North America has the largest share followed by Asia-Pacific. Asia-Pacific will be fastest growing region because of increase in spending limit.
Hyderabad, India -- (SBWIRE) -- 03/07/2018 -- Magnetic resonance system is one of the most widely used diagnostic technique. Regular MRI systems are restricted to analyze only structure and function. To improve the capacity of the imaging, hybrid systems are developed.
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Hybrid MRI is a combination of Magnetic Resonance Imaging and Computed Tomography (CT) which has the ability to bring molecular and system diagnosis together to achieve more efficient medical imaging. MRI combined with PET can possess a greater ability of diagnosis especially of breast cancer. MRI systems combined with x-ray gives provides a more minimally invasive procedure for diagnosis.
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The market expansion is propelled by factors like growing geriatric population, advancements in MRI technology, advancements in MRI perfect pacemakers, and increasing awareness towards modern medical treatments among people from developing countries.
However, there are quite a few restraining factors like high price, scarcity of skilful operators, declining helium gas reserves, and lack of enough reimbursement opportunities.
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Geographically, the market is categorized into North America, Latin America, Asia-pacific, Europe and Middle East & Africa. North America is expected to dominate the market throughout the forecast period as it is far ahead of the other regions in terms of advancements in medical technology. Asia-pacific region is expected to witness the highest growth rate owing to its high patient population.
Some of the key players of Hybrid MRI systems market are Hitachi Medical Corporation, Toshiba Medical Systems, Siemens Healthcare, GE Healthcare, and Philips Healthcare.
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