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Latin America Hybrid MRI Systems Market Research Report – Segmented By Field Strength, Type, Application and Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2389
Pages: 132

Latin America Hybrid MRI Systems Market Size (2022 to 2027)

The size of the Latin America Hybrid MRI Systems Market is estimated to be growing at a steady rate during the forecast period.

The market for Latin America hybrid MRI systems is expected to rise due to the rising frequency of chronic diseases, increased awareness of early diagnosis, an increased number of diagnostic procedures. The desire for better diagnosis and treatment has increased as public awareness and healthcare facilities have improved, propelling the magnetic resonance imaging market. Rising awareness of the benefits of early diagnosis, technological improvements leading to the replacement of low-field MRI systems with high-field MRI systems, and the discovery of new helium resources are among the key drivers driving the market's growth. In addition, technological developments in tracers have resulted in fewer tracer doses and faster results, making things easier for persons already with dementia. These features are expected to motivate healthcare providers to choose Hybrid MRI-based imaging.

The growing relevance of combining anatomic and molecular information in disease diagnosis is also a driving force behind hybrid imaging techniques. Looking ahead to the benefits of hybrid imaging and its growing usage in diagnosis, the combination of PET or SPECT with imaging is the area of growth. In addition, the rising prevalence of different cardiovascular, neurological, and ophthalmic diseases and the growing elderly population are likely to boost demand for MRI scans for precise diagnosis, propelling the MRI market forward throughout the forecast period. Furthermore, factors such as the rise in trauma cases, market competitors' ongoing innovation in MRI equipment, rising demand for precise diagnosis, and the ability to give in-depth pictures of soft tissues and vascular systems are projected to propel the MRI market forward.

Implantable devices such as pacemakers and ICDs may experience a malfunction or permanent harm due to MRI systems. Furthermore, orthopedic implants such as screws, plates, or artificial joints cause MRI scans to be distorted. As a result, the incompatibility of MRI systems for patients with implants is limiting the market's growth potential. Reduced reimbursement rates, a scarcity of competent specialists, and the expensive cost of installing MRI systems are other few reasons predicted to limit the market growth. The high price of MRI systems, incompatibility of MRI systems in some patients, and diminishing reimbursement rates for MRI operations, on the other hand, are anticipated to limit the market's expansion.

This research report on the Latin America 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:

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Geographically, Argentina, Brazil, and Chile are examples of developing economies in Latin America. As the healthcare system improves and becomes more inexpensive, advanced diagnostic techniques such as MRI become more accessible. Furthermore, technical improvements such as combining MRI with PET or CT to provide imaging options with less exposure to dangerous radiations and increased MRI use in the region are driving the market growth. Companies like GE and Philips have developed MRI systems with a smaller footprint that can be deployed in smaller facilities and are simple, easy to use, and inexpensive to install and operate to capitalize on the growing potential in emerging economies.

KEY MARKET PLAYERS:

Companies playing an influential role in the Latin American 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 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

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                              

  1. Latin America Hybrid MRI Systems Market, By Field Strength, From 2022 - 2027 (USD Billion)
  2. Latin America Low -to mid -Field Market, By Region, From 2022 - 2027 (USD Billion)
  3. Latin America High Field Market, By Region, From 2022 - 2027 (USD Billion)
  4. Latin America Very High Field Market, By Region, From 2022 - 2027 (USD Billion)
  5. Latin America Ultra High Field Market, By Region, From 2022 - 2027 (USD Billion)
  6. Latin America Hybrid MRI Systems Market, By Type, From 2022 - 2027 (USD Billion)
  7. Latin America X-Ray/MRI Market, By Region, From 2022 - 2027 (USD Billion)
  8. Latin America PET/MRI Market, By Region, From 2022 - 2027 (USD Billion)
  9. Latin America MPI/MRI Market, By Region, From 2022 - 2027 (USD Billion)
  10. Latin America Radiography/MRI Market, By Region, From 2022 - 2027 (USD Billion)
  11. Latin America Hybrid MRI Systems Market, By Application, From 2022 - 2027 (USD Billion)
  12. Latin America Brain Market, By Region, From 2022 - 2027 (USD Billion)
  13. Latin America Pelvic Market, By Region, From 2022 - 2027 (USD Billion)
  14. Latin America Cardiac Market, By Region, From 2022 - 2027 (USD Billion)
  15. Latin America Abdominal Market, By Region, From 2022 - 2027 (USD Billion)
  16. Latin America MusculoSkeletal Market, By Region, From 2022 - 2027 (USD Billion)
  17. Brazil Hybrid MRI Systems Market, By Field Strength, From 2022 - 2027 (USD Billion)
  18. Brazil Hybrid MRI Systems Market, By Type, From 2022 - 2027 (USD Billion)
  19. Brazil Hybrid MRI Systems Market, By Application, From 2022 - 2027 (USD Billion)
  20. Argentina Hybrid MRI Systems Market, By Field Strength, From 2022 - 2027 (USD Billion)
  21. Argentina Hybrid MRI Systems Market, By Type, From 2022 - 2027 (USD Billion)
  22. Argentina Hybrid MRI Systems Market, By Application, From 2022 - 2027 (USD Billion)
  23. Mexico Hybrid MRI Systems Market, By Field Strength, From 2022 - 2027 (USD Billion)
  24. Mexico Hybrid MRI Systems Market, By Type, From 2022 - 2027 (USD Billion)
  25. Mexico Hybrid MRI Systems Market, By Application, From 2022 - 2027 (USD Billion)
  26. Rest of Latin America Hybrid MRI Systems Market, By Field Strength, From 2022 - 2027 (USD Billion)
  27. Rest of Latin America Hybrid MRI Systems Market, By Type, From 2022 - 2027 (USD Billion)
  28. Rest of Latin America Hybrid MRI Systems Market, By Application, From 2022 - 2027 (USD Billion)

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