Global Hybrid Imaging Market 2017-2021
| Published: Feb 2017 | Pages: 91 | SKU: IRTNTR11995 |
Overview of the global hybrid imaging market
According to the Technavio’s analyst, the global hybrid imaging market is anticipated to grow at a steady rate and will post a CAGR of more than 8% during the forecast period. The growing adoption of positron emission tomography (PET) or computed tomography (CT) hybrid imaging will drive the growth prospects for the global hybrid imaging market until the end of 2021. The PET-CT represents one of the medical imaging modalities, which is used for early diagnosis, accurate disease staging, and acts as an effective response to the treatment of chronic conditions such as cancer. Also, new technological advancements in this hybrid imaging modality such as precise measurement for better differentiation and measurement of tumors increased data storage capabilities for oncologists to track tumor developments, and less patient movement will result in the market’s growth.
In terms of geography, the Americas accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. One of the major factors responsible for the increasing demand for hybrid imaging modalities in this region is the availability of favorable reimbursement facilities by Centers for Medicare and Medicaid Services (CMS).
Competitive landscape and key vendors
The global hybrid imaging market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. These vendors are increasingly competing against each other based on factors such as aggressive pricing, product differentiation, capital support for product or technology up gradation, remote monitoring services, convenient to use, and distribution partnerships.
Key vendors in this market are -
- GE Healthcare
- Mediso
- Philips Healthcare
- Siemens Healthcare
Other prominent vendors in the market include Advanced Accelerator Applications, AGFA Healthcare, BC Technical, Cardinal Health, Carestream Health, CMR Naviscan, Cubresa, Eczacibasi-Monrol Nuclear Products, FUJIFILM Holdings, IBA Molecular, Mylin Medical, CMR Naviscan, Nordion, Photo Diagnostic Systems, Piramal Imaging, Positron, RadioMedix, Roses Medical & Surgical Supply, Sofie Biosciences, and Toshiba Medical Systems.
Segmentation by product type and analysis of the hybrid imaging market
- PET or CT
- SPECT or CT
- PET or MRI
The PET-CT segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Some of the factors responsible for the market segment’s growth includes technological advancements, decreasing prices, increasing awareness among end-users, and availability of reimbursements.
Segmentation by application and analysis of the hybrid imaging market
- Oncology
- Cardiology
- Orthopedics
The oncology segment is one of the fastest growing segments of the market and will continue to grow for the next four years. One of the major factors responsible for the market segment’s growth is the increasing use of hybrid images in the oncological segment to understand and detect location molecules in the body as tracer decays.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global hybrid imaging market?
- What are the key market trends impacting the growth of the global hybrid imaging market?
- What are the challenges to market growth?
- Who are the key vendors in the global hybrid imaging market?
- What are the market opportunities and threats faced by the vendors in the global hybrid imaging market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global hybrid imaging market?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
- Market snapshot
PART 05: Market landscape
- Market overview
- Five forces analysis
PART 06: Market segmentation by product type
- PET/CT
- SPECT/CT
- PET/MRI
PART 07: Market segmentation by application
- Oncology
- Cardiology
- Neurology
- Others
PART 08: Geographical segmentation
- Hybrid imaging market in Americas
- Hybrid imaging market in EMEA
- Hybrid imaging market in APAC
PART 09: Market drivers
- Increasing prevalence of chronic disorders
- Growing adoption of PET/CT hybrid imaging
- Limitations involved in individual imaging systems
- Functional and anatomic imaging capability expanding clinical application of hybrid imaging
PART 10: Impact of drivers
PART 11: Market challenges
- High-cost of hybrid imaging devices coupled with limited reimbursements
- Shortage of skilled physicians coupled with extensive training requirements
- Competition from other imaging modalities
- Patient safety issues due to radiation exposure
PART 12: Impact of drivers and challenges
PART 13: Market trends
- Increasing focus on developing PET/MR hybrid imaging systems
- Emergence of time of flight-hybrid image systems
- Growing research activities to widen applications of hybrid imaging
- Rising focus in emerging economies
PART 14: Vendor landscape
- Competitive scenario
- Key news
PART 15: Key vendor analysis
- GE Healthcare
- Mediso
- Philips Healthcare
- Siemens Healthcare
- Other prominent vendors
PART 16: Appendix
- List of abbreviations
PART 17: Explore Technavio
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
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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