Brain PET/MRI Systems - Global Market Outlook (2019-2027)

According to Stratistics MRC, the Global Brain PET/MRI Systems Market is accounted for $281.10 million in 2019 and is expected to reach $486.61 million by 2027 growing at a CAGR of 7.1% during the forecast period. Increasing demand for early diagnostic techniques and rising prevalence of neurological disorders such as Alzheimer’s disease, Parkinson’s disease and brain tumor are the major factors driving the market growth. However, high initial capital cost and limited flexibility of combined PET/MRI systems are restraining the market growth.

Positron emission tomography (PET) is majorly used for neurological applications due to its advantage of providing high-resolution and 3-dimensional imaging of functional, physiologic, and molecular targets. Despite its advantage of covering and imaging the whole brain, the images captured by PET technology lacked spatial resolution, had low sensitivity, insufficient attenuation, and needed to scatter correction. Therefore, to overcome these problems, PET devices are combined with other imaging devices mainly magnetic resonance imaging (MRI) for accurate correspondence to the anatomic structures and to pathologic changes.  

Based on phase, the pre-clinical segment is likely to have a huge demand due to the large number of pre-clinical studies conducted on this device for understanding its efficiency in diagnosing neurological disorders. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increasing adoption of advanced diagnostic machines in research centers and universities established in the region. Rising demand for diagnostic systems from countries including India, Japan, and China is anticipated to drive the market in the region over the forecast period. 

Some of the key players profiled in the Brain PET/MRI Systems Market include Aspect Imaging, Bruker, Cubresa Inc, GE Healthcare, Koninklijke Philips N.V., Mediso Ltd, MR Solutions and Siemens Healthineers AG. 

Phases Covered:
• Pre-Clinical
• Clinical

Products Covered:
• Helium-Free PET-MRI Systems
• Traditional PET-MRI Systems    

End Users Covered:
• Diagnostic Imaging Centers
• Hospitals
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances