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Research delivers insight into the strategic overview on Latin America hybrid MRI systems market

Regional and country-level analysis and forecasts of the Latin America 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 “Latin America 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, Latin America 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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MRI is a scan which utilizes magnetic field and pulses from Radio wave energy to make pictures of internal parts of our body. MRI is a powerful technique for diagnosis and combining it with other powerful techniques like x-ray makes the Hybrid MRI System.

MRI Systems can be combined with Radiography, MPI, PET and X-ray to make it more powerful and treat patients better.

Hybrid MRI Systems is expected to grow at significant rate because of keen interest shown by Developers and Manufacturers in this technology.

Factors like increase in aging population, developments in MRI techniques, Developing Markets, open architecture, software Applications, and development of MRI compatible pacemakers are driving the market. However, some of the restraints 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.

Latin America is one of the developing markets owing to its growing economy.

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The Latin America 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, Latin America is further segmented in to Brazil and the rest of Latin America.

Key players in the Latin America 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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