Europe Pediatric Radiology Market

Europe Pediatric Radiology Market Size (2023 to 2028)

The pediatric radiology market in Europe is anticipated to be worth USD 2.37 billion by 2028 from USD 1.91 billion in 2023, growing at a CAGR of 4.41% from 2023 to 2028.

Increasing cases of pneumonia in children are the primary factor for the market's growth. Pneumonia is an infection affecting the lungs. According to the latest survey in the United Kingdom, nearly five children out of 800 are affected with pneumonia each year. Pneumonia is mainly seen in children who are aged above five years. It can be caused in children in several ways; most children get this issue from their parents at birth. Early detection of the problem helps with a speedy recovery for the children, and therefore, it is essential to have proper diagnostic procedures like pediatric radiology.

An increase in malnutrition in children also demands the growth of pediatric radiology. Malnutrition occurs in children due to not taking enough healthy food. Nearly 4 million UK children suffer from malnutrition because their families are too poor to afford food. This results in poor health conditions, which require radiology to detect the problems. The UK government has conducted various programs about the importance of giving children healthy food and spreading awareness of the use of radiology treatment for their children to detect the issues they are suffering from.

The rising number of pediatric radiology clinics in this region drives the market forward. In recent years, due to the increasing number of diseases in children, most healthcare providers favor establishing clinics to treat children. Radiology clinics also care more about creating a suitable environment for children below ten years of age to get clear images for further analysis. In addition, increasing advancement in radiology with less radiation and side effects for children also demands market growth.

The high cost of advanced radiology tools and the lack of skilled professionals are the two major restraints for market growth. In addition, children can feel stressed if the radiology process is done without their interest. Some of the side effects caused by long-time radiation in children also hamper the market growth.

This research report on the European pediatric radiology market has been segmented and sub-segmented into the following categories:

By Type:

• Magnetic Resonance Imaging (MRI)
• X-Ray
• Ultrasound
• Computed Tomography

By Modality:

• Standalone Devices
• Table-top Devices
• Portable Devices

By End-User:

• Hospitals
• Clinics
• Diagnostic Centers
• Others

By Country:

• United Kingdom
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Rest of Europe

Europe accounted for a substantial share of the global pediatric radiology market in 2021 and is anticipated to showcase promising growth during the forecast period owing to the increasing healthcare expenditure and awareness of the importance of disease detection. R&D of pediatric imaging is increasing in the European region to the European Society of Pediatrics Radiology (ESPR) committee, which drives the market forward. The researchers are focusing on studying different areas of the imaging process that helps in the early detection of diseases in children at a young age. In addition, multinational companies are partnered together to develop advanced systems in pediatric radiology.

With an increasing number of childhood tumors in most children in Germany, pediatric radiology is in demand. Children's cancers are not the same as adult ones. German childhood cancer registry is used in Germany to collect all the details of the children suffering from different types of cancer and the symptoms they are facing. This registry helps analyze the cancer stages and which treatment is the most effective for reducing cancer in these children. In Germany, malignant bone cancer is mainly seen in children below 15 years of age. Nearly 5 percent of children in Germany have malignant bone cancer. Therefore, the frequent occurrence of such problems supports the demand for pediatric radiology. Increasing pediatric radiology degree courses in Germany also result in demand for market growth in this region.

The UK market dominated the European region in 2021. In the United Kingdom, most healthcare providers focus on getting a clear picture through radiology in children, which helps make a quick decision on the treatment regime. Therefore, key players in this region focus on manufacturing the device and getting vivid imaging in radiology. 

KEY MARKET PLAYERS:

Companies playing a key role in the Europe pediatric radiology market include Esaote, Siemens, Mindray Medical, General Electric, Shimadzu Corporation, Hitachi, Samsung Medison, Toshiba, Fujifilm, Analogic, Koninklijke Philips, and Hologic.