The latest report on “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.” The global multimodal imaging market is projected to grow at a CAGR of 5.6% over the forecast period of 2019-2025.
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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.
Growing Geriatric Population and Prevalence of Chronic Illness Drive the Growth of the Multimodal Imaging Market
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.
North America is Anticipated to Be the Dominant Region in the Global 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
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 hospitals, diagnostic centers, academic & research institutes, and other end-users.
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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.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the multimodal imaging.
=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.