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Pulished Date April, 2021
ID: 2387
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Europe Hybrid MRI Systems Market Research Report – Segmented By Field Strength, Type, Application and Country (United Kingdom, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands and Rest of Europe) - Industry Analysis on Size, Share, Trends & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 2387
Pages: 136

Europe Hybrid MRI Systems Market Size (2021 to 2026)

The European Hybrid MRI Systems Market size is predicted to grow at a robust CAGR between 2021 and 2026.

The Hybrid MRI systems market in Europe is growing rapidly due to the increasing number of patients with brain tumors and others across Europe. Also, increasing investments and funding by the government and private organizations to develop infrastructure facilities are uplifting the market growth.  

On the other hand, the market is expected to expand due to an increase in the launch of different highly effective products that give less exposure to high radiation. In addition, after evaluating the reports, adopting effective techniques for a better treatment choice for the patients is merely to push the market's growth. Further, the rising cancer disease occurrences are fuelling the market growth. Moreover, changes in government policies that benefit ordinary people significantly impact the market's development.

In recent years, constant research and development (R&D) operations have resulted in numerous advances in MRI systems. As a result of these improvements, MRI systems have evolved to provide greater image quality, better performance, and shorter examination times. Some of the most advanced items on the market include hybrid MRI and MRI-compatible devices.

A patient can be stationed in the same place for both scans using hybrid imaging scans. As a result, with hybrid imaging systems, variations in involuntary internal organ motions are reduced. In addition, the time it takes to scan has decreased owing to the development of hybrid imaging technologies. The scanning time can take up to an hour or more with solo imaging systems, but the scanning time can be fewer than twenty-five minutes to half an hour with hybrid imaging systems.

Hospitals and clinics, diagnostic centers, and others are among the end-users in the MRI systems market. The "others" category primarily consists of academic and research institutions and ambulatory settings. Hospitals and clinics dominated the regional market. This is due mainly to the huge number of people who seek medical treatment at hospitals and clinics.

Site accreditation, technician training, physician training, and the high cost of procedures among the underprivileged population are all stumbling blocks to the growth of hybrid imaging systems. Furthermore, the high cost of the hybrid imaging devices, increasing issues associated with radiation exposure, and shortage of skilled & trained professionals will further hamper the market growth in the mentioned forecast period.

This research report on the European Hybrid MRI Systems Market has been segmented and sub-segmented into the following categories.

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

By Application: 

  • Brain
  • Pelvic
  • Cardiac
  • Breast
  • Musculoskeletal

By Country:

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of Europe

Geographically, the European hybrid MRI systems market is projected to witness a significant share during the forecast period. The market growth in the region is majorly attributed to the high incidence of chronic diseases, rising awareness of early diagnosis, and an increase in the number of diagnostic procedures. A key driver of the overall hybrid imaging systems market is the growing relevance of combining anatomic and molecular data in disease diagnosis. Furthermore, given the advantages of hybrid imaging and its growing usage in diagnosis, the combination of hybrid imaging PET or SPECT with MRI has many potentials. Increasing capital income in countries such as Germany, UK, Spain, and France are leveling up the market's growth rate. Therefore, these countries are significantly contributing the regional market growth. Over the forecast period, Germany dominated the hybrid MRI systems market owing to the rapidly growing healthcare sector and favorable investment and funding by the government and non-government organizations.

Similarly, the UK is more likely to expand its growth and contribute to the European regional market growth. Advanced healthcare facilities, a growing geriatric population, and technological advancements are propelling the market growth.

On the other hand, France, Spain, and Italy are anticipated to account for significant market growth and contribute to the European regional market growth. The growing awareness about early diagnosis and the increase in the number of diagnostic procedures are the driving factors for the growth of the hybrid MRI systems market.

KEY MARKET PLAYERS:

A few of the notable companies leading the European Hybrid MRI Systems Market profiled in the report are Hitachi Medical Corporation (Japan), Toshiba Medical Systems (Japan), Siemens Healthcare (Germany), GE Healthcare (U.K.), and Philips Healthcare (Netherlands).

