Regional and country-level analysis and forecasts of the Europe Hybrid MRI Systems Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
According to the report “Europe 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 – Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021)” published by Market Data Forecast, the Europe Hybrid MRI Systems Market was worth xxx Billion USD in 2016 and is expected to reach xxx Billion USD by 2021 with a CAGR of xx %.
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MRI is an imaging Method in which magnetic field and radio frequencies are used to picture internal structures of the body without use of radiation. MRI can be combined with other powerful techniques to make clearer images of organs or even treat some cancers.
MRI combined with MPI gives the possibility of acquiring superficially high quality pictures of tissues or organs inside the body.
X-ray/MRI Systems facilitate minimum invasive procedure by providing information about anatomy and physiology. MRI Systems combined with Radiography is used to treat infertility patients; 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.
There are many drivers in this market like increase in aging population, developments in MRI techniques, Developing Markets, open architecture, and software Applications, and development of MRI compatible pacemakers. 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 market.
Europe is a developed market for MRI Systems. Owing to Eurozone debt Crisis, Europe is estimated to have slow growth.
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The Europe 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, 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, Europe is further segmented in to Germany, the U.K., France, Italy and Spain.
Major players in the Europe Hybrid MRI systems market:
- Toshiba Medical Systems (Japan)
- Hitachi Medical Corporation (Japan)
- Siemens Healthcare (Germany)
- Philips Healthcare (Netherlands)
- GE Healthcare (U.K.)
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