HIDA Scan Market Evolving Opportunities with Top Industry Players Profiles - Houston Medical Imaging, Bracco Diagnostic Inc., Buffalo MRI, Siemens, DDD- Diagnostics A/S, Digirad Corporation

A Broad Analysis of the "Worldwide HIDA Scan market “methodology of the leading organizations in the exactness of Import/Export Utilization, Industry Activity Figures, Cost, Value, Revenue and Gross Edges.

Market Overview

Market Research Future (MRFR) has affirmed an upward shift in the expansion of the global HIDA scan market, growing at a healthy CAGR of 4.2% across the forecast period 2017 to 2023.

The application of HIDA scan, also known as cholescintigraphy and hepatobiliary scintigraphy, in diagnosing multiple medical conditions such as cholecystitis, bile duct obstruction, biliary atresia, postoperative complications, etc. has led to a growing dependency on the imaging test.

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HIDA scan has emerged as a better alternative to CT, MRI, and, X-ray examination for problems related to liver, gallbladder, and, bile ducts. In 2013, gallbladder and biliary related diseases affected around 104 Million people.

About 10-15% of the adult population was suffering from gallstones. The increasing counts of patients and diseases are multiplying revenue generated from the HIDA scan market. Other significant factors responsible for the growth of the market are increasing awareness among people, and, technological innovations introduced for accurate results.

The increasing costs associated with healthcare is also pushing demand for HIDA scan as there is a growing inclination towards early detection of diseases to avoid huge bills to be paid later on.

The side effects of HIDA scan such as allergic reaction to medications containing radioactive tracers used for the scan, bruising at the injection site, radiation exposure, etc. weakens the reliability of the test which may mildly hamper the growth of the market. Other factors responsible for restraining growth of the market are a requirement of high initial investment, high maintenance cost, etc.

Global HIDA Scan Market Segmentation

By product, the HIDA scan market is segmented into radiopharmaceuticals, HIDA Scan, and, others.

By indication, the market for HIDA scan has been segmented into cholecystitis, bile duct obstruction, biliary atresia, postoperative complications, assessment of liver transplant, and, others. The postoperative complications segment is further sub-segmented into bile leaks, and, fistulas.

By end-user, the HIDA scan market is segmented into orthopedic hospitals & clinics, diagnostic centers, and, others.

Regional Analysis

By region, the HIDA scan market has been segmented into America, Europe, Asia Pacific, and, the Middle East & Africa. The market in America will accrue the most significant portion of the revenue generated from the market during the projection period.

The changing lifestyle of the population can be credited for the increase in the number of patients suffering from gallbladder problems in the region which will drive the demand in the market. America market can be further bifurcated into North America, and, South America.

North America is a pioneer in technological advancements and the innovations introduced from time to time for minimizing the side effects of the test have helped the market to gain more momentum than in South America.

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Europe holds the second spot in the global market and will exhibit potential for further expansion during the assessment period. The standardized healthcare sector coupled with constant research and development activities been undertaken for innovation has led to the growth and expansion of the market in this region. The primary revenue generators in the region are Germany, France, and the U.K. who will retain their influence throughout the projection period.

Asia Pacific will demonstrate growth at the highest CAGR from 2017 to 2023. India is expected to be the most significant market of the region as it is backed by its government that is keenly interested in developing the healthcare sector of the country for the growth of medical tourism.

Due to the increasing count of patients, Asia Pacific is continually endeavoring to introduce next-gen technology which is propelling the market expansion.

The little growth in the Middle East & Africa region can be attributed to the developments in the region’s healthcare sector. However, the Africa market will hold the least share due to lack of awareness and underdeveloped healthcare sector.

Competitive Dashboard:

Some of the key players profiled by MRFR in its latest report are Houston Medical Imaging (U.S.), Buffalo MRI (U.S.), DDD- Diagnostics A/S (Germany), General Electric Company (U.S.), Toshiba Medical Systems Corporation (Japan), Bracco Diagnostic Inc. (U.S.), Siemens (U.S.), Digirad Corporation (U.S.), and, Koninklijke Philips N.V. (Japan). The players channelize their efforts to retain their prominence in the market by undertaking initiatives such as clinical trials, adoption of upgraded technology, mergers & acquisitions, innovative agreements, etc.

Philips North America LLC has purchased the service contract for Medical Device Sales and Service (MDSS) business unit of Digirad Corporation. The deal was closed at a humongous price of USD 8 Mn.

The agreement was entered into by Philips and DMS Health Technologies Inc., which is a wholly owned subsidiary of Digirad. Under the agreement, DMS and its affiliates are subject to non-competition obligations.

Some TOC HIDA Scan Market

Report Prologue

Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations

Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary research
3.4 Market Size Estimation

Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Continued….

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