What is driving the Europe Medical Imaging Market Growth? See with Prominent Players

Europe Medical Imaging Market to Record a Robust Growth Rate of 5.1% During 2020-2026 According to the Graphical Research new growth forecast report titled “Europe Medical Imaging Market Size By Product (X-ray Devices, {Digital [Direct Radiography Systems, Computed Radiography Systems], Analog}, Magnetic Resonance Imaging (MRI), Ultrasound, {2D Ultrasound, 3D Ultrasound}, Computed Tomography, Nuclear Imaging, Mammography),

By End-use (Hospitals, Diagnostic Centers), Industry Analysis Report, Regional Outlook (Germany, UK, France, Italy, Spain, The Netherlands, Denmark, Russia, Poland, Sweden)�, Estimated To Exceed USD 13.3 Billion By 2026 Growing preference for minimally invasive surgeries in Europe will escalate the industry growth over the forthcoming years. Minimally invasive surgery possesses low-risk and are highly efficient. It is safe, feasible, cost-effective and patient-friendly method of performing a surgery. Due to such advantages, these techniques are being adopted in several countries of Europe. Also, several other benefits imparted by minimally invasive surgeries includes reduced post-operative pain, superior cosmetic result, and quicker recovery period. Recently developed medical imaging devices such as CT scan and MRI are extensively utilized in minimally invasive surgeries that proves beneficial for the Europe Medical Imaging Market growth.

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Based on product, the Europe Medical Imaging Market is fragmented into magnetic resonance imaging (MRI), computed tomography, ultrasound, nuclear imaging, X-ray devices, and mammography. The ultrasound segment will witness around 5.5% CAGR over the analysis period. Ultrasound is further segmented into 3D ultrasound, 2D ultrasound and others.

Ultrasound devices generate visual images of internal organs and are widely used for examining soft tissues. The image quality of ultrasound devices has greatly improved over the last few decades. Rising trend towards reducing the size of ultrasound devices as well as advanced software functionalities enables real time 3-D image reconstruction and real-time image fusion that will positively influence the segment growth.

Europe Medical Imaging Market, by end-use, is categorized into diagnostic centres, hospitals as well as others. The diagnostic centers segment was valued more than USD 2.6 billion in 2019 and is expected to show a lucrative growth over the analysis period. Rising preferences towards diagnostic centers for various non-surgical and surgical procedures will surge the segment revenue as these centers are well equipped with advance diagnostic and therapeutic devices. Additionally, developed public healthcare system in several countries of Europe ensures availability of superior quality medical imaging devices in diagnostic centers that will spur the segmental growth.

Browse key industry insights from this report Europe Medical Imaging Market in detail along with the table of contents at: https://bit.ly/33yDFBl Some of the prominent corporate players functioning in the market are Konica Minolta, GE Healthcare, Canon Medical System, Fujifilm, Hologic, Samsung Medison, Carestream Health, Siemens Healthineers, Philips, and Esaote. The industry participants are undertaking various business strategies such as expansion and innovations to expand their customer base and to cater the growing demand. In March 2020, Esaote delivered around 103 portable ultrasound systems across Italy in response to COVID-19 outbreak. The company also achieved substantial rise in revenue during COVID-19 crisis.

This strategy helped the company to strengthen its position in the market. Some significant industry participants include: Ashapura Group, Manek Group, Xuyi Botu Attapulgite, MinTech International, Jaxon Filtration, etc. These small and medium contributors accounted for over 25% of the overall attapulgite market in 2017. Discovery of vast reserves of palygorskite in Xuyi province in China with 890 million tons followed by the government efforts to exploit it, Europe Medical Imaging market will witness robust potential by 2024.

Table of Contents (ToC) of the report: Chapter 1 Methodology 1.1

Definition and forecast parameters

1.1.1 Definitions 1.1.2 Methodology and forecast parameters 2|Page

1.2

Data sources

1.3

References & sources

1.3.1 Secondary 1.3.2 Primary Chapter 2 Executive Summary 2.1

Europe Medical Imaging Market summary, 2015 - 2026

2.1.1 Country trends 2.1.2 Product trends 2.1.3 End-use trends Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1507/europe-medical-imagingmarket About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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