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The global brain cancer imaging market is expected to grow at a CAGR of over 5% during the forecast period
Brain cancer imaging industry growth is expected to accelerate over the next five years, driven by growing incidences of brain cancer across the globe. The Americas will drive around 45% of the growth of the brain cancer diagnosis industry, while EMEA and APAC are also predicted to contribute sizably to the incremental growth in the forecast period. The number of people diagnosed with brain cancer has increased significantly in the recent past and cancer is considered as one of the most leading causes of death worldwide. Brain cancer is one of the most important types of cancer and its rising prevalence is expected to drive the demand for treatment with radiotherapy for brain cancer. Technavio’s brain cancer imaging industry analysis reveals promising markets around the world.
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Brain cancer MRI systems are the leading brain cancer imaging product segment
The dominating product segment in the brain cancer imaging market was MRI systems in 2017 with a market share of 45% in 2017. Brain cancer MRI systems was followed by product segments of CT systems, PET scanners, and others segment. Also, the brain cancer MRI systems segment will continue to dominate the market during the forecast period while PET scanners will witness a faster growth than CT systems and others segment in the next five years. The global brain cancer imaging industry is experiencing significant advancements in technology such as 3D medical imaging equipment, which is likely to boost the growth of the market in the coming few years.
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Canon, GE Healthcare, and Hitachi are among the leading brain cancer imaging vendors
Most of the leading vendors in the brain cancer imaging market are moving hybrid imaging technologies and ensuring the availability of portable and easy-to-use brain cancer imaging devices. The global brain cancer imaging market is forecasted to remain reasonably concentrated with the presence of a few established brain cancer imaging vendors who offer equipment for brain cancer imaging and radiotherapy for brain cancer. Many international and regional vendors are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.
This report offers a complete analysis of several companies, including:
- Canon
- GE Healthcare
- Hitachi
- Koninklijke Philips
- Samsung Electronics
- Siemens Healthineers
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
- Segmentation by product
- Comparison by product
- MRI systems
- CT systems
- PET scanners
- Others
- Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Brain cancer imaging market in Americas
- Brain cancer imaging market in EMEA
- Brain cancer imaging market in APAC
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Advancements in imaging technology
- Growing popularity of image-guided therapies
- Rise in adoption of refurbished cancer imaging systems
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Canon
- GE Healthcare
- Hitachi
- Koninklijke Philips
- Samsung Electronics
- Siemens Healthineers
PART 15: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape