Perfusion Imaging Market Research Report - Global Forecast till 2027

Global Perfusion Imaging Market Trends, Growth and Size Analysis by Modality (Computed Tomography (CT Scan), Magnetic Resonance Imaging (MRI) and Nuclear Medicine), Application (Myocardial Perfusion Imaging, Ventilation Perfusion Imaging, Functional Brain Imaging and others) and Region - Forecast till 2027

Q: Which factors may limit the Perfusion Imaging Market growth?

Stringent regulatory policies may limit market growth. . Read More

ID: MRFR/MED/2415-CR | July 2019 | Region: Global | 98 pages

Market Overview:

The perfusion radiology market size is required to enroll a CAGR of 6.34% to arrive at USD 7,745.57 Million by 2024. Perfusion Imaging Market Research Report is a non-obtrusive imaging test that shows how the blood courses through the organs or tissues. This test is utilized for the finding of different constant problems.

Myocardial perfusion imagingis a non-obtrusive imaging test that shows how the blood moves through the organs or tissues. This test is utilized for the finding of different persistent problems. Developing pervasiveness of cardiovascular and neurological sicknesses and expanding geriatric populace drive the development of the worldwide Perfusion Imaging Market Research Report. For example, according to the American Heart Association Statistics Committee and Stroke Statistics Subcommittee, in 2017, consistently around 795,000 individuals in the US have a stroke where around 610,000 are first or new and 185, 000 are intermittent strokes. Also, headways in innovation are further filling market development.

Developing cardiovascular and neurological infections and expanding the geriatric populace are pushing the advancement of the worldwide perfusion radiology market size. According to themedical imaging industry statistics, consistently, around 795,000 individuals in the US have a hit wherein around 610,000 of them are first or new and185, 000 are repetitive strokes. Moreover, developments in innovation are further invigorating business sector development. In the year 2019 January, Shimadzu Corporation purchased Core Medical Imaging, Inc. to improve its medical services business in North America. This obtainment supported the organization's traction in the North American market. In March 2018, GE got an endorsement from Health Canada for Signa Premier, a 3.0T MRI framework. This expanded the item arrangement of the myocardial perfusion imaging organization. Australia held a portion of 11.2% in the Asia-Pacific perfusion imaging market in 2018. Additionally, the Middle East and Africa market is required to consistently become attributable to the expanding mindfulness about sicknesses in the district.

COVID-19 Analysis:

The COVID-19 pandemic seriously affects the worldwide economy at different levels and can be seen in the spect myocardial perfusion imagingbusiness. The flourishing business sector of medical services innovative work is required to show a lofty decrease in the deals during the lockdown time frame inferable from the closure of the assembling units, intense deficiency in the stock of crude materials, and nonattendance of possible labor. It very well may be reasoned from the current circumstances achieved by the pandemic that the creation and inventory network exercises have encountered minor obstacles. Notwithstanding, the spect myocardial perfusion imagingmarket is projected to continuously recuperate post-COVID-19, which will introduce appealing freedoms for deals across different areas of the world before long.

Market Dynamics:

Drivers

The drivers of the global perfusion imaging market are like increasing prevalence of cardiovascular and respiratory diseases, Rising number of organ transplantations, Growth in the Aging Population, Increasing Incidence of Multiple Organ Failures, Government and NGO, Initiatives to Encourage Organ Donation, Increasing Investments in Cell-Based Research, and Increase in Biologic Manufacturing.

Lexiscan myocardial perfusion imagingframeworks are utilized to sidestep cardiopulmonary frameworks to treat patients with cardiovascular and respiratory illnesses carefully. Perfusion frameworks, for example, heart-lung machines convey oxygen and eliminate carbon dioxide in patients when the heart and lungs neglect to complete the interaction of blood oxygenation.

Opportunities

The global perfusion imaging market opportunities are Increasing Pharmaceutical Research in Emerging Markets and Rising Preference for Continuous Manufacturing.

As per the Perfusion Imaging Market Research Report, the factor impacting the increment in the size of pharma developing business sectors is the up-selling of nearby conventional medications. As a result of maturing populaces and a quick expansion in cost, governments supported generics' utilization in their wellbeing plans. Overall, generics cost just 20% of their marked partners.

Restraints

Effective restraint of Perfusion Imaging Market Research Report is like the High Cost of Organ Transplantation and Ethical Concerns and High Cost of Cell-Based Research.

As per the Perfusion Imaging Market Research Report,organ transfers are so costly in the US. The normally charged expense of heart relocation is an expected $1,382,400, as indicated by counseling firm Milliman, and different organs aren't a lot less expensive.

Challenges

The major challenges, as per the Perfusion Imaging Market Research Report, are the Organ Supply-Demand Gap.

