Forecast Period
|
2026-2030
|
Market Size (2024)
|
USD 2.77 Billion
|
Market Size (2030)
|
USD 4.07 Billion
|
CAGR (2025-2030)
|
6.58%
|
Fastest Growing Segment
|
Interventional Imaging Systems
|
Largest Market
|
Germany
|
Market Overview
Europe Interventional Imaging Market was
valued at USD 2.77 Billion in 2024 and is expected to reach USD 4.07 Billion by
2030 with a CAGR of 6.58% during the forecast period. The Europe interventional
imaging market is being driven by advancements in imaging technologies,
increasing demand for minimally invasive procedures, and a growing aging
population. The rise in chronic diseases, such as cardiovascular disorders,
cancer, and neurological conditions, has led to a higher need for precise,
real-time imaging during procedures like biopsies, catheter placements, and
stent insertions. According to a study titled, “Chronic disease
research in Europe and the need for integrated population cohorts”, In
the European Union, chronic diseases account for 85% of all deaths, including
cancer, cardiovascular disease, chronic respiratory diseases, diabetes, and
mental health disorders. Cancer is the leading cause of death before the age of
65, while cardiovascular disease becomes the primary cause of death after the
age of 65.
Technological innovations, such as 3D
imaging, fluoroscopy, and hybrid imaging systems, are enhancing the accuracy
and efficiency of interventional procedures. Rising healthcare expenditure and
improving healthcare infrastructure across Europe are contributing to the
market’s growth. The preference for minimally invasive techniques, which offer
quicker recovery times and reduced risks, further fuels the demand for
interventional imaging systems in both hospitals and outpatient settings.
Key Market Drivers
Advancements
in Imaging Technologies
One of the most significant drivers of
the European interventional imaging market is the rapid advancement in imaging
technologies. With innovations such as 3D imaging, magnetic resonance imaging
(MRI)-guided procedures, and hybrid imaging systems, healthcare professionals
can now achieve higher precision during interventional procedures. For example,
the integration of computed tomography (CT) and MRI with fluoroscopy enhances
the visualization of anatomical structures in real-time, enabling doctors to
perform more accurate and effective procedures. These technological
developments not only improve patient outcomes but also reduce procedure time,
thereby enhancing operational efficiency. New imaging technologies, such as
advanced ultrasound systems and robotic-assisted imaging, provide
high-resolution images that assist clinicians in better diagnosing and treating
complex conditions, further boosting the market. In July 2024, CSEM,
a leader in micro-electro-mechanical systems (MEMS), joined forces with Nanox
Imaging Ltd to create innovative MEMS chips designed for cutting-edge X-ray
medical imaging systems. These chips, central to Nanox’s new Digital
Tomosynthesis system, are set to revolutionize the field of medical X-ray
imaging.
Advancements in image processing
techniques, such as artificial intelligence (AI) and machine learning (ML), are
optimizing image quality, reducing the need for contrast agents, and providing
real-time analysis. AI algorithms now assist in detecting irregularities, such
as tumors or blockages, more efficiently than human capabilities. This results
in quicker decision-making and more accurate interventional procedures, making
it a powerful driver for the European market.
Increasing
Prevalence of Chronic Diseases
The rising prevalence of chronic
diseases such as cardiovascular diseases (CVD), cancer, diabetes, and
neurological disorders is another key driver of the European interventional
imaging market. Chronic conditions often require surgical interventions or diagnostic
imaging to assess and monitor the severity of the disease. For instance,
interventional imaging is critical in procedures like angioplasties, stent
placements, tumor ablation, and biopsies. The aging population in Europe,
particularly in countries like Germany, Italy, and France, has contributed to a
higher incidence of chronic diseases, driving the demand for advanced imaging
technologies used during interventional procedures.
Cardiovascular diseases, in particular,
are among the most common chronic conditions in Europe. According to WHO,
Cardiovascular diseases (CVDs) are the leading cause of disability and early
death in the European Region, responsible for more than 42.5% of all deaths
each year—equating to around 10,000 deaths per day. According to the WHO/Europe
report, men in the region are nearly 2.5 times more likely to die from CVDs
than women.
The demand for diagnostic imaging during
heart-related interventions, such as coronary artery bypass grafting (CABG),
angioplasty, and stent insertion, is continuously rising. Similarly, the
increasing prevalence of cancer across Europe has driven the need for imaging
modalities that can guide surgeons during tumor resection and other
interventional oncology procedures. As the burden of chronic diseases
increases, the demand for interventional imaging technologies that can guide
minimally invasive procedures is expected to grow significantly.
