Brain PET-MRI systems Market Size, Share, Growth, Trends, and Global Industry Analysis: By Phase (Clinical and Pre-clinical), By Product Type (Traditional PET/MRI systems and Helium-free PET/MRI systems), By End User (Hospitals, Diagnostic centers, and Others), and Region Forecast 2019-2030

Brain PET-MRI Systems Market size was valued at US$ 299.9 million in 2023 and is poised to grow at a significant CAGR of 5.9% from 2024-2030. A PET-MRI scan is a hybrid test that creates images through a positron emission tomography (PET) scan and a magnetic resonance imaging (MRI) scan. This new hybrid technology has the strengths of PET and MRI to produce the most highly detailed pictures of the inside of the brain. These images are used to diagnose medical conditions and make treatment plans.

For instance, PET/MRI scans of the brain are useful in various conditions including various types of cancers such as breast cancBrain PET-MRI Systems Market er screening, lung cancer, thyroid cancer, coronary artery disease, heart attack, brain disorders, such as brain tumors, epilepsy, dementia, and Alzheimer disease. Cancers and chronic diseases are increasing rapidly due to growing geriatric populations, unhealthy lifestyles, and the increasing number of smokers.

For instance, according to the World Health Organization (WHO), Cancer is a leading cause of death worldwide, accounting for nearly 10 million deaths in 2020, or nearly one in six deaths and around one-third of deaths from cancer are due to tobacco use, high body mass index, alcohol consumption, low fruit, and vegetable intake, and lack of physical activity. Many cancers can be cured if detected early and treated effectively. Hence, it will drive the global brain PET-MRI systems market. Increasing usage of brain PET-MRI systems for preclinical imaging and growing demand for multiparametric neuroimaging are boosting the global brain PET-MRI systems market. However, the lack of highly skilled professionals is the major restrain in the global market. Geographically, North America held the major market share in 2021 and is expected to maintain the market trend at a significant CAGR in the forecasted years.

Brain PET-MRI Systems Market Developments

• In Jan 2022, Siemens Healthineers announced its latest innovations virtually as well as live at Arab Health 2022 that enable healthcare professionals to enhance care and leverage AI to revolutionize clinical decision-making.