Multimodal Imaging Market (Product Type - Multimodal Imaging Equipment, Reagents, and Software; Technology - PET/CT, SPECT/CT, PET/MRI, and Other Technologies; Application - Clinical Applications, Oncology, Cardiology, Neurology, and Other Applications; End-user - Hospital, Diagnostic Centers, Academic & Research Institutes, and Other End-users): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

A recent report published by Infinium Global Research on multimodal imaging market provides an in-depth analysis of segments and sub-segments in the global as well as regional multimodal imaging market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional multimodal imaging market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global multimodal imaging market. According to the report, the global multimodal imaging market is projected to grow at a CAGR of 5.6% over the forecast period of 2019-2025.

Market Insight

The leading players in the multimodal imaging market are Siemens AG, Koninklijke Philips N.V., GE Healthcare, Mediso Ltd., Canon Inc., Shanghai United Imaging Healthcare Co., Ltd., MR Solutions Ltd., Bruker Corporation, PerkinElmer, Inc., and Northridge Tri-Modality Imaging Inc. Companies are adopting strategies such as merger, acquisition and new product launch to expand its market share. In 2018, Canon Inc. acquired BriefCam which offers technology solutions and products.

The growing geriatric population and prevalence of chronic illness drive the growth of the multimodal imaging market. Multimodal imaging systems are useful in diagnosing the issues in the treatment of chronically ill and aged populations. The increasing healthcare expenditure contributes to the growth of the multimodal imaging market. The rising adoption of advanced tools and equipment in healthcare promotes the growth of the multimodal imaging market. Also, factors such as favorable reimbursement scenario, growing insurance coverage and an increase in funding for research fuel the growth of the multimodal imaging market. The growing applications of multimodal imaging and technological advancements propel the growth of the multimodal imaging market. On the other hand, the high cost of a multimodal imaging systems hampers the growth of multimodal imaging market. Moreover, the rising research and development in multimodal imaging technology create numerous opportunities for the growth of the multimodal imaging market.           

Based on geography, the global multimodal imaging market is divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to be the dominant region in the global multimodal imaging market. The growing geriatric population and rising cases of chronic illness contribute to the growth of the multimodal imaging market. Asia-Pacific is expected to grow at the fastest CAGR over the forecast period. Europe is also growing in the global multimodal imaging market

Segment Covered

The report on the global multimodal imaging market covers segments such as product type, technology, application, and end-user. On the basis of product type, the sub-markets include multimodal imaging equipment, reagents, and software. On the basis of technology, the sub-markets include PET/CT, SPECT/CT, PET/MRI, and other technologies. On the basis of application, the sub-markets include clinical applications, oncology, cardiology, neurology, and other applications. On the basis of end-user, the sub-markets include hospital, diagnostic centers, academic & research institutes, and other end-users.

Companies Profiled:

The report provides profiles of the companies in the market such as Siemens AG, Koninklijke Philips N.V., GE Healthcare, Mediso Ltd., Canon Inc., Shanghai United Imaging Healthcare Co., Ltd., MR Solutions Ltd., Bruker Corporation, Northridge Tri-Modality Imaging Inc., PerkinElmer, Inc., and Other companies.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of multimodal imaging market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.