Rising
Healthcare Expenditure
Europe’s growing healthcare expenditure
is a critical driver for the interventional imaging market. As European
governments allocate more funds toward healthcare, hospitals and healthcare
providers are investing in advanced diagnostic and treatment technologies,
including interventional imaging systems. This investment enables hospitals to
offer cutting-edge treatment options to patients and enhances their
capabilities to conduct a wide range of interventional procedures.
The increased spending on healthcare
infrastructure and medical technology also means that hospitals are more likely
to adopt innovative solutions that improve patient outcomes. Governments and
private healthcare institutions across Europe are prioritizing the purchase of
imaging systems for use in interventional radiology, cardiology, oncology, and
neurology, thus promoting the growth of the market. Reimbursement policies in
several European countries, which cover advanced imaging technologies, further
support the acquisition of interventional imaging systems.
Increasing
Demand for Hybrid Imaging Systems
Hybrid imaging systems, which combine
multiple imaging modalities into one platform, have become increasingly popular
in Europe and are driving the interventional imaging market. Systems such as
PET/CT (Positron Emission Tomography and Computed Tomography) and SPECT/CT
(Single Photon Emission Computed Tomography and Computed Tomography) offer
real-time, multi-dimensional images that improve diagnostic accuracy and guide
interventional procedures more effectively. The demand for these systems has
risen as healthcare professionals seek to enhance their ability to detect
diseases at an early stage, monitor disease progression, and guide surgical
procedures with a high degree of precision.
Hybrid imaging systems are particularly
valuable in oncology, where both anatomic and functional imaging are required
to assess tumors accurately. The ability to provide comprehensive imaging data
in one session, reducing patient exposure to multiple imaging tests, has made
hybrid imaging a preferred choice among clinicians and patients alike. As
healthcare providers continue to adopt these advanced imaging systems, the
interventional imaging market is expected to grow significantly.
Improving
Patient Outcomes and Faster Recovery
Improved patient outcomes and faster
recovery times are central to the demand for interventional imaging
technologies. With the growing focus on delivering high-quality care with
minimal disruption to patients, the ability to use real-time imaging to guide
procedures has become crucial. Interventional imaging systems allow for more
precise procedures, reducing the likelihood of complications and enhancing the
healing process.
For example, in cardiovascular
procedures, real-time imaging guidance during catheter-based interventions
helps clinicians position stents accurately, reducing the risk of restenosis or
procedural failure. Similarly, in oncology, advanced imaging assists surgeons
in removing tumors more accurately, minimizing the need for extensive tissue
excision and promoting quicker recovery. The ability to achieve these positive
outcomes with fewer complications and faster recovery times has driven
healthcare providers to increasingly rely on interventional imaging
technologies.
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Key Market Challenges
High
Cost of Advanced Imaging Technologies
One of the primary challenges impacting
the Europe interventional imaging market is the high cost of advanced imaging
technologies. Interventional imaging systems, such as MRI, CT, and hybrid
imaging platforms, require substantial investment not only in the initial
purchase but also in maintenance, training, and operational expenses. These
systems are often complex and require highly skilled professionals for
installation and use, which can further add to the overall costs. As a result,
healthcare institutions in some European countries may hesitate to adopt these
advanced imaging solutions due to budget constraints or competing financial
priorities.
While many healthcare providers
recognize the benefits of advanced interventional imaging technologies, such as
improved accuracy, faster procedure times, and better patient outcomes, the
high upfront costs can be a significant barrier. This is particularly true in
countries with stringent healthcare budgets or in public health systems where
spending is often closely monitored and controlled. Smaller or medium-sized
hospitals and healthcare centers, particularly in less economically developed
regions, may struggle to afford these high-tech solutions, resulting in unequal
access to cutting-edge care across different parts of Europe.
Although some regions have reimbursement
policies that cover a significant portion of the costs of medical imaging
technologies, these reimbursements may not always be sufficient to fully offset
the high expenditure. This can discourage some healthcare facilities from
investing in newer systems or upgrading existing imaging equipment.
Consequently, healthcare providers may choose to rely on older, less efficient
technologies, limiting the adoption and growth of advanced interventional
imaging solutions.
The cost factor also extends to
consumables and ongoing maintenance costs associated with imaging equipment,
which can be financially burdensome for hospitals and outpatient clinics. As
healthcare costs continue to rise across Europe, the price of acquiring and
maintaining interventional imaging equipment remains a critical challenge for
many healthcare providers, particularly in resource-constrained environments.
