Global Musculoskeletal Imaging System Market was valued at USD 540.7 billion in 2019 and it is expected to reach 695.3 billion by 2027 at a 5.2% CAGR.
Musculoskeletal imaging system includes various imaging tests to screen the musculoskeletal structure at molecular level. Musculoskeletal imaging system is classified into various products such as X-ray, CT, MRI, Ultrasound, SPECT, and Hybrid PET. In orthopaedic industry CT (Computed tomography) and high tesla MRI used to carry out musculoskeletal imaging. The musculoskeletal imaging system is able to generate multi-dimensional detailed interpretation of the interior body parts. MRI and CT scan reports provide accuracy in imaging compared to Conventional X-Rays, and cost of X-ray ios low than MRI and CT scan treatment.
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Increased awareness regarding musculoskeletal disorders in people is the key driving factor which is expected to boost the global musculoskeletal imaging system market growth. Furthermore high prevalence of musculoskeletal disorders owing to incidence of rheumatoid arthritis sarcopenia, osteoporosis, psoriatic arthritis is expected to propel the global musculoskeletal imaging market growth during this forecast period. For instance, in 2011, according to Medical Expenditures Panel Survey around 11o million people were suffering from musculoskeletal disorders across this globe. Moreover, increase in demand for X-ray and radiation in healthcare industry is expected to fuel the global musculoskeletal imaging system market. Also, increase in preclinical trials and research in musculoskeletal imaging system will have the positive impact on global musculoskeletal imaging system market growth.
However, Stringent policies and guidelines of government for devices used in musculoskeletal imaging system is the restraining factor which is expected to hamper the growth of global musculoskeletal imaging system market,.
Global Musculoskeletal Imaging Systems Market is segmented into product type such as X-ray, CT, MRI, Ultrasound, SPECT, and Hybrid PET, by modality such as High Capacity, and Low Capacity. Further, Global Musculoskeletal Imaging Systems Market is segmented into end user such as Hospitals, Specialty Clinics, Ambulatory Surgical Centers, and Diagnostic Centers.
Also, Global Musculoskeletal Imaging Systems Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
Market Key Players
Various key players are discussed in this report such as TomTec Imaging Systems GmbH, Shimadzu Corporation., Siemens Healthineers, Toshiba Corporation., Koninklijke Philips N.V.,and Others.
By Product Type
- Hybrid PET
- High Capacity
- Low Capacity
By End User
- Specialty Clinics
- Ambulatory surgical centers
- Diagnostic centers
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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