share Analysis
  12.2. Diagnostic Imaging Equipment Distributors and Customers
  12.3. Diagnostic Imaging Equipment Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Toshiba Corp.
     12.4.2. Koninklijke Philips N.V.
     12.4.3. Hitachi Medical Systems
     12.4.4. Fujifilm Holdings Corp.
     12.4.5. Carestream Health
     12.4.6. GE Healthcare
     12.4.7. Esaote SpA
     12.4.8. Holo