Since its extension in the last part of the 60s to the present, the measure of relocating performed has expanded gradually yet consistently. Notwithstanding, organs' interest to be relocated has increased at an extensively higher rate making a broadening hole between the interest and supply for organs.

Cumulative Growth Analysis

According to the Perfusion Imaging Market Research Report, the rising number of constant sicknesses cases like heart illnesses, liver and kidney infections regularly prompts organs to relocate and is one of the significant drivers of the worldwide perfusion market. Besides, rising instances of organ disappointment because of different factors like ill-advised eating routine, smoking, and liquor utilization have prompted the interest in compelling perfusion frameworks.

The worldwide lexiscan myocardial perfusion imaging market is developing consistently and is relied upon to proceed with its development during the conjecture time frame. The worldwide perfusion radiology market reportis required to develop at the CAGR of 4.1% during the conjecture time frame and is assessed to stretch around USD 1,527 million by 2023.

Technology Analysis

Advancement in innovation has furnished the present organizations with diverse benefits bringing about day by day financial movements. According to aperfusion imaging industry analysis, an organization needs to understand the examples of market developments to plan better. An effective procedure offers the organizations a head start in arranging and an edge over the contenders.

Segment Overview:

By Division by application

The Perfusion Imaging Market Research Reportis divided into cardiopulmonary perfusion frameworks, cell perfusion frameworks, and ex vivo organ perfusion. The Perfusion Imaging Market Research Reportframeworks portion represented the biggest portion of the worldwide perfusion frameworks market in 2016. A huge portion of this fragment can be ascribed to the expanding predominance of cardiovascular and respiratory infections and the expanding number of organ relocate systems worldwide.

By Division by segment

Based on segment, the Perfusion Imaging Market Research Reportis fragmented into heart-lung machines, oxygenators, supplies, blood vessel channels, siphons, observing frameworks, information the board frameworks, warmer coolers, cannulas, and extras. The oxygenators fragment is relied upon to represent the biggest portion of the worldwide Perfusion Imaging Market Research Reportframeworks market in 2016. The enormous portion of this fragment can be significantly credited to the rising occurrence of cardiopulmonary disappointment.

By Division by method

The Perfusion Imaging Market Research Reportis sectioned into hypothermic machine perfusion and normothermic machine perfusion based on the method. The hypothermic machine perfusion fragment represented the biggest portion of the ex vivo organ perfusion market. High development in this section can be credited to hypothermic machine perfusion's benefits, for example, better long haul unites endurance rates, diminished vasospasm, and capacity to offer metabolic help.

By Division by type

Based on type, the cell Perfusion Imaging Market Research Reportis fragmented into bioreactor perfusion frameworks, microfluidic perfusion frameworks, gravity or pressing factor-driven perfusion frameworks, and little warm-blooded animal organ perfusion frameworks. The bioreactor perfusion frameworks fragment represented the biggest portion of the cell perfusion frameworks market in 2016. This can be credited to the rising interest in organic items. The consistent need to build item yield and decrease creation costs are factors driving bioreactor perfusion frameworks' selection.

Regional Analysis

In light of area, the worldwide Perfusion Imaging Market Research Reportis isolated into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.

The Americas is relied upon to hold the biggest portion of the worldwide perfusion imaging market. This is attributable to the expanding occurrence pace of cardiovascular infections, cerebrum tumors, and tumor-related angiogenesis, among others, in the district. Europe showed a lot of development in the market because of the developing pervasiveness of neurological issues. Asia-Pacific is assessed to be the quickest developing district in the worldwide market because of the enormous geriatric populace and quickly creating economies like China, India, and South Korea. Australia held a portion of 11.2% in the Asia-Pacific perfusion imaging market in 2018. Likewise, the Middle East and Africa market is required to consistently become inferable from the expanding mindfulness about illnesses in the district.

Competitive Landscape

Key players of the Perfusion Imaging Market Research Reportare:

General Electric Company (US)

Advantis Medical Imaging (Netherland)

Aetna (US)

lantheus Medical Imaging, Inc. (US)

Koninklijke Philips NV (Netherlands)

Canon Medical Systems Corporation (Japan)

Medtronic (Ireland)

Siemens (Germany)

Bracco Diagnostic, Inc. (Italy)

Neusoft Corporation (China)

Shimadzu Corporation (Japan)

Perimed (US)

Recent Developments

In January 2015, Medtronic procured Covidien plc. (Ireland), a producer of medical services items for use in clinical and home settings around the world. This obtaining intends to fortify Medtronic's client base and resolve medical care difficulties with steady item advancement and assimilating innovations.

In October 2015, Sorin converged with Cyberonics Inc (US) to frame a worldwide clinical innovation organization LivaNova PLC (U.K.).

In February 2014, Sorin obtained Bioengineering Laboratories S.p.A. (BEL), a heart medical procedure cannulas maker. This obtaining is relied upon to reinforce Sorin's situation in the cardiovascular cannulas market fragment.

