Hybrid MRI systems market Trends and Forecast | 2021

According to the report “Hybrid MRI Systems Market by Field Strength (Low -to mid -Field, High Field, Very High Field, Ultra High Field) by Type (X-Ray/MRI, PET/MRI, Radiography/MRI, MPI/MRI) & Application (Brain, Pelvic, Cardiac, Abdominal, Musculoskeletal) and by Region – Global Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021)” published by Market Data Forecast, Global Hybrid MRI Systems Market was worth XX Billion USD in 2016 and is expected to reach XX Billion USD by 2021 with a CAGR of XX%.

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Magnetic resonance imaging (MRI) is a medicinal imaging method utilized as a part of radiology to take pictures of the life Anatomy and the physiological procedures of the body in both wellbeing and ailment. Hybrid MRI means MRI Systems combined with other powerful imaging techniques. MRI Systems combined with Radiography is used to treat infertility patients; MRI combined with MPI gives the possibility of acquiring superficially high quality pictures of tissues or organs inside the body. MRI Combined with PET gives complete insight in to human body without any limitations in any branch of science. MRI/PET is also used for better diagnosis of Breast Cancer. X-ray/MRI Systems facilitate minimum invasive procedure by providing information about anatomy and physiology. Hybrid MRI systems is expected to experience high growth owing to its patient friendly nature.

There are many drivers in Hybrid MRI Systems Market like increase in aging population, developments in MRI techniques, Developing Markets, and software Applications, development of MRI compatible pacemakers, and new developments of MRI Systems with other powerful Techniques. But some of the factors like high cost of MRI systems, draining helium gas deposits, declining reimbursement rates, lack of skilled labor and complexity of machines are restraining the Hybrid MRI Systems Market.

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The Hybrid MRI Systems market is segmented based on field strength, Type, and Application. Based on field Strength, Hybrid MRI Systems are further segmented into Low -to mid -Field, High Field, Very High Field and Ultra High Field. Based on Type, Market is further segmented in to X-Ray/MRI, PET/MRI, Radiography/MRI, MPI/MRI. Based on Application, market is further segmented into Brain, Pelvic, Cardiac, Breast and Musculoskeletal. In this market, Brain and Neurological MRI holds the highest share owing to rise in geriatric population and rise in early awareness levels. Based on Geography, this market is further segmented in to North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. North America has the largest share followed by Asia-Pacific. Asia-Pacific will be fastest growing region because of increase in spending limit.

Key players in the Hybrid MRI systems market are:

  • Hitachi Medical Corporation (Japan)
  • Toshiba Medical Systems (Japan)
  • Siemens Healthcare (Germany)
  • GE Healthcare (U.K.)
  • Philips Healthcare (Netherlands)

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