INDUSTRY ANALYSIS OF HYBRID IMAGING SYSTEMS GLOBAL MARKET - - Size, Share, Growth, Trends, and Forecast 2017 - 2025

Press Release - 20 June 2018
Research and Development News --
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Latest Update "Hybrid Imaging Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" with Industries Survey | Global Current Growth and Future.
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Hybrid imaging is fusion of two or more imaging technologies into a single new form. The image obtained with hybrid imaging system is more powerful in terms of accuracy as compared to two single images. Along with depicting the anatomy, hybrid imaging enables visualization of the molecular processes in vivo within larger anatomic content. Technologies in hybrid imaging include ultrasonography, magnetic resonance imagining (MRI), computed tomography (CT), and positron emission tomography (PET). The fusion of these technologies have given rise to hybrid imaging systems.
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The hybrid of PET/CT was introduced in 2001 and SPECT/CT was introduced in 2003. PET/MRI is also an available hybrid imaging system, but not used widely. Both hybrid imaging techniques PET/CT and SPECT/CT have significant relevance in clinical and pre-clinical practice. Hybrid imaging scans need a patient to be stationed at the same place for both scans. Involuntary movements of the internal organs can be minimized in hybrid imaging systems. Hybrid imaging systems have reduced the time required for scanning. Usually the required time with standalone imaging systems is an hour or even more. However, hybrid imaging systems have reduced scanning time by up to 25 minutes to 30 minutes. With the emergence of hybrid imaging system, a patient can be scanned in a single session and the desired anatomical and functional data of the organ of interest can be achieved. PET/CT has evolved due to continuous innovation, which enables more accurate measurements of metabolic processes, data quantification and analysis of neurologic disease, cancerous tissue, and cardiac blood flow. PET/CT is a standard hybrid imaging technique used in oncology and SPECT/CT, which is in an evolving phase, is generally used for cardiac scans.

Rise in importance of combination analysis of anatomic and molecular data in the diagnosis of diseases is a major driver of the global hybrid imaging systems market. Further with the benefits of hybrid imaging and its rising use in the diagnosis, there is huge potential for the of combination hybrid imaging PET or SPECT with MRI. Increase in prevalence of chronic diseases, growing awareness about early diagnosis, and rise in the number of diagnostic procedures are propelling the market. Site accreditation, technologist training, physician training, and high cost for procedure among the underprivileged population are the major restraints of the global hybrid imaging systems market.

The global hybrid imaging systems market can be segmented based on technology, application, end-user, and region. In terms of technology, the market can be categorized into PET/CT, SPECT/CT, and PET/MRI. By applications the segment PET/CT scan, used for diagnosis in the field of oncology, neurology and cardiology, whereas, SPECT/CT scans are done for the diagnosis of infections, inflammation, thyroid disorders, oncology and orthopedic problems. In terms of end-user, the market can be bifurcated into hospitals and diagnostic centers. In terms of region, the global hybrid imaging systems market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

In the past five years, standalone systems have been replaced by hybrid imaging systems, a trend observed globally. Highest number of installations of PET/CT were seen in the U.S. Western Europe reported increase in PET/CT scans by 72% in 2008; installations of SPECT/CT were lesser than PET/CT. The Middle East is an emerging market for hybrid imaging systems. In North America, hybrid scanning system is highly preferred in the diagnosis of cardiology and global nuclear medicine market. This trend is also predominant in Europe and Asia Pacific. Countries in Asia are also expected to witness growth in the next few years due to rise in awareness about early diagnosis of life threatening diseases and advancements in nuclear medicine. Latin America and Middle East & Africa are potential markets. Growth in these regions is attributed to low disposable income and significant contribution of government investment in health care.

Leading players in the global hybrid imaging systems market are Siemens Healthineers, GE Healthcare, Philips Healthcare, Hitachi Ltd., Atlantis Worldwide, Shared Imaging, and Amber Diagnostic, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

- The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

- The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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- Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market   

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