Market Overview:
The global hybrid imaging system market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hybrid imaging systems due to their ability to provide high-resolution images and accurate diagnosis. Additionally, the growing prevalence of cancer and other diseases is also contributing to the growth of this market. The global hybrid imaging system market can be segmented by type, application, and region. By type, the market can be divided into PET/CT, SPECT/CT, and PET/MRI systems. The PET/CT segment is expected to account for the largest share of this market in 2018 owing to its ability detect early-stage cancers as well as other diseases with high accuracy.
Product Definition:
A hybrid imaging system is a medical imaging system that uses two or more different types of medical imaging technology to create a single image. The purpose of a hybrid imaging system is to provide the best possible images for diagnosis and treatment planning.
PET/CT:
PET/CT is a hybrid imaging system that combines PET (Positron Emission Tomography) with CT (Computed Topography). It helps in the detection of cancer and other diseases by producing 3D images of body parts. The major advantage of this device is to provide detailed information about anatomy, even at the minimal dose required for diagnosis.
SPECT/CT:
Single-Photon Emission Computed Tomography (SPECT/CT) is a diagnostic imaging technique that utilizes the phenomenon of nuclear magnetic resonance to obtain detailed anatomical information. It is an effective tool for visualizing soft tissues in various body parts including head, neck, and chest. SPECT/CT can also be used to detect cancer cells in the early stages as it provides high-resolution images of small areas within body organs.
Application Insights:
The hospitals segment dominated the global market in 2017. The growth of this segment can be attributed to the growing prevalence of cancer and rising demand for effective treatment procedures. According to a study published by NCBI, it is estimated that around 22 million people are diagnosed with cancer every year and around 14.1 million deaths due to cancer have been reported globally in 2018 thus far.
Based on application, the global market has been further categorized into diagnostic centers and hospitals. The increasing number of diagnostic centers across developing countries such as China India & Brazil is expected to boost product demand over the forecast period from 2018 to 2030 owing to an increase in new center construction coupled with an increase in usage of existing systems at these centers which are more economical than using them at a hospital setting.
Regional Analysis:
North America dominated the global hybrid imaging system market in 2017. This can be attributed to the presence of major players, high adoption rate of advanced technologies, and favorable reimbursement policies. The U.S., which is a developed economy with high healthcare expenditure and patient awareness levels regarding these systems, is expected to continue its dominance over the forecast period as well.
Asia Pacific region is anticipated to witness lucrative growth over the next eight years owing to increasing government initiatives for improving healthcare infrastructure coupled with rising demand for advanced diagnostic procedures that are cost-effective and faster than conventional methods. Japan has one of the most developed healthcare systems in this region due to factors such as highly developed economy, strong government support (financial aid), an aging population prone to chronic diseases requiring longterm treatment & monitoring),and availability of technologically advanced products at affordable prices).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Hybrid imaging systems are ideally suited for use in minimally invasive surgeries as they provide high-resolution images with minimal radiation exposure.
- Growing demand for image-guided interventions: Image-guided interventions are becoming increasingly popular due to their ability to improve the accuracy of diagnoses and treatment plans. Hybrid imaging systems offer superior image quality and allow physicians to visualize lesions and other abnormalities with great detail, making them an ideal choice for image-guided interventions.
- Rising prevalence of cancer: The incidence of cancer is on the rise globally due to factors such as aging population, unhealthy lifestyles, and environmental pollution. This has led to a growing demand for diagnostic procedures that can help in early detection of cancerous tumors. Hybrid imaging systems play an important role in this regard by providing high-resolution images that can help identify small tumors at an early stage when they are most treatable..
Scope Of The Report
Report Attributes
Report Details
Report Title
Hybrid Imaging System Market Research Report
By Type
PET/CT, SPECT/CT, PET/MRI
By Application
Hospitals, Diagnostic Centers
By Companies
Siemens Healthcare, GE Healthcare, Philips Healthcare, Hitachi Ltd, Atlantis Worldwide, Shared Imaging, Amber Diagnostic Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Hybrid Imaging System Market Report Segments:
The global Hybrid Imaging System market is segmented on the basis of:
Types
PET/CT, SPECT/CT, PET/MRI
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Centers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens Healthcare
- GE Healthcare
- Philips Healthcare
- Hitachi Ltd
- Atlantis Worldwide
- Shared Imaging
- Amber Diagnostic Inc
Highlights of The Hybrid Imaging System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PET/CT
- SPECT/CT
- PET/MRI
- By Application:
- Hospitals
- Diagnostic Centers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hybrid Imaging System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hybrid imaging system is a combination of two or more imaging technologies. This type of system can be used to improve the quality and accuracy of images.
Some of the key players operating in the hybrid imaging system market are Siemens Healthcare, GE Healthcare, Philips Healthcare, Hitachi Ltd, Atlantis Worldwide, Shared Imaging, Amber Diagnostic Inc.
The hybrid imaging system market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hybrid Imaging System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hybrid Imaging System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hybrid Imaging System Market - Supply Chain
4.5. Global Hybrid Imaging System Market Forecast
4.5.1. Hybrid Imaging System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hybrid Imaging System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hybrid Imaging System Market Absolute $ Opportunity
5. Global Hybrid Imaging System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hybrid Imaging System Market Size and Volume Forecast by Type
5.3.1. PET/CT
5.3.2. SPECT/CT
5.3.3. PET/MRI
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hybrid Imaging System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hybrid Imaging System Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Diagnostic Centers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hybrid Imaging System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hybrid Imaging System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hybrid Imaging System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hybrid Imaging System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hybrid Imaging System Demand Share Forecast, 2019-2026
9. North America Hybrid Imaging System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hybrid Imaging System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hybrid Imaging System Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Diagnostic Centers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hybrid Imaging System Market Size and Volume Forecast by Type
9.7.1. PET/CT
9.7.2. SPECT/CT
9.7.3. PET/MRI
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hybrid Imaging System Demand Share Forecast, 2019-2026
10. Latin America Hybrid Imaging System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hybrid Imaging System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hybrid Imaging System Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Diagnostic Centers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hybrid Imaging System Market Size and Volume Forecast by Type
10.7.1. PET/CT
10.7.2. SPECT/CT
10.7.3. PET/MRI
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hybrid Imaging System Demand Share Forecast, 2019-2026
11. Europe Hybrid Imaging System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hybrid Imaging System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hybrid Imaging System Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Diagnostic Centers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hybrid Imaging System Market Size and Volume Forecast by Type
11.7.1. PET/CT
11.7.2. SPECT/CT
11.7.3. PET/MRI
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hybrid Imaging System Demand Share, 2019-2026
12. Asia Pacific Hybrid Imaging System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hybrid Imaging System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hybrid Imaging System Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Diagnostic Centers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hybrid Imaging System Market Size and Volume Forecast by Type
12.7.1. PET/CT
12.7.2. SPECT/CT
12.7.3. PET/MRI
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hybrid Imaging System Demand Share, 2019-2026
13. Middle East & Africa Hybrid Imaging System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hybrid Imaging System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hybrid Imaging System Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Diagnostic Centers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hybrid Imaging System Market Size and Volume Forecast by Type
13.7.1. PET/CT
13.7.2. SPECT/CT
13.7.3. PET/MRI
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hybrid Imaging System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hybrid Imaging System Market: Market Share Analysis
14.2. Hybrid Imaging System Distributors and Customers
14.3. Hybrid Imaging System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens Healthcare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Healthcare
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Philips Healthcare
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hitachi Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Atlantis Worldwide
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shared Imaging
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Amber Diagnostic Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook