25-Jul-2022 | Facts and Factors
According to Facts and Factors, the global medical hybrid imaging system market size was valued at USD 4.5 billion in 2021 and is predicted to increase at a CAGR of 7.9% to USD 15.3 billion by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.
The increased awareness of healthcare among the general population is one of the major drivers driving the medical hybrid imaging system market's rise. Increasing spending on healthcare and rising technological proliferation in the medical and healthcare industries are other factors that influence the medical hybrid imaging system market potential over the forecast period. Medical hybrid imaging systems are a combination of two or more imaging techniques in order to create a more advanced and enhanced imaging result for better diagnostic and treatment procedures.
Browse the full “ Medical Hybrid Imaging System Market By Type (PET/CT, SPECT/CT, PET/MRI), By Application (Hospitals, Diagnostic Centers), and By Region - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends, Statistical Research, Market Intelligence, and Forecast 2022 – 2028" report at https://www.fnfresearch.com/medical-hybrid-imaging-system-market
The increasing geriatric population, rising prevalence of chronic diseases, increasing healthcare spending, growing demand for early diagnosis, and an increasing number of diagnostic procedures are other factors that will positively impact the medical hybrid imaging system market potential. Medical hybrid imaging system manufacturers can focus on untapped markets to boost their market presence and increase revenue. However, the high costs of the medical hybrid imaging system are expected to have a constraining effect on the global medical hybrid imaging system market growth.
In terms of type, the medical hybrid imaging system market is further segmented into PET/CT, SPECT/CT, and PET/MRI. Of these three the PET/CT segment is anticipated to hold a major market share and is expected to be the most lucrative segment over the forecast period. The increasing use of PET/CT imaging in oncology, neurology, and cardiology is expected to boost the demand for such imaging systems over the forecast period. Increasing the recommendation of PET scans in multiple diagnostic procedures is also expected to bolster growth in this segment.
The hospitals segment will hold a dominant outlook in the applications category over the forecast period owing to the rising deployment and use of medical hybrid imaging systems in these establishments. Increasing hospitalization and rising investments in the establishment of hospitals to provide better healthcare are other factors that will boost growth in this segment. Meanwhile, the diagnostic laboratories segment is expected to rise at the fastest CAGR over the forecast period.
The North American medical hybrid imaging system market is expected to lead the global medical hybrid imaging system industry and is anticipated to account for a major market share over the forecast period. The presence of key medical hybrid imaging system manufacturers and the increasing prevalence of chronic diseases are other factors that will majorly drive the medical hybrid imaging system market potential in this region through 2028. The increasing aging population, rising incidence of cancer, and rapid adoption of technologies are expected to be other factors boosting the medical hybrid imaging system market growth over the forecast period. The United States is projected to be the most lucrative market in this region through 2028. The presence of advanced healthcare infrastructure and high healthcare expenditure will majorly influence the medical hybrid imaging system market potential in the U.S.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 4.5 Billion |
Projected Market Size in 2028 |
USD 15.3 Billion |
CAGR Growth Rate |
7.9% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Siemens Healthcare, GE Healthcare, Philips Healthcare, Hitachi Ltd, Atlantis Worldwide, Shared Imaging, Amber Diagnostic Inc., and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The report contains qualitative and quantitative research on the global Medical hybrid imaging system Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.
Some of the major companies operating in the global medical hybrid imaging system market are Siemens Healthcare, GE Healthcare, Philips Healthcare, Hitachi Ltd, Atlantis Worldwide, Shared Imaging, Amber Diagnostic Inc., and others.
The Global Medical Hybrid Imaging Systems Market is segmented as follows:
By Type
By Application
- Hospitals
- Diagnostic Centers
By Region
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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