Europe
medical imaging equipment market Analysis, Trends, Share, Development Policies,
and Future Growth (2025-2031)

The Europe medical imaging equipment market size is
expected to reach US$ 20,311.07 million by 2031 from US$ 15,054.22 million in
2024. The market is estimated to record a CAGR of 4.4% from 2025 to 2031.

Executive Summary and Europe Medical Imaging Equipment
Market Analysis

Europe is a significant region for the medical imaging
equipment market, attributed to its advanced healthcare systems, high adoption
rates of new technologies, and strong regulatory frameworks, particularly for
imaging. MRI, CT, and ultrasound are identified as the most innovative imaging
technologies in Europe. The design of imaging systems is currently focused on
maximizing precision and resolution in imaging, along with the introduction and
integration of AI technology to enhance detection and diagnostic capabilities.

Europe Medical Imaging Equipment Market Segmentation
Analysis

The medical imaging equipment market analysis is structured
by type and application.

By product type, the medical imaging equipment market is
segmented into Magnetic Resonance Imaging Systems, Ultrasound, Computed
Tomography Devices, X-Ray Imaging Devices, and Nuclear Imaging Systems. The
Computed Tomography segment led the market in 2024.

In terms of applications, the market is segmented into
Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology,
Urology, and Other Applications. The oncology segment held the largest share of
the market in 2024.

By end user, the market is segmented into Hospitals,
Specialty Clinics, Diagnostics Imaging Centers, Academic & Research
Institutes, and Others. The hospitals segment held the largest share of the
market in 2024.

Europe Medical Imaging Equipment Market Outlook

Europe's prominence in the medical imaging equipment market
stems from its advanced healthcare systems, high rates of new technology
adoption, and robust regulatory systems, specifically concerning imaging
technologies. MRI, CT, and ultrasound are categorized as the most innovative
imaging technologies in Europe. Imaging systems are being designed with an
emphasis on maximizing precision and resolution in imaging, as well as the
introduction and incorporation of AI technology focused on improving detection and
diagnostic capabilities.

The increasing prevalence of chronic diseases such as
cancer, cardiovascular, and neurological conditions, along with the growth of
an aging population contributing to a higher incidence of chronic diseases and
illnesses, are key drivers for market growth in the region. Furthermore, with
efforts to ensure health and accessibility, and to introduce solutions focused
on preventative healthcare by detecting chronic illnesses sooner for earlier
management, the demand for improved imaging solutions remains high within both
the public and private sectors of the healthcare markets.

Europe Medical Imaging Equipment Market
Insights

Based on region, the Europe medical imaging equipment Market
is further segmented into Brazil, Argentina, Chile, Colombia, Peru, and Rest of
SACA. Brazil held the largest share in 2024.

Germany continues to be the largest medical imaging
equipment market in Europe, a strength derived from its highly developed
healthcare system that provides universal healthcare coverage through public
and private health insurers. Germany has an excellent infrastructure for
medical diagnostics with a high penetration of MRI, CT, X-ray, and PET scanners
in the public hospital system, private clinics and specialist imaging centres.
The country's growing above-average aging population will continue driving the
need for a very broad base for diagnostic imaging services for chronic diseases
(cancer, cardiac, neurological etc.).

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