Report Overview:

Market overview highlights the global recognition of the perfusion imaging industry analysis

Analysis based upon COVID 19

Explanation upon the Market Dynamics

Value chain analysis for the medical imaging industry statisticsForecast Research Report.

Market segmentation overview

The regional analysis of the perfusion radiology market report

Competitive landscape analysis

Recent Developments of Perfusion Imaging Market Research Report

The report highlights perfusion radiology market growth potential in terms of its revenue hike by the end of the forecast years in 2028.

The segmentation table is as follows:

By application

Lungs

Heart

Liver

Kidneys and others

By device type

Hypothermic machine perfusion

Normothermic machine perfusion and others

By end-user

Hospital

Specialty clinics

Medical research centers

Academic institutes, and others.

Report Scope:

Report Attribute/Metric	Details
Market Size	USD 7,745.57 Million
CAGR	6.34% (2019-2024)
Base Year	2019
Forecast Period	2020-2027
Historical Data	2018
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Modality, Application and Region
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	General Electric Company (US), Advantis Medical Imaging (Netherland) , Aetna (US), lantheus Medical Imaging, Inc. (US), Koninklijke Philips NV (Netherlands), Canon Medical Systems Corporation (Japan), Medtronic (Ireland), Siemens (Germany), Bracco Diagnostic, Inc. (Italy), Neusoft Corporation (China), Shimadzu Corporation (Japan), Perimed (US)
Key Market Opportunities	Increasing Pharmaceutical Research in Emerging Markets and Rising Preference for Continuous Manufacturing.
Key Market Drivers	Increasing prevalence of cardiovascular and respiratory diseases Rising number of organ transplantations

Frequently Asked Questions (FAQ) :

At what CAGR is the Perfusion Imaging Market projected to grow during the forecast period?

Perfusion Imaging Market is projected to grow at a 6.34% CAGR between 2020-2027.

What will be the value of the Perfusion Imaging Market during the forecast period?

Perfusion Imaging Market predicted to touch USD 7,745.57 million by 2023.

Which region is expected to dominate the Perfusion Imaging Market?

The Americas is expected to dominate the Perfusion Imaging Market.

What are the major applications of Perfusion Imaging?

It finds extensive applications in functional brain imaging, ventilation perfusion imaging, and myocardial perfusion imaging.

Which factors may limit the Perfusion Imaging Market growth?

Stringent regulatory policies may limit market growth.

1 Executive Summary

1.1 Market Attractiveness Analysis 15

1.1.1 Global Perfusion Imaging Market, By Modality 15

1.1.2 Global Perfusion Imaging Market, By Application 16

2 Market Introduction

2.1 Definition 17

2.2 Scope Of The Study 17

2.3 Assumptions & Limitations 17

2.3.1 Assumptions 17

2.3.2 Limitations 17

2.4 Market Structure 18

3 Research Methodology

3.1 Research Process 19

3.2 Primary Research 20

3.3 Secondary Research 21

3.4 Market Size Estimation 21

3.5 Forecast Model 22

4 Market Dynamics

4.1 Overview 23

4.2 Drivers 24

4.2.1 Growing Prevalence Of Cardiovascular And Neurological Diseases 24

4.2.2 Increasing Geriatric Population 24

4.2.3 Advancements In Technology 24

4.3 Restraints 25

4.3.1 Stringent Regulatory Policies 25

4.3.2 Lack Of Awareness For The Use Of Advanced Technologies 25

4.4 Opportunities 26

4.4.1 Entering Developing Economies 26

4.5 Macroeconomic Indicators 26

5 Market Factor Analysis

5.1 Value Chain Analysis 27

5.1.1 R&D And Designing 27

5.1.2 Manufacturing 27

5.1.3 Packaging & Assembly 27

5.1.4 Distribution & Sales 28

5.1.5 Post-Sales Review 28

5.2 Porter’s Five Forces Analysis 29

5.2.1 Bargaining Power Of Suppliers 29

5.2.2 Bargaining Power Of Buyers 29

5.2.3 Threat Of New Entrants 30

5.2.4 Threat Of Substitutes 30

5.2.5 Intensity Of Rivalry 30

6 Perfusion Imaging Market, By Modality

6.1 Overview 31

6.2 Computed Tomography (CT Scan) 32

6.3 Magnetic Resonance Imaging (MRI) 33

6.4 Nuclear Medicine 34

7 Perfusion Imaging Market, By Application

7.1 Overview 35

7.2 Myocardial Perfusion Imaging 36

7.3 Ventilation Perfusion Imaging 37

7.4 Functional Brain Imaging 38

8 Global Perfusion Imaging Market, By Region

8.1 Overview 39

8.2 Americas 41

Perfusion Imaging Market, By Modality