Imaging technologies such as X-ray, CT, ultrasound, and MRI are the most common imaging modules used for diagnostics and other practices. Among these technologies, magnetic resonance imaging (MRI) is increasingly becoming the most preferred imaging module due to the offered advantages such as image precision, accuracy, and minimum hazards from radiation exposure. In addition, MRI imaging can also produce 3D isotropic images and efficiently deliver soft tissue images, thus adding to the popularity of this technology in the global market.
The global MRI systems market is driven by growing awareness about the benefits of MRI, technological innovations, thus delivering precise imaging, and demand for high field scans. This technology is rapidly gaining a foothold in emerging markets of China, India, the Middle East, and Latin America due to the high prevalence of chronic conditions such as cancer, cardiovascular diseases, musculoskeletal conditions, and neurological conditions. Considering such potential opportunities, international players are gradually establishing their bases in these regions to enhance their revenue generation and geographic reach. However, unfavorable reimbursement for the latest technologies and a lack of skilled radiologists may hold back the growth of the MRI systems industry in developed markets.
The global magnetic resonance imaging (MRI) systems market is segmented on the following bases:
System Type
Low-Field (1.2t or less) Scanners
3T Scanners
5T Scanners
7T Scanners
Refurbished MRI
Others
Applications
Neurology
Cardiology
Breast Imaging
Vascular Imaging
Extremity Imaging (Musculoskeletal)
Pediatric Imaging
Others
Architecture
Closed MRI Systems
Open MRI Systems
Geography
North America
US
Canada
Europe
UK
Germany
Rest of Europe
Asia-Pacific
Japan
China
Rest of APAC
Latin America
The Middle East and Africa
Key players identified in magnetic resonance imaging (MRI) systems market include but are not limited to: GE Healthcare, Hitachi Medical Corporation, Philips Healthcare, Siemens Healthcare, Toshiba Medical Systems, Neusoft Medical Systems Co., Ltd., and others
This report offers:
An overview of the global markets for magnetic resonance imaging (MRI) systems
Market trends assessment for the period 2014-2022, with historical information for 2014 & 2015 and projections through 2022, with respective CAGRS during 2016-2022
Qualitative assessment tools include market drivers, challenges and prospects, major commercial events, etc.
Market competition scrutiny tools such as market share analysis, attractive investment proposition, and Porter’s Five Forces model
Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics
A general overview of the industry structure
Company profiles highlighting key information about the major players operating in the magnetic resonance imaging (MRI) systems market
Frequently asked questions :
The market for Magnetic Resonance Imaging (MRI) Systems Market is expected to reach US$ XX Bn by 2022.
The Magnetic Resonance Imaging (MRI) Systems Market is expected to see significant CAGR growth over the coming years, at XX%.
