Market Trends of Europe Diagnostic Imaging Equipment Industry
This section covers the major market trends shaping the Europe Diagnostic Imaging Equipment Market according to our research experts:
Application in Oncology is Expected to Witness the Fastest Growth over the Forecast Period
Diagnostic imaging plays a vital role in interventional oncology (with rising opportunities to diagnose and treat in a targeted and minimally or non-invasive manner) as well as in chemo and radiation therapy. The tools, such as CT, are the highly beneficial and preferred method of imaging for many conditions, including trauma patients. Comparatively, PET is mostly preferred as compared to SPECT, and there are hybrid medical devices also available such as PET/CT or PET/MRI.
The use is expected to increase in the future due to the increasing incidence of cancer in Europe. As per a 2018 study by the International Agency for Research on Cancer, there were nearly 4.2 million cases of cancer in 2018, which is expected to increase to more than 4.8 million by 2030. This will increase the demand for diagnostic imaging equipment, which will boost the market growth in the region.