Regulatory
and Compliance Challenges
Another major challenge in the European
interventional imaging market is navigating the complex regulatory environment.
Medical devices, including interventional imaging technologies, must adhere to
strict safety and performance standards set by regulatory bodies such as the
European Medicines Agency (EMA) and the European Commission (EC). Manufacturers
must ensure that their products meet the necessary requirements to obtain CE
(Conformité Européenne) certification, which is mandatory for selling medical devices
in Europe.
The regulatory approval process can be
lengthy and expensive, especially for new technologies or devices that
incorporate innovative features like AI-driven image analysis or hybrid imaging
systems. For instance, any new imaging modality or system incorporating
artificial intelligence (AI) algorithms must undergo rigorous testing and
validation before it is deemed safe and effective for clinical use. This
regulatory hurdle can delay the market entry of advanced technologies and
increase the costs of development, ultimately limiting the availability of
cutting-edge interventional imaging solutions.
The regulatory environment in Europe is
continuously evolving, with the Medical Device Regulation (MDR) and In Vitro
Diagnostic Regulation (IVDR) coming into effect in recent years. These
regulations impose stricter requirements for manufacturers, making the approval
process more complicated and time-consuming. Companies must stay up-to-date
with these regulatory changes and ensure compliance, which can strain
resources, particularly for smaller firms that lack the regulatory expertise to
navigate these complex frameworks.
Variations in regulatory policies
between European countries can lead to inconsistencies in market access. Some
countries may have stricter regulatory procedures than others, which can create
delays in the approval process and hinder the timely availability of advanced
interventional imaging technologies. These regulatory challenges make it
difficult for manufacturers to quickly introduce new products into the market
and for healthcare providers to access the latest imaging technologies.
Key Market Trends
Growing
Preference for Minimally Invasive Procedures
The increasing preference for minimally
invasive procedures is another major driver of the European interventional
imaging market. These procedures offer significant advantages over traditional
open surgeries, including smaller incisions, reduced trauma, lower infection
rates, shorter recovery times, and reduced hospitalization costs.
Interventional imaging plays a crucial role in these procedures by offering
real-time imaging guidance, allowing healthcare professionals to perform
complex surgeries with greater precision.
Techniques such as angioplasty,
catheter-based therapies, and endovascular surgeries require high-quality,
real-time imaging to ensure optimal outcomes. As patients become more informed
about the benefits of minimally invasive procedures, the demand for interventional
imaging systems that assist in these treatments continues to rise. Hospitals,
outpatient clinics, and surgical centers are increasingly investing in
interventional imaging solutions to improve patient care and enhance the
efficiency of procedures, fueling the market growth.
Technological
Integration with Robotic Surgery
The integration of interventional
imaging with robotic-assisted surgery is emerging as a transformative trend in
the European market. Robotic surgery systems, when combined with advanced
imaging technologies, enable precise navigation during procedures, allowing for
greater accuracy and better outcomes. The use of robotic assistance during
minimally invasive procedures is particularly effective in complex surgeries,
such as those in the brain, spine, or cardiovascular systems. In July 2022, Unilabs,
a leading provider of diagnostic services, has partnered with Subtle Medical, a
healthcare technology company that leverages artificial intelligence to enhance
MRI quality and speed. This collaboration aims to further elevate the quality
and efficiency of Unilabs' MRI imaging. Initially launching in Sweden, the
solution will enhance Unilabs' MRI program, driving industry-leading
productivity and delivering an even better patient experience.
For example, robotic systems used in
conjunction with real-time imaging, such as fluoroscopy or CT scans, enable
surgeons to navigate instruments with submillimeter accuracy. This reduces the
likelihood of complications and enhances surgical precision. With robotics
becoming increasingly popular in Europe due to its promise of better precision
and shorter recovery times, the demand for interventional imaging systems that
integrate with robotic platforms is expected to continue rising.
Segmental Insights
Offering Insights
Based on the Offering, Interventional
imaging systems are currently dominating the Europe interventional imaging
market. These systems, which include advanced imaging technologies such as
computed tomography (CT), magnetic resonance imaging (MRI), fluoroscopy, and
ultrasound, play a pivotal role in guiding minimally invasive procedures across
various medical fields like cardiology, oncology, neurology, and orthopedics.
Their ability to provide real-time, high-resolution images during procedures is
crucial for improving the precision, safety, and success rates of
interventions. The demand for advanced imaging systems is driven by the growing
preference for minimally invasive procedures, which offer quicker recovery
times, fewer complications, and reduced healthcare costs compared to
traditional open surgeries.