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Field Strength                            

                                5.1.1 Introduction           

                                5.1.2 Low to mid Field   

                                5.1.3 High Field 

                                5.1.4 Very High Field      

                                5.1.5  Ultra High Field     

                                5.1.6  Y-o-Y Growth Analysis, By Field Strength  

                                5.1.7  Market Attractiveness Analysis, By Field Strength

                                5.1.8 Market Share Analysis, By Field Strength   

                5.2 Type                              

                                5.2.1 Introduction           

                                5.2.2 X-Ray/MRI              

                                5.2.3 PET/MRI   

                                5.2.4 Radiography/MRI 

                                5.2.5 MPI/MRI  

                                5.2.6 Y-o-Y Growth Analysis, By Type     

                                5.2.7  Market Attractiveness Analysis, By Type  

                                5.2.8 Market Share Analysis, By Type     

                5.3 Application                 

                                5.3.1 Introduction           

                                5.3.2 Brain          

                                5.3.3 Pelvic         

                                5.3.4 Cardiac      

                                5.3.5 Abdominal              

                                5.3.6 Musculoskeletal   

                                5.3.7 Y-o-Y Growth Analysis, By Application         

                                5.3.8  Market Attractiveness Analysis, By Application      

                                5.3.9 Market Share Analysis, By Application        

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Field Strength

                                                6.1.3.3 By Type

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Field Strength

                                                6.1.4.3 By Type

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Field Strength

                                                6.1.5.3 By Type

                                                6.1.5.4 By Application

                6.2 U.K                 

                6.3 Spain                             

                6.4 Germany                     

                6.5 Italy                               

                6.6 France                          

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Hitachi Medical Corporation                                

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Toshiba Medical Systems                     

                8.3 Siemens Healthcare                

                8.4 GE Healthcare                           

                8.5 Philips Healthcare                    

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Europe Hybrid MRI Systems Market, By Field Strength, From 2021 to 2026 (USD Million)
  2. Europe Low -to mid -Field Market, By Region, From 2021 to 2026 (USD Million)
  3. Europe High Field Market, By Region, From 2021 to 2026 (USD Million)
  4. Europe Very High Field Market, By Region, From 2021 to 2026 (USD Million)
  5. Europe Ultra High Field Market, By Region, From 2021 to 2026 (USD Million)
  6. Europe Hybrid MRI Systems Market, By Type, From 2021 to 2026 (USD Million)
  7. Europe X-Ray/MRI Market, By Region, From 2021 to 2026 (USD Million)
  8. Europe PET/MRI Market, By Region, From 2021 to 2026 (USD Million)
  9. Europe MPI/MRI Market, By Region, From 2021 to 2026 (USD Million)
  10. Europe Radiography/MRI Market, By Region, From 2021 to 2026 (USD Million)
  11. Europe Hybrid MRI Systems Market, By Application, From 2021 to 2026 (USD Million)
  12. Europe Brain Market, By Region, From 2021 to 2026 (USD Million)
  13. Europe Pelvic Market, By Region, From 2021 to 2026 (USD Million)
  14. Europe Cardiac Market, By Region, From 2021 to 2026 (USD Million)
  15. Europe Abdominal Market, By Region, From 2021 to 2026 (USD Million)
  16. Europe MusculoSkeletal Market, By Region, From 2021 to 2026 (USD Million)
  17. U.K. Hybrid MRI Systems Market, By Field Strength, From 2021 to 2026 (USD Million)
  18. U.K. Hybrid MRI Systems Market, By Type, From 2021 to 2026 (USD Million)
  19. U.K. Hybrid MRI Systems Market, By Application, From 2021 to 2026 (USD Million)
  20. Germany Hybrid MRI Systems Market, By Field Strength, From 2021 to 2026 (USD Million)
  21. Germany Hybrid MRI Systems Market, By Type, From 2021 to 2026 (USD Million)
  22. Germany Hybrid MRI Systems Market, By Application, From 2021 to 2026 (USD Million)
  23. France Hybrid MRI Systems Market, By Field Strength, From 2021 to 2026 (USD Million)
  24. France Hybrid MRI Systems Market, By Type, From 2021 to 2026 (USD Million)
  25. France Hybrid MRI Systems Market, By Application, From 2021 to 2026 (USD Million)
  26. Italy Hybrid MRI Systems Market, By Field Strength, From 2021 to 2026 (USD Million)
  27. Italy Hybrid MRI Systems Market, By Type, From 2021 to 2026 (USD Million)
  28. Italy Hybrid MRI Systems Market, By Application, From 2021 to 2026 (USD Million)
  29. Spain Hybrid MRI Systems Market, By Field Strength, From 2021 to 2026 (USD Million)
  30. Spain Hybrid MRI Systems Market, By Type, From 2021 to 2026 (USD Million)
  31. Spain Hybrid MRI Systems Market, By Application, From 2021 to 2026 (USD Million)

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