LONDON, UK, Aug. 03, 2022 (GLOBE NEWSWIRE) -- According to Facts and Factors has published a new research report titled “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” in its research database.
“According to the latest research study, the demand of global Medical Hybrid Imaging System Market size & share in terms of revenue was valued at USD 4.5 billion in 2021 and it is expected to surpass around USD 15.3 billion mark by 2028, growing at a compound annual growth rate (CAGR) of about 7.9% during the forecast period 2022to 2028.”
Market Overview:
Medical hybrid imaging systems are a combination of two or more imaging systems to obtain a novel imaging technique. These imaging systems are highly efficient and provide better imaging opportunities by combining two techniques. The combination of imaging also allows viewing of molecular processes as well as anatomical as well. Rapid advancements in medical technology, innovations in medical imaging technology, rising healthcare expenditure, rising prevalence of chronic diseases, and increasing focus on early diagnosis are major trends that drive medical hybrid imaging system market growth over the forecast period.
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 226+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Market Growth Dynamics
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.
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.
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Medical Hybrid Imaging System Market: COVID-19 Impact Analysis
The rapid appearance of the COVID-19 pandemic caused significant shifts in the economies of the entire world and had a detrimental effect on virtually every other facet of global society as well. A slowdown in growth was also observed in the medical hybrid imaging system market as a direct result of the pandemic that occurred in the year 2020. The many lockdown restrictions that were in place on a global basis made it difficult to manufacture and sell medical hybrid imaging systems, which in turn hurt sales of those systems.
In addition, the shift in emphasis placed on various aspects of healthcare led to financial losses for businesses that dealt in medical hybrid imaging systems during this era. As a result of the increasing emphasis placed on medical care all over the world in this post-pandemic era, it is anticipated that the market for medical hybrid imaging systems will expand at a consistent rate. Through 2028, it is anticipated that the increasing demand for early diagnosis will drive growth in the market potential for medical hybrid imaging systems.
Segmentation Analysis
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 global Medical Hybrid Imaging System market is segmented as follows:
By Type
- PET/CT
- SPECT/CT
- PET/MRI
By Application
- Hospitals
- Diagnostic Centers
Browse the full “Medical Hybrid Imaging System Market - 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
Competitive Landscape
The report includes both qualitative and quantitative research on the global market for medical hybrid imaging systems, in addition to in-depth insights and development tactics used by the most prominent competitors. The research also includes an in-depth analysis of the primary rivals in the market, as well as information regarding the level of competition posed by those companies.
Some of the main competitors dominating the global Medical Hybrid Imaging System market include -
- Siemens Healthcare
- GE Healthcare
- Philips Healthcare
- Hitachi Ltd
- Atlantis Worldwide
- Shared Imaging
- Amber Diagnostic Inc
Key Insights from Primary Research:
- According to the analysis shared by our research forecaster, the Medical Hybrid Imaging System market is likely to expand at a CAGR of around 7.9% during the forecast period (2022-2028).
- In terms of revenue, the Medical Hybrid Imaging System market size was valued at around US$ 4.5 billion in 2021 and is projected to reach US$ 15.3 billion by 2028.
- PET/CT imaging systems are likely to see an increase in demand due to their expanding application in oncology, neurology, and cardiology in the coming years, based on types.
- The healthcare industry especially hospitals sector is expected to play a big role in the applicationsegment.
- On the basis of geography, it is projected that the medical hybrid imaging system market in North America will lead the world market.
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Key questions answered in this report:
- What is the market size and growth rate forecast for Medical Hybrid Imaging System industry?
- What are the main driving factors propelling the Medical Hybrid Imaging System Market forward?
- What are the leading companies in the Medical Hybrid Imaging System Industry?
- What segments does the Medical Hybrid Imaging System Market cover?
- How can I receive a free copy of the Medical Hybrid Imaging System Market sample report and company profiles?
Regional Analysis:
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.
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Report Scope
| Report Attribute | Details |
| Market Size in 2021 | USD 4.5 Billion |
| Projected Market Size in 2028 | USD 15.3Billion |
| 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 | Request customized purchase options to meet your research needs. |
To know an additional revised 2022 list of market players, request a sample report @ https://www.fnfresearch.com/sample/medical-hybrid-imaging-system-market
Key Offerings:
- Market Size & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Type, Application, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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