The healthcare infrastructure in many
European countries is well-equipped to adopt these high-end systems, with
hospitals and surgical centers continually upgrading their imaging capabilities
to provide better patient outcomes. With the increasing prevalence of chronic
diseases such as cardiovascular disorders, cancer, and neurological conditions
in Europe, the demand for advanced imaging technologies is intensifying.
Interventional imaging systems allow healthcare providers to perform complex
interventions, such as stent placements, tumor biopsies, and catheter-based
therapies, with a higher degree of accuracy and reduced risk of complications.
Technological advancements in interventional imaging, such as the integration
of artificial intelligence (AI) for enhanced image interpretation and the
development of hybrid imaging systems (e.g., PET/CT, SPECT/CT), are further
driving the market growth. These innovations allow for improved diagnostic
capabilities, faster decision-making, and more accurate procedures. As
healthcare facilities in Europe are focusing on achieving better clinical
outcomes and operational efficiencies, investing in state-of-the-art
interventional imaging systems is becoming a priority.
Application Insights
Based on the application, Cardiology dominated the Europe interventional imaging market. The rising
prevalence of cardiovascular diseases (CVDs), such as coronary artery disease,
stroke, and heart failure, has significantly driven the demand for advanced
interventional imaging systems in this field. Interventional imaging
technologies, such as fluoroscopy, computed tomography (CT), and magnetic
resonance imaging (MRI), play a critical role in guiding minimally invasive
cardiovascular procedures, including angioplasty, stent placements, and
catheter-based interventions.
Cardiovascular interventions require
precise imaging to navigate the intricate network of blood vessels, identify
blockages, and ensure the accurate placement of stents or other devices.
Interventional imaging systems provide real-time, high-resolution visuals,
which help clinicians make informed decisions during these procedures, thereby
improving patient outcomes. For example, fluoroscopy is widely used in guiding
catheter insertion and angioplasty, while CT angiography and MRI offer
detailed, three-dimensional views of coronary arteries and heart structures,
aiding in the diagnosis and treatment planning for various heart conditions. With
Europe’s aging population and the increasing prevalence of lifestyle-related
risk factors, such as obesity, smoking, and hypertension, the burden of
cardiovascular diseases is expected to continue growing. This trend is leading
to an increased demand for interventional imaging solutions, which are integral
to diagnosing and treating cardiovascular issues with minimal invasiveness.
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Country Insights
Germany
was dominating the Europe interventional imaging market. The country’s
well-established healthcare infrastructure, coupled with high healthcare
expenditure and a strong emphasis on adopting cutting-edge medical
technologies, makes Germany a leader in this sector. Germany has one of the
most advanced healthcare systems in Europe, with a significant number of
hospitals, medical centers, and clinics equipped with state-of-the-art imaging
technologies. The country's strong focus on research and development, coupled
with its robust medical device industry, has led to the widespread adoption of
advanced interventional imaging systems.
Germany’s
large population and the increasing prevalence of chronic diseases, such as
cardiovascular diseases, cancer, and neurological disorders, have driven the
demand for advanced imaging systems in the country. These conditions require
accurate, real-time imaging to guide minimally invasive procedures, a demand
that interventional imaging systems are perfectly positioned to meet. German
hospitals and healthcare providers are continually upgrading their facilities
with the latest imaging technologies to ensure optimal patient outcomes,
contributing to the market’s growth.
In
addition, the German healthcare system offers a favorable environment for
healthcare innovation, with high levels of government and private sector
investment in medical technology. This investment enables healthcare providers
to purchase and implement the latest interventional imaging solutions, making
them accessible to a large number of patients. Germany’s reimbursement policies
also support the adoption of advanced medical technologies, including
interventional imaging systems, further promoting market growth. Germany is
home to a number of leading manufacturers and suppliers of interventional
imaging equipment, which strengthens its position as a market leader. German
companies are at the forefront of technological advancements in imaging
systems, such as the integration of artificial intelligence (AI), hybrid
imaging technologies, and real-time image processing software, all of which
contribute to the effectiveness of interventional procedures.
Recent Developments
- In February 2024, Royal Philips and
Synthetic MR (Linköping, Sweden), a company specializing in MRI software
solutions, have announced the launch of Smart Quant Neuro 3D. This innovative technology
marks a significant advancement in providing objective decision support for
diagnosing and assessing treatments for brain disorders such as multiple
sclerosis (MS), traumatic brain injury (TBI), and dementia. As healthcare
providers work to deliver high-quality care, Philips is partnering with its
customers at #ECR2024 to enhance productivity and improve access to more
sustainable healthcare solutions.
