Meticulous Research®, renowned for its global market analysis, recently unveiled a comprehensive report titled ‘Europe Medical Image Management Market by Product [PACS (Departmental, Enterprise) Delivery (On-Premise, Cloud-based) VNA (Delivery, Procurement, Vendor) AICA (Vendor), Universal Viewer] End User (Hospitals, Diagnostic Imaging Centers) - Forecast to 2030.’
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In this latest release, Meticulous Research® forecasts that the Europe medical image management market will surge to $2.01 billion by 2030, exhibiting a robust CAGR of 6.9% throughout the forecast period. Driving this growth are escalating investments in medical imaging technologies, heightened adoption of healthcare IT and electronic health records (EHR), burgeoning demand for medical image management solutions, and ongoing technological innovations in diagnostic imaging modalities. Furthermore, the integration of artificial intelligence into medical imaging, the burgeoning telehealth market across European nations, and the rapid accumulation of big data in the healthcare sector are poised to provide lucrative opportunities for market expansion. However, budgetary constraints and a shortage of skilled radiologists may impede market growth to some extent.
The Europe medical image management market is populated by key players such as Novarad Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), INFINITT Healthcare Co., Ltd. (South Korea), Siemens Healthineers AG (Germany), and others, as profiled in the report.
Future Outlook:
The report delves into the Europe medical image management market's segmentation by product, end user, and country, providing an in-depth analysis. Notably, the Picture Archive Communication System (PACS) segment is anticipated to dominate the market in 2023, owing to its extensive adoption across various departments, including radiology, cardiology, and more. Additionally, hospitals are poised to emerge as the largest end-user segment, driven by the proliferation of hospital expansions and partnerships with solution providers.
The United Kingdom is projected to witness the highest CAGR during the forecast period, attributed to factors such as rising demand for healthcare services, increased government funding for advanced imaging technologies and electronic health records, and growing adoption of medical image management solutions across healthcare facilities.
Key questions addressed in the report include identifying high-growth market segments, historical market trends, market forecasts for 2023–2030, major drivers, restraints, challenges, and opportunities, key players and their strategies, recent developments, and geographical trends in high-growth countries.
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