The Europe diagnostic imaging market size was valued at USD 9.4 million in 2019 and is projected to expand at a substantial CAGR during the forecast period 2021-2028. 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.
The Covid-19 pandemic affected the demand and supply of Europe diagnostic imaging market. 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.
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 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 the Report
The report on the Europe diagnostic imaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Europe Diagnostic Imaging Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2021
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Historic Data
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2019–2020
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Forecast Period
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2021–2028
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Segmentation
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Types (X-Ray Imaging Solutions, Ultrasound Systems, MRI Systems, CT Scanners, Nuclear Imaging Solutions, Mammography, and Others), Applications (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, and Gynecology, and Other), and End-users (Diagnostic Centers, Hospitals, and Others)
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Regional Scope
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Europe
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Canon Medical Systems Corporation; Carestream Health Inc.; Esaote Spa; FUJIFILM Holdings Corporation
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Market Segment Insights:
The x-ray imaging solutions segment accounts for a key share of the market
Based on types, the Europe diagnostic imaging market is segregated into x-ray imaging solutions, ultrasound systems, MRI systems, CT scanners, nuclear imaging solutions, mammography, others. The x-ray imaging solutions 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.

The oncology segment is anticipated to hold a major market share during the forecast period
On the basis of applications, the Europe diagnostic imaging market is segregated into cardiology, oncology, neurology, orthopedics, gastroenterology, and gynecology, 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.
The hospitals & clinics segment accounts for a key share of the market
On the basis of end-users, the Europe diagnostic imaging 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.

Segments
Segments Covered in the Report
The Europe diagnostic imaging market is segmented on the basis of
Types
- X-Ray Imaging Solutions
- Ultrasound Systems
- MRI Systems
- CT Scanners
- Nuclear Imaging Solutions
- Mammography
- Others
Applications
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other
End-users
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Others
Regions
Key Players
- Canon Medical Systems Corporation
- Carestream Health Inc.
- Esaote Spa
- FUJIFILM Holdings Corporation
Competitive Landscape
The major players in the Europe diagnostic imaging market include Canon Medical Systems Corporation, Carestream Health Inc., Esaote Spa, and FUJIFILM Holdings Corporation.
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 raise their production line of the business in the coming years.
