The global hybrid imaging market was assessed at around USD 935 million in 2016 and is envisaged to surpass USD 1375 million by 2021, says Technavio.
Technavio has published its latest market research report on the global hybrid imaging market, under its medical imaging portfolio. This market research report confers the chief drivers and leading developing trends and offers an analysis of key vendors like GE Healthcare, Mediso, Philips Healthcare, and Siemens Healthcare.
According to Barath Palada, a lead analyst for medical imaging research at Technavio, “The growing adoption of PET or CT hybrid imaging devices is fueling the growth of the hybrid imaging market. These devices are useful for the early diagnosis, accurate disease staging, and effective response to the treatment of chronic conditions such as cancer. The manufacturers in the market are focusing on improving the technological capabilities of PET or CT hybrid imaging system to attract more consumers and boost their revenues.”
The combined PET or CT scans provide images that pinpoint the anatomic location of metabolic activity of an individual. The introducing of new and technologically advanced devices offer more precise measurement for better differentiation and measurement of tumors, increased data storage capabilities for oncologists to track tumor developments and less patient movement.
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Emergence of time of flight-hybrid image systems
The time of flight-PET scans measures the time difference between the two rays, which substantially improves the images produced by the scan. These systems are designed to incorporate fast photomultipliers, modern electronics, scintillators with high density, and faster computing power for image reconstruction. Moreover, these devices help in producing accurate and high-quality images for better diagnosis of chronic conditions and have applications in the areas of oncology such as lung, esophageal, colon, head and neck cancer, melanomas, and brain tumors.
Growing research activities to widen applications of hybrid imaging
The research institutes across the world are extensively conducting R&D activities to expand the applications of hybrid imaging. Various universities are investing in the research and development of hybrid systems for the increased use in complex neurology disorders. These studies will allow researchers use hybrid imaging to understand the brain connectivity in neuropsychiatric disorders. For instance, recently the researchers at Stanford University demonstrated the application of a dual optical and PET/CT-based probe to detect atherosclerotic plaques.
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This research report consists of an exhaustive analysis of market shares and sizes of the sub-sectors and geography. A thorough study of the top companies, including their market shares, business overview, important financials, etc. is enlisted in this study. This market study also offers an exhaustive analysis of main drivers, challenges, and opportunities influencing this market.
An in-depth analysis is offered in the Technavio report titled, ‘Global Hybrid Imaging Market 2017-2021’. Technavio also customizes reports by other regions and precise segments upon request.
Other related reports:
- Global 3D Medical Imaging Equipment Market 2016-2020
- Global Nuclear Medicine Market 2016-2020
- Global Deep Brain Stimulation Market 2016-2020
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