Germany Diagnostic Imaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Germany Diagnostic Imaging Market Analysis

The Germany diagnostic imaging market is expected to register a CAGR of 5.2% during the forecast period (2022-2027).

COVID-19 has brought several adverse impacts on imaging services. Hospitals, clinics, and diagnostic centers are unable to provide services due to lockdown situations and social distancing protocols in Germany. Moreover, the tremendous pressure on the hospitals for providing services to COVID-19 patients is also a factor that is leading to declining diagnostic imaging procedures in Germany. However, this impact is expected to last short-term and diagnostics imaging procedures. However, the adoption of imaging procedures for disease diagnostic increased the demand for diagnostic imaging in the country. In the article 'Impact of the COVID 19 Pandemic on Radiological Imaging in Germany' published in December 2021 stated that an abrupt and severe transient reduction in imaging volume was linked to the COVID-19 pandemic but radiologic imaging examinations quickly recovered following the initial shutdown, slowly catching up to prior-year levels. This shows an increase in demand for diagnostic imaging in the country. Thus, the pandemic is anticipated to have a considerable impact on the market studied.

The major factors augmenting the growth of the diagnostic imaging market in Germany include an increase in the burden of chronic diseases coupled with increased adoption of advanced technologies in medical imaging and the rise in the geriatric population. For instance, according to estimates from the Global Cancer Observatory updated in March 2021, around 628,519 new cancer cases were identified in Germany in the prior year. Likewise, according to the article "German Heart Surgery Report 2020: The Annual Updated Registry of the German Society for Thoracic and Cardiovascular Surgery" published in June 2021 there were approximately 29,444 isolated coronary artery bypass grafting procedures, 35,469 isolated heart valve procedures, and 843 assist device implantations (including left/right/biventricular assist devices, total artificial devices) registered in Germany. According to the same source, the number of solitary heart transplants in Germany has surged to 340, a 2.1 percent increase over the previous year. Thus, such an increase in cases of chronic conditions increased the demand for imaging procedures for disease diagnostics. Thereby, driving market growth over the forecast period.

Moreover, the initiatives and investments by the public and private sectors are increasing in Germany in the diagnostic imaging segment for the advancement of the available technologies. For instance, In July 2022, the managing director at the Center for Prenatal Diagnosis and Human Genetics in Berlin, Germany recommended the newly launched premium ultrasound device with Voluson Expert 22 developed by GE Healthcare and this ultrasound equipment provides improved images thanks to graphics-based beamforming technology, a number of AI-powered capabilities, and shorter exam durations. Such developments are projected to boost the market growth in the country.

Therefore, owing to the aforementioned factors the market studied is anticipated to grow in Germany and witness growth over the forecast period. However, the side effects associated with diagnostic imaging procedures are expected to hinder the overall studied market growth in the future in Germany.

Germany Diagnostic Imaging Market Trends

This section covers the major market trends shaping the Germany Diagnostic Imaging Market according to our research experts:

Computed Tomography is Expected to Hold Significant Market Share

Germany Diagnostic Imaging Industry Segmentation

As per the scope of this report, diagnostic imaging is a common technique to help visualize physical diagnosis in the clinical community. For diagnostic purposes, these systems are used to image the body to obtain a correct diagnosis and determine future care. Diagnostic imaging is the technique or process of creating visual illustrations of the inner body for clinical examination and medical interpolation, along with the visual representation of the function of certain organs or tissues. The Germany diagnostic imaging market is segmented by Modality (MRI, Computed Tomography, Ultrasound, X-Ray and Other Modalities), Applications (Cardiology, Oncology, Neurology, Orthopedics, Other Applications), and End-User (Hospital, Diagnostic Center, and Others). The report offers the value (in USD million) for the above segments.