Press release
Pet MRI Market Projection By Technology, Top Key Players, Demand, Segment, Regional Analysis Revenue Forecast Till - 2030
Pet MRI Market 2022-2030The Pet MRI Market is slated to grow on a stellar note going forward. The current situation is that digitization, which has the capacity of changing the dynamics of any vertical, has made a beeline to the healthcare vertical. The world out there no more depends on references for choosing healthcare services but goes for 360-degree research before arriving at the final decision. This would be the digitized healthcare vertical in the future.
Increasing patient scans for oncology, pediatrics, soft tissue imaging, and the ability to combine tests, which cannot be done through conventional modalities are some of added advantage of PET-MRI scanners. The global PET-MRI market was valued at ~US$ 80 Mn in 2018, which is likely to see a healthy rise over the forecast period (2022 - 2030). The shift in medical imaging towards more accurate disease detection with low radiation dose per procedure have transformed the characteristics of MR Imaging with the launch of PET-MRI Scanners.
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Increasing accuracy of MR-based attenuation correction (AC) of the PET scan, better workflow management, and reduced ionizing radiations across various clinical applications are the features of PET-MRI scanners. These are major additions to product features since the first clinical sequential PET-MRI was installed in 2011. PET-MRI scanners are widely used for research purpose in pre-clinical setting for drug development and radiotracer studies. Rapid surge in such studies, in turn, creates a highly conducive environment for growth of the PET-MRI scanners market.
Key Players:
The report has profiled some of the important players prevalent in the global like - GE Healthcare, Siemens AG, Royal Philips NV, United Imaging, User, Mediso Ltd., Aspect Imaging, Cubresa Inc., inviscan SAS, MR Solutions and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Pet MRI Market.
Manufacturers Focusing on Innovative Modalities
Oncology remains the primary application of interest for researchers where tumor localization, metabolic activity, and damaged areas are analysed more frequently with the help of these images across these equipment modalities.
Another important application is Neurology where there has been lot of clinical studies ongoing for understanding the anatomy as well as the disease and implement accurate treatment planning.
For Instance; PSMR 2019, Munich, 8th Conference on PET/MR and SPECT/MR dated 15-17 April 2019 featured innovative products from manufacturers and pilot designs from researchers. The innovative TRIMAGE project was featured at this conference. It is aimed at developing a brain-dedicated PET/MR/EEG for simultaneous acquisitions focused on study of schizophrenia, brain cancer, neuroinflammation, Alzheimer, and dementia.
Key Manufacturers Exploring New Business Models
Manufacturers are currently focusing on development of superior quality hybrid systems with imaging modalities, such as PET & MR that provide accurate assessment in detecting lesions and metastases. Key players are mostly focused on the establishment of subsidiaries in countries where they have a limited presence for post-sales services. United Imaging recently announced its multi-year research collaboration with Washington University School of Medicine in St. Louis to revolutionize cardiovascular technology by detecting pathological changes in heart tissues. The agreement signed by Cubresa Inc. for distribution of its PET Inserts with Worldwide Technology (S.H.) Co., Ltd. (WAD) emphasizes on collaborative actions in the PET MRI market.
The PET MRI market is currently oligopolistic in nature, dominated by a few players with first-mover advantage. The new market entrants are either dependent on key players for technology or need to develop innovative specification-oriented products in collaboration with various research institutes.
PMR Analyzes Significance of Collaboration for Sustainable Growth
The global PET MRI market is dominated by key players like GE Healthcare, Siemens AG, and Koninklijke Philips N.V. Emerging Players are concentrating more on developing new standards not only with the resolution of the image and precision, but also on the patient experience on personalized therapy.
Strategic collaborations, research collaborations, and agreements for distribution of certain products in specific regions to gain competitive advantage are considered pivotal by manufacturers. The PET MRI market appears to be consolidated one, and with passage of time the market structure is expected to change with novel product specifications, newer equipment designs, and business models to reach remote regions.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Pet MRI Market Manufacturers
Pet MRI Market Distributors/Traders/Wholesalers
Pet MRI Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Pet MRI Market - Report Highlights
A detailed overview of parent market of Pet MRI Market
Changing Pet MRI Market dynamics in the industry
In-depth segmentation of the Pet MRI Market
Historical, current, and projected Pet MRI Market size regarding volume and value
Recent industry trends and developments in Pet MRI Market
Competitive landscape of the Pet MRI Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Pet MRI Market performance
Must-have information for Pet MRI Market players to sustain and enhance their market footprint
Key Questions Answered in the Pet MRI Market Report
How is the Pet MRI Market expected to grow over the projected period?
What direction is the Pet MRI Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Pet MRI Market in future?
What are the key market drivers in the Pet MRI Market?
What are significant opportunities and improvement areas for Pet MRI Market manufacturers?
What are the key developments and trends taking over the Pet MRI Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Pet MRI Market?
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