PUBLISHER: BIS Research | PRODUCT CODE: 1570639
PUBLISHER: BIS Research | PRODUCT CODE: 1570639
Europe Digital Diagnostics Market: Focus on Application, Product, End User, and Country - Analysis and Forecast, 2023-2033
Introduction to Europe Digital Diagnostics Market
The Europe digital diagnostics market is projected to reach $2,538.2 million by 2033 from $425.2 million in 2023, growing at a CAGR of 19.56% during the forecast period 2023-2033. The European digital diagnostics market is typified by high rivalry, with both established enterprises and emerging players striving for market dominance. The predicted growth and evolution of this industry bring challenges and opportunities, making it a fascinating area to watch in the future years. Businesses will encounter challenges with data security, market saturation, and regulatory compliance as the digital diagnostics industry grows. But there are lots of chances for people who can fulfill changing client expectations, create strategic alliances, and quickly adopt new technologies.
Market Introduction
| KEY MARKET STATISTICS | |
|---|---|
| Forecast Period | 2023 - 2033 |
| 2023 Evaluation | $425.2 Million |
| 2033 Forecast | $2,538.2 Million |
| CAGR | 19.56% |
The market for digital diagnostics in Europe is expanding significantly due to both the growing need for effective healthcare solutions and technological improvements.
The spread of telemedicine, the use of AI and machine learning in diagnostics, and the increased focus on personalized care are important drivers of this expansion. With the use of real-time data and analytics, these innovations are revolutionizing traditional diagnostic procedures and empowering medical practitioners to make more informed judgments.
Furthermore, the pandemic of COVID-19 has expedited the transition to digital diagnostics, emphasizing the necessity for quick and remote testing options. European regulatory agencies are also aiding with this shift by putting in place frameworks that make it easier to approve and incorporate digital diagnostic tools into healthcare systems.
The European digital diagnostics market is expected to grow significantly due to the increasing demand for remote monitoring and diagnostic solutions. This will present new opportunities for innovative firms that can adjust to the evolving needs of the healthcare industry.
Market Segmentation:
Segmentation 1: by Application
- Cardiology
- Oncology
- Neurology
- Pathology
- Others
Segmentation 2: by End User
- Hospitals
- Clinical Laboratories
- Others
Segmentation 3: by Product
- Hardware
- Software
Segmentation 4: by Country
- Germany
- France
- Italy
- Spain
- U.K.
- Rest-of-Europe
How can this report add value to an organization?
Workflow/Innovation Strategy: The Europe digital diagnostics market (by application) has been segmented into detailed segments of the application of digital diagnostics based on disease indications, including cardiology, oncology, neurology, pathology, and others. Moreover, the study provides the reader with a detailed understanding of the products that are majorly segmented into hardware and software.
Growth/Marketing Strategy: The digital diagnostics market encompasses a range of digital devices available in the market. Since the market is growing, there are upcoming technologies that can further enhance the adoption of digital diagnostics and AI in the market.
Competitive Strategy: Key players in the Europe digital diagnostics market have been analyzed and profiled in the study, including manufacturers involved in new product launches, acquisitions, expansions, and strategic collaborations. Moreover, a detailed competitive benchmarking of the players operating in the Europe digital diagnostics market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Table of Contents
Executive Summary
Scope and Definition
1 Markets
- 1.1 Trends: Current and Future Impact Assessment
- 1.1.1 Digital Diagnostics Market Trend Analysis
- 1.1.2 Increasing Number of Startups in the Market
- 1.1.3 Partnerships and Collaborations among Market Players
- 1.2 Research and Development Review
- 1.2.1 Patent Filing Trend (by Country, Year)
- 1.3 Regulatory Landscape
- 1.4 Impact Analysis for Key Global Events - COVID-19
- 1.5 Market Dynamics: Overview
- 1.5.1 Market Drivers
- 1.5.1.1 Growing Burden of Chronic Diseases
- 1.5.1.2 Increasing Adoption of Advanced Technologies
- 1.5.1.3 AI Adoption in Digital Diagnostic Devices
- 1.5.2 Market Restraints
- 1.5.2.1 Challenges Regarding Biased Data Leading to Miscalculations in Data-Driven Diagnostic Software
- 1.5.2.2 Lack of Stringent Regulatory Guidelines
- 1.5.3 Market Opportunities
- 1.5.3.1 Increasing Opportunities for Digital Diagnostic Solutions in Emerging Economies
- 1.5.3.2 Synergetic Partnership Opportunities with Hospitals and Diagnostic Centers to Reduce Wait Times and Burden
- 1.5.1 Market Drivers
2 Regions
- 2.1 Regional Summary
- 2.2 Drivers and Restraints
- 2.3 Europe
- 2.3.1 Regional Overview
- 2.3.1.1 Driving Factors for Market Growth
- 2.3.1.2 Factors Challenging the Market
- 2.3.2 Application
- 2.3.3 Product
- 2.3.4 France
- 2.3.5 Germany
- 2.3.6 U.K.
- 2.3.7 Spain
- 2.3.8 Italy
- 2.3.9 Rest-of-Europe
- 2.3.1 Regional Overview
3 Markets -Competitive Benchmarking &
Company Profiles
- 3.1 Geographic Assessment
- 3.1.1 Koninklijke Philips N.V.
