Market Trends of Germany Diagnostic Imaging Industry
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
The computed tomography (CT) market segment is anticipated to hold a significant market share. Factors such as the strong base of global companies working on the development of products, the increasing prevalence of chronic diseases, and the rising geriatric population in the country, which is more prone to several chronic disorders that require diagnosis by CT are expected to drive the market growth.
The research article 'Adoption of large-scale medical equipment: the impact of competition in the German inpatient sector' published in November 2021 stated that CT scans are generally used for bones and small calcifications. In Germany road accidents and injuries are increasing recently. As per a press release by Federal Statistical Office (Destatis) in July 2022, nearly 35,100 were injured, in road traffic accidents in Germany, and this increased by +41% compared with May 2021. This increasing road traffic accident is expected to create demand for CT scans for diagnosis of bone damage or fractures, which is anticipated to fuel demand for CT scans, driving the segment to grow.
Furthermore, in November 2021, Siemens Healthineers, a Germany-based global health technology company launched Naeotom Alpha, the world's first photon-counting CT scanner, with the system cleared for clinical use in the United States and Europe. Thus, the advancement in product technologies to address the challenges in CT imaging techniques is projected to boost the market growth in the country.
Therefore, owing to the factors mentioned above the segment is anticipated to witness growth over the forecast period.
