Netherlands Diagnostic Imaging Equipment Market Size (2024 - 2029)

Netherlands Diagnostic Imaging Equipment Market Analysis

The Netherlands Diagnostic Imaging Equipment Market size is estimated at USD 597.10 million in 2024, and is expected to reach USD 733.97 million by 2029, growing at a CAGR of 4.21% during the forecast period (2024-2029).

Factors such as the rise in the prevalence of chronic diseases, technological advancement in imaging modalities, and the increasing geriatric population are actively affecting the growth of the market studied.

The increasing prevalence of cancer in the Netherlands is a significant driving factor in the growth of the diagnostic imaging equipment market. As new cancer cases continue to rise, there is a growing demand for advanced diagnostic tools to support early detection and effective treatment planning. For instance, according to Globocan 2022, the estimated number of new cancer cases among males is projected to increase by 31.9%, from 69.6 thousand in 2022 to 91.7 thousand in 2045. Similarly, the number of new cases among females is expected to rise by 21.7%, from 62.7 thousand in 2022 to 76.3 thousand in 2045.

This substantial increase in cancer incidence highlights the need for cutting-edge diagnostic imaging technologies, such as CT scanners, MRI machines, and ultrasound devices, to meet the growing demands of healthcare providers in the country. Therefore, the rising prevalence of cancer cases in the Netherlands is fueling the expansion of the diagnostic imaging equipment market.

Moreover, the geriatric population is more prone to chronic diseases and other age-related diseases. The prevalence of the target population in the Netherlands is high, and it is expected to rise in the future. According to the 2024 update by the Statistics Netherlands (CBS), the population aged 65 years and above was 3.6 million in 2024, which accounted for 20.5% of the total population in the Netherlands. The geriatric population in the country is expected to grow by 50% over the coming years. This increase in the elderly population is expected to create demand for diagnostic procedures, ultimately garnering the demand for diagnostic imaging equipment in the country.

Additionally, advancements in technology for more accurate methods for diagnosing bladder cancer, along with partnerships and funding from key players, are boosting the market growth. For instance, in February 2024, Scinvivo, a medtech startup based in Eindhoven, the Netherlands, secured EUR 4.7 million (USD 5.03 million) in funding to revolutionize bladder cancer diagnostics. Scinvivo's technology utilizes optical coherence tomography (OCT) to provide high-resolution images of bladder tissue, potentially enabling precise minimally invasive surgeries. This investment signifies a major step for Scinvivo and its innovative approach to bladder cancer diagnostics.

Such investments between healthcare institutions and key market players are expected to bolster the use of diagnostic imaging equipment for the management of various chronic diseases, thereby boosting market growth.

However, expensive procedures and equipment and side effects of diagnostic imaging are likely to impede market growth.

Netherlands Diagnostic Imaging Equipment Industry Segmentation

As per the scope of the report, the diagnostic imaging equipment market covers a wide array of medical devices used for diagnostic purposes. It has many oncological, orthopedic, gastroenterology, and gynecological applications.

The Dutch diagnostic imaging equipment market is segmented by modality (magnetic resonating imaging, computed tomography, ultrasound, X-ray, nuclear imaging, fluoroscopy, and mammography), application (cardiology, oncology, neurology, orthopedics, gastroenterology, gynecology, and other applications), and end user (hospital, diagnostic centers, and other end users). The report offers market sizes and forecasts in terms of value (USD) for all the above segments.