- In November 2023, in a significant
development for medical technology, sitem-insel, the Swiss Institute for
Translational Medicine and Entrepreneurship in Bern, has launched the Dynamic
Imaging Center (DIC). This innovative facility introduces a pioneering approach
to X-ray imaging, enabling the first-ever simultaneous dynamic X-ray images
from multiple angles. This breakthrough has the potential to transform clinical
research in Europe, especially in the field of musculoskeletal disorders. The
establishment of the DIC is the result of a collaborative effort between
Inselspital and Empa. Inselspital provides essential medical expertise, while
Empa contributes its advanced knowledge in biomechanical modeling and image
processing. Together, they have created a one-of-a-kind laboratory unit in
Europe, setting a new standard in imaging technology.
- In January 2025, Leopard Imaging Inc., a
global leader in intelligent vision solutions, is thrilled to unveil its
cutting-edge imaging technologies powered by the NVIDIA Holoscan platform at
CES 2025. This new product launch aims to transform sensor data processing by
facilitating seamless integration from sensors to compute, thereby enhancing
real-time applications across various industries.
- In October 2024, GE HealthCare has
partnered with University Medicine Essen (UME) to create a new Theranostics
Centre of Excellence in Germany, aimed at advancing precision care and
expanding access to personalized cancer treatments. The center will be equipped
with state-of-the-art technologies and solutions to support both clinical
practice and cutting-edge research, benefiting healthcare providers in Germany
and globally. This collaboration centers on boosting the production and availability
of radioisotopes for accurate disease diagnosis and monitoring. It will offer
facilities for dose calculation, improved image quality, enhanced care
coordination, and streamlined operations.
- In January 2024, b-rayZ, a Swiss leader
in AI-driven medical imaging solutions, is pleased to announce that it has
received the CE mark for its innovative DANAI technology. Integrated seamlessly
into the comprehensive breast diagnostic suites, b-box plus, DANAI enhances breast
cancer detection, density assessment, and quality-controlled breast
positioning. This marks a significant advancement in radiology with the
introduction of a pioneering Custom AI framework, designed to dynamically
adjust to the unique needs of breast imaging institutions and their
professional staff. Representing a major shift in AI technology, DANAI offers
unparalleled adaptability, allowing it to integrate smoothly into various
clinical settings. This flexible framework can be calibrated to meet the
specific requirements of each imaging unit, ultimately improving diagnostic
accuracy and optimizing operational efficiency.
Key Market Players
- Koninklijke Philips NV
- Medtronic GmbH
- Siemens Healthineers AG
- Canon Medical Systems Europe B.V.
- Angiopro GmbH
- B. Braun Melsungen AG
- GE Healthcare Finland Oy
- Carestream Health Netherlands, B.V.
- FUJIFILM Europe GmbH
- Shimadzu Europa GmbH
- ESAOTE Europe B.V.
By Offering
|
By Application
|
By End User
|
By Country
|
- Interventional Imaging Systems
- Interventional Imaging Software
- Consumables
|
- Cardiology
- Neurology
- Musculoskeletal
- Oncology
- Urology
- Gastroenterology
- Obstetrics
- Gynecology
- Others
|
- Hospitals
- Ambulatory Surgical Centers
- Clinics
|
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Poland
- Bulgaria
- Finland
- Portugal
|
Report Scope:
In this report, the
Europe Interventional Imaging Market has
been segmented into the following categories, in addition to the industry
trends which have also been detailed below:
·
Europe Interventional Imaging Market, By Offering:
o
Interventional Imaging
Systems
o
Interventional Imaging
Software
o
Consumables
·
Europe Interventional Imaging Market, By Application:
o
Cardiology
o
Neurology
o
Musculoskeletal
o
Oncology
o
Urology
o
Gastroenterology
o
Obstetrics
o
Gynecology
o
Others
·
Europe Interventional Imaging Market, By End User:
o
Hospitals
o
Ambulatory Surgical Centers
o
Clinics
·
Europe Interventional Imaging Market, By Country:
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Poland
o Bulgaria
o Finland
o Portugal
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the Europe Interventional Imaging
Market.
Available Customizations:
Europe
Interventional Imaging Market report with
the given market data, TechSci Research offers customizations according to a
company's specific needs. The following customization options are available for
the report:
Company Information
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additional market players (up to five).
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