Global Perfusion Imaging Market: Information 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 2024
ID: MRFR/MED/2415-CR | July 2019 | Region: Global | 98 pages
Overview
The Global Perfusion Imaging Market is expected to register a CAGR of 6.34% to reach USD 7,745.57 Million by 2024. Perfusion imaging is a non-invasive imaging test that shows how the blood flows through the organs or tissues. This test is used for the diagnosis of various chronic disorders.
Growing prevalence of cardiovascular & neurological diseases, increasing geriatric population, and advancements in technology are driving the growth of the global perfusion imaging market. However, stringent regulatory policies are likely to hamper the market growth.
Market Dynamics
Growing prevalence of cardiovascular & neurological diseases and increasing geriatric population are driving the growth of the global perfusion imaging market. For instance, as per the American Heart Association Statistics Committee and Stroke Statistics Subcommittee, in 2017, every year about 795,000 people in the US have a stroke in which about 610,000 of them are first, or new strokes and185,000 are recurrent strokes. Moreover, advancements in technology are further fueling market growth.
Global Perfusion Imaging Market Revenue, by Product Type, 2018 (USD Million)
Source: MRFR Analysis
Segmentation
The global perfusion imaging market, by modality, has been segmented into computed tomography (CT) scan, magnetic resonance imaging (MRI) and nuclear medicine. The computed tomography (CT) scan segment accounted for a value of USD 2,976.75 million in 2018. On the basis of application, the global perfusion imaging market is segmented into myocardial perfusion imaging, ventilation perfusion imaging, functional brain imaging, and others.
Key Players
The prominent players in the global perfusion imaging market are General Electric Company (US), Siemens (Germany), Medtronic (Ireland), Canon Medical Systems Corporation (Japan), Bracco Diagnostic, Inc. (Italy), Koninklijke Philips NV (Netherlands), Neusoft Corporation (China), lantheus Medical Imaging, Inc. (US), Shimadzu Corporation (Japan), Aetna (US), Perimed (US), Advantis Medical Imaging (Netherland) and others.
Asia-Pacific Perfusion Imaging Market Share, 2018 (%)
Source: MRFR Analysis
Regional Analysis
The global perfusion imaging market, based on region, is divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The Americas is expected to hold the largest share of the global perfusion imaging market. This is owing to the increasing incidence rate of cardiovascular diseases, brain tumors, and tumor-related angiogenesis, among others, in the region. Europe showed a considerable amount of growth in the market due to the growing prevalence of neurological disorders. Asia-Pacific is estimated to be the fastest growing region in the global market due to the large geriatric population and the presence of rapidly developing economies such as China, India, and South Korea. Australia held a share of 11.2% in the Asia-Pacific perfusion imaging market in 2018. Also, the market in the Middle East & Africa is expected to steadily grow owing to the increasing awareness about diseases in the region.
Recent Developments
Some of the key strategies followed by players operating in the global perfusion imaging market were innovation, product development, acquisition & mergers.
- In January 2019, Shimadzu Corporation acquired Core Medical Imaging, Inc. to strengthen its healthcare business in North America. This acquisition strengthened the company’s foothold in the North American market.
- In March 2018, GE received approval from Health Canada for Signa Premier, a 3.0T MRI system. This expanded the product portfolio of the company.
- In January 2018, Siemens acquired Fast Track Diagnostics, thus expanding its diagnostics portfolio.
Market Segmentation
Global Perfusion Imaging Market, by Modality
- Computed Tomography (CT) Scan
- Magnetic Resonance Imaging (MRI)
- Nuclear Medicine
Global Perfusion Imaging Market, by Application
- Myocardial Perfusion Imaging
- Ventilation Perfusion Imaging
- Functional Brain Imaging
- Others
Global Perfusion Imaging Market, by Region
- Americas
- North America
- US
- Canada
- Latin America
- North America
- Europe
- Western Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Western Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Middle East
- Africa
Available Additional Customizations
- Global Perfusion Imaging Market, by Type of Perfusion
- Global Perfusion Imaging Market, by Target Area
Intended Audience
- Hospitals
- Medical devices companies
- Research institutes
- Contract Research Organizations
- Academic institutes
Frequently Asked Questions (FAQ) :
Perfusion Imaging Market is projected to grow at a 6.34% CAGR between 2015-2023.
Perfusion Imaging Market predicted to touch USD 7,745.57 million by 2023.
The Americas is expected to dominate the Perfusion Imaging Market.
It finds extensive applications in functional brain imaging, ventilation perfusion imaging, and myocardial perfusion imaging.
Stringent regulatory policies may limit market growth.
