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Global Spinal imaging Market to reach USD 2.40 billion by 2027.

Global Spinal imaging Market Size study, by Product (X-ray, CT, MRI, Ultrasound), Application (Spinal Infection, Vertebral, Spinal Cancer, Spinal cord & nerve Compression) End-use (Hospital, clinics, Diagnostic imaging center, Ambulatory care center) and Regional Forecasts 2020-2027

Product Code: HALMD_37203501
Publish Date: 11-02-2021
Page: 200

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. 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 patient’s 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
Mediso Ltd
Shimadzu Corporation
Hitachi, Ltd.
Toshiba Medical Systems, Inc.

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:
By Application:
Spinal Infection
Spinal Cancer
Spinal cord & nerve Compression
By End-use:
Hospital, clinics
Diagnostic imaging center
Ambulatory care center
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Spinal imaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Spinal imaging Market, by Region, 2018-2027 (USD Billion)
1.2.2. Spinal imaging Market, by Product, 2018-2027 (USD Billion)
1.2.3. Spinal imaging Market, by Application, 2018-2027 (USD Billion)
1.2.4. Spinal imaging Market, by End-use, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Spinal imaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Spinal imaging Market Dynamics
3.1. Spinal imaging Market Impact Analysis (2018-2027)
3.1.1. Market Drivers Increasing burden of spinal disorders Growing procedural volume of spinal surgeries
3.1.2. Market Challenges Technological advancement in software as well as hardware equipment of spinal surgeries Change in machine learning concept in spinal imaging
3.1.3. Market Opportunities Advent of multidetector CT scan with more faster gantry speed Rising geriatric population
Chapter 4. Global Spinal imaging Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Spinal imaging Market, by Product
5.1. Market Snapshot
5.2. Global Spinal imaging Market by Product, Performance- Potential Analysis
5.3. Global Spinal imaging Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Spinal imaging Market, Sub Segment Analysis
5.4.1. X-ray
5.4.2. CT
5.4.3. MRI
5.4.4. Ultrasound
Chapter 6. Global Spinal imaging Market, by Application
6.1. Market Snapshot
6.2. Global Spinal imaging Market by Application, Performance- Potential Analysis
6.3. Global Spinal imaging Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Spinal imaging Market, Sub Segment Analysis
6.4.1. Spinal infection
6.4.2. Vertebral fractures
6.4.3. Spinal cancer
6.4.4. Spinal cord & nerve compressions
Chapter 7. Global Spinal imaging Market, by End-use
7.1. Market Snapshot
7.2. Global Spinal imaging Market by End-use, Performance- Potential Analysis
7.2.1. Global Spinal imaging Market Estimates & Forecasts by End-use 2017-2027 (USD Billion)
7.3. Spinal imaging Market, Sub Segment Analysis
7.3.1. Hospitals
7.3.2. Clinics
7.3.3. Diagnostic imaging centre
7.3.4. Ambulatory care centre
Chapter 8. Global Spinal imaging Market, Regional Analysis
8.1. Spinal imaging Market, Regional Market Snapshot
8.2. North America Spinal imaging Market
8.2.1. U.S. Spinal imaging Market Product breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027 End-use breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Spinal imaging Market
8.3. Europe Spinal imaging Market Snapshot
8.3.1. U.K. Spinal imaging Market
8.3.2. Germany Spinal imaging Market
8.3.3. France Spinal imaging Market
8.3.4. Spain Spinal imaging Market
8.3.5. Italy Spinal imaging Market
8.3.6. Rest of Europe Spinal imaging Market
8.4. Asia-Pacific Spinal imaging Market Snapshot
8.4.1. China Spinal imaging Market
8.4.2. India Spinal imaging Market
8.4.3. Japan Spinal imaging Market
8.4.4. Australia Spinal imaging Market
8.4.5. South Korea Spinal imaging Market
8.4.6. Rest of Asia Pacific Spinal imaging Market
8.5. Latin America Spinal imaging Market Snapshot
8.5.1. Brazil Spinal imaging Market
8.5.2. Mexico Spinal imaging Market
8.6. Rest of The World Spinal imaging Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. GE Healthcare Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Koninklijke Philips N.V.
9.2.3. Siemens Healthineers
9.2.4. Canon Medical Systems Corporation
9.2.5. Bruker
9.2.6. Mediso Ltd
9.2.7. Shimadzu Corporation
9.2.9. Hitachi, Ltd.
9.2.10. Toshiba Medical Systems, Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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