Eastern Europe Medical Imaging Equipment Market

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031


No. of Pages: 150    |    Report Code: BMIPUB00031660    |    Category: Life Sciences

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Eastern Europe Medical Imaging Equipment Market

The Eastern Europe medical imaging equipment market size is expected to reach US$ 3,769.8 million by 2031 from US$ 2,481.2 million in 2024. The market is estimated to record a CAGR of 6.2% from 2025 to 2031.

Executive Summary and Eastern Europe Medical Imaging Equipment Market Analysis:

The medical imaging equipment market in Eastern Europe is growing steadily thanks to healthcare modernization initiatives, increasing disease burden and a slow rate of adoption of more advanced diagnostic technologies. The major countries contributing to the Eastern European medical imaging equipment market include; Russia, Poland, Czech Republic, Hungary, Romania and Ukraine.

Eastern Europe Medical Imaging Equipment Market Segmentation Analysis:

Key segments that contributed to the derivation of the medical imaging equipment market analysis are product type, application, and end user.

  • By product type, the medical imaging equipment market is segmented into Magnetic Resonance Imaging Systems, Ultrasound, Computed Tomography Devices, X-Ray Imaging Devices and Nuclear Imaging Systems. The Computed Tomography segment dominated the market in 2024.
  • In terms of applications, the market is segmented into Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Urology, and Other Applications. The oncology segment held the largest share of the market in 2024.
  • By end user, the market is segmented into Hospitals, Specialty Clinics, Diagnostics Imaging Centers, Academic & Research Institutes and Others. The hospitals segment held the largest share of the market in 2024. 

Eastern Europe Medical Imaging Equipment Market Outlook

The medical imaging equipment market in Eastern Europe is growing steadily thanks to healthcare modernization initiatives, increasing disease burden and a slow rate of adoption of more advanced diagnostic technologies. The major countries contributing to the Eastern European medical imaging equipment market include; Russia, Poland, Czech Republic, Hungary, Romania and Ukraine.

Driver of Eastern European medical imaging equipment market are grounded in modernization of healthcare infrastructure supported by Eu funding and international aid. Increased demand for early diagnosis and accurate diagnosis of diseases due to aging populations and increasing incidence of chronic diseases, such as (cancers; cardiovascular diseases), is another driver of the market. Additionally, the market is buoyed by the proliferation of diagnostic care for private patients (especially in urban locations), which also creates demand for more advanced imaging approaches to support better clinical care.

Generally speaking, the market has few challenges, which include: limited public health care budgets to support expensive imaging technologies, thereby limiting their introduction; reliance on imported technologies which then increase costs and creates potential added costs related to supply chains; and the relative shortage of skilled, professional radiologists and technicians (especially in rural areas), which indirectly limits the efficient utilization of more costly medical imaging equipment. Interest in digital imaging, and cloud-based archiving, particularly in Poland and Czechia has been increasing knowledge and marketing trends. Teleradiology is also growing in popularity, to help overcome the shortage of specialists across borders.

Eastern Europe Medical Imaging Equipment Market Country Insights

Based on country, the Eastern Europe medical imaging equipment market is further segmented into the Russia, Turkiye, Poland, Ukraine, Romania and Greece. The Russia held the largest share in 2024.

The medical imaging equipment market in the Eastern Europe is growing at a strong rate due to increasing demand for sophisticated diagnostics, particularly in Russia, Poland, and the Czech Republic. Russia is the dominant country in this region due to its large population, widespread healthcare requirements, and huge investment in upgrading healthcare infrastructure.

Government expenditure, EU grants, and rising chronic disease awareness are driving the uptake of MRI, CT, digital X-ray, and ultrasound devices. Even as economies such as Romania and Bulgaria are pushing to expand diagnostic services, they continue to grapple with issues such as budget limitations, regulatory challenges, and human resource shortages. Al integration and digital health solutions are emerging as core themes for streamlining diagnostic processes.

