Spain 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 2019-2030

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In 2023, 759,000 MRI procedures were performed and are projected to grow at a CAGR of 3.0% over the forecast years to reach 930,000 procedures by 2030. Among the various drivers behind the Spain spinal MRI procedures market is the increasing incidence of spinal disorders, such as herniated discs and spinal stenosis; advancements in MRI technology, which improve diagnosis accuracy; an aging population that increasingly requires more frequent procedures alongside an increasingly informed public regarding the health of the spine, which contributes to earlier diagnosis.

However, there is a challenge of high costs incurred in procedures, limited access in rural areas, and lack of uniformity in the coverage of insurance, thus unattractive to patients. Improvement is seen by increasing the number of health infrastructure, expanding through telemedicine for consultation purposes, and the ongoing development of imaging technologies. Coordination between healthcare providers and tech firms can further unlock MRI services. Current trends have embraced the integration of artificial intelligence for better diagnostic accuracy, comfort measures for patients during procedures, and a call toward more outpatient services that reflect a greater need for convenience in the delivery of healthcare.

Key Takeaways

  • The Spain Spinal MRI Procedures in 2023 were 759,000 growing at a rate of 2.4% from 2019.
  • By procedure type, the Lumbar procedure segment has captured a 60.6% market share in 2023 with 460,000 MRI procedures.
  • By sector, the public hospitals/universities segment will account for a market share of 54.7% in 2023, with 415,000 MRI procedures.

Spain Spinal MRI Procedures Market Segmentation Analysis

By procedures The Lumbar MRI procedure segment has captured a 60.6% market share in 2023 with 460,000 MRI procedures.  This is among the most prevalent causes of medical consultations and leads to diagnostic imaging. The higher incidence demands more lumbar MRIs.

By Sector The public segment has accounted for a market share of 54.7% in 2023 with 415,000 MRI procedures. The Spanish government does significant investments in public healthcare infrastructure and keeps the public hospitals and clinics equipped with the latest imaging technologies. In response, this investment has brought about higher throughput of MRI procedures.

Facts & Figures of MRI Procedures in Spain

  • The cost of an MRI scan would vary from one facility to another and also the type of MRI, and it can cost between €300 and €600 in Spain.
  • A new MRI machine cost will be between €1 million to €3 million depending on the technology and specifications
  • The annual maintenance for MRI machines would cost the equivalent of about 10-15% of the initial purchase cost.
  • About 20% of the population of Spain suffers from a type of musculoskeletal disorder, and this includes back problems.
  • It is estimated that around 5% of adults in Spain suffer a serious spinal injury every year.
  • Healthcare spending across Spain is estimated at €200 billion per year, with about 9% of GDP being accounted for by health spending.

Key Players in the Spain Spinal MRI Procedures Market

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

Spain Spinal MRI Procedures Market Key Developments

  • In April 2023, Unilabs, the market leader in diagnostics, signed an agreement with SmartSoft Healthcare to deploy its AI solution, CoLumbo, to enhance quality in lumbar spine MRI reading and reporting in Spain.
  • In Dec 2020, Royal Philips, a global leader in health technology, and InSightec, a global healthcare company specializing in the therapeutic power of acoustic energy, announced that they are collaborating to make MR-guided focused ultrasound a more accessible technology for incision-less neurosurgery.

Spain Spinal MRI Procedures Market Dynamics

Drivers

The growing prevalence of spinal disorders, such as herniated discs and spinal stenosis, which require advanced diagnostic imaging, is a major driver of the Spain spinal MRI procedures market. Technological improvements in MRI systems include high resolution imaging and functional capabilities, which enhance the precision in diagnosis. Demographically, Spain is aging, and this increases the probability of spine-related problems, thus increasing the demand. Increased public awareness of spinal health and the need for early diagnosis has prompted more individuals to seek MRI evaluation. The growing focus on preventive care in the health sector is thus driving healthcare professionals to prescribe MRI scans for the treatment and management of spinal problems at their onset.

Restiants

Various factors limit the growth of the market for spinal MRI procedures in Spain. First, it is the cost attributed to the MRI machines and procedures, which translates to limiting the accessibility of the facilities and healthcare providers to many patients, especially in economically challenged regions. Furthermore, in rural areas, advanced MRI machines are not present, and the resulting late diagnosis and treatment will act as another challenge. Insurance coverage also varies; thus, some patients might lack comprehensive coverage for MRI scans. In addition, the fear factor associated with MRI is that it may lead to claustrophobia or allergic reactions to contrast agents, which can serve as a deterrent for some patients to undergo the procedure. The combined effect of all these constraints affects the overall growth of the market.

Opprtunity

The market opportunities for spinal MRI procedures appear to be substantial. Likely, the expansion of health infrastructure, particularly in distant zones, would expand MRI facilities, thus boosting their procedures. The institution of telemedicine opens a mode of visiting a doctor from a distance; a practice that may sometimes easily translate into an increase in MRI scan referrals. The scientific research in the development of spinal imaging technologies translates into innovative diagnostic instruments and treatments. Collaboration between healthcare providers and technology companies should be expected to continue advancing the procedures in MRI. In addition, preventive health care and well-being will require an increase in routine spinal imagery tests among patients.

Trends

Presently, trends in the Spain spinal MRI procedures market reflect the use of state-of-the-art technologies and patient-centricity. The use of AI and machine learning in the interpretation of MRI diagnostics is improving speed, and accuracy, and even simplifying the workflow of radiologists. Studies are continually focused on patient-centric outcomes; more comfort measures during the MRI procedure are being implemented by healthcare service providers, for instance, open MRI machines. Another trend that is picking up is outpatient imaging services as patients seek convenience and cost-effectiveness. Also, the partnerships between healthcare providers and firms providing advanced technology are generating innovation in imaging techniques, and hence, the spinal MRI procedure is advancing.

Spain Spinal MRI Procedures Market Segmentation

By Procedures

  • Lumbar
  • Cervical
  • Sacro-Illiac

By Sector

  • Public Hospitals/Universities
  • Private

Frequently Asked Questions

The Spain spinal MRI procedures market growing at a CAGR of 3.0% to reach 930,000 procedures by 2030.

• Growing Incidence of Spinal Disorders
• Technological Advancements
• Aging Population
• Increased Awareness

• AI and Machine Learning
• Patient-Centric Services
• Increased Use of Outpatient Services
• Collaboration with Tech Companies

983 MRI machines were installed in 2023.

The public sector has the highest share in the spinal MRI procedures market.

Key Features of the Report

  • The spain 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. Spain Spinal MRI Procedures Market  Introduction 
2.1. Spain Spinal MRI Procedures Market   - Taxonomy
2.2. Spain Spinal MRI Procedures Market   - Definitions
2.2.1.Procedures
2.2.2.Sector
3. Spain 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. Spain 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. Spain 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. Spain 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
7.2.4.Stryker
7.2.5.Zimmer Biomet
7.2.6.Abbott Laboratories
7.2.7.GE Healthcare
7.2.8.Resonance Health
7.2.9.Medtronic
7.2.10.Siemens Healthineers
8. Research Methodology 
9. Appendix and Abbreviations 

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