PUBLISHER: Allied Market Research | PRODUCT CODE: 1414766
PUBLISHER: Allied Market Research | PRODUCT CODE: 1414766
According to a new report published by Allied Market Research, titled, "Multimodal Imaging Market," The multimodal imaging market was valued at $4.4 billion in 2022, and is estimated to reach $7.9 billion by 2032, growing at a CAGR of 6.1% from 2023 to 2032. The Multimodal Imaging Market is likely to experience a significant growth rate of 6.1% from 2023-2032 owing to increase in demand for multimodal imaging systems from medical device and supplies sector - Allied Market Research
The rise in prevalence of chronic diseases, such as cancer and cardiovascular disorders, necessitates advanced imaging solutions for early detection, accurate diagnosis, and monitoring of disease progression which contributes toward the multimodal imaging market growth. For instance, in 2023, American Cancer Society estimated that around 1,958,310 new cancer cases is expected to be diagnosed in U.S. In addition, ongoing advancements in imaging technologies contribute to the growth of multimodal imaging. As individual modalities improve in terms of resolution, speed, and sensitivity, the combination of these technologies becomes even more powerful, offering enhanced capabilities for comprehensive imaging. Conversely, the high cost of the multimodal imaging devices limit the adoption and negatively impact the market growth. On the other hand, growth opportunities in emerging markets and rise in technological advancements in imaging systems provide lucrative opportunities for market growth.
The multimodal imaging market is segmented into technology, application, end user, and region. By technology, the market is segregated into PET/CT systems, PET/MR systems, SPECT/CT systems, and others. By application, the market is categorized into brain & neurology, cardiology, oncology, ophthalmology, and others. By end user, the market is classified into hospitals, diagnostic imaging centers, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
Major key players that operate in the multimodal imaging market are GE Healthcare, Koninklijke Philips N.V., Canon Inc., Siemens, Topcon Corporation, Bruker Corporation, Spectrum Dynamics Medical, Mediso Ltd., MR Solutions, and Neusoft Corporation. Key players have adopted expansion, acquisition, product approval, partnership, and agreement as key developmental strategies to improve the product portfolio of the multimodal imaging market. For instance, in July 2021, Topcon Corporation announced that it has acquired VISIA Imaging S.r.l, an ophthalmic device manufacturer headquartered in suburban Florence, Italy.
Additional benefits you will get with this purchase are:
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)