Switzerland Spinal MRI Procedures Market Size, Share, Growth, Trends, and Industry Analysis: By MRI Procedures (Lumbar MRI Procedures, Cervical MRI Procedures, and Sacro-iliac MRI Procedures), By Sector (Public Hospitals/Universities, and Private (Private Hospitals, and Imaging Centers)), and Country Forecast 2020-2030.

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In 2023, 217,000 MRI procedures were performed and are projected to grow at a CAGR of 3.8% over the forecast years to reach 283,000 procedures by 2030. An aging population, technological advances, and increasing health spending characterize the Switzerland Spinal MRI Procedures Market. On the other hand, high cost, limited reimbursement, and wait times act as access constraints. Some of the opportunities for growth and development concerning the market include telehealth Integration, specialty centers, research and Development, and AI-based analysis. The future of the market is sure to be influenced by prevailing trends like AI, fMRI, and mobile MRI units. The demand for spinal MRI procedures in Switzerland will rise in line with the aging population, along with advanced healthcare technology. 

Key Players in the Switzerland Spinal MRI Procedures Market

The Switzerland Spinal MRI Procedures Market size is inclusive of several companies such as Resonance Health, Medtronic, Stryker, Zimmer Biomet, Abbott Laboratories, GE Healthcare, Siemens Healthineers, Philips Healthcare, Canon Medical Systems, Toshiba Medical Systems, and others.

Key Takeaways

  • The Switzerland Spinal MRI Procedures in 2023 were 217,000 growing at a rate of 7.6% from 2019.
  • By procedure type, the Lumbar procedure segment has captured a 62.7% market share in 2023 with 136,000 MRI procedures.
  • By sector, the private segment has accounted for a market share of 56.7% in 2023 with 123,000 MRI procedures.

Facts & Figures of MRI Procedures in Switzerland

  • According to the Federal Statistical Office (FSO), In 2019, hospitals in Switzerland were equipped with 215 MRI devices, representing an increase of 25% in five years. They also had 219 scanners (+9% in five years), and the number of scans carried out every day on average per device increased from 11 in 2014 to 13 in 2019.
  • In 2023, the population aged 65 and above in Switzerland accounted for 19.67% of the total population, reflecting an increase from previous years. The absolute number of individuals in this age group reached approximately 1.73 million, up from 1.69 million in the previous year, indicating a growth rate of approximately 2.3%.

Switzerland Spinal MRI Procedures Market Key Developments

  • In Nov 2019, Canon Medical Systems acquired Skope Magnetic Resonance Technologies AG, a Swiss MRI research and development company. Through such acquisition, it hopes to augment its capabilities in the development of innovative MRI technologies and to produce excellent imaging for users.

Switzerland Spinal MRI Procedures Market Dynamics

Drivers

The trend of certain aging in Switzerland coupled with the rise in spinal conditions including degenerative disc disease and disc herniation significantly contributes to the spinal MRI procedures market. Technological advancements included higher field strength machines and better image quality, which yielded a higher degree of accuracy in terms of diagnosis and proper treatment planning, further driving the need for spinal MRI. Health spending in Switzerland accommodates more accessibility to diagnostic imaging procedures like spinal MRI. Other aspects that have contributed to the rising demand are the increased public awareness of spinal disorders and MRI scanning in diagnosis.

Restraints

Although there is a rising demand, various factors can limit access to spinal MRI procedures in Switzerland. Expensive MRI scans make it inaccessible to some patients although such cases are many and patients lack comprehensive health insurance coverage. Limited reimbursement for some of the MRI procedures, especially those that are not urgent, limits their access. It may also lead to more time spent waiting for the MRI scan, although that time is long for those far from the center especially if in rural areas or even for non-urgent MRI scans, which would result in delayed diagnosis and treatment.

Opportunity

Growth opportunities The Swiss Spinal MRI procedures market offers multiple opportunities. Advancement and integration with telehealth could help enhance access to MRI interpretation and follow-up in a rural area. Specialized MRI centers dedicated solely to spinal imaging could provide improved and more effective diagnoses. Investment in new MRI techniques and applications research and development would better the care of patients and the growth of the market. Integration of AI to analyze images could improve diagnostic accuracy and efficiency.

Trend

The future Switzerland Spinal MRI Procedures market trends include the use of AI in the evaluation of images from MRI for diagnosis and treatment, functional MRI (fMRI) is increasingly being adopted, used to understand relationships between activity in the brain and spinal pain, thus informing targeted treatments. Advances in mobile MRI technology are making the diagnosis much more accessible in rural areas and to patients who may not be able to physically travel to a fixed facility. Lastly, concern for preventive care, as well as early detection of spinal conditions, would lead to increasing usage of MRI scans in more initiative-taking ways.

Switzerland Spinal MRI Procedures Market Segmentation

By Procedures

  • Lumbar
  • Cervical
  • Sacro-Illiac

By Sector

  • Public Hospitals/Universities
  • Private

Frequently Asked Questions

The Switzerland spinal MRI procedures market growing at a rate of 3.8% to reach 283,000 procedures by 2030.

• Aging Population
• Increased Awareness
• Technological Advancements
• Reimbursement Policies
• The Presence of Specialized Healthcare Facilities

• Mobile MRI Units
• Functional MRI

Lumbar MRI procedures have the highest share in the spinal MRI procedures market.

The segments covered in the research report are procedures and sectors.

Key Features of the Report

  • The Switzerland spinal MRI procedures market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
1.Executive Summary
2.Switzerland Spinal MRI Procedures Market Introduction 
2.1.Switzerland Spinal MRI Procedures Market  - Taxonomy
2.2.Switzerland Spinal MRI Procedures Market  - Definitions
2.2.1.Procedures
2.2.2.Sector
3.Switzerland Spinal MRI Procedures Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Switzerland Spinal MRI Procedures Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Switzerland Spinal MRI Procedures Market  By Procedures, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Lumbar
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Cervical
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Sacro-Illiac
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Switzerland Spinal MRI Procedures Market  By Sector, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Public Hospitals/Universities
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Private
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Competition Landscape
7.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
7.2.1.Philips Healthcare
7.2.2.Canon Medical Systems
7.2.3.Toshiba Medical Systems, Stryker
7.2.4.Zimmer Biomet, Abbott Laboratories
7.2.5.GE Healthcare, Resonance Health
7.2.6.Medtronic
7.2.7.Siemens Healthineers
8. Research Methodology 
9. Appendix and Abbreviations 

Adjacent Markets