- 3.1.1.1 Overview
- 3.1.1.2 Top Products/Product Portfolio
- 3.1.1.3 Target Customers
- 3.1.1.4 Key Personnel
- 3.1.1.5 Analyst View
- 3.1.2 Siemens Healthineers
- 3.1.2.1 Overview
- 3.1.2.2 Top Products/Product Portfolio
- 3.1.2.3 Target Customers
- 3.1.2.4 Key Personnel
- 3.1.2.5 Analyst View
- 3.1.3 Medtronic plc
- 3.1.3.1 Overview
- 3.1.3.2 Top Products
- 3.1.3.3 Target Customers
- 3.1.3.4 Key Personnel
- 3.1.3.5 Analyst View
- 3.1.4 Nano-X Imaging Ltd.
- 3.1.4.1 Overview
- 3.1.4.2 Top Products
- 3.1.4.3 Target Customers
- 3.1.4.4 Key Personnel
- 3.1.4.5 Analyst View
- 3.1.5 Brainomix
- 3.1.5.1 Overview
- 3.1.5.2 Top Products
- 3.1.5.3 Target Customers
- 3.1.5.4 Key Personnel
- 3.1.5.5 Analyst View
- 3.1.1 Koninklijke Philips N.V.
4 Research Methodology
- 4.1 Data Sources
- 4.1.1 Primary Data Sources
- 4.1.2 Secondary Data Sources
- 4.1.3 Data Triangulation
- 4.2 Market Estimation and Forecast
List of Figures
- Figure 1: Digital Diagnostics Market (by Region), $Million, 2022, 2026, and 2033
- Figure 2: Europe Digital Diagnostics Market (by Application), $Million, 2022, 2026, and 2033
- Figure 3: Europe Digital Diagnostics Market (by End User), $Million, 2022, 2026, and 2033
- Figure 4: Europe Digital Diagnostics Market (by Product), $Million, 2022, 2026, and 2033
- Figure 5: Key Events to Keep a Track of Digital Diagnostics Market
- Figure 6: Digital Diagnostics Market (by Country), January 2020-December 2023
- Figure 7: Digital Diagnostics Market (by Year), January 2020-December 2023
- Figure 8: Proportion of People Suffering from Cancer for Five Years Based on the Stage of Diagnosis
- Figure 9: Technological Advancements in the Field of AI
- Figure 10: France Digital Diagnostics Market, $Million, 2022-2033
- Figure 11: Germany Digital Diagnostics Market, $Million, 2022-2033
- Figure 12: U.K. Digital Diagnostics Market, $Million, 2022-2033
- Figure 13: Spain Digital Diagnostics Market, $Million, 2022-2033
- Figure 14: Italy Digital Diagnostics Market, $Million, 2022-2033
- Figure 15: Rest-of-Europe Digital Diagnostics Market, $Million, 2022-2033
- Figure 16: Strategic Initiatives, 2020-2023
- Figure 17: Data Triangulation
- Figure 18: Top-Down and Bottom-Up Approach
- Figure 19: Assumptions and Limitations
List of Tables
- Table 1: Market Snapshot
- Table 2: Opportunities Across Regions
- Table 3: Startups Entering in the Digital Diagnostics Market
- Table 4: Digital Diagnostics Market, Key Partnerships and Collaborations
- Table 5: Digital Diagnostics Market, Regulatory Landscape
- Table 6: Comparative Table Outlining the Key Trends Affected by COVID-19
- Table 7: Impact Analysis of Market Navigating Factors, 2023-2033
- Table 8: Government Initiatives across Different Countries
- Table 9: Digital Diagnostics Market Players and Their Partnerships with Hospitals and Diagnostic Centers
- Table 10: Digital Diagnostics Market (by Region), $Million, 2022-2033
- Table 11: Europe Digital Diagnostics Market (by Application), $Million, 2022-2033
- Table 12: Europe Digital Diagnostics Market (by End User), $Million, 2022-2033
- Table 13: Europe Digital Diagnostics Market (by Product), $Million, 2022-2033
- Table 14: France Digital Diagnostics Market (by Application), $Million, 2022-2033
- Table 15: France Digital Diagnostics Market (by End User), $Million, 2022-2033
- Table 16: France Digital Diagnostics Market (by Product), $Million, 2022-2033
- Table 17: Germany Digital Diagnostics Market (by Application), $Million, 2022-2033
- Table 18: Germany Digital Diagnostics Market (by End User), $Million, 2022-2033
- Table 19: Germany Digital Diagnostics Market (by Product), $Million, 2022-2033
- Table 20: U.K. Digital Diagnostics Market (by Application), $Million, 2022-2033
- Table 21: U.K. Digital Diagnostics Market (by End User), $Million, 2022-2033
- Table 22: U.K. Digital Diagnostics Market (by Product), $Million, 2022-2033
- Table 23: Spain Digital Diagnostics Market (by Application), $Million, 2022-2033
- Table 24: Spain Digital Diagnostics Market (by End User), $Million, 2022-2033
- Table 25: Spain Digital Diagnostics Market (by Product), $Million, 2022-2033
- Table 26: Italy Digital Diagnostics Market (by Application), $Million, 2022-2033
- Table 27: Italy Digital Diagnostics Market (by End User), $Million, 2022-2033
- Table 28: Italy Digital Diagnostics Market (by Product), $Million, 2022-2033
- Table 29: Rest-of-Europe Digital Diagnostics Market (by Application), $Million, 2022-2033
- Table 30: Rest-of-Europe Digital Diagnostics Market (by End User), $Million, 2022-2033
- Table 31: Rest-of-Europe Digital Diagnostics Market (by Product), $Million, 2022-2033
