Global Medical Imaging Market Forecasts and Industry Analysis 2020

The report, “Global Medical/Diagnostic Imaging Market (X-Ray, Ultrasound, CT, MRI & Nuclear Imaging): Industry Analysis & Outlook (2016-2020)” analyzes the currently prevailing condition of the market along with its future scope of development. The markets of the North America, Europe, Asia Pacific and ROW are being discussed in the report. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The major players in the industry are being profiled, along with their key financials and strategies for growth.

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Medical imaging can be divided into five segments depending upon modalities namely, X-rays, Ultrasound, MRI, Computed Tomography and Nuclear Imaging. Amongst all these, X-rays are mostly commonly used for diagnosis. The medical imaging market is largely driven by several factors including increasing GDP per capita, rising global healthcare expenditure and rise in medical checkup participation rate.

In the past few years, it has been observed that hybrid imaging systems have become quite popular. Combining several image modalities into one system is another trend in medical imaging. This enables patients to undergo different types of scans without being moved and produces images that are easier to compare. The fusions can include MRI, CT, and positron emission tomography (PET). The most common examples are nuclear medicine with SPECT-CT and PET-CT. Incidentally, PET/SPECT provides functional information about tissue properties, function, and viability.

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The most common applications for PET-CT is in oncology, for staging tumors, planning therapy, and monitoring recurrence. It has the potential to be used to determine response, and in future it will be used to determine systemic response. In future, PET-CT growth will occur in the field of neurology and cardiology. New markers are in development for SPECT-CT, which would mainly impact cardiac imaging, but they could impact oncology and neurosciences as well. Companies such as Philips, GE and Siemens have developed PET-MRI hybrids. Combining the two is a challenge because PET equipment contains metal, and metal can interfere with an MRI scan.

Key Topics Covered:
1. Introduction
2. Global Medical Imaging Market
3. Regional Markets
4. Market Dynamics
5. Competitive Landscape
6. Company Profiles

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