Russia leads the regional market due to its huge investments in advanced imaging technology and modern healthcare facilities. Russia is increasing its usage of MRI, CT, ultrasound, and digital radiography equipment in public hospitals and private diagnostic facilities.

In spite of the issues such as budget constraints and local differences, Russia is still committed to healthcare modernization, backed by government programs and global collaborations. The market also continues to witness development in Al-based diagnostic systems, cloud technology, and mobile imaging units.

Eastern Europe Medical Imaging Equipment Market Company Profiles

GE HealthCare, Siemens Healthineers AG, FUJIFILM Holdings Corporation, CANON MEDICAL SYSTEMS CORPORATION, Koninklijke Philips N.V., and Shimadzu Corporation are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers. 

Eastern Europe Medical Imaging Equipment Market Research Methodology:

The following methodology has been followed for the collection and analysis of data presented in this report:

  • Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

  • Company websites, annual reports, financial statements, broker analyses, and investor presentations
  • Industry trade journals and other relevant publications
  • Government documents, statistical databases, and market reports
  • News articles, press releases, and webcasts specific to companies operating in the market

Note:

All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.

  • Primary Research

The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:

  • Refine findings from secondary research
  • Enhance the expertise and market understanding of the analysis team
  • Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects

Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:

  • Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
  • External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

Key Sources Referred:

  • The World Bank World Development Indicators
  • World Health Organization (WHO)
  • Global Cancer Observatory
  • Medicines and Healthcare Products Regulatory Agency (MHRA)
  • American Cancer Society
  • European Society of Cardiology
  • American College of Cardiology Foundation
  • Company website
  • Accompany annual reports
  • Company investor presentations

The List of Companies - Eastern Europe Medical Imaging Equipment Market

  • GE HealthCare 
  • Siemens Healthineers AG 
  • FUJIFILM Holdings Corporation 
  • CANON MEDICAL SYSTEMS CORPORATION 
  • Koninklijke Philips N.V. 
  • Shimadzu Corporation 
  • Hologic, Inc. 
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
Frequently Asked Questions
How big is the Eastern Europe Medical Imaging Equipment Market?

The Eastern Europe Medical Imaging Equipment Market is valued at US$ 2,481.2 Million in 2024, it is projected to reach US$ 3,769.8 Million by 2031.

What is the CAGR for Eastern Europe Medical Imaging Equipment Market by (2025 - 2031)?

As per our report Eastern Europe Medical Imaging Equipment Market, the market size is valued at US$ 2,481.2 Million in 2024, projecting it to reach US$ 3,769.8 Million by 2031. This translates to a CAGR of approximately 6.2% during the forecast period.

What segments are covered in this report?

The Eastern Europe Medical Imaging Equipment Market report typically cover these key segments-

  • Product Type (Magnetic Resonance Imaging Systems, Ultrasound, Computed Tomography Devices, X-Ray Imaging Devices, Nuclear Imaging System)
  • Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Urology)
  • End User (Hospitals, Specialty Clinics, Diagnostics Imaging Centers, Academic & Research Institutes, Others)
  • What is the historic period, base year, and forecast period taken for Eastern Europe Medical Imaging Equipment Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Eastern Europe Medical Imaging Equipment Market report:

  • Historic Period : 2021-2023
  • Base Year : 2024
  • Forecast Period : 2025-2031
  • Who are the major players in Eastern Europe Medical Imaging Equipment Market?

    The Eastern Europe Medical Imaging Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • GE HealthCare
  • Siemens Healthineers AG
  • FUJIFILM Holdings Corporation
  • CANON MEDICAL SYSTEMS CORPORATION
  • Koninklijke Philips N.V.
  • Shimadzu Corporation
  • Hologic, Inc.
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • Who should buy this report?

    The Eastern Europe Medical Imaging Equipment Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Eastern Europe Medical Imaging Equipment Market value chain can benefit from the information contained in a comprehensive market report.