Product Code: CMI6619
The global spinal imaging Market size was valued at US$ 2.10 Bn in 2023 and is expected to reach US$ 3.19 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 2.10 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 - 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
5.40% |
2030/2031 Value Projection: |
US$ 3.19 Bn |
Figure 1. Global Spinal Imaging Market Share (%), By Region, 2023
The global spinal imaging market has been witnessing steady growth in the past few years owing to the rising prevalence of spinal disorders and technological advancements in imaging modalities. Spinal imaging refers to the visualization and examination of the spine and its surrounding structures through various techniques such as X-ray, CT scan, MRI, and ultrasound. These imaging modalities help in diagnosing conditions affecting the spinal cord, vertebrae, and surrounding soft tissues and also assist surgeons in planning and conducting spinal procedures. Factors, such as growing geriatric population, increasing incidence of spinal deformities, and rising number of spine surgeries, are expected to propel the demand for spinal imaging over the forecast period. However, high costs associated with advanced technologies may hamper the market growth to some extent.
Market Dynamics:
The global spinal imaging market is driven by the rising prevalence of spinal disorders such as degenerative disc disease, spondylolisthesis, spinal stenosis, and spinal injuries. As per estimates, over 80% of the general population reportedly experiences low back pain at some point which necessitates the need for spinal imaging. Technological advancements are also fueling the market growth with the introduction of advanced CTs and MRIs that provide enhanced anatomical details for accurate diagnosis and treatment planning. For instance, multi-row detector CTs allow for shorter scan times and better resolution. Similarly, closed MRI systems have reduced claustrophobic feelings for patients. The growing number of spine surgeries worldwide is another key growth influencer as pre-operative and post-operative spinal imaging is essential. On the other hand, stringent regulations for new product approvals and high costs associated with newer imaging technologies are notable factors expected to restrain market expansion to some degree over the forecast period. Meanwhile, emerging economies with large untreated patient populations represent untapped opportunities for players in this market.
Key Features of the Study:
- This report provides an in-depth analysis of the global spinal imaging market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global spinal imaging market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Shimadzu Corp., FUJIFILM, Hitachi, Ltd., Toshiba Medical Systems, Inc., GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, Canon Medical Systems Corp., Bruker, and Mediso Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global spinal imaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global spinal imaging market.
Detailed Segmentation:
- Global Spinal Imaging Market, By Product
- X-ray
- Myelogram
- Discogram
- X-ray (without contrast media)
- CT
- Myelogram
- Discogram
- X-ray (without contrast media)
- MRI
- Ultrasound
- Global Spinal Imaging Market, By Application
- Spinal Infection
- Vertebral Fractures
- Spinal Cancer
- Spinal Cord & Nerve Compressions
- Global Spinal Imaging Market, By End Use
- Hospital
- Diagnostic Imaging Center
- Ambulatory Care Center
- Global Spinal Imaging Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Global Spinal Imaging Market, Key Players
- Shimadzu Corp.
- FUJIFILM, Hitachi, Ltd.
- Toshiba Medical Systems, Inc.
- GE Healthcare
- Koninklijke Philips N.V.
- Siemens Healthineers
- Canon Medical Systems Corp.
- Bruker
- Mediso Ltd.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Spinal Imaging Market, By Product
- Global Spinal Imaging Market, By Application
- Global Spinal Imaging Market, By End Use
- Global Spinal Imaging Market, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Rising incidence of spine disorders
- Technological advancements in imaging modalities
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Service offering Portfolio
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
- Pipeline Analysis
4. Global Spinal Imaging Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Spinal Imaging Market, By Product, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- X-ray
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Myelogram
- Discogram
- X-ray (without contrast media)
- CT
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Myelogram
- Discogram
- X-ray (without contrast media)
- MRI
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Ultrasound
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
6. Global Spinal Imaging Market, By Application, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Spinal Infection
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Vertebral Fractures
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Spinal Cancer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Spinal Cord & Nerve Compressions
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
7. Global Spinal Imaging Market, By End Use, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Hospital
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Diagnostic Imaging Center
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
- Ambulatory Care Center
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
8. Global Spinal Imaging Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
- North Africa
- Central Africa
- South Africa
9. Competitive Landscape
- Shimadzu Corp.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- FUJIFILM, Hitachi, Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Toshiba Medical Systems, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- GE Healthcare
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Koninklijke Philips N.V.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Siemens Healthineers
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Canon Medical Systems Corp.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Bruker
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Mediso Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
10. Section
- Research Methodology
- About us