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Global MRI (Magnetic Resonance Imaging) Market

Posted 18 Dec-2019 01:14 PM by Manisha | 29

Global MRI Market is expected to reach USD 7.68 Billion by 2024 from USD 5.45 Billion in 2016 at CAGR of 4.5% (Detailed analysis of the market CAGR is provided in the report).

Global MRI Market

The constant introduction of advanced disease diagnostic technologies is primarily boosting the growth. In addition, the rapid growth of Global MRI (Magnetic Resonance Imaging) Market sector is attributed to the growing prevalence of chronic diseases which require early diagnosis and timely treatment to prevent late-stage complications. Also, a rising number of road accidents leading to injuries and complications are augmenting the demand for this modality.

Global MRI (Magnetic Resonance Imaging) Market is segmented by architecture, field strength, and geography. Architecture segment is sub-segmented as Open MRI Systems and Closed MRI Systems. Closed MRI systems segment is estimated to hold the largest market share in the forecast period due to the superconducting magnets used in these systems to obtain higher image quality and throughput. Field strength segment is bifurcated as Low-to-mid Field, High-field, and Very-high Field. Very-high Field segment is expected to register the highest growth during the forecast period. Applications segment is bifurcated as Spine and musculoskeletal MRI, Brain and neurological Global MRI (Magnetic Resonance Imaging) Market, Vascular MRI, Pelvic and Abdominal MRI, Breast MRI, and Cardiac MRI. The market based on geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.

North America is expected to dominate the Global MRI (Magnetic Resonance Imaging) Market in forecast period followed by Asia-Pacific and Europe. The favourable reimbursement policies and insurance coverage in the region are helping the patients undergo early diagnosis, which is required for chronic diseases.

The years that have been considered for the study are:

• Base year – 2016
• Estimated year – 2017
• Forecast period – 2017 to 2024

Key Highlights:

• Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints and challenges for Global MRI (Magnetic Resonance Imaging) Market during the forecast period
• Complete quantitative analysis of the industry from 2017 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
• Global MRI Market analysis and comprehensive segmentation with respect to the applications, architecture, field strength, and geography to assist in strategic business planning
• Global MRI Market analysis and forecast for five major geographies North America, Europe, Asia pacific, Middle East & Africa, Latin America and their key regions

Research Methodology:

Global MRI Market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at the country level to get the fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for Global MRI Market.
Key Players in the Global MRI Market Are:

• Siemens Healthineers
• GE Healthcare
• Phillips
• Hitachi
• Canon Medical Systems
• Koninklijke Philips N.V.
• Aurora Imaging Technologies Inc.
• General Electric Company
• Esaote SpA
• Toshiba Corporation.
• Aspect Imaging
• Bruker
• Fonar
• Neusoft Medical Systems
• Shenzhen Mindray Bio-Medical Electronics
• Xingaoyi

Key Target Audience:

• Research and Consulting Firms as well as Venture capitalists, private equity firms, and startup companies
• MRI Research Centres
• MRI Products Manufacturers
• MRI Products Distributors
• Contract research organizations (CROs)
• Government Bodies
The scope of the Global MRI Market:

Research report categorizes the Global MRI Market based on applications, architecture, field strength, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global MRI Market with key developments in companies and market trends.
Global MRI Market, By Application:

• Spine and musculoskeletal MRI
• Brain and neurological MRI
• Vascular MRI
• Pelvic and Abdominal MRI
• Breast MRI
• Cardiac MRI
Global MRI Market, By Architecture:

• Open MRI Systems
• Closed MRI Systems
• Standard Bore
• Wide Bore
Global MRI Market, By Field Strength:

• Low-to-mid Field
• High-field
• 1.5T
• 3T
• Very-high Field
Global MRI Market, By Geography:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Available Customization:

Maximize Market Research offers customization of report and scope of the report as per the specific requirement of our client.
This Report Is Submitted By @ Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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Company Information

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Maximize Market Research Company Manisha Kashid 09607365656 [email protected] https://www.maximizemarketresearch.com

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