Quadintel published a recovery-based report for Global “Spinal imaging Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
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Global Spinal imaging Market is valued approximately USD 1.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.2 % over the forecast period 2020-2027.
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Spinal imaging uses radio waves and prints the body structure via computer. It creates a specific, clear and detailed picture of the spine and surrounding tissues. The increasing burden of spinal disorders and improving patients accessibility in the medical imaging services as well as growing procedural volume of spinal surgeries are the major factors driving the growth of spinal imaging market. As per the report of WHO, the second leading reason for medical consultation is lower back pain, which is only outnumbered by upper respiratory infections, Furthermore, it is estimated that 80% of the world total population has experienced back pain at least once in a lifetime. The recent technological advancement in software as well as hardware equipments of spinal surgeries and change in machine learning concept in spinal imaging may impede the growth of the market over the forecast period of 2020-2027. Also, with the advent of multidetector CT scan with faster gantry speed which have better examination experience with improved image and also the rise in geriatric population, along with increasing prevalence of anxiety and depression is likely to increase the market growth during the forecast period.
The regional analysis of global Spinal imaging market is assessed for the key regions such as Latin America, Asia Pacific, North America, Europe and Rest of the World. North America is the leading region across the world in terms of market share owing to the growing spinal surgeries cases and high product demand. Whereas, Europe is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as increase in rising procedural volume of spinal imaging, improving access to health care services and efficient reimbursement policies would create lucrative growth prospects for the Spinal imaging market across Asia-Pacific region.
Major market player included in this report are:
GE Healthcare
Koninklijke Philips N.V.
Siemens Healthineers
Canon Medical Systems Corporation
Bruker
Mediso Ltd
Shimadzu Corporation
FUJIFILM
Hitachi, Ltd.
Toshiba Medical Systems, Inc.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
X-ray
CT
MRI
Ultrasound
By Application:
Spinal Infection
Vertebral
Spinal Cancer
Spinal cord & nerve Compression
By End-use:
Hospital, clinics
Diagnostic imaging center
Ambulatory care center
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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